EURUSD is in the Supply Zone, the price action is slow and corrective phase. Watch for close above the previous bearish bar for long buy @ 1.07000. As also we can see the macd bullish divergence on 4hr timeframe. Trade safe with risk management. Happy Trading.
Divergences, whether bullish or bearish in nature, have been classified according to their levels of strength. The strongest divergences are Class A divergences; exhibiting less strength are Class B divergences; and the weakest divergences are Class C. The best trading opportunities are indicated by Class A divergences, while Class B and C divergences represent...
Bullish Indications (BIASED LONG) 1. Morning Star Formation at the Point D 2. Bounced back from major support which was tested before 2 times 3. Bullish Divergence 4. Bullish AB=CD Pattern found 5. Price will go up for correction Bearish Indications 1. Lower Highs and Lows 2. Price will continue its bearish trend if it breaks the support level
Bullish Indications (BIASED: LONG) 1. Higher Highs and Lows 2. Tweezer Bottom is found on Green Support Line 3. Price gives significance of 0.236 fib level as well as Higher TF Support 4. GBP Index is Bullish & DXY is Bearish 5. The previous 3 December was bullish 6. Bullish Divergence on 1H and 2H TF Bearish Indications 1. Break Trendline 2. Red candle is...
Channel formation has been found in 1 Day time frame of BTCUSDT and the Bullish Divergence can also be seen. Which can result in the Bullish Trend.
Hello traders. As market open again tomorrow, here is a trade idea on GBPUSD. on the H4 and H1, the price makes a lower low while the RSI indicator makes a higher low, forming a regular bullish divergence as seen on the chart. Also a spinning top was formed on H4 TF which could indicate bears are exhausted. Thus, we can make our entries around 1.32331 (or lower),...
A hidden bullish divergence has been spotted on USDJPY H1 TF as price made a HL and the RSI indicator made a LL. Also, on the daily TF, we can see price is in an uptrend as price keep respecting the 100 day EMA. However, on the H4 TF, price has formed a double top which might indicate price shooting down, therefore we shall use a tight stop. We will go...
Falling Wedge + Triple MACD Bullish Divergence + Institutional Rebalancing for 2022 = TA Porn
As it stands price is currently at EW4 which made a move up with a Bullish divergence to test the highs of 1.30056 before closing with a bearish trend bar. What i'm expecting is that price may pull back/corect to 1.27766 which may confluence with the middle level of the Andrew Pitchfork before rally up to complete EW5 or potentially start a sub wave on the lower...
In this technical analysis, I want to concentrated more in H1 and H4 timeframe. So firstly, remember that we have bad news of USD pars and so, this morning USD agains CHF is loss very loss. So, firslty, I want to show us my panoramic so what USD/CHF are: In monthly we are into the bullish channel, but, if you going and how US Dollar has been devaluated in the...