Possible Bat Pattern lining up with major resistance on USDJPY. Due to resistance level - it may behoove one to get in front of the .886 slightly depending on trade management methodology.
GBPJPY possibly setting up .786 levels of both a Gartley and Cypher pattern to be traded from same X point.
Ascending Triangle pattern on 1H Chart. NZD/USD and USD/JPY both in immediate term uptrends on their 1H timeframes as well which should provide minimal pressure from bears to hinder NZD/JPY from going higher should the pattern provide a buy signal with a break above most recent highs. Measured move for profit target comes in very cleanly at next resistance level.
A close below the neckline on a Daily Head and Shoulders pattern should take EURUSD down to next support level <1.1400. Head came on strong MAC-D divergence. Weekly Chart's momentum also trading in bottom range of bollinger bands and a .382 Fib retracement from that chart's most recent leg higher would fall right at the 1.1400 level as well.
Divergences on double bottom with OBV and Mac-d along with volume spike showing institutional interest.
Bullish momentum divergence seen here on AA after a kiss off of trend line. Today brought buyers back in to close above yesterday's highs signaling our long entry - this also came on higher volume than our most recent low day. This area also was seen as previous support back from early last year which should act as support for this to be a nice little move higher...
Clear bullish momentum divergence being seen on SD with a pin bar yesterday that occurred on above average volume. Looking for SD to move back to $2.
Momentum divergence on PEP setting up to take PEP back towards mid 97s.
Coming of triple divergence, Pandora has stabilized and today has broken previous highs of the 24th which came on above average volume through this congestion period. Momentum did not put in a lower low to go with the gap down, and we should see P try to retest 18s.
RIG is coming of divergence that sent price breaking resistance with momentum confirming the move higher by also making higher highs. RIG has since pulled back to a .618 retracement. I am looking for price to move past its most recent leg higher and test the 127 projection of this leg. With stops placed below the most recent swing point low, this trade offers a...
TZA coming out of triple momentum divergence. We have 2 series of consecutive higher lows on both the mac-d histograms and signal lines. Also, the signal lines have crossed to go along with a price confirmation close that occurred today above Monday's high. Since we ended the day down from the opening price, I am waiting for price to break the high of today to...
NUGT has put in a .618 retracement after triple divergence led it to break previous resistance with momentum confirming the break. Our decline was not a sharp decline at all hinting that this was price taking a breather on somewhat lighter volume. I am looking for price to continue to its 127 projection with stops underneath previous lows.
TLT coming off triple divergence and a break of previous resistance. You also have hidden divergence on this pullback providing a nice entry at around a 50% retracement of this leg.
Triple Divergence seen on 5 min chart. We broke first resistance level and have retracement for entry long to retest initial point of divergence. Healthy Risk/Reward trade.
Seeing very prominent bullish momentum divergence coming on a double bottom for MDR. All systems are go on the Mac-d signal lines, histogram, and RSI to try for a long position to retest the $3 mark which is at the nearest level of resistance. We saw above average volume each of the last three days which included a small pin bar followed by a price confirmation...
Bullish momentum divergence on Mac-D signal lines, histogram, and RSI. It is coming off some support as well and we saw big volume come in to stabilize it on the 14th.