Bullish Divergence
Observe the Bullish Divergence on the 1H frame. I think this iws a sign of BUY trade soon.
i.e. Price making LL and my indicator making HL
Lets hope so
Staying Out
Thanks Sive for your wonder analysis.
:confused: Don't you think the best option now is to stay out till after the Interest Rate release?
That's just my personal opinion, Because right now, technical may be out of play to forcast the direction of the market.
nice one there. Just wait till RSI14, MACD, ADX all turn bearish before entering not forgetting to monitor your Moving Average indicators.
Still waiting and following sive's advice.
WR or W&R: Wash and Rinse - specific price behavior, that usually includes stop licking or short-term breakout process above/below resistance/support areas. Appearing of W&R increases probability of price moving in opposite direction. Just keep on observing in the next 30mins. Chk ur 15M chart...
Hi Sive, I never take a trade daily until I read your analysis and compare it with mine. It has been a success for a while now. Thanks for the good job.
All hail ''Sive The King''
''Sell from 1.3770-1.3790, target 1.3560, stop loss above 1.3810.''
1.3560 has been hit and surpassed. Sive, Thanks a lot for your guidiance;)
please sive, can't open the zip. Are we on downtrend or uptrend? Think a simple answer will help than openning the zip folder Cos I can't view the video.
thanks sive..... don't know how to appreciate. I just made a cumulative of almost 400pips on this signal analysis with ur ''bread and butter signal''. Thanks a lot bro... wish I had ur kind of indicators... love u sive.
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