Hidden
KIWI may resume bullish behaviourNZD/USD has retested 0.6500 today closing as a low test bar and just shy of trend line support. Price has also reached the 0.786 Fibonacci level closing above it. Stochastic and RSI show hidden bullish divergence.
entry - above high of low test bar
stop loss - below low of low test bar
target - at previous resistance at ~0.6880
Shorting GBP/AUDShorting GBP/AUD as today's high test bar has shown resistance to ~2.0870, the falling trend line and 50 ema all of which have lined up close enough to a tee. Stochastic and RSI also show bearish hidden divergence .
entry - below low of high test bar
stop loss - above high of high test bar
target - at previous low or lower
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Return of bullish sentiment on AUD/USD?A retest of ~0.7070 and a third retest of the ascending trend line shows price maintaining structure of new higher highs and higher lows. As indicated too to by oscillator hidden divergence a bullish rally may resume.
entry - above high of Friday's reversal bar
stop loss - below low of Friday's reversal bar
target - at or above previous high
A short entry on GBP/AUDShort set up/entry reasoned from:
- high test bar close
- resistance at ~2.1470
- trend line resistance (4th test)
- rejection around 50 ema
- 50% retracement and close below
- oscillator bearish hidden divergence
entry - below low of high test bar
stop loss - above high of high test bar
target - at previous low or lower (after break of and close below previous low)
Inside bar set up on GBP/USDRationale for taking a short trade on GBP/USD
- down trend (lower highs and lower lows)
- price pulled back into a previous level at 1.5500 and 200 ema, and closed below both thus encountering resistance
- an inside bar formed just below this level of resistance
- in its pull back, price also found trend line resistance (4th retest) and closed below
- oscillator hidden/trend continuation divergence
entry - below low of inside bar
stop loss - above high of mother bar
target - at or below previous low
EUR/GBP - two scenarios0.7225 stands out clearly as a level on the EUR/GBP daily chart where price, it seems, is reacting in a bullish manner today. By day's end, should price close above this level, continuing bullish momentum could ensue. Evidently, this horizontal level, 50 ema and 50% retracement are acting as coalescent support. On the contrary, a close below 0.7225 may have price retest the rising trend line for another plausible long entry.
Sell sign on EUR/GBPUsing the following to back a short entry on EUR/GBP on the daily chart:
- inside bar
- resistance at ~0.7120
- mother candle rejects:
- 50 ema and closes below
- 0.786 Fibonacci level and closes below
- Fibonacci cluster
- falling trend line for the 4th time closing within the downward trend channel
- Stochastic hidden bearish divergence (comparison of swing highs), and Stochastic and RSI convergence
entry - below low of inside bar
stop loss - above high of mother bar
target - previous swing low or lower
Cup and Handle and Hidden Bearish DivergenceCup and Handle
The cup and handle pattern is very strong on this one. We may have to break the 240 resistance level (as outlined in red) for 2-3 times to get to the 250 level. The resistance may be around 254.
Hidden Bearish Divergence
Yep, as the the two indicators said. This one can't be neglected as well. We may effect a fall after the rise.
AUD/CHF shorting signsSimilar to AUD/CAD, AUD/CHF is setting up for a short opportunity with the following in view:
- inside bar following high test bar in pull back to 50ema
- price rejection at resistance at ~0.8210
- price retraced to 0.618 Fibonacci level which coordinates well within proximity of resistance at ~0.8210
- Stochastic and RSI in overbought territory
- Stochastic and RSI hidden divergence (bearish trend continuation)
entry - below inside bar
stop loss - above mother bar (above previous high test bar)
target - previous swing low at ~0.7830, or lower
Short end-of-day trade set up on AUD/CADConfluence of factors for short set up:
- resistance at ~0.9590 (also weekly resistance)
- inside bar formation in pull back below resistance
- 0.786 Fibonacci retracement/rejection
- hidden divergence (bearish trend continuation)
entry - below low of inside bar
stop loss - above mother bar
target - previous swing low or 1.272 Fibonacci extension
Alibaba Group - BABA - Daily - Key Hidden Level Support Why did BABA hold the level it did in the recent pullback?
It is the level where earnings were released on the way up - so there were natural buyers who wished to accumulate stock at that level who were waiting to an opportunity to buy at their price. They didn't want to chase after shares after the earnings report, rather, they lay in wait for a chance to buy them.
It is essential to know where a stock was just before, during and just after earnings were released to give you the keys to the "hidden levels" of support and resistance in a stock chart. This technology is now available to you through TradingView.
Tim 2:33PM EST 12/2/2014
Short AUD/JPYThe AUD/JPY daily chart displays consecutive lower highs and lower lows with a potential short setup to continue the visible falling trend (supported also by downward trendline). The current corrective phase seems to be running out of steam in initiation of a potential impulsive phase, with the production of a bearish reversal price bar:
- ricocheting off a previous level at ~95.20;
- rejecting the 50% retracement level which is contiguous to 95.20;
- bouncing off and (most likely) closing below the 50 ema; and
- bumping into the falling trend line encountering resistance.
Convergence is observable on RSI and hidden divergence on Stochastic. Both Stochastic and RSI are in overbought territory and are ostensibly preparing for a reversal.
Entry - below the low of today's bearish reversal bar close
Stop loss - above the high of today's bearish reversal bar close
Target - first profit taking zone at previous low/swing low (91.75), and possibly lower at 91.00 if swing low violated
* Ignore the placement of the arrow indicating RSI convergence.
Buy opportunity on CHF/JPYA low test close on CHF/JPY presents an opportunity for a long position. Today's low test price bar has tested the 114.70 level and is likely to close above it as well as above the 50% retracement and the 20 ema. There is, adding to this setup, supportive hidden bullish divergence (trend continuation divergence). The Stochastic indicator is in oversold territory and is due for a reversal. .
Although the daily chart demonstrates bullish signs, the weekly price action is still in the pullback phase.
entry - above low test close
stop loss - below low test close, or 50 ema
target - initially at previous high (117), and above
Blackberry Ltd -BBRY -Daily -Acting well and building for a moveKey Hidden Levels indicate that BBRY is having an easy time rallying and is set for a move higher, with a wide stop.
There is a Key Level up at 12.50 that I am targeting.
Buy dips to 10-9.80 and look for a move to a new 52-week high in the near future.
Earnings due 9/26
Tim 3:09PM EST, Thursday 9/11/2014 10.73 last BBRY
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REPUBLISHING Twitter Inc -TWTR- Daily -Buy against "Key Hidden..Untouched chart from earlier in August.
Low risk entry against "Key Hidden Level" support.
Upside TARGET REACHED TODAY at $50 from $43+ entry.
If you are interested in having these lines drawn for you automatically, try subscribing to the "Key Hidden Levels" at the "Marketplace Add-Ons" in the "Indicators" box on your chart. There are monthly rates and a discount for an annual rate. Powerful scripts are available to help you see what is really going on in your stocks. Follow the chat room too in the same name "Key Hidden Levels".
Tim 8/29/2014 12:30PM EST
Generac Holding Inc -GNRC Daily -Climbing above key hidden levelGenerator manufacturer likely to be in focus this hurricane season. Deeply oversold and climbing above key-hidden-earnings-levels. Plenty of upside with close support. Note how well previous "key hidden levels" have performed.
Target 53, 47.36 last, 46-45.50 stop loss area. Buy down to 46.80.
Tim 10:21AM EST 8/26/2014
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Newmont Mining Corp NEM -Daily -Key Hidden Level Support HeldNEM is gyrating nicely between Key Hidden Levels and missed by just 4c on the recent pullback to 25.79 on Monday (missing the 25.75 Key Level).
Key Hidden Levels, I believe, are good for a year beyond the date that they occurred and provide a strong "market-memory-level" that stops a stock in its tracks as it runs into familiar levels that bring traders and investors out of the woodwork.
Try using "Key Hidden Levels" and see how you can redefine your trading.
27.20 target NEM. Buy zone 25.75, Buy zone 25.50 (+/-)
Tim 26.37 last 10:06AM EST 8/26/2014