Here's the one I like for Sunday.....so far.
G/U
The weekly has a real pretty double top that it looks to be finishing up...the downward shoulder!!! The Stoch and RSI are starting to turn on the weekly. There's a doji on the daily chart that tapped the main trendline. The next candle isn't bear yet though it's lower....we'll see on sundays open.
The trend line on the stoch looks like it will continue down....also the rsi and TDI. Divergence against price!!! Look at the stoch, tdi trend line
A nice triple tap on the 4 hr that broke through a little. It bopped the main trend line above it a bit ago.
If it breaks through 1.5815ish it could be a 300 pip move.
I'm thinking if it turns down hard at sunday's open or a bit after (1.5950 ish)....it should be a safe 75 pip move. P.S. just added...7:00pm eastern - there's news. Be careful until after about 8:00pm.
I'm going to wait for it to recross downward over the trend line with a some bear price movement on the 15 min. The 1 hr TDI is crossing green over red. 1 hr Stoch moving down. Could be a move a couple hours after sunday open or at london open.
Entry about 1.5934 to a TP of 1.5857 for about 75 pips. You could enter now if you feel risky ...for 100 +. I'll wait. I may go for 50 pips....there's a trend line under the price....it's not listed. It should produce 50 pips...if it's broke...many more. 50 or 75?????? any thoughts???
This is not a home run yet. That's why I'm waiting for price movement and such.
4hr chart listed.
G/U
The weekly has a real pretty double top that it looks to be finishing up...the downward shoulder!!! The Stoch and RSI are starting to turn on the weekly. There's a doji on the daily chart that tapped the main trendline. The next candle isn't bear yet though it's lower....we'll see on sundays open.
The trend line on the stoch looks like it will continue down....also the rsi and TDI. Divergence against price!!! Look at the stoch, tdi trend line
A nice triple tap on the 4 hr that broke through a little. It bopped the main trend line above it a bit ago.
If it breaks through 1.5815ish it could be a 300 pip move.
I'm thinking if it turns down hard at sunday's open or a bit after (1.5950 ish)....it should be a safe 75 pip move. P.S. just added...7:00pm eastern - there's news. Be careful until after about 8:00pm.
I'm going to wait for it to recross downward over the trend line with a some bear price movement on the 15 min. The 1 hr TDI is crossing green over red. 1 hr Stoch moving down. Could be a move a couple hours after sunday open or at london open.
Entry about 1.5934 to a TP of 1.5857 for about 75 pips. You could enter now if you feel risky ...for 100 +. I'll wait. I may go for 50 pips....there's a trend line under the price....it's not listed. It should produce 50 pips...if it's broke...many more. 50 or 75?????? any thoughts???
This is not a home run yet. That's why I'm waiting for price movement and such.
4hr chart listed.