Playing these daily divs would have rewarded the keen-eyed trader. want to see how it develops
Divergences on Volume and std RSI 14 ( daily and 4h). Last wave seems to be the third. On 4h timeframe crossunder between ema 9/33 ( backtested with good results ) usually makes starts to corrective down trend. Short on Crossunder EMA 9/33 (4h) Aggrssive strat Short on Crossunder EMA 9/33 (4h) + cross EMA 4/12 (Daily) Conservative strat.
Some new setting on the Oscillator Divergences Indicator. Fixed the label position when plotting on the price chart. Added option for EWS to only plot the currently developing divergence (if any). Added a bunch of presets. These can be when plotting on the price chart and all have the standard defaults. Presets RSI: Relative Strength Index MACD: Moving...
Currently above Demand zone EQ Bollinger bands tight (Price above median MA) // Due for volatility favouring upside Month long bullish divergence on RSI
Analysis: Correction ended mid August and accumulation has been going on since. The amount of selling in the 1500-1600 range represented capitulation of weak hands. BullFilter showed a bullish divergence from Late August until Sept 12, when the price action finally caught up. With some nice recent spikes in volume some upward price movement is expected in the...
Early warning system: This identifies a developing divergence and can be used to set alerts.
How to apply the Oscillator Divergence Indicator by JDLim to your favourite oscillator. 1. Like the script "Oscillator Divergences by JDLim" 2. Add your favorite oscillator to your chart. 3. Apply the "Oscillator Divergences by JDLim" to that indicator. 4. Confirm the correct input source is selected. 5. Trade well and donate if you become successful :) Link to...
DXY showing two types of bearing divergences. High Timeframe Hidden Bearing Divergence: Price made a Lower High while the RSI made a Higher High. Low Timeframe Regular Bearish Divergence: Price made a Higher High while the RSI made a Lower High. Low Timeframe also showing signs of reversal downwards with a possible H&S
DXY and USDCAD seem very bearish It's as if the DXY already completed the pattern we are currently seeing on USDCAD! The H1 Gap allowed me to enter a sell at the 1.29924 price point and as of right now 70% of my position has been secured. On WEDNESDAY June 13 we have a Supercharged New Moon and the Federal Funds Rate FOMC meetings (Forex Factory economic...
Hi all, Previously, I posted a bullish analysis on XVG where a regular bullish divergence could be seen on the 4hr and 1hr chart. Along with the descending wedge, I assumed a reversal would be possible, and reaching newer highs. I went long on the breakout, but soon realized that oscillators did not validate the price action. Although a bullish divergence was...
As most of you know, I focus a lot on volume analysis. I believe that volume precedes price and if there is a solid predictive method to do Technical Analysis it is through volume. However keep in mind every indicator lags in some kind of shape & form. The difference with volume analysis is you can analyze the actual supply and demand, this allows you to have an...
On Balance Volume (O.B.V.) 1. Introduction 2. Definition 3. Example 4. Conclusion 1. Introduction The On Balance Volume indicator (O.B.V.) is used in technical analysis to measure buying and selling pressure. It is a cumulative indicator meaning that on days where price went up, that day's volume is added to the cumulative O.B.V. total. If price went down,...
In monthly frame, we can see negative divergence and ending diagonal on RSI. BTC is not good for the near future.
Thats how work a divergence!
BNB/BTC is currently on a nice up trend comparing with BTC and its coin burn is just around the corner. It showed a bearish divergence and it may show a bullish one, getting its price back to 0.0016 range, where it found resistance twice and will probably serve as a good support. If this bullish divergence plays out, we may see BNB price retest its ATH and FOMO...
And a selling zone... Aditionally at the weekly tf the RSI is showing a divergence, so for me it is a good moment for short with my target at a Yearly pivot... make your own conclusions and share please...
eurusd divergence Short term target: 1.2280 Enjoy it