AUDNZD is currently at 90% Long Sentiment and currently at 1 hour & 4 hour strong support. Setting Stop Loss below previous low and aiming for 1:2 Risk / Reward
GBPUSD has bounced back a couple of times from its hourly support. BXY is slightly bullish and DXY is bearish at this time. Expecting to continuing its bullish run for at least a while today. Taking a short term long trade to benefit
The bearish parallel channel has been broken on 1H timeframe. Looks to be going bullish now. Trade safely with breakout of previous Lower High.
There is no RSI divergence observed on the bearish trend that has been formed after the double top on 1 hour timeframe. BXY is very bearish at this time while AXY is rather sideways. The above Confluences indicate a trend continuation resulting in a short opportunity. Trade with stop loss at the preivous lower high.
A bearish divergence has been formed indicating a reversal of the current bullish trend. Trade safely by entering on the breakout of the current higher low.
A Double Top with Bearish Divergence has been formed on this pair. Trade safely by placing a sell stop on the breakout of the higher low with stop loss just above the double top resistence.
A double top has been formed with bearish divergence indicating reversal of the current bullish trend. Make your trade safer by placing a sell stop at the breakout of the tested support level and stop loss at the previously tested resistance. Risk : Reward = 1:1
There is a good chance of the current bullish trend continuing since there is no divergence observed. Lets see if it does at the popular Fib Retracement at 0.382. Potential opportunity to trade from the bottom at this level with a buy limit order.
A double top with bearish divergence has been observed on this pair, which provides a strong evidence of trend reversal. Will the trend actually reverse ? Safe entry should be to trade with a sell top of the breakout of the previous Higher Low.
DXY is slighly bullish today while ZXY is very bearish. A bearish trend is observed for this pair with no divergence, so it is likely to continue. A sell stop on the breakout of Lower Low should hopefully result in a good trade.
This pair has been trending bullish for quite a while now. However a divergence has been observed which could trigger a reversal. Market sentiment is short at this time as well. Placing sell stop on breakout of LH would be a safe entry into this trade.
A bearish divergence has been observed as merked on the chart, which indicates a reversal of trend from bullish to bearish. Trade with sell stop at suggested markings with a 1% risk / reward.
A bullish trend is seeming to form on this pair with no divergence observed. Trade with buy stop on previous Higher High with a 1% risk - reward. Suggested trade parameters have been marked.
A bearish divergence is indicating a reversal of the bullish trend. Trade with a sell stop as marked on the chart with a 1% risk - reward.
A bearish divergence was seen in the area marked on the chart, which has played out. Now this pair is forming a bullish trend. It is recommended to trade as a buy stop, with a stop loss set on the previous lower high.
EURJPY - Continuing bullish trend with no divergence observed. Trade with Buy Stop
Divergence observed on bearish trend. Possible reversal to bullish. Buy stop at breakout of Lower High
A bullish crab has been observed, which indicate a potential reversal to bullish trend.