Tradingstrategyguides

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USDJPY Bullish now on the H4 time chart since it broke this down trend. There was already a small retracement on this uptrend. Target is set at 111.499

Tradingstrategyguides Updated 

Oil it setting up nicely to trade this Fibonacci Channel. Wait for another small pullback and go long. Target #1 will be at the 50% Fib line, Target #2 set at the top channel line.

Tradingstrategyguides

You see here that the price action is: a. Broke Above the 3 moving averages we have on our chart b. It broke a channel on the H1 time frame. This is a combination of a break of a channel and another strategy that uses 3 moving averages. Lets see the results...

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We see here that there is a potential reversal setup. There is divergence in price action and the RSI indicator. Pending buy order set at 109.880 We will keep this idea updated if we spot the price action continue to the down side. If that happens we will move our entry to a lower position. Let us know if you have any questions! We linked to other ideas that...

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There is a lot to unpack here. First, we see that this pennant pattern is soon to break to the upside. Next, we see that there is divergence occurring with the RSI indicator and the Price action. We would say go long here right around 0.7176 once this price action breaks these levels or resistance. Let us know what you think!

Tradingstrategyguides Updated 

Step 1 - Apply Indicators to Chart: *20 Period SMA *40 Period SMA *80 Period SMA Step 2- Identify the Trend. Price Action needs to break the three Moving Averages Step 3- Wait for entire candle to close outside of Moving averages + Pull Back in Price Action + Continuation of Trend We saw the pull back already occur so this looks like a good...

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As you can see the RSI is overextended on the EURUSD pair. We have a pending sell order in place at 1.2263. The Risk to reward for this strategy is a 1 Risk to 3 reward.

Tradingstrategyguides Updated 

Here we see divergence with the RSI indicator and price action. Look to go long around 1.28406 for a reversal to the upside. Let us know what you think by commenting below!

Tradingstrategyguides

Step #1 In a Down Trend, wait for price action and head back to the upside inside the channel. Step #2: Wait for Price action to push down now and pull back up. (Make Entry #1 once price pushes down) BUY Entry #1 where we placed our first entry area and Entry #2 at 50% Fib line. TP for both @ 1.1198 Let me know if you have any questions!

Tradingstrategyguides

Our RSI 80-20 Strategy triggered a trade. Below are the rules of the strategy: Step One: Find the currency pair that is showing a high the last 50 candlesticks . (OR low depending on the trade) Step Two: When we find 50 candle low, it needs to be coupled with RSI reading around 20 or lower. (If it’s a high it needs to be coupled with the RSI reading 80 or...

Tradingstrategyguides

Step 1- Apply Indicators to Chart: *20 Period SMA *40 Period SMA *80 Period SMA Step 2- Identify the Trend. Price Action needs to break Moving Averages Step 3- Wait for entire candle to close outside of Moving averages + Pull Back in Price Action + Continuation of Trend

Tradingstrategyguides

Step 1- Apply Indicators to Chart: *20 Period SMA *40 Period SMA *80 Period SMA Step 2- Identify the Trend. Price Action needs to break Moving Averages (completely below all three indicators) Step 3- Wait for entire candle to close outside of Moving averages + Pull Back in Price Action + Continuation of Trend

Tradingstrategyguides

EURUSD continues its upward climb. If we see that that price action hits this trend line and breaks it then this would be a great time to sell. The RSI and price action has shown us divergence so it's only a matter of time before this currency pair will reverse. When it does, you are going to want to get in on it. Let us know if you have any thoughts,...

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If this price action moves to the downside inside this channel and breaks this area of support then you should sell the EURUSD. Pending sell order placed @ 1.10301 The RSI is overextended and we saw divergence occur with the Price Action and the RSI indicator. If this level we identified is broken this upward bullish move may lose its steam and we could see a...

Tradingstrategyguides

Our strategy has three simple steps which are: Step 1- Apply Indicators to Chart: *20 Period SMA *40 Period SMA *80 Period SMA Step 2- Identify the Trend. Price Action needs to break Moving Averages Step 3- Wait for entire candle to close outside of Moving averages + Pull Back in Price Action + Continuation of Trend **Broke below the...

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Waiting for the price action to break this trend line and continue to the downside. We have a sell pending order placed at 0.68730

Tradingstrategyguides Updated 

Our reversal strategy shows us here where a potential area to enter if this price action were to reverse to the downside.

Tradingstrategyguides Updated 

The AUDCHF looks to have broken a critical level. We already have an entry order placed and we are in this trade based on our rules.