Rsi_divergence
Nasdaq good short candidateNasdaq wave counts on 240 mins time frame,, 10500 will act as good resistance as per trendline,, wait for small reversal and soon corrective wave a-b-c might unfold,,,
Nasdaq weekly good short candidateNasdaq weekly time frame elliot wave counts,, wait for reversal of price till it re-enters the resistance line of rising channel patter in green dotted line,, below that if gives weekly close index might give water fall of 10-15%,,,once the condition is met and if counts are active,, maintain stoploss of recent peak..
SBIN: TECHNICAL ANALYSISWATCH THESE TRADE: CAN BE A POWERFUL SHORTING OPPORTUNITY
SELL @ 179
FIRST TARGET 170, SL 189
TARGET IN FEW DAYS
ITC TECHNICAL ANALYSISNOTE: TRADE ONLY WHEN YOU UNDERSTAND THE CONCEPTS.
TRADE WITH KNOWLEDGE FOR GOOD PROFITS!
MANAPPURAM TECHNICAL ANALYSISONLY TRADE WHEN YOU UNDERSTAND THE CONCEPTS CLEARLY.
PROFIT IS YOURS, SO IS LOSS!!
The Holy Grail of RSI - How to use RSI Effectively 4 BIG PROFITSHello Traders,
This video explains how I use RSI to generate big returns in the Forex market. RSI has always been one of my favorite leading indicators I use when looking for confirmations. I highly recommend it. Take a few minutes to watch my video and learn how to use it effectively for intraday trading.
Trade Safe - Trade Well
~Michael Harding
ULTA Reversal PendingNASDAQ:ULTA is signaling oversold as we approach a key support level. What makes this interesting is that we also have an RSI divergence. Very high chance of bouncing off support, however, we will wait for the market to to show us what we want to see. More downside can occur if we break the support. Keep your eyes peeled.
WATCH OUT! BITCOIN RSI HIDDEN DIVERGENCE TF H4!!!FUNDAMENTAL BULLISH (LONGTERM)
TECHNICAL BEARISH (SHORTERM)
Technical Analysis of M&M FinanceFrom the daily chart of M&M FIN, we can confirm the uptrend and RSI confirmation to buy has been crossed.
Wait for the stock to cross the trend line, as shown in the photo, after crossing it, buy the stock with the target of next resistance line.
Keep an eye on it.
BTC - Bearish divergenceRecently BTC made a higher high on the chart, touching the upper trendline while the RSI made a lower high indicating a bearish move ahead.
Furthermore BTC drops below supportline of 9500 where it will bounce to lower levels.
Predicting the lowest it will go is impossible so I would set my buy orders starting at 8600 to as low as 7800.
Good luck!
RSI and breakoutsIve noticed that when :
1The RSI hits below 30 on the 30min sometimes 1hr time frame
2Then goes up to just before 70 ...say 67 on the RSI
3Then drops again to 25-29
THAT'S A BUY
I think that would indicate a breakout to the upside.
The RSI will go up and down in wave patterns. This doesn't mean the price will follow. BE CAREFUL. So, if it has to hit 70 on the RSI but doesn't. Then drops ,all those people who FOMOed in are FOMOing out at a lower price bringing it up but with more volume.
THIS IS JUST ME TALKING AND NOT ADVICE.
USD/CAD possibility of short breakout!! {hourly chart}hello traders wish you have a good day in your real life...
it s a good setup for breaking down however im waiting for more information.its a 50 50 possibility either it goes up or down , if moving averages passes the box it could be a good sign of setting up a daily short trade !
let me know your ideas in the comment that ll be helpful ...
have a green portfolio in your life!
