Please see annotated chart for details.
Sell Peso below 0.5370 - 0.5365, targeting 0.5200. Does this tell us something about the election outcome? Not sure, but the timing of the break of the support at 0.5370 - 0.5365 could be crucial.
Please see annotated chart for details.
After peaking to all an all time high it's either pull back or reversal time. Please see annotated chart.
Please see annotated chart for details.
Please see annotated chart for details.
Deep crab formed and Stoch showing clear diversion, best to short to earn quick pips.
Please see annotated chart for details.
Please see annotated chart for details.
Please see annotated chart for details.
Please see annotated chart for rationale.
Using divergence , Stochastic bearish this time, a temporary short position has lined up on the 4 hour time frame on EUR/GBP. Price has given an inside bar below resistance and the 1.618 Fibonacci extension level . Targets may be placed at previous support where price could go to.
EUR/GBP has been in a range since March 2015. Another retest of ~0.7400 at the top of the range and a high test close with oscillator bearish divergence offers a short position in the ranging pattern possibly reaching the bottom of the range at ~0.7000. entry - below low of high test bar stop loss - above high of high test bar target - bottom of the range/support...
After showing some resistance to the 1.3350 price area price signals bearish behaviour to follow. A high test bar offers an entry point and Stochastic bearish divergence brings confirmation for a potential drop in price. entry - below low of high test bar stop loss - above high of high test bar target - 50 ema for 1:1 reward-risk profile or previous support level...
Short set up on USD/CHF by taking cue from: - bearish engulfing bar - resistance at ~1.0080 - Stochastic and RSI bearish divergence entry - below low of bearish engulfing bar stop loss - above high of bearish engulfing bar target - previous support level