$eRSDL - tkcross_channelbreak_1hr -Price is leaving the channel, ranging for now. Ichimoku;
tenken sen crossing kijun sen in the next few hours would signal bull. RSI has room to move up still. Greater volume is required for further upside imo. NA waking up.
Set call/limit order/alerts. Targets near the bottom of the kumo cloud. Tight stop at nearest bear fractal below call.
call/limit order: 0.1400
tp_01: 0.01514
tp_02: 0.01700
stop: 0.01230
never margin trade. go well.
Relative Strength Index (RSI)
ETHUSD - RSI AnalysisAn idea for ETHUSD
I expect the next bottom to form along the 200MA, which correlates well with the 200MA (green)
Areas in yellow are strong bullish entry points
The bottom point falls along these diagonal downtrend lines as does the top point
There seems also with the current top formation to be a large divergence on the RSI
Selling AUDJPY at the high of last weekHere is why:
1) Harmonic Pattern
2) H4 divergence
3) Weekly high
4) m15 Divergence to execute the trade
Target is 91.5 which is a big drop. Waiting for trigger to enter.
DXY Pullback Gathering Momentum?TVC:DXY could be poised to extend its recent declines if sellers can breach support at the 55-EMA and the February uptrend
A weaker USD may provide the tailwind necessary for stocks to sustain their recent recovery
2 reasons to sell EURGBP nowEURGBP is on the uptrend so this is a countertrend trade. There are some good reasons for taking this.
1) There are 2 harmonic patterns to sell.
2) There is a weekly high from last week at 0.8588
3) H4, H1, M30, M15 is all overbought
4) RSI divergence in M30 and M15.
Stop loss is just 30 pips. Let's go!
AUDNZD Quick Sell TradeThis is a counter trend trade.
H1 has shown a high yesterday at 1.1075
There is a M15 Double top.
Harmonic pattern present.
USDCAD Psfp| Weekly S/R| .618 Fibonacci| Price Action Evening Traders,
Today’s analysis – USDCAD- trading towards a key support region that has technical confluence
Points to consider,
- Price Action Corrective
- Weekly S/R Support
- .618 Fibonacci Support
- Swing Failure Region
USDCAD’s immediate price action is trading towards its Weekly S/R that has technical confluence with the .618 Fibonacci and market lows, allowing for a bullish bias.
The immediate objective is the POC, exceeding this level will lead to a trend continuation.
The current volume is below average, an influx is needed once testing support, this will be an indication of market strength.
Overall, in my opinion, USDCAD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.” – Ed Seykota
eBay - RSI AnalysisAnalysis for EBAY
RSI is steadily increasing with a third bottom point revealed
This RSI bottom point correlates with price bottom point along the strongest trend line
Bullish
Time for USD to strengthen?The markets have been recovering along with the AUD. However we see most of the USD pairs at a high (meaning USD is super weak) and there is a chance to go sell AUDUSD now.
H4, H1, M30 and M15 OB
Nice harmonic pattern
This is against the trend, so don't stay in it too long.
Selling USDJPY at 130130 is a round number that many traders would be watching.
We also see a harmonic pattern to sell.
The trigger is on H1, M30 and M15 with divergence.
It also relates to our big picture for USDJPY.
Stop Loss 50 pips only.
Duration of bitcoin drops 📈⛔️we want look at this analysis from a statistical point of view:
We analyze different bitcoin cycles.
1- drops are usually between 52 and 58 weeks.
2- and at the beginnig of each BullRun, RSI Touch area 27-30.
Bitcoin Long Term Analysis 💰I want to take a closer look at Bitcoin's price weekly logarithmic chart.
This is my view of Bitcoin right now.
we look at bitcoin in several ways.
1- Long term channel (purple)
2- Short term channel (green)
3- PRZ - fibo retracement and extention
most powerfull PRZ zones: $22000-$23000 and $11000-$11600
4- Head and Shoulders = it's target is about $18000
5- also last ATH (about $19000-$20000) is a strong Support
so my buy zones are: $22000-$23000 & $18000-$20000 & $11000-$12000
RSI on APECoin pullback. 3.80% gain on its way.$APE is still in a downtrend and i wanted to post this before the trade finishes.
In the image attached you'll see 3 RSI readings.
RSI 1st candle = a MINUS of -1.43
RSI 2nd candle = a positive of +2.33 (This is the one i need)
RSI 3rd candle = a second confirmed postive of +4.93
As noted with my RSI formula. An RSI of 2.33 = a 1 to 2.33 risk reward ratio. So i entered the trade with those limits.
This will work even though i am betting AGAINST the main trend even though i can not find ANY divergences prior to the entry.
I do however have FRACTALS setup on a 21 period and i got a notification of one (Bullish) So i started looking for the first confirmed RSI signal closing over 50 (or closing over ZERO in this case)
After that, I need a second consecutive candle closing above 50 (or ZERO) as well. The second one is my entry.
Then i take the value of the first closing RSI over 50 and use it in the formula.
2 for my scale is 53 on a regular scale.
52 = a 1 : 2 ratio below the 200ma and a 1 : 3 above the 200ma (so we have 1 :2)
Now lets look at the left over numbers
Here i move the decimal over ONE place and its
So the total for my risk reward is ( 1 : 2.33 )
This would be the end of the pullback WITHOUT counting any momentum in the move. Usually 2 or 3 candles later youll have a candle closing EXACTLY at that height and the trend continues down.
TMUS - Using the RSI Similar structural patterns can be seen on both chart and RSI at green circle locations
In the first situation a 90% rise was seen on this Weekly chart
The second situation shows an RSI that is comparable
90% rise again?
$XOM RSI Optimizer Signal @KioseffTrading RSI Optimizer being used & is showing a long entry signal at best performing RSI Crossover.
$ETH - the RSI bounced back but no clear trend line to meI am fairly confident that bouncing the RSI downtrend is just a temporary relief. Time will tell
