If you have followed or seen my other recent SPY charts you'd know that I have maintained a bullish outlook in the face of a primarily bearish sentiment that has seemingly permeated the hearts of most traders... It seemed like a reversal was coming in the usual manner but the bell tolled and we barely moved, however (as I said in the usual manner) it began to...
Positive divergence and oversold. Price likely to rise especially due to DXY high chance of pullback. Buy the breakout or at 1247. TP 1299. SL 1229
Hi all, Here a new High Probabilit y Trade Set Up with a good Risk to Reward Ratio. Negative Trend is broken. Price find support in the Zone and is making a higher low now on the 2Hour Chart. Positive Divergence on the Indicators show a Possible Change in Trend. Support: 1.035 - 1.0305 Resistance: - 1.045 - 1.048 - 1.053 - 1.056 - 1.073 - 1.076 Entry...
The EURBRL comes into BIG Support Zone. The RSI Indicator shows Positive Divergence. Big Support Zone around: 3.50 Fist Resistance zone is around: 3,95 Second Resistance zone is around: 4,50 Go Long after the price breaks the red line. This gives confirmation higher prices will come. There is a good risk to reward ratio. First Profit Target is around ...
Traders, UPDATE: Well done to my signals members who took my trading plan with this one, we still continue to see good upside and good profit. Expecting some upside off of nice bullish momentum. We have had a nice morning star signal on the sideways support trend line, and a great Fibonacci ratio confluence support ceiling underneath the level, making the level...
Keep an eye out for a possible inverse head and shoulders. If the inverse head and shoulders pattern completes and price breaks above the neckline, then there is 2.20 upside potential, which is the distance from the tip of the head to the neckline. So if the price breaks above at 11.80, then the pattern suggests a price target of 14.00. If it breaks out, watch...