EURAUD gave us a nice crab pattern and a level of resistance and it is showing regular divergence on the MACD( mine has custom settings to spot divergence better than other indicators ). This divergence is a sign of market reversal.
Price is also high in its bollinger bands and pretty high in RSI , but not overbought!
I am looking for price to reverse before i...
So GBPAUD gave us a nice shark pattern with its D point right at the trendline , a area of resistance AND at the 61.8!
so this means price has a nice chance of going down!
Also the MACD is showing me that this pair is losing its momentum to the upside.
as price is close to the resistance level you can put in a tight stoploss
EURJPY is giving us a nice rising wedge pattern together with some regular divergence near a area of resistance.
what i am currently waiting for is for price to break the lower trendline to confirm the pattern , id also like to see the MACD give us the signal to sell before i jump in.
EURUSD made a nice double top on the daily timeframe , looking at the smaller timeframe is made a lower low and a lower high , so this pair has a good chance of reversing.
USDCAD broke out of its trendline and restested it ( on the daily timeframe )
Now in the smaller timeframe this pair has been going in a uptrend. price is now close to its lower trendline so we want to see price respecting this trendline before we get in.
USDCAD has also formed 2 harmonics also indicating that this pair is going up. I am currently looking for a...
So usdjpy has been moving in a nice channel , it is now very close to a major trendline on the bigger timeframes.
As it was moving towards this trendline in an uptrend ,it broke its uptrending trendline ( on the shorter timeframes ) and is now moving downwards , there are a lot of buyers and sellers in this market right now trading against each other , but i...
EURUSD broke out of its EQ together with a harmonic pattern.
Its also showing convergence on the RSI. I am hoping to see a break of the support and a retest for a nice sell opportunity.
GBPUSD gave us a bat pattern along with a falling wedge.
Looking at the DXY this pair has a good chance of making a move up.
I also see a slight divergence on the RSI.
looking for a candlestic pattern that tells me this pair wants to go up
GBPUSD gave us a nice bat pattern together with a falling wedge pattern.
There also occurs some divergence. Looking at the DXY i see a pretty good chance that this pair is going to make a move up.
USDJPY gave us a nice gartley pattern with our D point close to a zone of support and the lower trendline.
price was outside the bollinger bands and oversold which are more confirmations that this pair is going to make a move to the upside.
On the other side , on the short term i see conversion , also price is a little below a daily trendline thats going far back...
CADCHF is currently in an uptrend but it has reached a zone of support and resistance.
It is showing divergence on the RSI and MACD , it is also giving us a ''rising wedge'' price pattern which is another confirmation that this pair might be breaking out to the downside
I'm looking for a nice entry point in ''the Price reversal zone'' ( the blue rectangle , which...
