Spotted this short trade for GBPCAD. Prices are consolidating & respecting my key levels. We are in in this trade. Good luck. Sell: 1.63438 SL: 01.64194 TP: 1.62131 RR: 1.7R "Simple doesn't mean not profitable" Stay focused my friend. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please...
AUDNZD pairs is approaching my key levels on the higher timeframe. I am waiting for a bullish divergence that may form and my confirmation. I will update this post once I entered the trade. Follow me to be updated on this trade & more divergence ideas.
RSI Positive Divergence in hourly chart indicates that Nifty can regain 18690
The second video related to fib pullback and Rsi ind. It's important to : 1. identify your tend 2. set the trend line 3. use RSI and Fib to take sell trades
The RSI is forming a bullish divergence on the weekly chart for Bitcoin, we saw previously at the ATH and the prior high before that, formed a bearish divergence on the weekly chart and resulted in the current bear market that we are in. Therefore, the bullish divergence on the chart above may cause a significant upward movement on the price of Bitcoin, although...
Ceat tyre was in uptrend however stock on weekly chart was making multiple wicks at higherareas. the stock was trading near earlier resistance. The RSI indicator suggested heavily overbought with above 2 things into place. also along with this there was a lower high formation too! indicating supply !
Bullish Indications 1. Higher Highs and Lows 2. Good Momentum Green Candles 3. Formation of ABCD Pattern 4. Currently Price is at Good Support Level 5. Bullish Flag 6. RSI Good Indication 7. Price nearly touches 0.5 fib level Bearish Indications 1. Double Top Formation
a monopoly stock, with great returns in a year, is the greatest thing to have. a detailed analysis is written down: firstly , the red trend, is the original trend past corona crash. now since the markets had become bullish post corona crash, it has formed a new trend, and that is drawn by dark black line. the red line resistance, has now become support of...
this fall could take a bit more time, then drawn on chart, but from chart we could clearly see that nifty energy is overvalued. in all time frame, the rsi currently is at 60, the average, or the mostly rsi being in the chart is around 50. although, it has been falling, and yet following a triangle pattern. there could be a downside, fall. the dark black line is...
Voltas is forming divergence, however not as strong as desired. But it gives a good buying opportunity for positional trades here. I will buy 25% of my intended investment for Voltas here and keep buying if new lows and divergences found. But, I wont buy and just hold what I have bought if it moves up from here. There is no stop loss, as I will keep averaging for...
Hello everyone, let's take a look at the 4H UNI to USDT chart as you can see that the price is moving below the uptrend line and we are still below trending as well. Let's start by setting goals for the near future that we can take into account: T1 = $5.53 T2 = $5.72 T3 = $5.89 T4 = $6.04 and T5 = $6.26 Now let's move on to the stop loss in case the market goes...
GBP/USD is in a bullish trend. Price action is currently testing an important resistance zone. The Bearish Bias is based on the following confluence: Horizontal Resistance Zone Rising Resistance Bearish Divergence on RSI (1D, 4H, 1H) Trade safe. Hit like & follow for more analysis.
I've been anticipating the nest of lows (Hurst Cycle Analysis) since the beginning of November and thought we hit it at $166.19 on November 22nd. (Obviously not.) Turns out that bears have been on the right side of history (near-term history). Not saying we're 'going to the moon' but a rally seems to be due for two reasons. 1. RSI bullish divergence (yellow...
Hello friends, I hope you have a good week ahead. In this analysis, I expect a short-term upward swing in VETUSDT because of RSI Divergence, which has moved up to the EMA to begin with, and looks like it will return to previous support. Because the main trend is neutral at the moment, but the EMAs are going down. what is your opinion? In the long term, I only see...
Bearish Indications 1. Lower Highs and Lows 2. Three Black Crows on LH 3. Significance Resistance and support area 4. Head n Shoulder Reversal Pattern 5. 0.6591 and 0.66903 fib levels restest on 1D TF 6. Significance Bearish Divergence Bullish Indications 1. December Remains positive for the last 3 years There are more bearish indications so I will open a short...
- as you can see the XMR formed a huge falling chanel at daily time frame but .. - there are rising wedge formed inside - also divergence defined: CCI, MOM, MACD, RSI (source macd histogram) - before breakout of falling chanel we maight see back movement to middle of the channel or lower (the 0.5 level of Fib is near 139)
A clean trade on US Dollar vs Japanese Yen was taken on December 5th and here is it's full breakdown: We see an example of Drop-Base-Drop market movement. We took a Base of this movement as an Supply zone and went into shorts with the goal at the local low, because: 1) Fibo discount level (0.62) 2) Clean supply zone 3) Correlator DXY was showing short signal...
For the first time in years, we have witnessed a diversion in Bitcoin's RSI, which could possibly mean a huge reversal in BTC's price. Here is my point of view about this: This is the RSI Multi-Length, which is a type of RSI that varies its length. For simplicity's sake. I’ll be referring those as just RSIs, because they behave as an RSI, just a bit...