FX:AUDCHF MACD divergence and stochastic oversold makes me believe the price will retrace into the previous support level. Stop loss is the lowest recent low minus ATR.
The EUR/USD will most likely increase in price to the 200 MA and the 100 MA will provide support, as shown in the past, furthermore the CCI seems to be in a ascending triangle pattern so there could be a short-term increase in price coming up.
The support line has been tested 3 times and the RSI is indicating that this pair is oversold , You can clearly see that whenever the RSI hits those levels of oversold it shot up. I will set this pair for a buy and will hold unto this till around the 1.01600/1.06700 levels. P:S Fundamentals is also saying that there is a lucrative deal occurring for...
The daily candlestic k closed on a strong support which was around since the 18th of January 2017. I have left an order for a buy and will hold to this pair till around the 0.76000 levels . The RSI is also nearing the oversold mark which is another indication that a buy is in order P:S Fundamentals is also saying that there is a lucrative deal occurring for...
FALLING WEDGE PATTERN IS USUALLY A BULLISH SETUP WITH A BULLISH BREAKOUT CONTINUATION THAT FOLLOWS BUT IN THIS SITUATION, WE NEED TO REEVALUATED OUR TECHNICAL ANALYSIS ON THIS PAIR AND BREAKDOWN THE SLOPPED TRIPLE TOP THAT HAS PRINTED AND THE BREAKOUT OF 1.238X. A LAST KISS BREAKOUT PATTER LOOKS TO PRINT AS SUPPORT TURNS TO RESISTANCE AND A SAFE EXIT WOULD BE...
Crude oil is very close to hitting a major trendline and strong support is expected there. Market is in clear consolidation mode as the MacD is stabilizing at centre. Besides this I can be certain that OPEC (as well as some non-opec members) won't allow this to persist for longer because the price is substantially below their objective. And finally the USD has...
oversold bounce against trend relatively week will look for short in action zone
Please see annotated chart for details.
Market totally Exhausted. big chance of a pullback here. I closed my long today, i been longing ETH for the last 3 months during the 2017 reversal. i think we will see our first major pullback here to allow some fresh money & take out some fomo longs. Open - 2430 target one - 2050 target two - 1850 Stop - 2700 As always with all altcoin trading we...
If price falls to the support zone at 111.65, I will be looking to buy in this oversold market. If anyone trades with a Stochastic RSI or just a plain stochastic, they will see that selling when it reaches overbought and price is in a downtrend or ranging, is profitable. The same goes for buying when the stochastic is oversold and price is up trending or...
NYSE:BP RSI is oversold MACD bearish signal is weakening #stocks $BP #markets
RSI oversold, bullish divergence on the lower part of the linear regression channel, price was rejected at S1
Please see annotated chart for details.
If this candle finishes with a strong bullish body, then I will be climbing in to ride a short bounce up. It looks slightly oversold, and the possibility of a bounce is high IMO. I will be updating with entry if I end up going long. Check Out Our Focused Forex Chat! atlas-trading.signup.team
Besides the past few months, this year has been extremely bullish for $NGD. Now that price has come to a major support area, It looks like the trend is going to reverse. I really like this trade due to the Squeeze Momentum Indicator showing bullish divergence, while also indicating a squeeze is going to happen. Also, on the WaveTrend Oscillator it is near oversold...
Target the $20-20.50 buy zone with prior pivot tops, pivot lows and rising daily trendline providing support. Definitely in oversold territory down here. First Target would be $22.50