DocWonmug

DocWonmug Updated 

A probable LH has formed at the resistance trendline that started on 3 Dec 2018. I have no observations on the RSI as far as a trigger, so this trade is based only on the resistance trendline plus SR at the LH. Watch out for the major upcoming events.

DocWonmug

4H DT since 9 Oct 2019. 95% regression. Looking for retest SR @1.30182. Then a break in RSI and PA trendlines 1W UT from 4 Sept 2017 to 17 June 2019. @89% regression. Probable turn to DT.

DocWonmug Updated 

RSI has broken below the trendline and the 50. PA has broken below the 95% regression fit channel. Waiting for PA to close below the SR at 1.28630. Entry, SL and TP are approximate.

DocWonmug Updated 

RSI broke trendline since 1 Oct 2019, probable LH on 21 Oct 2019. Looking for pullback to confluence of resistance (blue) and major SR (gold).

DocWonmug Updated 

RSI and PA trendlines have broken. Probable HH formed. PA below 20 EMA. Looking for RSI close below 50, and PA close below 23.6% fib. Although I may put in a stop order at the 23.6 since I will be tied up with my pesky day job.

DocWonmug Updated 

The channel shows a downtrend since 17 April 2019 at 91% regression fit. PA is at the top of the channel, at a third test of the LH. RSI shows a break below the trendline. Waiting for RSI to cross 50. Entry, SL and TP are approximate.

DocWonmug

In an upward channel with 93% regression and approaching the previous resistance. Look for reversal at 74.502, a break in the RSI trendline, and a break below the bottom of the channel.

DocWonmug Updated 

Nearing the top of the 1W 85% regression channel. Possible break in the RSI trendline, now looking for break on the PA trendlines. Here is the 1W chart so you can see the whole channel.

DocWonmug

RSI current break below trendline. Probable new HH in UT since 3 Sept 2019. Waiting for break below PA trendline. This will be a counter trend trade so use caution.

DocWonmug

Possible final LL at 3 Sept 2109. Waiting for the current possible HL to pan out. Looking for a break and close above trendlines for RSI and PA. Some early ideas on SL and TP, TBC.

DocWonmug Updated 

* RSI and PA honoring trendlines * 21 - 78 EMA cross => Small trade per SR's for TP and SL => RtR approx 2.25

DocWonmug Updated 

This pair seems to be exiting a period of consolidation from 6 Aug 2019. Prior to that, it had been in a DT since 16 April 2019. As it is exiting the consolidation, a cross in the 21 and 78 EMA’s has formed. If it breaks and closes above the SR @ 72.930 (last LH in the DT), I’ll be looking for a long trade as shown, with the SL at the 78 EMA level. The trade as...

DocWonmug Updated 

* Tweezer top reversal covering both a recent SR level and the 78 EMA. Break of RSI below trendline. (Still looking for the retest at the LL at 1.09260....) => Wait for break below SR at 1.10269. RtR 1.08 as shown.

DocWonmug

* PA approaching significant SR from May-June 2019, and 1W trendline * Probable LL * Established RSI and PA trendlines. => Looking for break in RSI and PA trendlines at support levels. Two profit targets shown

DocWonmug Updated 

* Good RSI break above trendline, waiting for close a top of the hour. * Needs to break above SR at 1.09753 for trade entry. * Room for long entry up to PA trendline * Probable LL => RtR 1:1

DocWonmug

In a DT since 30 June 2019. A retest has formed at the last LH of the DT. Looking either for the DT to continue and the PA to fall, or to break and close above the SR at 108.453. If it falls, I’ll be looking for a break in the RSI and PA trendlines. Alternately if PA continues to rise, this may signal a change to an UT.

DocWonmug Updated 

* Pin bar at multi-test probable LH * Good but short RSI and PA trendlines => Look for RSI and PA break and close for DT continuation. => PA break will also break 21 and 78 EMA => 1.56 RtR

DocWonmug

Short breakout of 95% regression channel since 30 July 2019 - break and close below bottom of channel. Also note recent previous RSI trend divergence from PA trend direction. Waiting for retest of channel bottom as resistance and for RSI reflection below trendline. Waiting for break and close below SR @1.90652.