laughingchartist

laughingchartist Updated 

SHORT with high conviction (- - -) Entry: At market SL: 1.2915 TP: 1.265 Indicators shows room for further downside along with a good risk reward! Follow the arrow. Have a great week everyone.

laughingchartist Updated 

Price expected to move sideways for the next 1 to 3 weeks. Stay neutral between 1236.50/1238.00 and 1183.15. Only surpassing above resistance at 1236.50/1238.00 will we see a further rise on price. Else, a break below support at 1183.15/1180 will we see further drop on price. RSI shows little upside potential coming close to descending trendline resistance....

laughingchartist Updated 

Long with low conviction (+) Buy on dips above 1.119 Stop Loss: 1.110 Take Profit: 1.157 Weekly Market is testing descending wedge pattern support with 1.119/1.120 as a key support level. 21RSI is holding above 33.5% support level where price has been shown to react/bounce before (as indicated by arrows), however still below the 50% level. 1.119/1.120 key...

laughingchartist

Long with good conviction (++) Buy on dips above 3020 Stop Loss: 2960 Take Profit: 3350 Weekly Price reacted above 2960. RSI also reacted above support where in the past price has bounced before. RSI also surpassed descending channel resistance. Daily Price and RSI shows a weak bullish divergence RSI also testing 50% level. 2960.00 is the key support level...