USDCHFRSI indicates Bullish Divergence. Which means that at any time the market trend can change to HH and HL.
Rsi_divergence
Massive bullish divergence on BTCUSD 1D chartThe is a massive bullish divergence on the BTCUSD 1D chart.
GBPJPY TODAY FORECASTIn this forecast we're analyzing 2H time frame for GBPJPY. Today I'm looking for a potential buy trade setup. According to my analysis and strategy when price enters in my key levels as shown in the chart and give any bullish confirmation like candlestick pattern or price action. After taking confirmation we'll trigger our trade. Confirmation is most important part of this analysis.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis. Further updates related this analysis will posted soon once price reach our levels.
#GBPJPY 2H Technical Analysis Expected Move.
#BTC/USD ANALYSIS. (BULLISH)Bitcoin Price Action Analysis. The Next Big Move?
Bitcoin is moving within an ascending channel, showing strong bullish momentum! However, a key decision point is approaching as the price nears a critical support zone (highlighted in blue). If BTC holds above this level, we could see a strong push towards the $91,500 resistance and potentially break into the $94,700 range.
A well structured risk-to-reward setup is in play, with a potential bullish breakout targeting new highs. Will BTC sustain its momentum, or will we see a retracement before the next leg up? Stay sharp and trade wisely! We will execute our trades only after receiving bullish confirmation.
Use proper stoploss and proper money management.
This is just my analysis. Observe the behavior of price how it will react.
#BTCUSD 2H Technical Analysis Expected Move.
RSI 101: Scalping Strategy with RSI DivergenceFX:XAUUSD
I'm an intraday trader, so I use the H1 timeframe to identify the main trend and the M5 timeframe for entry confirmation.
How to Determine the Trend
To determine the trend on a specific timeframe, I rely on one or more of the following factors:
1. Market Structure
We can determine the trend by analyzing price structure:
Uptrend: Identified when the market consistently forms higher highs and higher lows. This means price reaches new highs in successive cycles.
Downtrend: Identified when the market consistently forms lower highs and lower lows. Price gradually declines over time.
2. Moving Average
I typically use the EMA200 as the moving average to determine the trend. If price stays above the EMA200 and the EMA200 is sloping upwards, it's considered an uptrend. Conversely, if price is below the EMA200 and it’s sloping downwards, it signals a downtrend.
3. RSI
I'm almost use RSI in my trading system. RSI can also indicate the phase of the market:
If RSI in the 40–80 range, it's considered an uptrend.
If RSI in 20 -60 range, it's considered a downtrend.
In addition, the WMA45 of the RSI gives us additional trend confirmation:
Uptrend: WMA45 slopes upward or remains above the 50 level.
Downtrend: WMA45 slopes downward or stays below the 50 level.
Trading Strategy
With this RSI divergence trading strategy, we first identify the trend on the H1 timeframe:
Here, we can see that the H1 timeframe shows clear signs of a new uptrend:
Price is above the EMA200.
RSI is above 50.
WMA45 of RSI is sloping upward.
To confirm entries, move to the M5 timeframe and look for bullish RSI divergence, which aligns with the higher timeframe (H1) trend.
RSI Divergence, in case you're unfamiliar, happens when:
Price forms a higher high while RSI forms a lower high, or
Price forms a lower low while RSI forms a higher low.
RSI divergence is more reliable when the higher timeframe trend remains intact (as per the methods above), indicating that it’s only a pullback in the bigger trend, and we’re expecting the smaller timeframe to reverse back in line with the main trend.
Stop-loss:
Set your stop-loss 20–30 pips beyond the M5 swing high/low.
Or if H1 ends its uptrend and reverses.
Take-profit:
At a minimum 1R (risk:reward).
Or when M5 ends its trend.
You can take partial profits to optimize your gains:
Take partial profit at 1R.
Another part when M5 ends its trend.
The final part when H1 ends its trend.
My trading system is entirely based on RSI, feel free to follow me for technical analysis and discussions using RSI.
Class A/B RSI Bearish Divergence on SPY Futures?Really posting here to see if anyone would validate this for me but I was looking on the chart and this idea came about. On the weekly chart for ES1!, there seems to be class A or B Bearish Divergence developing on the Weekly timeframe.
Listen, of course we all know SPY trends upwards over time but is this an indicator of a larger sell the market needs to go higher every once in a blue moon? This is guarenteed a macro trend and I probably will have to wait a year for this analysis to play out but hey, at least we're here. (***ponders on how I charted Gamestop at $10 but never traded because of lack of knowledge***) Anyways, this is something I will of course monitor but let me highlight instances in history this has happened. Please feel free to give your input on this analysis!
Jan 1998 thru Apr 2001 (News Driver: Dot-Com Bubble)
Price makes higher highs from Jan 98' thru Mar 00'
From Mar 98' thru Mar 00', the 3 peaks formed on the RSI leading to price establishing a lower high (SMT) on Sep 00'. Fails to make new all-time high
From Sep 00' to Apr 01' price moves down as much as 30% over the next 224d
Jan 2013 thru Feb 2016
Price makes higher highs from Jan 13' thru May 15'
From May 13' thru Jun 14', the 3 peaks formed on the RSI leading to price establishing a lower high (SMT) Jul 15' and a following lower high on Nov 15'
From Jul 15' to Aug 15' (42d) (News Driver: Lagging China Market) price moves down as much as 14% and as much as 14% on the Nov '15 lower high to Jan 16' (78d) (News Driver: Oil Prices)
Current: Jan 24' thru Nov 24'
Price has been making higher highs all year
From Mar 24' thru , the RSI has been making lower highs while price is making higher highs
We are now at a point where price is pushing to go higher but what I would want to see based off of historical data is for price to consolidate or some type of Bearish Turtle Soup forming. If this happens and the RSI returns to Fair Value, we could be in for a sizeable sell of for at least a couple of weeks in the near future.
I will come back to this in the next few months. Happy Trading!
SUSHIUSDTRSI indicates Bullish Divergence. Which means that at any time the market trend can change to HH and HL.
GOLD - Day Trading with RSI 04/03/2025FX:XAUUSD
Daily Timeframe (D1): Still in a strong uptrend, with RSI and both moving averages are pointing upwards. The WMA45 is above 60.
4-Hour Timeframe (H4): RSI is positioned between the resistance created by WMA45 (current price around 3152) and the RSI 60 support level (current price around 3121).
1-Hour Timeframe (H1): The WMA45 is trending upward, supporting the bullish trend.
Trading Plan: BUY
Entry Zone:
When the RSI on the M15 timeframe is supported at the 50 or 60 levels.
Entry Confirmation:
When M5 completes a wave, or a divergence appears.
Or even when M1 shows divergence.
Stop Loss:
20–30 pips below the M5 low.
Take Profit:
100 pips or R:R ≥ 1:1.
Or when M5 completes its own uptrend.
But be careful when RSI on H4 reaches its own WMA45.
You can check out the indicators I use here: tradingview.com/u/dangtunglam14/
GOLD - Day Trading with RSI 04/02/2025
Weekly and Daily Timeframes (W & D):
GOLD is still in an uptrend, as the RSI's WMA45 is still hovering near the 70 level, and RSI remains above both of its moving averages.
H4 Timeframe:
This timeframe is currently showing a correction. However, it's not yet considered a downtrend because the WMA45 is still in the high region, close to the 70 level. But, RSI has dropped below the WMA45.
At present, the RSI on H4 is facing dynamic resistance from the WMA45 above and has support around the 4x level (43-48). The corresponding temporary price levels are approximately 3128 (resistance) and 3088 (support).
This end-of-uptrend correction on H4 could lead to high price volatility. GOLD may move within a 300–400 pip range (between the resistance from WMA45 and the RSI support around the 4x zone).
H1 Timeframe:
Currently in a downtrend, as RSI is moving below both of its MAs, and the WMA45 has a noticeable downward slope.
H1 also has RSI support at the 30 level (temporary price ~3086) and resistance at WMA45 above (temporary price ~3130).
Since we’re focusing on intraday trading, priority is given to the H1 trend.
Figure 1
Trading Plan: SELL
Entry Zone:
When RSI on M15 approaches upper resistance: levels 50–55 or 65–70.
Confirm Entry:
Conservative/Safe approach: when M5 ends its uptrend and reverses (see example in Figure 1 – M5 ends uptrend when RSI crosses below both MAs).
Or when bearish divergence appears on M5.
Or even earlier, when there’s divergence on M1 and M5's WMA45 flattens out.
Stoploss:
20–30 pips above M5’s recent peak.
Or if RSI on M5/M15 breaks through its previous high.
Take Profit:
100 pips or R:R >= 1:1.
Or when M5’s downtrend ends (when RSI crosses above both MAs).
You can check out the indicators I use here: www.tradingview.com
GOLD - Day Trading with RSI 04/01/2025FOREXCOM:XAUUSD
D and H4 Timeframes:
GOLD is in a strong uptrend.
RSI is operating around the 80 level, indicating that buying pressure is 4 times stronger than selling pressure.
Priority: Trade in the direction of the trend on higher timeframes.
H1 Timeframe:
GOLD is showing signs of a correction: EMA9 has crossed below WMA45, and RSI is positioned below the two MA lines.
Given the current slope of WMA45 on the H4 RSI, this correction is considered minor for now.
Intraday Trading Plan:
Entry Strategy:
If H1 continues to correct: Look for buy entries when RSI H1 reaches previous RSI lows (zones 44, 55).
If H1 breaks the current high (level 3128): Look for buy entries when RSI M15 reaches previous RSI lows (zones 30–40).
At these levels, RSI M5 should end its downward wave (e.g., forming a double-bottom pattern on RSI) or show a price-RSI divergence before entering a buy trade.
Stop Loss (SL):
Set SL 20–30 pips below the entry point's low on the M5 timeframe.
Take Profit (TP):
Follow an R:R ratio of at least 1:1.
Or, take profit when M5 ends its bullish wave:
If RSI M5 forms a double-top pattern or
If RSI M5 crosses below WMA45.
Partial profit-taking is recommended at different stages to optimize returns.
📌 Refer to my scripts for pre-configured RSI indicators. 🚀
Who knows ?SUZB3 is in an uptrend channel on the monthly chart, specifically at the lower edge of this channel, in a region that would indicate a buy, however, at this position on the 2-hour chart it presents a head and shoulders pattern at the end of a downtrend line. Meanwhile, the RSI shows divergence indicating a reversal to an uptrend.
Stock is Bullish but Currently moving in a Rectangular Channel.Stock is Bullish but Currently moving in a Rectangular
Channel.
Crossing 426 may lead it towards 450 &
Sustaining 450-455 may lead it towards 490 - 500.
However, breaking the Support of 360 will lead
it towards 290 - 300 where a Double bottom formation
can be seen.
WIF - Break Out!Dear My friends,
When looking at the WIF chart, I wonder, where is its bottom? The current price is even lower than when it was first listed on Binance. So, since I don’t know, I’ll just analyze it. And I’ll start from the bigger picture. When I zoom into the daily timeframe, everything seems clear to me. Take a look at the daily chart, and you’ll see that a divergence has appeared. The price is dropping, but the RSI indicator is rising. The price has broken out of the descending channel. Buying volume has been dominant in recent sessions. So, I’ve searched for target levels on the daily timeframe. I hope my analysis will help you, my friends.
Best Regards,
BTC/USD UPDATESIn this forecast we're analyzing 1H time frame for finding the upcoming movement and changes in BTCUSD price. My BIAS for today was Bullish and when price come to my key level area. we'll observe the reaction of price if price give any bullish confirmation then we'll execute our trade. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis.
#BTCUSD 1H Technical Analysis Expected Move.
#GOLD BULLISH UPDATESGold Analysis - Bullish Bias for Today.
Currently, I’m analyzing Gold on the 1-hour time frame. As we all know, Gold is at an all time high, with the market pushing upwards without a valid retracement. The overall trend remains bullish, so my bias for today is also bullish based on my analysis.
📍 Key Focus:
I’ll wait for Gold to create a solid structure and retest at least my key levels. This will allow me to place my trade in the ideal demand zone.
✨ Confirmation is Key:
When the price hits my key levels, I’ll look for confirmation through a bullish candlestick pattern or bullish price action before planning my trade.
⚠️ Always Use Stop Loss in Your Trades. ⚠️
📊 Proper Money Management is Key.
💡 Maintain a Solid Risk-to-Reward Ratio.
This is just my analysis. 🔍
Further updates related to this analysis will be shared soon, once the price reaches our key levels. Stay tuned!⏳
🔍 Let’s see what opportunity the market provides.
#XAUUSD 1H Technical Analysis Expected Move.
MICROSOFT BounceI anticipate a bounce in the Microsoft stock price, based on the following observations:
Bullish divergence in RSI
Breakout above a bearish trendline.
GOOGL ON SUPPORT: 23% BOUNCE IMMINENTNASDAQ:GOOGL GOOGL has consolidated significantly over the last few weeks and, like the NASDAQ, has also taken a beating. Due to the now attractive valuation, the continued stable growth and earnings growth, GOOGL is still a good investment.
Technically, we have reached a trend line and a weaker horizontal support with a further support area at around USD 150. We are already seeing the first RSI divergence. The Bollinger Bands (not shown in the chart, otherwise it would be confusing) are also far overstretched and make a bounce likely. There is also an open gap at $192 - $203.
I would open about 50% of the actual trading position now and the rest when the price falls into the green box, which I still consider to be a possible consolidation area. If the price turns immediately, we are still in with half.
Target Zones:
$192.00
$205.00
Support Zones:
$165.00
$150.00
Short setup on SPX (x2)After the most recent upward move, the SPX shows clear signs of weakness, suggesting a potential short setup.
Since mid-July, the SPX has been moving upward and it's now near its all-time high. However, the RSI Exhaustion at the bottom of the chart has significantly declined and hasn't recovered much, establishing a downtrend.
This divergence between the price and the RSI Exhaustion is the first major signal of a possible short configuration.
Three additional signs support this setup:
The RSI Exhaustion shows recent bullish exhaustion (indicated in green), signaling that further price increases are unlikely.
The price has formed a top just shy of its all-time high, as identified by the Bottoms Tops Signal indicator.
A major level has formed, as indicated by the Levels and Zones indicator. While this level turned into support, it originated as resistance and could well revert back to it should be price start to drop further.
Is the bull run over? Only time will tell, but for now, it's crucial to remain patient and always seek confirmation from the indicators.
Bearish Divergence on Monthly TF but Bounce ExpectedBearish Divergence on Monthly TF.
Very important Support lies around
160 - 162; and a Bounce is Expected if this level
is Sustained on Monthly Support.
Bullish Divergence on Short TF; so a bounce can be seen
up to 177 & then 194 (if 177 is Sustained)
USDJPYI don't usually trade using the RSI strategy, but for some reason, I decided to take a look at it. What I found was a very strong divergence on the 4-hour timeframe, which has been developing over 72 candles—a significant number. Based on this, I expect this candle to be the reversal candle signaling an upward move toward the targets mentioned above.
Trade safely
Currently in Bearish Trend. Currently in Bearish Trend.
H&S Pattern in play targeting around 40ish.
Weekly Closing above 70 may be a Positive
sign. However, if the selling pressure continuous,
we may witness 67 & then 63.
In my view, it should test 74 - 75 once before going
down (if it has to).
Important Resistance is around 75 - 76.
Important Supports are 67 - 69 & then around 63.
One positive sign is that there is a double Bullish
Divergence on Shorter Time Frames. If it plays now,
we may see 73 - 75 (which is again a Resistance level).
BITCOIN SHORT 1. By attention to Daily and Weekly time frames it forms really distinct divergence between price and RSI
2. really far from EMA 200, the price must come close to it
both of them plus other scenarios alerts falling asap but who don't know when????
Bullish Divergence on Shorter TFImmediate Support seems to be
around 82 - 84.
If this level is not sustained, we
may witness 65 - 72 range.
However, Bullish Divergence on Shorter
time frame may give it a spike of 3-5 rupees.
