Trendlines are amazing, there are many ways you can use them, for this instance I'm waiting for a shorting opportunity when the candle touches the red line but not closing above it. When it hit the middle trendline, I'm going to shift my stop-loss to entry and once it reaches the bottom trendline, as long as it closes below the trendline, I'm going to keep the...
After a week, EURUSD didn't create a new low on the daily chart. I'm waiting for a counter-trend opportunity. On the 1-hourly chart within the 4-hourly buy zone, there is an opportunity that awaits, at 1.1881 I'm waiting for a buying opportunity. Candle confirmation at that level became important to the trading setup.
Full disclosure, I bought YFI at $42,900... and am desperately needing a recovery. So I *might* have a slight bias towards seeing a push here... BUT... regardless... I think there are some strong bullish signs in the coming week for YFI. Lots called out in the graph above so some additional thoughts below to supplement the graph: There have been other...
The pair has been long in H4 TF and now forming a Double bottom. The Price is expected to long to 0.72127. Use risk management.
I expect a bounce in this stock. Ever time the RSI hits 30 this stock bounces. We are testing this resistance level for the 3th time now. If it fails the stock can go further down to 50. Fundamentally i believe AI to be one of the biggest opportunities, maybe even more revolutionary then the internet.
Presented is the four hour chart with MACD and RSI playouts. RSI has been trend trading within oversold zone and continues with a confirmed MACD/SIGNAL divergence below zero line. Two take profit points the first being .95900 with a take profit 2 at .91400 if first support breaks. Please comment with thoughts and ideas. Thank you!
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....
Last week's macroeconomic announcements created support at the price level of 1.1870, which is the lower limit of the downtrend channel. So, from a technical analysis point of view this was almost to be expected. Then looking at the indications of the Stochastic it seems that the upward movement still has a lot of room for development because the index has just...
entry price: 8.75 --> above current price for assurance Stop loss: 8.25 take profit: around 18 or higher.
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...
BINANCE:ADAUSDT BINANCE:ADABTC Hi guys , As we saw in this week we have finished our main pullback and we are starting to go up generally in crypto market . For ADA according to what I see in the charts we can go for a new ATH soon , currently in cardano/btc chart we are in a very important level of Demand also we have hit the 0.236 Fibonacci level and...
PD is still one of my favorite picks in 2021. The recent sell-off in high multiple names has wrongfully been aimed at PD. PD has a modest multiple when compared to other software names/peers. The stock dipped into the oversold region of RSI and is now just barely above it. Also very bullish that it held the 200SMA. Please look at my earlier PD notes to see my full...
Cup of Tea How I'm expecting Zillow to move in the next 2-3 mos. Let's see how it goes. Slow for my liking but tasty enough to dip
TSLA very clear 5 waves down and measurement levels are clean. 5 waves down is corrective and has 2 possible outcomes, this being the less bearish of the 2 and i lean towards this more conservative count for now. It looks like tsla has put in an A wave of an ABC correction, and its very possible the A wave down is done. Looking for a B wave bounce to start...
The chart pattern is a falling wedge, it’s a bullish reversal. The price has been bouncing between support and resistance and today we can confirm its a buying opportunity. I have continued to buy and bought more at the $4.00 range. The rsi is oversold on all time frames, the emas were trashed, the volume is high, the OBV is down, the only indicator was the...
After the strong performance based on great news in February 21 there was an overreaction by investors that were selling afterwards. The result was a pull-back to around 1.35 CAD $. Also based on Stoch RSI indicator the stock is oversold at the moment and seems to be ready for a turnaround. Today's news regarding the application for U.K. Gambling Licenses is very...