This pair is in an uptrend, so this trade is a counter trend. However there are some good reasons to take it. 1) There is a nice harmonic pattern in place. 2) All RSI are overbought 3) There is a nice divergence 4) The high of last week is also present. We are already short on EURAUD. Similar setup for EURNZD. Good luck!
Here, I am thinking that both Boliden and copper could potentially top out of their bear bounce. And possibly come back below the trendline. There is a divergence between RSI and other indicators, which suggests that the 4-hour top is becoming more likely. In addition, the current macroeconomic conditions are worse than usual, and generally speaking, September...
Wonderla holiday can break a strong resistance zone after 4 year by giving breakout of N pattern with good rsi support which make its breakout more strong 💪 soo buy wonderla holidays at 375 Target 382 392 396 404 420 Sl 333 Must buy it !! Have a profitable portfolio 😊 Wonderla was also a good stock for longterm for our side it has been soon touch the mark of...
Cardano's (ADA) daily chart highlights the prospects of a potential triple bottom pattern at the $0.40 psychological number. Additionally, a confluence of technical factors supports the bullish case scenario, including the RSI hidden divergence and the 3-months descending triangle. ADA Triple Bottom The daily technical picture reveals that ADA has carved out a...
Hello Traders!!!! As you can see in the chart Bitcoin is still holding an ascending Trend Line and the price did not managed to break the support of 20700$ in the last correction. If you look at the RSI you can see a clear bullish divergence, which usually precedes ans strong movement to the upside. Taking this in to account i think that the price can manage to...
BAC stock price is trading at a major Fibonacci retracement level. Price is in bearish trend making lower lows and lower highs. There is no sign of a reversal yet. The RSI is not making lower lows, producing bullish divergence signals. I believe that the most probable scenario is for BAC stock price to form a bottom and signal a reversal to the upside soon, this...
Technical analysis of movements of the USD/JPY on the daily and 4 hourly timeframes. BlackBull Markets analyses the RSI and Stochastic RSI, which are indicators that can show many features of chart movement. Disclaimer: Trading is Risky. T&C's apply. Education: All videos on this channel are provided for educational purposes only. The content contained in every...
The pair has been on an uptrend since last week. It is now OB on H4, H1, M30, M15. The pair is showing divergence on H1, M30 and M15. There is also a pattern to sell at the high of last week.
BTC/USDT has been in a bearish trend. The price action has bounced off an important Support Zone that seems to have caused a bullish reversal. The Bullish Bias is based on the following signals: Price has stopped making LHs and LLs Double bottom at support with neckline breakout GMMA: Slow and Fast MA crossover Falling Resistance breakout with bullish...
Hi! Another back test on M1 TF, observing price actions on candlesticks movement by applying HMA 9,21 & 50 as death and golden crossing and MACD & RSI as the reference on the market directions. Gud luck! p/s: no voice, pls ignore the background sound hehe
This pair has been in a steady decline. It is oversold on H4 and come up 65 pips to hit the H4 MA. OB on H1, M30 and M15. There is weakness on M30 and M15 RSI. 35 pip stop loss for about 70 pips gain.
GBPJPY has rebounded strongly from the low of last week. It has made a high yesterday and is now showing weakness at the current level. A sell trade here will allow us to challenge the 160 lows. RSI divergence present and stops just 50 pips above.
When you look at TOTAL3 chart, you can see a divergence between RSI and TOTAL3. and another thing is TOTAL3 breaks a short term up-trend line and it looks that it want to goes down and touch long term up-trend line. CRYPTOCAP:TOTAL3
It's definitely going down. The first level is at least 0.17. Not financial advice, just saying what I see on the chart :).
Hello everyone this is my first idea publlishing in Trading view. so in my opinion Nasdaq will go down to the support area maybe near 12500 acording to the Ichimoku Cloud and support area. But in a long term . And the seceond reason is the RSI shows us the high limit area of 70 touched and it must go down technically so let's see what will happen. Stay safe from...
Breaking of the Falling Wedge confirmed as well as local resistance (red box), the price is directed towards the all-time highs to attack and overcome them. RSI crossing UP 50% ! MSFT has always been one of the best companies on Wall Street and its capitalization and upward strength is among the top 5 companies in the world. Go up! LPI.sa
Shaker TADAWUL:1214 continued to rise after spotted RSI divergence. Price has crossed resistance points 21.12 and 21.54 and now trying to reach 3rd point at 22.86 which intersects with the lower trend and resistance point at RSI. In case of breakout the following are potential targets 24.74 channel point and 27.12 point of triangle breakout supporting...
As I'm currently back testing this concept, I've decided let this concept go out for spin. The 1.618 level was triggered right on the opening of Asian session before heading bearish as the RSI indicated this pair is overbought. This is potentially one of the ideal scenarios you'll want on the RSI readings. Again it's imperative not to treat this as a holy grail...