It seems that the price in the downward trend has finished its correction and we will see a minimal drop to the price of 1800-17500 dollars. concluded according to: * Touched CHOCH area * Retracement above Fibonacci 0.7 * Extremely forceful divergence with RSI * Due to the analysis in a shorter time frame Best Of Luck
Inspire Medical Systems develops innovative and minimally invasive solutions for patients with obstructive sleep apnea. Ranks #10 in the IBD Group Medical-Products Group with a Relative Strength IBD Rating of 93. This is a what leader looks like. Today is forming a daily shark patter with a pivot buy at $278.10. The follow through would be a breakout above...
NASDAQ look for double top before a major correction? A Major correction in NASDAQ is on the table.
CADJPY is in Bullish Trend for a long time. After analyzing, it seems to go bearish after making the last HH. A divergence on RSI shows a reversal. If it breaks the previous HL, it will go bearish. Sell Stop at neckline.
BINANCE:ETHUSDT COINBASE:ETHUSD Hey everyone, first take a look at my previous analysis and positions. Along with the analysis of Bitcoin, Ethereum can also continue its upward trend up to the stop-hunt range if the price stays above the 1854 level. Consider the impact of the ADP Employment Change & ISM Services PMI & Fed Interest Rate Decision. 5.25%...
In which direction do you guys think this pennant pattern is breaking out to? I'm seeing an RSI bullish divergence freshly created. But I'm also seeing imponent 10 and 50 EMAs right above the price right now. In short, the trend is our friend. That's the overriding principle. However, we also know that every trend eventually bends. In any case, the...
The bears have been able to drive this market downwards at steadily lower up swings. And conversely, the bulls have not been able to drive this market past its previous swing highs since August 2022. Although this chart pattern and price action behavior is suggestive of bearish dominance in this market. Although the price is trading below the key EMAs. The...
on 5 min time frame, using indicator BB with RSI, entry taken as per Divergence, movement confirmation with Stoch RSI, Heikin-Ashi, Gap up opening confirmed reversal to the price calculated earlier on weekend for price to open @ $5.50 wherein pre market showed jump in price due to dividend cut decision by bank to -96%, total duration of trade is around 1 hr 30...
Hello to everyone, Kotak Bank trading near weekly support zone & RSI Bullish Divergence also happening near support zone , which gives double confirmation that the price may go upside. So here perfect low risk and high reward setup. #KOTAK MAHINDRA BANK📈📉 👉🏻Stock approaching strong demand zone✅ 👉🏻 1690-50 Support👍 👉🏻Stock bouncing from support📈📈 👉🏻RSI...
Based on H4 timeframe, AUDCHF showing RSI divergence. first its showing bullish divergence & if on monday again H4 candle close in RED than we confirm on bearish diverdence.
Hey Traders! Today we're taking a look at a bearish trading opportunity on the GBPJPY. At heart this trade is a structure-based reversal trade but as you'll see in the video, to find our entries we're actually taking a continuation trade type of approach. - More reasons to throw out the names "continuation" & "counter-trend" Anyway, I hope you guys enjoy & if...
Hello & welcome to this analysis On the hourly time frame after giving a Hidden Bullish RSI divergence it is now giving an Inverse Head & Shoulder breakout that could take the stock to 450-460 as long as it stays above 425. Good risk reward set up at the current juncture.
Technical Analysis: - Crude Oil(CL) is still doing a ((W)) ((X)) ((Y)) correction structure in Daily Chart - We present two possible Paths - For Path 1 in Black with 65% probability. We expect that the correction will be completed at around HKEX:53 -56 where the smart buyers can appear - For Path 2 in Blue with 35% probability, We expect that the correction...
2 signals for long: 1. Elliot wave (target 0.5 of Fibbo) 2. RSI divergence Target as shown
I can see bearish divergence on ETH, 15Min . It can be a minor correction. its not an investment advice.
Take a look at 2Days BTC price timeframe. As you can see we got a bearish MACD cross after the divergency. Also I noticed a biger ADX divergence which means that the strength of the trend is fading. May be it could bring as to 24K next 1-2 weeks. What do you think?
Hello & welcome to this analysis In this chart we can see a diagonal breakdown which bought the stock down to 380 where it went into form a bullish harmonic cypher to be followed by a bullish RSI divergence It could now attempt further upside till 425, then 440 & 455 as long as it sustains above 400. Good set up for momentum at the moment.