We broke below the consolidation support maybe we have tested it as a resistence but i believe we can test it one more time and there i will look for entry. Price go to the area then looking for RSI overbought and divergence on lower time frame. We have strong level of support b/n 1.055-1.050 where eventually the bulls will enter the market. Pay attention to...
we have some small structure and a cypher pattern in the range
Because of range levels its very possible the bottom support to becomse resistence stops abouve previous resistence
New lows on 1h timeframes. we have a top trend line a bielieve we can test some of the resistence areas one more time i order to get short. So many opportunitits
Few nice opportunites its up to you
Nice Gartley setup on the CAC index. Reason for entry RSI oversold aswell we have some structure. I will wait for higher high close confirmation. Have in mind that on Weekly and Daily TF we have been oversold on RSI so there could be move downward. But as a whole i believe we will test previous highest highs soon and we are in a bullish trend
Another opportunity for long positions on smaller time frames. Reason for entry double top before that. RSI oversold with divergents.
We almost tested the WEEKLY resistence levels and we saw a correction down. I belive the corection is running out of steam. We have some structure in the area. RSI oversold 4H tf as well we have RSI divergence on 1H TF. Small hourly trend line also fits there.
I believe the bearish trend on the YEN pairs is running out of steam. Cypher very good entry for long positions.
Cypher pattern on SP500. Stops abouve previous resistences. Reason for entry RSI overbought
Reason for entry double bottom on lower TF as well on 1H time frame. Waiting for a retracement and buy. Gold is in consolidation possible to hit the SL but I belive R/R is worth of it. You can move SL outside the range in which GOLD is moving since end of march
Reason for entry it seems like the upward move is losing steam. 1H lower close candle. Daily strong resistence. 2 weak supports on its way to the target on 4H TF