BTC-USDT(Falling wedge formation,with bullish rsi divergence)I think will see move to upside..Risk reward ratio 1:3
Rsi_divergence
ETHUSDTHI Guys!
According to breaking 1418$ price the corrective scenario is canceled!
SO its not a correction but a descending trend!
it will form 5 descending waves and it has made 3 of them.
at the end of wave 3 we can trade on wave 4 :)
BTCUSDT 1HR WK # 24If 20500 gets broken(with conviction i.e red vector with high vol and large spread) expect lower prices post fomc
AVAXUSDTVery clean template being completed.
Should the vision go according to the scenario? If we go according to the scenario, we can have an interesting deal.
Must see ...
RUNEUSDTWe can expect the price to rise to the $ 2,758 range if the $ 2.364 price range is not eliminated and not engulfed.
If we have a good momentum, we can expect the price to reach the blue range ($ 3.157).
Most importantly, it is to be removed from the FTX exchange for June 13 !!!
BTC Swing analyzehello friends.
hope u are good.
you can see in my chart that maybe we are in 4th wave
and we can grow till 50% retracement level (or maybe 38.2 or 61.8)
and after that we can fall.
also we can see the RSI trendline breaked up and it can be the buy signal.
we see a divergence between RSI and price that i show it in my chart with
orange circles.
we see the stoch momentum in oversold area.
hope u enjoy my analyze.if you like it plz support me.thanks
(this is not trading advise and you must trade in your own starategy friends.)
Why selling AUDCAD is almost a sure winIf you ever want the perfect trade, this could be it.
D1 trend is down
H4 is down
Touching the H4 MA now
There are 3 harmonic patterns.
Despite all of this, we will wait for a M15 reversal to get in. Likely in 2-3 hours from time of posting.
USD/CADWhat will you do? Buy or Sell?8 Jun 2022
What will you do?
Buy or Sell?
Pair: USDCAD
Indicators: RSI is divergences for bullish and Stochastic oscillator oversold.
#usdcad #long
Selling EURGBP after the longWe got 50 pips on EURGBP long this morning.
Now it is time to sell and aim for a lower level around 0.8440.
The reason is there is a pattern completing here.
There are multiple tops on EURGBP and it is likely to fall now.
Weak NZDCAD LONG H1 ReversalPrice was rejected on the same level before, trying to catch a small pullback.
Confirmation: RSI and MACD Divergence
To watch: Might move TP to a lower level, possible on the previous high. As this set up might only be a pullback and might not be a reversal
Taking a long position on EURGBP It is time to go long on EURGBP.
The pair has reversed downwards. However there is an opportunity to capture about 30+ pips by going long.
There is a butterfly pattern and M15 divergence.
MU at support but showing signs of falling throughMU has a strong support / resistance line at the $65 mark. On the weekly chart we can see an RSI divergence. The daily chart shows it has a strong possibility of rebounding off support once again.
Traders should watch the ticker at the current price levels and channels. If it pops out of the current channel on the daily chart, traders should take an aggressive long position as a swing trade. If it falls through the support level of $65 then traders should take a short position, and could honestly trade at multiple time and price targets as it will likely fall first fast (as it has cracked support) but then continue to fall for a while longer.
Here is the sell zone for USDCADDaily is down
H4 is down.
Pair is hitting the H4 MA
M15 OB but there isn't enough divergence.
Awaiting a sell at 1.2615 - 1.2630
Stop loss around 30 pips.
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
USD/JPY What will you do? Buy or Sell?
FX:USDJPY
Pair : USDJPY
Indicators: RSI is Bearish Divergence
Indicators: Stochastic oscillator overbought.
Short / USDJPY
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.
GBP/CAD: Break-Out bullish rising wedgeGreat Britain Pound/Canadian Dollar was in the downside, but in that point, I see that GBP it's look with a chance to climb in this week and I see a good position to long.
The price it's into this symetric triangle, but as we look very carefully, we break out this bullish rising wedge and this resistance diagonal was broke up.
This it's the H4 timeframe and we see a bullish divergence in the RSI indicator making lower high and price action lower low. And also, as we break out this gray zone that I mark with 3 blue arrow, this it's a key zone to watch and possible pivot point to look as manipulation incoming.
I put a long position in GBP/CAD now in the $1.5764 GBP and SL to $1.5726 GBP and target to $1.5880 GBP.
I hope that this analysis support you
Good luck!!!
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.
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.
