Moving Average Convergence / Divergence (MACD)
MACD & RSI Crossing up, LONG!Both MACD & RSI are crossing up, strong recovery play and is following other recovery stocks for rebound.
Buy UUU when MACD is above 0. Large gap and low float stock.So the idea is to buy a stock when it has large gap and low float, and then the lines are in the right direction as well. This takes alot of experience and practice but eventually you will understand it.
Current buy sentiment with potential sell forecast. Currently the pair is finding support at a major level. For a safe entry point off support to avoid unexpected swings I will place a buy stop at 116.500 with a take profit at 117.700. My personal sentiment is for a buy.
On the contrary a significant breach and close out below 116.000 will sentiment towards a 113.800 sell retest.
Given chart pattern if entry rules are followed whether it’s a sell or a buy will result in profit.
My indicators are set for a clear pivot into a buy with RSI making a pivot at the oversold zone and MACD/SIGNAL attempting to fan outside of histogram bins that signal low volume sellers for a cross heading towards 0 line.
Please comment with thoughts and Ideas. Attached is a previous premium price action forecast that was spot on. Thank you.
EURNZD direction forecast The pair is at a key resistance. I am looking for continued rejection to drop to next key support as shown on chart. A retest of the top support is possible before a drop. A break through top resistance will sentiment towards bullish trend continuation.
MACD and RSI are in their pivot zones for a reversal but also have much room for a takeout and continuation. My entry will be a MACD signal cross with strong rejection.
Please comment with thoughts and ideas and make sure you read my forecast thoroughly. Thank you.
Buy scalp with supportFinding continued support .90900 which correlated with the current RSI trend support.
All indications point towards upwards momentum to retest the current top resistance in this channel.
A break of this support leads to the next support retest.
Please comment with any thoughts and ideas. Thank you.
Ascending channel trading (Sell/Buy scalps)Presented is the 1 hr chart. A clear ascending channel is in play with high volume buy/sell swing trades. This is a perfect scalping channel to gain profits off a current volatile market.
Look for buy and sell opportunities from supports and rejections. A significant breach out of the channel may sentiment a new direction pattern.
Current position is set up for a sell looming at the top of the channel.
Please comment with thoughts and ideas. Thank you.
Buy/Sell within straight channel.Presented is a simple channel setup while we are bouncing between major low support with current channel high resistance. Pullbacks are significant in this zone as you can see on the chart.
My sentiment for this pair is entering sells at top resistance with rejection and entering buys at the major support with support confirmation.
Current indicator sentiments towards support retest.
Please comment with thoughts and ideas. Thank you.
BTCUSDT and " Hidden Divergence on MACD "Hi Dear traders, nice to meet you.
"Like" is a huge force for me.
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In my opinion, this is Hidden Divergence on MACD
It has a good position for the uptrend.
We have to see what happens in the coming days.
Happy Trading and Stay Awesome!
Forecast off .90600 retestPresented is a forecast based off the direction from .90600 retest.
If there is a significant break look for a retest of .89900 which will create a nice buy opportunity if that support holds. If .90600 support holds I expect a pivot to retest .91300-.91500.
MACD and RSI indicate the current sell off.
Please comment with any thoughts and ideas. Thank you.
AUDCAD direction forecastThe pair has reached a major resistance on the daily following the recent bull uptrend. If resistance holds strong a retest of first support is possible for the bulls to load back up in attempt to make a push through the top resistance. Of the support does not hold a retest of bottom support is possible. This would present a great buying opportunity from that level if it was to continue in a straight channel.
RSI and MACD indicators are set for a sell off of some sort if top resistance hold. If top resistance does not hold look for that first retest and continuation off next resistance.
Please comment with any thoughts and ideas. Thank you.
EURUSD SellEURUSD Sell
Reversal signs + trend line analysis + Support and resistance
TP1 and move SL to BE
Trade at your own risk
FOREXCOM:EURUSD
Technical sell with pullbacksRSI is in the overbought zone while we are finding rejection at top resistance. Given the chart pattern I forecast a sell off to bottom support with pullbacks as mapped in the chart.
If the MACD line crosses down on signal this will help give a push further away from resistance.
Please comment with thoughts and ideas. Thank you.
Buy (Identical to previous buy success)The pair found support at this zone setting up for another buy to retest top channel resistance.
The setup is almost identical to the last buy opportunity at this level. Look for the same pullback action as mapped on the chart.
MACD/Signal are making a push towards the 0 line to increase momentum. RSI has room to breach overbought zone.
Please comment with thoughts and ideas. Thank you.
Sell with continued forecastFinding rejection at top resistance.
Read the chart for TP and retest area for pullbacks and continuation/ pivot. Line space arrows represent potential direction off TP 2 support zone.
RSI and MACD are set up for a sell off as well.
Stop loss with break of top resistance with continued trend.
Please comment with thoughts and ideas. Thank you.
Sell off confirmed rejectionLooking for a sell opportunity with a top resistance rejection. Using 2 am timeframe trend for the reversal I have mentioned in previous posts 2 am is often a strong pivot point time.
If there is a significant break and close out above top resistance the trend may reach for the next resistance to retest.
Please comment with any thoughts and ideas. Thank you!
Buy off supportAnother buy opportunity with this pair off bottom support channel. Stop loss would be a significant break and close out below support. This would sentiment towards a continued down trend.
TP at top resistance as presented on chart. Expect pullbacks.
Please comment with any thoughts and ideas. Thank you!
Strong support and pivot. Buy and retestWe found another support and pivot at 1.32500. Previous pivots at this support retest 1.34000 resistance before continuing to retest 1.34500. I expect a similar play out.
Please comment with any thoughts and ideas! Thank you.
Retest daily supportWe have breached key levels for confirmation of a 1.7500 support retest, seen clearly on the daily. With this momentum the trend to retest is probable.
Please comment with thoughts and ideas!
Sell with safe entry pointWe have a significant breakout bar through a key support. For a safer entry wait for a break and close below .95800 as this serves as a strong pullback point. RSI and MACD have some room to break into their oversold zones to reach tp zones.
Pullbacks may occur at tp 1 and .95200.
Read the chart for better understanding and please comment with thoughts and ideas. Thank you.
Sell (Price action entry point)Presented is the 4 hr chart. Looking for a sell entry based off price action with RSI and MACD technical confirmation.
We saw a bull breakout bar with a key resistance rejection following an exhausted bull trend. Based off price action rules a longer full pivot waiting period is occurring along the key resistance (explained on the chart) I will wait for a bearish breakout bar in the 1 hr to enter a sell trade.
RSI has been looming along the overbought zone with the MACD set to cross down on signal.
Please comment with any thoughts and ideas. Remember my entry rule before making moves. Thank you.
