**Stochastic RSI:** Stochastic RSI is a momentum oscillator that measures the level of RSI relative to its high-low range over a specific period of time. It is an indicator designed to identify overbought and oversold conditions in a market. 1. **Stochastic RSI Formula:** \ \ where RSI is the standard Relative Strength Index. In this context,...
: 1. **RSI Crossover Strategy:** - RSI Length: 24 - RSI Moving Average Length: 150 In a typical RSI crossover strategy, traders often look for signals when the RSI crosses certain thresholds (e.g., 30 for oversold and 70 for overbought). In your case, with a length of 24, you might consider buying when RSI crosses above 50 and selling when it crosses...
**Strategy: 50 EMA + Heikin-Ashi + Stochastic Oscillator** **Indicators:** 1. **50 EMA (Exponential Moving Average):** It helps identify the overall trend direction. 2. **Heikin-Ashi Candles:** These modified candles provide a smoothed representation of price movements. 3. **Stochastic Oscillator:** It helps identify overbought and oversold...
Here is the TrendCloud Trading Analysis of BABA. If you are looking to be a buyer and accumulate this stock then here is an edge you can use. All 3 charts are in a downtrend and momentum is also down. This is very powerful and we can not start buying yet. Take a look at the demand zone coming up on the daily chart. We can look for trend reversal patterns...
DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT...
Kaspa's daily chart recently made a hammer candle after almost reaching a 0.618 fib retracement, implying a possible reversal. However, is this a time to buy the dip or will this keep going down? Current lows on the daily RSI correspond with previous buying opportunities.
Welcome Investors, Dear Esteemed Viewers, Technicals Today's the 30 of November, and EUR's uptrend suffered a breaking. Technically, it means the downbreak of the rising dotted purple trendlines. This technically important price action aligned with a bearish cross on RSI and a bearish daily candle. The target price of this bearish setup is about $1.082, and...
The analysis done here shows extreme complacency in the market which is indicating a top could be forming. When everyone is bullish you have to be worried.
Hey Rich Friends, I think AUDUSD has the potential to continue to sell, here is what I am looking at: - Candles entering and rejecting the supply zone - Momentum is low but not yet below 0 - STOCH facing down, no longer overbought and the orange line is above the blue line. Pending orders are recommended. SL will be above a previous high and TP below...
MRNA is far too oversold and beaten down. I've shown past 4 examples of selloffs and the rally that follows. Expecting a 40%+ rally from CMP over the next 2-3 weeks
Hi Traders, Investors and Speculators of Charts📈📉 I'll be making a series on altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑 CQTUSDT Covalent : SOLOUSDT Sologenic : And SYNUSDT Synapse on the front chart: ...
USD JPY tapped into the strong resistance and watch the video to understand how to trade it
Bitcoin hit 25.3 for the third time. Everytime we touch it we went up.touching 25.3 for fourth time could result in losing the support and going lower Thanks for all your support.
Here in this post we have discussed one simple strategy which we can use for swing trading.
I have used the MACD indicator to illustrate the dying momentum in the nasdaq. They have been the clear leaders in this bull run from Jan 2023, but that's now come to an end.
In this video I've shown how extended the Dow Industrials as well as Dow Transports are. This type of overbought setup has consistently marked tops in the past so I am currently bearish and waiting for a correction to play out over the next 4 weeks. I am expecting an approx. 10% drop in the markets before going long
Break of structure on the downside. Bearish confirmation. Stoch is facing down, crossed below the 50% line, and the orange line is above the blue line. MOM is facing down. TP 1 HIT +40 PIPS TP 2 is PENDING but it might take a while. On to the next trade for me.
Buy at Market Execution or Buy Limit at1.27050 or Lower SL: 1.26650 OR lower (40 pips) TP 1: 1.27450 (40 pips) 1:1RR TP 2: 1.27850 (80 pips) 1:2RR 1. Candles Are Above The 50 And 200 Emas: Bullish Conditions Met 2. Mom Facing Up And Above 0 3. Stoch Facing Up, Above 50, Blue Above Orange Result: Pending Please Do Your Own Analysis And Use Proper Risk...