Expecting trend continuation to reach upper resistance at 142.214. That level was previous resistance back in July. I believe this is a Wedge Continuation type of move and will drop once reaching that resistance level. There was some previous divergence seen in both RSI and MACD but it's become convergent over the last few days and now it appears to becoming...
Stochastic confirms by crossing below 80, good RR for my plan, placing stop at previous swing low... thoughts?
Was watching this trendline the last few days, finally broke to the upside... thoughts?
Stochastic oversold, then price rallies to break through the top of the channel with ease, wonder how long this will last... thoughts?
Price is currently testing the top of a channel, stochastics confirms that the price might bounce and head lower... thoughts?
Nice channel formed, anticipating the bounce with confirmation of stochastic... thoughts?
Momentum seems to be slowing, long trendline has been breached.... thoughts?
Trendlines show a channel formed on AUDNZD H4. Momentum indicators show that it's going up, looking to test the trendline. Thoughts?
MACD & RSI Divergence, definitely losing momentum, looking for a sligh pullback and then short... thoughts?
MACD Divergence has appeared, getting closer to the 20 SMA, RSI looks to be fading... thoughts?
Hey guys, with USD taking a breath after the recent run, I will wait for a good short opportunity around 0.382 / 0.5 fib, price meeting 20 and 50 EMA would add even more confluence to a short entry. Hope you liked this idea, wish you all good luck!
MACD Divergence formed a little while back on EURUSD, starting to form by touching the 20 SMA, waiting for further confirmation
Using Heiken Ashi along with MACD & Stochastics, we can see a really good trendline flag pattern forming. Expecting it so see it break either way, looking for the bounce to go long, or the break to go short. What do you think?
$SBUX has finally reached a buying opportunity! The stock has successfully held last weeks breakout The RSI has crossed the longterm downtrend and is above the 50 mark MACD has crossed and held Volume was large last week, and continued into this week Continued earnings growth Order set for a limit purchase at $56. position size 100 shares ($5600) for more...
Maybe divergence @MACD This is new high time for correction @D1 End of N structure (Ichi Wave) @W1
$SBUX may be coming back into play. With a better than expected quarter (in my opinion) and really putting the focus on Chinas growth, we may have a breakout. CMF is still in an uptrend since September MACD is looking like we may have a shallow cross RSI has ticked back up Support at the $52.50 mark was held and bounced. All these together make it go higher on...