Although the USD/JPY ratio is increasing last couple days. RSI is not supporting this increase. It seems that RSI is weakining day by day. This might take the ratio down a little bit. Target would be around 107,2 a new rally may start after this reaction.
One of crypto's oldest coins acting as a flea on the LTC network. Wide circulation and media exposure and support from Ledger and various online services. Demand zone is lower at 15 - 20 sat, but DOGE along with most other alts are already heavily oversold because people are emptying their DOGE wallets to exit to BTC while it's still above 10K. BTC has failed...
Chart says all. Going to new ATH? Tar box 302-304. Could eke out a nominal new ATH before throwover. SPX saw 3026 before; maybe it can give us 3046 this time up. At 3K we have gotta be close to the end of this run IMO. Divergences popping up, sector rotation, RSI fading; today they rotated out of NQ into RUT, buying 'bargains.' Hell idk maybe it will just go...
CADJPY on the 4hr timeframe is starting to form a bearish pattern at the key resistance. The market is currently testing the daily head and shoulders neckline and looks to have formed a double top with RSI divergence as confluence. This is a good short opportunity with targets of the demand zone at 80.73.
AUD|NZD (swing) SELL LIMIT@ 1.07460 STOP LOSS @1.08166 (-70pips) TAKE PROFIT ONE @ 1.06255 (+120pips) TAKE PROFIT TWO @ OPEN
RSI is on track with BReaking Resistance. lots of other resistance to break before We can finish at 15,702.
LINK has been in this consolidation zone between $1.97-$2.84 since July 14th. We are actually in a downtrend channel within this zone though. This may not be a totally terrible thing though. If you look closely at the RSI chart at the bottom, you can see we are in an UPTREND channel! This is what we like to call a bullish divergence! Granted we have broken out...
Reason(s) for Trade: Stock is trading at support RSI Positive Divergence Trade Setup: Buy if goes above 91.50 Sell if goes below 89.90 For more study & analysis update, join ProfitPattern over telegram - t.me Disclaimer: ProfitPattern is a purely educational Research unit and not a SEBI registered analyst/adviser. Please...
Reason(s) for Trade: Stock was moving in a channel range RSI Positive Divergence Channel Breakout with Average+ volume is seen Trade Setup: Buy if goes above 654.00 For more study & analysis update, join ProfitPattern over telegram - t.me Disclaimer: ProfitPattern is a purely educational Research unit and not a SEBI registered ...
Reason/Analysis in Brief: RSI Divergence At Support Trade Setup: Buy if goes above 2180.50 Sell if goes below 2157.50
When we look into monthly and weekly charts, both RSI and trends are going up. But when we go down to daily chart, RSI is not supporting tre uptrend, just the opposite RSI is weakining on daily. This may be an indicator of ending bull market.
*Yellow = 200 EMA | Blue = 100 EMA This photo captures the recent movement of OANDA:GBPUSD on the daily chart. In this movement, we see varying price action, but the most important of which is the upcoming support around 1.199 which is an all-time low . This means that the support is outlined on every major time frame including the monthly, weekly, and...
BTC and ETH are both either about to begin wave Z pf a triple combo correction, or started wave Z a few hours ago. BTC 6H RSI is showing a head and shoulders pattern. This correction began with a rejection when it tried to break back above the historic log support (the thick yellow dashed line), which dates back all the way to the beginning of 2012. A downtrend...
We have divergence a strong bounce potential for lend to move up rsi && momentum divergence as well as macd crossover
This is a mid-term short play that i spotted on S&P 500 that will most likely play out within a month. This is definitely not a scalp or swing trade. Key levels marked out on chart: 1) 2018 High 2) Quarterly Opens 3) Monthly Open 4) Grey box - Weekly block that provided support previously Bearish Bias: - Monthly Bearish Divergence : Price keep printing Higher...
In graphic of 1D can see clearly hardfull divergence price with RSI, this is bullish signal before PUMP
Massive bullish indicators on my Knoxville divergence indicator and reversal tab and reaching lowest point since 2016 / 2017 I show the time frame of the 1u but the divergence is on the 4u also. Pivot points on s3 nearly s4. Let my now if you have good ideas about GBPCAD