GBPCHF: RSI overbought. Selling at 61.8% retracement level
USDJPY: RSI overbought. Selling at 38.2% retracement
XAGUSD silver bearish divergence RSI and bearish cypher on daily might go down to trendline and reach 15.0 area
Potential Bat Completion with RSi Extremely Overbought and Divergence
USDJPY: Smaller fractal has RSI overbought. Selling if price broken trendline. Bigger fractal is expected to retrace at 88.6% an uncommon fibonacci level.
GBPAUD: RSI overbought. OA down. Selling at 50% retracement. SL is ATR.
FX:EURGBP This pair invalidated my bearish prediction last week due to fundamentals pushing it up. At this point, I think it can't ignore the technicals and will have to go down a bit before continuing its movement up within a channel. It is overbought on multiple indicators including RSI and Stochastic and there is a clear long term MACD bearish divergence. We...
USOIL: RSI overbought. Price also approaching downtrend line. Expecting to go bearish at 76.4% fibonacci level.
Trade: Short 1241 S/L: 1245 Target: 1217 maybe lower R/R: around 6 Price Action setup due to RSI Trendline and upper resistance level (1243) Seems like a good spot to me
On a 4 hours time frame, some more bearish details appear. A broken trend line (3) and a negative divergence might signal a first drop towards 0.8000.
USOIL: End of Downtrend? Trendline broken. Buying USOIL at cheapest price.
Today I am opening a short position in EU. However, Yellen speaks tomorrow, so my size is very small - if we go up tomorrow, you could set a tight stop loss or no stop loss at all & then short it from the new high - however, trades like this are not for everyone, especially people who are not very comfortable with having no stop losses.
USOIL WTI Crude bullish divergence in H1 possible targets 36.70 and 37.70 if trendline holds backtest
in the weakly chart i find RSI is making a new higher-highs for no reason. which means we will have very strong down trend in the future i think we will have some more weak trend up to make a new high in RSI
GBPNZD: Selling England By Pound. RSI shows uptrend has ended. Price has reached 61.8%, expecting bearish move.