It is Bearish on all Time Frames.It is Bearish on all Time Frames. But Currently it is at 38.20 % fib level; we need to wait for a Bullish Signal (at least on hourly basis) for fresh entry here. If this Support is broken, we may witness 63 & then 55 - 56 as it would also be a Double Bottom area. by House-of-Technicals8
Octopus - Buy - High risk SetupOctopus is hitting lower locks since last 3 days and now at strong support zone at OB zone. Buy with strict loss at 61.94 and TP at previous support turned resistance 77.6 RR ratio 1:1.5 Longby AtifDhedhi2
OCTOPUS | Bearish Divergence**OCTOPUS** - Sell Recommendation Technical Analysis: The current price action is displaying a bearish divergence pattern, suggesting an imminent sell-off or profit-taking phase. The Relative Strength Index (RSI) has reached overbought territory and is currently signaling a potential downside movement. Additionally, the Moving Average Convergence Divergence (MACD) has indicated a crossover, further indicating exhaustion among buyers and the potential for bearish momentum to emerge.Shortby mbaberhanif0
OCTOPUS ANALYSIS 1.0 π Trade Alert: OCTOPUS Bullish Flag Pattern π We have identified a bullish setup in OCTOPUS, highlighted by the following pattern: Bullish Flag Pattern π© Technical Indicators: Previous High: Broken, confirming bullish momentum Bearish Divergence: Previously present but neutralized after a significant drop Current Divergence: Formed after the flag formation, indicating the continuation of the bullish trend Entry Point: Buy: At 88.55 Target Prices (TP): TP 1: 96.00 π TP 2: 104.00 π₯ Stop Loss (SL): SL: 81.00 to manage risk Trade Summary: Buy: At 88.55 TP 1: 96.00 TP 2: 104.00 SL: 81.00 Trade Type: Long Swing π’ Good Luck! π Stay informed and trade smart! πLongby Earn_withHassaan443
OCTOPUS is BullishBears seem to be exhausted as the price broke previous lower high and printed a higher high. A bullish rally is expected to be triggered from here. Targets are mentioned on the chart. Longby Fahad-Rafique220
Bullish Divergence on Weekly TFBullish Divergence on Weekly TF. Hoping a Good Upsideby House-of-TechnicalsUpdated 1