*BEFORE ENTERING TRADE WAIT FOR A CONFIRMED CANDLESTICK PATTERN SUCH AS BULLISH ENGLUFING FOR CONFIRMATION*
- EUR BULLISH - USD BEARISH
- 2 scenarios I believe that scenario 2 is going to happen
*WAIT FOR A CONFIRMED BREAK OUT AND RETEST FOR CONFIRMATION BEFORE ENTERING TRADE*
Strong bearish divergence and possible retracements to previous resistance areas or 200EMA for the short term but however still bullish on the long term on EURUSD and GBPUSD due to USD being very weak FX:EURUSD
*BEFORE ENTERING TRADE WAIT FOR CONFIRMATION OF A RETEST ON THE NEW SUPPORT LINE*
- Apple has previously broken out of the previous trading channel and has retraced down to the new support line and bouncing off from the major Fibonacci level of 50% and a perfect time to enter the trade as a long term investment or a swing trade - I have entered $122 and planning...
- Buy at $18 to be safe.*Enter trade when there is a confirmation of a successful breakout when it retraces back to resistance line* potential buy at $15.75 as well due to strong support from the 200 EMA or $12 at support line - oversold on stochastics = uptrend 🚀
- American airlines in a symmetrical triangle and starting to show some support and become an...
*before entering trade wait for confirmation after it breaks out for it to retrace to new resistance line.
- Rising wedge pattern formed and will break out down to previous support line.
- bearish RSI divergence = dying out uptrend and like to become a downtrend.
GBP/JPY has reached a re-occurring, strong resistance barrier and is likely to retrace back to previous support line of 137.100, Furthermore stochastics/RSI also show that it has been overbought and an bearish RSI divergence has been formed. Also a double top is being formed too, lots of negative stimulus for GBP - increasing likelihood for it to drop FX:GBPJPY...