Several fib levels and a long term key zone align in the 0.7230-ish area. Looking to short after a H4 confirmation candle. Thight stop-loss, high reward.
Many people say if trump win, USD will bearish. but why USD keep strong bullish until now? this is the answer! in technical, dollar index status in USA election is going to wave 3 secondary bullish. look at my chart. right at trump win, market suddenly going bearish, but its just to fullfill wave 4 minor. so dollar index status now will bearish going to wave 4...
This is a triple stochastics script with stochastics in Fibonacci sequences 55,89,144. I have also added colors to indicate the angle or direction. Up is green and down is red. All three the same color and at one extreme are good indications of high probability trades. You can also use these like stochastics using the traditional 20-cross or 80-cross. As...
1. Price crosses moving average & Rejection 2. Enter short on signal 3. 1 Min Time Frame= 1 min expiry + * Dont rely on signals / Trade what you see / Price action *Use ma's as support = rejection
Support broke late last night, possibly forming resistance (looks like it now). Market went bull in the last hours, hit the kill zone, indicators beginning to confirm short term reversal/back to downtrend.