I am waiting for a short setup Once lower high is formed A bearish candle is formed Volume is supporting bearish momentum RSI falling below 40 / showing bearish divergence toward lower high
RSI in weak zone - Volume in bearish zone , supports my conviction, however I still will keep myself protected with small risk
This trade can do a good risk to reward ratio But if price breaks outta channel - it will be amazing return.
USDCHF pair is at a point, where we can prepare ourselves for multiple or one single good trade If trend continues and resistance is broken with confidence, price finds foundation above the level, volume and RSI stay bullish, we go for good long. If Price gets rejected, we pause and watch, if clear rejection (double top or similar, RSI & volume bearish...
Following the stock for a secure short - once price retraces and respects upper channel wall , we can enter short upon bearish confirmation
Simple pattern trade setup with low and defined risk Much tighter stop loss can be used
Apple is looking at a scary correction Im not suggesting any entry - lets wait if up trend is clear broken - and I will share short idea
BTC volume and RSI is weakening Will likely fall to 82K levels Keep an eye on RSI for validity of setup
As per economic outlook for Japan, and aggressive DXY strength We can look for buy setup on USD/JPY Entry scenario can be at higher low, or at breakout, price action will decide RSI & Volume will confirm the time to enter for riding the bullish leg up (We can see very sudden move outta nowhere , when sessions resume)
I see this setup as a low risk trade - stop loss can even be extended to historic lowest We can wait for higher low entry RSI confirmation (oversold indication is already there) Volume is good
S&P is headed for a retracement/correction , divergence is confirmed on DJ industrial average. This is in no way confirmation of end of bull run , it can be used for buying at more reasonable prices, once price consolidates at higher low, and continues back in overall bull trend after collecting liquidity. Off course - whole scenario changes if while waiting for...
I am looking for entering on short trade - as weekly is clearly bearish Waiting for rejection - and confirmation of reversal , and continuation of bigger trend , for minimizing risk. Risk to reward ratio is as per my affordability.
Hello traders & seniors & passionate new ones like me , I wanted to share with you this methodology I use to keep or withdraw my trust in a macro trend. I use Fibonacci levels , combined with how strong RSI is to cross or reach those levels. As per chart, for testing next levels (on Fibonacci), RSI is falling , which indicates to me that , for taking long term...
USD will keep falling against JPY Weekly trend is very strongly bearish for USD - on daily after resistance test, USD will keep falling to next support / buy zones
Pattern analysis Technical analysis Macro-indicators Trade setup is just for indication - stop loss and profit can be adjusted according to personal strategy. All indicate bearish wave for USD against GBP
Trade setup for bearish wave - please determine your entry according to your setup My trade is based on swing trading methodology
I'm very bullish on this Pakistani IT stock - the growth potential is immense for 5-20 years for long term holding See sales growth & Profit margin and earning ratios - dps.psx.com.pk Sales are to mostly foreign clients , therefore local currency and economic risk is manageable
Just pattern analysis - I haven't included any macro-economic factors into analysis