RSI Divergence TradeTrading on a RSI divergence as per the chart.
Looking for a switch over or signs of reversal before coming out of trade before 4RR
Dcfx
EURJPY [SHORT] Channel TradeStraightforward trade waiting for rejection on the price action of the previous support.
EURGBP [LONG] Stoch/MACD DivergenceLooking for this to bounce in the blue box then swing up to previous highs.
EURJPY [SHORT] Channel Trading the YenPossibly looking at a sell order here if the price moves into the top of the channel, a rejection of that line will see a retracement.
EURUSD [SHORT] Stochastic Trades4 Indicators showing divergence here.
Looking to see this fall all the way down over the coming weeks.
GBPJPY [LONG] Double Bottom ClimbLooking at the chart the 150.000 level has been strong for quite some time, anytime it has dipped below it usually recovers high quite well, looking to see this climb up for a 21RR trade in the coming days.
Waiting for a rejection on the white line before entry.
XAUUSD [SHORT] Gold channel tradingShould see this dive down into the existing lows.
My opinion of the gold.
EURGBP [LONG] Institutional TradingLooking at the chart, we have seen within the blue box 4 touches of this level. This is filling the retail traders with confidence that a breakout below which is what's just occurred will continue that trend.
Nice long candle this morning clearing the liquidity on buys and now that people are putting on sells they will push the price back up to clear those stops for further liquidity then onto reaching equal highs.
The pink box I've drawn indicates the money they will need to get back at some point so could see this as a long term trade up to that point.
TP#1 is the first green line
TP#2 is the second
EURUSD [LONG] H&S DailyDaily H&S forming on EURUSD; above 50 on RSI
Hope to see this move to equal highs
EURUSD [LONG] Channel TradesShould see this move up the channel on Monday. Hoping to see it take 1.25
EURJPY [LONG] Breakout & MACD IndicatorMACD has shown us a bullish signal with the breakout of the falling wedge this will look to take R1.
NZDCAD [SHORT] Double Top, Make it DropDouble Top forming on the 2h chart, lets see if this drops low, its also oversold etc which will help push it down.
NZDCAD [SHORT] Triangle TradeMarket moving slowly, looking for a close below the orange line, stop loss at the red and take profit on green, it may retest the triangle after breakout.
