OZRK in falling wedge paired with positive divergences in RSI and MACD
FOSL looks primed for a pop here out of an ascending triangle into gap. Price currently above all but 200 dmas. Positive divergences shown on RSI and MACD. MACD cross zero line to upside, while RSI holding the 50 line.
A close inside the cloud (through resistance) is a very bullish indicator. A close above the $51 neckline in the cloud would give me further confidence that price would propel to $60 w/a pit stop around $54. ~$67 would be the ultimate bull target based on the flat kumo. Cloud taken together with MACD , RSI , and stoch , Technicals collectively is mixed. MACD...
EURNZD Bullish Divergence on the 4hr chart. I have entered a long trade, since break & retest of trend line.
Crude bullish divergence in H1 RSI #WTI #Crude #USOIL might go back above 47 US$ before further decline into lower 40s...
I looks promising USDJPY. RSI also indicate a divergence level base on support. It should break the 20MA in order to step to our 2nd target. MACD also signifies a cross which means a buy signal....Initial target will be 105.77 followed by 107.21...Cutloss below 103.58. Goodlock Traders!!!
Chart says that selling pressure has already gone. I shows also that strong support under 1.41 to 1.42 level is still intact, we are expecting to hit the all time high if this support level will hold until EU referendum on JUne 23. Goodlock traders. Happy trading ...
Support & Resistance, MACD Histogram Bullish Divergence
Bullish Divergence, RSI Support & Trendline Resistance
Bullish Divergence, RSI Support, Trendline Resistance
As you all would know, I missed the big drop on the pair after being spiked out of my short. (See related ideas) Now after all this, I am going long for the reasons below : - Completed a Bullish Shark Pattern - Forming a falling wedge (bullish indication) - Bullish Divergence on the RSI Breaking above the falling wedge would be a powerful indication that the...
Double Bottom; MACD Bullish Divergence; RSI Support & Bullish Divergence
Its very rare to squeeze out very good risk reward ratio's while trading with cyphers. Even sometimes we may have faced situations like inverted risk:reward in cyphers. But we have rare chance, where the bearish cypher on NIFTY 50 offering risk reward 1:3(approx.). Cyphers D leg in Nifty is now on par with X. As all conditions of cypher is still valid its good...
DXY bounce from 94 / 93.5 bullish divergence RSI LONG
Not finding any of the usual patterns. An equal distance A-B-C-D terminates at 155.165. With RSI divergence; Buy 155.65 with targets at 156.70 158.00 159.13 (3.6:1 reward:risk) (A Stochastic RSI lower than 25 would be ideal and its current levels indicate potential for moves lower however 155.60 should provide good support)
USOIL WTI Crude bullish divergence in H1 possible targets 36.70 and 37.70 if trendline holds backtest
USDCAD Buy Signal I wanted to see 1.3025 broken and retraced back to above 1.3025 to create a False Break. This together with a bullish divergence is a nice buy setup. Aim 1.32 - 1.34 and maybe even 1.38 SL 1.2950