Pika7993

Pika7993

We are a major support level that can be easily observed in the day chart. With technicals in play I sentiment a pivot. MACD/SIGNAL have crossed and are moving sideways towards 0 line while RSI made a sharp pivot out oversold zone (hence the high volume we just saw). RVI diverted towards 0 line which will increase volume and momentum. Take profit 1 at first key...

Pika7993

Presented is a technical sell set up. MACD/SIGNAL have crossed and headed for zero line while RSI breached 0 line to continue towards oversold zone. RVI is set to make a parallel cross through 0 line for continuation. Take profit at key support 0.70000 with stop loss above current resistance. Safe sell entry with a close out below .71500 Please comment with...

Pika7993

Another explosion for London breakout. Presented is a 1 hr analysis. Take profit at 1.5700. I am hoping with MACD/SIGNAL cross enough volume with generate to push RSI further out of oversold zone while RVI crosses through zero line. Stop loss presented on chart. Please comment with thoughts and ideas. Thank you.

Pika7993

Don’t miss out on the way to our key resistance of 1.67500. With a the MACD/SIGNAL cross confirmation along with RSI and RVI crossing through zero line we just caught a huge explosion of volume. Stop loss presented on chart. Please comment with thoughts and ideas. Thank you.

Pika7993

Presented is a buy analysis with the 1 hr chart. We see continued support along 1.74800. With the MACD/SIGNAL cross at a key trading time (London Session open) near I sentiment this to be a pivot off support. RSI is rising out of oversold zone and gaining momentum while RVI is curving into a cross and then through zero line for trend/volume confirmation....

Pika7993

Presented is a 1 hr technical buy analysis for XAUUSD. To start we can see our EMA’s initiating a potential reversal. First we can correlate the MACD with our EMA’s. The MACD/SIGNAL lines have crossed and are just below the zero line to sentiment a cross. Next we correlate the RSI which is resting below a key resistance at 55.00. A breach above sentiments buyer...

Pika7993

Presented is a technical directional analysis based off the 1 hour chart with some fundamental sentiment. While the MACD/SIGNAL have crossed and made its way up through the zero line, our MACD/SIGNAL on the four hour chart are initiating a cross right below the zero line. I mapped out a bottom trend line serving as a potential base for an ascending channel....

Pika7993

We see continued rejection around 1.92800. Indicators are checking off for a sell off too next support line at 1.91100. MACD/SIGNAL have made a cross and are near 0 line breach. RSI is heading further into oversold zone. Overall strength and sentiment is in seller control as we are entering a crucial trading time zone (2am-3am) where we generally see big...

Pika7993

While AUD is gaining some strength we are seeing bottom support as presented on 1 hr chart. With trade I will wait to enter with a MACD/SIGNAL 0 line cross. We can sentiment a potential long term trend based off RSI and MACD/SIGNAL sideways movement. Take profit 1 at 1.07400 and take profit 2 at 1.07700. Stop loss below support. Please comment with thoughts...

Pika7993

Presented is the one hour chart. My sentiment is a drop out consolidation for a sell off. My entry point is a breach close out below presented support. MACD/SIGNAL is near 0 line for a cross while RSI is in a drop. First TP at 1.5260. Continuation through for TP 2 at 1.52100. Please comment with thoughts and ideas. Thank you.

Pika7993

When I first got a niche for FOREX the first thin I noticed was huge pivots with any given pairs at 2/3am (Ideal trading time for Asian session). That being said along with the knowledge of this key pivot time, my RSI and MACD indicator correlate immensely with these pivots. This idea is an example. Presented is a 1 hour chart buy analysis for EURCAD....

Pika7993

We finding reversal off support 1.91500 for uptrend continuation. Our Indicators are moving sideways along with our trend off support. MACD/SIGNAL have made a cross through zero line while RSI continues towards overbought zone. Take profits are at established pivots at 1.93500 and 1.94100. Stop loss below support. Please comment with thoughts and ideas. Thank you.

Pika7993

We had a scary dump below 50K only to fake out and return right back into the respectable trading zone. This was a one time opportunity for buyer to load up at 48 K to shoot for 60K. Presented is a one hr technical analysis. We see confirmed support with a pivot at 51900.00. Our MACD/SIGNAL are completing the initial cross while RSI is popping out of the...

Pika7993

Finally we have a clear reaction at a key support retest (90.00) that being a high volume pivot as expected. Although DXY dumped 90.00 has been an established support with DXY previous momentum. Correlating pairs to DXY such as USDCAD have matched major support retests as DXY. Our indicators with help confirm continued momentum off our support pivot. MACD/SIGNAL...

Pika7993

Welcome to my second trend angle analysis for GBPUSD. Previous trend angle buy analysis was a huge success. Presented is a 1hr sell analysis within an ascending channel. Within my set chart dimension the trend angle sell off top channel resistance is around 21-22 degrees. Given continuous pattern I sentiment a bottom channel support retest which lines up with our...

Pika7993

Generally we see a picot at this support retest. Seemingly we see this in play on the four hour chart. MACD indicator checks as MACD/SIGNAL are finding common support and not looking for an initial cross to pursue the 0 line. RSI is making a huge sweep out of the oversold zone as a strong pivot begins. I mapped out a consolidation zone within this level that...

Pika7993

Welcome to my second analysis using the trend angle tool within an ascending channel. This strategy intrigues me as I trade largely dependent on patterns and price action. Presented is a 1 hr chart with an inner bottom support that serves as an early pivot with the main bottom support beneath. Furthermore our top channel resistance correlates with the ascending...

Pika7993

Note: This is a fun/practice analysis using the trend angle tool within ascending/descending channel patterns. Do not take this trade literal. Presented is a 1 hour chart. We can scope out an ascending channel patter as presented. Using the trend angle I calculated a 50 degree angle ascend to retest top channel off the bottom channel retest in play. My take...