I have been watching SNOW on hourly chart for a week.
This week it is just trading weekly S3 pivot (camarilla)
My rsi strategy triggered buy earlier and now it triggered add position
There is divergence in momentum ( bottom indicator on the chart) , price is coming down near S3 , but momentum indicator is going up
Momentum indicator also has squeeze feature(by...
QQQ is showing Long signal on RSI of MACD and RSI of VWAP strategies.
when it shows on more than one strategy , it is strong signal.
Yellow color on the chart is from RSIofVWAP , blue color on the bottom chart is RSIofMACD.
8 Mar 2021
I see W pattern on hourly chart
volume registered high (see below)
if price closes above 51.60 (green line on the chart ) ,
it will go up further 5.50 dollar up .. That is the height of the W pattern
I saw Head and Shoulders pattern on SPY hourly chart ... I have made these notes on the chart on 19th Feb . However I didnt get chance to publish the idea nor I took the SHORT trade.
Please note , this pattern already completed , dont enter any short trade now ... I Just wanted to share , to show how the pattern works
for TSLA stock , I have noticed ronded base on Hoourly chart , this might end up as CUP and Handle pattern. If that happens , Long entry can be taken when price comes out of handle ... (this is not formed yet )
I have been watching XPEL since a week ... it was listed as sector leader on investors.com
I see bullish divergence on hourly chart ( see the notes on above chart )
pocket pivot found ( large voulme registered today / 26th Jan 2021 )
Once it breaks the resistance level at 54.98 ( see the red line on the chart ) , it will go up further
Let me know...