diagonal markup the 4hr and 1hr rsi and also the 4hr support zone has matched lets see where it will go
here the 1hr rsi the 4 hour resistance and the 4hr diagonal markup are aligned greatly showing a sign of bearish trend.
this is a mark up where i am going with the trend the 1hr and 4hr rsi are in the higher zone not over bought but in the higher zone this is great opportunity the febbonacci also goes witht this trade
the 1hr rsi the diagonal markup and the resistance zone marked up here are in match what do u guys thing, and also it started reversing downwords which is great indication
eventhough there is a probability of the chart going up its worth taking the risk because as you can see here the 4hr diagonal markup is perfectly aligned there is a good chance here
there is a little probability it might go up bbut from my analysis here id downt look like because it reached the zone
the 4hr and daily rsi are still on the over bought range and the resistance zone is a strong one here guys this is on its way down down.
these trade is the trade where 1hr rsi, resistance and the febbonacci meet
this is the reversal zone and the 4hr rsi is overbought so its time for this to fall
this is my mark up based on the resistance and febbonacci, whats your idea here
this method is basically by finding great resistance area and this one broke the support and now its using it as a resistance.
what i did here is i left the 15 min rsi because thats for a really short term trades like the type of trades that take 3 hrs to finish. So i decided to use the 30min 1hr and 4hr rsi to just know the over all trend and by marking up the resistance and support zones i came up with this. what are your thoughts guys.
so what i did here is i looked are the overall trend which is downwards and with the help of the fibs its telling us that it will go a bit higher to the 50-60% zone and then drop the take profit and stop loss i have put here is in the basis of one to 100% meaning its leverage trading. the rsi is not helping us here but the over all trend looks like this.what do...
here the yellow resistance came from marking up the 1 day chart to find strong resistance since we are going against the trend, at the same time the 30min 1hr 4hr and 1 day rsi is all in the over bought are there fore indicating there will either be a pullback or a strong fall. this one is interesting.
this short opportunity i have analyzed it by the febbonacci retracement and also the 15 and 30 min RSI which are a bit over bought, looks like that the price will be looking forward to go down.
I am entering in this trade because the febbonaci and the 1hr RSI are in great colab and also the 15min,30 min RSI are on their way down so there is a good chance for it to go down.
the febonnaci retracement and the resistance zone i marked up came out to be on a perfect line up, which is really great, and the 4hr RSI marked up great so at the point where it reaches the sell zone if we get the RSI confirmation it will be a greater sell opportunity but all in all this is what i predict will happen. Let me know if u have anything say about this
there is a probability that it will go a bit up but then due to the strong resistance and with the help of boilinger band which is indicating a downward moment its a great sell zone. what do you guys think sometimes the candles don't tough the resistance so that's why i m putting it earlier.