Moving Average Convergence / Divergence (MACD)

Bitcoin has found a resistance level before reaching $4500. It is now trying to go back up again, but as you can see on the MACD indicator we have a pattern of bearish divergence showing again. On August 14 we had a similar pattern showing and Bitcoin went below $4000 after that. Conclusion: Watch out for price drops. If the price starts falling you will know ...

GET READY FOR A DROP -clear break of trend line -re test of trend line -Bearish engulfing of trend line to confirm strong area of RES -Also confirms momentum

Overall bias is Bearish -Firstly we have bounced of key level of 1.7000 -we have broke trend line based off 4 hour time frame -We had a small retest -I do believe we will break previous lows -Previous four hour candle was a bearish hammer -A lot of wicks to the upside Off the daily -We can see huge wicks to the upside on the Ket level -Yesterdays candle ...

Overall bias for GBPAUD is bearish 1.Numerous reasons 2.Firstly making lower lows 3.clear down trend 4.The pound is weak 5. Break of key level 2.0000 6.Break of strong trend line 7.Bearish candles Wait for retest if you want a better entry :) Happy trading

Reasons for -Firstly on the four hour we are in a area of congestion and sideways -We are making lower high -we have bounced of major long term trend line on the four hour with a Bearish candle -Previous candle was a doji -Also we created a corrective structure to the upside and we have broken it -So we are ready for the next impulse move to the downside -Not ...

Very clear and simple short setup Good luck :)

The market bounced from MA50 and the support zone. RSI confirms price reversal and MACD histogram confirms up movement. We have long opportunity and it's time to buy above 280.00 level. Stop orders for long trades should be below 200.00 level. The profit targets are at the downtrend line and the resistance level. We'll have to watch for price action near the ...

Reasons for -Firstly we broke a key bearish trend line not to long ago -As we can see from the MacD we have been making high swings as well confirmed with Price action -This helps me believe that we will continue to see bullish momentum -We Bounced of key level of support at 125 -We got a perfect swing point after the bounce on 125 -Also perfect bullish ...

Let's think about possible entry levels using MA indicators and support levels. We can see how the market moves to the possible reversal levels. DMI indicator shows trend market conditions but ADX line falls and it tells us that we should not expect strong up movement within several days. MACD also confirms down movement. RSI falls to the oversold zone and we ...

Just like EUR/JPY this setup is clear and is making higher highs we also got a bounce of the 0.618 FIB level time for a new high ? Very likely Also id like to apologise for the very basic descriptions very busy just trying to get the setups out to everyone :) Trade safe

So as most of you already know it is March The 10Th Which is the date where The ECB come out and speak about Monetary easing, Inflation and Rate cut What am i expecting ? Well as a mainly technical trader it is in my job description as a full time trader to look at Both technical and fundamental in the market. After heavy research into the Fundamental side ...

Maybe its time to make a new Lower High ? lets see end of the previous wave The C wave is over as we just had the break out this looks like a really good setup :)

Very simple setup Very bullish outlook !

Long term trade Nice continuation setup higher highs higher lows daily showing signs of bullish price action broken key level and signs of a push higher :) Many other reasons but keeping this one short

Reasons for -Firstly we have broken key trend line -We have had an area of consolidation -And now we are getting a impulse move to the downside -We also broke constructive structure ! -So selling the impulse to the downside would be a good idea ! -Previous four hour candle was a engulfing that took out Almost a day worth of Price action ! -Altho this is a ...

Reasons for -We are clearly down trending -We have broke key trend line -We have had a retest and has rejected -We have also broke previous Low Also on the daily we closed and broke the trend line Alot of momentum to the downside

Reasons for -Daily we have Had a nice up move now we have had a to a key level at 1.0000 -Also we have had 3 Dojis in a row -Showing obvious Rejection from our key area at 1.0000 -On the lower time frame on the four hour we have had a rejection of a keyFIB level 0.618 level -Also shown a rejection from 1.09500 which is in line with our Fib level and also a ...

Reasons for -Firstly as we can see on higher time frames we are down trending -We have come to our key level at 0.75000 and shown a strong level of RES numerous times -Also our Fibonacci Lines up perfectly with our key level which price has reacted to at 61.8% level -Now the retrace is over we can look to go short ! -Also We are in a corrective structure ! ...