Tornado_Trading

Tornado_Trading Updated 

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,...

Tornado_Trading

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...

Tornado_Trading Updated 

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,...

Tornado_Trading Updated 

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. SL: 3.35 Entry:...

Tornado_Trading Updated 

ONTUSDT Bullish tripple missing right shoulder divergence Ontology just shows a bullish divergence on the USDT trading pair on the daily timeframe. As far as I can see, this one is pretty strong, as we are also on a major support level. On the weekly the EMA’s and MACD-Histogram are still declining. I am expecting an uptick on the daily which will result in the...

Tornado_Trading

Entry: 130.52 Stoploss: 136.32 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...

Tornado_Trading

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. KLAC Weekly: This particular trade now focuses on the daily and 4H charts. The weekly is just shown that is shows the lack of strength, and a declining RSI as well....

Tornado_Trading Updated 

LINKT USDT Bullish missing right shoulder divergence On the daily we see a triple divergence with a so called missing right shoulder. Price diverges with MACD-H, MACD lines, and Elder Force Index. Trade is invalidated if the price is below the support line, more then 2 ATR lines away. I am seeing this ticking up in the coming days. The unsure thing is the...

Tornado_Trading Updated 

Entry: 0.00000530 Target 1: 0.00000644 Target 2: 0.00000712 Stop loss is 2 ATR levels away: 0.00000474 R/R ratio: Target 1: 1:2 Target 2: 1:3 Bullish divergence can be seen on the daily, and currently on the 4H as well, so the current level looks good to step in. The Stochastic RSI, has crossed as well on the daily.

Tornado_Trading Updated 

I will long ATMOS coming week. I see a nice set of bullish divergences on EFI and MACD-H, together with StochRSI crossings. Furthermore, a long wig is seen on the daily, which seems to mean there is a strong rejection there, and the market wants to go the other way. I expect the target to hit +1,5 ATR line on the 4H timeframe at least. But I will evaluate the...

Tornado_Trading Updated 

See trade details in the chart. I see there is a bullish divergence on the daiily and on the 4H chart. Weekly is still bearish, but in the bearishness I do expect the uptick as shown in the chart. It won't be a complete reversal per se, and and I more expect to get out at the bottom of the target zone, which will still be a 1:1.7 R/R ratio. Stoploss is set on 2...

Tornado_Trading

Bullish divergence on the weekly and on the daily I see a missing right shoulder bullish divergence. After this strong price recejection, I expect a move up at least to this projected target zone. From there on, it could move up even more, but the trade is here to find a nice exit and perhaps reenter, or partially stay in this trade. If the reversal looks real...

Tornado_Trading Updated 

I see both on the 1D and 4H charts a bearish divergence on the MACD-H and EFI against prices. AMAT is pretty volatile so I suspect the divergence will lead to a move on the 1D chart to the -1 to -2 ATR lines (see the dotted 2 lines). This is because the divergence is strong and this ticker often times hits -1.5 and -2 ATR lines. DMI shows ADX at the bottom, and...

Tornado_Trading Updated 

Amazon ( AMZN) shows a bullish div on EFI, MACD-H. DMI shows +DI is ticking up slowly. Daily impulse is yellow (neutral). This allows me to take the trade. I do see a kangaroo tail on the daily as well, with a good break of the back of the bear. Looking at the 4H timeframe, I will try to enter around 1731. I clumsily was too late at and missed the 1725...

Tornado_Trading Updated 

Long BTC for now. Bitcoin shows the power is less on the previous dump. We can see that the prices going down, while MACD-Histogram and Elder Force Index is tracing a shallower bottom. Often times, as we see a divergence, we see a retest of that local bottom, see the blue arrow. It seems we are bouncing from the local bottom for the second time, and this could...

Tornado_Trading Updated 

Triple Bullish Divergence on ONTUSDT. There is a missing right should divergence after the regular divergence Looking at the 4H timeframe, we see another bullish divergence, though not pure as the price did not get any lower yet. MACD-H is already retracing so I entered at 0.7055 entry @ 0.7055 SL @ 0.67 Target @ 0.84 (Target for me is always...

Tornado_Trading Updated 

ALGOUSDT is possibly an interesting trading vehicle for a swing trade. There is a triple bullish divergence, although it is a bit tricky because the daily chart does not look too good yet. One could wait for the daily to see the EMA's return positive as well as MACD. On the 8H chart, we can see how it develops. Trade entry 0.317 up to 3.23 0.317 (took the...

Tornado_Trading Updated 

This is an interesting chart at the moment. We did see a price decline after hitting the resistance, generally with declining volume during this price decline. It kept on going and formed a bottom, much higher then the previous bottom. I consider this as a rejection to go lower, together with the bullish missing-right-shoulder divergence on MACD-H and on Elder...