rsi_oversold

Since reaching a low of 124.786 in October of last year, GBPJPY appears to have ranged in a rising wedge with stable highs at around 148.00, and rising lows, most recently at 139.529 In support of the identified chart pattern, we find that RSI has consistently provided reliable buy and sell signals within this pattern, striking into (or close to) oversold ...

Hey traders ! **This is a risky trade and I am not taking this trade** Canada interest rate hike have made the CAD much more stronger . If you want to go long on the usd/cad right now , you need to wait for a good confimation . If the trendlines are broke , I think it might go down to the next fibonacci retracement level . Accumulation of : - Fib 38.2 -Fib ...

Hello traders ! Here is a nice potential buy setup on the usd/mxn . A lot of accumulation support in the same small area : - Fib 50% - Fib 127.20% - 5X weekly trend from the bottom ( perfect support ) - 2X daily trend from the top - Weekly support zone - Rsi oversold ( W2 to H1 ) I will watch my multi stochastic system before entry . A breakout of this ...

after the anlysis of the trend I find out a potentially trade, we've a double bottom with the RSI in oversold zone. The structure is also important, (look left). im buying it. TP 1: 1.47975 tp 2: 1.49972 SL: 1.46092 Risk/Reward: 4.08

I'm ready to buy next week. All of my indicators are positive. Risk / reward is 1 to 4.

Hey guys , im looking at a good support area ( in yellow ) for crude oil . This area should be reach next week . Always wait for in reversal or breakout before any trade. Thanks !

Hey guys , here is a nice bullish setup on the EUR/USD 0.03% H10 : - Weekly trend : perfect support ( blue ) - D1 / H4 trends - Parallel support channel - fib 0.50 : even 0.68 or 0.76 if downtread is not break - RSI oversold ( to be ) - Strong D1 support zone . Im looking for a reversal signal or break of the downtrend ( with confirmation close ) Like ...

Hey guys , - Weekly trend : Perfect support (Red) - 2 H4 trend : Good support (black) - 23.6 fib - Support zone - RSI to be oversold Close before NFP

Weekly trend + Fib 61.8 ( H4 ) + Fib 23.6 ( D1 ) + Stoch/RSI oversold ( will be ) + h1 trend's + support zone : High R/R trade

Trade with care! This is still a bear market, but just as corrections can go down, they can go up. Right now it looks like the market will correct upward, and 330 USD looks like an optimistic target. This still needs to be analyzed over the next few days, but I wouldn't be surprised if a huge rally came up. Sell volume is going down for both ETH and BTC and long ...

It took me some time to get into TradingView. I'm short since 265 USD. I plan on closing at 250 USD unless the RSI goes berserk into the depths of hell.

For those who feel brave enough to trade the (possible) bull trap, here is some analysis.

Hey guys, just wanted to let you know what i'm looking for in the next hours. On EURAUD price is testing a key support level on the daily (in oversold condition) and therefore i can expect market to react at this level. As i go down on 1hr chart i can see there's a double bottom setting up with RSI divergence and this also increase my confidence in this trade. I ...

Hey guys, i think this chart is self-explaining: i've written down all the conditions that point in the same LONG direction and that's where i want to be. Very high-probability trade from my experience (but that doesn't mean you should underestimate the risk: alway be careful). Stops below the low and targets as shown above. If you want to ask questions, feel ...

Foot Locker Incorporated has been in a bullishtrend since 2008. It has however, been moving downward since its most recent earnings call. On multiple occasions through this trend, three of the technical indicators discussed below are at similar or lower levels, than they are now. These instances have resulted in nice short-term gains for the stock. I have laid out ...

Chicago Bridge & Iron Company has been in a long bearish trend since 2014. On multiple occasions through this trend, three of the technical indicators discussed below are at similar or lower levels, than they are now. These instances have resulted in nice short-term gains for the stock. I have laid out the reasons and levels to which the stock may gain while it ...

Following up on the Gold idea I shared the other day, price has made its way back into our Triangle pattern and had completed a double bottom. Looking down at the Relative Strength Index you'll also see an oversold condition along with Bullish Divergence Akil

The second pair in tonight's video focused on the EURJPY which has been extremely interesting as of late. Although this particular pattern formation traditionally breaks out in the direction of the flag pole. I still have a bullish higher time frame bias on this pair and our currently level of structure offers a low risk opportunity to get involved in an ...