sma50

maga22

Hi, I just thought to quickly look at the chart and see when I can buy in again... Do you agree with me or would suggest something different? Thanks for looking at the chart! Have a nice day! Pat :)

maga22

Everything confirms and shows a downtrend, but looking at the trendlines and centre line for the RSI indicator. It seems that we can perhaps hope for a reversal soon IF 1.Candle stick crosses the grey dotted line and we see higher highs. 2.OBV line crosses grey dotted line and we see an increase 3.RSI crosses centre line (50) for a bullish momentum. Do you agree...

maga22

I would feel more confident if the ADX (black line) is above 20 but in a falling state. In this case it looks as if it increasing... My interpretation of Volume and Price: Volume Share Price Interpretation Decline Uptrend Bearish Decline Downtrend Bullish Increase Uptrend Bullish Increase Downtred Bearish What are your thoughts on GLBS ?...

LookIntoTrade

Sell USDHUF. Touching resistance as well as SMA50. In addition, doji formed yesterday.

LookIntoTrade

Stock market is fighting with SMA50 and the monthly S1 today. We will see how the price closes at the end of US session.

Tradingstrategyguides Updated 

Watch the RSI with #9 setting to rise above 70 line to show that there is bullish momentum to carry price up to the 100 sma. MACD is over=extended long so price may only make it halfway through this space and fall back to the 50 sma. Then price will continue through the space up to the 100 sma. I entered the trade on the candle that closed above the 50 sma. My TP...