AUDUSD is under a custom baseline and has now crossed a lower high on the MACD which usually signals a strong trend on the MACD. Backtesting this shows 200 pip gains on these swings with a 100 pip stop sufficient. Good 2/1 risk trade
Look into the performance of similar pull backs over the last 3 years on fib based bollinger bands and you will see that each time it has reversed from this point it has brought back excellent gains. On set 5/1 R/R as stop should be moved up until an eventual pullback
Looks like BTC is ready to break out of a short down trend on chart and RSI
As you can see the last 2/3 crosses have brought 11%+ can it do it again?
Is ETH shaping up for another upward move after flattening in recent times. Last cross gave 14%
Silver should see more upside over the next few days, the last time it pulled back and the MACD went negative it got a 6% move upward.
The last two times the MACD retraced above the 200 EMA and crossed over it brought crazy gains. It could be an excellent set up for a long swing trade.
Hey folks, As you can see, the last two scenarios where the MACD crossed bearish while retracing above the 200 ema there was a nice move. I use a dinapoli indicator for my confirmation to enter. I think BTC will go much higher and am holding instead of trading but you can see that the trend should be up.
We are moving into bearish territory.
Divergences on line break with this time frame can easily capture 50 pips.
Break out of a channel. Will certainly close above so look to add long term longs
As you can see S1 has been touched and rejected a break. This is a very low price considering oil has remained above this price for quite a while now. Aiming to take profit at R1
Looking for a pullback here after a strong bull run. Looks like S&P500 and DXY are having green days which should help the pullback. Hoping to take 2:1 and will move stoploss to breakeven if price moves 10 dollars down
Looking for a pullback on EURUSD with two big divergences on the RSI.
Opinions on what looks like a potential upcoming reversal?
ACB looked to have turned around but after a quick pump it went back to being bearish. The last crossover took a dollar off the price, how much lower can it go?