Doji
Its A head and Shoulder if you graph the chart on a Daily BasisThe chart draw a head and shoulder pattern after inverted Head and Shoulder last February to April. Waiting for good News on GBP tomorrow. Since this is overbought, it needs to be breath around -15% to -50% (a nice entry for uptrend). beware of FED Announcement because this are main things that GBP become bearish. BREXIT is a bullish trend for this. Happy Trading.
Notes: Sell on Good News and Buy on Negative news
Buy on Rumors.
If undecided. set your position every 4 hours.
As a Derivative representative, I can't guarantee on your possible losses/gains in position.
USDZAR - 1D - Basic structure trade folling recent directionUSDZAR as been correcting this year and is potentially goin down to the upward weekly trendline. Im now looking for a basic structure trade inside the 4H trend that developed due to the correction. Pinbar and doji showing rejection inside the the expected area and risk reward is pretty nice.
Sniper Trade Before Non Farm news releaseThis bearish gartley pattern talks by himself .The Rsi is overbought and have a divergence condition,the strong bearish trend and the doji candle in D chart is enough to get involve in this particular trade but leave just before the nonfarm news release just in case .
Doji (star) in 21 exponencial moving average AUD USDThis pair is in a good and long trend in D1 time. But, in Monthly it is making a doji while touch the 21 mme. In the Weekly time the pair is kind of losing forces and it is a little far from average. Besides the trend of D1 graph, i want to sell. A made some lines and figures trying to show this "reversion" in the D1 (but according to the long term Monthly graph).
If the prices in Monthly graph go upper the average, then the trend is lost in monthly and the sell is lost too. But i trust the Monthly trend. LOL
EURUSD Doji signals sellThe 12 hour chart and daily chart show clear reversal signs, long wicks at the top where further movement up was denied. If former price action is any indication, price is likely to move to former resistance levels around 1.122
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Thanks for reading and good luck trading next week :)