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Bullish Divergence

GBP/AUD: Review!!!In this forex par, was a pretty well trade to long position when I identify very well a bullish divergence in RSI forming a lower high and price action lower low. The RSI had indicating a change of trend in GBP/AUD what this trade was pretty well to trade in long position. I was like 100 pips in profit or 6.33% in earnings in this trade. But from this point at $1.6986 AUD I supposed to closed up this long when the price starting to down. But that was at early movement in the European Session. And so, also that I don't made it's when I was in profit, the only that I will need to fix it's put my break even to protect my earns, whether it's few earns. but I closed up this trade in this bearish pressure, but the loss was small like of -0.87% in loss. And also, I made a very good analysis and put my buy order in the smart point very good and in profit like 100 pips. So, I know that it's very natural that we can't to watching the chart 24.7, and I know that during the European Session. America it's in the early when everyone it's sleeping. Also, I suggested that a when the EMA 200 make resistance veyr clearly in H1 timeframe, it's a good moment to closed up a trade like this and get profit in it. If I closed up this trade in the below of the EMA200, I would have 100 pips in profit in this trade. So, I believe that I mastering this trade very well. The only it's put a break even when I was in profit like over 70 pips. But I made this trade pretty well and the only advice for me and for everyone when this situation occur in the EMA 200 like resistance, or the contrary support, closed up a trade like this and get profit, But I know that a bullish divergence in RSI could to have passed in this trade. This it's the H4 timeframe. That it's all my information that I bring in this trade to learn and work our analysis better.
Short
by harisonhbn9718
2
XAGUSD Spot Silver LONG - Reversal from Double BottomOANDA:XAGUSD Spot silver put in a triple top in early March into early April on the daily chart. It then descended over the next three months in what may end up being the leading side of a cup and handle pattern into a bottom about July 13th. Spot silver then rose a bit over the next five weeks and now has retested the bottom now forming a double bottom. Relative strength was gradually decreasing over this time while underneath its Ichimoku cloud. However beginning about July 15th, the relative strength began increasing and is now above the cloud. The leading cloud edge to the right is red and rising. This is a hint of bullish divergence perhaps forecasting the reversal is in progress. That said, I see spot silver reversing to an uptrend which could also be the right side of a cup and handle pattern underway. If formed a cup and handle pattern suggests bullish continuation. I see this an an excellent swing long setup with potentially 40% upside.
OANDA:XAGUSDLong
by AwesomeAvani
HANA | Elliott Wave Projection | Inverse Head&ShouldersPrice action and chart pattern trading setup > Elliott wave projection downtrend breakout with inverse head & shoulders pattern > A possible wave B rebound targeting 0.382 - 0.5 retracement of A > Entry @ H&S breakout SMA25W > Target @ 0.382 retracement of Wave A / SMA50W zone +25% > Stoploss @ right shoulder / SMA400W -12% > Risk reward ratio: 2:1 Indicator: > RSI Week bullish divergence, breakout MA line > MACD Week golden cross below baseline Always trade with affordable risk and respect your stoploss
SET:HANALong
by dukeposh
EURUSD - The downtrend is at the end! Elliott Wave + Channel The EURUSD is successfully holding the 1.0 USD level. This is indeed a significant psychological level, and we haven't seen any weekly or monthly candles that closed below this level.  On the RSI indicator, we have a bullish divergence on this daily chart, and we also have another triple bullish divergence on the weekly chart as well! So, if you like divergences, this is definitely your cup of tea.  As per my Elliott Wave analysis, this huge downtrend should be over (or 1 last wave to the downside), and that's why I expect a corrective move to the upside (ABC correction). Let's see how big this upcoming retracement is going to be.  On the daily chart, we can spot a beautiful descending parallel channel, and if you prefer to wait for confirmation of my bias, then you can wait for the channel to breakout.  As you can see on the chart, we had 2 fakeouts during this downtrend, which indicated a corrective move. Usually, the third breakout is real!  The profit target is at 0.618 FIB + the start of wave 4. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
38
CAD/JPY - 1H - Breakout SetupCAD/JPY is in a range, forming a symmetrical triangle . The price action is currently testing an important resistance zone after forming a double bottom on support zone. I'm expecting a resistance breakout due to Double Bottom + Bullish Divergence on the RSI and Volume uptrend on OBV. Now key zone for bulls is to break above the resistance zone. While a break from support zone will bring bears in party. The price could also stay in the range. Trade your levels accordingly.
by yo_zubair
CRONOS $CRO Long Idea - Hidden Bull DivI'm thinking we get a trend continuation here on $CRO, after that big rally a few days ago price has pulled back and bounced from the break out level There was a breakdown and retest of the 20 period H4 simple moving average and is still currently below that level, so we may see another move down before up, however i think up is more likely due to the hidden bullish divergence on the RSI. tldr entry 0.140ish region stop 0.13845 below prior swing low wick target 0.15455 (previous candle close swing high) however if BTC continures to go up i expect further up side to 0.167 or so Follow me on Twitter :) im just rebooting this account after sometime
FTX:CROPERPLong
by disgruntled