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Rsi_divergence

Another good RSI divergence on NFLX!Hello traders! NFLX just hit its support around the 497! The stock is giving some signs of life, and we have a quite nice divergence on the RSI. The stock will potentially reverse and seek the gap at 549, and we have a good risk-reward ratio. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:NFLX
by UnknownUnicorn21312077
3
Could this be a Dead Cat Bounce? 🙀Hello traders! The S&P almost hit our target at 4,118 (only 10 points from it...), but it still could reach there. We must be careful with the resistance lurking around the 4,175. The S&P could hit there and drop again. We still have a strong divergence on RSI, and the price is still looking weak. Be careful with the Dead Cat Bounce. I wonder if we'll finally see a Sell In May and Go Away... 🤔 If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
SP:SPX
by UnknownUnicorn21312077
2
Strong divergence on S&P500!We have a strong divergence between the price and the RSI. The price is going up, while the RSI is dropping. This could mean we have a weakness sign on S&P. This divergence is stronger than the one found on the Nasdaq100. The 4,118 is the next target for S&P, if it drops below yesterday's low in intraday charts. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
SP:SPX
by UnknownUnicorn21312077
BTC - H1 - BEARISH DIVERGENCE ON RSI !H1 : Last long white candle triggered a RSI BEARISH DIVERGENCE on a "overbought" zone ! Watch upcoming price action very carefully and first support to look at is the ongoing short term uptrend support line , currently @ 57'500, which also coincides with the Tenkan-Sen ! A failure to hold above this area would open for the following targets : S1 : 57'092 S2 : 56'500 (VERY IMPORTANT) S3 : 55'464 S4 : 54'735 and the clouds support area. On the upside, a recovery above the former high @ 58'549 would put the focus on the psychological level of 60'000 ahead of 61'066 (78.6% Fib ret) M15 : On this very short term picture, the situation is pretty clear, a failure to hold above the CLUSTER (Tenkan-Sen, Mid Bollinger Band and Kijun-Sen) would confirm a top in place calling for lower levels. Please note that the short term uptrend support line coincides with the top of the clouds support in this time frame. Clouds a day, clouds always :-) Have a nice trading day All the best and take care Kind regards Ironman8848
BITSTAMP:BTCUSD
by Ironman8848
Nifty pauses down trend Time frame Daily Rsi divergence is seen on daily chart and I have marked the same using arrows. So if nifty breaks the trend line (black line ) then we may see a upside till 14800-15000, 15200 The pattern will get activated only if nifty goes above 14465 and sustains there. The above idea is my analysis and not a recommendation to buy, sell or hold. I am not responsible for any kind of loses that may happen in a trade taken considering the above idea. For any doubts comment and share this idea with your friends.
NSE:NIFTYLong
by amanagarwal2714
7
BE - Getting near to a pop soon?BE has been in a frustrating slow grind generally downwards for the past 6 weeks while a Bullish Divergence between Price and RSI has been slowly building. It tested a possible strong support at 21.90 yesterday and quickly rebounded to close a rather strong candle. The odds are getting better that the worst could be over. However we might not see real momentum yet until the RSI rises above 50. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
NYSE:BELong
by Juliac
3
Brief Bear Before Next ATHClear Bear Signal on 14 Apr, engulfing candle in NQ ate up every penny earned on 13th, a twin tower. Volume declining, RSI Overbought. Bull trend is intact, IMO gonna retest the breakout point and consolidate bullish power before moving to ATH in late April > early May. A real correction to emerge later in May > June; then a summer rally. ERs will drive it now, SandP PE = 42, need big ERs to support price. Not investing advice, trade at your own risk, GLTA!
CME_MINI:ES1!Short
by DaddySawbucks
7
$OPEN false breakdown, time to long?Opendoor Technologies Inc, one of ARKW's holding, had a false breakdown yesterday(4/12) and it seems to be wanting to retest some resistances. Pros: - RSI Bullish divergence on the 4hr chart. - Seems to have found support with 5 EMA - Price is close to the bottom of the BB, making it a good R/R trade Cons: - Volume has been decreasing, 4/12 breakout had a massive volume compared to the average. (Could be a false breakout to trigger stop-losses which are likely set on (3/31) low - The stock follows ARK's trend, if ARK's ETFs underperform, it is unlikely that $OPEN will do well. Critical levels: Supports: 19 / 20.33 (5EMA) Resistances: 21 / 22.95 (20MA) / 26.34 (50 EMA) My position: Entry 21.02 / PT 28.5 / SL 19. Return so far -6.38%
NASDAQ:OPENLong
by Mattyx227
3
DXY to Continue Showing Strength as it heads towards 95We got in at the bottom and will continue to show conviction as the DXY attempts to back test the old 91-92 resistance zone as support. If successful the DXY should have clearance to rise to 94 and beyond. As of now the DXY is showing 3 layers of hidden bullish divergence on the MACD and 2 on the RSI while forming what looks to be a broadening channel above the 92 resistance area. I expect that this uptrend for the DXY will continue as the US Dollar continues to gain strength and overblown fears of inflation become shattered.
TVC:DXYLong
by RizeSenpai