Selling Opportunities continue for USD Singapore Dollar. Wait for the trendline break to go short
Opportunity for bears as the HNS formation completed on the 1 hour. The neckline is broken , you can enter now or wait for retest of the resistance area. On the daily we also printed double doji candles in the overbought territory on the RSI - pointing to bearish price action.
A strong trendline with multiple tests has broken to the downside for the Kiwi Should follow the Aussie Dollar (my previous post, up +70 pips on the the Head and Shoulders + trendline break) into this bearish territory Can be involved on the break, wait for a retest, or go to the lower timeframes for a bearish chart pattern entry signal Manage your risk
Price at key resistance on the trendline support Wait for break and confirmation to enter short
This is one of my favorite setups on the 4H Chart. We are looking for RSI divergence at extreme levels - must be oversold on both lows, and must have divergence. We then look at the fibonnaci inversion for entry points.
Potential head and shoulders forming on the bear flag
Wait for the retest of the trendline/resistance zone to go short.
Bear flag opportunity for short sellers and bearish continuation
Rising wedge with RSI divergence up against channel resistance, at fib levels.
Long on triangle support, targets at the resistance level, stops below previous lows.
Top of the down channel, 618 retracement of the Head and Shoulders.
Rising channel had a false breakout to the upside and we've now come all the way down to break and retest the channel & nearing the 200 EMA Solid location to start looking for short entries
Price experienced a false breakout above the sideways channel and we now have bear flagged downwards, I took a short position after NFP this morning , looking to retest the resistance level. Will add to position on a retest if bears take the level.
Chainlink touches 5 for the first time ever and pushes new all time highs with violent reactions to the level. Bullish.
RSI Double Divergence, Fib Double Extensions, and candlestick entries