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Rsi_divergence

supply zonePrice at the supply zone and in cp(feshordeghi) ---- Prices in supply areas and in cp (compression) reaction to the trend line and the latest bull candle show market decision RSI Divergence DONT FORGET DOWN TREND! ------------- I decided to put live chart tutorials and tips on my page so you can analyze the market accurately. Join me to see the rest of the analysis in the future -------------------------------------------------------------------------- If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment, thank you.
OANDA:XAUUSDLong
by danial_ahmadi
1
Bullish Divergence in Euro FuturesBasically the same idea that I posted last week about the Bearish Divergence in $DXY but more time has passed, and it looks even more pronounced in the Euro itself. Pick your poison: /6E, /M6E, EURUSD are all good Long candidates to play this idea. Another good option could be to short /SFX - which is the Small Exchange's US Dollar Futures contract. If you don't know about The Small Exchange, I'd highly recommend looking into their products. community.thesmallexchange.com
CME:6E1!Long
by InnerMotionTrading
That is a strong trend line!!hello everyone Last week candle was a big red one for almost 80% of cryptocurrencies, and for the last couple of days we saw the same behavior until 12th of Apr. Since then we have been moving in a channel in between resistance level of 18.30$ & support level of 17$( it was mostly the trend line). For now we have divergence in RSI in 4 hours ,so the price may fail to break the resistance level and go back to our support level (or trend line) or worst ....
by HubAlgo
1
Descending Broadening WedgeBrent Crude Oil has fallen quite far from its yearly high of $135. That was almost two months ago. Ever since the price crashed down to $100 in less than two weeks from the high, the price has been swinging very nicely between Fibonacci levels. I had done some analysis of that in a previous post. However, today I will be analysing two chart patterns that have formed. The first that has already broken out is a flag. This is a specific chart pattern that forms after there has been a quick steep price rise (pole) and then a consolidation period (flag). The second is a descending broadening wedge. Ideally from my learning, you want the flag patterns and any chart patterns to be on the daily timeframe. That is how I learnt it, I have had some success trading chart patterns on a short timeframe and I have largely seen other people do the same. However, I don’t know if this is just luck or actual trading. So, I will still use them just for educational purposes so that you may know what would be the case if it was on the daily or weekly frame. The flag pattern has already broken out so there’s no point in analysing it apart from getting a price target: Difference between bottom of pole ($99.938) to the top ($107.086) = $7.148 * 0.46 (percentage meeting price target) = $3.28 Add that to the bottom of the flag ($106.003) = $109.29. The Flag pattern has already broken out and reached its price target. So the main focus will be the Descending Broadening Wedge. Breakeven Failure Rate for upward breakouts: 18% Average Rise: 32% Throwback Rate: 62% The bottom of the pattern has found support at the 0.62 Fibonacci level. The price, ideally, should touch (not cut) the trendlines five or more times. A good split between the two trendiness. That isn’t really the case here. However, the volume has been trending upwards. This is of course ideal. The price target for this pattern is quite simple for upward breakouts, it's just the peak. So that would be $110.632. This trade may be a quick one, however. The pattern has formed between two Fibonacci levels so the price may rebound once it hits the upper level. Also, as you can see from the Stochastic RSI (upper Indicator on the bottom) a bullish cross over has emerged. Also, the MACD (lower indicator on the bottom) could possibly be closing in on a bullish cross over. Well, this is a bit embarrassing because by the time I finished my analysis the pattern broke out and reached its price target haha.
OANDA:BCOUSDLong
by BlackbearTrader
ADA/USD: Bullish movement to $1.13 USDCardano forming a bullish rising wedge that could to forming a bounce from this area. But I prefer to wait until Cardano make another buy confirmation using this EMAS to find up best buy when Cardano make this confirmation. But we would need to hope a pull back in the zone of $1.05 USD approximately to trade ADA in H1 timeframe. And also, as we forming a bullish divergence, this signal was confirmed and Cardano it's leading to the bounce right now. Cardano forming a bullish divergene clearly in H4 tiemframe and this chartist pattern bullish rising wedge. But in fundamental theory this will be a bullish movement to the upside. So guys, I hope that this idea support you to trade cryptocurrency, and also ,I will allow to trade in short term in H1 timeframe t find opportunities in crypto.
BINANCE:ADAUSDLong
by harisonhbn9718