Price has continued to make lower lows on the monthly, while the stoch & MACD indicators have continue to rise, which should imply bullish divergence. Interested to see how it plays out. If you assume price will hit the kijun-sen on the ichi moku before rejecting thats a ~1080 point movement.
It's early to tell if this is a SHORT TERM reversal for this gorgeous fledgling stock. In long term months it may go up. In the medium term it may go down. in the short term it may go up. It's trading lower today. I have it going down on the daily and weekly chart. However on the 4 hour it looks like it MAY be reaching NEAR relative bottom/support. It went v...
Urban Tea, Inc. engages in the specialty tea product distribution and retail business in the People's Republic of China. The company offers tea-based beverages, including fresh milk tea, fruit tea, milk cap tea, etc.; light meals comprising salads, sandwiches, pasta, steak, burritos, and other healthy options; and pastries consisting of fresh baked bread, fresh...
Luna is showing divergence on both the stochastic and rsi, possible bearish reversal, or consolidating period.
NASDAQ:GRVY Hits a key support level: The support level is : 1) Related to a previous top 2) 0.786 Fibonnaci retracement 3) At the 89 period moving average 4) The trendline since October 2020 I am getting long at this level: 1) We have a stochastic hidden bullish divergence 2) The company is growing it's earnings per share 3) The general market is going up 4)...
GBPUSD has pulled back quite a chunk after hitting the monthly trendline and right now we are sitting on the 200 Day Moving average and also holding just above 0.382 Fibonacci retracement from an all-time low in march Next week will be an extremely important week for GBPUSD since the pair will either bounce back to levels above 1.28 or drop below the 200 Daily...
Last week has been a strong rally for EURUSD free-falling from 1.187 all the way down to 1.161 on Friday closing But is the pullback finished? There is evidence showing us that the pullback might be coming to an end On Friday US market opening EURUSD has broken the last support and making a lower low but stochastic is making a higher low which a stochastic...
Currently the trend is upwards. Price and oscillator momentum is readable to an extent. We can expect the price to fall below support line. RSI is indicating opposite highs and lows. Hopefully we can track more here.
COMP is currently testing daily, golden retracement and trendline support which I suspect is going to hold considering the hidden bullish divergence signal on 4H stochrsi which usually signals continuation in a trending market. Declining sell volume on this drop in confluence with major support and hidden bullish div makes me boolish at least for the short...
Hello my friends, I just found an interesting setup to trade right now. CADJPY formed a bearish divergence exactly below the 81.50-70 resistance. This is a strong resistance in my opinion and a bearish divergence exactly at this point might push price go down. Sell CADJPY 81.20 Stop loss 81.95 Take profit 1 @80.40 Take profit 2 @79.70 Disclaimer : I've sold...
1. Volume has died as we approach the dynamic resistance at ~9850 2. 4H stoch is oversold and prime to reverse 3. 4H stoch has hidden bearish divergence 4. Visible Range indicator shows point of control (lots of liquidity) at ~9520 5. 55 EMA @ 9550 is next obvious support I'm shorting. Entry: 9820 Target: 9550
For me its an engulfing bear with stochastic divergence, i.e. loosing momentum. Wait for confirmation candle or the 20EMA to breakdown. Watch out fundamental news too, this is only technical analysis. The profit you gain or loss is not responsible to me.
* Retracement to key support at .618 + if it holds and bounces great opportunity for longs - otherwise if it breaks a short opportunity arises * Market Sentiment is overall short Contrarian pov to long * Stochastics are oversold on 4hr but not so much on higher timeframes + expecting it to make one final impulse before any major correction.
Hi Traders! The market is in an shortterm Uptrend. In the H4-Timeframe the price is in a downtrend. As you can see, we here have some reasons on why to sell the market USDCHF: Reversal Zone The first reason is the reaching of the Reversal Zone (orange Box). This area is a barrier for the market, because there are lots of Resistance Levels in it. Bearish...
1 hour chart shows a possible buy setup. Based on elliott wave principle. Wave 2 is ended with W-X-Y structure and nicely touch the 0.786 fibonacci retracement level. The price need to break peak of X wave to validate the counting. Plan Buy if break 1050 stop loss at 760. This idea is also supported with bullish divergence on RSI and stochastic. Cheers & god...
See also my previous analysis, examining historical behavior and confluences with indicators. + Fractal based speculation of how far down the index might go.
Massive increase in volume for a month. Bullish divergence on RSI, Stoch, MACD. I was in around 700 satoshis, but posting this trade here around 710 satoshis. Entry: .00000710 (now) Target 1: .00000805 Target 2: .00000955 Stop: .00000619 I am putting my stop way down at the what would be the all time low on the chart...giving freedom for further divergence...