Gold 2h long - Momentum vs. Price DivergenceOn the 2H chart, there is a Divergence of Price against Momentum. My Indicator/ Study "Jeddingen Divergence" shows green lines in case such a Divergence occurs.
The past two Divergences of this kind worked very well - they are shown on the chart as well.
I guess that Price will rise to 1288.551 - there is a former support that now might act as resistance.
Jeddingen
XAUUSD 1H shortThere is a strong bearish divergence of price and momentum (see the red line behind the candles: this is my jeddingen divergence indicator that spots those divergences).
And there is also a divergence of price vs. RSI - price is rising while RSI was overbought and is falling now.
Price could fall to the weekly pivot but to be safe, the profit target should be at the support level at 1270.20
Corn 240 longJeddingen Divergence seems to successfully predict reversals on the Corn (4H timeframe). The past 4 signals where very accurate, this accuracy might continue.
There is a current bullish jeddingen divergence (divergence of price vs. momentum) and a little pullback, so it would be a good time to enter the trade.
Take profit on price crossing-up of the trendline or wait until price comes near to the resistance line.
Silver 1H shortThere are multiple bullish jeddingen divergences (price vs momentum) on XAGUSD 1H chart.
Silver is in an uptrend, price is currently above the EMA200.
MACD is about to cross the signal line.
I expect a drop into the direction of the EMA200 / the weekly pivot, before the uptrend is continuing.
Profit target is $16.584
AAPL 1H long short-term opportunity
AAPL touched the EMA200
a bullish jeddingen divergence occurred (price vs momentum)
RSI was overbought and is going up again
MACD is about to cross the signal-line
All of the above indicate that the price of the stock might go up again.
The short-term profit-target is the weekly pivot at $150.19
Facebook 1H longFacebook is in a strong uptrend (see the EMA200). Recently price dropped and a falling-wedge-pattern formed.
Now there is a bullish jeddingen divergence (price vs. momentum) - that might indicate the end of the short-term downtrend and the continuation of the long-term uptrend - especially when price breaks out of the wedge.
GBPCHF 4H shortThere are multiple indications that the price of GBPCHF might drop:
jeddingen divergence (momentum vs price)
RSI was overbought and is now falling again
MACD crossed the signal line
Profit target: weekly pivot at 1.2576
To be safe, I will set an alert when price is crossing down the trendline and then enter the trade.
AMAZON 1H longAmazon went under the EMA200 and touched the oversold area on the 1H timeframe.
Now there is a bullish jeddingen divergence (price vs momentum). The short-term downtrend might reverse and the stock should continue the long-term upward Trend.
First profit target ist the current value of the EMA200. If that level was reached, price could go up to the weekly pivot. When the pivot was hit, price could go up to the original trend-line.
EURJPY long 1H / 15M multiple divergencesMultiple divergences on the 15M and 1H timeframes.
Price is in the lower part of the 1H linear regression channel, while about to break out of the upper linreg channel boundary on 15M.
RSI oversold and rising on both timeframes.
The daily pivot has not been touched.
XAUUSD 1H longGold seems to reverse around the S1 (1H traditional pivot-points) and could go up to the daily pivot.
RSI 1H is oversold and the MACD line looks like it is about to cross the signal line - this would indicate a reversal too.
There are some divergences on the 15M chart and RSI is oversold too.
XAUUSD 15M longGold is approaching the resistance at zone (1216.36 - 1217.48) but could break through this - there are no major divergences that would indicate a reversal and RSI is just a bit above 50, so far away from being oversold.
On the other hand, there are a lot of divergences on DXY that would indicate a reversal - this could affect gold, but gold and DXY could start to decouple.
If Gold goes above 1217.48 I will go long for a few pips.