Very long term trendline being broken, KD on D1. I think we get to Price on the Daily before we get to S2!
Missed this twice before but now it looks like it is going to turn on KD and resistance.
We see on the Weekly that there is a long term downtrend. On the higher timeframe we see major resistance. On the H1 we see KD at that same level. Taking a sell to catch the long term downtrend.
Bearish KD aligining with Strong Daily Resistance. Looking for a pullback to structure.
Last time price came to this point it gaped up. Now with KD on the 1H and 4H I'm buying with a trailing stop of 35 pips.
Bearish KD and long term resistance... I'd set the trade with a trailing stop at 35 pips.
We are seeing divergence coincide with a major point of resistance. Placing a trailing stop the same size as the stop loss and looking to run back to structure.
Bearish KD aligning with long term resistance. I'd place this trade with a 35 pip trailing stop.
EURGBP - Bearish KD on H1 and H4 and coming up to major resistance. I also like that the Stochastic is rolling over on both time-frames. I'd set this up with a trailing stop with 35 pips trailing.
USDZAR - Bullish KD and long term support coinciding. Could see a leg down to the long term support but that is why I put Stop Loss below that significant support level.
EURUSD - Bearish KD and Long Term Resistance.
Very long term Resistance hit multiple times and not broken. Coinciding with Bearish KD.
USDMXN 1H - Long term Support coinciding with Knoxville Divergence
KD printing on 1H at a point of major long term resistance.
Looking for a pullback as EURUSD prints Knoxville Divergence at a point of resistance on structure and the Pivot indicator.
Bearish KD on SP 500 at a point of resistance.
AUDJPY to retest top of channel after printing bearish Knoxville Divergence...