Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 7x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/CAD Sell, AUD/USD Sell, GBP/JPY Buy, GBP/NZD Buy, USD/CAD Buy, USD/JPY Buy & XAU/USD...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 3x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/USD Buy, EUR/USD Buy & NZD/USD Buy. Just be aware of your overall risk here due to the...
D1 - top of the range
H4 - bearish divergence
H1 - No ending divergence, breakout of a key support.
As long as the marked zone holds i'd be looking for sell setups.
IMPORTANT - This is an aggressive idea as there are no factual reversal patterns yet.
Hi
have analyzed the pain based on divergence and Fibonacci to which I believe it is in a consolidation area and it is wise not to take any position meanwhile as it can move to any side at this point.
for a short time trade it is a bearish move but for swing traders it is better to wait and see what is going to form in this week and then go for some position...
