MACD Bullish Divergence, Oversold Stochastic, Oversold RSI, and the MFI is rebounding from Oversold territory after hitting a 1.13 PCZ of a 4HR Bullish Shark I will be longing and targeting the 50 percent retrace from high to low and expect to see the AUD potentially continue it's downtrend after hitting the 50% retrace to confirm a potential Bearish 5-0.
MACD Divergence, MFI Overbought, and Momentum tilting downward. We may see a Pullback from these extended levels down to 1.072. Stoploss at 1.09
ETH in the next few hours will probably react strongly to this level
Targeting slightly below the 21SMA for this one.
USDNOK long to level 8.51600 .. Nice bullish divergence on the MFI .. Good luck..
While doing my daily search for possible trade options i found that among my many short alerts had a common trait. 5/8 Short alerts were all REITs. Now I'm not saying real estate is gonna crash or to prepare for another 2008 crisis however it appears that most ASX REITs are overvalued from a technical standpoint which opens the idea for a potential short. These...
Seek Limited is an online employment platform actively used in Australia and Internationally. With the pandemic and the massive slashing of jobs the recovery of covid greatly benefited Seek and is shown through the company share price reaching an all time high again. However to see Seek's future price movement we should look at Technical Analysis as they both...
Harvey Norman is a popular electronic and household appliance branch in Australia however despite profit levels and steady insider buying some data outlines HVN may be due for a correction. Based on Fundamentals HVN has both negatives and positives. Positives: --> High returns despite covid-19 as Australia retail sales dropped 1% --> Steady insider buying ($1.1...
Based on last week's charts, BTC has reached more than 2,000 pips twice as the result. I had BTC long but obviously it dropped. But with my easy strategy, I am covering both ways incase any situation like this happens. Too simple man! Simple Price Action strategy that covers both buys and sells so you can never miss an opportunity. Remember small losses for those...
Basing from my previous chart on BTC, it has hit TP 1 for a grand total of 2,000 pips twice. Making it a total of 4,000 possible pips. When price crossed resistance I placed a buy and since then it hit tp 1 for a total of 2,000 pips. Later on price went all the way down to new support line and price was then rejected. Afterwards, price went bullish once again...
Nano has consolidated and currently volume dropping off. MFI made a higher high and rising again. Should enter our next Fib zone. Looking to sell at the $7.40 level. This one moved fast in the last bull market, and I expect the same this time around. Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
Basically No update... We closed yday where we opened on 11/9...
XAU locked between two Red trend line as u can see on chart the blue support area avoid xau from a downfall and now its struggling to break the resistance trend line if look at the RSI with 42 Candle Sequential u can observe that the downtrend is over for a while and price trying to reach higher levels if the red trend line above the price broke and price...
From the chart we see that a 1.27 extension of a recent impulse wave down hit with perfection. Coupled with bullish MFI divergence its probable that if the recent low holds TLT is getting ready to reverse to the upside. It is recommended for safety to look for a bullish trigger before entering long but with a pre-defined stop-loss/ exit level entry Monday may be warranted.
The stock has come out of downtrend and pushing towards the upper range Currently buyers exhaustion ( retracement ) can be seen --> MFI also started decreasing --> expecting price to come to red zone than continue its push to the 240 target range Trade Setup : When price comes down to 215 Level --> SELL PE option which has value of 5rs ( possibly 205,200)