Price is near an important support, and Oscillator is in oversold. We think the price will go up in a few bars.
Oscillator is on overbought and price is ending in the trinagle red line (SUPPORT) and yellow upper line (RESISTENCE). If the price breaks the red resistence we have a sell signal. Prcie should touch 1.43. We think it will bounce up and the lower yellow line will work as support.
Price is again in oversold. We expect a bounce. As the price breaks the green resistence we have the buy signal. Target around @48.0 - @49.0
Oscillaotr and price are moving down. We wait until the oscillator arrives in the green area. When oscillator is back in oversold we wait the entry singal. If price breaks up the green/black resistence we have the confirm signal. Than LONG!!
This little uptrend is over. Price is out overbought area. Price broke down yellow channel support. Good short signal!! SELL
We are in overbought, the resistence seems working.... As the proce breaks down the support we have a short signal.
There is not much space left to have a good profit on a short position. But price should move around @40.00 As always we wait for the signal confirmation.
Oscillator shows us we are close to the buy zone. As the price breaks the channel it's time to buy.
We are out oversold area, and price broke up the green resistence. Time to go long!!
We are moving from OB to OS, the price broke down. See where to take profit!!
We are approacching a reverse. Price is in oversold, so as the price breaks the channel it's buy time! The oscillator adverts us if we are in Overbought or Oversold, so we have to wait for a good signal entry. A good signal entry to buy is when the price breaks the channel, green spots. Vice versa for red spots, Check the related ideas for more details.
An inversion is about to come. As the oscillator gets out from the buy zone and the price breaks the cannel LONG. In the related ideas more details about the ellipses.
Last chance to get a valid entry short signal.
Oscillator reminds us we are close to sell. Let's wait for confirm.
AND SHORT WE DO. TARI OSCILLATOR, IS MOVING DOWN FROM OVERBOUGHT
In sell zone wait to sell until the price crosses the green line. In buy zone wait to buy untill the price crosses the yellow channel.
We just crossed 0.618 Fib, so we should arrive at 0.233 Fib. We had the confirm to go long!!