BankBushBeast

BankBushBeast Updated  Jan 14, 2020

I see the price is forming a strong support zone in the same level. This refers that this support zone is potentially strong for a short term. Moreover, there were 3 occasions where prices reversed at RSI around 40. Hopefully, this time the price will be reversing and go up trend in a short time again. Cheers, Trade with care

BankBushBeast Updated  Jan 14, 2020

Since 1st Nov 2019 until now, there were 3 times price bouncing regarding the RSI(14) at level of 45. There is a potential that the price possibly bounce this time. Besides, the price is above MA200, basically we are following the trend. Trade with care, this is just my opinion sharing to you guys ! Cheers

BankBushBeast Updated  Jan 14, 2020

Short MA(20,50) start moving uptrend, signaling that more people started buying. Previously, the price broke ascending trend line twice, and the price started going up rapidly. Thus, we need to wait and see whether the price breaks the trend line or not. If the price breaks, then we follow. For someone who are afraid of missing the trade, I share my thought in...

BankBushBeast Updated  Jan 14, 2020

We are in the support zone, hopefully that 2 bounces from the past will be happening again this time. Trade Idea 1.) Rsi - set up similar to the past patterns 2.) Macd - Signal crossed and 3.) RR 2.5 Note; Trade with cares !

BankBushBeast Jan 10, 2020

Reason 1.) Price reversal at 0.83 tells me that some big volume is buying at this price. 2/) SMA20 starts showing some strength in an up trend. Note; Long term is still in a downtrend, thus trading should be cautiously monitor or SL. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole...

BankBushBeast Jan 10, 2020

AUDCHF seems to give a reversal signal regarding the RSI and price pattern. In my point of view, AUDCHF is still considered as a downtrend, thus trading opposite the trend should be done in a short period of time, "Hit and Run". Reward/Risk is about 1.5, which is still convincing. !**Disclaimer**! the content on this analysis is subject to change at any time...

BankBushBeast Updated  Dec 16, 2019

28/11/2019 Set up 1.) Close > MA(200) 2.) MACD cross , MACD > 0 3.) Candle shows buying power 4.) Breakout flag ### possible "BUY" SL - 81.208 TP - 88.661 RR - 5.32 (keep trailing...)

BankBushBeast May 30, 2018

Trading IDEA RR 1.76