Litecoin didnt break its range on the 1 hour and 4 hour signal on RSI is still active. We can go long here with a high risk reward ratio.
Volatility is still low so this means we are looking for strong move here!
stochastic also had a nice reset so we can expect momentum to flip back up.
Main TP 148~150
My latest gold trades + current buy shown on chart.
If someone is interested in an explanation you can message me :)
currently 1 year of experience in trading and i want a porsche 911 or ford mustang rtr royal crimson color hihihi.
Tencent short opportunity:
Bearish consolidation+ bearish RSI setup.
Take trade now or wait for push to the upside, sell at suggested level and take profit at suggested areas.
Stop loss above latest high or higher.
Trade % probability based on experience: 65%
We have 3 points of contact at the resistance of the RSI channel, high probability of a breakout.
Today we need to close above to channel ( or any other day) but it is essential.
The rsi keeps resetting and is in a downtrend which creates multiple bullish divergences. This is is very bullish.
Take profit levels are shown on the chart.
Dax/Ger30 Long position based on rsi hitting 50 level multiple times.
On the 12 hour we have multiple contact points with the 50 level, so this is the zone of consolidation, on the lower time frames a downtrend was broken but we started consolidating soon after.
The daily chart has already broken and retested the 50 level on the rsi and that is a bullish...
Oil putting in an inverted head and shoulders pattern while signals agree.
-Rsi also an inverted head and shoulders pattern on the 4 hr .
- Historical volatility on the 4 dropping to low numbers, looking to expand which is good because we will see a break of the short term consolidation soon.
I have multiple orders looking for targets such as
TP 1: 42.4
TP 2: 43-...
I see a lot of people again are getting bearish on gold but i dont see a reason to be bearish yet. Gold yesterday tested the rsising channel support twice and failed to break below it.
The consolidation is breaking, testing and holding support which is not bearish at all. If it breaks the rising channel on a 4hour candle, i will look for a short. The consolidation...
In this idea im showing you why golds consoloidation according to my experience with signals has a higher chance of breaking to the upside, i will make a another idea where i will take a look at the 4 hour which is also important.
(As i am typing this gold is tryingt o push through some Resistance but i will talk about this in the other idea)
There are 2 signals:...
falling back to major monthly support, The monthly has a very strong support because it has been bottoming for years.
As seen in the chart i have a bluebox wich contains the strongest support areas. I do expect major bounces at least from here.
EUR/NZD looking bullish as it is showing signs of reversal
- Bullish divergence from the start of this uptrend.
- Nice possible daily engulfing candle as it will close in a few hours
- Daily stochastic is very low and has not been this low in a long time.
usdjpy looking to breakout of its range, wating for a 1 hour close above the ressistance which should be enough. historical volitality is also coming down on the 4 hour so we will see a move soon today or tomorrow likely.
Goodmorning, waking up to see gold is testing a breakout!
Here are the points to watch:
- Closing green today would confirm a lot, as the stochastic will break the overhead structure
- Historical volatility on the daily is very low
- Rsi has been flagging and is currently testing a breakout
- Silver is also breaking about of the broadening wedge i talked about...