Pros Broken RSI downtrend on daily. Divergences on daily. Potential H&S formation. Correction of 38.2/50% of the las bearish wave. Broken downtrend on daily. Objetive to pivot point. Price up to resistance level. Cons Countertrend. Strategy Buy 1/3 at the low of the right shoulder. Buy the 2/3 when the price breaks the neckline (confirmation of H&S).
Pros H&S pattern confirmed The last 3 lows are rising No divergences and uptrend on RSI. Searching for 38.2/50% correction of the last bearish wave. Cons Countertrend Strategy Buy a half when the H&S are completed, and the other half if there is a pullback. 2 projections, the downchannel and the H&S. I think the projection channel is too aggresive.
Pros Divergences on h4 and daily timeframe. The price is at a resistance level. The price is at a weekly uptrend. Cons The HCH it's not complete. Strong bearish wave. Strategy Buy a half at market price and the other half searching for patterns, like double bottom or HCH'. The profit are the last high, but respecting the downtrend.
Pros Above a resistance level. Resistance level tested 4th times. Divergences on DXY. Divergences on h4 timeframe. Cons Strong dollar. The strong of the last bearish impusle. Stratregy Buy a half at a market price, and the other half when the HCH is complete. I prefer to put the take profit at the pivot point 0.7170-0.72(correction of 38.2%)...
Pros Broken uptrend Resistence broken Lower peaks and troughs Broken RSI uptrend Bearish market on weekly timeframe Divergences on weekly Pivote zone on weekly Strong dollar on other charts Cons Countertrend on daily timeframe Strategy I search a correction of 38.2% of the last impulse Buyed at 1.2107 and waiting for a pullback to buy more
Pros Channel-break. Double top confirmed. The dollar is strengthening. Cons Countertrend. Strategy I'm gonna try to sell on pullback. I think the double top projection is too agressive. That's because i put it on 38/50% zone. The stop is above the support zone and channel uptrend. The divergence on hourly timeframe can cause a pullback to enter short.
Pros Good P/R ratio. The price is at resistance level + uptrend. Longterm bullish. Hammer at the bottom. Cons Aggressive position Weakness of the euro. Strategy Buy at market price, or wait for a chart pattern confirmation for more confidence.
Pros Elliot wave completed, expecting an ABC correction. Pullback of 38.2/50. Support zone Longterm bullish. Cons Downtrend. The last peak, may cause a divergence. Strategy Wait for a 38.2/50% correction of the last wave to enter the market. I think the position can be closed when (A) was reached, but can manage moving the stop behind the last...
Pros Double bottom First high low Test of the last Weakness of the dollar this week. Above the uptrend on the weekly timeframe. Bullish on longterm. Correction of 38.2/50 of the last bearish wave. Cons The objective of the formation is too aggresive. The commoditie index is at a resistance level + divergences. Countertrend on daily timeframe. ...
Pros Lateral on daily timeframe. Bullish on longterm. Cons Countrend on hourly timeframe. The strength of the dollar is bad for the commodities. Strategy The gold is on a lateral channel. Long at the bottom and short at the top. RSI divergences on hourly timeframe. The candle could be a hammer on the support zone. Close a half at the middle of...
Pros Followtrend. Uptrend touch with a hammer in daily timeframe. Forming RSI divergences. H&S on hourly timeframe. Longterm bullish. Cons Divergences not confirmed. Strong bearish impulse. Strategy Buy when the price breaks the 0.7000, it confirms the H&S.
Pros Falling peaks/trooughs Break Support zone Broked trendline Follow downtrend Cons Correction of 38/50 structural trenline long term Strategy Buy at pullback 38/50 correction Pullback to the previous broken trend line
Pros Test the ascending trendline 5th time. Good P/L ratio Cons Countertrend Strategy Buy on touch the uptrend with a close stop. *For greater confidence on the trade, search for reversal patterns at 1h-4h like doble bottom/H&S, brakes of the downtrend in RSI and/or divergences
Pros Broken pivot point Uptrend Chart pattern double bottom confirmed Cons In a downtrend on W timeframe Strategy Try to buy close to 38/50% of the last correction. I prefer to close a half at 1.91XX, its an important resistance.
Pros Correction of the 50% of the last downtrend Touched the long uptrend The USD has a strong macro uptrend Exit from lateral consolidation/triple bottom Divergences on week chart The objetive is at 38.2% of the last downtrend Cons The last daily candle is bad. Strategy Buy a half at market price Buy the other half on a pullback
Pros H&S chart pattern(confirmed) Previous resistance level Cons Countertrend Strategy Buy on pullback to the neckline Stop on 61.8% above neckline
Pros Chart pattern H&S Pattern confirmed with a pullback at 38/50% correction of the previous impulse Cons Countertrend Low Reward/Ratio Strategy Sell at the current level. *Personally, that you are in an uptrend, the objetive of the H&S is too aggresive, I prefer to put it above the uptrend.
* Lateral channel * Divergence * Good P/L ratio