SPY has retracted to the fib level of the mid August to mid October downtrend.
IT has stalled at the .618 Fib level while the MACD and RSI indicators are
showing bearish divergence. All in all this foresees an end to the bear market
rally. This seems to be a good entry for put options with near term expirations.
Stop loss of 5 and targetting the Fib Levels of...
After a sharp drop in August, Natural Gas futures is now sitting close to the long-term uptrend support which has marked key reversal points since June 2020. Our question is whether prices have fallen too fast and too soon?
We question “too furious” when we look at the RSI which currently points to oversold levels. Hitting a low close to 24, the last time...
i want to say a lot of things in this idea.
so i will take it step by step, and be with me till the end of it.
first lets talk about the trend lines:
the blue lines: are the trend been followed by the stock past from the corona crash.
the major black lines is the new trend which should be followed by the stock.
this is because, the 2020 crash...
Hi dear community. I'm looking at weekly timeframe. As you see there is a huge megaphone bullish chart pattern on BTC chart, its target I published on my previous analyses.
I think the recent dump to 15.5K is a fake breakdown/bear trap/ with double bottom + RSI bullish divergence like 2021 November top, which was a false breakout/bull trap/ with double top+ RSI...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD is facing a strong resistance. And in RSI this is making bearish Divergence Pattern. That indicates that it can Drop. Here it has Maximum chances we can see drop in price upto 1740 Price level.
Keep in touch we will update further soon.
I will be looking for another spike from the good 0.393 support to 0.402-06 Ish before continuing our way down and sideways. H4 RSI VMA CROSSED & cipher B Sell signal meeting all the criteria)). Main key here is patience
Looking at the chart we can see a double bullish divergence pattern on the RSI and the MACD.
For the entry wait until the price has reached the entry point shown in the chart.
We expect for the price to go up and hit the targets.
All the details are shown on the chart.
RUN is benefiting from the federal incentives policies. As shown on the chart
Price has risen 48% since the earnings report which was quite favorable.
It is consistently above the Ichimoku cloud and is now in a consolidation.
I see this as a good swing-long setup with the stop loss under the cloud
or instead wait for a pullback. The target would be $37 at the...
US recession over(analysis in link section).
MANY FII BUYING AND DII SELLING ARE COMING IN THE MARKET!!
In previous days, markets where net rising only, but still we could see a lot of selling, from DII side. many FII are steping in. and due to gap ups, the markets are closing in positives.
we could see the M AND W pattern are completed, anf there could now be a...
Hi traders, first take a look at my previous analysis and positions.
between now and the determined level, you can open long position in one or two steps. 🐱🏍
If the price rises and reaches the TP1 level, you can risk-free the position.
TP1-2-3-4-5-6 are on the chart.
The optimum stop-loss is below the determined levels.
Hello my Fellow TraderZ,
If you see $ETH #ETHEREUM - it is similarly like the last time when the price got rejected by the Downward TL. If the Rising TL (RED ARROW) breaks, expecting the price to test atleast the support level of $1420-1370. This move likely be supported by the Bearish Divergence formed on RSI on 4 HTF.
This is looking obvious also because after...
USD/CAD appears to have completed a bearish Head and Shoulders (H&S) top. Negative RSI divergence bolsters the case for a downturn.
The broadly anti-USD response to October's #NFP report may have triggered a breakdown through the H&S pattern's neckline. The measured-move downside objective implied by the setup calls for a test of the 1.30 figure.
Order BUY NVDA NASDAQ.NMS Stop 122.08 LMT 122.08 will be automatically canceled at 20230401 01:00:00 EST
NVDA daily RSI divergence with pinnacle pattern consolidation if we clear it from above can run into downtrend resistance trendline