Not seen anyone make this comparison...whats your opinion?
Inverse H&S - wait for breakout confirmation otherwise trade is invalid. MACD - Is crossing over bullish RSI - lower highs Also there is a double bottom on 1D chart.
Double top for bitcoin to take us down further if confirmed!
RSI overbought MACD and Stochastics losing momentum.
MACD has had a bullish crossover RSI nearing overbought as we continue to 1.24xx but as we can see from the circled areas on the RSI as soon as it goes over the overbought area it always has a sharp pullback. For now I'm long but once targets are reached I will be looking to short as the dollar may stregthen soon.
H&S formed, low volume, RSI produced a lower high and finally a bear flag! By the way, I'm self-learning so any tips would be great!! still in the learning process.
Hi all, This is no way any trading advice. I am an inexperinced student of trading forex so please any advice is highly appreciated. Thank you!
Long on USDJPY in an uptrend...Advice would be welcome and much appreciated and i am still leraning