Gold I expect to go to 1750-1760 before dropping back to 1700 - upward wedge indicating reversal - strong supply zone - upward wedge vertex confluent with supply zone (I love when things conflue :) - RSI will likely be overbought or show bear divergence. I drew a possible price path scenario after supply zone is hit If you like this idea please support me by...
As an ADA holder, and someone who is general long on Cardano... I have loved the CB Pro hype. But I'm also worried that it's only going to delay the inevitable pull back from this last major run. Let's break down the 1 week candles. PAST The run that started last March (2020) ended in ADA being overbought for 77 days. As expected with an overbought...
BTC has been on an amazing run this year, Seems like nothing can stop it. However it feels like a correction is overdue. The question is; will BTC smash through this median line and make its way to the top of the channel or will it correct and retest the channel shown in red? Key points: Oscillators are at extreme highs (but they can stay this way for a...
Russell futures ready to drop. - upwedge - overbought RSI - Riding upper bollinger band for a while now This is a pretty simple trade plan. Enter short if price breaks lower end of up wedge . Aggressive entry = on break of wedge Conservative entry on retest of wedge Please hit thumbs up if this idea interesting and please leave comment.
Stock price and indicator have hidden divergence. Price is lower high, but indicator is higher high Tips: This is forex, not a stock. But the tips should apply as well. 2013 Nov 5, price and stochastic have a hidden divergence. Stochastic is to value price momentum. Also can be treated as if stock overbought or oversold. The divergence is a hidden divergence....
Stock price and indicator have hidden divergence. This maybe means the price will extend the trend. Tips: This is forex, not a stock. But the tips should apply as well. 2014 Jun 6, price and stochastic have a hidden divergence. Stochastic is to value price momentum. Also can be treated as if stock overbought or oversold. The divergence is a hidden divergence. A...
Stock price is lower low, but indicator is higher low. This divergence can be a trading opportunity. Tips: This is forex, not a stock. But the tips should apply as well. 2014 apr 28, price and stochastic have divergence. Stochastic is to value price momentum. Use 8,3,3 as the parameter can wipe out some market noise. The divergence is a regular divergence. Over...
RSI overbought --> 76 pullback is expected entry price around 42, lower then current price for assurance stop loss 45 take profit: 34 and 28
entry 4.85--> above current price for assurance stop loss: 4.06 take profit: 6.90 and then also 10.70
entry price lower than current price for assurance. RSI highly overbought. pullback expected
I think we can see something like this in next few days, weeks.
SHORT GBP/JPY, ***IF there is a clear rejection around the current area, wich is on the 150,500 monthly key level (psychological level) and it is also on a daily key level. The market is over extended and is showing signs of a divergence (pink lines on the RSI and on the chart). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Hi everyone. Just another risky idea about market trend. Indicators demonstrates a nearest bull trend - we will see it soon. My graph shows a several dinamic ways of next brent trading. The unreal predict to me stays on 1 way of stability growthing. Second way shows another impossible way in my prediction. My opinion - the possible of dinamic is 3-4-5 way and much...
Make Sure You Take Your Profits! $30k Is a Psychological Resistance. Don't Expect To Time The Top, Just Try to Get Close (Within 10%) Bitcoin Will Retrace Heavily Once It Breaks The Parabolic Trend! (40%+ Retracement Expected) A Pull Back and Bounce At 20k Would Confirm A Nice Support Resistance Flips and set Bitcoin Up For Further Upside.. Try To...
Looks like the market is overbought like it has three times in the past. This red line is the top of the momentum indicator. This is a major correction level because the market is overbought. The blue waves are momentum.
SHORT GBP/USD, ***IF there is a clear rejection around the current level, wich is on the top of an uptrend channel and we can also notice that the market is over extended (seen on the RSI). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
• MACD line has almost crossed over the signal line, which is a bearish confirmation. The red vertical lines (+ve) also indicate that the price is decreasing. • William Alligator indicator shows that the stock is currently at a bullish position as the candle sticks are above the teeth & lips. The lines are moving closer together with could be a bearish...
Greetings folks, Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup. Unfortunately, price has about reached the mean as of posting this trade idea. The trading system with a preset 2:1 profit to risk ratio for this asset has historically: 101 trades 19 %/R returns 40% winrate Do let me know if I...