Clear RSI bearish divergence on the daily chart just establish yesterday.
As shown on the chart SOFI has been in a downtrend however the fast 18 EMA and about to cross the 34 EMA, while the MACD indicator is showing bullish divergence as is the RSI. This appears to be a great reversal swing long trade.
A lower low in the VIX not confirmed by a higher high in S&P 500 is a potential divergence. Previous tops and bottoms have seen similar kind of divergences where either one of the two does not confirm the move and hence results in a trend reversal. Note- This is not an investment advice.
TSLA is now at a longer term horizontal support zone (168-180), after having retraced 61.8% of it's major AB upswing that had begun in March 2020(see monthly chart). A short term bounce looks to be due as we are now seeing a bullish divergence between price and RSI on it's daily chart, but whether this is "THE" low remains to be seen as the overall trend is...
With FOMC uncertainty coming up this week, and the indices hitting into near term trendline resistence, some volatility will not be surprising in the next few days. Among the 3 indices, DJI has been the strongest of late. On the monthly timeframe, we can see a few rather bullish signs: 1. a "tweezer bottoms" 2. bullish engulfing candlestick 3. bullish...
comments under the first chart : BTCUSD As stated on "some grey eminences making too much money" I d just say "some banksters got in BTC, and they overbought, too much. now they will give the option to their customers. www.coindesk.com Banksters are well know to bet against their customers . . . the next few days could bring surprises. My...
A quick google search will tell you all you need to know if you do not know what I mean by RSI divergence. Price level here is good entry IMO. However some more imbalance to low side from before last bull run.
To the top of the channel Don't miss it it's so nice for get Long position
For UBER support and resistance are set to be tested this morning. A slight dip is to be expected at the open despite pre-market bump. After this dip we should see UBER rise above and beyond resistance. This is based on divergence and candle stick analysis.
Primary Chart: Bollinger Bands (Yellow Shaded Volatility Channel) with Fibonacci Levels, Downward TL and VWAPs 1. As discussed earlier this month, AMD remains in a severe downtrend at the primary degree of trend. This means that the path of least resistance on higher time frames remains lower unless and until AMD can do a substantial amount of price work and...
Prices are going up without OBV response. I think SPY will go down for another leg. I think 408 and 426 are regions likely to push down. Retration lines are not fibonacci but 1/3, this script: #disclaimer: this is not a recommendation but a mere study.
Price has been falling on this pair for some time but now it is coming up from a oversold state on the rsi with divergence. Price also created a double bottom at a major support level/key area. I expect price to rise to the next resistance level. Here is the play i will be taking on this pair: Entry - 1.33066 SL - 1.32596 47 PIPS TP - 1.35383 231 PIPS
We can see a bearish div, they almost always work. Also there is unclosed imbaance Entering Short at BUSD futures x50 First order 18555 filled.
DJI is now above both it's 200day MA as well as an intermediate trendline resistence. However, we are seeing bearish divergence between price and RSI on DJI's daily chart and with near term horizontal resistence coming up @ 34100-34300, we could have some pullback when it reaches there. Fibonacci retracements of 23.6% to 50% of it's most recent swing up will...
After a drop of little over 60% in the past year, NVIDIA has created a bullish divergence on a previous support line. 1 Year analyst targets according to Tradingview is $202/share, which constitutes roughly a 60% price increase from current price. My plan for NVIDIA as of right now is a swing trade earning to make anywhere from 30-50% in the next couple of...
This is a divergence trading strategy i am testing out for you guys who are still having trouble knowing WHEN to enter a trade after finding a divergence as well as where to exit that trade. This will also give you more information on the followings: Where to use the RSI FORMULA. When to enter a trade after a divergence. What a fake out looks like. Where to...
Strong Divergence CAD is strengthen against NZD Selling Opportunity ... Breakout and retest ....
Tesla might be ready for a short term reversal as there seems to be a possible Bullish RSI Divergence. Thank you for reviewing and your time. * Not a financial advice. Please do your own DD.