Identifying moves on forex, like the AUDUSD and EURUSD, is easier with the Traders Help Desk indicators for Trading View. The techniques we use incorporate support and resistance with average true range and combine these powerful indications with basic divergence and overbought and oversold markets. The All Inclusive Membership package contains all the indicators plus live coaching with Gail on Tuesday, Wednesday and Thursday.
This morning there are two examples using the Traders Help Desk indicators in Trading View. One example is on the AUDUSD and the other example is on the EURUSD.
The AUDUSD 240 minute chart is testing an area of resistance and potentially forming a bearish candlestick pattern. The 15-minute chart is also showing trend divergence on the Stochastics with a magenta peak, confirming a downward move.
On the EURUSD 240 minute chart has formed a magenta peak on the ADX with the Stochastics oversold. This indicates that price should go up and test for resistance and, if they find resistance, will return to take out the prior low.