As I work with Divergence, a big 4 hours RD divergence in MACD ( which actually shows a higher time frame ) is being shaped, So I don't look for any big LONG position at the moment, but a nice big SHORT when my triggers at the lower time frame is pulled.
Besides, the long term guys are clearing their positions in multi-steps way as shown in the 1 hour...
Dear All, welcome to our trading ideas section.
This is not investment advice, and we are just sharing our point of view on what we see on the chart.
In this Chart we are using the TFLOW V3 MTF Indicator, which is our product as well as the MACD, Volume Profile and CHOP LRSI V1 (we keep only the LRSI).
We go to the weekly chart to see the bigger picture....
The EURCAD currency pair has formed a triangle pattern with a divergence on the MACD indicator. This pattern also appears to show triple tops with another divergence. These patterns are located at a strong resistance area, as the price is touching the 200-week moving average and testing the key level of 1.46350. To consider a sell signal, the price must break the...
HCL TECH : CMP 1134
SUPPORT : 1010-1030
TGT : 1215/1305
IT index is going to support the NIFTY as most IT stocks is showing similar trends, Our pick is in this segment is HCLTech CMP 1134 has good support at 1010-1030 which is 50% retracement of recent high 1149 and about to breach the high and is heading towards 52wk high 1215 and if we consider Ellliotwave then...
BTC.D or Bitcoin Dominance is one of the most important factors for investors to find out, if it is better to keep more Bitcoin in their bag or Altcoins. Don't forget, it's not all you need to make your decision but it's the important one!
To make a decision about BTC.D, I've checked multiple parameters on weekly time-frame chart, so we dive deep into them one by...
The OCEAN price formed a RSI and MACD divergence at 8h tf and RSI is located at overbought zone.
Also there are a MOM and OBV divergences.
All of them go over to longer timeframes.
It could bring the price to 0.2 level.
On the 15-minute chart spot silver in the past few days dropped from a triple top and then reversed
in a Fib retracement. Since the price is now at the Fib 0.5 level and a MACD crossover above its histogram,
the time is ripe for an end of the reversal and a new reversal to ensue with the stop loss above the
Fib 0.5 level, the short trade entry is when the...
Similar pattern to 23rd Sept 2021.
Immediate-term confirmations from Stochastics, RSI, MACD.
If trends repeats and continues, estimated time to profitability is 4 months ~ May 2023.
Bearish engulfing candle gives a good confirmation of entry point at 110.
Stop-Loss of 10%.
Similar pattern formation to Jul and Oct 2022.
High Stoch and strength from a rising RSI can help boost the price over an estimated 3-month range.
MACD at zero level cross. Good entry point. We want to see this MACD maintain well over the zero level along with an RSI maintained over 50.
More peaks above 80 in Stochastics can help support the bullish...
MACD has been below zero level for past few days and volume profile is in the red.
RSI struggling to stay above 50 level. Has broken below 20 level multiple times and not crossed 80 level over the past few days. This is a bearish sentiment.
Stochastic has been below 20 level for the past few days and struggled to cross the 80 level. This shows price is biased more...
- In the chart above I have provided an analysis for a couple possible scenarios that may occur for DOGECOIN despite a lack of fundamentals or investor interests.
1. We can see that DOGE likes to have a deviation of 0.03000 .
2. Observe MACD below chart you can see that previous squeeze was predicted by a steady MACD that held a...
- as you can see the XMR formed a huge falling chanel at daily time frame but ..
- there are rising wedge formed inside - also divergence defined: CCI, MOM, MACD, RSI (source macd histogram)
- before breakout of falling chanel we maight see back movement to middle of the channel or lower (the 0.5 level of Fib is near 139)
UBER is set to drop based on MACD trends and bolliner bands showing sell signals. Elliot wave analysis also shows a down trend detected in wave 3 which is set to further decline. UBER should be sub $25 by the end of the week based on these trends. Great shorting opportunity.
Several indicators point to a retracement:
-Divergence in histogram (yellow line)
-RSI touched overbought zone and crossed downwards
-ADX tightens and has plenty of space
For retracement i inserted fibonacci. But use your own strategy to get out. (f.e. partial TP or shifting of SL downwards on the way down could be good because the move downwards...
Price action and chart pattern trading setup:
> A potential ABC correction reversal pattern with MACD bullish divergence below baseline
> The price is currently trading between SMA20D vs SMA50D
> The current C wave position retraced 0.786 of A wave with a bullish inside combo pattern
> Entry @ pullback SMA20 zone
> TP1 @ bullish inside price action combo +25-30%...
SPY has retracted to the fib level of the mid August to mid October downtrend.
IT has stalled at the .618 Fib level while the MACD and RSI indicators are
showing bearish divergence. All in all this foresees an end to the bear market
rally. This seems to be a good entry for put options with near term expirations.
Stop loss of 5 and targetting the Fib Levels of...