The weekly shows a rejection candle that went up to -1 ATR, a point of reversal the last couple of weeks that often resulted in a pullback to the 21 EMA. MACD Histogram is ticking up, although EFI is hanging around its EMA and not showing much strenght yet. Stochastic RSI is bullish and its %D line is rising.
There is a nice triple...
ANT is showing a triple bullish divergence on the daily. Then, after the tick up, a first higher low has formed.
The Stochastic RSI %D line is still decliing but decline starts to slow down. %K line is about to cross on the daily it seems, but the current daily candle is just half way.
The bullish divergence of price is against Elder Force Index,...
SXP usdt - starting uptrend first HL after bulldiv
After the bullish divergence on the daily, the price was consolidating for a while. Now Stochastic RSI is curling up and it seems the first higher low is forming on the daily.
After the bullish divergence, the downwicks showed some tails and the price was rejected a this -2 ATR level. -2 ATR has been the...
HII Bullish divergence on weekly and daily
On the weekly there is a ATR channel divergence, MACD-H and Elder Force Index divergence.
Stochastic RSI is coming from an maximum oversold condition and is curling up.
The previous last 4 candles each show down wicks, every week it closed much higher then the lows that week, a sign that lower prices were...
Holly Frontier Corporation
Bullish divergence on Weekly and Daily
To be precise, it’s not a pure divergence. Prices dit not really go lower then the previous bottom. But in light of the global market recovery and the hard hits that the Energy sector went through, it is likely that it will at least pullback during these bullish developments we’re seeing...
After a bullish divergence there is a first high, and then we see a finger pattern, that downwick which shows a price rejection. After that a low is formed, and price is rising again. The downtrend has clearly been broken and I suspect a move up to a new higher high.
The target would then a higher high between 100 and 113. It remains to be seen what the...
Comp has found a support around $127 and has hit that support two times and is now bouncing of.
This goes wish a llist of bullish divergences on the 4H Timframe, ending with a missing right shoulder divergence.
I expect after this divergence, at least a pull up to the +1 ATR on the 4H TF. Meaning a target of around 145.
Entry should be somewhere around...
Today I had a look at the longer term outlook for bitcoin .
Currently, the candle just opened, so it is a bit early to draw conclusion from this, but it starts to look ultimately bearish .
Prices went higher, but Elder Force Index and MACD Histogram are diverging. There is also a little ATR channel divergence.
Previous top shows wicks topped out in the...
On the 4H timeframe I see the downmove temporarily at least, diminishes in strength.
After the extreme wick, there was a rejection to be seen at 3350 support level. Then it ticked up 100 (!) points, and then it started to decline again. But these candles show downwicks, and there is MACD-H that is mildly diverging with the small rise in prices. The uptrend has...
On the weekly we see the prices go higher, while EFI and MACD Histogram diverge in relation to prices.
There is a ATR channel divergence as well, the high top goes well above +4 ATR, the top after that to +2,5 ATR and the current top to +2 ATR.
Previous pullbacks dip to somewhat below the EMA, around -0.5 ATR.
That would set the targets between 21 and...
"The EMA's just have crossed and the impulse is green.
Stoch RSI is still rising and the slow %D is still in the purple zone. Looking at the power up the upmove of the last 2 bars, compared to the previous 2 weeks, there is more power to be seen. On this weekly chart we're still on the +1 ATR level,and rising steadily. We could see a test of the 10,5K...
Long trade on American Airlines group
Double Missing Right Shoulder Divergence
On the weekly The impulse is yellow and allows the trade
On the daily I see a bullish double missing right shoulder divergence, Stochastic RSI curling up on the daily, prices also diverging with MACD lines and EFI.
On the 4H Timeframe Thers is a triple bullish divergence as well,...
Ontology Bullish divergence
The volatility for Ontology is usually pretty good, so when I see a bullish divergence and other factors are more or less in line, I like to trade it.
What I see here is a bullish divergence on the weekly and after that strong dump, due to BTC and the furious Bitmex liquidation cycles, I see that the EFI is definitely not...
On the ZEC daily, we’re seeing a bounce on support, although we’re in a downtrend, I expect a pullback to the EMA.
Impulse on the daily is flipflopping between yellow and red, and allows me to trade.
This means that the EMA and/or the MACD Histogram are about to turn up.
We also see some long wicks on the bottom, that seems to show that further going down is...
On the daily we see we are still in a strong uptrend, as well as on the 3D chart. A weekly chart of Tezos does not provide enough history to analyse.
On the 4H timeframe we have formed a higher low and price is around the EMA now.
The Stoploss is below the bottom wick at the bottom of the higher low.
I expect the price to rise to a higher high in the 4$ zone,...
On the daily we see we are still in a strong uptrend.
On the 4H timeframe we're pulling back, and the impulse is probably turning to yellow around this price. This does not allow me to take this trade yet, as the impulse is red, but it is about
On the 45 minute timeframe, we see a bullish divergence, which, if it plays out, will also turn yellow.
Target zone 122-118
R/R ratio: 1:1,2 to 1:2
TXN - Texas Instruments
On the weekly I see a rejection on the reistance of 132 $.
We have a bearish divergence on EFI and MACD-H, and the impulse is yellow as well.
RSI is still rising and %D and %K are widening, which is a bit worrysome.
On the daily, we see there is a...
KLA Corporation KLAC.
On the weekly we see strength is lessening and we even see a possible missing right shoulder divergence on the weekly,
so this could be a longer term trade as well.
This particular trade now focuses on the daily and 4H charts.
The weekly is just shown that is shows the lack of...