Switching up from #crypto, this is the S&P 500 since 1980. Would you buy this?
Ford Motor Company has climbed quickly in the previous month. Overall auto sales are in rough shape and could be this way for a while. According to the technical indicators and the historics, the stock has a good chance of coming back down to Earth which is laid out here. Ford loves to flirt around the 11 mark. Will it head back to it once more? When we look at...
Chevron has climbed quick in the previous month. This could be due to hurricanes in the United States and/or OPEC manipulation. No matter the world and economic reasoning, the technicals have a response for this overexuberant movement; the stock will begin dropping soon. The history of this stock has been studied and the information is explained below. The...
I believe everyone knows the GBP is over bought and would likely fall especially as it's starting to stagnate.. Hopefully next week would be when we see the value drop as so many people anticipate.and this pattern would indicate potential selling areas.
Hey, traders. Here on the GBPUSD, we have a great example of a CTS type of trade. This market is at a previous HTF level of structure. It has also gone overbought on the RSI on higher time frames. Now, that alone is not enough reason for me personally to enter a trade, but taking it down to an hourly chart, here we have a nice double top. This double top looks...
If the market price goes as the same pattern as before, there is a possible market entry for sell position at GBP/USD Daily. The price potentially build a gartley pattern in combine with fib retracement + fib extention. Furthermore, the rsi and stochastic gave you a signals that the price has already in the overbought area, and potentially will go down. In...
After breaking through the six year downtrend-line in the last week of July the gold price continuously gained momentum and was finally able to break through the strong resistance zone around 1,300 USD in the last week of august. This super bullish breakout fueled the rally in the last 10 trading days and gold has now reached my first target zone around 1,350...
i have sold this pair twice in the past week , i just sold for the fourth time at 0.92164 TP : 0.88854 SL : 0.92416 my Reasons to sell : 1 / Red daily candlestick ( i think it's a hammer i am not sure ) but it's bearish candelstick . 2/ RSI gives a Overbuy signe
$VNTV Vantiv Over-extended due for correction below $70. Note: Idea/opinion, not investment advice
XAUUSD AB=CD Channel In Play // GOLD is under pressure from NFP reports and the US dollar recovery from lows @ 93. Gold has broken out of 1268.00 consolidation and is now targeting our PRZ @ 1200.00. Support and Resistance levels Resistance levels 1273.70, 1280.00, 1288.00 Support levels 1256.00, 1250.00, 1242.00 STOCH SIGNAL // Bearish Start H4/H1/M30 //...
We have complex pullback into previous outside return. Fibonacci inversion 1.618, Fibonacci extension 1.27, Fibonacci retracement 0.886, RSI is overbought. Reason for entry: lower low lower close (LLLC) SL@143.62 Target1@ 141.38 Target2@ 140.77
Elliott Wave 12345 Impulse wave + ABC Corrective Wave If RSI hits the overbought level around 70 may confirm the wave B. High volume can get btc to their ATH price.
Politically: After a long period of time, politicians battles are almost finished. Expectation is one of the reasons that a market moves. EURUSD strengthened just because people expected a better euro after French election and weak USD because of Trump-Russian, Trump-China and many other Trump issues. Now it is proved that Trump alone cannot change the world and...
1) Huge upward move generated by ECB's Mario Draghi - the bulls will want to cash out profits now therefore this should push the price back down 2) RSI heavily overbought on multiple time frames
the pair as pinged off daily resistance, false breakout has also occurred with a high RSI. wait for confirmation, strong sell here.
APPLE might fall: There is a very nice bearish Jeddingen Divergence (Divergence of momentum vs. price) on the 4H chart, while RSI is overbought. The price could fall to the weekly pivot and maybe even further to the support line.
Whats up traders ! Here is a good sell opportunity on the AUDUSD . Lot of accumulation resistance : - Weekly trenlines ( blue ) - Resistencece horizontal trendline ( red ) - Resistence zone - Fib 23.6 based on 6 years - Fib 161.8 & 127.2 - Stochastic to be overbought in D2 D1 H4 H1 & maybe more : I will update with my multi time frame stochastic...
Similar to CAD/JPY this pair has increased a lot in 1 month by about 6% so with that being said my technical's are showing me that the RSI has hit overbought regions and the stochastic has now start to head down and with NZD hitting recent highs in nearly all majors & lastly it closed below the resistance line which has been around since 2015 and also...