disney with a potential blow off top here. last 3 times we've tapped overbought, it's led to significant sell offs. been in over bought territory since the 23rd. now have a second daily bear div present. expecting a pull back to daily rsi eq. $100 seems reasonable, but long trigger should be the rsi eq tap.
DESCRIPTION: In the chart above I have provided a MACRO analysis of ES1! a future INDEX on the daily timeframe. POINTS: 1. Deviation of 250 points would justify placement of SUPPLY & DEMAND POCKETS. 2. Pennant Formation 3. Current CORRECTION FALL is roughly 5.55% falling short by nearly 5% when compared to other CORRECTION PHASES. RSI: Since the inception...
This situation has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I...
Candlesticks indicate the lack of sufficient strength for growth, therefore, according to the strength of the fall and the lower support area, and of course, the divergence, the probability of returning from that area is more likely. If the line is broken, we can imagine the upward growth trend up to the specified limits ⚠️ This Analysis will be updated ... 👤...
After a strong 28% gap post earnings on 2nd Feb, META has now given up about half its post-gap gain. However, its longer term bullish picture remains intact if we look at the following factors: 1. Stock is still trading above both its 20 and 200 day moving average (the latter of which is beginning to flatten out, a precursor to turning up) 2. A falling wedge...
I expect USDCAD to drop in the following days, because it is at the resistance zone of the M15 and M30 price channels respectively. Secondly, it overextended price in order to fulfill EW impulsive move evident through the divergence on TDI and Awesome oscillator. As such, the correction of that count is expected. My short term target is resistance zone that was...
BINANCE:BTCBUSD Bearish divergence being observed on 1H timeframe.
If we look at the current situation, we are faced with an unexpected rise in the BTC table, considering both the USA inflation data, the global markets and the US Dollar Index. We've come to the resistance zone of an already rising channel, as if that wasn't enough, there is a weekly period death cross presence. In addition, there was a serious negative mismatch...
as you can see we have a double top pattern also divergence in RSI
It is an important level that we have to wait for the reaction In case of failure, the analysis level will be updated ⚠️ This Analysis will be updated ... 👤 Banipal : @hosseinbakrani 📅 02.13.2023 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BTC holding above $21500 (On the Edge! Just had a wik down to $21455!), looks to be some Bullish Divergence... It shows Divergence all the way up to about the 12 HR (Tiny one) and the daily (Micro one) LOL! Looking for a move tomorrow with the Inflation numbers. Can we get some Valentines Day love to the upside? We'll see... <--- Lots of Negative talk all...
The correction in the markets last week may appear steep & violent, especially for some stocks. However, on the bigger scale of things, SPX is still looking like a "normal" correction (within a bull trend) so far. In fact, a few factors could be aligning for a possible bounce in the near term: 1.SPX closed a "dragon-fly" candlestick last Friday, signifying some...
Hello everyone; This Idea is for AAVE/USDT, spot pair, BUT It's Tradable on AAVE's Laveraged token as well . So Aave has multi divergences at various Time frames, BuT we are Looking at ones on D and W charts, I Marked Them with brush, They are visible on RSI,AwsomeOS and... We are Also at 50% FIB Support, And of course a Giant BAT Pattern which is pretty much...
Hi. Another comment on signal compatibility. In EMA crossing a true death cross should be considered the crossing of EMA100/EMA200. This is usually always dangerous. Since the model situation I want to discuss is now occurring on the daily DXY, let us take it. 1. So there is a fresh death cross printed on January 6. 2. There is no crossing of EMA100/EMA200...
wait for the perfect entry with proper risk and money management
Hey everyone, Default on debt of the US concerns because we're amid political tensions in the congress and the maturity date is approaching. Recap : Democrats want to rise the debt ceiling VS Republicans want to lower the expenses. The failure to reach an agreement before maturity date may provocate a shock wave on the market. As we all know, the dollar tend to...
We see a regular divergence in Daily timeframe . So the pair will go down! In 4h, we can see the target by analyzing head and shoulders!
We see a regular divergence in Daily timeframe . So the pair will go down! In 4h, we can see the target by analyzing the double top!