NZDUSD is in the overbought region. time to SHORT it! Trade at your own risk ;)
SIGNAL CONFIRMATION: 1. Price rejected R1 Pivot Level (PINBAR: indicates the start of a downtrend). 2. MACD shows DIVERGENCE between price action and volume. 3. OVERBOUGHT Zone. 4. Every IMPULSE to one side is followed by an opposite impulse.
Because my last post has been deleted, one more time here: Tesla should be ready for a correction, 1. TD Sequential shows signs of a correction. 2. RSI has a divergence. 3. Doji candle and the subsequent candle closed below doji The overall longterm trend looks quite bullish on other timeframes, therefore it should be a correction in the next days and not a...
Below you can see 4 indicators pointing out that BTC is currently overbought. Take a look at my previous post to see what indicators I use and what they mean. At this point we will have to see how the market responds to BTC being overbought. What happens often, is many traders use this as an indicator to sell. That is why we need to keep a close eye on the...
EURNZD it's on an Overbought zone, and it broke the BULLISH IMPULSE it did. The Overbought zone it's marked over April 2020 (See April Overbought zone, the price arrived again). The new day has just opened below the daily pivot point (clear SELL signal). Any comments are welcome!!
AUDNZD is on a potential Overbought zone , and it seems the uptrend it's about to finish: double top pattern showed. Divergence shows that price may collapse, and about the Pivot Point Formula, the day has just opened below the daily pivot. Potential coming SELL!
In this analysis i present my point of view for eBay stock based on the price action toward the trendline, We can state clearly that the market is overbought Please share with me your thoughts Regards
Hello, the latest analysis was cancelled to take other confirmations, for now, we see that bears want to sell Bitcoin, guys, that is another point to take noticed it, tripple top it's mean a change of trend, in tat case is for micro-trend. So, we see a tripple top in H1 timeframe with a possible entry in short in the $!1,870 USD, its confirmed. So, beware to put...
Although a good stock to add to the watchlist, it is currently overpriced. I would like to see this get below the 80MA which according to the Williams% chart, tends to be when the stock is oversold. HUBS currently needs a lot of movement to get down to the 80MA, set alarm up crossing the $200 and watch daily from there moving forward. The green area is an up...
It's true that bull markets can take you by surprise and be irrational for longer than you expect. But it's also true that parabolas don't last forever. This rise to 11.4k was parabolic. Bitcoin got more overbought on the daily, by my own calculations, than at any time since April 2019. The last time it hit these levels before that was Oct 2017, and only for one...
Could see $70again region near term but once this resistance breaks ZEC will fly. Not Financial Advice.
See what happened last 2x RSI went > 80 on monthly. NCAV/ Share =2.5 (.04 away from where it crashed 97.33% from highs in Jan18 to lows March20.) Not saying it won't go higher, but looks ready for a spectacular pull back!
You can see that selling on the upper red line has rewarded shorts in the past and I believe that this is a great short opportunity here - one of the best i have ever seen. We have got way over extended and fundamentally the price is just way too high for a this company, even with the 'shopping online' narrative that has been done to death. Overstock is the much...
For those prepared to go against the momentum, a retest of the medium-term uptrend levels seems probable; with reasonable risk:reward even at 1st target levels. Anticipate buying and sharp bounces. Risk-off sensitive. Manage exposure accordingly.
SHORT GBP/NZD, ***IF there is a clear rejection around the current level, wich is on a key level. The market reached the 1,98000 key level (psychological level), wich should act as resistance, the market is also overbought (can be seen on the RSI) and the market is creating a divergence (pink line on the chart and on the RSI). IMPORTANT : I am only showing an...
it has left a large gap to be filled. It is expected to come down to that level. Overbought on RSI too. TARGET 1 : 885 TARGET 2 : 850 STOP LOSS : 950 **These are my personal observations. Please trade at your own risk.**
$LL Overbought Hitting Resistance Reversal day today after nearing doubling in two weeks. Near term target: $20 (could go lower)
SHORT EUR/USD, IF*** there is a clear rejection around the current level, wich is on a weekly key level. The market reached the 1,17500 weekly key level (psychological level), wich should act as resistance and we can also see on the RSI that the market is overbought. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.