My New Testing on Range filter buy and sell and hacolt_LB indicator testing
A selling climax often signals the end of a downward trend. As excessive selling pressure subsides, the market may be primed for a reversal. This occurs because weaker sellers have exited the market, leaving behind stronger buyers who can support the price. My Strategy: I'm currently seeking a buying opportunity in GBPUSD, specifically looking for a green candle...
In H1, The VWAP is about to cross the EMA9 From Top to bottom, and MACD is crossing from top to bottom, while the h1 RSI is at 67.23 coming down from 82.96. All These Indicates shows that Next moment will be sell , and Price can down to 113.795 Support level
Gold is stuck website 1830 to 1845 from 2 days. This rank is NO TRADE ZOME for me . If its break 1845 it can move to 1867 resistance level, and if its break down 1830, then i'll take sell position to 1814.
The MACD cross the signal, and RSI is also getting down from 82 to 64 in H1, The VWAP is also near to cross the EMA9, so the next short time possible moment will be "SELL" around 20 Pipe.
I can see in H1, gold make a hummer candle, and then a Bullish candle, RSI is also moved from 30 to 45, and moving up, while MACD also moved to bullish. I am already in Buy, TP1 should be 1820, and TP2 should be 1830.
If the Gold Cross break its 1760, I'll take buy position for next whole week, other I'll take another sell position 1751 to 1738