Will I engage in this Bearish Shark check back on the AUDCAD, time will time. Really. I'm waiting for the 11am(GMT+8) candle open to decide.
This is a textbook reversal pattern for SOL. War and breaking news is not textbook. This means anything can happen.
EURUSD is on a Bearish Trend, and if you are on plan to long EURUSD like I did, you are in a counter-trend trade. If you have a long EURUSD base on the Bullish Shark setup(link at the bottom), the target2 based on the textbook case has fulfilled its final target level, not for me. I'm waiting for one of the two different trading opportunities to have an...
With the price rejecting the concrete monthly psychological support twice, the evidence of a bullish RSI divergence is clear and evident on the main chart. Furthermore, the price broke a vital resistance level in the process signaling that its ready to head higher. Cheers, I hope you find this insight helpful. Please LIKE & FOLLOW for more insights into other...
Ford's chart is showing bullish divergence as the stock price decreased but the RSI and MACD have increased. This suggests that the stock may have bottomed out and is poised for a rebound. Ford has a positive growth catalyst with its electric vehicle line-up: F-150 Lightning, Mustang Mach E, and E-Transit van. The company also produces hybrids. The EVs and...
BINANCE:ALGOBTC has found support on the 0.5 Fib line and a rising trend line on the logarithmic scale. In this chart, I argue why these two signals are not strong enough and conclude that we should wait longer for a trade setup to emerge. You can follow this chart here . I hope you learn something from this video and if you like it, then please leave a like....
AUDUSD has its Bearish Shark complete and retests within sell zone. What's nice about this setup is a RSI Divergence on its retest.
LUNA had a great run within the last 24 hours. However, there is a bearish divergence on the daily time frame. Expect some pull back. Support levels are as shown on the chart. Thank you for your time and support.
Double top on the weekly $SUI - Double top on the weekly - Bearish divergence on the RSI - Breaking down on upward trend line - Break down on support - Price below high volume POC
A Bullish 5-0 Pattern complete on the Weekly Chart. If you had engaged the Bearish Shark Pattern I've shared last year, you would have gained a total of 848pips by just waiting for it to hit the profit level. Trading the Shark Pattern isn't an easy task as it can have up to 3 different entry zone, which means when you get stopped out the 1st time, you should...
Hello my friends, today I want to talk with you about BTC price break local support line and make a pullback then it and that what we need I think we will see a downward movement with target around 35-34k So be ready fort his scenarios. This is an article, not financial advice, always do your own research. If you have any questions, you can write it in...
for $ATER RSI on weekly looks bullish after reaching the base , RSI on weekly show divergence , potential to exit the short trend after breaking the orange line, all will depend on the Tuesday March 7 2022 Call asking price now @ $2.29
Hello my friends, today I want to talk with you about GBPUSD Now price is near major supports once again and we can expect at least local pump to the targets and resistances that are mentioned on the chart. <> So be ready for such scenario. This is an article, not financial advice, always do your own research. If you have any questions, you can write it in...
worth a shot if used stop loss correctly...
FOREXCOM:CADJPY I marked the pitchfork from the pivots on the weekly chart from June, September, and October. Confirmed with the Daily RSI and the Daily chart. It's very slight but there appears to be a bearish divergence on the RSI. I've only started dabbling in RSI divergences so I wouldn't consider this a confirmation, but it's worth noting. After...
Reason is on the previous/related post. All the previous divergence show the dump, perhaps this one also will.
GBPAUD has a Bullish Bat pattern complete at 1.8477, trend traders, this is a pretty good setup to engaged. You can wait for the market to show a confirmation signal at the PRZ and wait for a retest to engaged the trade. An aggressive trader can wait for a double bottom setup on the 1hourly chart for engagement opportunities. The upside is that the double bottom...
A Bullish Bat Pattern is spotted on the EURUSD, this is a sideway market movement. At this moment, I'm waiting for a retest at 1.1164 for a buying opportunity. If you are interested in this trade, you have to be aware that this trade could take from 3days to 2weeks to complete, there is a weekend risk influenced by the War between Russia and Ukraine(although it...