The DBA Agriculture Fund is an ETF that has futures exposure to various different commodities including: Wheat, Corn, Sugar, Live Cattle, Lean Hogs, Cotton, Soybeans, Coffee, and others. As of right now the fund has recently pulled back due to a Bearish Test of the Bearish Bat PCZ but during this time it has formed what looks to be a Cup with Handle and has...
BP appears to be Double Bottoming above the previous All-Time-High-Resistance and is Bullishly Diverging on the RSI and MACD. If this level hold, BP has room to go all the way up to around $50 which would also align with the 1.618 Fibonacci Extension. I personally think that out of all the big Oil Companies like XOM and CVX, BP presents the better value and would...
📉 Overview: CADCHF is shifting from a downtrend to sideways movement, signaling a potential bullish reversal. A sharp bullish divergence and a strong 97% bullish market sentiment enhance the likelihood of an upward move. 📊 Technical Analysis: Transition from downtrend to sideways, coupled with a bullish divergence, sets the stage for a potential bullish...
Trade using divergence signals, This signal is very suitable for knowing the direction of the market, entering the market and obtaining a good position. 1. Use a larger timeframe, and/or a small timeframe should follow the larger tf. It also includes other buy/sell signals. 2. A good signal is when the signal is triggered in the supply or demand zone 30...
WKHS has formed a Falling Wedge with Bullish Divergence on the Daily as it has come down into the December 2018 Low. It has also Bullishly Engulfed the previous Daily Candles and has exhausted the Options Chain. At this point in time I'd expect WKHS to make its way back above 50 cents and perhaps run up to around $1 or perhaps a bit higher which would be best...
There is a 4 Hour Bullish Pinbar with MACD Bullish Divergence at the PCZ of a Bullish Bat at the macro low.
In the current market scenario, the EURGBP pair appears to be undergoing a phase of consolidation following a preceding downtrend. The price action is forming a discernible flat bottom, a pattern indicative of accumulation, further complemented by a bullish divergence observed on the Relative Strength Index (RSI). Should the price breach the defined entry point,...
Price is currently testing the lower boundary of a daily bearish channel, the 78.6% FIB retracement level, and a long-term support area as well as bullish divergence between price and stochastic momentum oscillator in daily timeframe. This supportive cluster could potentially lead to the formation of a low around this price level. On the other hand, the bearish...
As you can see in the 4-hour timeframe chart, there are several different bullish confluences that we are currently observing. Firstly, the price is retesting a bullish trendline that has supported this recent bullish move since October 16th. Secondly, the price is also finding support from the 200EMA , and the price formed a nice rejection off this overlay...
GBPJPY is trading in descending parallel channel. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
Cardano is getting ready for Black Friday. It's on Sale, and it's time to lead some more, on each big dip. ADAUSD ( ADAUSDT , ADABUSD ) is showing a "beautiful" Reversal Pattern. I am holding and loading more. My next good level: $0.15 . Technicals: * Elliott Wave A-B-C Pattern * Fibonacci Retracement * Demand Zone * Cycle Analysis * Bullish Divergence My...
Polkadot is a nice project, it has real value behind it. DOT ( DOTUSD , DOTUSDT , DOTBUSD ) , like all others, is cooking something. Cryptocurrency Markets will eventually start another Bullish Cycle. However, for that to happen, first and last: bad news and bad bad things need to happen. Why? So that rookies will give in and surrender. That's how it...
Shiba Inu ( SHIB ) is coming to town. This Christmas, forget about Santa! Shiba is what we need. Another :poop: coin that will take away two zeros. The patterns are clear. Cryptocurrencies are getting ready for a great '23. For the record, I'm not a fan of SHIB ( SHIBUSD , SHIBUSDT , SHIBBUSD ). I am only holding a few millions, like every other HODLer out...
The % of stocks above their 50-day MAs is signaling that an upward rally is near. Not only it already went below 10% but now is showing a bullish divergence with the $SPX. A good confirmation for a changing mid-term trend, not only would be that the CBOE:SPX gets back above its 50-day MA but also that this index gets above 30%.
NZDCAD was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 0.5180 region. Will the bulls take charge again continue for leg higher?
Macy is holding above a Support Zone with MACD Bullish Divergence at a Bullish Gartley PCZ and is now trying to crack above $11.50 if it gets above $11.50 it will probably see $20 relatively quickly.
HEYYYY I like bullish divergence. The SAFEST Way to play this is to buy shares and do some covered calls. It will chop around a bit. In STRONG power down-trends; you want to be really careful selling puts or doing bull put spreads. But - as long as you are comfortable with the risk. I do not buy call options on stocks that are in strong downtrends. Unless...
NYSE:VZ Verizon Communications Inc. has recently released an impressive earnings report, surpassing expectations across the board and increasing their Free Cash Flow (FCF) guidance by a substantial $1 billion compared to their previous guidance. This announcement has injected new life into the stock, and it's evident in the pre-market trading where VZ has surged...