A weekly RSI divergence and a Wolfe wave at the same time on NASDAQ:RVNC biotech, good opportunity I think, with a good RR ratio. Divergence also visible on Monthly timeframe. I personnaly entered at $13.8, on the breakout of the double bottom. It's currently testing its MM50 3 TP for this trade : - TP1 : breakeven at $19.9 - TP2 : $29.9 - TP3 : wolfe wave...
Trying a long position on COINBASE:BTCUSD with this confluence of elements, but only with half of my usual risk, as it could retrace more. We have a : - H4 RSI divergence - inverted shoulder/head/shoulder validated by breakout of weekly pivot and currently retesting it - it happens on 50% fibonacci retracement of big previous uptrend H4 chart :
Validated daily divergence on TVC:PALLADIUM . SL : 1835 (above weekly R1) TP : 1620 (50% fibonnacci, and previous top) RR : 2.3
I shorted NASDAQ:AKAM at US open on a validated weekly divergence on top of a wolfe wave. TP1 is 50% fibonacci retracement RR on TP1 : 1.7 RR on TP2 : 4
Nice Wolfe wave forming on a weekly support on FX_IDC:NZDUSD , with a daily RSI divergence (not yet validated). Plan is on the chart as follow :