cup with handle pattern formed on 4h timeframe. still new to this pattern so let me know what you think. advice is well appreciated :)
Waiting for before entering long: RSI to break above 50% level MACD to cross over stoch rsi to cross over LET ME KNOW WHAT YOU THINK! :)
very simple. waiting for a cross of the Stoch rsi and Macd before entering short.
Stoch rsi is in a downtrend Macd is about to cross over Harmonic pattern formed waiting for a bread of the 20ema before entering short
harmonic pattern formed RSI is over bought Stoch is over bought
Head and shoulders formed negative divergence found potential break of the trend channel what does everyone think??
Stoch is over bought RSI is over bought price has reached resistance level
positive divergence on daily timeframe stoch rsi oversold
waiting for a break of the 200ema until i enter short...
DXY is trading in a 2 week range and a break seems inevitable. Bulls have been in control of the dollar over the past 2 weeks and i can picture a bearish week for DXY predicting that prices may be heading to 92.000 or lower. EUR/USD: harmonic pattern has formed signaling bullish movement to come Rsi is over sold WAITING FOR A BREAK OR A CLOSE ABOVE 1.1850...
us dollar bulls are currently taking control of the market in result of the june CPI data. harmonic pattern has formed on the USD/JPY chart waiting for price to break the 110.709 resistance line before entering long. if us bulls were to continue to control the market and rise then the next area of interest would be around 112.145
RSI has bottomed in the oversold area meaning it it set to make a new high. stochastics is also making its way above the 20 oversold levels. MACD is also pivoting towards the positive zone. Hoping the bulls will send the price to the 1.39520 resistance line where price will break and continue to rally upwards. In the bearish scenario, if the bulls fail to breach...
Harmonic/M pattern needs to be considered as a reason for possible price reveresal to the uptrend. While there is a high probability that the price will continue to fall considering the bearish trend, the M-formation is a chart pattern that has a high completion rate. There is an equal probability that we will see a continuation of the downtrend however this will...
waiting for price to break the 0.92180 resistance level before entering long :)
umm...hoping market price will be rejected by the resistance level and retest support level.