Hello, my scenario about US100 looks bullish here is why : - bullish RSI divergence at H4 - demand level (D1 and H4 timeframe) - oversold stochastics - in general index is just very cheap and its nice opportunity to buy I think it can achieve 14000-14200 in mid-term (15-20 days max.) but safest option will be take profits at 13300-13450 levels, it depends on...
Hi my fellow traders, another idea from me. Reasons to go SHORT: - Stochastic Overbought on different timeframes - RSI bearish divergences - possible H&S pattern on H4 timeframe (until price is lower than 14300) In my opinion US100 will be bearish until the end of this week, tomorrow should be bearish start of the day and price should dump more during NY session....
My fourth idea here, for now 3 profitable positions in a row. I think GBPUSD is cheap and my reasons are RSI divergences on different timeframes and stochastic oversold and stochastic divergences so many signs to go buy. Tomorrow CPI data report from UK and I play for this scenario, good data and fast reverse to bullish trend. Even if data will be bad and price...
Hello it's my third idea which I am posting here, last 2 ideas were good bet so maybe I am not that bad. :D Entry: now (34700) or wait till 35000 price level Take Profit: #1 34000 #2 33500 #3 32750 Reasons: - overbought at H1, H4, W1 timeframes - RSI bearish divergences at M15, H4, D1, W1 timeframes - near supply level - possible retest 200SMA at D1...
Hi, my first idea here we go! GBPUSD is oversold, at W1 and D1 timeframe we are at great price to BUY opportunity. REASONS: - oversold at D1 nad H4 - RSI Bullish divergence at H4 - Fibonacci 38.2 at ~1.32500 - at W1 timeframe it looks like sale for me :) Good luck FX traders!