As a structure-based trader, I will wait for the market retest at 1.2040 with an RSI Divergence and the candlestick pattern to touch 1.2050, but a close below 1.2040 would be a perfect opportunity for me to engage the trade. If the market breaks and closes above 1.2050, I will patiently wait for Bearish Shark set up to engage the trade.(link of that analysis is...
This Bearish Shark setup might concern traders who trade Bullish Flag Pattern. I will observe how the market reacts at 1.0264 for a shorting opportunity, the RSI Divergence does gave me additional confirmation to short the EURUSD.
ONT did break out of the narrowing wedge in yellow. Since then ONT blasts off eyeing for new ATH. On the way we got a bigger pullback in April and according to Fibonacci retracement levels we've found support around the 0.6 level. Currently we are moving through the 0.3 level which indicates more upside movement. In addition the volume overall keeps increasing and...
The RSI Oscillator for SPXC moved out of oversold territory on September 14, 2020. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. Tickeron A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In 22 of the 26 cases the stock moved higher....