This could have been posted 2-3 hr ago but trading comes first. There are still pips available, but more importantly the turn signals were so clear that the value is in the tutorial. The first warning that uptrend was waning came with strong CCI divergence from price Second, there was an abc down which corrected back up to retest the high (following divergence) ...
Aggressive but cautious short from TLB on 13CCI on H2 chart. Exit either SL top of red candle to left, or when CCI crosses back up thru the dotted green down trendline
USDCAD may rise much farther. Looking for entry near 38.2% fib retracement of last upmove from 5.24.19, which would be ~1.3474 TP1 1.35 TP2 ~~1.375 or CCI crossing down through Up-trendline
The apex of triangle on CCI is below zero, favoring down. The move continues down from the previous CCI short signals. Because there is now a CCI divergence, two new things may be on the horizon. 1) at some time, the price is likely to be revisited where it was when the CCI low prior to the divergence occurred. 2) normally a CCI divergence occurs before trend...
If a chart suggests that a change of direction may occur soon, it helps to be ready early. The apex of triangle drawn on CCI is above zero on 240 min chart, which favors Up. There is an actual Long signal on CCI H2 chart from a break of CCI up through a green downtrendline, and is above -100 on CCI. L 14.709 SL 14.33 or sar, Short when CCI crosses down through...
Price pattern suggests more upside. However, the CCI curvature and TLB allow a test entry with very small risk, so I take those with an SAR stop Entry 1285.6 SAR TLB if CCI crosses up thru down trendline or SL 1.1287.3
The EURAUD retraced 38.2% of last move down and CCI has a 2 bar flat, a reliable short signal. But the apex of the CCI triangle is slightly above 0, slightly favoring upside. we could see a retest of swing high before downside gets serious. Conservative traders would wait. Aggressive traders might have to enter again later or take SL 1.586- 1.626. Watch the...
H4 CCI crossed up through down-trendline and signaled Long as soon as it was inside -100. A second opportunity is likely following likely retracement to 38.2% of move up from 12:45 on 5.22.19 Entry ~ 1.34068 SL ~ 1.3395 TP1 ~ 1.344 TP2 When CCI crosses down thru an up-trendline
240 min CCI dropped down thru Up Trendline, a signal for Short w CCI inside 100's. SAR signal will be a CCI break up thru a Down TL Entry 1.12370 to 1.2335 although if using price patterns alone this entry is 6 hr late SL 1.12450 to 1.12345 T1 1.12180 T2 1.1202 T3 1.116
CCI has crossed an uptrendline, signalling readiness to drop, which looks good after zigzag upmove. One could enter aggressively now 1.862 with a small stop 1.867. However, waiting for a divergence on CCI and waiting for CCI to fall inside the 100's would not sacrifice much profit, though a larger stop may be needed then. T1 1.85 T2 1.82 open below
Short 1.3348 SL 1.3405 CCI Triangle Apex is < zero SAR when CCI crosses back up thru downtrendline
EURUSD has tagged 38.2% retracement to 4/18/19 swing high. This offers a low-risk shorting potential because the SL can be very small because if price goes above 38.2%, immediately this possible re-entrance into downtrend is negated. It would then be likely to see CCI break up thru a downtrendline for a Long signal. That could also be used for the SL for this...
The price move in these situations is not convincing for a downmove , even if CCI crosses an uptrendline, until CCI gets below +100. This was described on previous chart. I pushed the short entry because I was sleepy, and stopped out. Actually I'm happy that happened, to show you why I need to wait for CCI to get inside +100 before I short. I'll be ready to...
The CCI trendline break shown signals short on USDJPY but experience has shown in similar cases, that price will not be ready to drop unless CCI drops below +100. So I'll short then
XAUUSD Daily triggered short today as CCI crossed down thru an uptrendline on CCI. SAR signal would be a CCI cross back up thru a downtrendline on CCI
Short currently at +174 p with SAR signal for CCI tlb shown. I don't know how to update a chart for CCI in orig. post, so had to post again
CCI cross down thru up-tl is a short signal. SAR to Long when CCI crosses back up thru a down tl
CCI cross down thru up-trendline here is a short signal. stop and reverse when CCI crosses up thru a down tl.