Drop a like if this helps you out :) The MACD has just crossed on the hourly, if you look at previous crosses you can see that this is a rather powerful indicator and usually results in a nice rally/downtrend. The MACD indicator is one of my favourite and in my opinion on of the most undervalued indicator out there. I almost never take a trade going against the...
Entering on a bullish MACD cross while ABOVE zero-line , signaling bullish continuation. Note that I use MACD ONLY for continuation and do not attempt to find reversals using the MACD as I do not find it to be very accurate in FX Trade is on the daily timeframe and has a 1 ATR stoploss (148 pips), 1ATR target 1 where I take 50% of my position off and move...
This chart uses Heikin Ashi Candlesticks with CM TrendBars (21D), EMAs (9,15,21,55), RSI (13D, 80/20 ranges) and a MACD indicator. The Heikin Ashi candlesticks are a different type of candlestick pattern, meaning ‘average bar’ in Japanese, which reduce underlying noise and produce a smoother looking candlestick pattern. The ‘smoother’ candlestick patterns is...
Followed plan for the most part. Daily MACD looking prime for bullish cross to the upside on a double cross over pattern. This is a major area of support from where previously we saw a rapid extension to 0.5 from 0.18. Plenty of upside movement meaning that sellers are wary of stepping in the way and buyers are entering large positions at this point. Today (6th...
I am looking to create a strategy but I need help please. I've been using 3 MACDs. - MACD 1 = 1 Day - MACD 2 = 4 Hour - MACD 3 = 1 Hour The strategy is that I am using the 1 Day and the 4 Hour as trend indicators. Both of them have to be rising, then the long is taken when the 1 Hour MACD crosses above Zero at candle close. If the 'trend' MACDs are rising and...
in this idea i will be explaining you the MACD analysis done by me. but firstly let me run you through the chart. THE TREND LINES: RED LINE: its the trend followed from past several years before the 2020 crash. DARK BLACK LINE: it is drawn out from the market getting consolidated and from the bull rally post the corona's crash. its the actually trend which...
Bitcoin long-term view - bottom after MACD divergence Looking back to 2014-15 and 2018 we had a huge bullish divergence with lower lows on price chart but higher lows in MACD histogram A further confirmation can be found by a higher high on MACD histrogram after the MACD cross - called valid bull point in the chart Will history repeat dear Crypto Nation? *not...
■ The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an up/down trend is nearing its end. ■ As shown on the following chart, MACD rises above the signal line. Crossovers are more reliable when they conform to the prevailing...
The price has performed a double bottom pattern on the D1 chart, Also, while the price created the double bottom the MACD created a higher low, which's called MACD divergence. The combination of double bottom and MACD divergence creates a great setup for buy position. If the price will break the resistance above I'll look for a buy signal, If the price will move...
This is meant for educational purposes only. I expect a 30% rise in the price of Ontology soon. The MACD Moving Avererage is going to curl up soon...price action will follow the MACD upward. A good entry point to buy would be $1.40. Subscribe.
ALGN formed a 10-day double top, MACD diverging down. Will look at options first thing Friday May 17, 2019 MACD says price sbaround $315. OTM May 24 315 puts traded at close on May 16 around $1.65.
TSX:PEY appeared on my screener for a MACD crossover play. I applied Gann box and it looks like we are coming up on a critical point with the potential for the move upwards. I have shown the 48 Day periods which is part of Gann's 192-day cycle to see if there are any points of reversals and it lines up pretty nicely. It appears that we just passed a 48 Day...
See image please. *** Since Coinbase started trading the LTCBTC pair, the MACD on the Weekly Candles has only crossed 4 times, and the most recent was in October. We aren't seeing the volume or price increase this time, and I'm wondering if you all feel this latest MACD cross is going to be as significant as the prior three. *** thank you for...
Trade set up - Enter on a daily close above the 10 day EMA with stops below the previous weekly low of 58.35 and a short-term price target of 70.00 - 71.00, looking to add to the position once broken above the downtrend channel. Why we like this trade - Technically speaking, price looks to have found some support around the Feb 2017 high after the recent 33%...
Superior Energy Services Long NYSE:SPN MACD Oscillator . Will go long at when MACD Oscillator crosses up most likely around the price $9.19 and limit order set for 3% above that price where MACD Oscillator will most likely cross back down. 15 Minute Chart Used for Superior Energy Services
Watch that Macd Blue line crosses below red dotted 0 level line for confirmation Enter Short with Sell Stop @ 135.11 Exit trade @ 134.55 If Macd crosses above red dotted line exit
NYSE:HD has profitable for the past five years, with earnings per share (EPS) growing at an average rate of 17.67%. The company also pays a dividend, which has been growing at an average rate of 16.37%. The company's valuation metrics are also relatively healthy, with a price-to-earnings ratio (P/E) of 17.355 and a price-to-book ratio of 205.99. However, there...
The price is currently trading just below 200SMMA as the key resistance under the assumption that its major 4-wave triangle breakout could be possible with double bottom pattern and MACD golden cross. This bullish scenario has the downside is -8% and the upside is +10 - 20% with RRR: 1.5-2:1.