TeamRehgal

TeamRehgal

Aussie making a bounce off the lows at 8650 to possibly complete gap closure to the 8800 area, 61.8% retrace.

TeamRehgal

Look for signal to buy around the 61.8% or point C for a few pips

TeamRehgal

NOTE: Small lot and limited risk with tight stop loss The 2nd leg completed at the 1618 of the 1st leg retrace. Barb wire dojis show a lot of indecision on the 4Hr. Strong Bearish divergence on the RSI. Sold at 103.80 where the 20ema has confluence on the 1Hr chart. Target at 103.19 at bottom of the channel & 38.2% retrace of the 2nd leg.

TeamRehgal

Double top formed and the pair retreated. Bearish Divergence on RSI (further to fall possible) 1H chart currently showing confluence with 20ema Sell entry 1 = 1.0860/70 strength Sell entry 2 = Break of low 1.0826 Target 1 = 1.080 Target 2 = 1.0763 Looking to buy around same area for move back up to 1.10786

TeamRehgal

Major Triple Tap Confirmed Followed by Picket Fence (multiple equal bars) The move ended with large bullish engulfing. RSI Bullish Divergence A break above Trendline A = Look to buy TP .8436 A break above Trendline B = TP2 .8564 Beware of a minor Triple Tap rejection on Trendline A If rejected, sell on signal bar and ride to new lows.

TeamRehgal

Waiting to Sell on signal bar Failed at resistance 1.3205 area Confluence with 20ema TP1 1.3151 TP2 1.3108

TeamRehgal

AUD/NZD NOT NZD/JPY Looking to sell on good signal. Head and Shoulder very possible. RSI overbought

TeamRehgal

Recommended sell into strength. RSI overbought

TeamRehgal

short term quick pip strats

TeamRehgal

Testing Pattern Accuracy and Plotting Technique