H1, H4 and daily are overbought, There is a big pattern in H4 There are multiple double tops with divergence This is against the trend but there is a previous days high.
The GBPCHF had a strong rally and the month of May ended. Traders will be looking at the current level as resistance. There is a nice pattern that has formed at the same level. Massive H1 divergence and H4 RSI is 81. We will short with a 40 pip SL.
EURGBP has been consolidating for 3 weeks. It has really strong support at 0.8560 to 0.8570. There is a pattern to go long at the current price. With the strong consolidation, we can expect a big move upwards. The stop loss is very tight - just 30 pips below the strong support. This is counter trend and looking for a reversal.
There are many reasons to like this trade. 1) AUDJPY is overbought on H4. It showed a strong reaction at 92.25 and dropped. 2) It has made a double top on H4 with divergence. 3) There is a big pattern to sell. 4) There is a M15 sell pattern as well. The move at a minimum should be aiming for 91.40 and then hopefully lower. Good luck!
The previous week we sold NZDJPY and earned almost 200 pips. There is a similar setup here today. 1) H4 has been overbought once and it has gone overbought again. 2) There is really good H1 divergence (10 points) 3) We are the weekly high 4) There is a H1 sell pattern 5) There is a M15 sell pattern. Hoping for at least 100 pips on this.
NZDJPY has put a double top on H4. There is divergence on this pair. Now we can see a small M15 pattern to sell against the high of 85.85. Stop loss is about 40 pips with a big reward downwards.
CADCHF is in a downtrend. However last week we saw a big move up which is about to end. The pair has a big H&S in 1 hour chart. There is divergence on the RSI. We can expect a big fall once the trend line is broken.
M15,M30 and H1 are Overbought There are multiple type 2 patterns a lot of resistance H4 double top
M15,M30 and H1 are Overbought There is a pattern on M15 This is with the H4 trend There is a lot of resistance at this level.
Easiest money you will ever make. This is a trade that I am sure will go down and will make you a lot of money. The risk to reward is solid and hopefully will go down a lot on Monday morning. Reasons why you should take this trade: There are multiple patterns in M15, M13 and H4 This is against the trend but there is H4 divergence and there is a lot of...
TSLA has been on the rise from the beginning of the year with a wave of optimism. It bottomed out at 104 and has risen to 218. If you were fortunate enough to get it at that price, perhaps it is time to think about closing your long as the market looks like it will come down again. 1) The Daily RSI is overbought 2) The H4 RSI is overbought 3) There is a lot of H4...
The AAPL stock has been moving up really nicely from 125 since the beginning of this year. Unfortunately it has come to a point where the market is telling us it has no energy to move up further. Here is why the stock is set to go down. 1) There is strong resistance at 155.10 to 157.80 2) There is a triple top in H4 with divergence 3) RSI is overbought on H4...
First of all, a very happy new year to all the followers. Hope the pips will be with you in 2023 just like it has been with us in 2022. We ended 8 months with a neat profit of 26.3% despite the market being in turmoil. The main reason for this is because we follow the trend and trade accordingly with tight stop losses. We took a break from posting in the last one...
This pair is in a downtrend and is showing the following: 1) M30 Overbought 2) M15 OB 3) Divergence There is no harmonic pattern but looks like it will drop by 70 pips.
Hello everyone, It has been a while since we had a proper post and we hope to return back to normal moving ahead. The past 6 weeks has seen a massive weakening in the USD which means stocks has strengthened a lot. This is to be expected as markets swings in both directions. We see all the USD pairs are completely overbought. (AUDUSD, NZDUSD, GBPUSD and USDCHF...
M15, M30, H1 and H4 are overbought Waiting for a double top on M15 with divergence There are multiple patterns on H1 and H4 This is against the trend
M15, M30, and H1 are oversold There are double bottoms with divergence This trade is with the trend There is no pattern 50 pip stop loss
The AUDNZD pair has been trending downwards but it seems to have hit a good support to go up again. Daily: There are a number of harmonic patterns coming in. Daily RSI is oversold. H4: There is a low of last week at 1.1045 and RSI is oversold and showing divergence. M15: There is a M15 RSI divergence. This is a countertrend with 50 pip SL to gain about 180 in...