Macdivergence
AUDNZD may begin to rise again!Hello Traders,
The AUDNZD may be nearing the end of its current pull-back. Bearish Divergence formed at the previous high on the 16H MACD/Price Chart, signaling the current draw-back. It appears this draw-back is coming to an end as the price is being rejected at the 50-EMA. Also, RSI has cooled off from OVERBOUGHT territory and is beginning to diverge from the Price Chart.
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*The above is not investment advice but simply my analysis of the current market conditions*
Azure Power Global: divergence confirmed, downtrend is startingwww.vfinvestment.site
The price crossed down the 100-day moving average very rapidly, the divergence with the MACD was validated by two very strongly bearish candles, MACD looks pessimistic and RSI indicates no oversold condition. I think that is more than enough to assume the price will revert down to the historical support/resistance of 11.80, if not break through it. If you really want to go certain, you can wait for the price to cross the 200-day moving average, but by that time you will probably lose some potential profit.
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Please, maintain proper position sizing and risk management!
AUDCHF looking to continue its upward climb.Hello Traders,
The AUDCHF may look to continue its upward streak. I initially was looking at a short position pull-back on the AUDUSD but found Hidden Bullish Divergence on the shorter-time frames so decided against it. It looks like the same Hidden Bullish Divergence has formed on the 3H AUDCHF MACD/Price Chart. The RSI has also cooled off a bit on the 3H RSI. I decided on the AUDCHF over the AUDUSD as the AUDCHF seems to have a bit more room to climb before it reaches its December 2019 levels.
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*The above is not investment advice but simply my analysis of the current market conditions*
AUDUSD about to drawback?Good Evening Traders,
The AUDUSD may be ready to make a pull-back. The pair did not quite make it to .7000 and it is hitting strong resistance on the 1W. Elsewhere, Bearish Divergence has formed on the MACD/Price Chart on the 16H. At each point Bearish Divergence has formed during this uptrend, we have seen a draw-back. RSI is also well into OVERBOUGHT territory on the 16H RSI.
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*The above is not investment advice but simply my analysis of the current market conditions*
CADCHF drawing back to resume Rise??Hello Traders,
The CADCHF may be setting up for a decent long-entry position. On the 4H, price has started to diverge (bearish) from the MACD signaling the current pull-back. I will be looking for Hidden Bullish Divergence to form on the 8H MACD/Price Chart to signal the continuation of the upward trend. If the price pulls back to recent support/50-EMA on the 8H, the Hidden Bullish Divergence should form. Entry consideration would be made at this point.
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*The above is not investment advice but simply my analysis of the current market conditions*
ASTBTCTargets on Chart
Ladder Entry Between 0.000000613-630
Short Position
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#MACD
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CHFJPY about to pull-back?Hello Traders,
It appears the CHFJPY is setting up to make a pull-back to recent support. Hidden Bearish Divergence has formed on the 1D Price Chart/MACD. The MACD is quite far from the zero level as well so it has some room to move downwards. I am expecting a decline in price to around the 240-LMA. If the price closes below the triple MA's, the move may continue downwards.
Looking at the 8H, Bearish Divergence is forming on the Price Chart/MACD. Short-Entry consideration would be made when the lower-high is completed on the MACD.
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*The above is not investment advice but simply my analysis of the current market conditions*
CADJPY Trade Plan. Will it continue upwards?Good Afternoon Traders,
Following the recent spike in price on the CADJPY, a pull-back may occur before further upward movement. On the 16H, price has closed well above the 240-LMA and it appears new support may have formed around the 78.16-78.52 region. RSI has entered Overbought territory as well. Bearish Divergence is beginning to form on the 16H Price Chart/MACD. If price draws back to support and Bearish Divergence is formed, long-entry consideration would be made.
On the 3H charts, price has been Diverging from the MACD for 3 consecutive highs. A 4th area of Bearish Divergence is currently forming on the Price Chart/MACD. RSI has been in Overbought territory prior to the 3 previous draw-backs. RSI is again in Overbought territory and the previous conditions appear to be repeating themselves for a 4th time. (See attached 3H Chart)
If Bearish Divergence is formed and price draws back to support on the 16H, long-entry consideration would be made.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
GBPJPY - Long Towards Resistance area.Hello Traders!!
Price is testing the bottom of a 2hour structure and it's showing Divergence on the MACD,
Price has the potential to reverse higher towards the resistance area.
We will be waiting for a break out of the descending trend line and will look for a 1hour bullish correction to confirm the upside move...
Good luck to you all.
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This idea does not provide any financial advice.
BTCUSDT 1D | Bitcoin price overview: Upcoming CorrectionBitcoin has been rising in the eve of halving for the last few days, with a maximum of $9,450. Three consecutive price peaks were formed on the chart, combined with three descending peaks on the MACD.
The RSI is in the overbought zone, which indicates that the price is in the process of being corrected.
In the coming days we should see the price correction in the support zone - $8,600, and if the bears succeed to expand the attack, their target may be 8,000.
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MCD - scalp puts to 181.63Broke out of rising wedge on daily chart
Bearish divergence btwn price (higher highs) and MACD (lower highs), with RSI making slight lower highs on the 4H
Broke out of rising wedge with volume on the 1H with MACD crossing down
Bearish divergence again; price (HHs) MACD & RSI with (LHs)
Zooming into the 15M chart, the 8MA has crossed down the 21MA and 50MA, a bearish sign
If $MCD breaks and holds below 184.33 with volume, it could see 181.63.
LMK WHAT YOU GUYS THINK!!! HAPPY TRADING
BTCUSDT 1D | Bitcoin price overview: Breaking the resistanceThere are about two weeks before halving bitcoin and the market is in a bullish mood. Pay attention to the daily chart. The price came close to the resistance zone of $7800-$8000, after overcoming which the targets will be 8600-8800.
RSI 1D is still outside the overbought zone, MACD is looking up strongly. We observe the formation of three consecutive descending peaks in the MACD along with three ascending price peaks. We have considered the formation of this pattern in two previous daily chart reviews.
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EURJPY Long oportunity - Bounce upFX:EURJPY
EURJPY reaching the end of the pattern.
It is now trading next to an important support range showing signs of weakness it will possibly bound on this zone and go long with 4 different level targets to get your profit
- MACD and RSI diverge on the weekly chart
Next week we should see this shorting towards the 116.292 support line and the beginning on the bounce aiming for our first take profit level 118.410
Keep the eyes open for the bounce and enjoy the ride :)
BTCUSDT 1D | Bitcoin price overview: Continious growthIn our previous review of the Bitcoin daily chart from April 17, we considered the scenario of continuing growth with a target of $7,800 - $8,000.
The maximum that the price showed today is $7,738. This is close to the growth target price. Currently, the price is $7,520, and the market is still bullish. The first conclusions about the continuation or the end of the growth can be made by the candle shape after it closes.
The MACD indicator works out the third falling peak with a consecutive rise in the price, at the moment its indicators indicate a continuation of growth.
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O que será que as Bandas de Bollinger irão fazer a seguir?!No gráfico com velas de 4 horas, estou reparando uma indicação de baixa no MACD, ao passo que as Bandas de Bollinger estão se estreitando, e o preço está usando a Média Móvel (linha vermelha central das bandas azuis) como suporte!
Sempre que as Bandas de Bollinger se estreitam de forma convergente como está acontecendo, é sinal de que um movimento relativamente grande está prestes a acontecer!
Vou manter o olho aberto pra ver o que acontece nas próximas 12-24 horas, especialmente porque o MACD do gráfico com velas diárias está indicando força de alta!
Pra que direção vocês diriam que o movimento do preço tem mais probabilidade de seguir?
AVISO LEGAL: conteúdo com proósito de informação, e não deve ser considerado conselho financeiro.
Análise da IBOVESPA em meio à pandemia COVID-19Olá pessoal
Nesse vídeo eu fiz uma análise da IBOVESPA, comparando a relação entre o MACD e o preço na crise de 2008 e fazendo uma previsão para o que seguirá daqui em diante. Também fiz uma análise da relação do preço com a média móvel de 200 dias.
O mercado brasileiro, na minha opinião, ainda não terminou a sua recessão.
AVISO LEGAL: o conteúdo que eu posto não é conselho financeiro e não deve ser usado como conselho, é direcionado para informação e entretenimento.