The Daily Price action have now moved above the 200 daily SMA. Contrary to my previous view I think the Trend has now Bent and my previous short setup has now been stopped out. Looking to long this pair now on the 4hour time frame on a double bottom and a neckline break and retest. Lets see how it works..
Daily price action still below 200 daily sma and until it bends i remain a bear. A bit of caution though weekly still bullish so trade at your own risk. This is a short break and retest from daily head and shoulder. Let me know your thoughs
Staying away from gold on the start of the year. Daily chart is showing persistent consolidation. waiting for a breakout on this boring chart
I think the price is over extended with strong evidence of Divergence on the daily chart. I have also overlayed one period higher RSI on each panel 4hr (with daily RSI) and Daily (with weekly RSI) to visualize how the rsi line is related to the 100sma bollinger bands. On the weekly you could notice that the RSI line is below the lower band and might see a...
Crude oil at a daily area of value that has been tested and rejected several times. There could be a potential short opportunity that we can look at on the lower time frame 4h. Also when we look at the Daily RSI the RSI line is at the upper band and could potentially react to it. I will be looking to short this on the 4hour or One hour tf
On the daily chart there is a noticeable divergence and the formation of bearish pressure as it approach the nearest support. It might continue testing this support until it decides if it will break or bounce back up to create a new highs. Afterall the overall trend is still bullish Indicatora 1. 200 sma bollinger band - price action still playing above the...
Basing of the Daily Head and Shoulder pattern I'm predicting a break and retest trade with a bearish flag formation on the lower time frame. Very simple trade setup lets see if it will work out.
Daily Chart seems over extended using 200sma Bollinger Band and RSI reacting at 25 oversold level although this could still push lower. If my predictions is right that the price could pull back to at least close to mean there could be an opportunity for a trade 1hour execution timeframe I waited a pullback to a 61.8 fib from the range also at the rsi 100sma...
I have been noticing the price exhaustion of Bitcoin on the Daily price graph. If you notice the momentum to the highs are very limited compared to its recent momentum. And notice the big divergence on the RSI. On its previous correction it took only two big down candles for correction as compared to to its previous pullbacks. I have ha feeling prices needs to...
GBPUSD price attempting to break the weekly bearish flag possibly attempting to test previous weekly structure lows Daily chart shows a possible divergence creating a thesis that a possible pullback is imminent that could test previous support turned resistance for possible bearish continuation set up note: The indicator you are seeing in the chart are...
US30 BUY TDI 4H SHARKS FIN SIGNAL BELOW OVERSOLD 1H RSI LINE CROSSED MARKET BASE LINE
TDI sharks fin entry one week / 1hour sharks fin buy entry
looking to buy on retest on 1h tf on this index. the 4h rsi showed a bounce from its 100 sma and a strong move to the upside in price. going to the stf 1h im waiting for a retest for a buy.
Gold closed significantly higher yesterday pointing to a possible bullish continuation today. I am looking for a correction on lower timeframe for continuation to the upside.
Here are some trend trading ideas 1H tade idea BUY AUDUSD BUY EURUSD BUY NZDUSD SELL USDCAD BUY AUDNZD BUY AUDJPY BUY CADJPY SELLL EURNZD
This is the chart of crude oil. I sometimes use Bollinger Bands to spot potential reversals. Break of its 20sma could signal a new trend forming. I also use support and resistance for levels in this case a break and possible retest.
Im staying long throughout the holidays with the interest rate outlook ahead i think gold has room to move up more
We are waiting for a pullback for a bullish continuation.