Greetings traders! Put a short order on this pair as it could bounce of the 20 EMA and trendline. Doji candlestick and MACD divergence confirm high probability of the downtrend continuing its run toward the 1.4000 support area. Hope you liked this idea, thanks for the support and good luck!
CRM is currently leveling out around the $73 mark. The past pull back was only to $73. This is a key level of support for the stock. Also, the MACD is curling and could break through. Either way this is a key level. Bounce = Buying opportunity, Drop = wait/selling opportunity www.trendyprofits.com
Am seeing lower lows on the 30 min chart and higher lows on macd indicator. this shows that there may be a breakout of an uptrend.
Some Fibonacci confluence at a strong structure zone and a trend line resistance. Some bearish pin bar candlesticks have formed at this level to go along with MACD bearish divergence Looking for a big correction to the downside
Buy EURAUD Reasons to buy: - Support-zone at 1.44/1.45 - Double-bottom forming - Lowtest-Doji - Bullish macd-divergence Exit points: 1.48 1.51
My outlook on crude oil is bearish. The rise to $50 was steady and a correction is needed. There is bearish divergence on the MACD and the RSI.
Expecting some profit taking from the USDWTI longs in the coming days, who entered in the support zone near the double top (RED LINE). Looking for sellers to come in at the 78.6% Fibonacci level which is also being met by the WEEKLY 50 MA and both are within a DAILY resistance area. Price is currently trying to break and close above the DAILY 200 MA (GREEN LINE),...
XAGUSD broke the h1 falling wedge, we should see some upside move from now on.
Trendline Support, Bearish Divergence, RSI Resistance, MACD in Sell Zone
MACD divergence. Price coming off of resistance. Heiken Ashi candles bearish. Just waiting for MACD across.
The Cad is getting much stronger... The dollar had its time but the CAD should be taking over this week. There appears to be some resistance on the upside but a possible double bottom on the downside. Wait for the double bottom to break and then short. Also watch for the EMA's if they cross this is more signal to short, combined with the MACD Divergence there...
The 1d chart on the GBPCAD is showing lots of divergence. The ADX is also falling indicating a large movement could be coming soon. With all the resistance there is a high probability that it will go long. Also the 4h 40 and 110 EMA are about to cross showing a great probability of a long. Both pairs are very weak right now so wait a little bit to see what goes...
As shown, there are 2 things that will push it down. The MACD and the ADX. There is divergence in the MACD, therefore, there is already a ticking bomb to push it down. Also, in a book by Linda Bradford Raschke, we have a 10-bar divergence signal. The ADX is low, meaning that strong movement will be made, and with the MACD showiing lower highs than previous,...
KODK is circling the drain. Their balance sheet and quarterly income is very unimpressive; they don't look like the books of a company on a rebound but rather a company winding down operations. Q4 2014 they had $260m~ assets over liabilities, that number is down to a scant $75m~. During the same period, cost of revenue is down about 17% vs revenue being...