Here is my quick scan of the market. Of course please don't just buy in Long/Short just because strength shows overbought/oversold. There is always more room to 0 or 100. 1Day: AUDCHF - 26 RSI USDCHF - 29 RSI USDSGD - 28 RSI USDDKK - 26RSI Honorable mentions: USDPLN - 30 RSI Rising ATR NZDCHF - 30 RSI USDNOK - 31 RSI High ATR EURNZD - 75 RSI EURSEK - 72...
We recommend open long positions for USD/PLN. Key point after breakout: 4.05, 4.08, 4.12
Brown elipse is the place to take long posision, after stoch oscilator on 4H turns up (oscilator on day chart just turn up) It's a crossroad of few key fibo retracments, key support and few time zones extensions (blue lines). I think that new trend after correction ABC i've matched goes higher that the last one - stop loss: depens on strategy. I think few pips...
N - 33 candles Angle ~ 45deg for I waves What next ?
Above 4.09 Long leg doji for Friday Kumo is green (UP) KS is flat
SHORT from KS. The USD is too expensive.
Hi traders, On this pair we also have a potential bat pattern. Although I don't trade this pair, I'm still posting it for those that do and to see if the bat pattern is any good on this pair. I post them as I see them. Entry: 4.12551 Stop: 4.08670 Target: 4.19199 = R:RR 1.71 Best of luck! Updates will follow.
Hi traders, On the USDPLN we can see a bat pattern starting to take shape. Entry: 4.12621 Stop: 4.07372 Target: 4.21494 = R:RR 1.69 Good luck guys!
After spring, USDPLN most likely continue up to 4.3 to upper line of trend channel and upthrust last high. It can be about FOMC next week.
Hi traders, On the USDPLN we see a bat pattern forming, which completes at he 61.8% Fibonacci retracement. Entry: 4.16886 Stop: 4.15297 Target: 4.19386 = R:RR 1.57 Best of luck! Will be updating this post as time progresses.
Maybe divergence @MACD This is new high time for correction @D1 End of N structure (Ichi Wave) @W1
SHORT with SL @ 4.10. Small position. I will add new after red candle @ D1.