After #ATH in NCDEX:GOLD , we see a weak divergence in the time of 15 minutes, which we can enter with the lowest risk in the opposite direction of the upward trend. be careful!!!!
After decreasing volume a flag was created, where price tend to stop in the EMA, and today we get a breakout with volume rising. This candle is also breaking the resistance that was created before by the pattern, after being crossed. After the flag breakout the RSI rise above 50. We can see the Fibo, and the buyers are pushing the 38,2%, with a possible upward trend.
The price seems making Higher Lows but RSI indicator shows indication of Bullish Divergence. Shall the price travel above $1.0600?
On the above 2-day chart price action has corrected 70% since February. A number of reasons now exist to consider a long position.. Firstly, was asked about my thoughts on this one. It is bullish. Here’s why: 1) Price action and RSI resistance breakouts. 2) Regular AND hidden bullish divergence, don’t often see that. 10 oscillators are currently printing...
** warning - low market capital $10m - high risk ** Happy with the risk? Read on… On the above 2-day USD (left) and DMTR / BTC charts price action has corrected 90% since late September. Now is an excellent time to be bullish. Why? 1) The ‘Incredible buy’ signal prints on both pairs. 2) RSI resistance breakout on the dollar chart and with confirmed RSI trend...
NKLA on the 120 minute chart has been in a falling wedge pattern and had the news of hydrogen stations ready to go in the all important California market and now printed a countertrend breakout over the wedge. Can Nikola stop the cash burn? Can it prevent further shareholder dilution? Is the board protecting the interests of shareholders ? While this gets...
After a downward breakout on the support, the price went to the lowest lower of 1.67. However, buyers went strong and rise the price. During almost 1 month, the price was in a congestion area, and sellers try again to break the support, and they failed with strongers buyers, making a three white soldiers, and crossing the congestion area. This area was crossed...
Trade Setup: Pair: CADJPY Entry: Buy Limit at 111.16 Initial Stop-Loss: 110.84 Risk Exposure: 32 pips Analysis: Earlier, we discussed the potential buying opportunity on CADJPY, and now we have our candlestick confirmation. As a risk-conscious trader, I'm waiting for a retracement before entering the market. Trade Management: - Buy Limit: Set at...
In this analysis I want to discuss the possibility that Bitcoin's temporary correction might be at the ending stages and that the bullish trend might continue in the near future. I want to look at two things: - The price has hit the purple dotted support on the chart. - The RSI has hit oversold on the 4H chart for the first time since late January, at the start...
Tariq Glass is currently maintaining its support level at 98 for the past week, representing a 38.2% Fibonacci retracement from the 106 level. Additionally, the stock has reached the breakout level of a descending trend line, signaling a robust bullish breakout. Furthermore, it has surged above the EMA50 indicator in the ongoing session. Consideration of long...
Right now I think XMR lacks the support to push past 140. It's bounced to 130 a few times recently. I think loss of buying interest will push it down for a good day trade opportunity in the $126-128 range as XMR makes one last spurt up to ~$131-132. I think an intraday trader could look for a solid buy-in range around the $119-124 range marked on the...
On the above 3-day chart price action has corrected over 90% since April 2021. Today is great long opportunity. Why? 1) A strong buy signal prints (not shown). 2) Price action / RSI resistance breakouts. 3) Weekly BTC pair reclaims the 21-week EMA bull market support. Is it possible price action falls further? Sure. Is it probable? No. Ww Type: trade Risk:...
As we can see, chart is making HL in trend and in Awesome Oscillator, making signals for continuing uptrend. It is HIDDEN DIVERGENCE, and we can trade in the trend for long position. May expect for a new uptrend rally after price reach enough liquidity from support level.
A great way to clear TOTAL3 of stablecoins. We see on the 2W chart that "clean RSI" has crossed 20. Kijun and Tenkan have formed a cross. WaveTrend crosses 0. All this lacks only a falling BTC.D to take off properly.
Double bottom with fixed range. Using 1.5 RISK REWARD RATIO measuring BREAKOUT. The price Target reads $69.194 but may not end there, could be a little lessor or more, I will be evaluating. TWO LOWER LOWS with regression trends showing guidance. MA averages included. FYI: This does not mean it's all uptrend, may be accompanied by some dips. CAN YOU FIND MY...
Interesting Chart NO Recommendation #stockmarketindia #StockMarket #investments #technicalanalysis
Interesting Chart NO Recommendation #stockmarketindia #StockMarket #investments #technicalanalysis