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Rsi_divergence

Nifty pauses down trend Time frame Daily Rsi divergence is seen on daily chart and I have marked the same using arrows. So if nifty breaks the trend line (black line ) then we may see a upside till 14800-15000, 15200 The pattern will get activated only if nifty goes above 14465 and sustains there. The above idea is my analysis and not a recommendation to buy, sell or hold. I am not responsible for any kind of loses that may happen in a trade taken considering the above idea. For any doubts comment and share this idea with your friends.
NSE:NIFTYLong
by amanagarwal2714
7
BE - Getting near to a pop soon?BE has been in a frustrating slow grind generally downwards for the past 6 weeks while a Bullish Divergence between Price and RSI has been slowly building. It tested a possible strong support at 21.90 yesterday and quickly rebounded to close a rather strong candle. The odds are getting better that the worst could be over. However we might not see real momentum yet until the RSI rises above 50. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
NYSE:BELong
by Juliac
3
Brief Bear Before Next ATHClear Bear Signal on 14 Apr, engulfing candle in NQ ate up every penny earned on 13th, a twin tower. Volume declining, RSI Overbought. Bull trend is intact, IMO gonna retest the breakout point and consolidate bullish power before moving to ATH in late April > early May. A real correction to emerge later in May > June; then a summer rally. ERs will drive it now, SandP PE = 42, need big ERs to support price. Not investing advice, trade at your own risk, GLTA!
CME_MINI:ES1!Short
by DaddySawbucks
7
$OPEN false breakdown, time to long?Opendoor Technologies Inc, one of ARKW's holding, had a false breakdown yesterday(4/12) and it seems to be wanting to retest some resistances. Pros: - RSI Bullish divergence on the 4hr chart. - Seems to have found support with 5 EMA - Price is close to the bottom of the BB, making it a good R/R trade Cons: - Volume has been decreasing, 4/12 breakout had a massive volume compared to the average. (Could be a false breakout to trigger stop-losses which are likely set on (3/31) low - The stock follows ARK's trend, if ARK's ETFs underperform, it is unlikely that $OPEN will do well. Critical levels: Supports: 19 / 20.33 (5EMA) Resistances: 21 / 22.95 (20MA) / 26.34 (50 EMA) My position: Entry 21.02 / PT 28.5 / SL 19. Return so far -6.38%
NASDAQ:OPENLong
by Mattyx227
3
DXY to Continue Showing Strength as it heads towards 95We got in at the bottom and will continue to show conviction as the DXY attempts to back test the old 91-92 resistance zone as support. If successful the DXY should have clearance to rise to 94 and beyond. As of now the DXY is showing 3 layers of hidden bullish divergence on the MACD and 2 on the RSI while forming what looks to be a broadening channel above the 92 resistance area. I expect that this uptrend for the DXY will continue as the US Dollar continues to gain strength and overblown fears of inflation become shattered.
TVC:DXYLong
by RizeSenpai
GBPCHF> Trading Plan for A Short !!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you. Analysis up on #GBPCHF Hello friends. If you have been watching the market closely, you would have noticed there are many markets with RSI divergence and it is been going on for a while now and this might continue this way. However, we can watch this market for a break of structure in anticipation of a change in trend. If the Market breaks the recent structure level I will look to get in a valid short trade that meets my rules, in total this possible setup could bring over 400 pips for two TPS Safe trading everyone Check today analysis below⠀ >> you must know what is your risk before you get in a trade, many traders will only look at how much they will get _____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Short
by TheTradersAvenue
11
GBPNZD > Possible Reversal Setup For A Short !!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you. Analysis up on #GBPNZD Hello friends. a double top with RSI divergence near-weekly resistance at 1.9800 number good setup for a reversal trade, waiting for a confirmation to get in the trade targeting structure support level Safe trading everyone Check today analysis below⠀ >> you must know what is your risk before you get in a trade, many traders will only look at how much they will get _____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Short
by TheTradersAvenue
10
Time for the Bitcoin to consolidate/correct?There is a divergence between RSI and Bitcoin price. In addition to that, Bitcoin price is breaking the trend line that has been guiding the price upwards since the beginning of the year. It seems that is time to digest gains for the next weeks ahead. Consolidation can only take two directions: sideways or down. The next important resistance could be 43k. What is it going to do? No one knows, only time will tell. Have fun and be careful out there!
COINBASE:BTCUSD
by j0secyn
CELO/USDT - Long potential due to trend reversalCELO/USDT pair has formed a double bottom on the 1H timeframe. Even though the pattern might not look reliable at first, a key thing to note is the RSI divergence While the price has formed a lower low, the RSI has moved upwards. This indicates that the bulls are gaining momentum The price has broken the neckline so the pattern looks successful. The ATR value is low which indicates that volatility is going to increase Look to time your entry around support using RSI for momentum based swing trades
Long
by kipawa