EUR/AUD Analysis: Bearish Outlook Signals Downside MomentumHello Traders,
The analysis on EURAUD indicates bearish sentiment. The currency pair faced rejection at a supply zone (which also coincides with the monthly resistance at 1.6655) and is within a downward channel, signaling a potential downtrend. Sellers are targeting the 1.6479 level, with a break below suggesting further decline to 1.6418, marking a key support level.
Cheers and happy trading
Rsioverbought
BK ⬆️ Long Trade Setup ⬆️Hello Everyone 🙋🏽♂️
resistance + RSI Signal
💲 Entry Point : 52.14
🟢 TP 48.87 🔴 SL 53.45
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
USD/ZAR ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
Demand zone + RSI Oversold
🟠 EP 18.89879
🔴 SL 18.98955
🟢 TP1 18.77636⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 18.68988⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 18.59142🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
LINK/USDT ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
RSI +Supply zone + double TOP
🟠 EP 15.804
🔴 SL 17.263
🟢 TP1 14.226 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 12.856⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 11.398 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
NZD/USD ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
Supply zone + RSI Overbought
🟠 EP 0.62064
🔴 SL 0.62211
🟢 TP1 0.61858 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.61674 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.61471 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
BTC/USDT Short Trade Setup ⬇️Hello Everyone 🙋🏽♂️
RSI +Supply zone
🟠 EP 41817.27
🔴 SL 42415.36
🟢 TP1 41089.66 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 40375.82 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 39553.73 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
LABU / LABD Medical Leveraged ETFs Flip Strategy.LABU is shown here on a 2H time frame. I am holding 500 shares having bought November 14th
on golden cross of fast and slow hull moving averages. The unrealized gain is 50%.
Here, I determine that I should en bloc or in increments close the position.
First, on the dual time RSI indicator of Chris Moody, the RSI is now over 60 and approaching
65. Price pivoted when RSI was in this range as shown by the red down arrows on the chart.
A fibonacci analysis is that the LABU downtrend of early September to late October has now
retraced in the range of 50% with the mid levels shown on the chart from the drawing tool.
Because of these two considerations, I believe that I should bank the 50% profit in less than
3 weeks and perhaps take a position in the inverse ETF LABD. I will do this on a 15 minute
time frame, take off one fifth of the position daily at the high of day as determined by an
alert for the faster Hull Moving Average doing down instead of upsloping. At the same time
on the LABD 15 minute chart I will buy a corresponding position at the low of day again using
an alert. By the end of the five days, the LABU position will be closed and the profits
redeployed into LABD. When LABD retraces 505 of its downtrend and RSI rises above 60, I will
consider fading the position and retaking a position in LABU. thus toggling positions in the
inverse ETFs as analysis and indicators dictate.
BTC/USDT Short Trade Setup ⬇️Hello Everyone 🙋🏽♂️
RSI +Supply zone
🟠 EP 38847.88
🔴 SL 39094.40
🟢 TP1 38656.14 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 38221.29 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 37861.77 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
BTC/USDT - Short term SHORT with 2 Target ZonesThere is a potential for a short term SHORT trade on BTC/USDT. If todays bar closes < 34.7k (~3.5 hours till close) there is potential for a short. There are two target zones:
Yellow zone, this is the most likely zone it may dump to between 32.5 and 32.8k
White zone, between 30.3k and 31.8k, this may happen if the lower level of 32.5k in the Yellow zone fails to hold. Please note that the upper level of this zone at 31.8k may also act as a Support.
There are many reasons why this short may happen:
The price faced resistance at the trend line.
The price has closed above the upper purchase zone level since October 16th, and it MAY close below it today.
We are currently in a Blood Diamond which has been confirmed (white circle within the YinYang Momentum Oscillator).
YinYang RSI is at 98.08 and very Overbought and is closing in with the YinYang RSI MA which is now at 94.94.
The Buy Volume is bending towards the Sell Volume.
YinYang Momentum is very Overbought, the predictive mountain is already angling towards the regular and may dump inside of it soon. Likewise we can see the Confirming Blood Diamond appeared on the current bar (white circle).
YinYang Momentum Trend Line has turned Bearish.
The reason it may correct to these zones specifically:
Yellow Zone:
The Basis line is here.
There is a Downwards Trend Line within here.
The Fourth level of the Purchase Zone is there.
White Zone:
The high of 31.8k was a long lasting Resistance Pivot.
the low of 30.3k is where the Volume Profile is.
the low of 30.3k faced lots of resistance recently.
Please note this is a short term short, on the long term BTC may remain bullish.
Indicators used to make this analysis:
YinYang Trend
YinYang Volume
YinYang Momentum
YinYang RSI
NVDA can it fall from the ceiling after EarningseOn the 2hr chart, NVDA popped from earnings over 20% putting with a PE Ratio sky high
on the promise of semiconductor heaven and AI ecstasy. Can it stay there ? Will it lead
other technology companies ( semiconductors / cloud services / AI et cetera) higher
as well ? Is it now overbought and looking at a glass ceiling? The indictors suggest a near-term
top, I think. ( Money Flow Index. Stochastic RSI ). Accordingly, I will buy put options
striking $ 400 for expiration 7/21 and be quick to take profits expecting NVDA to
equilibrate in less than a week. In th meanwhile, I will hdege by keeping my AMD
and MU call options open figuring that they will jump up as copy cats of this move.
I will cut them loose as soon as price action and a loss of volume suggest retracement as well.
I see buyers who got in late with high FOMO to be the lad sellers fueling the put options
into easy profit.
Buy and Sell signals from MACD and RSI scriptThis code includes various input parameters that users can configure, including RSI and MACD periods, RSI overbought and oversold levels, MACD timeframes and signal period, and stop loss and take profit levels.
By using the input() function, users can easily change the values of these parameters through the script's settings/inputs, without needing to modify the code itself
//@version=5
// Author: divinedestinyman
strategy("RSI-MACD Strategy with Multiple Timeframes", overlay=true)
// Define input parameters
rsi_timeframe = input(title="RSI Timeframe", type=input.resolution, defval="D")
rsi_period = input(title="RSI Period", type=input.integer, defval=14)
rsi_overbought = input(title="RSI Overbought Level", type=input.integer, defval=70)
rsi_oversold = input(title="RSI Oversold Level", type=input.integer, defval=30)
macd_timeframe = input(title="MACD Timeframe", type=input.resolution, defval="D")
macd_fast = input(title="MACD Fast Period", type=input.integer, defval=12)
macd_slow = input(title="MACD Slow Period", type=input.integer, defval=26)
macd_signal = input(title="MACD Signal Period", type=input.integer, defval=9)
stop_loss = input(title="Stop Loss", type=input.float, defval=0.02)
take_profit = input(title="Take Profit", type=input.float, defval=0.02)
// Calculate RSI and MACD values
rsi_value = request.security(syminfo.tickerid, rsi_timeframe, rsi(close, rsi_period))
= request.security(syminfo.tickerid, macd_timeframe, macd(close, macd_fast, macd_slow, macd_signal))
// Generate buy and sell signals
rsi_buy_signal = crossover(rsi_value, rsi_oversold)
rsi_sell_signal = crossunder(rsi_value, rsi_overbought)
macd_buy_signal = crossover(macd_line, macd_signal_line)
macd_sell_signal = crossunder(macd_line, macd_signal_line)
// Plot RSI and MACD lines
plot(rsi_value, color=color.yellow, title="RSI")
plot(macd_line, color=color.blue, title="MACD Line")
plot(macd_signal_line, color=color.red, title="MACD Signal Line")
// Execute long and short trades based on signals
if (rsi_buy_signal and macd_buy_signal)
strategy.entry("Buy", strategy.long)
if (rsi_sell_signal and macd_sell_signal)
strategy.entry("Sell", strategy.short)
// Close long and short trades based on signals
if (macd_sell_signal and strategy.position_size > 0)
strategy.close("Buy")
if (macd_buy_signal and strategy.position_size < 0)
strategy.close("Sell")
// Set stop loss and take profit levels for long and short positions
strategy.exit("Exit Long", "Buy", stop=close * (1 - stop_loss), limit=close * (1 + take_profit))
strategy.exit("Exit Short", "Sell", stop=close * (1 + stop_loss), limit=close * (1 - take_profit))
XAU/USD Possible BreakdownHello friends.
I saw a Strong Trendline Breakdown in Gold and Decide to share
with you my opinion.
I think Gold is in Overbought Area and It will record some correction
in coming days.
So i have some reasons for my opinion:
1-In Daily chart we can see a strong Bearish Engulfing candle (as you see in picture below)
2-in Daily chart we can see a Divergence Between RSI and Price in Overbought Area (as you see in picture below)
3-A Strong Bullish Trendline Breaks down in 1H.
4-We reach an important Resistance near the last High and psycological level of 2000.
so for this reasons i think Gold experience a little correction in coming days.
I think Gold will reach targets like 1900 an after that 1880.
I hope you like my idea and i will be happy if you share me your opinion too.
Thanks for reading my idea.
Just dont forget to set a good Stoploss and enter a trade with at least 1:1 R/R.
BTCUSD: Bearish Bat Looking to retrace back to $18448.51Bitcoin looks ready to begin creating the Potential Right Shoulder of this Potential Inverse Head and Shoulders as it is at the level of what would have to be the neckline while overbought and within the 0.886-1.13 PCZ of this Bearish Alternate Bat it's traded within.
If this Inverted Head and Shoulders plays out, the Alternate Bat will underperform and not give us the full 100% Retrace backdown to 15.3k; but if not the price will go much lower and perhaps even lower than 15k so i will be managing risks from here.
For the time being i will be taking a third of my profits off and buying a monthly strangle along with a seperate weekly slightly OTM put as a way to secure my position on price action at a lower risk.
XRPUSD - Overbought - ShortOn the chart of Ripple (XRP) we can see the price is approaching a overbought condition on 4h timeframe. This would mean when the overbought condition is confirmed the price will retrace.
The three indicator used are the Bollinger Bands, Relative Strenght Index and the Stochastics.
At the moment the RSI needs to increase a little bit more. For now the price will move up and once it has reached the resitance the price will drop.
See all further details on the chart.
Goodluck!
ETHUSDT - RSI Shows More Upside 📈Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫
By using technical indicator RSI, we can see Ethereum has potential to see another push upwards. However, there is a formidable resistance zone and the candle would have to CLOSE ABOVE the resistance trendline in order to consider a reversal. A wick will just be stop hunting, therefore a candle close on a higher timeframe will be the most reliable indication. From a candlestick analysis, three white soldiers have formed but again, the diagonal resistance zone will have to be broken in order to continue upwards.
Interested in my view on BTC using RSI ? Check out this idea:
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NZDUSD - Bearish Shark comboNZDUSD has a Bearish Shark Pattern on the intra-day and daily chart timeframe. My engagement will be on the intra-day timeframe; that's when the Shark Pattern completes at 0.6270. A minimum of 3-bar reversal must be seen on the intra-day timeframe before engaging in the trade.
I would stretch my targets to which of the daily chart patterns, giving me a lower risk with higher returns. You can't do this to all trading setups, and you have to understand the trend well before you could even consider doing that.
EURUSD-Weekly Market Analysis-Nov22,Wk4EURUSD sits within the resistance zone of the weekly chart, the long week had created an additional resistance level on the daily chart; even a break and close above 1.0485 happens, we have the Bearish Crab Pattern where we can catch the bearish move at 1.0597.
Stochastics 1D RSI shows a 80% downside move is possible. Please look at previous times our 1D RSI Stoch hit overbought levels, it is incredibly high now. I opened a risky short at 3x, I think we will all go down to 0.01!
You may be angry, but please analyze the chart yourself. I highlighted the important parts.
USDCAD - Bearish Deep GartleyA Bearish Deep Gartley Pattern check back. What!?! It's rare, but it does happen.
I"m waiting for the candlestick to close and confirm a long shadow for my aggressive trade. This trade could potentially give me a lower risk and higher returns, if you know what you are looking for.