The pair is finding support at a previous pivot. MACD and signal have made a cross with RSI gradually exiting oversold zone. Volume for both currencies are high with CAD having slight edge. TP as shown as chart. A MACD divergence may lead to support breach and SL to retest lower support. Please comment with thoughts and ideas. Thank you.
first i specify which direction the trend is going Ascending or descending Then looking for moving average for signal then looking for secret divergence and .....
This week ends over 26. Silver is going to test R4 level this year.
A picture says a thousand words.
NASDAQ:DDOG closed above the 50MA and next pivot is 118.13. It has a good setup to give an approximate 16% profit.
OANDA:EURUSD There is a divergence in 4 hours and 1 hour. And the price is in a very important zone. After breaking the trend line and also the neck line, I enter the position.
yfi monthly pivot coming. pretty high up. usually gets tested. tight stops or ladder for swing
bear in mind there is still a day or two for that coming pivot to change. if it keeps going down so will the coming pivot bear in mind... that these alt pivot swings upward. are contradictory to a bitcoin pivot downward. so with that in mind. the question is. after the monthly close. does btc play some upside maybe to new monthly H3 while alts hit their pivots....
Bitcoin made rapid growth impulse to a new local ATH $13 863 yesterday morning. However the rest part of the day was quite negative as to cryptocurrency so as to stock market. The closure of the trading day brought the worst single-day decline in nearly two months, causing the richest people in the world to lose over $14 billion in net worth. Today Bitcoin has...
Hello traders, Here is the full analysis for this pair... pairs in the box of range and I think we have a short move to static support . *Support this idea with a Like or Comments if you find it useful* ... Thank you
Hey Traders! Salesforce.com NYSE:CRM has been on my radar today and according to my studies... CRM is giving off a strong bullish signal according to where the price is relative to the Bollinger bands and Keltner channel. I drew a few dots on the chart above to highlight the areas of interest so you can see what I look at. The Cyan dot is just to locate the...
Hello traders, here is the full analysis for this pair... pairs in the uptrend channel and I think its gonna touch dynamic resistance and then a short opportunity to static support for this pair. *Support this idea with a Like or Comments if you find it useful* ... Thank you
Oversold conditions are optimal, with a probability of reversing Wait for a confirmation at least one candle above the broken trendline. Same trading tactics.
trading inside a falling wedge & close to S2 support on Pivot points, also we have bullish divs in the making, waiting on daily close but once we break resistance trendline should see good move
I made a post about the head and shoulder earlier last week and price rose as I expected. Price has hit a pivot point and is now going towards the bears and i think price could reach the black median line in the box below and either keep falling until the blue support level below just below the head of the head and shoulder formation or rise from the median making...