CUMMINSIND Weekly & Daily Chart showing bearish divergence between its PRICE and RSI.
Price is trading at all time high price. If price forms any negative price formation or bearish candle than only we can expect god fall towards downside.
CMP -- 1600
On the chart, we can see an inverted head and shoulders been broken.
The current level is being tested, and we therefore expect a pullback to the neckline, where we will take our entry.
William Alligator implies continuation to the upside, after expected pullback.
Stop-loss, target and ROI are shown on the chart.
Good luck!
Bitcoin has been in reversal since DEC 17 and now look at weekly chart THE RSI LOOKS OVERSOLD (lowest since 2015)
the chart looks bullish too in the long-term.
Accumulate when Thor hits his hammer
Hey guys, after a big down day today, I wanted to take a look at the chart again. The inverse head and shoulders is still intact. I really want to see the RSI trendline keep that incline slope.
If it doesn’t hold RSI tendline, we may head all the way to oversold conditions, which could be several dollars below here if we don’t get a significant rally. Also, It...
The price action is telling me that the next macro swing-downward, probably the last leg-down of this cyclical bear market is igniting. Now, after a retrace of the "thrust-false break" to the weekly supply in an greedy extensive wave v, the shape of this retracement triangle is indicating a reliable reversal point. On the other hand, the bears are slowly taking...
NSE:RBLBANK
Stock showing good reversal , can give huge return if monthly RSI crosses 70.
can be invest at cmp.
invest at your own risk, this is just for educational purpose
Hey traders 👋
Let's keep it simple here, RSI and BB indicators are showing a bullish sign to us which resulted a breakout of structure. We see a good potential to grow here! Waiting for good entry!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial...
Hey guys 👋
IOTX coin is going to be the first coin of the day. Where currently sitting just below that resistance we see a good potential for a short position here. BUckle up and let's go!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors....
Its shwoing double top after idnetifying bearish divergance in RSI
TRADE PLAN
DOUBLE TOP REVERSAL
ENTRY/SELL STOP: 1696
STOP LOSS: 1831
TP/PROJECTION:1559
RISK REWARD 1:1
Hey guys 👋
MATIC/USDT is another one that caught our attention today. Currently on the edge of breakdown we see a good chance for this coin to show some bearish movement sooner this week. Buckle Up and let's go for a ride!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team...
On the chart, we can see a rising channel occurring for FSLR.
It has been ranging between the levels for almost 3 quarters.
We expect that the price will stay in the channel for a while.
You can buy at the lower boundary of the channel and exit at the resistance, which is the higher boundary of the channel.
Invalidation of this thesis would be if the price closes...
The price trading at Lower level and there is RSI BULLISH DIVERGENCE also on weekly chart which indicating that price has not much momentum and strength to go further downside .On the daily chart, the RSI indicator is also close to crossing below 30, Signaling overbought conditions.
👉 RSI DIVERGENCE does not confirm that the price will reverse but divergence...
On the chart, we can see a falling wedge.
Breakout has already happened, so we will enter a long position.
RSI is showing bullish divergence, and therefore we have confirmed a long position
The target will give a ROI of 14%
Good luck!
18% to be made on daily timeframe if the support holds today
1. RSI DIVERGENCE Daily timeframe
2. Strong support Area
3. 3 to 1 ratio buy opportunity
Entry , SL and TP are shown on the chart.
Good luck
P
* 𝗧𝗵𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘀𝗵𝗮𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲. 𝗔𝗹𝘄𝗮𝘆𝘀 𝗰𝗼𝗻𝗱𝘂𝗰𝘁 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵.
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