in h4 cypher then in h1 we see a divergence in rsi (not a strong one), priceis also in support 1 calculated with pivot point and sellvolumes are slowing down; possible buy risky trade counter trend take profit 1: 1.29427 ( if you decide to go for this target set a stop loss at 1.2898) take profit 2: 1.3077 ( this is a swing trade set stop loss under 1.286) thank you guys
gbp has lost a lo today because of brexit rumors, gbpjpy in daily and h4 is not strong, because there is a descending triangle, so this is a risky trade, but last leg has reached 127 fibonacci and a shark pattern has been formed. Slow stochastic divergence in h1 and k% line has been cut. clear buy signals. remember risk under 2% of your capital because gbp pairs...
nzd has been really weak due to interest rates cut from 1.75 to 1.5 %, price has had a top over 1.714 and then a fast drop to 1.70, that is a stop hunting signal from big speculators I think now price might fall. risk under 2% of your capital sell at 1.70270 take profit 1.68800 stop loss 1.70850
Silver has formed a falling wedge with low volumes, we can see a clearly divergence in on balace volume and momentum. In daily chart there was a double bottom and then the wedge so we have 2 inversion figures. in h4 chart a rsi divergence. If we look at futures contracts we can see that they have a high price so the investors are positive about...
the pair has formed a triple top with low volumes on tops, a clear weak signal; to confirm my analysys there are divergences in relative strength index and commodity channel index.....canadian dollar will probably fall because of gdp on thursday; the pair has also completed a gartley in h4
CAD has been strong because of oil this morning and now the pair has completed a gartley pattern, there are two important zones for close : tp1 1.7417 tp2 1.7493 uk fundamentals are good because brexit has been delayed, and gdp of thursday for canada will probably be bad
I see a double top with a resistance around 145.00 it is an important level because it is 78.6% of fibonacci retracement; rsi divergence
price is in hgh bollinger band we can also see a channel and a bat pattern we can sell until 1.724 at first and 1.68 for long term target
price is just over 100 sma macd is going to turn to positive and bears are losing momentum