1.Daily MACD hidden divergence and zoomed to H4 MACD hidden divergence. 2. HH, HL formation. 3. RSI is Overbought. 4. 50% Fibonacci Retracement. 5. Strong daily resistance zone.
In this example I show you one of the ways I use to trade in a 4hr timeframe. The idea is to first wait for ema cross, and then wait for at least 2 retracements, after retracement, open a position and place sl below or above the previous retracement depending on your position. The only downside to this strategy is you might miss a lot of other trading...
CYPER PATTERN + 5-0 PATTERN: TP AT AB=CD PATTERN; OR 0.886FIB RETRACEMENT IF THE TP GOT BROKE. GOOD LUCK.
Short set up/entry reasoned from: - high test bar close - resistance at ~2.1470 - trend line resistance (4th test) - rejection around 50 ema - 50% retracement and close below - oscillator bearish hidden divergence entry - below low of high test bar stop loss - above high of high test bar target - at previous low or lower (after break of and close below previous low)
If prices closes as a low test bar by the end of the trading day, the price of WTI could continue to rise over the near future. As a signal of bullish momentum, in addition to a possible low test close, price will have had to close above 47.00 after a retest of this level. Support is also seen to be occurring at the 20 and 50 ema where the 20 ema could cross over...
a short rade starting to take shap with condition alying up : pa fail at the 50 percent retracement of the last leg down , rsi already starting to show divergences , we will just wait on the recent trend line to be broken to enter at martket ! dont hesitate to step by our group :https://www.facebook.com/groups/sp500warriortraders/
Ichimoku proving a bullish bias, pullback looking to bounce off 50 DMA which aligns to previous resistance and a recent attack of support.
After getting stopped out on a weak gartley pattern , I decided to give it one more try with a butterfly pattern that is a bit more solid. I have my buy in at the current market price of .0157000 and OI have my stop just below point X. My limit is placed at the 1.618 extension of the BC leg giving me a roughly 2:1 risk reward ratio. I also have a linear regression...
Possible flag breakout. Price left lower bollinger to find nice support on the 50 dma. Looking for a breakout to resistance 6.50. Stop at 5.37
Background: This pair shows a nice uptrend and we currently came to an halt at a very important key level @185 ,which is the 50% retracement level of the downmove from 2007-2009, price reacted at this level but we didnt rejected it , ie. price is holding its gains thus far and forming a range, where the resistance is @185 and support is a former broken...
In Bolting RS lines screen. Closing in top of range for last several weeks, near buy point of 145.10. MF breaking positive, MACD turning positive. Shallow enough base 11%. Margins and Sales growth are a bit lacking. Earnings estimates have been revised down, and are low at 14%. Harman Intl Industries (HAR)NYSE 04/20/2015 (Market Close) IBD Stock Checkup...
A successive cycle imitating the 3 drives pattern is in formation on the EUR/GBP 4 hour timeframe. Stochastic divergence, usually leading to a deeper pull back in a trend, has given the following confluence for the resumption of an in trend phase to the downside with price pulling back into: resistance at 0.7290; 50 and 20 ema; 0.618 Fibonacci level (very...