ES could catch a bounceA few factors in this trade:
✅ Friday showed a nice bounce off the 3853 support level
✅ Bullish divergence on the MACD and RSI daily charts demonstrating seller exhaustion
✅ Wonky inverse head and shoulders and descending triangle could play out.
Two price targets on this one with a defined stop at 3842 (giving that 3853 level some room to breathe). Hoping we can get up to fill the Weekly gap on the futures charts, create another lower high, and continue with the macro downtrend.
Divergence
$AAPL beautiful swing call setup with low riskThis might be one of the best long trade setups out there right now. I will post my analysis this evening; I hope in the meantime you can study the chart to see some indicator clues for yourself.
*** Strong bullish view is valid only if XBI closes over 86, AAPL closes over 152.60 (ideally 153), and SPX closes over 3915 (ideally 3930). Yes, I want all 3 conditions to be met.
TWLO - Bottom could be in (don't shoot me if wrong)TWLO has established a strong support zone around 62 - 68 as can be seen on the weekly chart.
Weekly bullish divergence in it's RSI can be seen since June while the stock was meandering lower, eventually hitting into the long term support zone and we finally saw a good bounce off this zone on strong volume yesterday.
There is a good chance that this zone will continue to act as the support (though never say never!). Those buying near this support could place a stop loss slightly below this zone. However there is a chance the stock could be choppy for a while and we might not see real momentum until it can trade a fair bit higher.
Hence a more "conservative" trader would probably prefer to wait till it garners enough momentum to at least break above the near term neckline resistence before going long (by then we have the 20 MA firmly crossing above the 50MA).
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Future interest payments will skyrocketThis shows expected interest payments as a moving average divergence around current interest payments which acts as a moving average that is delayed by one to two years. Anyways, the current "future" interest payments as calculated by the US05Y yield have never had a larger divergence from current payments. It is expected that in one to two years, US interest payments on the national debt will be more than 30% of tax receipts (see FRED:A091RC1Q027SBEA/FRED:W006RC1Q027SBEA)
RVNUSDT Analyze (ETH Merge soon Launching)!!! 🧐
I think something special is happening here to Ravencoin (RVN) , but please don't get FOMO.
Of course, the good news for RVN is that there is the launch of the Merge tomorrow 2022-09-15 at 6:00 UTC in approx 13 hours frome now. But as it has been hyped since weeks now ETH could crash after the launch. RVN will be one of the only coins profitable for GPU mining so people are expecting a rise to happen here. We should expect at least a correction after the strong upward trend that it had in the previous hours.
RVN Analyze ( RVNUSDT ), Timeframe 15m ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe. Cheers!
US oil (LONG) Hello traders
in today session i buy USOIL
But when the top of the small correction is broken, the stop loss is placed at the entry point because there will be a divergence on the MACD indicator, the first target is the top of the big correction, the second target is the level of 1.618, so the stop loss is below the range on a 5-minute frame
AUDUSD | Bearish DivergenceThis idea is a continuation of the previous idea, which is listed below,make sure you've seen it!
In this idea, bearish divergence are clearly seen in 1 hour time frame, of course this is our chance to take short, but there are conditions to ensure that this divergence is valid,there are two confirmations that you can choose or you can choose both
Option 1
The first option is the trend line, this is the most basic and simple confirmation, the way to use it is when the price has crossed the trend line, then that's when we can enter
Option 2
For the second option, this option was chosen because the area is a strong area, if the price manages to break through this strong area, then it is a good time for us to enter
How about combining the two options?
To combine the two, we need to wait for these two options to have been breached. the conclusion is that if only one option has been penetrated (while the other has not) then we have to wait for the other option to be penetrated by the price
Thank you for taking your time to read, it makes me more synergistic
Stay tune!
Mon 12th September 2022 AUD/CAD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/CAD Buy. Enjoy the day all. Cheers. Jim
PYPL - bullish divergencePYPL broke out of an Adam & Eve formation on 27 Jul, then gapped up strongly upon Earnings on 3 Aug. Since then, it has retraced about 38% of it's AB swing up and appear to find support @ 90 where the gap is closed.
The stock could be ready to begin another up swing as we are seeing some bullish divergence between price and stochastic. Stops raised to just slightly below $89.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
CROX - uptrend still intactDespite the sharp pullback last week, CROX did not break the near term support (adam & Eve neckline), and still forming higher highs and higher lows right now.
Stronger resistance coming up around $84 so watch out here.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
SPX - potential bullish divergenceThe divergence is more apparent on the 4hrly chart and the same is also seen on Nasdaq. Perhaps market is expecting a less hawkish FED speech tomorrow. Let's see!
I have to emphasize that bullish divergences when it happen could materialise into a short term bounce (that may last a few candles) but may not translate into a longer term trend reversal (up).
Best to wait for clearer signals or trade small and adhere to stop losses if wrong.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!