The momentum at inverse appears waning and an ultimate return to over .80 appears viable after potential weekly stops at .75 and .77 Supporting a short squeeze, reportable traders data places market in net short state.
Fundamentally: Stagnation in the US. Weakness in the Eurozone. Recession in China. Natural disaster in Japan. Buy some Pounds. Technically there is daily bullish momentum divergence. Commitment of traders shows weekly long side accumulation. Want to make this chart yours? My indicators are available at www.tradingview.com More information about my indicators:...
A confident return into support at .71. would make the entry invalid. I would expect more price suppression and a tighter range in the consolidation if it was intended to reverse long term. We could see an ascending pattern form and then a run to lower prices seems likely. The Pound has been accumulated on a weekly level and the Euro looks to be under a pattern...
Update: Gotta laugh about calling the top with my own bull chart. Testament to the Divergence Alert Indicator. Another leg up would have been welcome. Looking at pivots as targets for support and resistance. Want to make this chart yours? My indicators are available at www.tradingview.com More information about my indicators: www.pipfoundry.com
Potential positive momentum reversal. This idea could take weeks to play out. There is obvious resistance at 300-315. Under 275 for any period will invalidate this idea. good luck and good trading. Want to make this chart yours and find an idea of your own? My indicators are available at www.tradingview.com More information about my indicators: www.pipfoundry.com
Simply trading divergences in the direction of a larger trend is an easy way to find great trades with Pip Foundry. Selling the long on bearish divergence warning. Nice little 5:1 long tonight at a 57 pip gain. Want to make this chart yours? My indicators are available at www.tradingview.com More information about my indicators: www.pipfoundry.com
Indicators are available for lease at www.tradingview.com Pulled short on printed bullish "divergence alert". Weird day on fiber. Only a 60% retrace on this rally and were back at last nights short area on divergent momentum. I will wait for London open to make an entry.
Indicators are available for lease at www.tradingview.com I'm not trying to short dxy tonight....tradingview doesn't publish multi pane charts if you have them up....a bug Weird day on fiber. Only a 60% retrace on this rally and were back at last nights short on divergent momentum. I will wait for London open to make an entry. DXY is weekly bullish. Watch out...
Indicators are available for lease at www.tradingview.com Higher timeframe bearish london entry. Confirmed with 5 minute printed bear div after entry and classic bearish divergence on hourly and higher in momentum. Looking to take profit on 5:1 at 1.0850 and as this trade is *with the trend* I will leave a 20% runner on tgt achievement.
....I had hoped the "play" feature would capture more candles....just missed the "banga". (big rise) This was intended to reference "the dip" that so many were/are bearish about. I built these tools to scalp the EURUSD (what I mainly trade) so its not weird to me they work this well in OKCCNY. Indicators are available for lease at www.tradingview.com
Declining momentum and last of remaining bullish divergence tonight. Would like to see a charge into liquidity and pullback. Indicators are available for lease at www.tradingview.com
The euro is extremely bearish on high time frames and any rise will be met with strong selling pressure. Ultimately looking to enter short again and I would think London will also want a clean entry a bit higher up. Indicators are available for lease at www.tradingview.com
My premium indicators are available for lease at www.tradingview.com Original posted trade stopped in profit at 281.30 on bearish divergence signal......wick selling 8000BTC to $150 on BTCE right as we jumped in price really ruined the party! Still hunting long trades in this consolidation (found one and posted it below) final look at this long trade before I...
My premium indicators are available for lease at www.tradingview.com Current LTC strategy: The Rally last night 7/18/15 has turned this pattern into a bearish cypher and we will likely find a capitulatory leg into liquidity before recovering for further bullish movement. As of last night I am now out and ready to buy a fresh dip! Basic idea: months of...
update: London is selling a bit so I did too but I retain some of my long position in case they decide to continue the rally into a spike of additional distribution. What a slow night. older chart for reference of bearish divergence Dipping into support earlier we caught a nice reaction and hesitation to sell from London so it looks like were going to rally again.
I want to see the little divergence turn into more distribution here.
Long term chart here. The weekly bullish divergence on the dollar index is confirming and it should begin another upwards climb in the coming weeks as long as the dollar remains the world reserve currency for oil and security. Good Trading My premium indicators are available for monthly lease at www.tradingview.com
Follow up chart! It is bizarre to buy this dip after so long below 300!! Lets all take a breather and look at what has happened and what could transpire over the next day or two. With the breakout above 300 consolidating I am highlighting the fact that buyers are still outpacing sellers at these levels so far. Upside targets are the now obvious resistance at...