Horsto88

Horsto88

I've been having a look at the EUR GBP 30M chart. Seems like there might be a move down coming soon. Reasons for this idea: - upper trendline retested several times - in the current area there is the FIb 1.618 of the past down move - RSI overbought - Divergence on the RSI - Price broke through the upper BB = overbought Target could be the Fib 0,382 which lines...

Horsto88

seems like the Trendline is holding. Additional reasons to short might be: - bearish divergence - upper BB touched - Fib 0.618 in this area

Horsto88

thinking of going either long or short on GBP/JPY in the next couple of hours depending on which side it's going to break the structure. Target could be the resistance areas (highlighted in red)

Horsto88

The idea is that there might be a move downward. Reasons for this assumptions is, that there might be a bounce off the Fib 1.414 + BB. In addition the RSI + MACD show bearish divergence and the MACD-crossing also indicates a sell opportunity. Since I am really new to Elliott-Waves but wanted to give them a try, I also drew them in the chart. Any Ideas regarding...

Horsto88

Idea is simply based on the bounce-off the trendline, which has been retested various times. Target is the upper trendline close to the Fib 1.272 unfortunately late entry...

Horsto88

short term long idea: - Bounce in the resistant zone, where the S2-Pivot is also located. - RSI oversold on the M15-Chart

Horsto88

Hi, this is my first published idea, mainly in order to figure out how tradingview works. So not much effort put in the analysis, which might therefore be totally nonsense... idea short explained: - Bounce off trendline / intial break out didn't work - MACD = sell - Divergence in MACD and RSI