RSI Divergence on CHFJPY with reversal candle ( Hammer formed over 3 days). Stop placed above recent high and limit placed at 50% retracement of recent move for 1:6 R:R
RSI Divergence on ENZDJPY. Mondays price action gives us a solid bearish as an entry with strong Bollinger band extrusion. Stop placed above recent high and limit placed at 50% retracement of recent move for 1:4.4 R:R.
Entry at 3075 after doji candle at upper bollinger band. Stop placed above recent high and limit placed at 50% retracement of recent move for 1:6.5 R:R. One slight drawback is that although the upper bollinger band has been tested the RSI is not in oversold territory.
RSI Divergence on EURPLN. Combining Friday & Mondays price action gives us a solid bullish hammer as an entry. Stop placed below recent low and limit placed at 50% retracement of recent move for 1:4.3 R:R. One slight drawback on this setup that isn't sitting right with me is the fact that the lower bollinger band has not been tested although the RSI dipping to 25...
RSI Divergence on USDNOK with reversal candle ( Shooting star ). Stop placed above recent high and limit placed at 50% retracement of recent move for 1:5 R:R
RSI Divergence on USDCAD with reversal candle ( Shooting star ). Stop placed above recent high and limit placed at 50% retracement of recent move for 1:5.1 R:R
RSI Divergence on NZDUSD with reversal candle ( Shooting star ). Stop placed above recent high and limit placed at 50% retracement of recent move for 1:6.9 R:R
RSI Divergence on EURNZD with reversal candle ( Hammer formed over 2 days). Stop placed below recent low and limit placed at 50% retracement of recent move for 1:6 R:R
RSI Divergence on USDNOK with reversal candle (Shooting star). Stop placed above recent high and limit placed at 50% retracement of recent move for 1:4.8 R:R
RSI Divergence on AUDCAD with reversal candle on Wednesday. Stop placed above recent high and limit placed at 50% retracement of recent move for 1:4.7 R:R. One slight drawback on this setup that isn't sitting right with me is the fact that the upper bollinger band is still rising.
RSI Divergence on EURUSD with reversal candles (piercing pattern) and Bollinger Band extrusion on Tuesday. Stop placed below recent low and limit placed at 50% retracement of recent move for 1:4 R:R
RSI Divergence on USDCHF with reversal candle (Dark Cloud Cover) and Bollinger Band extrusion on Tuesday. Stop placed above recent high and limit placed at 50% retracement of recent move for 1:5.5 R:R
RSI Divergence on AUDCAD with reversal candle and Bollinger Band extrusion on Thursday. Stop placed above recent high and limit placed at 50% retracement of recent move for 1:5.5 R:R
RSI Divergence on EURNZD with reversal candle and Bollinger Band extrusion on Friday. Stop placed below recent low and limit placed at 50% retracement of recent move for 1:5.6 R:R
RSI Divergence on EURAUD with reversal candle and Bollinger Band extrusion on Friday. Stop placed above recent low and limit placed at 50% retracement of recent move for 1:4 R:R
RSI Divergence on USDCHF with reversal candle and Bollinger Band extrusion on Wednesday. Stop placed above recent high and limit placed at 50% retracement of recent move for 1:4 R:R
RSI Divergence on USDCHF with reversal candle and Bollinger Band extrusion on Friday. Stop placed above recent high and limit placed at 50% retracement of recent move for 1:5.5 R:R.
