xlphs

xlphs

I want to share a little trick for validating breakout from a narrow range. If more people use this method then it can become even more effective ;-) 1. Price crosses below both lines of Chande Kroll Stop and the area between two lines of Chande Kroll Stop is shaded, indicating price is breaking out of a narrow range 2. Bull bear power histogram paints red below...

xlphs

It's made HH and HL, not a good idea to short now. Wiser to see it reject 200d ma.

xlphs

Look for 3 successful pullbacks into the channel and price will hit the middle line (VIDYA). In other words, one side gave up after 3 failed attempts. Works on any time frame.

xlphs

let's see if it holds 9300, if that breaks then look to 6500

xlphs

This is a weekly chart, cad has broken out of downtrend, last time this happened it went up 11% in 3 months. Short USD/CAD.

xlphs

Breakout to upside

xlphs

Silver back above 16 very soon. Act quick and long before short squeeze.

xlphs

Time about to come for some extended bear market. Chart is H4 but bearish also on daily and weekly.

xlphs

Bullish divergence, reversal to upside is in the making.

xlphs

Long WTI now for a swing to 69.5 level. Estimated hold time is 2 weeks.

xlphs

Notice increased volume at the low, EUR/JPY looks bottomed out and should be reversing to upside. Meanwhile EUR/USD also seems to be turning bullish.

xlphs

USDJPY might be starting a month long bear trend, DXY down Yen up.