The strong support level is a good place where down trend can be stopped. Bullish divergence gives a signal of possible trend reversal and we can open long trades. Entry level is above Kijun line. Wait for a bullish candle with close price above Kijun and place pending orders above the high of this signal candle. Stop orders must be below the support level. Profit...
The resistance level is a good place where up price movement can be reversed. Bearish divergence, formed by MACD histogram and RSI, gives a signal that up trend is over. We can open short trades. Entry level should be below 714, it's the low of the signal candle. Place stop orders above the resistance level and take-profit orders near MA100. It's possible to use...
Bullish divergence gives a signal about possible trend reversal. Price bounced from the support level and broke Tenkan. If a new bullish candle is closed higher than Kijun, we'll have a good entry level above the high of this candle. We'll be able to open long trades with targets near Senkou A and Senkou B. Stop orders should be placed below the support level....
We have good down movement which started after price reversal from 1.11. We could entry below 1.1027, when got confirmation from MACD and RSI. We could open a short trade, when the pair broke the support level 1.08. Now we can only wait for new signals. If price reverses and moves higher, we'll have possible reversal signal near the resistance level. It will be...
The resistance level is a good place for opening short trades. If we have a bearish candle near this level, it will be a signal of possible price reversal. We will have to get confirmation from RSI and MACD and only after that place pending orders below the low of the candle. Stop orders should be placed above 2186. Profit target will be the support level 2120.
Price and MACD lines formed bullish divergence. At the same time we have falling ADX line which confirms that down movement is not so strong. Probably the down trend is over and we can try make some profit on this trend reversal. Entry level for long trades is above 43.80 with stop below 42. We should place take-profit orders near Moving Average with period 100...
Price bounced from MA with RSI confirmation. MACD starts rising and confirms up movement. ADX is above 20 and shows that we have trend market conditions with strong up movement. It's time for opening long trades with good profit target near the resistance level. Entry level is above 1.2445 and stop below 1.2350. This trade gives us good R/R ratio and it will be...
MACD and RSI formed bullish divergence. It's a reversal signal and we can think about opening long trades. Entry level is above 128.35 and stop orders must be below the support level. Profit target is Moving Average with period 100. DMI shows down movement. If you are looking for a better signal, you should wait for ADX falling. The trading idea is based on Whale...
Price formed bullish divergence with MACD histogram and RSI. It's a good signal for possible trend reversal. DMI allows open long trades because of falling ADX line. Also we have support zone between 1210 and 1200. Entry level is above 1230 with stop below 1200. Profit target can be near Moving Average with period 100.
The pair is near the level which looks interesting for possible trades. Price reached the resistance level and we have a signal for short trades. There are several reasons for this. Price have been moving between 116 and 112 levels more then 3 months. We have range market conditions confirmed by DMI indicator. MACD and RSI confirm price reversal from the...
Price broke Senkou B and gave a signal for opening short trades below the low of the candle. It's is the 1st entry level. Also we can see the support level 43 which reversed prices 2 times. Probably this level will be able to stop down movement for some time. But at the same time we have rising ADX which confirms strong bearish movement and our short trades. The...
Price moved down and closed below Kijun. We have a reversal signal with RSI confirmation. DMI does not show strong up movement and we can open short trades. Entry level is below the low of the signal candle - 1.10270. Stop orders should be placed above the swing high. As for exit levels - we can place take profit orders near the local swing low or use trailing stop.
Price broke Senkou B with confirmation from DMI indicator. We got a signal for opening short trades below the low of the signal candle. Entry level is 4710 with stop order above 4830. We can place take-profit orders near the support level or use trailing stop.
Price reached Senkou B and reversed. RSI is going to confirm price reversal. ADX is below 20 and falls. It's confirmation of range market conditions. We have a possible signal for a short trade. Entry level will be below the low of the signal candle. Stop order should be placed above the swing high and take profit near the trend line and the support level.
Price broke MA20 and moved lower. The possible reversal levels will be between MA50 and MA100, where we will have signals for opening long trades. We'll have to open trades, when RSI and MACD confirm price reversal from this zone. Our buy signal will be more reliable, if ADX starts rising above 20. Stop orders should be place below MA100 and take profit orders...
RSI and price formed bullish divergence. It's a reversal signal and we can think about opening long trades. ADX starts falling and it's good confirmation that down movement is not so strong. Entry level for long trades should be above Kijun, if price breaks this line. Profit target will be near Senkou A and stop orders below the swing low. If price reverses from...
Here is an example how we could catch this up movement and make good profit. Entry level 1 - price bounced from Senkou A and RSI confirmed price reversal. Entry level 2 - price broke the cloud and we got reversal signal from Senkou B. Rising ADX confirmed breakout and up movement. Entry level 3 - price bounced from Tenkan with confirmation from RSI. DMI shows...
Price is between 2 support levels. MACD histogram and RSI confirms price reversal, but DMI shows strong down movement. We'll have to think about opening long trades, when ADX starts falling. Entry level will be above the high of the signal candle. Stop orders will be placed below 1.0950 and take-profit orders near 1.1200. If price breaks the support levels, we'll...