On the XAUUSD Chart with daily Candles, there is a bearish Divergence of Price vs. Momentum. This might indicate a Trend-reversal - as it did in the past couple Months. Gold has seen a long-term high some days ago. Price has decreased since then and now crossed down the Trendline that was drawn below the Divergence. I assume that Price will at least drop to the...
There is a bearish Divergence of Price vs. CCI on the PYPL 4-hour Timeframe. This Divergence occured right after the price crossed the Bollinger-Bands. Each time something similar happend (bearish/ bullish Divergence, Price went outside the Bollinger-Bands) in the past couple Weeks, the Price was rising or falling to the current weekly Pivot. A lot of Analysts...
You need to be patient, but once there is a trend on the AUDCAD 4h Timeframe, it seems to be pretty strong and also pretty profitable.
Looks like the 2h Timeframe is perfect to detect strong trends on GBPCHF - works for long and short trades.
Multiple Divergences on the AMZN 4h Chart! RSI is making higher lows while price produced lower lows - this could indicate a trend-reversal. An additional confirmation-signal: a nice MACDDivergence shows up below the current candle and there is an untouched weekly pivot. I assume that price might go up to that pivot. Next week AMZN probably get's a little boost...
Looking at the 4H BTCUSD Chart on Bitfinex, there is a very strong bullish divergence of Price vs. CCI. The Divergence lasted for 5 consecutive Candles. To confirm this bullish signal, we check the RSI - it was strongly oversold and is rising now. RSI entered the oversold area around the time, where the CCI Divergence showed up on the chart. While RSI was rising...
There was a bullish Divergence of CCI vs. Price while RSI was in a clear oversold area. Right after being oversold, MACD crossed the signal line from the bottom up. Profit target is the current weekly pivot at around 6600 USD
We can see a really nice bullish Divergence of Price vs. CCI. on the CHFJPY 4h Chart. Price already crossed the Trendline and seems to do a little Pullback right now. Sounds like the perfect Entry for a Long-Trade! And there is some confirmation that supports the Idea of a CHFJPY Long-Trade: RSI was falling from the Overbought-Area all the Way down to the...
“ There seems to be some perverse human characteristic that likes to make easy things difficult. ” ― Warren Buffett I think this Quote applies very well to Trading-Setups - Technical Analysis does not need to be complex or difficult. Considering myself as a TA-Nerd, I love to play around with Indicators, try to mix them or develop new ones. But sometimes it is a...
A Bullish Divergence indicates a potential Trend Reversal - or at least a temporary Swing! In this Case, we have a nice Divergence of Price vs. CCI (Commodity Channel Index). To confirm this Buy-Sinal, we'll have a look at the RSI: It was oversold, found it's ground and is moving up again. It's time to enter this Trade! Profit Target is 0.00015788 - this is the...
By connecting the latest Level 3 TD Supply Points on the US Dollar Currency Index Chart (4hrs), we see a long Trendline. The Continuation of the Trendline between both Points was drawn by the TD lines Script, while the Line that connects both TD Points (to be exact: the wicks/ the high-values of that candles are connected) was drawn by Hand to better illustrate...
Spotted a nice Setup for ETHUSD: There's a bullish Divergence of Price vs. Momentum on the 2h Chart. Profit Target is around the upcoming "Ghost Pivot" (daily)
There is a bearish Divergence of Price vs. MACD on the 1H CHF/JPY Chart. This bearish Signal is confirmed by RSI: it was overbought and is now falling. Profit Target is the daily Pivot at 112.220
ETHBTC entered the Setup-Phase before a potential Uptrend. When the green Threshold-Line will be crossed, a strong Uptrend/ Buy-Signal will be generated. Looking at the Backtests - the Signals that are provided by the AutoTrendTrader Strategy are very reliable (75% profitable Trades, more than 100% Net Profit, less than 10% Drawdown). I created an Alert and will...
ZRXBTC seems to be perfect for technical Analysis! It's so easy to identify strong Trends. I found a highly profitable Setup on the 4H Timeframe. You'll get only a few Signals per Month, but according to the Backtests, more than 90% of the Trades are profitable. Sounds almost too good to be true? But it's getting better: Depending on your Account-size and the...
While searching for use-cases for TD Lines based Strategies, I found out that CHFJPY seems to be sensitive to TD Lines/ Trendline-based Signals. Using TD Points Level 3 reduces the number of Signals but increases the Reliability. As a Strategy for taking Profit, I use the 3-Day-Trailing-Stop-Rule (3DTSR) by Peter Brandt. Here are the full Settings . Looking at...
Gold was in a strong Downtrend, shown by the red Trendline on the Daily chart. Below the Trendline was a significant bullish Divergence of Price vs. CCI - and the Trendline was broken yesterday. MACD gives us a confirmation of this bullish signal: It looks like MACD is about to cross the Signal-line bottom-up. On the Weekly chart, we see that Price already bounced...
Comparing Price Movements of one Crypto-Currency on multiple Crypto Exchanges can be very profitable! My approach is to compare the Movements on an Exchange with high Volume with the price Movement on an Exchange with low Volume. The Hypothesis is that if the Price on the low Volume Exchange is falling, while the Price is rising on a high Volume Exchange, the...