Sharp Close below the 13 EMA LOW. Showing Divergence on AWESOME Osc, taking profit at the GAP Just to be Safe.
Gold May close the gap tonight or tomorrow. Showing Divergence on both MACD and EFI showing signs for a move up. approx 1:3.5 risk to reward. waiting for close above the 13 EMA HIGH (BLUE) and a sharp one as well to continue with the trade
Momentum is slowing down.... if the daily can reach the previous days high.. there's a chance it can keep going to the trend. I'd take the profit there why you can and wait to see a breakout then trade it up.
Alot of the EUR currencies has great divergence trades that can potentially happen. I'd play it safe and wait for it to break the trend line before executing the trade.
Copper is currently in a correction, momentum is slowing dying, if on weekly can have close on high volume above trendline, can possibly go continue up.
Divergence on both EFI and Awesome Oscillator, wait for close over 13 EMA HIGH and SL below previous structure
Let it test S/R if shows reversal, will be going in sync with the downtrend in weekly.
UK100 couldn't break resistance and Daily is showing potential move up, daily also has very high volume which is needed to break the highs, If can break high keep going on with the trade until a valid divergence signal comes into play. I've placed a 10 contract order now and an additional 5 contracts at 7451. Stop Loss is at 7250 for both orders.
A good divergence trade, gold is now retracing, safe entry below at 4HR LOW although if creates good reversal signal around the 50% retracement I'd take the trade and place stop loss at around 1260.
Momentum is falling, could see a breakout downwards when crosses the 30HR most recent LOW. 2.5 Risk/Reward Ratio
Great continuation entry for US30, momentum is down for intraday
Currently above weekly high. retraced down to it, place order 1 Tick above the High and trade the continuation up to 3433. Risk/Reward 1:3
Gold is looking good for move up especially on daily. place another entry 1242.
Currently In the trade already, looking to pyramid entry at the recent LOW