Not much left to be said, a break below the 125MA would suggest that fear of losing gains has taken over for AMD and there could be more downside to come.
Hello everyone, I have a good idea for selling GBP/USD. There is a perfect trendline on the 1-day time frame, along with a strong order block on the same time frame, and a Fibonacci retracement level of 61%. Additionally, there is a strong resistance level on the RSI (Relative Strength Index), and I have observed a divergence as well. Furthermore, the dollar index...
TRADE OF THE DAY | Bullish Divergence In Play Poss. 18% One of the few current set ups with a strong bullish divergence in play after a massive drop from its recent big move. No surprise that we are showing a broadening wedge formation - not broken yet but on the whole quite a bullish pattern. The key drivers for the long here are the divergence, high untested...
TECHNICALS - Procter & Gamble has formed a nice Positive Divergence or Hidden Bullish Divergence pattern on the Monthly chart indicating upside momentum on the chart It has also Reversed Twice from a Strong Support level which had earlier acted as Resistance level indicating further upside potential for the stock It has also tested 50 Day Moving...
Seems to be in a 50/50 holding pattern, but the bullish divergence is keeping me convicted in a move higher. Price appears more coiled than 2nd week of Feb as well. Not financial advice. Happy Trading! OnePath
There are two opposite divergences on the daily charts. I thought you should know.
Hey guys! it all begins with a key element of this setup: the demand zone. This zone has proven to be a reliable reversal area in the past, and once again, price is bouncing off its robust support. This reaffirms the strength of this zone and sets the stage for a potential bullish rally. Adding to the case for an upward move, we have the RSI (Relative Strength...
-Divergence on MACD RSI on support zone implying false breakout -Strong Bull candle -Tp on the next mini resistance area -Sl below the divergence low 1.8 r/r including spreads without exhausting the ranges
Excuse me! It is not known what will happen with this current BTC situation. Nobody knows. BUT... Here is a chart that shows what I mean. The upper part is BTCUSDT October-November 2019. while the lower one is today, i.e. 2023. Did you notice the similarity? Historically similar. It is not possible to conclude from these that this is how the exchange rate...
BINANCE:BTCUSDT COINBASE:BTCUSD Hey everyone, first take a look at my previous BTCUSDT & ETHUSDT analysis and positions. Bitcoin may experience growth to 28K near this month's Retail Sales release. The trend is still bearish and the price takes another step for further correction with each rise. Next station for BTC is near 200EMA (25200-25400). Don't...
Hi traders, Sell on US100... Why? 1. Divergence on the 4 hour. 2. Strong fake out rejection on the 4 hour. 3. Big fakeout rejection to the upside on the 4 hour. 4. Broke the last low on the 1 hour. US100 could possibly do a small stop hunt to the upside before dropping further down. Let's anticipate! What do you think of this analyses? Let me know! Have...
From last few days SnP500 is been on enormous bullish run. Every time after providing pivot to inclining trendline it just flew away. After looking to past data will the instrument provide 3rd pivot to inclining trendline?
One of the most important things in trading is forego your own wants and want what the market wants. When Glenn Neely and I first came up with the x-wave idea for BTC, I did not want to believe it was true and I continued to WANT my diametric pattern to be the end of the bear market, as it had been for the last few months. As time has gone on it gets harder to...
Like most other tokens, ONE has been selling off for a couple of weeks now. With BTC appearing neutral, it's time to look at these weaker tokens for potential upside. I'm waiting for ONE to break through the 0.01465 local resistance. Once above, we can make an entry from that resistance, targeting the most recent local top of 0.025, with a stop below the most...
GOLD-USD is moving in BULLISH direction from last few hours. However, in this technical analysis, several indications are presented which suggests the possible reversal of this precious metal instrument. Firstly, there is a presence of BEARISH divergence, instead the price is steadily RISING, the Relative Strength Index (RSI) has been showing a downward movement...
APE has been roughly selling off since the start of the year. This trade anticipates that the selling is over and that the bottom is in for the time being. The idea is that the massive bullish divergence on the price vs RSI will cause a huge uptick in bullish pressure, further reassured by a bullish long-term BTC and stock market. When we place the stop below the...
LTCUSDT seems to be in bullish trend but currently facing long term and medium term resistance in $93 region. Will the instrument give respect to technical confluences and face rejection ?
AAPL is set to drop based on multiple indicators on this hourly chart. Some key indicators to look at are: Divergence+ Sell signal. These signals are strong and have a high accuracy, so accurate the creator charges a subscription and as a retired options swing trader who does not currently use the indicator for personal use has made enough money off the script to...