This is a long term monthly chart of the US Dollar. There was a bullish divergence back in the 1980's that preceded a long term strengthening dollar throughout the 90's. There's a bearish divergence that started in 2014 and is intact today. I don't like to put to much emphasis on inter-market analysis because it can cause paralysis by analysis. However, wouldn't...
in this daily chart we see the RSI being formed today very closely resembles the RSI pattern printed before BITCOINS last pump. on top of the bullish RSI fractal we also have the "hidden bullish divergence" still in play between the same fractal patterns i think this chart speaks for itself. not much more to say follow for more @brooklynkid436
AUDUSD has just fallen by 1.3% towards the support area of 0.71250. The last time that the price reached this level the price managed to move nearly 1% to the upside. AUDUSD has also been trading within an ascending channel, respecting the upper and lower bounds. As this level has seen the price increase multiple times it's likely that it will do so again. To...
Last week most USD pairs and indices fell in price drastically which resulted in Gold rising past the key 1820 level. However, it appears that the momentum has slowed down for Gold as there has been a failure to reclaim the 1830 level. Because of this and the fact many USD pairs and Indicies have seen some buying activity at their low levels, it might mean that...
In Daily timeframe, we look a bearish channel where Cardano confirm this chartist pattern where I put these 4 red arrows, they are an indication of the point of this bearish channel pattern. And also, I mark 2 liquidity points that maybe it's a scenario of institutional where they use it to make liquidations that work like key points. Also, in the RSI it's very...
16/Jan/2022 10:29 AM AUTHOR: Brandon Gum -- RSI based strategy for mean reversion as 1st targets ============================================
Evening Traders, Today’s analysis – GRWG – trading towards a technical location where a bounce is probable, Points to consider, - Price Action Corrective - Range High Support - Order Bock Confluence - Declining Volume - RSI Extended GRWG’s immediate price action is trading towards its Range High that has technical confluence with an Order Block,...
#CARDANO #BULLISH retest the broken support level. I see a hidden bullish divergence in weekly I bought some here and ill wait for confirmation for revers. then I will add more. targets marked on the chart remember BINANCE:ADABTC its weekly chart
Hello everyone, I am quite confident saying that ADA is going to be bullish next week and during the first months of the year. Tomorrow, Sunday, is most likely going to be a red day for ADA. Enjoy your future gains and your present weekend.
BINANCE:DOGEBTC has seen many a great pumps in 2021, with smaller pumps inside the bigger ones in what looks like a fractal. Recently, DOGE has been going sideways for a whole month. This hasn't happened in a long time. It has always been trending lower and lower. A support line is gaining more significance as DOGE keeps bouncing off of it. I believe we are on...
Evening Traders, Today’s analysis – AUDUSD – price action is trading towards a key trade location where a reversal is probable, Points to consider, - Price Action Impulsive - Local S/R Support - .618 Fibonacci Confluence - Low Volume - Trend AUDUSD’s immediate price action is trading impulsive and is trading at a trade location that is in confluence...
Hello Traders, Just wanted to make a few points here and talk about my plan for shib. As you can see Shib has been forming a descending channel for 3 full months. Which recently on the last pullback within the channel the RSI reached oversold territory. Previously back in September of 2021 the RSI also hit this same area and this indicated it had bottomed. I am...
Evening Traders, Today’s analysis – USDCHF – trading at a potential double bottom formation where a bounce is probable, Points to consider, - Price Action Corrective - Double Bottom Support - Structural S/R Resistance - RSI Oversold USDCHF’s immediate price action is trading at a key location that has equal lows, allowing for a bullish bias. The...
Dear TradingView-Community, today I want to share the first investment idea and I hope it will help you making the right decisions or bring a new perspective to your analysis. I really would like you to ask for feedback, that I can also learn from different views to become better over time. Thanks a lot for your time and I really hope it is not wasted, but for...
Good Afternoon Traders, WTI weekly chart seems to be forming the same price action between January 2018 and October 2018. RSI chart losing momentum while price getting new highs. Price should pass Oct 2021 highs to lose momentum and get in the range between $50-65. I decided to watch Crude oil and set up some alerts regarding its price action. I will...
Evening Traders, Today’s analysis – NEARUSDT- trading in a potential Elliot Wave where a correction is probable, Points to consider, - Price Action Impulsive - Wave 5 Completion - ABC Correction - Low Volume - RSI Bullish Control NEARUSDT’s immediate price action is trading in an Elliot Wave structure completing a potential WAVE 5 for an ABC Correction....
Evening Traders, Today’s analysis – SOLUSDT – trading towards a key trade location where a bounce is probable, Points to consider, - Price Action Impulsive - Local S/R Support (.618 Fibonacci Confluence) - Low Volume - RSI Bullish Control Zone SOLUSDT’s immediate price action is impulsive and is trading towards its Local S/R that has technical...