RSI breaking out to upside and MACD turning. Book some profit at 100 pips (1:1) and trail stop. Use good risk management. This is not trading advice. Use your own judgment, and please comment on my idea and chart setup.
RSI breaking out to upside and MACD turning. Use good risk management. Book some profit at 70 pips (1:1) and trail stop. This is not trading advice. Use your own judgment, and please comment on my idea and chart setup.
My target is 148 and SL is 137. Use appropriate risk management. This is not investment advice.
RSI divergence on daily. I will follow any gains with my stop.
Bounced off lower channel line and breaking up out of consolidation triangle. ?target as high as channel top? Do you agree?
...and now setting up divergence on 4hr chart
Now in profit with trailing stop above entry.and banking some pips
I took a long trade on the divergence on the 2hr chart. Will trail a stop if it plays out. Please post your own thoughts and comments.
retails still net long and rsi bumping up against trend line.
Daily MACD about to cross over on daily and price action looking positive and respecting major trend lines. Just my views - I trade the ideas I post.
This is how I'm looking at this chart. RSI divergence; target 61.8% (0.75778) retracement of larger move = 123.6% of last push up. Initial stop 100 pips. This does not constitute trading advice.
Testing resistance on weekly. Look at 1.618 fib extension for target. Set stops - Reward/risk > 3:1 on this one. Sold at 0.78702 and may add. This is just my opinion and should not be taken as trading advice.
Trailing stop when in the money. T1 50 pips T2 100 pips. This is my opinion and is not trading advice. Best of luck.
Looking for an hours to few days bounce from support and RSI divergence. Fib levels for targets. >1.5:1 risk reward. This is not trading advise. Just my own thoughts. What do you think?
What do you think? These are my own opinions and do not represent trading advice. Trading involves risk.
Waiting for "risk on" play in AUD/USD. Retracement to 38.2% Fib suggests technical entry. Just my thoughts; you will have to make your own decision. Set stops.