QQQ is showing Long signal on RSI of MACD and RSI of VWAP strategies. when it shows on more than one strategy , it is strong signal. Yellow color on the chart is from RSIofVWAP , blue color on the bottom chart is RSIofMACD.
Cup and Handle pattern found on SBUX hourly chart ... Please see the notes on above chart
Cup and Handle Pattern found on hourly chart of TQQQ. Height of the cup is 16 points Top of the is 92 ish Expected target = 92 + 16 = 108
I see Double top on hourly chart for QQQ , breakthrough below 311 will push further down 13 points. Good idea to short it when it break down to red line above chart Let me know what your thoughts
I saw Head and Shoulders pattern on SPY hourly chart ... I have made these notes on the chart on 19th Feb . However I didnt get chance to publish the idea nor I took the SHORT trade. Please note , this pattern already completed , dont enter any short trade now ... I Just wanted to share , to show how the pattern works
QQQ bullish divergence found on hourly chart Please see the notes on chart
for TSLA stock , I have noticed ronded base on Hoourly chart , this might end up as CUP and Handle pattern. If that happens , Long entry can be taken when price comes out of handle ... (this is not formed yet )
Cup and Handle pattern found on XPEL hourly chart closing above 55 with good volume will push it higher ... my guess target is 60
CUP and Handle Pattern found on hourly chart of QQQ
Hidden bullish divergence on SPY hourly chart
Hidden bullish divergence on SPY hourly chart
Bullish Divergence spotted for Ford motor company on hourly chart Earnings on 4 th Feb , so becareful ... This is not financial advise, please do your own research for your trading decissions
I have been watching XPEL since a week ... it was listed as sector leader on investors.com I see bullish divergence on hourly chart ( see the notes on above chart ) pocket pivot found ( large voulme registered today / 26th Jan 2021 ) Once it breaks the resistance level at 54.98 ( see the red line on the chart ) , it will go up further Let me know...
I publish this idea whenever I see bullish divergence in SPY ... Earlier divergence anlysis worked well , please see the below reference links ...
for JMIA , I see CUP and Handle pattern on Hourly chart. Also found ocket pivots for 2 days. (see those cnadles highlighted in yellow color) ... That means volume is increasing , you have CUP and Handle pattern ... once it breaks the resitance line ... It will go up further ... See the explanation on the chart ... Let me know your comments...
Hourly chart ... SPY price is moving downwards(1) , however stochsatic is not registering that ... rather it is going up ... This is bullish divergence wait for a confirmation like price close above that blue line (dsma 40) as a green candle (i.e close > open ) or wait stochastic pull further above 30 line ... On Jan 5th also I have found and...
On Jan 1st , SPY gapped up as I guessed in my previous idea. However, price went down sharply filling the previous gaps. Though price came down , I see Stochastic RSI indicator going up. I see it is bullish divergence , so expecting SPY would go up further
Recently , I have read about Wide Range Bar pattern. However I could not find any strategy based on that. WRB paatern is to find the Wide bar from last 7 candles and take long position on next green candle .... To test whether WRB 7 pattern , I have slightly adjusted to fit in my startegy ... Instead of 7 bars , script will check last 5 candles with...