To introduce about the highlighted zones: Zones are the potential reversal point where its calculated with fibonacci... if any of these zones were followed by a nice candlestick reversal pattern, backed by RSI... its very well an entrance. .
Thank you
Hello Dan2boy,
What is your opion on divergence (RSI) generally?
RSI Divergence only gives u an indiion of a potential change... but PA is now king. .Originally Posted by ;
You cannot solely base on RSI divergence as your own entry, which will sometime gives a huge drawdown before you start profitting.
Look at this chartand yes it support your rsi divergence point of view
Using these techniques will Provide you a higher Chance of Transactions being at your side and profit the Majority of the Moment
That is just another LIVE illuion
I Believe this two Case gives u Readily 60pips profit
thnx for your Penetration
Daily point of fascination: Past 1.1206 as major resistance, if neglects to split it will then possibily form a daily bat battern all how to 1.0880 degree as major aid.
Note: (Actually price in the range of 1.1120 - to 1.11206 area, any reversals could also indie the 1.0880 degree )
A breakout from 1.1206 degree would indie a n uptrend movement to 1.1360 degree
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