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- NotAtrader replied Dec 10, 2022
Just to support my view with a chart. The TF is D1. The chart shows a bearish RSI divergence not yet confirmed though and a sloping MACD. The circle shows a bearish rising wedge. The white thick moving average is a 200 EMA showing the price ...
- NotAtrader replied Nov 25, 2022
I am not sure. This is what I can come up with (see the chart below): The price can fall down to 0.6680-0.6660 and if the lower trend line gets penetrated then the next level would be 0.6600. On the upper side 0.6920-0.7020 The timeframe is H4 ...
- NotAtrader replied Nov 23, 2022
As posted earlier, and illustrated by a chart: url the probability of resuming the downtrend is high. The recent move up of about 90 pips might be just a retest of previous support 0.6640 which now is a resistance. Possibly after this retest the ...
- NotAtrader replied Nov 22, 2022
I tend to agree with you. 0.6600 is a strong level. However the chart below gives me another thoughts. What do you think? image
- NotAtrader replied Nov 12, 2022
Yes things point upwards for AUDUSD, but…….. Look at this W1 chart and pay attention to the three resistance/support points, the horizontal R/S level and the two bearish trend lines. As I said earlier, we need a sustained penetration above these ...
- NotAtrader replied Sep 12, 2022
Hi. Here is my humble opinion and view. A possible bullish breakout on a H4 chart after a bullish MACD divergence. image
- NotAtrader replied Aug 10, 2022
This is a tricky one. I will try D1 TF and it looks like that: image I see inverted SHS forming here, but the right shoulder may fall down to 0.6980 - 0.7000 before it resumes uptrend. Long term bullish target 0.72xx
- NotAtrader replied Aug 7, 2022
AUDUSD H4 Just my view. Not an advice. image I am not 100% sure yet, but this is my provisional view. The problem is - technical analysis are not very convincing nowadays because of strong fundamentals and geopolitical disturbances. However in ...
- NotAtrader replied Jul 30, 2022
AUD/USD H4 TF Bullish setup unless a bearish breakout occurs. All attention pointed at the RBA meeting next week. image
- NotAtrader replied Jul 3, 2022
There is a bullish divergence in H4 TF. It is not confirmed though. The PA together with both RSI and MACD are forming a bullish divergence which means not much for now until it get confirmed. The confirmation will happen if the price crosses 0.6850 ...
- NotAtrader replied Oct 24, 2021
I can share my view about the DXY. I have been wrong before. I may be wrong again. Make your own conclusion. image
- NotAtrader replied Oct 23, 2021
Alright… What have we got here?! This is a typical example of a hourly confirmed bearish divergence. RSI and MACD are losing power while the price almost fails to make a HH. The trend line connecting the support points is broken and penetrated ...
- NotAtrader replied Oct 21, 2021
And another one: Initial position + scaled position... image
- NotAtrader replied Oct 20, 2021
The first arrow is my initial entry at 1.3829. The second arrow is my scaled entry at 1.3817. Target still open. It depends on how the price develops. image
- NotAtrader replied Oct 20, 2021
image Open target. When the system tells me to exit, then I exit.
- NotAtrader replied Oct 20, 2021
You are not supposed to ask me questions because being on your ignore list, I am not available to you. image Anyway I was long all the way from 1.3768 and I closed at 1.3815. That makes 47 pips cash. And i just entered a short which I probably ...
- NotAtrader replied Oct 19, 2021
Divergences do not fail. They just don't get confirmed sometimes. A divergence must get confirmed before you make an entry. Cheers Here is an example of a confirmed divergence: image
- NotAtrader replied Oct 17, 2021
Very difficult to say. Technically it looks bearish, but the pivot area is just below the current price and it is ridiculously strong. My system just gave me a strong buy signal in M5 TF. It may be false but I have to wait for the confirmation which ...
- NotAtrader replied Oct 17, 2021
Daily view……. Just a view… image
- NotAtrader replied Oct 6, 2021
Just like pointed out Support becomes resistance. The resistance is retested followed by further downfall. Easy money… image