My previous chart on kotak mahindra bank is a little off, so i thought i'll make a fresh one. Bullish Signals The daily candle formed a bullish engulfing candle. The Stochastic RSI is oversold and is attempting a reversal. The MACD on the Daily is converging and had a bullish crossover on the 4H. This is currently a sideways market, Bollinger bands...
key points to have in mind: 1- Weekly bearish shooting star candle 2 - H3 time frame have completed 3black crows pattern 3- H3 indicating MACD crossover 4- 5 wave of elliot competed time for correction bringing taking the price to potentially break the flag and drop for ABC elliot correction
RGTECH - Completing Cup & Handle formation if able to breakthrough resistance at 0.265. Strong support is observable at 0.24. Volume healthy and MACD on the verge forming bullish crossover. Next challenge at 0.315
Dear Reader, As I was reading charts, I came across this head and shoulders pattern. This pattern is highly respected and valued among traders. As addition to the Pattern the MACD is crossing the signal line, giving an indication of bearish momentum. The Price seems in an stable (as the RSI indicator shows)position and has room to move. I am excited to see if my...
Quant had an amazing run from late May through mid July. A correction was needed and it appears that it is complete. There was a perfect retrace to the bottom of the .618 Fibonacci zone. During the correction, volume decreased (bullish) and a nice falling wedge has been formed. It looks like this wedge could be broken soon because there is about to be a bullish...
Price has held high for 20 bars without progressing the bullish trend Bearish bias because Macd crossed below Red signal line heading towards zero line Short Trade Sell Stop @ 111.95 1st Sell TP @ 111.65 2nd Sell TP @ 111.30 3rd Sell TP @ 111.03 Find your SL Close trade if Macd crosses above Red signal line
The YEN pairs are all setting up for this same move. EURJPY has a large space to work with and a good Macd to help with the stop Long Trade Buy Stop @ 124.97 Buy Take Profit near the 50 sma @ 125.67 If Macd drops below Red signal line close trade SL @ 124.25 Wath Macd for Bullish confirmation
Step #1: Wait for the MACD lines to develop a higher high followed by a lower high swing point. This is an unorthodox approach to technical analysis. But, we at Trading Strategy Guides.com are different. We don’t mind doing uncomfortable things if that’s what it takes to succeed in this business. The first rule of thumb to recognize a swing high on the MACD...
Macd has divergence Watch for Macd to cross below Red signal line Short Trade Sell Stop @ 1.3195 1st Sell Take Profit @ 1.3145 2nd Sell Take Profit @ 1.3061 Find SL
Buy a Bullish retracement IF! Blue Macd line crosses above Red Signal line Take Profit for 30 pips
Start scanning your trading pairs on 4h after the beginning of the new Monday Trading session Setup chart with 50 sma & 100 sma Setup chart with a Macd default setting of 12-26-9 Find a Macd indicator that shows zero line like TV - Indicators - Public Library - Macd Crossover Trade Setup 4H When Macd Blue like crosses over Zero line (above is buy signal - below...
Hi Guys, First off, this is not advice, nor is it science or a prediction, this is just to discuss price action. So, looking at the charts over the last couple of days, specifically at the Relative Strength Index, I noticed that Bitcoin has been at its highest oversold level since.... ever. Additionally, despite the recent appreciation and inflows, the RSI is...
NASBTC looking good after a strong bounce from support of the bullish symmetrical triangle. There is a small chance that this formation is a bearish pennant continuation pattern, however, looking at the 1D chart, price has had a strong bounce from triangle support, StochRSI is oversold and MACD shows potential for an upwards crossover. There is also bullish...
This pair has been in an uptrend for a long time and still going Trading against the trend is risky If price goes against you close trade early There is price divergence compared to the Macd 1st Short trade Macd has crossed below the red line - bearish pullback bias 1st Sell Stop @ 1.6285 1st Take Profit @ 1.6205 SL above swing high 2nd Short trade Macd should...