#WISH close to a bullish reversal? Here it is why... is why...Hi All, my main 3 take-outs from this analysis are the following:
1- Price is still moving inside the red falling wedge, finding static support in the lower red trendline
2- Strong divergence between MACD and prices, suggesting that the strenght of the sellers might have come to an end
3- In the next intraday sessions, it might be possible to see a further run up towards the 3.95-4$
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Macddivergence
$SGLB: MACD Bullish Divergence and RSI Oversold at Shark PCZI like this stock i'v traded it back and forth a few times looks like it's time to buy again.
DOTUSDT 1d timeframe breakout and retest chart patternDOTUSDT 1d timeframe
--- breakout and retest chart pattern
--- MACD hidden divergence
--- Enter after the breakout the downtrend, or MACD crossover.
NIO could break the downtrend line upwards NIO has been in a decreasing trend since the beginning of the year, which has been confirmed with a couple of bounces. Nevertheless, chances are that the price of these shares break this trend line and starts increasing, having as a first objective attaining $49-50 per share.
The MACD indicator is right now pointing upwards, which means that the two lines that provide its signals could cross in the following trading sessions, providing a more clear buying signal to the market. Therefore, we will be waiting for a breakout signal.
On the other hand, whether the downtrend continues, a triangle figure could end up being created.
Starbucks To Rise Monday I am bullish on SBUX based on the technical indicators I use, especially the MACD. I see SBUX hitting a minimum of $112 a share by the end of the week. Divergence+ shows a green cloud below the most recent candles showing bullish divergence while MACD shows a decrease in selling power. This is an opportunity for SBUX to pop a small 2-4% this week.
What are your thoughts for SBUX?
Do you have a stock you want me to analyze?
Comment below and make sure to like if you like this analysis.
The only divergences guide you needHello, everyone!
There are a lot of traders and many of them use divergence in their own way. Most of these ways lead to the deposit losses in the long run, because generate the late entries. I like to trade with Alexander Elder’s approach to the divergence. It has the clear entry condition and the small stop-losses in case of mistake. Divergences allows to enter the market exactly before the actual trend reverse, thus you always buy the dip and sell the rip, which produces the best risk to reward ratio. Foe divergence defining we will use MACD indicator, but you can choose any oscillator with zero-lne. After reading this guide you will be able to define divergences on every appropriate oscillator.
Let’s consider this approach!
Bearish Divergence
What is bearish divergence? For the true bearish divergence we should see four obligatory signs.
(1) Point C on the price chart should be higher than point A.
(2) Point C on the MACD is below than point A.
(3) The MACD histogram have to cross the zero-line to the downside to form the point B
(4) The MACD histogram have to cross the zero-lne to the upside after the (3).
Now it’s time to find the entry point. Point C is formed when the decreasing column appeared on the MACD. (5) It is the time to execute short position . Stop loss we should take above the point’s C high. As you can see we have the very small stop loss with the huge profit potential.
Next condition enhances the short signal:
(6′) Decreasing MACD lines while the price increases.
Bullish Divergence
Bullish divergence is the opposite to the bearish. We have to see the following conditions.
(1) Point C is below the point A on the price chart.
(2) Point C is above the point A on the MACD histogram.
(3) We have to see first MACD histogram crossover with zero-line to the upside to form the point B.
(4) Than we have to see the opposite crossover to the downside.
Now it’s time to wait the first increasing column on MACD histogram to spot the point C and (5) execute the long positions . Stop loss should be set below the point C low.
We can often see the price decrease continuation to the point D, this point is (6) also forms divergence, which enhances long signal, like the (7) divergence with MACD lines.
In this particular case the stop loss was not hit, but it could be the case. In this case we should re-enter position when the divergence conditions was met again.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Do you agree with a big profit in EURGBP? Let's go 😉Hi dears
The situation is very good for the euro to be bullish in a few weeks. In the coming days, wait for the break of the trend line and safely open a long trade.
The 0.83750 area is a very important area for the euro, so we expect a reaction to this price. On the other hand, in the daily and weekly time frames, we have macddivergence, which give us confirmation of entry for a good purchase.
Make us happy with your likes and comments. Thank you
TFUEL LONG @ $0.356, SL $0.277, TP= $0.865, Risk Reward = 6.4Title says it all symmetrical wedge with compressed prices consolidating and now about to break out. Price is lagging behind the MACD breakout of the downtrendline on MACD. Bullish Divergence on MACD shows this is about to occur and price compressing like a spring should make this a very rapid move to the upside. Target Price = $0.865. This is a 6.44 R trade.
LINK BREAKOUT, LONG @ $31.14, TP = 69.8, R = 6.28Long LINK at $31.14 with recent BREAKOUT and support with resumption of the trend as we bounce above the high of the last candle support test low. This signals another BUY signal along with the curling UPWARD of MACD and breaking above ZERO line on MACD. Finally MACD also breaking out of wedge with upward momentum. Upside Target Price = $69.8. SL = $24.988
stay alert on SOLUSDT !!!in 1H on BINANCE:SOLUSDT we can see resistant trendline and RD -
so if our trigger ( androw ) broken up down and make sure that RD is correct
we can get short on it.
by moj3.ir
trade assistant
West Texas Oil: Trend ReversalThere are multiple signals that indicate that WTICOUSD (West Texas Oil) will reverse the current trend.
Price is still moving upwards but might soon change direction.
All signals and indicators are related to daily candles.
There is a strong divergence of price vs. the MACD histogram
While price is going up, the Commodity Channel Index (CCI) is showing lower highs AND lower lows
MACD is about to cross the signal line
These are three signs that we might see a trend reversal - and I'm pretty sure, that with further technical analysis, we would see more signals that will prove the idea of a reversal.
When shorting Oil, the profit target could be at the monthly pivot point at around 73.158.
The current monthly pivot has not yet been touched by price - the probability is high, that price will drop to that level.
Pure Technicals Outlook for SPX
We can expect a minor contraction based on MACD, Guth 3x confirm, and D+ divergence cloud.
Key word is minor! Our new point of resistance on the 45min chart is 4416.10 which would only be a 55 point drop ( 1.24% )
This drop could happen at the open, or intra day.
This is not processional advice but I ask you fellow experienced traders to give me your thoughts on this and possibly a collab.
I am using this as an indicator for if I am going long next week or short.
What are your thoughts on the week ahead, it is always good to trade with the market trend.
Set To Fall NKE is set to fall immediately, I have placed a large position to put NKE.
Technicals to look at:
Divergence+ gives a sell signal & their signals have not failed me in the past. I have been a long term customer and the profits I have made from these signals have paid for the subscription the remainder of my life. These signals are based on RSI & divergence. I am sponsored by @marketscripters so please message them for info on a low cost subscription that can help you make better trade decisions.
The MACD also shows weakening bullish divergence & growing bearish divergence
Guth 3x Confirm also has 2 very strong sell signals
My plan is to buy Puts for $155 a share Expiring 10.22.21 at the open of todays trading session and scalp a 5-75% profit based on this drop
Follow for more charts like this
Strength & No Emotion Those who are following my SBUX prediction ( link attached ) is still highly probable. We now have support from D+, 3x confirm, and the MACD.
Growing bullish divergence with 2 buy signals from two very reliable scripts are pointing to $114 price target by Friday.
MACD 4CThis indicator will add value and support the technical trader with a visual representation of the MACD histogram.
The above shows the indicator trading method in a AUDUSD M15 chart. The indicator shows the histogram in 4 different colors. The histogram is displayed in Green and Lime color if the histogram is above the Zero line. On the other hand, the histogram is shown in Red and Maroon color below the Zero line. The best method to identify the beginning of the trend’s end is to apply MACD 4C.
-We use the MACD 4c indicator to identify the divergence.
4 Coloured MACD
lime = positive rising
green = positive descending
red = positive rising
maroon = positive descending
BankNifty - MACD DivergenceBank Nifty shows a divergence between the two highs and the histogram of the MACD .
Short should be confirmed when a negative crossover of the EMA's occur within the next few days
ADA short on wave 4RSI bearish div on daily and weekly.
Entry: 2.9
SL: 2.972
TP: 2.49
4H looks like a rising wedge with multiple bearish divergences.
Nothing else to say.
Short Of The Week My weekly position! Going to short ( buy puts I should say ) Planet Fitness
Technicals & Fundamentals support a decline in value of this stock short term and I am very excited to explain my findings, beliefs, & trading strategy.
Technical Analysis:
I. Candle stick analysis
II. MACD shows growing bearish divergence/ weakening bullish divergence
III. Elliot wave shows that the second wave has been completed & the third descending wave is about to form ( opposite could happen if stock rises which is unlikely )
IV. Guth 3x Confirm shows a sell band as well as price & volume trending downward with stronger selling to come based on the red line.
V. Visible range shows high levels of trading as low as $73 a share which is close to where our lower low could be ( $70 )
Fundamental Analysis:
With the Delta variant of Covid-19 this could increase fear and make investors weary of buying planet fitness, there is plenty of room to sell off based on the technicals and selling volume has the potential to increase significantly bringing us to the true trading range of $73.
My Plan
What I will personally do is buy my puts for PLNT to hit $72.50 expiring 9.20 & will attempt to profit off the dip in a day trade or week long hold depending on price movement and trends.
Your thoughts matter!
I love reading everyones comments on my publications and would love to see your thoughts on my analysis as well as your thoughts on the short term future of Planet Fitness. Hope to hear from you all and anyone attempting to make a trade based on this analysis take extreme caution as I have been making lots of inaccurate calls/puts lately.
I do have a track record of being right and have almost 600 followers to back me up so I am not giving up and am looking forward to taking over this market again.
The MACD explained ! All you need to know about it Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
In this video, I am gonna explain what is the MACD and how to use it and how to identify buy and sell signals using this indicator.
So what is the MACD, The MACD is a trend-following momentum indicator (so a momentum indicator is a technical analysis tool that allows us to determine the strength or weakness of a stock's price movement )
There are a lot of people that use the MACD when they analyze charts because it's very simple and it's very good but I always say never just use 1 indicator to analyze a chart, always try to use at least 3 this way u can make sure that the result is more accurate and the market most likely to move as u analyzed.
let's look at the theory behind the MACD before looking at a real-life example and how to identify buy and sell signals using this indicator :
The typical settings for the MACD are 12 26 and 9.
The MACD consist of 4 parts :
1) Zero line
2) MACD line
3) Signal line
4) Histogram
We start off with our zero line and this is where the MACD line and the signal line move around and basically so if the MACD is trading above the 0 line then it's bullish and if it's under then it's bearish.
Then we have the MACD line and it comes from the 12 26 section, and it gets calculated by subtracting the 26 EMA of the price out of the 12 day EMA of the price.
And after that we have a second line that gets plotted from the 9 section so basically, it’s a moving average for the MACD line so it tries to smooth the MACD line and give us some signals and it's called the signal line.(it's called a signal line because that's where we get our buy and sell signals from)
So on top of that, we have another part in this indicator which is called the histogram. So this histogram job is to show how close these lines will crossover, so when the distance between the MACD line and the signal line is far the histogram gets bigger and bigger.
So how do we use this indicator :
1) Crossovers between the MACD line and the Signal line.
* When the MACD line crosses above the Signal line then its a buy signal (Bullish Crossover)
* When the MACD line crosses below the Signal line then its a sell signal (Bearish Crossover)
2) The Histogram .
A lot of people use histograms as a way to predict when a reversal will occur.
We know that the MACD is a momentum indicator so it can show us when sell pressure is low. And that means it might be a good time to buy. And It can tell you when your long position is about to run out of steam and when you should exit.
3) Divergences between the MACD and the Market Price .
A Divergence means that the indicator is not moving in sync with the Market Price and a Reversal could happen (Note that Reversal trading is risky so please calculate your risks before using this Strategy)
always remember that :
Bullish divergence is when the Market price is going down but the MACD is going up.
Bearish divergence is when the Market Price is going up but the MACD is going down.
I hope I’ve made the MACD easy for you to understand and please ask if you have any questions .
Hit that like if you found this helpful and check out my other video about the Moving Average, Stochastic oscillator, The Dow Jones Theory, How To Trade Breakouts and The RSI. links will be bellow
Disney To Hit $180 This Week Disney is looking to hit and even pass $180 this week, even with earnings approaching. I will divide this analysis into 3 sections; Technical Analysis, Earnings, Fundamentals.
Technical Analysis:
-45min candle stick chart shows a green candle in the latest 45min segment.
-Divergence+ Shows growing bullish divergence as indicated by green shadow between latest candles, based on this shadow there is indication that there is still room to fall as the cloud does not have an outline ( below 40 RSI ) and does not yet have a buy signal.
-Elliot wave analysis shows that our second wave may have been broken and will be safe to make a decision about buying after 2 45min segments to make sure this is indeed a break.
-MACD shows weakening bearish divergence & signals that bulls are taking control, something to watch Monday.
-Guth 3x Confirm shows that price and volume are low in comparison to MA and is about to initiate a buy signal
Earnings: Trading near and during earnings is extremely risky as investors could increase their position ahead of earnings or decrease their positions. Especially institutional investors trying to avoid volatility. However DIS has a track record of beating earnings.
Fundamental analysis: Do you think the Delta Variant of covid will impact the market this week? Or will investors shrug this off? Would love to hear your thoughts in the comments.
ETH bullish harmonicETH price action is contracting in downtrend forming a falling wedge.
We do see bullish divergence on MACD histogram and RSI on the 4H
By my count we had 5 waves down we should at least see a ABC correction up.
Entry :
0.786 Fibonacci ratio at ~1865$
0.886 Fibonacci ratio at ~1796$
For a more conservative approach we could wait for breakout from wedge with confirmation.
Stop loss :
Breaking down from falling wedge to around ~1700$ or Bitcoin rolling over.
Target :
First target should be point of harmonic pattern B at around but this gives a risk/reward ration of 2.31 witch is a bit to low.
Second target should be point A at around 2287$
Last target should be point C at around 2400$
Important notice
If Bitcoin loses support this idea can be invalidated really fast. 30k level most hold.
We are already breaking out of major support resistance also in RSI trend. This could roll over fast.
VIPS MACD Divergence by MADO how I use it to predict Breakouts2VIPS
First I want to give mad props to MADO for his/her Divergence MACD Indicator. I found this last night and this is what I have found while using it. Although it doesn't preplot every divergence I would like to see and there are a lot of other things I wish it did...maybe some programmer or Mado themselves would like to help put what I see all together into one indicator. That Said while using the indicator I found that not only can you predict when it will break out but also what it will do when it does, and how far it could go. I have only tested this on a few stocks as I just found this out and wanted to post it while I was discovering it. So its not polished and its not withheld in any way its exactly as I am discovering it. I will make a video again as the first 2 errored out due to my poor internet. lol
@MaDo if you are viewing this I want to give you mad props on this indicator. By far the best one I found and yes im using it not as intendid but thats how i use all indicators. If you are interested in helping me make a version of this with my twist to it I would gladly help you see it the way I see it so that you could. Feel free to reach out anytime.. That goes for any programmers that come across this. I see a lot of things most people dont due to my acquired savant syndrome and would like to share that with the world.
by iCantw84it
07.09.2021
