Volume before action so they say, and it is very apparent by $ICLD's techs that this thing is more than ready to do damage to a long ago bearish chart. All techs are bullish or becoming bullish. Breaking above the cloud establishing support about the bollis and flipping the PARSAR in addition to the MACD crossover we have a winner here folks. Price Target for 1-2 weeks .10
$ONCI has hit and moved from a support line from where it last broke out. Also notice the squeezing bollis, PARSAR flip and MACD crossover. News anticipated next few weeks.
Tons of momentum to the upside recently, looks like price is trying to break the key level downwards. If it does break that level, I expect it to fall hard. Thoughts?
Over the past years, the GDX bounced on the 200 MA pretty hard, and it acted as a strong level of resistance or support. It just happened again. Even if gold was rising in a pretty strong way in the last couple of days, the GDX was still unable to go up. That means the bounce is really strong.
Massive MACD divergence on H4.
Decent triple top on H1-H4.
Daily rejection of key level.
FIRST TRADE PLACED ON MY NEW TRADING ACCOUNT. 2% RISK. LETS GO
Wait for the flag before entering short. Do not for any reason buy on this pair!!! This is a sell.
I have showed how I look for the next big move using the identification of impulses and corrections... It's very simple everyone so don't make it complicated. Good luck everyone!
Hey fellows, here I am waiting for the break of the trendline on this pair for a confirmation to enter short on this pair. MACD is showing another move up so trade with caution.
Confluence with multiple methods of TA.
Volume shows strength.
Moving Average 50 with -50 offset is the best indicator of trend when paired with structural analysis.
MACD crossing bullish; big divergence and continuation signal.
Bullish Channel established.
This is not a buy signal, this is strategy testing.
Looks like momentum might be slowing up as we see divergence on the MACD, will be watching how price reacts to these support levels, would be nice to see it hit the bottom one and take a trade with a better RR, but either trade should work out nicely
Price is sitting on an extreme support level.
Daily has printed a clear low test candle
2.24 R to next level of resistance
Room to the left
Daily MACD Histogram Divergence
Weekly chart showing weakening strength of the Bear by back to back low test candles
...it could be a nice reversal. I set an alert to see if price will travel this high, then look for some exhaustion or a double top, and then enter to the downside. Because it's a bank holiday today, not sure if price will reach the R2 level, but it's worth keeping an eye on.
After a strong general upmove from the US Dollar, this pair has been going sideways in a resistance zone.
With the MACD pointing to a bearish move, I consider it a good position to short with a target of 0.9975.
DXY weekly has broken out of the horizontal resistance, went up for another candle, and last week went down to the broken resistance to retest it as a...
