Macd-h
Why trading with indicators can lead you to bad tradesJust stumbled across this 15 minute DXY chart which reminded me of why I don't use indicators much.
EURAUD MACD divergence tradeWe see a divergence forming on the MACD of the 4h EURAUD graph. I expect to see a retracement down into the previous support level.
AUDCHF MACD divergence tradeA divergence has formed on the MACD in the AUDCHF pair, I expect to see a rally into the previous support level.
$tsla pullback swing tradehigher timeframe is in uptrend with a weakening trend strength which means to resort to the oscillators
intermediate timeframe is showing a strong uptrend with a flattening short term moving average- indecision/potential consolidation
price action is telling me that there is a resistance at the 341.6x area with the triple pinbars
MACD is declining and starting to show downward momentum alongside the rsi
looking to a swing trade to the downside for an quick option trade to first profit target at .618 extension on lowertime frame of 338.0x area
and next profit target level at 335.5x area which on the intermediate timeframe would show a nice shallow pullback in the countertrend
setting stop tight if trade goes in other direction quickly- at 342.8x area
Convergencekinda late to post, but my current trades look like that
(Watchout for reverse similiar pattern on EurJPY 4H)
EURNZD MACD divergence tradeA divergence has formed on the MACD together with stochastic oversold conditions. I expect to see a rally back into the previous support level.
AUDCAD MACD divergence tradeThere is a divergence forming on the MACD, together with stochastic oversold conditions. I expect to see a rally back into the previous resistance level.
LTC Daily in Prime BUY ZoneLTC is ripe for the picking this week. MACD and RSI ready to reverse
BTFD and set your profit targets.
Ethereum Huge Bullish Engulfing CandleLooking for consolidation from what appear to be another bottom. Huge spike up as Eth briefly touches another bottom. These bottoms look to be very profitable and a retrace like this is healthy to form a base for a new breakout.
AUDNZD MACD divergence tradeDivergence has formed on the MACD together with stochastic oversold conditions. This makes me this we will see a rally into the previous support levels.
NZDUSD MACD divergence tradeDivergence has formed on the MACD together with stochastic overbought conditions. I expect a pullback into previous resistance levels.
EURCAD MACD divergence tradeDouble divergence together with stochastic overbought conditions signals we will see a return back into previous resistance.
NZDJPY MACD divergence tradeDivergence has formed on the MACD together with stochastic oversold conditions. I expect a rally into previous support levels.
EURCHF MACD divergence shortWe can see MACD divergence forming on the EURCHF chart, together with stochastic overbought conditions. I expect a retracement back into previous resistance.
EURAUD MACD divergence shortDouble divergence has formed on the MACD together with stochastic overbought conditions. This is a signal that the price is ready to reverse back into previous resistance.
AUDCHF MACD divergence tradeDivergence in the MACD together with stochastic oversold conditions is telling us that AUDCHF is ready to change direction.
EURNZD MACD divergence shortI see divergence formed on the MACD together with stochastic overbought condition. I anticipate a return to the previous support level.
USDTRY Div Bulllooking for an entry - still no sign of bull reversal but it is a div
current rough fib levels
.382 - 3.69127
.618 - 3.79736
.786 - 3.87289
enjoy
