If NIO closes under the 40.90 tomorrow, there’s a chance it’ll fill the gap at 38.64. Then I believe I’ll be a good moment to buy. It is no secret that I already booked my profits on NIO, and now I’m an observer just waiting for the next chance to buy it again. In fact, since we have an advanced breakdown on the RSI, this could even trigger a quick short trade,...
Here we have a good example why we must trade price, not indicators. We had an incredibly nice advanced breakout on the RSI, which gave us some fantastic trades recently, but now, it didn’t work at all. As I mentioned, we trade price, and the trigger was the 606, which wasn’t triggered. You guys know that I want to another trade on TSLA, but I’ll only do it when...
Ok, the RSI divergence persists, but AAPL is not giving any buy sign yet. Remember, we trade price, not indicators! At any moment it could break the 125, and today, it lost the support around 124. In the 4h chart we are heading to the 122, which is the place we’ll buy AAPL, to sell at 127.90, with a tight stop-loss. The more it drops, better the risk-reward...
Hello my best freinds Green area: The area where the price has just entered. The price ceiling for this area is $ 200. There is a good chance of reaching this ceiling this week If $ 200 is maintained, the move to $ 230 will continue and there will be a significant price correction. Apologize for poor writing
RSI HD Negtive Climbing power is reduced. Despite the failure of the triangle, it is more likely to return to the downtrend
On the above 1-day chart price action has corrected 60% since mid-February resulting in an oversold condition (orange column). Regular bullish divergence is now visible between lower lows in price action and higher highs with Stochastic RSI + Money Flow index (MFI). Furthermore more price action has landed on past resistance as support, look left. Together with...
Massive head and shoulders showing on daily chart. Apple and the QQQ have similar situation. I have an alert set on my trendline for a confirmation of fall through neckline. As you can see Amazon has been one big consolidation since last July. Mac D is doing the death cross you can see H&S on RSI. Fell below 200ma this week. Grabbing a few 7/2 3000$...
We have just exceeded the Bollinger Band and may expect a further rise to retest the high again. Notice: The price could not correct downwards below the Band.
Thought this could breakout with the resurgence of covid in Malaysia but you can see 8ts already turning over in the RSI. Candle sticks are getting shorter also which let me know that bulls are losing strength. Money flow says overbought .Grabbing some June 25 222 puts
as oyu see the btc is going up and crossing the ichimoco up. the price is breaking the triangle. be carefull and ready for buultrend
Over the last few days bitcoin has shown us a number of reasons to indicate that this short term down swing has reversed. The good news is that: Bitcoin has broken out of the triangle to the upside The MACD's histogram has been moving in a positive direction since the 19th of May The RSI left oversold territory and has stayed above 30 - indicating upward...
Presented is my 1 hr chart set up for DXY based off support and resistance. As you can see I target whole numbers that play true in psychological zones. I sentiment a bull push to target 90.200 and then 90.500 with a push to breach for continuation. Indicators are current towards a bull run as MADC?SIGNAL is correlating high volume with lines crossing in the...
The daily and 4H MACD and RSI deviate, and EURUSD may fall further. The cloud belt is relatively thin, and it may fall more strongly. See S1 in the month.
MACD and RSI deviate from the end of the day line, and are in the bullish phase cycle, DXY may rebound, and R1 in the test month. The clouds are thick here and may be under pressure.
Silver seems to be suffering resistance near R1, so it needs further correction to continue to go up. The place where I draw the red box is very important. According to the price behavior after the close, it may rebound and stop. Then there's S2. The mood also shows this, bad mood.
Yes, PLTR did break the pivot point we mentioned yesterday, and it quickly hit its resistance again. I’m still waiting for a better risk-reward ratio, but I’m happy for those who did catch this trade. Now, the chart looks like a flag pattern, but I think it has to hit the 20ma one more time, at least. The 4h chart looks very overbought, and it is in a...