shambolicFX

shambolicFX

Technical analysis - H4 and Daily time frames. Key Indicators: Signaling overbought, the market is showing possible bearish momentum. - RSI - Stochastics - Bollinger Bands - EMA 55 Candlesticks formation suggests a potential bearish reversal. Take Profit: Rectangle area/zone. PS: This is my personal trading strategy, backtesting results. Please adjust...

shambolicFX Updated 

Technical - Mentor: Hoseini Finance (Iran) As we approach the end of another trading week, signs of a potential bearish momentum are emerging in the GBPUSD market. Key Points: - EMA 55 uptrend indicates potential market peak. - RSI approaching overbought zone, suggesting a potential correction. - Triangle chart pattern hints at a price retracement. ...

shambolicFX Updated 

I think the title in my last post was misleading, 'Upcoming'. It should ideally be more like this, 'Market Analysis Could Lead to Sell'. Here's the link to the previous post: Sorry everyone, it's always been a struggle to get a grip on English. Not everyone is a native speaker! Here's my input and analysis. I will watch the market closely for possible...

shambolicFX Updated 

Technical - Mentor: Hoseini Finance (Iran) 'Potential bullish reversal opportunity' The EMA 55 is trending downwards, and the RSI is in the oversold zone. This suggests that the market may be ready for a bounce-back. Key Indicators: - EMA 55: Trend-following indicator that has been trending downwards, suggesting a market peak. - RSI: Momentum oscillator...

shambolicFX Updated 

Technical - Mentor: Hoseini Finance (Iran) EMA 55 is showing an uptrend direction and confirms RSI will reach 70% zone and maybe above. RSI is indicating a change in the direction of the trend in the coming days.* The chart pattern is a triangle and once the candlesticks reach/cross the upper side of the triangle and we have an overbought signal from RSI, we...

shambolicFX Updated 

Technical, H4 time frame - Mentor: Hoseini Finacne (Iran) RSI: Oversold zone, signaling a trend reversal, and 'Sell' order - Indicator is confirming Chart: Triangle, candle formation outside the dynamic line, confirming Stop Loss: Risk Ratio or above the Triangle Pattern Take Profit: Support line or below Rectangle PS: This is my own analysis and backtesting

shambolicFX Updated 

Technical - Mentor: Hosseini Finance (Iran) RSI: Overbought - signaling a trend reversal. Chart Pattern: Triangles. TP and SL, Support and Resistance lines.

shambolicFX Updated 

Technical - Mentor: Hosseini Finance (Iran) RSI: Oversold - signaling a trend reversal Chart Pattern: Triangles TP and SL, Support and Resistance lines.

shambolicFX Updated 

Technical - Mentor: Hosseini Finance (Iran) RSI: Overbought - signaling a trend reversal. Chart: High/Low, dynamic lines. TP and SL, Support and Resistance lines.