CURRENCYCOM:US30 start scaling in for sure short 1/5 size whole position with risk management cushion to scale in more, optimising overall basket. look for 4H timeframe to add later, after 4H timeframe reaches 30 on RSI once and hits first RSI resistance or Ichimoku cloud resistance.
best pair to enter USDJPY short weekly trendline TOUCH and RSI very near 70 short @ market 109.12 TP to be announced
Trendline break and re-test. Now firm supporting heading into election. Keep wide stop loss and smaller position size for next 48 hours while election results pour in. SL -- 1.3200 TP1 -- 1.3350 TP2 -- 1.3450
TVC:NDX All three confirmations for price to correct below neckline of "incined" Head and Shoulders -- Growing concern over fresh lockdowns hit travel sector hard while banks and oil price also suffer RSI nearing overbought 65 to 70 -- also on Right Shoulder The riots and unprecedented uncertainty concerning many national elections from NZ to USA...
in the recent past, when we see a Ichimoku Cloud break in the VIX ( Volatility S&P 500 Index ) we see a strong acceleration upwards. The most recent example of this was on 13 Feb 2020 Inversely proportional to the VIX , the S&P 500 Index had a significant breakdown, represented on 21 Feb 2020 Since COVID19 outbreak, governments around the world have been...
Risk off thru most of October, as long as we don't get back above the multi-month trendline, we should break down thru Ichimoku Cloud and hit oversold RSI of 30 over next 5 trading days. SL -- 0.6635 TP1 -- 0.6420 TP2 -- 0.6250