TREND: UP LEVEL: SUPPORT ( HORIZONTAL + TRENDLINE) SIGNAL: MACD CROSS+DIVERGENCE
WEEKLY CHART TREND: UP LEVEL: UPTREND LINE+SUPPORT SINGAL: TWIN TOWER BAR GO LONG TIL NEXT LEVEL (RESISTANCE)
DAY CHART TREND: UPTREND MAY HIT SUPPLY ZONE LEVEL: HIT RESISTANCE SIGNAL: TRAINTRACK BAR DIVERGENCE
GOLD IN CLEAR UPTREND MAY HIT 0.786 RESISTANCE CREATES DOUBLE TOP PATTERN + MACD DIVERENCE (LINE DVRGNCE) (HISTOGRAM DVGRNCE)
IN MONTHLY CHART, IT IS STILL IN UPTREND (BIG WAVE) IN WEEKLY CHART, IT IS STILL IN DOWNTREND (MIDDLE TIDE) WAIT FOR BREAK+RETEST THEN GO LONG TILL RESISTANCE
DJI BREAK & RETEST THE TRENDLINE LONG ALL THE WAY UP TO RESISTANCE
MONTHLY CHART UPTREND CURRENT PRICE AT STRONG SUPPORT IF BOUNCE>>LONG IF BREAK>>SHORT
MONTHLY CHART PRICE AT SUPPORT MAY BOUNCE>>GO LONG MAY BREAK>>GO SHORT
Historically speaking, all the way down. Wait for the break+pullback, then short.
WEEKLY CHART PREVIOUS UPTREND BROKE & RETESTED NOW IN DOWNTREND IF TRENDLINE DIDN'T BREAK, CONTINUE DOWN
MONTHLY CHART CONSOLIDATION TEMPORARY UPWARD WAIT FOR BREAKOUT
WEEKLY CHART DOWN THEN UP -------------- MY STYLE: -SIMPLE & STRAIGHTFORWARD -CLEAR & CONCISE -PREFER NAKED CHART THICKER LINES= HIGHER TIMEFRAME THINNER LINES= LOWER TIMEFRAME WEEKLY & MONTHLY CHART>>I ONLY POINT OUT THE DIRECTION I BELIEVE. WILL UPDATE ABOUT EVERY QUARTER DAILY & HOURLY CHART>>I WILL POST THE EXACT TRADE WITH THE SAME ENTRY, SL, TP LEVELS
AUDUSD MONTHLY CHART RANGING B/W SUPPORT & RESISTANCE BIG DIRECTION STILL IN DOWN TREND
USDJPY RANGING FIRST GO UP & HIT RESISTANCE, THEN GO DOWN