Here we can see that gold price is over sold on Daily frame as per RSI indicator. Gold price experienced the largest one day sell off dice January this year. Watch gold price closely, happy pip hunting traders
Hear we can see clearly that gold is forming shape head&shoulder pattern. If it crosses my 1736.09 I’m jumping on quick scalp sale, because market is bound to bounce up due to gold over sold on daily chart as per RSI, happy pip hunting traders
Here we can see clearly that USDCAD is forming the shape of head&shoulder brand within this week hopefully. Especially with the busy US economic calendar, I believe it’s going to be sale for USDCAD. All we’ve to do is to wait it to cross my entry point then it’s sell for me till it hits my take profit line, happy pip hunting traders.
Here we can see clearly that l pound/dollar is forming (M) shape on daily chart especially coming days we got strong economic calendar for American dollar. All we have to do is wait for it to do it’s pull up to uptrend then I expect it to drop down nicely to its rightful trend the second leg of letter (M). Happy pip hunting traders.
As it shows us on the daily & 4hr chart, BtcUsd reached it highs on the RSI indicator and it’s forming the double extended top (M shape & it’s forming 2nd leg of the M) well that’s a clear sign for the next move for BtcUsd, & that’s plus the confirmation we got earlier regarding the divergence on RSI indicator. I’m going sell. Happy pip hunting traders
XAUUSD (gold) within coming hours or day is going to be consolidating within the grey box as it shows on the chart, then with in this week there’s couple of important fundamental news concerning American economic news (e.g unemployment claims & extra). The result It’s going to break the consolidation box and goes bullish for gold ( clear double bottom forming)...
US100 on a daily chart is on uptrend (bullish) direction which is the usual normal direction or theme of the US indicies but taking a look at the RSI indicator there’s a clear Divergence which is a prediction for the downtrend (bearish) movement for US100 coming days or week. Happy pip hunting traders.
Here’s a more strong confirmation for gbpjpy. The RSI showing clear Divergence from the actual chart. Guess it’s clear what’s the trend for gbpjpy coming days. Happy pip hunting traders.
BtcUsd is showing clear Divergence on the RSI indicator, even with the strong bearish correction t it did today due to NFP release the RSI still shows it’s a down trend movement
GbpJpy showing clearly double top on daily and 4hr chart, wait till it cross the neck on of double top get your confirmation and go SELL
US30 on daily chart is showing clearly uptrend movement (bullish) but if we take a look at RSI indicator it’s showing us downtrend movement (bearish). That’s is showing us clearly the next direction of the market in coming days or week.
US30 is showing uptrend bullish on Daily chart while RSI is showing clear opposite direction (bearish)of the chart bullish direction, let’s hope it works perfectly with my analysis the coming days.
Xauusd on 4hr chart RSI showing clear divergence from the actual what chart showing, guess it’s clear what the next trend on xausd going to be. Keep a good eye.