Re: MACD&RSI

1034
FTSE 100 : UK index :

Daily trend is clearly bearish ,, and every bullish wave is a correction wave until the downward trend line is not broken ,

H4 shows a little and not meaningful bullish trend ,,, RSI below C.L. ( center line : 50 )

H1 : price is moving in a up trend channel ,

I think price can reach to upper line of that channel , but it is a risky position , then move with a district money management !


BUY @ 7500---7485

STOP@ 7450

TP @ 7560--7580
Attachments
These users thanked the author macd & rsi for the post:
galaxy


Re: MACD&RSI

1037
EUR/USD :

In spite of green USD data , it seems EUR has launched a new bullish wave ,

The RSI divergence and the black lines on Chart show a north trend ,

Forex is Market of probability , and when H1 shows buy alarm I will buy

STOP @ 1.082 , TP @ 1.1( 1.0995 )
Attachments
These users thanked the author macd & rsi for the post:
galaxy

Re: MACD&RSI

1039
macd & rsi wrote: Thu Jan 25, 2024 6:32 pm EUR/USD :

In spite of green USD data , it seems EUR has launched a new bullish wave ,

The RSI divergence and the black lines on Chart show a north trend ,

Forex is Market of probability , and when H1 shows buy alarm I will buy

STOP @ 1.082 , TP @ 1.1( 1.0995 )
it is the second stop at EUR , It's better leave it and analyses the other instruments !
These users thanked the author macd & rsi for the post:
galaxy


Who is online

Users browsing this forum: No registered users and 9 guests