This may be the start of a downtrend for Tesla, MACD is falling and Bollinger bands have given a sell signal. There is also a sell signal by Divergence+ Comment your thoughts below, how low do you think it will go before an uptrend starts again? Will be watching on the 1 HR chart all week. I plan on selling my put this week also, already up 40%.
Tesla is due for a major correction but there could be quite some time until that happens. I am looking at the weekly candle for this analysis and I still see room for growth. Bollinger bands have not given a sell signal yet. RSI is capable of going much higher, and MACD shows room for growth. Once I get a sell signal on the weekly. I will be shorting Tesla's...
After an earnings defeat, Zoom is almost a buy again. There are many indicators that explain why I believe it still has room to fall. I see Zoom hitting or nearing a previous low of $366. Here are the indicators that support my thesis. MACD: Shows weakening bull strength giving the bears more opportunity to take over as the stock continues to trend down....
BARRICK GOLD CORPORATION. Sometimes, price doesn't reveal all the information that the markets might tell. And then, we have to recur to other indicators like volume and hidden divergences. In this case, we can observe that GOLD (company and metal as well too) have suffered a big hit after or in consequence of US Elections. Down almost -23% since November...
Hello Traders, we may be seeing a possible cup and handle pattern forming if we hit resistance at the .30 price point. A price movement upwards would be expected upon a successful break of the .30. I've highlighted a few TP price points I will be eyeing as this plays out. MACD just crossed on the 4Hour. Very interesting movement. This one has a few different...
FX:NZDUSD A bearish Crab Harmonic pattern has formed on the kiwi-dollar. We have a 0.618 point B (within 3% margin) We have a Potential Reversal Zone (PRZ) of 1.618 XA & 3.14 BC at point D. PRZ connects with resistance line (dotted). Trade Entry: On a 4H chart we see a MACD divergence. Look for reversal candle to form to enter the trade. Stop loss at 2.0...
OANDA:XAUUSD Take at your own risk: Gold has officially broken through the 1860 Support. Gold is now in a downtrend in 4H as it has formed a LL and LH in 4H TF. Daily TF is showing a potential Supply & Demand Area between 1818 and 1875 where Volume Traders and Institutional Traders might come in. 4H TF is showing Divergence in MACD.
Alibaba should dip at the open on Wednesday based on the Bollinger Bands, and MACD. However if you look at bearish volume on the MACD you can see it declining. We are getting set up for upward potential. We are far from the moving average and resistance according to the Kurutoga cloud. Moving average is $271 while resistance is $282. These are accurate but Alibaba...
GBP/CHF Long opportunity at 4H. Follow for more. Have a nice trading week!
as we can see price has had a bullish momentum, but the macd has been going lower toward histogram cross. price could still move higher but the chance is there for a drop MA values: 55 and 200
With a lot of correction I am bullish on this coin. it has shown us before that has an unpredictable manner. RSI dipped enough and MACD is turning into green. so I expect that it must touch the edge of KOMO cloud. candles got very far away from the cloud an it must get itself to the edge. so it must go up to the range 250-260 in few weeks.
using a pitchfork here to see where price reacts seems like it can go up to the mid line and then retrace to go up again, im not sure how much but it seems dxy is looking bullish but for how long?
on my chart DXY bounced off the 50 volume weighted hull moving average and continues up. the 180 HMA is still well bellow price. macd shows a bearish cross but it is invalidated because price is above both moving averages lets see if 93 is a next target for USD
EURAUD Divergence Wait for Candle and Indicators to confirm trade 20:20 @ 5% Risk
UBER is extremely overbought. Here is a breakdown of the technical indicators and my plan. With an RSI of 91.04 for the last 14 two hour candles it's a given that UBER is madly overbought. However, Bollinger bands have not crossed in a downward direction giving a sell signal, and the MACD shows some room to grow still. Unless the downward curve happens during...
seems like price broke below the wedge 15 min time frame i have a line indicating my entry horizontally. seems like macd is also indicating bearish cross from here.
if XTZ establishes itself above,2.15 look for it to retest prior resistance @ 2.40 & eventually retest prior POC (fair value) @ 2.79