8 Jun 2022 What will you do? Buy or Sell? Pair: USDCAD Indicators: RSI is divergences for bullish and Stochastic oscillator oversold. #usdcad #long
We got 50 pips on EURGBP long this morning. Now it is time to sell and aim for a lower level around 0.8440. The reason is there is a pattern completing here. There are multiple tops on EURGBP and it is likely to fall now.
Price was rejected on the same level before, trying to catch a small pullback. Confirmation: RSI and MACD Divergence To watch: Might move TP to a lower level, possible on the previous high. As this set up might only be a pullback and might not be a reversal
It is time to go long on EURGBP. The pair has reversed downwards. However there is an opportunity to capture about 30+ pips by going long. There is a butterfly pattern and M15 divergence.
MU has a strong support / resistance line at the $65 mark. On the weekly chart we can see an RSI divergence. The daily chart shows it has a strong possibility of rebounding off support once again. Traders should watch the ticker at the current price levels and channels. If it pops out of the current channel on the daily chart, traders should take an aggressive...
Daily is down H4 is down. Pair is hitting the H4 MA M15 OB but there isn't enough divergence. Awaiting a sell at 1.2615 - 1.2630 Stop loss around 30 pips.
An idea for ETHUSD I expect the next bottom to form along the 200MA, which correlates well with the 200MA (green) Areas in yellow are strong bullish entry points The bottom point falls along these diagonal downtrend lines as does the top point There seems also with the current top formation to be a large divergence on the RSI
FX:USDJPY Pair : USDJPY Indicators: RSI is Bearish Divergence Indicators: Stochastic oscillator overbought. Short / USDJPY
Here is why: 1) Harmonic Pattern 2) H4 divergence 3) Weekly high 4) m15 Divergence to execute the trade Target is 91.5 which is a big drop. Waiting for trigger to enter.
Great Britain Pound/Canadian Dollar was in the downside, but in that point, I see that GBP it's look with a chance to climb in this week and I see a good position to long. The price it's into this symetric triangle, but as we look very carefully, we break out this bullish rising wedge and this resistance diagonal was broke up. This it's the H4 timeframe and...
EURGBP is on the uptrend so this is a countertrend trade. There are some good reasons for taking this. 1) There are 2 harmonic patterns to sell. 2) There is a weekly high from last week at 0.8588 3) H4, H1, M30, M15 is all overbought 4) RSI divergence in M30 and M15. Stop loss is just 30 pips. Let's go!
This is a counter trend trade. H1 has shown a high yesterday at 1.1075 There is a M15 Double top. Harmonic pattern present.
The markets have been recovering along with the AUD. However we see most of the USD pairs at a high (meaning USD is super weak) and there is a chance to go sell AUDUSD now. H4, H1, M30 and M15 OB Nice harmonic pattern This is against the trend, so don't stay in it too long.
130 is a round number that many traders would be watching. We also see a harmonic pattern to sell. The trigger is on H1, M30 and M15 with divergence. It also relates to our big picture for USDJPY. Stop Loss 50 pips only.
Hello and welcome to this analysis on MUTHOOT FINANCE cmp 1130 After peaking out in NOV 2021 it gave a Head & Shoulder breakdown in JAN 2022 which lead to a Bearish Alt ABCD 1.6x breakdown. Now after completing its Bearish Alt ABCD it has reversed with a Bullish Harmonic Alt Shark with a Long Legged Doji candle and a Positive RSI Divergence. It could bounce...
CONVICTIONS 1. Double bottom pattern 2. RSI divergence 3. Long support NSE:HINDALCO
1. Double bottom pattern 2. RSI divergence 3. At support NSE:VENKEYS
AUDCAD is on the uptrend. Both D1 and H4 is up. There is a harmonic pattern to go long. M15 is showing divergence.