GO
BCHUSD Ready to rally again from 1540BCHUSD
A Nice pin bar left on chart at 1540 support line - steady above here...ready to rally again from here with stop under the blue line at 1530
SPY / QQQ / DIA recapRecap of how the RSG performed with the POP alert.
Values higher than 62 would be a point to hunt for position, Or do not do "traditional" iron condor.
Value below 38 shows the move is over, need to consolidate.
Value below 25 would be, time to consider reversal plays for a short term.
SPY / ES Ready to POPChop derived indicator, RSG is showing a larger level. All vertical lines are ready to pop situations. We are on another ready to pop scenario.
Remember - This is not a directional prediction. This is merely another way to look at Squeeze and align another indicator with similar concept to select a good ticker.
Enjoy
AUDCHF: Great Short Coming! 5:1 RRHey guys! Found a really great short coming soon!
What influenced my decision:
-Weekly is on a good,healthy downtrend
-Price is about to hit a REALLY strong resistance area on the Weekly Chart at 0.74749
-38.2 Fib level beautifully joins with the strong resistance area (0.74749)
- Price is in a corrective wave (or at least it looks like it)
Have fun trading guys! May the pips be with you!
Weekly Chart: