Broken RSI bullish trendline and massive RSI and price divergence telling that bullish moment most likely lost. Bollinger Bands overbought and price rejected from the bottom of broken bullish channel (weekly chart)
Possible bullish flag after wedge breakout on the top of bearish channel
Hi there, that my little bit messy chart.. 1. Structure support matching with Camarilla Monthly and Daily support; 2. Bollinger Bands signals to buy + RSI ready to break downward momentum trendline; 3. Negative correlation with gold confirms as gold almost break bullish trendline p.s. time balance looking very interesting because on Trump inauguration day will...
61.8% fib and pitchfork confluences
Hi there, ..if on 30min second low test will hold Im long, if not Im going to buy on 61.8% fib
Looks like second wave is finished..
1. Pitchfork: price is falling from bullish channel center and from the top of bearish channel 2. Time balance: January 3 was 50% retracement in time of previous downtrend impulse 3. Elliott wave: Looks like second wave is finished on daily, because we got 5 waves down and retracement to 61.8% fib on 30min chart 4. Chart Pattern: Double Top confirmed ...
we got 5 waves down and retracement to 61.8% fib + last supply level
Almost across all pairs on my charts I'm expecting £ strength in near future . With Brexit priced-in and after today's BOE rate decision I can't see nothing bearish in fundamentals for UK. Let's make some pips..
IMF economic outlook possible will trigger sell-of in stocks and it will bring oil down. We will see soon.. Five waves up is most likely finished although there still space for wave 5 until 46.28 in my ew counting
Hi! -There is interesting setup with wedge chart pattern in Bat prz in daily chart + strong support of 30-degree pitchfork. - I'm buying from current levels based on setup in 30min chart. Take care.
- 100% ext of previous Range(A) - RSI broken trendline and test + divergence - Pitchfork trendline resistance - Strong correlations with USDCAD, AUDJPY and SPX, potential reversals setting up on them is well so need to watch closely for confirmation. Considering to take a swing trade or to scalp rallies, depends from the momentum and what risk trends going to do...
cautious, because it close to 200 daily MA, bulls can not give up so easy. keeping tight my stop
3 waves up after 5 waves down from top.. this thing will turn lower I suppose
Expecting dollar sell-off across the broad. Euro, Gold, USDNOK and USDOLLAR have good setups, but the best i think is USDJPY, with BOJ Core CPI figures on top on Fri
Fundamentals supports downtrend