Watch that Macd Blue line crosses below red dotted 0 level line for confirmation Enter Short with Sell Stop @ 135.11 Exit trade @ 134.55 If Macd crosses above red dotted line exit
A demonstration of a few indicators showing that a breakout is possibly on the way, most likely happening today if the following hours show a decent trend upwards. Please leave a comment and feel free to share your opinions on the situation! I'm new so please do criticize in a friendly manner to help me chart better.
Hello guys, a lot of analyst (me including) are too often focus on the 1h/4h or at the best 1day chart, which is good for traders but don't really show us where we are going. First of all I would like to call back that correction and especially the biggest are HEALTHY and are a good opportunity to invest or strengthen a position. This chart is really simple,...
As I was analyzing the price history of BTCUSD pair, I come across the Weekly chart of 2014-2015 time table. As you can see in the chart presented, when the MACD crossed, all hell broke loose! FOR A YEAR! It took a WHOLE YEAR before it recovered and then went parabolic AGAIN in 2017. Now, we're here HOPING that the uptrend continues! But truth be told, we are...
We have the beginning of a macd x on the 4 hr. Tenkan Sen, about to cross Kijun Sen on the Ichimoku. Chikou Span crossing above previous the price line, and price breaking out of cloud will be another bullish confirmation. RDD is giving us more and more signs. As always be careful, set stop losses and/or alerts, never panic. Happy trading! Ichimoku Lines...
The NOV/17 bull run has bounced from the Fib 0.618 key retracement level and now follow a sidway trend within a triangle pattern . The current Support Line proves significant strenght as it already rejected the sellers for a total of four times, which prevented any further drop. We can expect the price level to bounce from this strong Support Line and to stay...
TRX is forming a falling wedge and could potentially break out. The MACD crossed over and the RSI is showing a strong uptrend support line.
Flapjack is a pancake. You have to flip it over to finish cooking it. Flapjack means price chooses which side you put your jam on to eat Let Macd fade back to center line Bear trade Macd falls and crosses below Red line Bull trade macd crosses above center line and stays above it You have the option to scalp current price back to 50 or 100 sma
Whenever, the price goes up or down too fast, the price almost always retraces. Bitcoin has gone down 20% over the last two days, and is looking to make a short term bounce. A quick glance at the RSI and we see that it has broken the former trend line, which now is the support line. The RSI is no longer in a downtrend, but starting a uptrend. There also a cross...
LTC hasn't been able to keep up with BTC and ETH in the last few days, but that may be due to it's low volume when compared to December. Entry point under 0.015, after waiting to see if the 0.0145 support holds. Possible MACD bullish crossing.
Macd is over extended Macd is crossing below Red Signal line Price breaking resistance line Price stretched away from 50 sma
USDJPY 4H Macd crossed above Red Signal line First week of the month First month of the year Expecting price to move back to a neutral position by the end of the week. Price should return to the 50 sma and 50% fib
Best Range Trading Strategy is...? My preference is find the support/resistance levels and enter their breakouts with the break-hook-go strategy on the 15m chart. I also watch the Macd for direction, pullbacks, & momentum moves. What is your Range Trading Strategy - share with us in the comments below.
15M chart price has been stretched away from the 50 sma for awhile. Macd over extended ready to cross below Red signal line
Take a short scenic route to some profits. Why a long trade? Higher lows developed. Price has been away from the 50 sma for awhile. Macd has crossed above the red signal line. Watch pullback back to between 38.2% and 61.8% fibs then long. Take Profit at the 50 sma. Confluence with 127.2% fib line. Tell us how you would trade this pair!
You see here on the 4H the EURJPY is consolidating sideways. The buyers and sellers are indecisive but I think the sellers will have Sushi Dinner because... Price is stretched far away from ma's. MACD is stretched far away from 0 level line. MACD has crossed below Red signal line indicating possible new direction. Close trade if MACD crosses above Red signal...
Is this the reversal bulls have been waiting for?
My brokers 4H close is not the same as TradingView 4H close. MT4 cross over was 2 closed candles ago so I have just entered long for 50 pips