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Re: MACD&RSI's Trading

macd & rsi, Thu Jun 06, 2019 4:34 am

macd & rsi wrote: Thu May 23, 2019 6:39 pm USD/JPY :

H4TF : RSI near the bollinger band and C.L50 ,, 50% fibo retracement , bearish weekly and daily EMA21 ,,

Weekly TF : brown bullish trend line ,,

based on the fibo extension , technical wedge pattern , brown trend line ,, 107.50 is very high probability zone .

May be it will take more than two months for price to reaching target : 107.50

IF system alarm sell signal : STOP @ 111 , TP @ 50 , 100 , 150 , ..... AT LAST 107.50.
OK , USD/JPY : price became nearly close the 107.50 target ,, which has been shown on chart .. ma be we have a correction wave ,,
GOLD : I think it has a correction wave to 1300-1305 ,, 61.8 fibo level .
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