- 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 -MACD deathcross 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...
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...
in this idea i will be explaining you the MACD analysis done by me. but firstly let me run you through the chart. THE TREND LINES: RED LINE: its the trend followed from past several years before the 2020 crash. DARK BLACK LINE: it is drawn out from the market getting consolidated and from the bull rally post the corona's crash. its the actually trend which...
Looking at the chart we can see a double bullish divergence pattern on the RSI and the MACD. For the entry wait until the price has reached the entry point shown in the chart. We expect for the price to go up and hit the targets. All the details are shown on the chart. Goodluck
Hi there, So many were calling for shorts and few were calling longs but in real what's gonna happen ? Well my answer no we can't say the least we can do is predict the possibility of happening but we can't sure it's gonna happen. So without any confirmations in price actions of the assets never take a trade based on the predetermined decisions, one must able to...
Sushi has ben on the roll recently, with strong bullish pressure making its price reach its multi-month high. On the 4H time frame SUSHI is forming a bearish divergence with higher highs on the price and lower high on both MACD and RSI. RSI its losing momentum at the moment of the writing, while still sitting in overbought territory. I would open a short at...
After the big fall of USDJPY last week, we can predict a shift in momentum and search for sell opportunities. On short term, MACD is showing bearish signals, Good luck everyone, Joe.
There is plenty of room for MACD to go lower and still stay in the channel. current MACD is showing a hidden positive divergence, but again, the price can make new lows while MACD a higher low.
Under the US dollar pressure, EURUSD has been making lower lows and lower highs recently. However, RSI on the monthly chart is oversold for the 3rd time in this century. MACD is showing bullish divergence on multiple timeframes, and the EURUSD on H4 has just achieved a higher high this time with 5 impulse waves: the ABC correction is clear on the chart, wave C is...
i was waiting when there would be trend reversal and i post my analysis. finally Nasdaq has made its move. have a look on MACD. MAIN POINT- nifty 50 is also almost moving the same way(earlier itself i had posted the waves in my channel).
1. rsi going up 2. macd about to cross its lines 3. price getting consolidated 4. correction waves are done 5. volume increasing i have no reason why sanofi will fall. one can take trade during this time, and do swing trade TARGET- above 7800. one can even go long term, as this is the most bottom part of Sanofi, and you will getting benefitted later. BUY AND HOLD.
tcs has touched its bottom, as you can clearly see in the chart. i have even said about macd which is also saying to go bullish. previously i had posted on nifty IT, saying that it also has bottom itself, and will now move up. tcs consists of about 25% of nifty it. TARGET- 3800, TAKE A LONG SWING TRADE.
Crude Oil seems to be about to break its demand zone and price will fall down to create a new demand zone. The MACD indicator shows a bearish divergence as the MACD line makes lower lows but that falling price action is not reflected on the price of crude oil, giving us a clear bearish indicator.
It's been a while since we analysed Bitcoin. Bitcoin is showing bearish flag from 17th of June 2022, it reached his minimum now in this flag and in case breaking down the price can be sharply dropped to the first visible support at 17 000 (never threat this a precisive price) zone, i would like to warn that this is a 17k ZONE, that can vary for some percents. If...
Looking back the the last three cycle bottoms (assuming we had put in our all-time-low recently) it appear the MACD is showing a repeating cycle pattern. Crossing down into the ATH then flashing a false bullish signal only to then cross up over and initiating a bullish period. However the all-time-low seems to get retested so a second possible entry point to buy...
BULLISH BIAS! OANDA:XAUUSD BULLISH INDICATIONS: Support Zone Fibonacci Retracement Seasonals (60% Bullish in 10 years) AB=CD Formation Best of Luck!