US 30 is in the midst of a simple break and retest. Currently price has began to go long from retesting the Support line and consolidating for a period.
Using the MACD will give a good indication of a long prediction. Depending on what news comes about before 8 am tomorrow, US30 should continue is rise up to the next resistance line.
This EURCAD was a perfect Short opportunity. The Stoch, MA-RSI with Selling Volume all pointed towards a big sell opportunity. Conformation was further made with the closing of the long wick candle prior to the short. This setup should be screenshot and used for any future short on ANY pair
There is a good setup for a Short on USDJPY. At the moment price is consolidating but mostly due to the Fed Barkin speech. Majority sentiment says price will drop, But it is also sitting under a line of resistance and a pivot point of 136.174. Overall trend is still bullish but there is a window of opportunity to catch the short. Because we are sitting on...
Currently, USDJPY Sits under 3 sets of highs (1 month high 13 week high and 52 week high) in additino to that , both on the one hour and four hour the RSI Based MA is above 70, which is a perfect selling oppritunity combined with higher buying in recent history, creating a overbought opening session.
Even with the Scholastic RSI being at a very low level in the...
