DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
HELIOS AND MATHESON ANALYTICS INC - COMMON STOCK, GROWLIFE INC., SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, BANK OF AMERICA CORPORATION COMMON STOCK, GENERAL ELECTRIC COMPANY COMMON STOCK
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Early warning system: This identifies a developing divergence and can be used to set alerts.
Hey guys, wanted to share this with you. GBPJPY is approaching a few resistances that could lead to a drop soon.
On the chart you can see there is a major trend line in red that the price is getting very close to. This trend line is drawn from around 195.200 (August 2015) down to about 156.600 (February 2018) and onwards. Price has been unable to break past ...
We need to have in mind that the market is still in a bear market and we need much more confirmation to ensure long term positions.
Still things are looking interesting.
BTC price seems to be consolidating. After hitting strong retacement levels (78.6%), RSI levels are getting higher.
We are waiting to close Short Position and open Long Position after further confirmation.
If support line at $6200 is broken, we endorse the bearish setup and hope to hit next support level at $6000 and $5800.
Action to be taken when local trend ...
Bitcoin got a major push last night to the upper limit of our rising wedge.
We were expecting a pull back, but insofar Bitcoin has continued to rally without coming back down to give us a good entry.
Unless it has a good set-up with a high R/R (risk/reward), I don't like to enter. Many of the altcoins have been presenting us with great R/R's, which we have ...
On today's BINANCE:SNMBTC chart, I want to show you one of my favorite trade set-ups.
This is called a Falling Wedge Trade.
This trade is very easy because you buy after you break out from the wedge and hold with a wide stop loss to allow for the volatility.
Another entry point is the Upper Resistance Line retest.
Typically when we break out from the wedge, ...
hi , please feel free to comment your opinions and let me know if you found another bullish divergence in the RSI of any altcoin ( because i couldnt except ripple )
TM stock has been tumbling since the beginning of the year due to facing some stiff competition with local internet service provider. It has at least bottomed at RM 3.010 level at the end of June. It however has been rallying since then, touching RM 4.005 level two times, the level which was considered as the previous swing high. Now it has potential to form an ...
Multi Time Frame Stochastic Loaded With Features.
- Ability to turn On/Off Crosses Only Above or Below High/Low Lines.
- User sets Values Of High/Low lines.
- Ability to turn On/Off All Crosses, Both BackGround Highlights and “B”, “S” Letters.
- Ability to turn On/Off BackGround Highlights if Stoch is Above Or Below High/Low Lines.
- Ability to All ...
- RSI Show Bearish Divergence
- Open Order in 1H
- Recheck in 1D price Hit Resistant Line
- TP at Support Line
- RR 2.98
Looking on going Short on the 0.6578 area
Stop Loss: 0.6596
Take Profit: 0.6545
Important long-term support at 0.8400 range, possible long position available. Divergence on RSI as well.
Don't try to "catch a falling knife".
If you're looking for a bounce, wait for a good sign that selling has been overdone.
Price testing confirmed resistance and 50% retracement again. On a daily chart a long opportunity looks good, but 100 SMA is close, may want to wait for the break of that. RSI shows divergence, so may be a reversal here if we break higher. Alternatively, short opportunities on a smaller time frame, wait for the break of the trend line or see if patterns appear ...
XRP broke out of the descending wedge pattern, ran up to the .236 Fib level and pulled back to retest previous resistance as support. However it did so on very low volume, so the breakout was extremely unimpressive nor vitally important.
If we maintain this level however, we have still formed a higher low, so I've plotted a potential new ascending trend line. ...
The symmetrical triangle pattern is holding. We've had to readjust it several times over the past week to maintain it's levels, however it hasn't made a break that would cause us to question the current range.
As I've stated above, range-bound assets are difficult to trade. Easy to scalp, difficult to trade if you're time frame is longer then a few hours. ...
The descending wedge pattern is still holding. If you had set buy orders at the bottom trend line, merely extending the trend line from the last support into the future, you would be a very happy turtle right now.
Bullish volume is still struggling to push the price upwards, and at the current moment volume is falling off. This is indicative of a lack of faith ...
- RSI Show Bullish Divergence
- AO Show Bullish Divergence
- Open Order in 1H
- TP at Resistant Line
- RR 4.17