Watch out shorting this pair. A false trendline breakout is highly possible despite the fact that huge divergence is in play. Sell the breakout of 1-hour timeframe. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals...
ABC with huge divergence on the daily (MACD), gives highly potential for price to decline substantially and impulsively. ABC on 1-hour gives an aggressive entry. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and...
The last move up will complete the first bullish impulse with a fake out close to trendline. Continuous divergence on the MACD will potentially drive price to the support area of 200 Moving Average, before the move up. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your...
Bitcoin is obviously starting to flatten out and lose momentum. The MACD is showing bearish divergence; Bitcoin's price is rising, but the MACD isn't getting any higher. That means that there are not enough buyers left to push the price anymore. The lack of buyers is further shown by the declining volume. Each sequential spikes in price had less and less volume,...
On the daily chart, MACD and price have diverged nicely. On the weekly, stochastic is showing oversold. We are also at the .618 fib level from 52 week high. I'm going to call bottom between 52 and 54 before we start recovering. Also 35% retracement looks similar to February of last year. OIG subpoena is only related to one customer and will have a small effect....
MACD divergence with a drug approval coming at the end of the month and has a potential buyout coming.
according to the MACD divergence we could take a long position to targets that marked. good luck
The former sees Celgene at $115 en route to filling the $109.25 gap. The latter sees Celgene test $121.70. Supporting the bear case: 1) Emerging broader market bearishness 2) Triple top on XBI daily + MACD bearish divergence 3) CELG weekly and daily charts turning lower + MACD bearish divergence + chinks in the quarterly fundamental story + persistent...
Exelixis has come to a stop after many months of upward movement, it is now consolidating around 52 week highs, and I am looking for a short opportunity on a large pullback. Reasons: - Class A bearish divergence on the weekly & daily chart (RSI, MACDL) + Acc/Dis (Daily only) - Accumulation/Distribution line has dropped below the 9EMA on the daily chart. The...
From the looks of the MACD I am seeing that this pair is going to give us a move to the upside.
Hey fellows, here I am waiting for the break of the trendline on this pair for a confirmation to enter short on this pair. MACD is showing another move up so trade with caution.
Looking from the H4, there is a rising wedge, and also MACD shows divergence. It's a nice to prepare a sell setup for this pair. Stop loss above 0.78. Trade carefully.
Very simple setup here on GBPCHF. Look for short positions if price gives a good reaction at the top of the current pattern.
Hey guys, we have a reversal pattern forming here on EURGBP also with some extra indications that are influencing an up move. On RSI there is an oversold condition and MACD we are seeing divergence. Good luck and safe trading to you all
Wondering what you all think about this, double divergence between RSI & MACD, stochastic dropping, TP at latest swing low... nice RR... thoughts?
MACD & RSI Divergence, definitely losing momentum, looking for a sligh pullback and then short... thoughts?
MACD , short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s. It is supposed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price.