Talismanxx

Talismanxx

For me, currently gold is at a critical point. 1H TIMEFRAME... Here, I am using divergence to divergence approach to determine the top and the bottom of a trend. Bearish DIvergence can be used to find the TOP point of a trend or reversal trend from bullish to bearish (FIB 100%), while Bullish divergence can be used to find the BOTTOM point of a trend or reversal...

Talismanxx

i wrote it on the chart....... Please trade at your own risk and analysis, i am still learning here hehehe PEACE :)

Talismanxx

This is linked with my previous idea about Hangseng Index following 38-23-61 FIB retracement. Recently, on the HSI chart, after the price hitting the 61% FIB,the index fall (corection). I think the HSI will continue its trend to 161% FIB. However, there will be corrections occur in order to recharge its power heheheh CMIIW

Talismanxx Updated 

We can see from the chart that for the XAU the price getting higher while the RSI getting lower. This indicate there will be a reversal trend or correction that might happen soon. so Let see!!

Talismanxx

Just want test my view on HSI daily chart

Talismanxx

We can see that from the chart, the price getting higher while the stochastic getting lower which indicate a hidden bullish divergence or the continuation of bullish trend. This is confirmed today by the price which candle bounced back from its support at its Fibo CLuster @1.11648 coupled with the golden cross almost formed on Stochastic. If these are true then i...

Talismanxx

written on the chart

Talismanxx Updated 

from the chart we can see that the price has touched the fibo 61% as well as Baseline from ichimoku. I think if the DJI break below those level, it will be very bad for us.

Talismanxx Updated 

SO, i try to analize the DJI chart using ichimoku and found that: 1. PRICE VS KUMO indicate Long as the price already above the kumo 2. CONVERSITON LINE Cross above BASELINE above the kumo cloud indicating strong bull signal 3. THE CHIKOU SPAN aka LAGGING LINE has crossed above the price coupled with the fact that the lagging line breaktrhough above the kumo cloud...

Talismanxx Updated 

1. PRICE CROSSED BELOW KUMO. 2. MEDIUM SELL SIGNAL AS CONVERTION LINE CROSSING BASELINE IN THE KUMO CLOUD. 3. LAGGING LINE CROSSED BELOW THE PPRICE, AND KUMO CLOUD 4. TRANSITION CLOUD??

Talismanxx

I think US30 followed the 23-38-23-61 route, and after completing its way to the fibonacci leve of 161,xx% it went down to complete the wave 4 of its trend. And now on its way to wave 5 of EW. CMIIW!!

Talismanxx

With the bearish divergence found on Daily EU chart coupled with the bullish divergence found on DXY chart, im sure shorting the EU would be very reasonable for me. However, firstly i must find two bearish candle at the daily EU chart and at the same time the DXY candles will reach Fibonacci 23% level. Secondly, IF the candles on DXY show strength to reach FIB...

Talismanxx

From the daily chart we can see that the price going up while the RSI getting lower which indicate the Regular Bearish Divergence or reversal trend. However, to see if the divergence is working, we need two bearish candle to form on the chart. SO lets see if we can have another bearish candle tomorrow to confirm the divergence. Firts target is going to be FIB 23%.

Talismanxx

Hello everyone, Good Morning to you all!! SO, after looking at the EU chart with the TF of 4H, i found that the price getting higher while the stochastic indicator (i use 8,3,3) getting lower. According to what my mentor said, this is one the indication that the chart will continue its trend which is BULLISH.

Talismanxx Updated 

From my point of view using divergence theory, I believe the reversal has come to the AUDUSD pair.

Talismanxx Updated 

So i found the bearish divergence on 1H chart, as theory stated by my mentor that to confirm the divergence, it needs 2 candles bearish. Furthermore, After the confirmation. The next move is gonna be to the fibonacci ret 23% to validate the divergence. I say that this divergence will follow the 23-38-61 route. However, the reality might come out difference. so Let us see.