A bit unusual trade for me as I usualy only trade forex. But the conditions are present: MACD divergence together with stochastic oversold conditions. This is also a nice gap filling trade.
Three MACD divergence hills together with stochastic overbought conditions make me believe, we will see a retracement back into previous resistance. The chart looks especially beautiful this time, let's see if it's successful.
I see a hidden divergence forming on the MACD together with overbought conditions on the stochastic, making this a nice trend continuation trade for me. Stop loss is as always, previous high + ATR. Target are at the previous resistance levels.
Additional MACD divergences have formed on the USDJPY, together with overbought conditions on the stochastic. I expect a pullback into the previous support level.
Sorry for my Head and Shoulders analysis completely wrong i cant delete it .First of all, the downward trend has to be passed completely. RSI is weak now too.If USDTRY can break MA20 too, we must do other technical analysis.
A divergence has formed on the MACD together with oversold conditions on the stochastic. This makes me believe the price will rally up into previous resistance.
Two regular divergences have formed on the MACD, together with oversold conditions on the stochastic. This makes me believe the price will go up at least until it hits the first resistance level.
eurcad is giving me some problems.. this is my new forecast of what can happen.
you can compare it with my previous one. watch my page and write your opinion about it :)
have a nice trading
FX:USDJPY A lot of MACD hidden divergences have formed, together with the stochastic overbought conditions, makes me think we will see a retracement back into previous support.
FX:AUDNZD A hidden divergence has formed on the MACD, coupled with overbought conditions on the stochastic. This makes me believe we will see a return back into the previous support level, to continue the trend.
FX:USDCAD A long term divergence has formed on the MACD, coupled with overbought conditions on the stochastic. This makes me believe we will see a return back to the previous support level.
swinging gold short I've labeled everything on the chart i am in the trade now, two days of very bearish candles right on strong resistance/ Fib line. i expect it to drop to the next Fib line/green trend line then retrace slightly i may add to my positions here. then down to the Final TP is market conditions are good. MACD crossover indicates Bearish momentum. a...
