Hello, With the news of the consumer confidence coming out this morning. there is a possible Cypher set up. The Ratios are good and we still have to respect the down trend that the market is still in on the 1H. The Red dotted line is the Daily Chart low, and above is the high. RSI is up in the over sold area. Look for Divergence of RSI. Be careful of possible ...
Hello, Here is a Cypher setup. All ratios met. We are also still with trend to go up. As "C" Point closed above previous structure. RSI Might create a Divergence at Entry. This still has time so put it on your radar. Check me out at Northern Forex Trader on Facebook or the link below. https://www.youtube.com/channel/UCjTrcaVT-1gsnGd2pBEtpdw Thank you.
Hello, We have a good set up here with a Cypher. Ratios are good. Getting to the oversold area of the RSI. And still room to move up on the Daily RSI. The Daily chart shows consolidation area, But lower time frame is in a up trend. So I will take a buying position. https://www.youtube.com/channel/UCjTrcaVT-1gsnGd2pBEtpdw. Good luck.
Hello, There are multiple possible setups that could happen this coming week. 1h Chart has a BAT setting up. Or a Gartley. And if you drop down to a 15 Min. There is also a double bottom in there to play off of. Check out the video link for the Different scenarios. https://youtu.be/Jp7twvag1qE Good Luck.
Hello, We have a possible Cypher setting up. Right now the trend is up on the 1H. And I am looking to reach the purple area. This area is a Daily structure area. The ratios of the Cypher are good. RSI might reach over sold area at entry. Also entry is just above the daily fib line of 0.382. https://www.youtube.com/channel/UCjTrcaVT-1gsnGd2pBEtpdw Good Luck.