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Rsi_divergence

Short position - Trading a Rising Wedge Reversal on CrudeOne of my first analysis post on Tradingview. Observation - See a rising wedge pattern potentially resulting in a reversal once the lower wedge has broken down. See a negative divergence on the RSI with the ascending wedge and lower buy volumes marking lower momentum among bulls. Trade recommendation - Will trade the crude as RSI goes below 50 and lower wedge channel breaks down with sufficient volume for a T1 of 2703 and T2 of 2350 respecting the Fibbo retracement levels on the chart.
MCX:CRUDEOIL1!Short
by mvso999
Nifty conditional viewNifty spot cmp :- 11473 Harmonic study :- Bearish AB =CD formation (Pre-assumtion), Bullish Cypher formation (Pre-assumption) Nearest resistance level is around 11530 levels which is recent peak made by nifty spot,, above that index may move up by 100 to 120 points to complete bearish AB=CD pattern , whose PRZ is around 11636 to 11640 levels, which will be the next levels to watch. As per Bullish Cypher pattern extension of leg BC which should be 1.414% ,, as per levels 1.414% extension is around 11530 which is also recent peak for index,, so might act as small resistance,, down side 11370 which was previously respected 3-5 times as resistance would act as nearest support,, below which we may see 11286 which is mid point B of cypher pattern,, and finally 11186 which is 0.786% retracement to complete cyper pattern. Elliot wave study :- Currently index look like trading in corrective phase where formation of wave B is running,, once wave C unfold we may see price to drove towards 11370 levels,, this view also changes once 11530 is broken and sustained for atleast 15 mins above this levels..
NSE:NIFTY
by RUDRA007
Is it time to buy Apple stock? No, Wait for the correction!Is it time to buy Apple stock? No! Wait for the correction! Like other companies in the technology sector, which in recent months have been rising more and more, it's time to turn on the red alert. For those who own Apple stock, it is recommended to protect the invested capital. Good profit is profit in the pocket. For those who are not purchased at Apple, wait for the price correction. The points of attention are the two GAPS left in this last bullish cycle.
NASDAQ:AAPL
by GustavoFerro
2
Will Eth Continue The Climb?There are a few things to pay attention to on the chart here - First we notice that price has reached a convergence between a short term down trend and long term up trend, the implication here is that we should expect a break out - Second we also have a support level that we are retesting here forming a potential double bottom - Third we notice that the RSI is show us some bullish divergence, we have a double bottom on price but a lower low on the RSI. - Finally on the MACD we can see that the lines are showing signs of curling up indication that there could be an incoming bullish cross Over all we see signals that a long here would be a solid trade using the uptrend line as our stop / invalidation level *** Caution *** This is a 4 hour chart - these trades are typically going to last 3-5 days so stay on top of it
COINBASE:ETHUSDLong
by PaperCrypto