The rally in Bitcoin futures has been impressive. But, without question, the rally is showing signs of fatigue. So the question is - are we gearing up for a pullback? Technical Outlook : Concurrent bearish divergence and a declining volume profile is a telltale sign of an impending correction. Why? Put simply, because all of the bulls are already in the...
Long Crowdstrike Bullish RSI div H4 Insillico reversal candle printed Downtrend support below
Weekly chart looks good for a long swing trade. Oversold after the lead cable news, earnings report was not bad. Sitting right now at support. Double bottom, rsi bullish divergence.
HI GUYZZZZ As marked in the price chart, we see a lot of divergence in both oscillators. From another point of view, these divergences have not had an effect for almost two weeks In my opinion, there is room for doubt when there is a lot of positive news It is not possible to say exactly how much this divergence can cause the price to drop, but in my opinion, you...
Bullish Divergence in Place RR 1:2 SL= 1.09376 BuyStop= 1.09694 TP1= 1.10012 TP2=1.10330
CAPITALCOM:UK100 index has demonstrated a substantial ascent, exhibiting a remarkable 6.5% increase from its October lows to the conclusion of the calendar year. This surge followed the emergence of a bullish divergence, further fortifying the positive sentiment surrounding the index. Notably, the recent breach of the wedge pattern suggests a potential...
OANDA:EURUSD EURUSD (H4) Sell now (1.1113) Stop loss at 1.11450 TP 1 at 1.10430 TP 2 at 1.10100 Divergence of RSI Note: Capital management 2%
Here I have GBP/JPY on the 4Hr Chart!! Price has given us 2 Lows both returning to a very clear Resistance Area! This price action could possibly be outlining a very strong reversal known as an Inverted Head & Shoulders Chart Pattern!! Now with the Lower Low or "Head" being followed by Higher Low or "Right Shoulder", this Price Action signifies that price no...
Trade using divergence signals, This signal is very suitable for knowing the direction of the market, entering the market and obtaining a good position. 1. Use a larger timeframe, and/or a small timeframe should follow the larger tf. It also includes other buy/sell signals. 2. A good signal is when the signal is triggered in the supply or demand zone 30...
In a failure Divergence pattern, "RSI" and "SlowStoch" indicators did not keep moving up and broken the previous up trend support lines. It could be a warning to exit the long trade. In a correct Divergency movement, the Price was positively moving to correct direction without broken the support line in "RSI" and "SlowStoch" indicators.
After putting in a bottom in mid-October, T-notes have rallied sharply higher. Patient bulls have been afforded few opportunities to enter the contracts on a pullback, but that may soon change. Pullbacks are a healthy part of any sustained rally, as they allow market participants to take profits from longer held positions, and reallocate capital in the direction...
On 4hr chart divergence is forming. I still think it's an opportunity to buy. RSI on daily chart is 27 - very low. We might be here for a while because of low volatility during Christmas holiday.
EURAUD is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be 1.6520...
From a technical level, the XLE is showing a potential head and shoulders setup on a monthly chart. Combine this with major bearish divergence leaves shorting this basket of stocks as the trade of the year. Any potential good news on the Ukraine/Russia front would be devastating on a fundamental level. Everyone is long energy. Be brave, be bold. AMEX:XLE
This is an analysis of Frontline PLC - a Norwegian oil transportation company, the following is strictly my own personal opinion and does not constitute financial advice. Key numbers: Dividend yield expected 2024 - 17% P/B - 2.03 P/E - 5.41 Market cap 47 178 MNOK (4.5 BUSD) Analyst estimates: Analyst estimate average for FRO is 267.5 NOK which is equivalent to a...
Hi Traders, TSLA is showing: Bearish trend resistance at $255 Bearish Divergence (HIST, MACD, OBV, RSI) If TSLA breaks resistance, targeting $268. Otherwise, looking for a retest of trend support around $230. Happy Trading!
Price is currently testing the lower boundary of a daily bearish channel, the 78.6% FIB retracement level, and a long-term support area as well as bullish divergence between price and stochastic momentum oscillator in daily timeframe. This supportive cluster could potentially lead to the formation of a low around this price level. On the other hand, the bearish...
Divergence in both, RSI and MACD Possible reversal to target tje 0.5 zone of fibbonacci?