EURCHF making a higher high recently with the MACD showing slowing momentum and not making a higher high. Looking like a short coming up soon.
More higher highs being established but RSI is just not cooperating. Looking like a short coming up soon.
RSI not making higher highs when price action is pushing this pair to the upside. Momentum moving sideways on the lower end and just not making these higher highs as seen in image. Looking to push the downside in the coming weeks.
1h RSI Divergence on Dollar/Franc. Could be looking at a short coming up soon - Quite strong price action making much higher highs but the RSI clearly is not making these highs. Classic example of bear divergence.
Coming up to pretty strong resistance. Looking to push the downside on this, waiting for confirmation next week. 2x resistance to break, doesnt look likely.
1/2 Month uptrend after 50/200 EMA crossover followed by bearish momentum shown on MACD Strong signals to sell as MACD crossover and histogram displays negative. Tested 1.297 4 times with strong resistance.
Looking to short on the test of the upper bound of the channel or if it breaks out below. Going to be placing SL above this months highs and various TPs at next resistances.
Currently bullish with slowing momentum. Unlikely to break strong resistance.