ndrito

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Joined
Markets Allocation
50 % forex 50 % other
Top Mentioned Symbols
UKOIL 50% | 1 GBPUSD 50% | 1
ndrito ndrito GBPUSD, 240,
GBPUSD: GBP/USD - Bearish divergence and major resistance overhead
27 0 0
GBPUSD, 240
GBP/USD - Bearish divergence and major resistance overhead

Short term - Bearish bias on this currency pairing, and looking for counter trend selling opportunities in and around the 1.5500 to 1.5540 range, before bullish movement resumes. A close of a 4 hour candlestick above 1.5600 would invalidate this trade. Technical - Textbook confluence of noteworthy structural and technical indicators, and we should see downwards ...

ndrito ndrito UKOIL, 240, Short ,
UKOIL: UKOIL: Bearish divergence on RSI and minor resistance overhead
251 0 2
UKOIL, 240 Short
UKOIL: Bearish divergence on RSI and minor resistance overhead

Anticipating price action rejecting previous resistance at 67.00 given the bearish diversion visible on the RSI and MACD readings, as price squeezes into a rising wedge. If analysis is correct, we should see a break of trend line support, given the lower highs in RSI, and move down to 64.70 the next level of meaningful support. If target 1 (64.70) is met, the ...

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