


smartsociety
Price action at fibo 61.8 level is nice, Adding the fact of being at a grat sup port level (weekly purple line). With candle showing bullish close at 4H frame , I'll go long. Do what you like not what I see.
Hi all , I noted many went bearish on seeing the ongoing slight fall . Okay , just conside in case it is a rising wedge with nice retest (former risistance area) . once it is proven to turn into support we shall all enjoy riding long. CU
Hi all , if you think NZDUSD is in uptrend just try to reconsider it and see the chart.
Hi All , so you think kiwi is in in uptrend ? just re-consider your view and see the big picture.
The down trending channel has been for a long time. It is wide channel and for long term. Therefore, to go long at its bottom seeing another internal channel (alike to consolidation) with bullish divergance is not bad idea . Just watch closely the smaller time frames for extra entery signals.
Resistance at weekly is shown and with bearish divergance. Triangle and elliot in accordance. Good chance May be
Fibo 38 level -Nice trend line-asending channel-support level tested twice before and showing strength now-Ichomoko cloud in support and stochastic in extreme oversold ( with bullish divergance). That is pretty good for my to long this pair.
This shape at resistance line is nice chance to short .
Why red candle started at the top of descending channel , RSI over bought (with bearish divergence) and Stochastic the same way? Why price showing this weakness just at 200 sma and macd also gave a cross ? It is all signs of warning trend in over here , just stop looking at the small frames letting it mislead you yeah we are in up trend and will proceed , it is...
Monthly study provides clearer and more accurate signal with huge pips in pocket. -MACD said adieu . -RSI Screams '' Bearish Divergence '' which is shown more plainly on weekly chart and on monthly RSI touched 70 level just to die out again. Moving Average: Never missed this hot game , therefore ; sent his strong 200SMA to defend this important level and he...
- Fibonacci Retracement at 50% - Price respect to this level and form nice price action. - RSI bounce back from level of 30 (over sell). - Elliot waves harmony showing end of wave 4 and resume the 5th up impulse wave. - Bullish Divergence. - Price get support right above the green cloud of Ichimoku. -Trend is already up & strong and all the above making more...
No I will not write an essay for graduation doctorate or to be magazine's first page ... The photo is so nice and taste sexy with shorts.
My simple view on cable , smart money in accumulation process now. Reaching the top of the consolidation area, most probably another drop is in hand now. :) Good Luck
EURUSD, Can drop more ? Yes it is possible but just caution for the movings on weekly and ICHOMOKO CLOUD, with a littile thought for bullish divergence (RSI) on Daily. That make it risky to go against the trend. Finally, consider that , EU won't interfere in Russia....
simply I found divergence the best tool to account on in my trades :) good luck all and your views are welcomed !
My friend traderwgun, I can agree with you that it is better to take two equally significant highs or lows, (but still I am convinced that when you take divergence as I did my my former chart you will get a note upon exhaustion of the current price movement ). however , as to go in accordance with the aforementioned idea (two equally...ect) I have just made this...