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Rsi_divergence

SLPUSDTHi again There is a possibility that the price can raise itself up to the yellow area, $0.00414! 1) We must not forget that the price range of $0.00358 in the daily time frame has been engulfed! 2) On the other hand, RSI has a positive divergence in the daily time frame! 3) Currently, in the one-hour time frame, the price inside a pattern is a triangle! Do you think the downward trend line will break upwards!!?!! I believe that according to the drawn scenario, we will have a downward trend up to the range of $0.00341, and if the price does not fall below the yellow range ($0.00319), there is a possibility of completing a wedge at the end of the descending channel.
by FiboTech
4
NQ - Bullish divergence on monthlyAfter 6 months of aggressive selling, both the Nasdaq100 and SPX100 are potentially forming bullish divergences on their monthly charts. Whether this will translate into a longer term trend reversal (to the upside) remains to be seen. However in the near term (likely for the next few weeks), we might see some rebound as market works off the deeply oversold conditions. p/s bullish divergence is a short term trend reversal (good for the next 2-3 candles) and do not guarantee a longer term trend change. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance
TVC:NDQ
by Juliac
INTU - near term upsideINTU hit the low on 13 May and has not gone any lower since. It has been chopping sideways for almost 2 months and appears to be forming an ascending triangle (odds of breaking up is greater). On the monthly chart, we are seeing a possible 3rd inside bar this month and also a bullish divergence with the RSI. A breakup of the ascending triangle at 425 could be early signs of optimism. However, an bounce right now may still be on a short term swing basis only until we see more signs of a sustainable reversal. 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!
NASDAQ:INTU
by Juliac
RSI indicator Hi RSI indicator needs some improvement. such as: 1- add on it auto-selection of bottoms and tops, right you add some improvements to it, it will be easy to give you where are bottoms and where are tops, 2- also gives you if this trend is positive or negative. on the chart or on the indicator. 3- it gives you a signal if it's up or down. rather you select them manually in this case, the divergence will show you if it is positive or negative. we have to jump from manually to automatically indicators.
X
by abdjo
2
#US30 #US30Futures Ready to Short 15 jam yang lalu Elliot Wave Technical Analysis: Elliot Wave recounting & update Using of EW RSI DIVERGENCE TRADING STRATEGY Method to identify changes in downtrend & uptrend CHART ANALYSIS Direction still on heavy downtrend and slightly have a very strong “Bearish Hidden Divergence” Technical trend continue in the long “Minute wave” correction Zigzag Pattern and is expected to make a decrease to the 161% Fibo Extension level as a target over the next 1 weeks Note: to be able to identify "Divergence" whether Bullish or Bearish , you need to draw or mark manually by finding the change /difference of the trend (Divergence line) between the direction of Price vs RSI Indicator 14 - (can be done in small or large Time frame ) - EW Note: Elliott wave is not a technique but it is to identify the Direction whether it is Down or Up. *Disclaimer: All Trading Plan Ideas are for the study & guide of the Author only, *For the purpose of buying & selling shares please refer to the representative of "Remiser or Stock Expert Consultant". *All purchases or sales or even losses on stock & others instrument transactions, are your own responsibility. Friendly Reminder: Control emotions, Take care of capital & trade discipline Start with Bismillah & Selawat before trading. Thank you .
OANDA:US30USDShort
by deanmentari
3
Triple divergence of the daily RSI on USD/JPYThe triple divergence of the daily RSI points to a significant loss of upside momentum and is giving a red warning flag that we may well see the start of a corrective move lower. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Short
by The_STA
2
#BTCUSD Updated & Forecast Elliot Wave Technical Analysis: Elliot Wave recounting & update Using of EW RSI DIVERGENCE TRADING STRATEGY Method to identify changes in downtrend & uptrend CHART ANALYSIS Direction still on heavy downtrend and slightly have a very strong “Bearish Hidden Divergence” Technical trend continue in the long “Primary wave” Double combo correction WXY Expanded Flat Pattern and is expected to make a decrease to the 50% Fibo Retracement level as a target over the next 2-4 weeks Note: to be able to identify "Divergence" whether Bullish or Bearish, you need to draw or mark manually by finding the change /difference of the trend (Divergence line) between the direction of Price vs RSI Indicator 14 - (can be done in small or large Time frame ) - EW Note: Elliott wave is not a technique but it is to identify the Direction whether it is Down or Up. *Disclaimer: All Trading Plan Ideas are for the study & guide of the Author only, *For the purpose of buying & selling shares please refer to the representative of "Remiser or Stock Expert Consultant". *All purchases or sales or even losses on stock & others instrument transactions, are your own responsibility. Friendly Reminder: Control emotions, Take care of capital & trade discipline Start with Bismillah & Selawat before trading. Thank you .
INDEX:BTCUSDShort
by deanmentari
Oil Pumping levels again from 08 beware…. Just look at the RSI it fell that much but on the graph chart it only fell a little compared to the previous dip on the RSI chart & graph chart. LONDON, June 30 (Reuters) - OPEC+ said on Thursday it would stick to its planned oil output hikes in August but avoided discussing policy from September onwards even as prices have risen on tight global supplies and worries that the group has little ability to pump more crude. Thursday's meeting of the group that includes Saudi Arabia, Russia and other major oil producers was held days before U.S. President Joe Biden travels to the Middle East, including Riyadh where he is expected to press the kingdom for more oil. At its last gathering on June 2, OPEC+ decided to increase output each month by 648,000 barrels per day (bpd) in July and August, up from a previous plan to add 432,000 bpd per month. Register now for FREE unlimited access to Reuters.com Register Washington welcomed the June 2 decision for a faster production rise, following months of Western calls for more oil from OPEC+, which includes the Organization of the Petroleum Exporting Countries. Oil prices rocketed to their highest levels since 2008, climbing above $139 a barrel in March, after the United States and Europe imposed sanctions on Russia over its invasion of Ukraine, which Moscow calls a "special military operation". Prices have slipped since then but were still above $115 on Thursday because of tight supplies and concerns that OPEC states had little extra capacity to raise output swiftly. Analysts said those fears outweighed worries about an economic downturn. "Supply scarcity fears outweigh recessionary fears. Globally, we are running on extremely thin spare capacity," said Ehsan Khoman from MUFG bank said. "OPEC+ is mulling firing its last crude production bullets as it runs out of capacity to pump more, whilst refining capacity for oil products ... which drives the real economy, has declined markedly," he said.
TVC:USOILLong
by emiliolicon98