We have both Hidden and Classic Bullish Divergence at the 0.786 retrace and a Falling Wedge Visible on the Weekly Timeframe.
Going to try to catch a EURO Reversal from here as the RSI has bounced from being oversold at these levels twice in quick succession.
CIDM approaching 786 fib, which has continued to be a resistance level since last summer. It's held above this a few times, but in general, CIDM has failed to break above more times than it has successfully remained higher than this level. However, current potential support has fluctuated on the price scale but remains consistent vs the 200DMA (in red) for the...
FANUF FANUC FANUC CORPORATION is a Japan-based manufacturing company mainly engaged in the provision of factory automation (FA) machinery. The Company operates in three business segments. The FA segment is engaged in the development, manufacture and sale of FA products, such as computer numeric control (CNC) systems and laser products. The Robot segment is...
We experienced a 125pips move since my publication on this pair last week (see link below for reference purposes) and it appears that the correction of the Impulse leg is done as I anticipate another rally in the coming week. Even has the Greenback fell during the trading session on Friday, but the structure evolving at the Demand zone reveals signs of life again...
Awaiting a retrace to the .786 to buy
The gains accumulated by the Euro remains limited as structure suggest that investors are hesitant to buy the Euro amidst concerns that the Eurozone is in for more coronavirus restrictions in the nearest future. We had no execution on our last publications as price went the opposite direction with a significant Breakout of the Channel @ AU$1.54500 area ( see link...
TLT has hit a significant support visible on both the weekly and the monthly at a 78.6% Fibonacci Retrace from the previous low to high. I will expect to see TLT attempt a Bullish Reversal from the horizontal support zone i have highlighted in green. If we get any significant movement below the 200 week moving average then i would exit the trade. As for profit...
After completing 78.6% retracement, I've decided to go long. 78.6 and 88.6 are my two favorite retracement levels. Risk: 9.9% Reward: 98%
Decided to share my bullish bias with this chart on gold. Bullish bias: 78.6% retracement in 1/3 time Bullish hidden divergences in volume (and momentum, however volume is plotted on chart) Initial target is the total distance from A-B projected from C, coming in at aprox. 1998$ for gold, which in turn completes the bearish AB=CD. Other potential targets plotted...
BTCUSD Sell Idea given yesterday has played out perfectly
Last week we closed bullishly after bouncing off the 200 week SMA and staying above the 786 retrace, we are showing Hidden Bullish Divergence I think this looks to have potential to be a Bullish Gartley i will put my stop somewhere below the 200 week SMA and as for profit taking targets we're going all the way!
Twitter on the daily has been looking questionable recently with 2 daily spinning tops in a row while quietly going down. You're also showing an argument for Bearish Divergence on the weekly MACD and RSI with very weak looking price action: I expect a 78.6% retrace out of this.
weekly fibs show we are at a perfect level to turn around. All time high to 3k swing low fib we just hit the .786 3k swing low to 14k swing high is almost at the 1.272 ($16,741)
Banknifty might take support at 22000 as there are trendline support and demand zone too. If it reverse from "C" then 24400 target (SURESHOT) would be in cards , as there is supply zone it might take some time to breakout after some retracement and reach final target of 26000 ...
.786 retrace @254 rsi looks ready to leave bearish zone. no longer any selling pressure potential triple bullish on mac d
Iciciprulife retraced and might move upward... Targets on chart