Publishing this chart mainly because I haven't yet found a way (on the Pro plan) to save all my charts.
Spending time studying and revising charts only to have tradingview 'forget' them whenever a browser tab refreshes or reopens is quite frustrating!
Anyway, I bought AMD on both bad news / rumours and a bad day for the markets generally (trade war Yuan...
Overall bullish, respectable channel, large swings within it.
Bought Snapchat as it seemed relatively unaffected by the Aug 5th dip which seemed bullish. However, unlike AMD and FSLR this was not already low on the RSI and is now happily swinging low according to the trend, or maybe a more delayed reaction to the overall markets, so perhaps I should have waited...
I will be looking to see how price reacts to 96.60-96.46, if it holds as a support it will create an inverted Head & Shoulders. I will then be looking to go Long on USD/XXX and Short on XXX/USD pairs.
NOTE: DXY UP = USD UP. DXY DOWN = USD DOWN
I am looking for a long trade at current prices.
The 2-period RSI is overbought
Price recently broke out above, and is now retesting dynamic support on the 50EMA
A bullish inside bar has formed
Conservative targets at 108.4 - 108.5 range
NB: The daily and weekly candles suggest the longer term trend is bearish
I'm currently in a Short on Gold from 1422.600, reason being is because I'm expecting a pullback to 1366, before a continuation upwards to 1450-1470. I will be going Long once we get the pullback into 1366.