Hello to everyone, As we can see there is a Bullish divergence in RSI & PRICE on daily timeframe . This is indicating that price has not much momentum to go downside. We can expect a trend reversal in Dixon. The price consolidating in a range from last few days. As per the theory of range, the price will go to the side on which the breakout occurs. But here...
Natural gas made a stunning rally to an all-time high, only to come crashing back down again. It's been a while since we last covered natural gas, so let's take a look at what's happened since then. The previous technical & seasonality setup played out perfectly with the RSI bouncing off the low and the rally into the winter season, hitting our profit...
After a considerable wait, the bullish bat pattern has finally been completed, indicating a potential buying opportunity for traders. However, conservative traders may want to wait for the candlestick to close at 1.2463 before entering the trade. On the other hand, I took a more aggressive approach and entered the trade today, given the presence of two...
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...
OANDA:XAUUSD Hi , Trader's Our last Gold Target Hit , We are trying our best to provide you simple and profitable analysis Now market After Hitting resistance Bow reverse to it's pivot area . Buyer's are buying Gold from Pivot point as Gold is safe heaven for investment 50 EMA also supporting GOLD , Increase in volume can make price volatile ❤️ Please,...
RPL/ USDT 3h Binance pair Shows Long Position , Because Relative Strength Index reverse after touching 30% lowest bar mostly Time Frames Shows Long Position According to RSI expect of 1day . if you have any other idea about RPL please share your idea.
This code includes various input parameters that users can configure, including RSI and MACD periods, RSI overbought and oversold levels, MACD timeframes and signal period, and stop loss and take profit levels. By using the input() function, users can easily change the values of these parameters through the script's settings/inputs, without needing to modify the...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 I'll be exploring a few scenarios for a potential Bitcoin bottom. In today's analysis, I make a use of Technical...
On the Philips chart (PHIA - 4h timeframe), We can see the price is currently oversold. The price is approaching a support area and is probably going to bounce off. Enter and leave the trade at the level defined on the chart. The three indicators used are Bollinger Bands, RSI, and Stochastics. All these three indicators are confirming the oversold...
AR Sits at the 886-1.618 Confluence Zone of the Bullish Shark and is quite oversold on the RSI and the CAI is triggering. It failed to bounce at the top of the PCZ but if we can get back above the 1.618 then the trade could still live on even if just for a quick spike up. This would kinda go against the down move in BTC and ETH but i'm just identifying the...
To those who trade based on currency correlation, this is one setup you have to look at. On the surface, the NZDJPY and NZDUSD both have a Bullish Shark Pattern on the 1-hourly chart, but if you look closely at the 4-hourly chart, you will be able to see the future of these two pairs differs from one another. On the NZDJPY, the Shark Pattern is more direct, in...
The overall trend of GBPAUD is a Bearish Trend. You must know that the bearish trend is pretty strong with the current market condition. However, there is a counter-trend trading opportunity; a bullish bat pattern has been completed, and at this moment, it is having its retest. You can wait for a 3-bar reversal pattern before engaging the trade.
To all the crazy supporters of USDJPY, your chance to long this pair has come in an aggressive setup. So why is this an aggressive setup? The market has not reversed back to 143.09 to give further confirmation of the market movement. If you are a Bat Pattern Trader, you should know that. I'd take this on an aggressive approach; remember to place stop-loss below...
A bullish crab setup with RSI Divergence could be encouraging for counter-trend traders. However, you must be aware there is a potentially Bullish Shark pattern on the daily chart. Despite that, I will wait for buying opportunity at 0.6104.
GBPUSD is on a bearish run; I know counter-trend traders are waiting for the opportunity to engage in the trade. You have to be patient; wait for a 3-bar reversal before engaging in the trade.
ETH has been looking particularly strong throughout this relief rally, but I'm expecting resistance around $1750-$1800. This is a strong historic support/resistance level, and we can expect short pressure to pick up and long pressure to drop off substantially here. So a break above this level would tell me the bulls are back firmly in control. It's also worth...
COINBASE:BTCUSD Right now, we are currently testing a $17,000 - $19,000 weekly candle support on $BTCUSD, while the 14 week RSI oscillator is oversold (<30). I'm hoping that by the close of the weekly candle, the RSI and candle for this week will either: Ex1. Close above the $17-19K support zone AND above 30 RSI or, Ex2. Close below the $17-19K Support zone...
If you are looking to ride on the wave on the daily chart, either the late entry of the ABCD Pattern or engage the trade based on Potential Head and Shoulders setup, your chance is here. When the market opens wait for candlestick confirmation at 1.2369, the Bullish Deep Gartley Pattern. This is a counter-trend trade move and might inverse the Bearish Shark Pattern...