As usual, the RSI indicator with little adjustments gives strong signals. Netflix stock is currently under selling pressure, which may fall at any moment. The analysis is based mainly on RSI and the signals are as follows: -A large negative divergence and a small one. -golden pattern on rsi.
"The trend is my friend", we previously followed gold from the beginning of the ascending wave, and now we are in the middle of this wave, so I do not advise anyone to sell. As indicated, the analysis depends on Elliott waves and the Relative Strength Index, which does not make mistakes in its signals. good luck.
The dollar rose, completing 5 waves, now it's time to go down, at least this is what the signals on the RSI tell us. On the other hand, we have a negative divergence on daily and another on 4H. The pair may form a golden pattern on the RSI. good luck.
Regarding the stock of Johnson and Johnson, it reached a very high peak, now it is time to go down, and this is based on the relative strength index, as it gives us clear selling signals, which are as follows: Negative difference Retest a broken trend Probability of a harmonic pattern It is better to wait to reach the level of 61.8 on the rsi and enter into a...
After the previous analysis of the stock achieved most of the targets, now, the stock changes direction to the upside. To reach far targets and achieve new highs, and every drop is an opportunity to buy. The analysis depends mainly on the relative strength index, where we have a lot of positive divergence, and the downtrend has been broken and retested. I think...
After the end of the impulsive Elliott waves, I expect a rise for the pair supported by a positive divergence, and we should not neglect the last volume candle, the candle that expresses the end of the bearish trend.
At first, there was a small possibility that the pair would reach these areas, but there was a possibility. Now the pair is forming a negative divergence supported by the harmonic pattern ( shark). Also, a volume signal appeared, supporting the decline towards the described targets.
At first, there was a small possibility that the pair would reach these areas, but there was a possibility. Now the pair is forming a negative divergence supported by the harmonic pattern (shark). Also, a somewhat strong volume signal appeared, supporting the decline towards the described targets.
For me, I will start my next week with this trading, according to the signals, the price will rise a little, then the decline will begin The analysis is based on different signals: - Harmonic - 2 negative divergence - golden pattern on rsi
this analysis based on the higher volume of the last red candle and the pattern on RSI.
In fact, we are at the beginning of the 5th Elliott wave ( monthly), that's why I said it's time to invest. Basically in 1H we have a wave consisting of 5 ascending waves. On the RSI we have a positive divergence and a harmonic pattern (Pertaining to RSI). Note: If the trend is broken on RSI, it will be broken on the price (the blue one).
I think the price will go back to the specified area, and then back to the top. This is based on the volume candle specified below. good luck.
first of all we have a broken trend , the price retest it . secondly we have tow negative divergence hidden and regular . i think the price will fall now or later .
It is possible for the precious yellow metal to rise about 800 points for several reasons, - A positive divergence, - a trend breakout on the RSI and retesting it, - ULTRA high volume. This is what puts the possibility of ascending to complete the Elliott wave B
Oil will rise to the specified point in the chart or less, based on the harmonic butterfly pattern and its collision with the uptrend resistance and volume analysis. It is also based on the Relative Strength Index (RSI) analysis, which is an advanced analysis.