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Re: MACD&RSI's Trading

macd & rsi, Tue May 08, 2018 9:45 pm

Let's see what we have at USD/CAD's chart :

first weekly time frame : a powerful bearish trend line , but bullish bbsqueeze and everything is green .

second on daily time frame : everything are green . OK .

H4 : we have a resistance broken area ,RSI is bullish , and engine of bbsqueeze getting on ( dark green and dark red ) a signal for buying . I show it on chart .

based on bbsqueeze's system , we should have a buy limit above the EMA 8 , 1.2925 ,, and take profit is +50 , +100 , +150 . final price is 1.31 which is the bearish trend line area . stop is below the support area .
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