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It has been awhile since I last traded stocks, I have been focusing on mainly on the Forex market. I would like to add on some stock analysis here from now on. Why Abbot as my first analysis, we have been giving our kids milk powder from Abbot since they were born ;) (no I am not a spokes person from Abbot) hahaha Price completed the Bat pattern at around...
The butterfly just tested the PRZ and the last 4h candle is a nice shooting star. Also, there is an important divergence on RSI. I think DXY will take a breath now.
Travelling along the bottom of the wedge and showing RSI divergence.
Wave three has officially reached the 2.168 fib level while RSI divergence is indicating a bold downward move.
NZD has been quite weak for some time now. It would be good to catch them. Manage your risk & your account will take care of itself.
To TSE TRADERS & NINTAIWARRIORS, Please see entry and SL set-up for USD-CHF, btw we let the TP OPEN for now or we could use (blue) dotted line as the Target Price. Description PRICE PATTERN --> BAT HARMONIC PATTERN ENTRY --> The Structure + BAT Pattern together Stop Loss --> Next Possible resistance The Risk : 1) IF this will the middle...
Let's see how this one ends up, double divergence... thoughts?
$SBUX is following through on a great last two weeks of price action. On a down day in the markets overall, the stock is up over .5%. The next hurdle to get through is the year long resistance level at $58.10. If this can break and hold, the stock has nothing but clear skies ahead. www.trendyprofits.com
Hey traders, sorry for the late update as I was pretty busy over the weekends to update here. This week, I expect the USD to do some correction. If the EURUSD goes up to 1.0750, this is where I will be interested to short it. I will look out for RSI divergence and a rejection candlestick before I go short. EP: 1.0750 SL: 1.0780 (30) TP: 1.0570 (180)
Rejected the 1618 Double top on the RSI Only about ten pips of risk
Price has now reached an important area of resistance that has been tested several times in the past. RSI divergence. First target at 137.945. Second target at 137.234.
$SBUX has finally reached a buying opportunity! The stock has successfully held last weeks breakout The RSI has crossed the longterm downtrend and is above the 50 mark MACD has crossed and held Volume was large last week, and continued into this week Continued earnings growth Order set for a limit purchase at $56. position size 100 shares ($5600) for more...
Hi guys, here on EURBGP we started our analysis on the daily chart, in there you can see that we are heading downward for a few days without even the tiniest retracement. In RSI we are deep oversold and so we expect some kind of a bigger retracement coming. So we point out the daily resistance level that may provide some support. Tha black line means this, we are...
RSI showing hidden divergnece
Daily chart shows that this pair is currently on an uptrend. We see these 4 top formations in here and RSI divergence. This might give a signal that pair is on its way to shift tr
After the elections, the stock rose back to 40$, the same price it was about a month ago. The stock was denied to go higher and is now going back down. If you look at the RSI, it's making lower highs even though the stock is back up at 40$. The markets rose after Donald Trump's election and that was really weird, i think it was a bubble and it's about to pop.
Good morning traders, I am currently doing my trade plan for this week. Will be posting it up when I am done with it within the next 2 hours. Do look out and download it if you find my trade setups posted here useful and beneficial in your trading. I see a daily ABCD completion on AUDCAD. Do not attempt to short this pair unless it challenges the zone I...