Last week we saw the December E-mini Russell 2000 Index futures continues its bullish run with its third consecutive green candle closing into the Ichimoku cloud and above its 52-week moving average. With this move up, the MACD showed a bullish cross indication by crossing its signal line. RSI is trending up along with price. A continuation of this uptrend might...
Doge is in a declining parallel channel. Awaiting breakout of the channel, and clearing the moving averages will setup a long to 0.96, then 0.108 and 0.146 resistance levels. The rsi is also supportive of such a move with it currently trending upwards and not in an overbought position. The MACD is also beginning to trend upwards with the MACD line crossing over...
based on previous view, I traded the level but on a random price to check if the zone works perfectly. Seems that zones work perfect only if it is meeting certain conditions. checking levels on bigger charts gives more clear view on your investment. Fib retracement on extra candles actually worked which-means having more candle in your area makes your trades more...
A quick analysis pre-FOMC. As this week get's off to a jam pack economic data spree, volatility or market direction will be important to watch going forward. For a technical view, please refer to the analysis image posted on January 27th.
NASDAQ:DLO is one of the new hot growth stocks that is in everyones radar. The good thing is that as it has been beating up for the las few months, it may be a good play. Since December the MACD is been signaling a bullish divergnece. Now, after a good double-bottom it seems that the price has made a pause making a handle. This volatility compresion with low...
Greetings traders, as in the title I see RSI divergences on multiple time frames. From weekly to hourly. Also for MACD in some time frames. This doesn't mean that the price won't rise to 50-60K but we could be heading towards an arrest of the bull run and, eventually, a deeper retracement. Just food for thought. Have a nice day! Deimos
BITSTAMP:BTCUSD BTC/USD is forming a Bearish Crab and is nearing the Potential Reversal Zone (PRZ). This is happening after the formation of the Bearish Gartley failed to reverse (see in Related Ideas). Notice the tight levels of the 1.618 XA projection and the extreme 3.14 BC projection. The Crab pattern is usually volatile in the PRZ so prices might reverse...
it might sounds crazy, but if this break through holds. We are in for hundreds of points to come in the next few months. KEEP IN MIND, that Elliott wave, Bollinger B, seasonality and many other analyst say that we r at a TOP or near a TOP ?! time of watching closely anything could happen at any time. Just remember this cycle 2009 to today is longer and it's...
The MACD divergence on the long term chart of TRV indicates prices should be near the $128 level. The topping pattern forming on the daily seems to add credibility that this move is over. The daily chart closed near the low today and the MACD on daily is diverging down. Those who follow other time frames will note the weekly while in a large double top too of...
The May 24 expiration 107 calls are under a dime, spread is bit wide and the Mqy 31 expiration 107 calls again spread wide .16 - .20. Im gonna grab 100 shares of the ETF for a short term move and throw stops very tight just under $106
Reasonable pattern and the start of the downturn today I've nabbed a few of the May 24th 31.50 puts at .20 for quick trade
ALGN formed a 10-day double top, MACD diverging down. Will look at options first thing Friday May 17, 2019 MACD says price sbaround $315. OTM May 24 315 puts traded at close on May 16 around $1.65.
Confirmed divergence for MACD and RSI - showing a reversal MA (100) and MA (50) are crossing = signal for sale target is 1.5400 as a strong support level
How to apply the Oscillator Divergence Indicator by JDLim to your favourite oscillator. 1. Like the script "Oscillator Divergences by JDLim" 2. Add your favorite oscillator to your chart. 3. Apply the "Oscillator Divergences by JDLim" to that indicator. 4. Confirm the correct input source is selected. 5. Trade well and donate if you become successful :) Link to...
Huge divergence on the MACD with clear trendline break, could drive price to 61.8 fib level. Try to get better entry cause another leg down is possible. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance...
The price should decline even further with a potential leg up without touching the trendline in order to complete the 5 waves and the bearish crab formation. These conditions, with continuous divergence on the MACD, will provide better probabilities for the down move and even more pips to cover, since it will be of different degree. 1) Never risk more than 2%...
The AUDUSD has been in a strong down trend. The 2 hour chart shows bullish MACD divergence. Usually this creates a short term rally in the overall larger down trend. I am waiting for a small rally to get back into the down trend. All the best!
Hello Traders, I am new here and this is my first post. I am a simple trader that looks for the repetitive nature of the market. There is Bearish MACD Divergence on both the 4 Hour and Daily charts for Cisco. This could be a nice setup for year end profit taking with the DOW having had such a huge run up over the last 11 months. All the best!