Touch the upper trendline and it break the daily uptrend channel. is time to sell now. Grab the opportunity and hope everyone able to earn from this trade. SL : 148.123 Profit : 143. 474 Reward Risk ratio : 2
Buy / entry when rsi above 30 level. Price at strong support now, and near the bottom line of the trend line. Strongly suggest sell.
Downtrend now, no symptom trend will change. RSI is over-sought, what will happen next? I believe will go up a while then go down again. as daily chart also over-sought. yeah. entry buy when rsi above 30 level.
Focus on Sell position Trend line breakout, however estimate price will retrace first due to RSI oversold then only go down. Wait and focus on sell.
Enter Buy Position Reason : near to trend line (daily) and resistance level. Trade Active : 149.961 SL : 148 Profit : 153 Close if MA cross over.
Decision : Short Why : 1) RSI oversold 2) Near to trend line and resistance level Enter condition : EMA crossover Exit condition : EMA crossover again or profit meet. Trade cancel : Price higher than stop loss.
Long position placed according to chart. Bullish gartley noticed and it at important resistance level now.
Simple idea, trade after retract. you all can/already short at 38.2% and target will be 1.618%. However I still waiting 1hr EMA 6 & 12 crossover then only short it. This is my strategy, you can ignore my entry if you think it's too late. no wrong or right here. Thanks, this analysis is for my self reference.
ABCD harmonic pattern formed. Now waiting for 1 hourly EMA 6 & EMA 12 cross over. once it crossover, then will enter according to setup at graph. Thanks.
Main trend = Downtrend I believe now will have some consolidation before the price reach 61.8% level. Will enter the market according to the setup when it touch 61.8% Besides, important news will release 28 & 29th July, please be careful.
Price 2181.1 is a critical resistance level. Go short when significant candlestick occur. Target = 2137.2 (fibo 0.618 level) S/L = 2185