We may see a correction similar to that of mid january... price topped out with an RSI and MACD bearish divergence entry: 223.98 target: 196.02 stop: 233.16 3 R UIOGD - JMJ Travis
RSI divergence confirms uptrend continuation. Wait for trendline bounce with bullish candle and go long. Stop loss based on 1.8xATR and profit around recent key resistance points.
LONG NZD/USD, ***IF there is a retracement and a clear rejection around the 38,20% and 50% level of the fibonacci. The market rejected the 0,64500 key level (psychological level) and then created a higher high by braking the resistance level. There is also a divergence that can be seen on the chart and the RSI indicator (black lines). IMPORTANT : I am only showing...
Generally this divergence suggests this is the top. Here we have *just about* broken down out of an ascending wedge (a bearish pattern). This support is now turned resistance and ETC will have to either a) consolidate sideways or decline to support or b) bounce back into this wedge and close inside it to continue its rise. However, ETC has just recently broken...
Uptrend continuation, or am I smoking hopium? potential risk = gradual grind down to 15 sat potential upside = massive or is doge dead?
TSLA clocked $640 just recently, and I remembered I told a few to buy TSLA when it hit $180 back in July, and just thought I'd share the only single indication I used to make that call; classic RSI divergence.
What I'm about to share is an incredible fractal comparing current price action to the summer pump of 2018. I'm going to do my best to break everything down here in the description. First, on the larger time frame we have a monthly MacD cross in both the summer of 2018 and current time frame. That alone is not something I care a great deal about on its own...
BYND INC NEXT TWO MOVES FOR ENTRADAY TRADING. TRADE WITH PROPER RISK MANGEMENT
These two events look similar to me, an short, impulsive rally followed by a an IHS, people calling 'the bottom' when we have not had nearly enough time for distribution / accumulation. I believe bears are still in control.
BITCOIN LOVES 0.618 FIB RETRACE !! This must be happens for retracement agains bears !! I'm Bullish as always !!
Sell entry based on - hidden bearish divergence at H4 - ichimoku cloud bounce - bearish divergence at H1 - trendline break downwards at H1 - fibonacci retracement around 0.382
Due to the holidays and low liquidity around the world we are strictly taking scalps on the smaller time frames and shooting for small targets. Price broke 1.30 handle and is currently at the high of the Bollinger bands with RSI showing us Indication of divergence. Since we are near weekly high our stops are right above it, low risk trade with pretty good...
Local top on OCEAN/USD Reasons: 1) bearish divergence at RSI 70 2) CMF crossing zero line
Note the strong RSI and formation on top of the spike
MATICBTC is forming a falling wedge after the current huge dump which usually ends in a bullish breakout. We can see bullish divergence on the 1hr RSI and it's close to the 0.618 fib-level which is the usual reversal zone for retracements. You can either wait for the breakout to lower your risk or get in now to possibly get more profit but with the risk of a...
Stock may trade till earnings Target 760 Upward divergence both RSI and William R%
One can sell INFY if it crosses below 709.60 for TGT1: 698, TGT2: 688 with SL: 720 also RSI Looks weak because there is Bearish Divergence