BTCUSD: UPDATE ON THE NEW DIVERGE - 2 AMAZING TRADES IN HANDS Right after our last prediction was a little violated, we now have a very clear signal as to what can happen.
A divergence has formed. Somehow, I did not know what a Diverge looks like, I just felt like searching for it on Google and notice that we are actually facing one right now. That was weird.
Nevertheless, at the moment we are facing with a High following by a Higher High, while on the RSI indicator, the first High in the price chart was the Higher High in the RSI. This signal confirms a BEARISH DIVERGENCE.
Our targets has therefore been actualized.
First target: 6725.7
Second Target: 6485.6
STOP-LOSS: Anywhere around- 7343 - 7411.2
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John Wood
"Successful"-Trading!
2targets
NZDUSD: 2618 SETUP (H1)Hi there,
We have a very clean 2618 setup formed on the Kiwi. Price is currently 20 pips away from the trade entry point, 0.69150. I trade 2618 setups on the H1 timeframe aggressively and have already placed a pending sell limit at this level. Remember, only trade what is in your plan, and if you don't have one, please do yourself a favour and get one before losing any more money. The 2618 trade is explained by Jason Stapleton is a free video training, you can check that out if this strategy interests you.
Entry: 0.69150
Stop: 0.69760
Target 1: 0.68370
Target 2: 0.68020
Until next time.
Good trading,
Luke
EURJPY (H1): Selling OpportunityHi there,
There is a clear 2618 selling opportunity setting up here on EURJPY on the H1 timeframe. If you are not familiar with this strategy, the 2618 trade is a countertrend strategy. Jason Stapleton introduced me to this specific strategy in his free training. Only take trades that are in your PREDETERMINED plan. If you don't have a plan, please get one before losing any more of your money!
I trade the 2618 on the H4 and H1 timeframes on 8 currency pairs (AUDUSD, EURUSD, GBPUSD, NZDUSD, USDJPY, EURJPY, GBPAUD, and USDCAD). I take aggressive orders meaning that once the requirements of the trade are met, I place a pending buy or sell limit and let the trade play out. The only adjustments after that come if/when price reaches target 1, where I close half the position for profit and move the stop on the remaining position to breakeven, locking in a winning trade.
Entry: 127.600
Stop: 128.330
Target 1: 126.77
Target 2: 126.390
Good trading,
Luke