Six of my algorithms signaled a SELL on April 13, 2021 for TPR on the 2 Hour charts. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first. Since the signal occurred at the open, the continued upward movement appears to have already hit the mark. This could mean it does not move higher until it find my projected...
In the case of CPRT, 5 of my algorithms signaled a SELL on April 6, 2021. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first. I really like this one because the RSI signaled SELL a few days prior and it is an early warning signal of near-term movement I have placed two red boxes and two green boxes on the chart....
Make Sure You Take Your Profits! $30k Is a Psychological Resistance. Don't Expect To Time The Top, Just Try to Get Close (Within 10%) Bitcoin Will Retrace Heavily Once It Breaks The Parabolic Trend! (40%+ Retracement Expected) A Pull Back and Bounce At 20k Would Confirm A Nice Support Resistance Flips and set Bitcoin Up For Further Upside.. Try To...
14 000 is psychological level. RSI is currently overbought and showing divergence. expecting big price drop. this idea is based only on TA and Indicators. Let's see (0_o)
pure strength play; overbought levels; look for some pull back on technical; not long term short
CADJPY sell Trendline analysis, supply and demand . Same trading tactics, take profit 1 and move stop loss to break even Trade at your own risk OANDA:CADJPY
Coming out of a ascending wedge pattern we see a very likely move to the downside. Accroding to all of the indicators we are moving out of overbought territory acting as confirmation to our wedge breakout when it occurs. Pending order set for breakout with two targets.
Yes it's a bubble; they burst, but when? Expected this week; surprise! Wedge pointing at 10/11 Dec to terminate; Retrace until 17-21 Dec? ' Going overbought; can get more bought: Money flow lessens, volume less; definitely a pullback in the near future, never know when, eh? Expect exhaustion gap at open Monday IMO. Just an idea, not advice; trade at ur own risk; GLTA!!
NZDCAD at Overbought Area Now. We have seen it is showing divergence condition In RSI and Momentum indicators. Anyone can find a sell signal from this area. Based on the candlestick pattern. Thanks.
The NZD/USD may be getting ready for a turn to the downside of the market.. My reasons for thinking so : 1) The price is at the upper trendline and we have been seeing consistent movement between the lower and upper trendline. 2) Price is at a significant resistance level the 0.6700 level 3) Stochastic Oscillator also showing signs of overbought conditions
C&H ought to move down soon from overbought to form Handle. This rally may be a first wave in an impulsive move higher, if so a 2nd wave retracement soon.
Hello everybody, in this special analysis, I see a nice opportunity that maybe Euro is weakness the trend!!! Because we could see a bearish season. Now, i share you my screenshoot for you, because we could see a possible USA recovery for the next days between weeks. First, we see in Daily that Euro is weakness boughts and we are in the strong resistance at...
NZDUSD is in the overbought region. time to SHORT it! Trade at your own risk ;)
You can see that selling on the upper red line has rewarded shorts in the past and I believe that this is a great short opportunity here - one of the best i have ever seen. We have got way over extended and fundamentally the price is just way too high for a this company, even with the 'shopping online' narrative that has been done to death. Overstock is the much...
Good Day Everyone Here's a long idea on the GBPUSD pair, overbought on many signals looking for a bit of retracement ( HL ) before continuation to ( HH ).. If you took this one target 1 was a success you can trail stop or adjust your sl to previous swing low and hold risk free on the pair lets see how it goes... Good luck and happy trading...
HELLO ALL, BACK IN MAY 23, I POSTED ON CADJPY MOVING HIGHER AFTER THE DROP AND THE PAIR ROAMING AROUND THE WEEKLY SUPPORT. SINCE THEN CADJPY HAS HAD A NICE BULL RUN. NOW THE QUESTION IS, DOES IT BREATHE AND RETRACE OR CAN IT KEEP GOING HIGHER. THE WEEKLY SHOWS THE PAIR MORE THAN LIKELY MOVING HIGHER TO ITS WEEKLY TREND LINE AT ABOUT THE 84.00 AREA, AS IT STILL...
OF course this is pure guesswork and sheer speculation. Maybe the ATH is already in on Friday. Although futurez are up as I write this, their fair values point to nearly the same prices we saw near the close Fri PM. I marked this chart idea as Neutral, although it's really short-term bearish and longer-term bullish, until it becomes Bearish again in 2020. A lot...
Hello Traders, This week the RBNZ will decide if they will hold interest rates steady after they look a 50 basis point cut during their last meeting. This shocked the market as they had forecast only a 25 basis point cut previously, therefore the NZD took a larger loss. This week the RBNZ is expected to hold rates steady, on the other hand, the RBA is looking at...