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.
Trade idea waiting for bull flag pattern. Stops will be 1atr at the created low of the flag
EURJPY is on a tight squeze . Using the squeeze momentum it show there might be a stron move coming. This pir hhas been consolidating for quite ometime now.
Daily bias Over all trend is bearish. If you look at the chart this pair has been making lower highs and lower low. The Daily candle close is bearish with a big tail. Adding the Bollinger Band u can see that it has shown a Bollinger band spike signalling a possible return to the mean. Some more markups on daily chart 4h- price...
My bias is sell but here are some possible scenarios on gold in the coming days. Let me know your thoughts
Hello traders GBPNZD could be in for a possible retest of the previous support turned resistance scenarios could be 1 a test of the resistance for a continuation sell 2 a break of the resistance could possibly be a deep or dirty retest to 2.06215 which was the previous support that led to the fall 3 if price rejects that area watch for a bearish candle for...
rejection on weekly pivot. liquidity likely be taken below.
Seeing divergence and consolidation on 4h. daily is showing indecision as well. What do u guys think