Get started

Rsi_divergence

EURUSD Long Trade Setup - Hidden RSI Bullish DivergenceAfter getting stopped out of my long trading position on the EUR/USD which I took as a result of the hidden bullish divergence which I spotted on the pair a couple of hours ago, I'm getting ready to re-enter into the markets with another long trading position due to the fact that the hidden bullish divergence which I identified on the pair is still intact (that is, the setup still hasn't been invalidated). Therefore, I've decided to place a long trade with a 1:2 risk to reward ratio on the EUR/USD currency pair. FX:EURUSD
Long
by FXMindTrix
Reliance good long candidateReliance spot cmp 1875 Bullish crab pattern formation PRZ zone around 1840 levels SLZ zone below 1780 levels on closing basis Target around 2000,2060,,2135 levels.. Elliot wave counts Counter is trading in major impulse wave 3 of bearish impulse phase,, Major wave 3 can mature around 1800 levels,, If major corrective wave 4 unfolds from this levels we may see good reversal till levels of 2050 to 2150 levels.. Inter mediate impulse counts of major wave 3 , may mature around 1840 levels and reversal for corrective phase can be seen RSI divergence :- price making lower low and RSI is making higher low,, bullish divergence observed in this last fall,, indicate reversal on cards
NSE:RELIANCELong
by RUDRA007
1
DNLI - short term swing upDNLI pulled back into support zone 39-40 (horizontal & 50% fib retracement of the recent AB swing up) and started to stage a rebound last Thursday, followed by a retest of the support zone on Fri and again rebounded to close with a bullish dragonfly candlestick. This coupled with bullish divergence between price and RSI increased the odds of a sustainable bounce from here (with a stop loss just below the support zone @ 39). However! (risk disclaimer here) with presidential election and earnings round the corner, it might be prudent keep positions small or scale out at least partially before these events. 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.
NASDAQ:DNLILong
by Juliac
2