GHSI has recently peaked at $3.05 and showing signs (again) of a reversal. Volume has been steadily increasing. Not a lot of sellers below $1.80 so a good opportunity for a decent swing trade
Afternoon traders With the ECB press conference now complete the market is now cleaner to enter other trades. In this case we are looking to get long Aussie Dollar versus US dollar after the pair have settled in oversold levels at support price of 0.6970 area. As per our chart work on trading view we have an ascending channel which is allowing us to set up for a...
White VL= 4HR TF Blue VL=1HR TF RED= EMA50 RSI= "Over sold" I draw rectangle red which is signal for good Entry . #TOTHEMOON #ERD #ELROND
$MLNT is extremely oversold and due for a rally. Huge sort position, MM's trying to drive it lower and found support. Rally is expected at any moment from this area.
Looking to enter a long position on SNA with a fairly wide stop. Price decreased after earnings but the long spinning top/long legged doji candle indicates weakness in selling and a possible reversal. Relatively low volume compared to previous earnings as shown on chart. You could set your stop a little tighter around the $149 resistance level to protect against...
I see positive regular divergence (+RD) on chart. It's possible to change trend to Bullish. On the other hand you can see over sold on Stochastic Oscillator. +RD and oversold on Oscillator make a chance to have long position on USDCAD. Shayan zamani. 15 July 2019
The cannabis sector has been really beaten down; today some of them are reaching oversold levels. ACRGF could be a potential stock to invest in, if we see a pullback. Specially since it's retreating from a past strong support @$12. Be very careful, oversold can stay oversold for some time. (Same goes for overbought conditions) Have a great weekend, dorfmanmaster
Afternoon traders, After a big number on US Non farm payroll data surprised the market on Friday and threw the market into doubt over whether the US central bank, the fed, will cut rates at the next meeting giving the US dollar a bounce in strength into the weekend against market expectations. We are looking at a long setup in USD versus Canadian dollar with the...
As you see GBPUSD is oversold in H4 and daily charts and divergence is seen on daily chart.
Bullish inverse head and shoulders pattern on the daily chart with stochastics at an oversold level. Great opportunity for a swing trade.
The Price has broken a strong historical support and it continue to go downwards but we are expecting the Price to bounce in the next support as a pullback. There is a reflective candle forming so we should keep an eye on it, as well as the oversold RSI level Comment your opinions!
The Price is forming a wedge so we are expecting the Price to break the resistance and head into a bullish run. Keep an eye on RSI oversold levels, it could be a great opportunity given that it won't cross any support. Also check Fibonacci levels for a good buy entry Comment your thoughts!
GJ (GBP/JPY) oversold at my DeMarker, RSI EMA, MACz-Vwap indicators & oscillators and indicators, at MA's triple, exponential and etc. are "bullish" at Fibonacci 0 (135.371) support since high resistance of 1(200.925) of mid 2015. Entry at low fractals and PSAR for dip-buys lows.
Outside the bollinger bands in 15 minute graph Shorts 10k above the lengths, the liquidation of those shorts will be completely aggressive, the price of bitcoin will be pushed upwards when liquidating the shorts
Objectively: - Tron is moving inside this big triangle; - RSI Oversold; - We're at an important support since mar18; - Tron is one of the biggest; - If price stays above 0,00000311 then we have a confirmation; - if you want to be more conservative you can manage your entry above 0,00000431 (red line); Targets: 1. 0.00000430 2. 0.00000572 3....
Been shorting since 13.8k after we crossed .61 fib. Drew that blue line & it seems to be working out perfectly. :D Buy Target 11k Sell Target 14.5k Parabolic run target 16k
Morning traders Another start to the week. Monday 17th of June lets go. Following a very successful short on Gold on Friday from 1354 down to current market at 1333 for our team we are looking for our next winning trade. Today we are taking a look at a bullish setup on New Zealand dollar versus US dollar following the formation of a Tweezer Bottom candle...
This time we have strong fundamental analysis that supports an upcoming bull run. KR's earnings report came out a couple days ago and were 31.72% greater than expected! However, stronger evidence on the technical side is needed to convince me of a good buy. I'll wait on bullish confirmation from the 12 period EMA and evidence of a turnaround from the MACD.