Desceding wedge with Bullish divergence on the MACD as shown on the Daily,
profits will be taken at the 0.5 Fib retrace level from previous all time high to current lows
This an additional update on the DXY Bullish 3 dives pattern I posted several weeks ago; It would seem that Not only has DXY Bounced from the PCZ of the 3 dives pattern but has also broken a it's equidistant channel and has broken out of a falling wedge visible only on the daily and weekly charts with triple MACD Daily Bullish Divergence!
I'll leave all my...
After a huge retrace down; DMS is showing triple MACD and RSI Bullish Divergence on the Daily.
I would fully expect to see it bounce from here and possibly test it's last high and maybe beyond.
My stop will be below it's lowest low.
EOSUSD is bullish on multiple timeframe:
price above averages,
golden cross
hidden bullish divergence on daily
bullish divergence on 4h time frame
price is testing the averages before pumping
MICRO on the left , currently in a broadening descending wedge with bullish divergence on the MACD
MACRO on the right , with the measure move after potential break out to the upside.
Mixed signals on this ,
Primary wedge ( white ) got broken but failed to rally due to lack of buyers, Head and shoulders pattern created from a secondary impulse up after break out , sending us to lower levels, secondary descending channel has been created where price consolidates in at the moment,
RSI on Daily shows class A bullish divergence, I was originally...
Good Entry for a little swing
Biot tripple bottomed and tripple bullish divergence on the RSI.
Trading inside a descending wedge for the last couple of weeks that signals that price action sending the price north is due .
Loading on the long position for Natural Gas, being trading in the descending broadening wedge for a while price gives first signals of bullish divergence on the MACD and the RSI on the 1H timeframe , a signal that we gained some value on these levels and buyers are coming in .
LTC/BTC pair shows bullish signals.
Breaking out of a descending channel we were in for the last couple of months,
While in that channel MACD daily gave strong bullish diverge signals.
If price manages to stay above 0.007 BTC it will head towards higher levels .
Taking profits out at 0.5 fibo from 0.012171 high to 0.006061 low which is at 0.009084 BTC and...
Afternoon traders,
Enjoying this setup in Canadian dollar versus Japanese yen and the ascending channel which the pair have been in since mid May. We have had higher lows in RSI whilst price has been setting new lows pointing to a bullish divergence signal for the pair to move higher within the ascending channel as per our trading view chart.
The setup allows...
If you're anything like me, as a trader you likely have a traded instrument that is kind of favourite. For me it is the FOREXCOM:UKXGBP mainly on account of the fact that I cut my trading teeth on this index. So if indices are a part of your portfolio, this could be a profitable opportunity.
This index (like many others and the Equities they derive their value...
- Breakout of the channel on the H1 showing price structure being taken out and supporting this bullish sentiment.
- Bullish divergence on the H4 using stochastics implying the bearish momentum coming to a halt and that we are in the mist of seeing a reversal after testing the lows of 1.1450.
- Clear rejection of the weekly support level on the D1 with a long...
RSI Bullish Divergence on the H1.
Price action consolidating above the major daily support level of around 1.2900 and awaiting a breakout most likely to the upside.
Uncertainty can be seen on the candlesticks, dojis and spinning tops with small bodies, suggesting the rejection of this support and a potential bullish move to 1.3000 as the first target.
Trade setup...
We did it, we hit the target of this big channel, around 8,9k as the logically support like i already mentioned and bouce as the 1 hour TF shows the bullish divergence signs on RSI.
Now, we are likely to test some resistant, before the next ride to 10k on this big upward channel.
The first resistant place at around 9250 dollar.
I'm happy to help you out there to...
