We're above the trend channel, technically, 1770 is monthy resistance and we're ready to go.
RSI 40 resistance is an indicator for a bullish scenario. Let's long to resistance 4.85 SL is 2.56 for monthly close.
There is a Reversal H & S formation, also RSI is still bullish. Target : 1392 Stop : Follow Reversal H & S line.
- RSI saw below 40 in previous weeks, this is a bearish signal for me. - It's under 200 EMA, tried 2 times but cannot break it. - It break the triangle. This is a perfect bearish setup. Let's see how it'll open this week, then target will be 0.90 For stop, you can follow 200 EMA for weekly close.
We're ready for a cup and handle. RSI break the trendline. Target and SL is on chart. Wait for the end of 4H candle to decide to go or not.
RSI 40 Resistance is a long signal. TP1 : 1.42 TP2 : 1.69 SL : 1.08
Resistance in RSI 60 is a powerful sell signal for me. TP1, TP2 and TP3 are on chart. Stop above 29.84 for weekly close.
- Got confirmation for trend line last month. - Above 200 MA - RSI is good for a long. So let's long. TP1, TP2 and TP3 are in chart. Stop below 3 for weekly close.
There is a clear head and shoulder formation, time to short. TP : 7876 SL : 8950
Resistance in RSI 40 is the key point in this analysis. TP1, TP2, TP3 and SL are in the chart.
Gold break the trend line and nearly got confirmation for a short setup. As you can see, related ideas are also showing bullish scenarios for stocks. Targets and stop are on chart. Ot would be nice to wait for the closure of the 4h candle to be sure.
It break the triange. TP 11100 SL : 10300 for close price 4h.
- RSI is above 60, this is a bull signal for my strategy. - Price is above 200 EMA. - There is a clear Reversal head & shoulder pattern. If all works, we're ready to go. TP1 and TP2 are on chart. Follow Red trend line for SL ( follow 4h close price)
We have reverse h & s (or cup) formation here. TP1 : 11.84 TP2 : 9.37 SL : Under 7.12 for weekly close.
RSI 40 resistance is a bullish signal. TP1 : 14.50 TP2 : 19 SL : under 7.80 for monthly close