Last week we missed the EURGBP sell as it was too early. This week we are seeing a reversal pattern on H4 and a smaller pattern to sell. 1) There is H4 Divergence present 2) Last week's high is there 3) The pattern looks good for a sell
M15, M30, H1 and H4 are overbought There is a previous days high and a long consolidation There are multiple tops on this trade and there is a lot of divergence Pattern on H4 which normally means this trade should fall.
M15, M30, and H1 are overbought, and there is a pattern for M15 to sell. This trade is with the H4 and Daily trend so it should go all the way to the bottom. There are many signs to sell this trade, and there is very good resistance at this level, stop loss above 100 should be good.
EURGBP is currently ranging but there are a number of patterns on H1, M30 and M15 to sell this pair. There is a M15 double top with Divergence now. Stop loss is just 30 pips and target is 60 pips.
There are a number of reasons we are taking a short position on AUDNZD 1) The daily trend is still down. 2) H4 is completely overbought at RSI 78 3) Big divergence on H1 seen on the chart 4) Crab pattern present 5) Strong resistance between 1.08 - 1.0830 We expect 170 pip move to the bottom with a risk of 40 pips.
M15 and M30 are overbought with multiple tops and divergence and there is a M15 pattern, this trade is with the trend so it should be able to fall to the bottom where it will get supported.
We have been bearish on S&P since April 2022. The bearish outlook is even more evident now with a HUGE DOUBLE TOP in the 3 months chart. This is the first time we have analyzed this pair in the 3 month chart and the divergence is obvious. What does this mean for the S&P? 1) It is very unlikely it can move above 4600 to 4800 in the near future 2) There is...
This trade is with the trend, and there is a pattern on M15 and M30, there is a double top on M15 and M30 with divergence, this trade has a tight stop loss but a very high target that is expected to reach.
This trade has a pattern on M15 and is with the trend, there is a lot of resistance for this short and the stop loss should be above 60.5. There are multiple tops on M15 and M30 with divergence.
There is a pattern on the NAS100 appearing right now. The pair has had a strong move up but it is time for it to move down and to correct. 1) There is a nice pattern now 2) There is H1 divergence 3) There is a lot of resistance at 15140 to 15200
This trade has multiple patterns on M15, and it is with the trend. All timeframes are overbought and have divergence, this trade should be able to fall to the bottom and maybe even more as it is hitting the H4 moving average and has the strength to fall especially with the news regarding Isreal as of now.
The trend on FTSE has been down and there is a chance to sell this further. There is a harmonic pattern and the H4 and D1 are pointing downwards. The only worry is the H4 reversal at the bottom.
AUDCAD is down on a daily chart. It has strong resistance at 0.8740 to 0.8770. There is H1 divergence. Found a small pattern to sell on M5. Stop above the resistance. Target is to 0.8625
We have been bearish on the market for a while and have seen a massive reversal on S&P to the downside. Despite what people may say, we will continue to sell the market instead of buying. We can now sell S&P for the following reasons. 1) Strong resistance at 4270 - 4280 2) Nice M15 Pattern. 3) We have the H4 MA and Daily MA pointing lower. Target is 4180
M15 and M30 are oversold with divergence, there is a pattern on M15 and M30, There is very good support for this buy, as this is with the trend so it should go up to $270.
AUDNZD is current in 1) A daily downtrend 2) A H4 downtrend 3) Hitting a strong resistance 1.0710 to 1.0732 4) A crab pattern to sell We will take this trade with the hope it will hit the bottom again. Risk to reward is 1:2
The market is STILL BEARISH but, 1) HK50 is now fully oversold. 2) There is a harmonic pattern 3) There is H1 RSI divergence Tight stop loss. We need to ensure to exit quickly as the market is still down.
- This trade is with the daily and H4 trend - There is a pattern on M15 and M30 - There is a lot of divergence - This is a fast-moving pair so there is high stop loss but it should fall to the bottom (500)