DislikedI am new to the thread and would like to thank everyone who has contributed so far to make this a success. With that being said let me take a stab at this and see if I understand the process correctly. So here is AUDNZD on the H4 TF. Looks like we had a close above the 21 and hit resistance at the 365. Now just waiting on a candle close below the 21 (which we are close to getting it appears) and then we can go short to the 89sma. Also there seems to be a RT on the macd. Again I am new to this so any correction or thoughts are appreciated Thanks...Ignored
In this case the averages are almost all on the side, so the macd is more useful.
I see a very clear head-to-shoulder, as there is no tendency, I should make a table between the averages, now going to 200.
When you close below the average of 20 and make a ladder, it may be a good time to sell.
Looking for the candle stairs and not the queues.
My guess..
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