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EURUSD BROKE BELOW NECKLINE OF H&S PATTERN

TECHNICAL TOOLS
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator. Charts are analyzed from the Dukascopy4 trading platform.
EURUSD Weekly Chart
  • The MACD on the weekly chart is in the negative zone and falling.
  • The RSI is falling.
  • The Stochastics is also falling.
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02082018 | USDZAR

Hello, my dear friends and the fellow community members,
Today was British Pound's day with the Official bank rate decision. The Cable made a run high before losing more than 100 pips for the day. I took a long position in GBPUSD and GBPJPY and was out very soon because of the large fluctuations and was stopped out of my GBPUSD position whereas my GBPJPY position is still open. I am also currently long in USDZAR. I will keep updating if there is anything as of now I will keep these positions ope…
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Killer195175_reborn has published strategy aug_final

This strategy uses 100 SMA for trend direction and takes trades on
overbought or oversold conditions as analyzed using the William
percentage range. All the items are applied on the 5 minutes time
frame. Trade is opened at market rate with stop 300 pips and the take
profit level of 8 pips.
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