Here's another pair I spotted that might be reversing nicely, just like the AUDNZD I posted a few minutes ago. Same divergence in the MACD, occuring at R1, starting to see a lower-high with price struggling at the R1 level.
NASDAQ:EEI RSI is oversold MACD bearish trend is weakening $EEI #stocks #stockmarket
STOCH and MACD is showling a slow reversal into a bullish motion. Not claiming that gold has hit bottom, bc we are still in a bear strong trend. Let's see who wins this fight inthe 1160-1156 range.
macd divergence + reversal pattern = long
MACD crossover underway in USDMXN... Given the magnitude of the move in the Peso after Trump's election, it's reasonable to assume that any reaction to a Fed hike should be lesser vis other EM currencies given there's value here in Peso.
MACD crosses up while the channel is broken, looks like a decent move... thoughts?
MACD Divergence has appeared, getting closer to the 20 SMA, RSI looks to be fading... thoughts?
High levels trading is always hard because of the emotions. Now here traders at a decision point. Breakdown of the line and macd is sell. When it happens it starts to go down fast. Lets see.
On my chart you can see a nice bat pattern + MACD divergence which is, from my point of view, one of the best signals to trigger changes in the trend. Though its still forming, my idea is to buy this pair after the breakthrough of 1.1000 level (and fixing at least one 1H candle above). I put my SL order below the support level of 0.0950, TP order is several pips...
MACD cross over and oversold RSI at strong support level at 1300-1310. along with inverse head and shoulder pattern forming. Expecting a move to 1380 minimum if pattern is completed, especially with uncertainty in risky assets.
macd is crossing bullish just need another green daily candle. another leg up and new all time high possible.
- MACD Positive Divergence - As long as price breaks 59,590, we will wait for a retracement to FIBO 61,8 zone - We make a LONG entry at FIBO 61,8 zone
Based on weekly chart, it is about time for the market to choose a direction. MACD has 1 leg in Heaven and the other in Hell. With the shorter Leg in Hell, it would require less momentum to pull it back. Who will win, we shall see.
Next month's unemployment rate will determine if the MACD crosses and if we could potentially enter into a recession
MacD divergence at year lows. Weekly chart oversold, looking for a short term bounce.
Stumbled across this after the 2008 wreck, and have had an eye on it since. (It works before 1980 if the chart would go that far.) Just follow the MACD crosses to your favorite crash and where we've been for the last year or so.
INFY IS FORMING A CHANNEL ON 30 MIN CHART. MACD IS CONSOLIDATING WE MAY SEE A BOOM MOVE
If you are an options seller, this is a good opportunity to collect premium on the upside of the S&P500. That of course means selling (writing) a call; the strike should be above the recent "price contextW, i.e. above 2080. Choose a minimum of 6 weeks until expiration. You may also sell a call spread, e.g short the Call 2080 and long the Call 2120. The analysis...