TheSignalyst

TheSignalyst

sell already activated however price is still near entry for those who wish to enter now: 1- head and shoulders pattern 2- break of neckline 3- break of trend line

TheSignalyst

reasons to take the trade sell : ( waiting for a better momentum candle to confirm the break ) 1- double top forming 2- break of the the double top neckline 3- bearish hidden divergence on rsi

TheSignalyst

reasons to short this pair: 1- last swing standing is broken ( in blue) 2- divergence on the RSI (n red) 3- break of trend line

TheSignalyst

eurgbp sell is activated for the following reasons: 1- divergence 2- break of last swing stranding 3- trendline

TheSignalyst

buy audcad if price breaks through the blue rectangle reasons: 1- trendline 2- divergence 3- last swing break

TheSignalyst

reason to sell cadchf id price breaks the blue rectangle: head and shoulders trendline break break of last swing divergence you notice there is also a bullish divergence on rsi showing us mixed signals ,but with 4 things telling us to sell ( if price break rectangle) , a sell could still be taken in this situation

TheSignalyst

buy when price break through our blue rectangle reasons to buy: trend line inverse head and shoulders break of last swing standing

TheSignalyst

we are waiting for price to break either upward or downward after forming a nice rectangle. we sell or buy after a break of the small blues rectangles ( with momentum candle)

TheSignalyst

in this case we would prefer a trade downward as there are more confluences making it a more probable trade: 1- trend line break 2- triangle break 3- divergence 4-head and shoulders neckline