At rising channel toppish, look like pushing up momentum is greatly reduced looking at the gradients of each rise. RSI is diverging. at BB top, has shown a bearish bar. high risk to reward ratio.
Nikkei have change to go lower as it hits the top of channel in the 4 hour timeframe. Overbought in RSI with chance to close gap form 2nd Aug. Setting a good sell limit at 33150 zone, with the 2nd previous high as SL. TP will be at the bottom of the channel giving a 1:3 RR.
On the other end, We have seen twice testing of the descending trend line structure and has finally broken down yesterday back into the structure itself. It might of course be a false break before price go up again. However, with the rounding top than a typical sharp retracement, it gives a profile of consolidation zone before going to the real trend (short) For...
Price has retraced since hitting a lower low for the longest time. 4Hr at higher BB RSI at overbought. hitting resistance zone.
XAUUSD long opportunity to counter short term trend and follow long term swing trend. 1) RSI at oversold zone. 2) price hit trending channel low. 3) Price is at the lower channel of BB. 4) price has retraced back to 50% of long term bullish weekly trend. 5) SL will be below 1814 and TP1 at around 1900 area
VPA shows a huge accumulation area, ascending wedge upwards, breaking resistance at 64-65, first time to see price not immediately gapping down. I believe a good place to take a Long position for one good push before we get into some form of stagflation.
On Daily, price has reached a Resistance zone, with RSI indicating overbought. In 1 hour timeframe, we see a bearish divergence at a upper channel of BB. We see RSI above 70 and breaking of the lower channel. Looking for a short towards next two support zones.
XAUUSD has tested at 1985 at resistance zone and fall back to 1930. good place to wait to long as 1929 is at 61.8% retracement level. On 4 hour, we have yet reach the oversold zone in RSI but close. For early buyers 1930 is a good place to long..
On a daily, we have reached a overbought zone, followed by a huge sell off from US rate hike. Japan has managed to convey a tone that they have no qualms to intervene. good place to short
Potential shorting across of NASDAQ, focusing on TSLA with heavy confluence. RSI overbought, hitting upper ascending channel, hitting larger descending slope, meeting exhaustive volume profile. Looking for a good daily signal for short at 290-310 area
Great supporting zone for a long order. Oversold on RSI with price consolidating for the past 3 days. Multiple confluence: On the ascending trend line, on 200 EMA 4hr, on a supporting supply zone. Long term trend is still an uptrend DXY is just broke support and moving downtrend.
US30 - Divergence on PA and RSI overbought in 4 hr chart. In daily, a small stop at 35500 area indicating offloading of long orders. Consolidating near trend line shows weak in long to continue pushing the price. Expect a downward retracement to 34422 for 2618 retracement. Wait with short order at 35500 to give a good signal downwards before entering.