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Rsi_divergence

Reliance good long candidateReliance spot cmp 1875 Bullish crab pattern formation PRZ zone around 1840 levels SLZ zone below 1780 levels on closing basis Target around 2000,2060,,2135 levels.. Elliot wave counts Counter is trading in major impulse wave 3 of bearish impulse phase,, Major wave 3 can mature around 1800 levels,, If major corrective wave 4 unfolds from this levels we may see good reversal till levels of 2050 to 2150 levels.. Inter mediate impulse counts of major wave 3 , may mature around 1840 levels and reversal for corrective phase can be seen RSI divergence :- price making lower low and RSI is making higher low,, bullish divergence observed in this last fall,, indicate reversal on cards
NSE:RELIANCELong
by RUDRA007
1
DNLI - short term swing upDNLI pulled back into support zone 39-40 (horizontal & 50% fib retracement of the recent AB swing up) and started to stage a rebound last Thursday, followed by a retest of the support zone on Fri and again rebounded to close with a bullish dragonfly candlestick. This coupled with bullish divergence between price and RSI increased the odds of a sustainable bounce from here (with a stop loss just below the support zone @ 39). However! (risk disclaimer here) with presidential election and earnings round the corner, it might be prudent keep positions small or scale out at least partially before these events. 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.
NASDAQ:DNLILong
by Juliac
2
Bearish view on Adani PortsNSE:ADANIPORTS The 15 min. chart of ADANIPORTS shows bearish view as it form three black crows at the resistance level of 366.90 It has also formed a bearish divergence with RSI. In 5 min. chart is has slipped below the 50 days Moving Average. It is about to form a bearish MA cross in the upcoming Trading Session. It can possibly touch its support at 346 in upcoming days. Target 1- 354(Inverse Golden Level 0.618 of initial support-resistance swing) Stop Loss- 369 I can be 100% wrong. Do your own analysis before trade. Happy Trading!
NSE:ADANIPORTS
by ishaagarwal782
BItcoin could be reverse to the $11,100 USD!!!Bitcoin in H4 and H3 timeframe, I detect a bearish divergence that the price could be to drop. Ok, as Bitcoin is formed a bullish rising wedge on H4 timeframe. we could see another drop unti lthe $11,350 USD. So, I closed up my long position right now when yesterday I send you an alert that BItcoin is prepared to go bullish from $11,730 USD that was my positio that I entry in long, but right now, I see that in H4 Bitcoin doesn't have force to continue up. That could be a manipulatio pure and we need to be carefully on what cryptocurrency do. And then, today, I closed up my position on Ethereum and Litecoin becuase has sign to reversal. And then, Ethereum touch my break even, and then, don't worry about the loss, becuase just I losses less of $2 dollar, but in Bitcoin I recover this $2 USD losses when I lcosed up this position as I detect this reversal trend soon. So, I put my sell order limit at $11,800 USD, that was a resistance that Bitcoin falls in two ocasion and then, we hope that Bitcoin make a reversal of the trend. Now, the SL I put on $12,000 USD becuase the $10,800 USD it's a critical point of bears scenario and we could see this as manipulation, like Ethereum do!!! The share with you the RSI and RSI show us a bearish position and the movement was volatil that Bitcoin could be manipulated, so that turn a Bitcoin bearish until the $11,350 USD go back!!! Ok, looking in H3 we see with clearly that Bitcoin has a bearish divergence on the RSI. That is a signal that bulls are out and then, bears going to control it. So, if you have any question about this manipulation of perspective, please comment. I see that in ocasion the crypto-market is volatil and there's a manipulation movement. Yes, it exist, but the most important is your risk management!!!
COINBASE:BTCUSDShort
by harisonhbn9718
2
NQ1! - A rebound could be nearNQ hit a low of 11590 yesterday, a level which has a confluence of a horizontal "resistence turned support" as well as the 62% fib retracement level of the recent AB swing up. Add to this a bullish divergence is forming in the RSI. It could remain choppy around here a while more but the odds that a bounce will materialise soon has increased. 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.
CME_MINI:NQ1!Long
by Juliac
3