rbussey1

rbussey1

way over bought, heading south for a bit

rbussey1

When i see confirmation of a bounce from the channel, i'll be going long.

rbussey1

Compressed on the rsi daily, just got through a trend too. North for a bit.

rbussey1

Previous idea for a bounce off the trend did not work. Trend has now broken on the weekly. could be a bit quiet this week (or even move up a bit, as it's very oversold on lower time frames) , but we should start seeing more movement south when/if it refuses to get back in to the trend.

rbussey1

Bouncing off the H4 RSI, and in sync is bouncing off the trend.

rbussey1

EURUSD is coming to the end of it's RSI Flag and Candlestick falling wedge. Candlestick and RSI in absolute sync. I'm feeling bullish, but i have seen falling wedges on EURUSD end up bearish in the past... please leave youR opinions below!

rbussey1

EURGBP has just touched the top band of the RSI, looking for a bounce. SL at 0.881. Happy Trading!! R.Bussey

rbussey1

Candles have compressed into a falling wedge pattern over the past couple of months, and the RSI has also compressed but into a flag pattern. Technically (correct me if i'm wrong), this looks and feels extremely bullish, and could blow at any minute. Fundamentally though ( again, correct me/educate me where i'm incorrect), i feel the euro hasn't got enough support...

rbussey1

The channel it's approaching has been pretty well respected. But, there is one swing low, and it's massively overbought on the 80 RSI. this is a chart i've only just started working on, so thoughts an ideas would be greatly appreciated. Happy Trading!

rbussey1

Please see my previous post on XAUUSD, rejected near enough to a Tee. could see a test of this area again. 3-4 month rising wedge also broken, should be seeing a nice down trend form shortly. Happy Trading! Russell Bussey

rbussey1

weekly candle has bounced currently but we still have a few days until close, a close above would signal reversal back up, close below would be a possible signal to sell. please share your thoughts, happy trading!

rbussey1

Rising wedge has been broken, but with a dojo daily candle close and following red candle. looking to see a pull back k to the bottom lone of the trend, then follows a push up to the 1350-1360 mark (major resistance level for several years) , before a real push down. Daily RSI has been tested a twice now, third times a charm before this push down. Good...

rbussey1

Falling wedge Broken

rbussey1

Falling wedge on the CHFJPY 4H chart, looking to long. Will update with target if/when the wedge is broken.

rbussey1

Daily RSI is showing a rising wedge, Which is flagging up as bearish, and Fridays daily candle just about closed back into the 2.5 months worth of range we only just broke out of. The question i have, is what trend are we going to hit?? P.s, please excuse the messy chart....

rbussey1

Gold's been moving sideways for the past week after breaking through a strong uptrend channel previously. Looking Seriously overbought on the daily RSI too (which has also been trending upwards, and now the trend has just been broken). Looking For it to short to the bottom of the channel again within the next week. feel it could move up to 1292-1294 before...