Hello my dear friends At the end of the descending channel, a tight movement is formed in the daily time frame! The possibility of the price exiting from compression is both upward and downward. But whichever way it exits, it will definitely be a very fast move (: For me, it would be better to wait and enter the trade if the trend moves above $0.0616. ----> At...
Interesting to see GBPAUD D1 chart. We've been at ranging market for couple months. I spot divergence which are shown not only by MACD but RSI as well. Possibly it is indicating buy opportunity around the blue rectangle zone. Then the take profit target is the green rectangle zone. Trade well and wisely. 🙏🙏🙏
A Bullish Shark Pattern has checkback and retest. It seems like a busy Monday for Japanese Yen traders.
G'day all, hope you're well! I don't usually publish my ideas, but I thought this might be worth a look since I've been experimenting with the effects of EMAs and Fibs on charts in what I like to call "Order of Priority". So, let's dig in. Before you read on, you hereby acknowledge that you will possibly be exposed to crappy chart jokes that may or may not...
Interesting accumulating area that could end up being an ascending triangle bullish pattern if price closes above 307 resistance level, suggesting a long with 1.8 R/R. Bullish divergence is also seen.
FX:EURUSD EURUSD - Looking like we are coming for these lows to grab liquidity! Watch out
A Bullish Bat setup is here for sideway, counter-trend, and harmonic pattern traders. Two things to note, the market has not retraced to 1.7366 to validate the setup and Point C touches Point A candle body, which always bothers me. Despite of that, what I like about this setup is its profit factor and the RSI Divergence.
Hi everyone this is my first ldea here and to be clear I have 0 knowledge in crypto analysis but I'm developing some indicator any use it in trading like " Ultimate RSI With Some Spices " indicator -- I thinks that we have to break up the golden line here if we want to see BTC UP , but if we don't like the red line we'll back down another time this is simple I...
Can this really be true? I have a hard time believing that chainlaink would crash to these levels, but a head and shoulders pattern and an bearish RSI divergence give somewhat clear indications of such. BB on weekly "short term" gives hope but just a little.
USDJPY is on a strong Bullish Trend. However, counter-trend traders can wait for a retest at 139.11 to engage a shorting opportunity based on the Bearish Crab Pattern retest at the HOP level. A retest at the HOP level also means I'll be getting a RSI Divergence.
I think it is very bullish, or do you have the same opinion!?!?! If the corrective movement trend does not fall below the price range of $0.918, the possibility of forming an upward trend similar to the drawn scenario is not at all out of mind. On the other hand, Ethereum and Bitcoin have not yet issued a signal for an upward trend!!! As long as the loss limit...
Just wanted to post a basic beginner style chart for people to easily be able to identify with. 4 hr SOL/USDT chart shows us the RSI has made it into my buy zone and is currently making a bullish turn. We have been on following lower bollinger bands for 16 straight candles with only 6 confirmed bullish candles in this same span. Bottomed RSI, bounce near local...
EURCHF has fallen to all time lows. Based on our analysis, we are seeing H4, H1, M30 and M15 oversold. We see M15 and M30 divergence. The stop loss is very tight as this is a counter trend.
This pair is still in a downtrend. We are seeing the high of yesterday as a resistance. There is a small pattern to sell. And a big pattern to buy right at the bottom.
EURUSD is on its Bearish Trend, counter-trend traders could wait for further confirmation to engage the trade. There's a RSI Divergence that could give a little more peace of mind. Nevertheless, have a good risk management.
Current Market Cap - 6.3 Billion Tether dominance has risen over %284 ever since the market peaked back in November last year. However, it is starting to show weakness after it made a higher high while RSI made a lower low. The last time RSI printed a divergence, it signalled the market bottom and money started flowing back into cryptocurrency We could...
Gold is approaching good support. We see support at 1800 to 1820. There is a nice divergence and a double bottom in M15. Targeting the high of yesterday for the first target.