Divergence Indicator going up, while the price is going down. Also trading near lower Bollinger Band and near support level. Entry: 48.06 Stop loss: 41.90 TP: 67.54 Trade with caution. Disclaimer: Trading and investing have risk. So always do your own research and trade at your own risk.
Break the lower Bollinger Band and near the channel support. Renko chart still on bearish mode. Can still go lower, but I think it's better to start accumulating. Trade with caution. Disclaimer: Trading and investing have risk. So always do your own research and trade at your own risk.
Look into the performance of similar pull backs over the last 3 years on fib based bollinger bands and you will see that each time it has reversed from this point it has brought back excellent gains. On set 5/1 R/R as stop should be moved up until an eventual pullback
GLD is still working in a price channel and a trend to the BULLISH side. Bouncing off the bottom support while consolidating. Positive S&P or DOW moves tend to see down days or sideways selling. Any bad news may see upticks within the Fib or BB ranges UP! Watch for Thursday's with Futures closings, Friday Option expiration's and "Witching" days, these are also...
$OMER - Renko (90 ATR, 90 min) we use stoch/mfi/rsi together with default settings. this is a very choppy chart to analyze if you chart it normally. renko allows us to filter that choppiness. Stoch oversold, MFI on trigger zone, RSI moving to oversold zone. we must wait for the price to reverse to neckline before we make entry ( > $12.50 ) also this may be a...
The recent changes in Silver and it's new support levels. We'll see simple support & resistance at the indicated arrows. Breakouts or Pullbacks will be based on Market Strength and Vaccine News! Gold may lead changes followed by Silver and Miner stocks. Upside breakout will by at marked support prices. See daily trends for the projections for dates/options...
Nice confirmations 1hr & Daily trends on SLV for Support/Resistance levels. Renko trends show $150 by EOY BUY the pull backs, average in on holdings thru 2021
These pullbacks are forming a nice trend to add to GLD positions at discounts. Renko Trends show clear strength toward $300 by EOY. Similar trends in SLV SILVER BUY
Volume is smaller and smaller during current few months lasting rise. Very similar situation like marked on the chart. Huge dump highly possible and basically needed for distribution.
Renko's blocks remove "Time" from all 'Price' movements... See Silvers prices "not" move without the time variable as you go backwards? See all the recent XAGUSD moves now? What would you say? What would you do now? Me? I bought 4000oz physical silver in 2019 in a "local" secure storage I bought SLV GLD AGQ SIVR OUNZ SGOL IAU PHYS PSLV MTA JDST KGC BTG AUY GAU...
Just look at this setup... 2W RENKO shows it clear as day... bullish break through SAR points, should be approaching next Fib level or two... so 170s or 230s! Let’s see how fast we get there!
this is a bit of a different perspective using Renko 1hr/$0.5 blocks it shows a possible bullish convergence between price and both seller power & supply/demand on the short term, but to confirm, MSFT should close the week above the resistance band at $198 - $198.5 -- else opens with a gap above that level on Monday -- if neither of these scenarios happen, we may...
Renko price movement above ATR and a strong move.
This simple Renko chart on NQ100 is used to gauge next day sentiment prior to major announcements. I view it around 11 p.m., and if the Renko Bar changes color, that's a pretty good indication on how the market will open. Of course, this chart should be used in connection with other bias indicators to confirm direction. Simple is sometimes best!
I would carefully watch this area here. Today's close will probably touch the resistance line on the Wave Trend indicator. There are 3 options :) We could see double top soon, the market can reverse anytime on some bad news or a big rally with ATH - who knows? COVID cases start increasing in many states that re-opened. Unemployment still in the 13% zone. The...
cardano put in a solid double tested bottom at .05 likely on the way to knock on the door of .16 with a follow up visit to .36 at some point not financial advice
Hisse 23 Mart dipten beri yukarı trend gidiyor (trendi takip ediyoruz) hisse 50 ve 200 hareketli ortalama üzerinde sene başından beri çok kere direnç noktası olmuş 60.50 seviyesini yukarıya kırmış (9 Nisandan beri olan en yüksek hacimle) şimdi geriye aynı seviyeyi destek olarak test etmeye geliyor ichimoku bulut yeşil, yuıkarı trend teyid gecikmeli span yeşil...