Morning traders Placing a short term buy trade on Aussie Dollar versus Japanese Yen on the pair trading down to support levels on declining volumes- suggesting the selling is running out of steam which at the same time is lining up with the pair trading into oversold territory levels. Additionally stochastic is showing, from extreme levels, that the market is...
in 4H chart: Bullish parallel channel Oversold in RSI indicator 61.8% & 78.6% fibo retracement > Buy Entry : 0.7097 -Stop : 0.7080 (17 pips) -TP1- : 0.7145 (48 pips) -TP2- : 0.7240 (143 pips)
Silver is falling into Support Area, Two Scenarios: Break the descending trend line, stand over it: Reverse Being pressed by descending trend line, breakdown the support line, and keep falling. For the current signals, 1st scenario has higher probability, let me say, 70%. Indicators: 9 Seasons Rainbow Multiple Time Frames Pattern PRO RSI Signals: Bullish...
USDCAD: Resistance in 1D, Yellow, Range USDAUD: Conflict Signals Bullish Divergence (Blue) in 339m (5.6H), Support Bearish Divergence (Yellow) in 4D-5D Resistance USD Pairs being monitored: USDAUD , USDCAD , USDCHF , USDGBP , USDJPY , USDEUR Time Frame: 1H - 2D DISCLAIMER This is only a personal opinion and does NOT serve as investing advice NOR trading...
Euro Pairs being monitored: EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD Time Frame: 30m - 1D EURGBP: Bearish Divergence / Resistance on 170m (3H), Yellow EURADU: Bullish Divergence / Support on 680m (11H), Blue EURGBP 170m MACD, RSI EURADU: 680m MACD, RSI DISCLAIMER This is only a personal opinion and does NOT serve as investing advice NOR trading...
Good afternoon traders, Looking at a severely oversold New Zealand dollar versus US dollar on multiple time frames. Most appealing to us is the daily timeframe but almost all time frames confirm the oversold nature of this pair after the recent inflation print disappointed. 0.1% versus 0.3% expectation. This led for the New Zealand dollar breaching key levels...
Divergence is one of the best technical analysis theories. Although not 100%, a very high probability of profitability is well known. This idea lists most of the instances of divergence on BTCUSD (Coinbase) since $19892 summit of December 2017 on 2H interval. Indicators used: RSI MACD 9 Seasons Rainbow Multiple Time Frames Pattern PRO Base Time Frame: 2H,...
Divergence is one of the best technical analysis theories. Although not 100%, a very high probability of profitability is well known. This idea lists most of the instances of divergence on BTCUSD (Coinbase) since $19892 summit of December 2017 on 2H interval. Indicators used: RSI MACD 9 Seasons Rainbow Multiple Time Frames Pattern PRO Base Time Frame: 2H, most...
in 1H chart : Support Zone at 1285 Oversold in RSI indicator Divergence in RSI indicator Engulfing candle stick pattern > Buy Entry : 1286.5 -Stop : 1283.8 (27 pips) -TP1- : 1289.5 (30 pips) -TP2- : 1295.0 (85 pips)
Annotations and Ideas provided on chart General Idea: Possible Double Bottom, w/ second bottom forming higher low decreased selling on second bottom Price trading in oversold territory (below the channel) Unfilled Gap that also coincides w/ local HVN (not marked)
Oversold into support zone. TARGET 1: $49 TARGET 2: $53
Here we see the 4 hour eurjpy chart, with a few reasons to go long. One is the bullish chart pattern that was printed. Second is the double bottom that is circled in yellow. Third is the 2 osc just leaving the oversold after giving them a quick kiss goodbye. I am personally taking this trade, how ever its not a signal. Just an idea. Thanks
This is my trading idea for today, as you can see from the chart there is a few reasons to go long, that with the crab, divergence and so on. This is only an idea and not intended to be signal. Trade at your own risk. Thanks
THis is my long idea for the gbpaud Here we see on the chart that there a bullish cypher pattern that was printed, followed with the osc being over sold. Probabilities on these setups are usually high. This is an idea only and not intended for a signal Cheers
GOLD has dropped down to major support on an inclining channel. This provides opportunity to BUY back up to 1324. Stop loss set below support at 1305. Stoch RSI is signalling further upside
$SIRI is back in the BUY ZONE!
Fundamentals: Nokia took a big hit after stating that they are starting an internal investigation on alcatel lucent which they have bought. Investors reacted pretty hard to this and the stock was diving more that -8% during that day. It of course could be that there will be some negative facts to be found and in the worst case even some fines to be had. So there...
Bitcoin (CONBASE:BTCUSD) just got valid support. Double Bottom Pattern is obvious. Bull is showing strong desire to challenge 4050 resistance, which may happen within 72 hours. Signals given by 9 Seasons Rainbow Multiple Time Frames Pattern PRO Indicator Crazy Sold(Fuchsia) -> Oversold (Blue) indicates a failed breakdown and Price recovered to the support. This...