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Rsidivergence

Setting ALERTS in SECONDS!!If you are still in the thoughts of correlation currency, you can see that the NZDUSD and NZDJPY are moving in the exact opposite direction. Trendline Traders(right), you can see that the candlestick stood still and fail to break and close out of the structure. You might not be comfortable engaging directly on the 4-hourly chart(right) setup and this is when you can take reference on the 1-hourly chart(left) trading setup(left). We have a retest of support with RSI Divergence.
Long
by RaynLim
Earning both waysTo be successful in trading, you can be a Casanova. This means you need not be loyal to your trade. You can buy GBPUSD during breakfast and sell it by lunch. That will be my trade plan for this week. GBPUSD on the 1-hourly chart(left). I'm waiting to buy on the blue line(1.2202) and short on the right line(1.2277). On the blue line, I'm waiting for the retest that will almost guarantee an RSI Divergence, and on the red line, it coincides with the 4-hourly chart(right) of a potential Head and Shoulders formation.
by RaynLim
LKQ - Hidden Divergence - BullishOn the chart of LKQ, we can see a forming ascending triangle and we can see hidden bullish divergence on daily timeframe. An ascending triangle is a bullish formation. The pattern gets validated when the price breaks out of the upside of the pattern. By using the Relative Strength Index we can hidden bullish divergence. A long position can be taken when the resistance of the triangle turns into a support. See all further details on the chart. Goodluck!
NASDAQ:LKQLong
by vf_investment
6
RSI BULLISH DIVERGENCE ON WEEKLY CHART !!!!Hello to everyone The price perfectly fulfills my last idea. The market was trading at all time high level of 1397 and fell from all--time high price because of RSI Bearish Divergence on weekly timeframe. The price hit the target of 1228. Now the price is near the strong weekly support zone. The level of 1200--1230 is strong demand zone and there is RSI Bullish Divergence on daily timeframe. Near the support level RSI Bullish Divergence can play a crucial role for swing reversal. The price can take support at the mentioned support level and may go upside for the initial upper targets. My first initial target is 1290 & 1330- 1360. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
NSE:M&MLong
by Jha_Nidhi
3