Divergance
create position sellllll------euraud
diagonal is ready
negative diverganse in rsi
and very strong resistanse
Sell EURCAD BAT Pattern in H4 with much profitEURCAD is Bat pattern in H4, not it have divergence to confirm the price reversal.
also it double top in H1, we just wait it break trend line and up to retrace, then we can sell it again with much profit.
GBPAUD MACD divergence shortThree MACD divergence hills together with stochastic overbought conditions make me believe, we will see a retracement back into previous resistance. The chart looks especially beautiful this time, let's see if it's successful.
Bitcoin / Euro - risk management #1 Hi,
This is just a brief description of how I manage my trades. It's important to juggle a few factors in these sort of cases.
Firstly, it's best not to mother a trade to much. You need to give it room to breath and keep your stop in a place that isn't going to kick you out to early.
If the market is telling you something is potentially wrong, you need to be flexible and decide what to do about it. So here we have divergence on the RSI and we're losing buying power early on in the break (plus approaching the next resistance point (blue line)). I prefer to see the breaks move for some time - they are usually strong or don't really become anything.
It's good to always find a place to let the market take you out. so after seeing potential divergence, rather than just selling, if you put a stop in a place that the stop has to break to go lower you are allowing yourself the slim possibility that you will remain in the trade.
Hope this is helpful to someone!
Mark
EURUSD 4H divergancewith the euro reaching a resistance in the daily and the US Dollar hitting the 0.382 retracement it's likely to see the EURUSD fall back to create a low but with political uncertainty under Donald Trump's presidency it's likely we will see customer confidence drop and the EURUSD may rally again.
20161018 possible bearish divergence on NGAS H4 MACD Stop over daily trend line > 3.361$
Take profit near SSB H4 or KS D 3.084$
Caution on GBPJPY shortsDivergence in the GBPJPY 4H Chart. Avoid taking additional SHORTS until there is a break below 124.66.
USDJPY Short AnalysisAfter taking in over 200 pips on our last USDJPY trade lets hope for some similar outcomes this week.
I am looking to short in this resistance zone where price looks like it could be forming a double top with some MACD divergence.
AUDNZD - Long with tight SLAN break looks to be making a pullback
1) RSI divergence
2) MACD4C divergence
3) 10 MA crossover
4) Structure breakout
SL @ 50 pips
TP1 @ 90 pips
TP2 @ 150 pips
LONG - GBP/AUD - BIG DIV ON MAJOR SUPPORTGOOD LUCK - POSSIBLE ENTRY SOON ON LOWER TIME FRAME - OR WAIT FOR CORRECTION TO COMPLETE
CADJPY Bullish Analysis Buy Low!!!We are once again in the structure zones of 5+ year lows.
Good risk/reward opportunity to buy cheap here.
Atmos Energy - Long setup + OversoldLONG SETUP - ATO - ATMOS ENERGY IS IN STRONG UPTREND RSI OVERSOLD DIV WITH BULLISH KICKER ON RISING TRENDLINE
NZDCAD - SHORT @ Strong Resistance ZonePrice has now approached a strong resistance zone and is showing signs of stalling and i see the short opportunity here. I have entered according to the 4hr charts but will wait for the blue diagonal support line to be broken to add more positions.
1. Strong Resistance
2. RSI divergence
3. MACD4C divergence
4. 10 MA crossover
TP1 @ 250 pips
TP2 @ 450 pips
SL Slightly above resistance
CADJPY Bearish AnalysisCADJPY has reached a pretty decent structure level resistance
A double top has formed along with MACD divergence
On the fundamental side of things the oil numbers oversupply & weak oil prices should affect CAD
Anticipating some kind of bearish confirmation as a close below the neckline (dotted line) and moving average
MACD DIVERGENCE GBPUSDMACD, short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s. It is supposed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price.
