After few trials here's a new pitchfork Looking for price crossing down red trending line Must go lower than 2085 area to validate short position There is plenty of support and resistance lines, try to ignore them for now, just look at callouts for focus Short if price is going in red area Cautious if over 2094.8 Stop loss 2105.7 Long over 2110 green area...
Actually bearish divergence in formation with MACD Also price near pitchfork ML, watching for crossing down In combination with trending line in red see callout on chart Short under 49.27 cautious if over Stop loss over 50.18 Long over 50.91 Actual target 46.75
Actually regular bullish divergence on MACD Watching price crossing red trending line Long if crossing upwards in green area Cautious if going in red area Primary bullish target 1217.50 Keeping an eye on 1243.60 take some profits there Stop loss 1199.55
This pair is closing in, and it is getting ready for a breakout. It is expected that the AUD will be getting stronger, but sometimes expectations aren't met. Price and the RSI are paired up right now with the converging pattern. A break up is a long signal and a break down is a short signal.