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.
Its showing reverse head & shoulder so we put order type buy stop at break of neck line with below instructions REVERSE HEAD & SHOULDER BUY STOP ENTRY PRICE: 143.469 STOP LOSS: 141.021 TP1: 145.937 TP2:148.400 RISK REWARD 1:1
Its showing double top so when neck line breaks we set order type sell stop with the following below instructions DOUBLE TOP TRADE TYPE SELL STOP Entry Price: 1.48266 Stop Loss 1.52613 TP1:1.44021 TP2:1.40051
Its showing double bottom so we gonna take entry when neckline will break with below instruction DOUBLE BOTTOM SHOWING Buy Stop : 1.08045 Stop Loss: 1.06551 TP1: 1.09392 TP2: 1.10717 Risk Reward 1:1
EURUSD BEARISH Signal on 1 Hour Chart FAKEOUT RSI MACD DEVERGENCE.
After the bottom in May of 2022, the price gapped up and broke through its resistance in $550. Then formed a base to digest this move before continuing its trend up, this was my signal to buy as it broke out above $636. After that it didn't follow through and its RSI signaled weakness so I sold. I don't like to hold positions that aren't going anywhere even if...
according to the chart we can see the rising wedge pattern also price is in strong resistance (1950) and we have a divergence in 4H time frame on RSI FOLLOW AND SUPPORT FOR MORE
Quick BTC/USD analysis of the last few Months: Looking at the Price and the Relative Strength Index (RSI) Convergence/Divergence: From Tuesday 13th Sept 22 until Saturday 5th Nov 2022 we had Convergence with the Price and RSI which indicated a reversal was most likely on its way. Price = HH - LH (Higher High - Lower High) RSI = HH - HH (Higher High - Higher...
From a study last year identifying RSI patterns during major market crashes. All hypothetical but I saw an interview today where someone said they were confident all is fine, saying banks are "too big to fail". Let's hope so. Best, Hard Forky
Not sure if some one saw it , but.... as you guys can see by the yellow line , we have a strong divergence in RSI at this moment. Bears may take the control anytime.
The price near ascending channel support of 1280--1320 and also there is RSI Bullish Divergence on weekly and daily timeframe. We seen a good correction in price an now price forming strong base to go upside. If price respects the channel support than than price can go upside for the targets of 1435--1500-1600 in next trading sessions.
Hey, fellow traders! I'm keeping a close eye on CAD/JPY as it looks bearish and could potentially head south. In my technical analysis, I've spotted a trendline and RSI divergence that could indicate slowing momentum, along with a sweet continuation pattern in the price action. If we break the key "support/resistance area," the pair could drop as low as 97.5....
Check out my last analysis about bitcoin, it gives you great vision about what's going on. clearly there was an impulse wave as i counted in the chart and now the correction is happening but this but this correction is going to take a little bit more time to finish . I demonstrated a authentic supply zone in the chart. You can start buying when the downtrend...
USD/CAD create nice strong impulse to the upside but now is time for correction and if the price create candle formation from Fibonacci na 4th trendline touch I will buy.
This Analysis is just for Educational Purpose...... Titan is showing Positive Divergence..... Bullish with SL around 2339.90.....
Nifty 50 showing bullish signs.... Also Bigger Picture trend is positive.... Divergence Positive..... SL can be Kept near 17640... Just for Educational Purpose.....
OANDA:USDCAD Bearish Engulfing Div in USD CAD 1 HR TF.
Hello and welcome to this analysis Stock has made a bullish Harmonic Gartley and in this process has also made a double positive regular RSI divergence. After such a sharp downfall stock has done a couple of candles in a consolidation zone and now could rally till 1600 with a smallish block near 1525, as long as it does not breach below 1380. Good risk reward...