


Bearish Divergence setup noted on D and 4H timeframe However trend is still in a very bullish trend. We can infer that the market is losing buying power, relatively to its previous move Thus will be waiting for a confirmation break on the 21 EMA on daily time frame for a short counter trend trade setup. Clear and concise divergence
Bullish Divergence setup noted on D and 4H timeframe However trend is still in a very bearish trend Thus will be waiting for push downwards for better Risk to Reward entry Might take 4-5 days to play out Clear and concise divergence
On weekly timeframe, bearish Divergence formed. However trend is still very bullish. Thus will be waiting for a close back into the channel to trigger short, Or to draw a new channel on a 1 or 4Hr timeframe to short upon breaking of trendline. Might take 4-5 months to playout A grade setup as it is on a weekly timeframe. Clear and concise divergence
Divergence formed at 1Hr time frame, Potential counter trend short, with 1:1 Risk Reward ratio.
Looking at Longing GLD, 1HR 1: Shift candle up above 21 EMA 2: Confirmation of RSI above 50 level 3: cross over towards upside B+ Setup as its not in full trend, EMA 200 and 800 above acting as resistance
Looking at a shift candle pushing off 21 EMA, on a downtrend, with confirmation of crossover. However it has yet break the support of Asia trading range Rating: B Setup
looking at shorting due to divergence forming on 1hr timeframe, and price chart is on resistance level
Looking at my previous entry for this pattern, It has been a false breakout upon pushing pass the neckline, However now it offers a better risk reward entry. Should the setup is valid. Trading Game plan (For consistent results) 1. Trading only with maximum 2% of account value ( Not to have huge draw down of account) 2. Only trade @ KEY supply/Demand...
Looking at XAG retesting longer term resistance of 18.74-19.36 range Waiting for a pull back to enter long.
CAD JPY testing key support area, Looking at it pushing deep into the key resistance area before coming back down for a healthy correction. Might offer decent Risk Reward ratio. Trading Game plan (For consistent results) 1. Trading only with maximum 2% of account value ( Not to have huge draw down of account) 2. Only trade @ KEY supply/Demand zone ...
Hello there everyone we have got a very decent Risk to reward trade setup forming of USD JPY, At a KEY resistance zone, we are looking for a very powerful breakout of the chart to trigger our trade setup, just waiting for the confirmation of the trade. Either up or downside. All the best guys! Trading Game plan (For consistent results) 1. Trading only with...
looking at longing for AUD USD, Double Bottom structure broken Looking at entry on pullback with 2 price target Possible testing for 0.700 level on larger timeframe.
Looking at trading this inverted head and shoulder formation. Waiting for confirmation on breaking of neck line with 2 TP zone.
SPX broke 3000, however its not a very clean break, looking at followup action tonight Its still within a rising wedge structure which is potentially bearish. If it fails to breakout of the structure, it will offer a very good risk:reward trade setup! All the best!
Looking at Eur JPY hitting the supply zone, potential short trade setup with decent risk reward. Waiting for market to trigger confirmation!