Long EURUSD. 4 bottoms are observed with 2 false break (Spike candles) indicating strong upward momentum as price unable to penetrate support line.
- Triple bottom formation on H1 chart - 1st entry near support or 2nd entry when price breakout the down trendline - RSI indicated upward momentum is building
Short XAUUSD when price breakout from up trend support line RSI as leading indicator shows trendline breakout at up trend line and horizontal line in RSI Volume lower in the higher peak shows interest in up trend has diminished
Short EURUSD when price approaches the resistance line with tighter stop-loss. 2nd short EURUSD entry when price break the uptrend line, this is indicated by leading indicator, RSI which has broke the RSI trend line as highlighted in the chart.
Short entry when price approaches resistance line Stop-loss place at slight above the level of previous peak Higher volume seems unable to push the price higher With a false break at the previous peak, shows that downtrend is very likely RSI shows upward momentum is diminishing
- Waiting price to breakout up trend line - RSI show momentum is slowing down - Short when price breakout from uptrend line - MUST wait for price confirmation
Long XAUUSD when price break the down trend line RSI as leading indicator broke the down trend line in RSI
1st Long entry when price approaches the up trend line 2nd long entry when price breakout the neckline or when inverted H&S formation completed
Price action in H4 shows weakness on the uptrend of AUDCAD 1st short entry when price break the support line 2nd short entry when price breakout at the uptrend line
H&S formation completed and price has retrace and continue moving down If the price break the support at "Price Target 1" then it will move to "Price Target 2" which is the next support The price may rebound if not enough volume to break support at price target 1
Ascending triangle formation. Long EUR/JPY when price breakout at the resistance.
Long entry when EUR/GBP price breakout and horizontal line (resistance) RSI trend line breakout as a leading indicator that the price break is following Volume decrease as ascending triangle forming Please wait for price confirmation before entry 2nd long entry could be when price retrace to support (ex-resistance)
Long entry at rectangle upside breakout RSI as leading indicator indicating trend line breakout
Ascending triangle formation Buy at price breakout Expecting price to rise until around the same level of recent peak
RSI indicate strong upward momentum Key support line identified, entry at key support area with tighter stop-loss 2 price targets (refer chart)
H4 complex Head & Shoulder formation Short US 30 as price approaches resistance line Second entry when price breakout downside from the neckline
H1 Vol shrink as price increase, indicating trend weakness, short when price penetrating uptrend-line (confirmation) H4 spinning top candle stick formation, anticipating short-term reversal
Short as price approaches downtrend line. Volume shrink as price increase (refer blue line) which show less volume commitment to the price increase.