Rsidivergence
Trade Ideas Position: EURUSD CrabA type2 bearish crab setup on the 1-hourly chart. 1 thing I love about the type2 trade setup, it does give a very nice structure and reference on the 1st test and is an opportunity to see if there's an RSI Divergence setup.
On the daily chart (right), this trade setup is a retest of the double top , the support line of the double top that turn as resistance.
Great setup for trend traders, I wait for candle setup on the 1-hourly chart.
Trade Ideas Position: GBPUSD BatA bearish bat pattern has shown up in the same region of as the type2 bearish butterfly within sell zone and it is a trend trading setup. Sounds good?
In most cases it is, but for this, there is a warning sign of a bullish flag pattern. Because of this, I do need further confirmation before engaging in this trade.
Trade Ideas Position: GBPAUD CrabA bearish deep crab pattern type2 setup for a countertrend trade. This round, even better it returns with a double top setup with RSI Divergence. How good is that right?
I will need a further confirmation before I engage this trade. A setup like this will take months to complete.
CADJPY - Short #Forex #ForexTrading #ForexChartWaiting for an entry reason of my own but this could be setting up really nice for a short.
Momentum clearly slowing down with every push after the initial impulse leg.
waiting for a nice entry reason and i will be going short.
RSI divergence clearly at overbought territory
Any questions feel free to ask
GOLD RSI Divergence may end the bullish run XAU/USDClearly visible RSI divregence (purple trend lines) on Gold's daily chart. This may not be the right time to invest in Gold. Correction has 2 targets initially and these are 1486$ and 1454$ relatively.
Due to many people invested on Gold at 1200's and 1300's, once the downtrend will start, these people wouold close their positions and take their profits. As a result, the bearish trend would go steeper.
LENDBTC Retest done now pump is coming buy : 51 52
sell : 5 to 30 %
sl : 5%
only and only closing above 52 else invalidate