RSI on AdidasADS is currently overbought as its price is above its true value. Previously we saw the opposite, as it was oversold
Relative Strength Index (RSI)
BTCUSDT Long Term Update Weekly ChartHi Guys,
How are you? Now im back.
Please check out my crazy idea about BTC!
If you like it please like and share =)
CROUSDT LongObserve the 2D chart above. Couple points to consider:
1) Bollinger band squeeze (the blue circles ) indicating a big move about to happen.
2) RSI hovering around the oversold area for almost a month
3) Price 90% down from ATH
BTC pair chart below with the same points applying:
Initial targets 0.21-0.25-0.3
Timeframe: Week to a couple of weeks
InvestMate 🪙 Gold under pressure from strong doalar 🪙 🪙 Gold under pressure from strong doalar. In today's analysis we will look at the chart of gold, which in the current week has shown that there is no strength for any increases.
🪙 After the rebound that took place 2 weeks ago, we could have hoped for an enlargement and extension of the upward correction.
🪙 But decisions to raise US interest rates again by 75 basis points to the highest levels in 14 years. And on yesterday's still-persistent inflation data. Doesn't leave the Fed with many options in the fight against inflation.
🪙 Dollar strengthening is in play.
🪙 As a result, commodities such as gold where a strong dollar does not support the continuation of gold prices at high levels are getting hit.
🪙 Looking at the technical aspects of the chart. We are talking here about the weekly chart.
🪙 We can see that all major indicators such as MACD, RSI, STOCH, are strongly bearish and the breakout of the 50 and 200 candle moving average does not help the situation.
🪙 It is also worth noting that the one to one correction did not hold the gold level and we continue another downward impulse.
🪙 The question I pose. It is whether we will see the 1550 level on gold which is the fibo range of 1,272 of the last upward impulse
🚀 If you like my analysis leave a like and follow my profile 🚀
Triveni Engineering & Industries LTD - Multiple Indicators📊 Script: TRIVENI (TRIVENI ENGINEERING & INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500nif
📊 Sector: Fast Moving Consumer Goods
📊 Industry: Sugar / Agricultural Food & other Products
DAILY TIMEFRAME W PATTERN BREAKOUT
WEEKLY TIMEFRAME MACD CROSSOVER AND DOUBLE MOVING AVERAGE CROSSOVER SOON
Key highlights: 💡⚡
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 76.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 291
🟢 Target 🎯🏆 - 339
⚠️ Stoploss ☠️🚫 - 267/260
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Meghmani Finechem Limited - Multiple Indicators📊 Script: MFL (MEGHMANI FINECHEM LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: N/A
📊 Sector: Chemicals
📊 Industry: Specialty Chemicals
Key highlights: 💡⚡
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 76.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1701
🟢 Target 🎯🏆 - 1829
⚠️ Stoploss ☠️🚫 - 1638
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
very strong sginal for long postion EUR/USDwow depend on our deep analysis in news and indecators >> we found very good apportonatiy for long postion
as you see in the chart the price borke downtrend and moving up also today the price make backtest for the trend and keep moving up so in this condition the price confirm long moving
also you see in rsi indecator the price broke 50 line so this very good signal for long moving
and in adx indecator you see the price broke 20 ine and also ad+ and adx line moving up 20 line this very good signal for long moving
in the end we advice our investor to open long postion and take profit to ema 200 on daily time frame
this postion 1.5 reward ratio / see the postion on the chart
NASADAQ 100 ANALYSIS 26-10-2022 DEAR INVESTORS
Depand on our analysis for NASDAQ 100 chart and using many of indecators and also with deeply news analysis we found there a apportunity for long postion if the price break this important resistance (11539) so the down trend will end and change for up trend way , so in this situation the price will move to tech 12100 .
if the price not break 11539 and make double top pattern in this situation the price will move down .
so be carfull dears investor this is a chance to take profit for long postion , this just advice from us
best regard
BTCUSD analysis 26-10-2022depend on our analysis and the high volume we see today result from the news , So we advice our investor to prepare themself for long position if the price stay above 50 moving avarege and up of the trend line it is main if the price stay above 19965 not get back from this price ,, so we will see the price will move up until 200 ema and will tech 0.23 fibonaci line >
so be carfull dears investor this is a chance to take profit , this just advice from us
best regards
ENS is Ready For LONG PositionENS /USDT is Going to get a good setup for LONG POSITION
you can get this position with LEV10 X
Good Luck & dont forget to set SL & TP
RSI Formula Explained (updated) and a LIVE FAILED tradeThis is just an update to the RSI Formula since some of you are still having trouble with it.
Its not as hard as it seems. Now with the oscillator scale reading ZERO at the mid line, there is no math to do.
RSI Values as follows
0-9 = 1 to 2 rr
10-19 = 1 to 3 rr
21-29 = 1 to 4 rr
30-39 = 1 to 6 rr
Dont worry too much about the last two. you want to be safer at trading with the first two.
The last two are really designed for "Trailing your take Profit"
If you have negative values on your RSI, thats fine. just do the trade in a SHORT and follow the same formula.
Watch the video for the full breakdown
The easiest way to spot divergences and how to trade them
Welcome to the coffee shop everybody. This is your host and baristo Eric, and in today's video I am giving you a video Lesson based off of my preferences on how you should look for and use RSI Divergences.
THe Oscillator used in this video is The Heiken Ashi Algo Oscillator
Get it free here and always BOOOOOOOOOOST IT!!
There are three problems that people have whether they are experts or when they are novices in spotting Divergence between the RSI and price.
First problem is they don't know where to look because the RS I can have hundreds of high values and hundreds of low values but you need to know which ones are the relevant ones to look at.
The second problem is a common question where people ask "which way will the price go?"
The answer to that is basically the slope of the RSI is the new slope of your price so, if the RSI is angled up your price will angle up. If the RSI is angled down your price will angle down.
Now hold on a minute don't run off and start acting like you know how to trade divergences yet because there's still question number 3.
When will it go in that direction?
Just because you see a Divergence doesn't mean it's going to immediately happen so you need to know what to look for to let you know that it is actually going to go in that direction and when will that Trend begin. So in today's video I do a nice lengthy coverage on how to spot those answers and you can use the oscillator in the video by going to this link.
USDJPY is begging for correction? RSI on monthly chart = 83.
RSI on weekly chart = over 82.
RSI daily chart = over 80.
How long it can go up without a correction?
MATIC bearish flag forming MATIC forming a bearish flag in the 1D timeframe, RSI in the overbought zone looking to pull back.
MATIC has been printing higher lows and higher highs, once price falls out the bottom of the flag this could trigger a significant retracement.
Not financial advice
Do your own research
AUDCAD - 5-0PatternA Bearish 5-0 Pattern give traders who want to look for a shorting opportunity, an opportunity to engage the trade. It is important to wait for 3bar reversal and not seeing candle break above and close above the red dotted line for the minimum confirmation.
GOLD TECHNICAL ANALYSISHi everyone,
Looking at this chart, we can see that the last 4 times RSI was dipping below 50 and we had a red candle, gold price went down significantly. According to the price just now we can see that we had a double top on price which is a bearish signal, RSI is pointing down but is is not below 50 yet. Price is in a good support now, i think its fair to assume that if the price of gold breaks this support and RSI dips below 50 there is a big probability we can see gold prices going down and a continuation of the downtrend.
Let me know your thoughts on this.
A combination of RSI and MACDThere are many indicators in the world of trading and each has its own minuses and pluses.
To smooth out the disadvantages and benefit from the advantages, you can use several indicators at once.
This trading strategy is based on the use of RSI and MACD .
Everyone knows that when a fast moving average crosses a slow one from top to bottom, it is necessary to sell .
When the fast moving average crosses the slow one from the bottom up, buy .
In this case, in order to open a position, the trader must wait for signals from one indicator first, then from the second, and only after that open a position.
On the ETH chart, we see that on November 6 , the RSI gave a sell signal. This signal alone is not enough, but after seeing it, you should be ready to open a deal soon.
On November 15 , the MACD gave a sell signal and already here the trader should open a short.
Where to set a stop loss and when to close a position is up to you, but there is an easy way.
Stop loss can be set for the previous maximum/minimum , and the position can be closed when the indicators signal the opening of a position in the other direction .
Specifically, in this position, a stop loss could be set for a maximum of 4880.85 on November 9 .
It was possible to close the position when the MACD showed a buy signal, the price had already fallen by 46% by that time.
As you may have noticed, the RSI sometimes shows premature signals , which is why it is important to wait for the MACD signal.
Positions at numbers 2 and 4 show that after the RSI showed a sell signal, the price went even higher , updating the maximum and only after the MACD signal it was worth opening positions.
Be careful, be patient.
Whoever knows how to wait gets everything.
USDCAD: DXY Likely To Consolidate Before Major Uptrend Resumes!DXY is Bullish on long term, however after another upwards impulse it looks like time for consolidation has likely arrived. Here we focus on the USDCAD 4H chart, where the price seems to be loosing momentum as evident by the RSI & naked eye. The key here is to of course as always wait for the support break and then only go SHORT provided the price retraces to offer us at least 1:1 RR. Have a look at the chart for full details on this potential trading opportunity.
Keep in mind, this is just a potential short consolidation move, after which the uptrend might resume as the DXY is expected to gather strength.
Trade Safely & Cautiously. Cheers
Will Bitcoin Outperform the Traditional Market?By indexing the BTC price on SPX futures, we have a breakout.
Whereas BTC itself is lagging behind this, that is, it hasn't had the third touch on diagonal resistance yet.
On the right side, volatility indicators signal important momentum.
The RSI signals a bullish move, but in a resistance zone.
The breakout of this zone on the RSI and the resistance of the BTCUSD pegged on the ES1 could provide a positive surprise.
$QNT - Brewing Up for next HIGHHello my Fellow TraderZ,
On 4 HTF, $QNT #QUANT is forming an ASCENDING TRIANGLE which is bullish in nature. RSI has already broken the Trendline Resistance so waiting for the Price to do the same.
But be a bit cautious as multiple rejections near $142 is clearly showing the strength of the Sellers.
If breakout happens above $142 with strong VOLUME, go for LONG with the price target ~$160.
Trade well FAM. CHEERS!!!
Does it want to break the long-term downward trend? Maybe!Does it want to break the long-term downward trend? Maybe!
💸 AUD/CAD Breakout time 💸💸 In today's analysis we look at an interesting opportunity on the aud/cad pair.
💸 Since the beginning of today's session, we can see the strength of the Austarlisian dollar against the Canadian dollar.
💸 Most of the technical analysis indicators signal the possibility of a breakout and divergence from the previous moment when we were at the same price level.
💸 I sense a breakout from the double bottom
💸Risk/Reward ratio: 4.52 (excellent)
💸 If you like the post? Follow the profile!
GBPNZD: Bearish AB=CD on Weekly with RSI ExtendedWe should see the GBP pullback here towards the level of C of this Bearish ABCD scenario is to play out.
$APRN Looking Expensive. Elliot-wave + RSI DivergenceDoing wave tracing and it seems we are about to hit the third leg of the Elliot correction wave Considering how steep our A wave was, it may get very bloody. From an RSI divergence standpoint, we also look like we could be in for a decent retracement off the recent gains.
