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Re: MACD&RSI

macd & rsi, Fri Apr 24, 2020 5:02 pm

macd & rsi wrote: Wed Apr 22, 2020 4:10 pm Let's take a look at the Australian dollar chart !!

weekly : bearish . absolutely !!

daily : waves , up and down , but bearish stronger than bullish !! and a nice reaction to 61.8% fibo level .

h4 : shows a bearish scenario !!

h1 : If system trading shows sell signal , an strong one ,, so

SELL

STOP @ 0.6410

TP @ 50 ,,, 100 ,,, 0.6210 ,,, 0.6010 ,,, maybe 0.555,,,,,,
H1 did not show an strong alarm for long or short . Now , I bought it just based on H4 , market at lower time frame is very uncertain .

Stop @ 0.6270

TP @ 0.6440 ,, 0.6560 ,,,,
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