Tradingoutlier

Tradingoutlier

The only thing we can do is identify setups then execute based on our trading rules 1.Double top 2.resistance + trend line 3.divergence 4.Rsi overbought follow your entry strategy for better entrie

Tradingoutlier

see chart for details

Tradingoutlier

see chart

Tradingoutlier

see chart

Tradingoutlier

1. Divergence 2.Area of Support 3. H4 candles leaving long wicks indicating rejection of price(bears are stepping in)

Tradingoutlier Updated 

see chart

Tradingoutlier Updated 

retest then fall

Tradingoutlier Updated 

see chart

Tradingoutlier Updated 

this is strong and very important level and it looks like it is holding 1 Resistance 2 Divegence 3 Price action(H1 reflect better price action

Tradingoutlier

1 Rsi oversold 3 two pin bar indicating rejection of price 4 convegence

Tradingoutlier

breakout of the trendline will confirm change of trend 1 Rsi overbought 2 resistance zone 3 Doji indicating possible uptrend exhaustion 4 divergence you can enter immediately or wait for price to break the trendline

Tradingoutlier

breakout of the trendline will confirm change of trend 1 Rsi oversold 2 support zone 3 hammer indicating rejection of price 4 double bottom

Tradingoutlier

safe trade

Tradingoutlier Updated 

1 cluster zone 2 pinbar,, not a strong one but I'm satisfied because of other factors 3 Divergence N.B for aggressive approach you can enter right after pin bar like me, it give even greater R:R but for cautious approach you can wait for break out. Safe trade

Tradingoutlier

wait for breakout 1 cluster zone 2 support and double bottom 3 convergence Safe trade

Tradingoutlier

this is a trend continuation trade

Tradingoutlier Updated 

all the best

Tradingoutlier

As we can see the correction went deeper than we expected and formed outer trend line. I believe we're ready to north Because 1. AB=CD completion 2.Rsi oversold 3.price strongly rejected at support level(1.40063)