USDJPY - Bullish CrabThe crab pattern has not formed yet but a consolidation happens before it. If you don't mind to engage 2pips ahead of the completion, you can consider that. Stop-Loss I'm looking at 104.01.
Rsidivergence
End of correction and welcome impulsive wave!? SAFEPAL M15Technical analysis regarding the price of SAFEPAL in relation of dollar Tether for the next scenarios, based on 15 minutes movement.
Price found support along with 89 period EMA. Convergence with the RSI exceeding the neutral line * being positive and the price moving in an inverse way, with descending tops ~ divergence.
MACD losing selling pressure. Could it be the end of that correction !? Well, in the Technical context, we may be facing a new impulsive wave. Who knows!?
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
SAFEPAL 1H in flag formation! Defined objectiveTechnical analysis regarding the price of SAFEPAL in relation of dollar Tether for the next scenarios, based on 1 hour movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
AUDCAD - Bearish BatThis can be a choppy ride for a shorting opportunity. Aggressive traders can look for an immediate shorting opportunity, which traders who are into Reward:Risk can look to place a pending order at 0.9840.
For this to be a bearish move, the market shouldn't break and close above 0.9855, which gives conservative traders an advantage.
Luna trend analysisLuna is showing divergence on both the stochastic and rsi, possible bearish reversal, or consolidating period.
LT - Pennant BreakoutLT given pennant breakout on hourly and 2 hr timeframe. Bearish divergence in rsi so it might retest bottom of pennant before upmove. Targets on chart...
Britannia - Bullish DivergenceBritannia has bullish divergence on 2 hr timeframe. taking a trendline support.Target on chart...
DAX RSI divergenceOn the Dax H4 chart we can see RSI divergence, all time high price, and the price touched the uptrend channel top, so we can wait a short term correction to around 13500.
I recommend to open short position on market price, take TP around 13500, and SL around 14300.
Trade at your own risk.
Please don't forget to like, follow, and comment, if you like my analysis.
HINDALCO - Short setup Stock is currently trading in third stage of market cycle .
1-Accumulation 2-Rally 3-Distribution 4-Rejection
currently at the peak , at the overbought zone. Has formed a broadening pattern on the top which is rejected by a overhead trendline.
RSI DIVERGENCE
Looking to short once the Chart pattern is broken and retested .
XLM breaking out?XLM 4hr bullish RSI divergence after a symmetrical triangle breakout, retest and resumption. Looking to cross 0.35 and should be good to go. My short term target is 0.5. Just my opinion not advice. Dirty chart.
NZDJPY - Bearish CrabAn RSI Divergence is born after the retest of the previous high give an opportunity for the risk-takers to engage the trade, there are 2 levels that traders need to observe, a break and close below of the red box and a break and close below of the black line for the safe passage towards the promised land(profit level).
Is the Market Due for a Correction?The SPY has been trading in an upward parallel channel since November - briefly dipping below during the selloff last week before sharply recovering.
I believe the market is due for a more extended correction for several reasons:
- The MACD and RSI are both displaying negative divergences, which is a bearish signal.
- Furthermore, the On-Balance Volume (OBV) is trending down. This indicates that smart money (aka institutional money) is flowing out of the market, possibly because they are anticipating a market-wide correction.
- The SPY could continue trading to the top of its channel, which coincides with the upper Bollinger band and the 0.618 Fibonacci trend extension. Each of these indicators can act as resistance as the price approaches from below.
I will likely take some profit and/or hedge agaisnt downside risk with UVXY calls before the end of the week.
Good luck trading.
NZDUSD - Bearish Deep GartleyI'm waiting for the Deep Gartley Pattern that completes at X, it is 1 of my favourite setup that proven to work well on the currency pairs in the timeframe I've been trading.
What're your thoughts on this setup.
usdchf swing longdaily analysis rsi divengence with head and shoulders pattern on daily time frame wait neck line to be broken then buy
you may also buy from current price
$BTC RSI Divergence, Trend Analysis$BTC needs to have more momentum to confirm trend reversal. It has broken out of its trend but needs more support from the bulls.
GBPUSD-Weekly Market Analysis-Jan21,Wk4Potential Head&Shoulders formation with RSI Divergence is critical criteria for me to look for a shorting opportunity. Having a bearish engulfing candle would have validated the setup, however, if the candle gap up, as long as it didn't break and close above the red box, it will still be a valid setup.
EURGBP - Strong Support and Buy OpportunityTest of a very strong support on daily chart (false breakout?)
If the support will be tested again, there will be a strong buy opportunity
RSI divergence on lower swing low
Daily Bullish Divergence at PCZ of Bullish SharkAPT has seen a nice bounce off the lows at the trendline which is confluent with an 886 fib retracement with Bullish Divergence on both the RSI and MACD and now it's breaking local resistance I believe we will push towards highs from here.
EURUSD-Weekly Market Analysis-Jan21,Wk3There is a couple of strategy on EURUSD, the most recent will be the AB=CD Pattern that completes at 1.2070. The aggressive trader can wait for the candle confirmation signal to engage, while conservative trader can wait for a double bottom with RSI Divergence to engage this counter-trend trade.
NuCypher Getting Ready for Blast Off
NuCypher has been funneling into this range over the past two months. It's undervalued in the current market.
I'm also seeing signs of bullish divergence in RSI.
I think a pump is imminent and I have my price targets around $.80-$1.25 in the coming months.
Let me know what you think!
33% Move on the horizon!This is really a big move if I'm right on this one.
I see the RSI being more oversold while the price is higher.
Which means that it is more extraordinary that the price is coming to such a low point.
This gives me a very bullish sentiment.
Also. the resistance on the ascending triangle turned support in the past few hours!
TARGETS
To the downside we would see a price declining all the way to 24K
To the upside we could see a 48K bitcoin. Huge stuff
Happy trading!
BULLFLAG! ATH NEARINGAnother Bullflag just appeared. if this breaks out. I'll see the ATH very close.
