Downtrend past 2 days. Will retest previous support and probably gain momentum downwards as it fails to break above. Conservative: blue line Normal: Yellow line Aggressive: Below Yellow line with moving stoploss
Did HH and HL, but then HH and LL, showed weakness and trend for past hours has been downwards. Once it breaks support (probably in the morning), first target is slightly above 16.70, depending on the strenght, could go lower to 16.65+-
We have a variety of 4h signals in this pair, which yield excellent results to the vigilant. In the daily a considerably large downtrend signal is about to confirm. I have entered a daily trade ahead of confirmation. You can enter now, before it's confirmed, because I think the weight of the evidence supports its success. As many know, I was working for a...
The 3 month line has been broken out of regular US market hours! Keep Watching!
This is an interesting portfolio. Will these pairs follow USDCNH's lead? Is this the beginning of a new fundamentally backed intermediate term trend? Or just a very nice short term short? Setups on chart, we will cover these in our skype group's discussions. If you want live updates and more information, make sure to contact me via pm or skype. I provide signals...
Look closeley the 3 month (quarter) EMA..! The MX don't want to give up against this trendline!
1. Beautifull Divergence for both recent tops (momentum/price) 2. Price broke the trend line 3. Lots of missed pivots below the price Go short targeting the area of support with. SL above the highs. Sell more after support is broken.
Long Term Resistancw could be founded...? $EWJ seems a little bit exhausted for buying pressure as well! Time Will tell...