First time trading this strategy on Stocks. Price recently reached the bottom of a Channel. I spotted a possible Hidden Divergence on the MACD. Price also recently rejected off the LuxAlgo False Breakout Zone (Highlighted Blue). 3 signs of a possible reversal, Momentum is also headed upward on the MACD. Stop Loss is set at 13.10. I plan on holding this until it...
I waited patiently for Price to Reach the Top of the Trend Line Channel. Once it reached the top i realized the Highs on the MACD were higher than the Last Swing High (Hidden Divergence). Momentum started pushing towards the Down Side. I placed a Sell Stop at 1.65074 and set the Stop Loss at the bottom of the last Demand Zone.
After Marking up my charts on the Daily Time Frame I realized that Price was at the bottom of a channel at 0.85209. Price then consolidated and retraced to a Stronger Daily Supply Zone. MACD was showing strong a Divergence directly at the channel. Once i seen Momentum in the upward direction I waited for Price to Cross the 20 EMA. Entered and set the Stop Loss at 0.84971.
Nasdaq has been Diverging on the Daily MACD since January 26th. Momentum is finally signaling towards the down side. Failing to make Higher Highs on the 4 Hour Time Frame, rejecting perfectly off of the upper Trend Line. Confirming that there is a Trend Change coming. Stop Loss placed above the Trend Line at 18092.26.
1. Pin bar occured at S/R zone. 2. MACD Divergence occured. 3. Note that pinbar occured at Big Round number.
1. Bearish Engulfing Bar occured at S/R zone. 2. Fibonacci Retracement is at 61.8% 3. MACD divergence occured.
1. Bearish Engulfing bar occured at S/R zone. 2. MACD Divergence.
In today's post I present relevant marks of the DXY for the next week, which could support the one or the other, in their own analysis. = the technical analysis approaches, are shown in individual images in the post. So that an individual interpretation of the respective - standing alone - is possible. = the title picture shows an example, of a possible trade....
TCS formed shooting star with MACD divergence in 1H chart. SL and Probable targets mentioned in charts. For learning
sbin buy longterm 454 stoploss 20 june 2022 complete all correction
SGX NIFTY formed double top with bearish candle (may be bearish harami) with divergence. Watch on Monday for divergence and confirmation for short sell. No confirmation, no short sell.
In 1H time frame shooting Star pattern formed. Watch for divergence. Short sell.
Uptrend Shooting Star Double Top Forming divergences Short sell. Wait to break of low of second bearish candle.
this index complete all correction this time wait confirmation
Multiple bearish harmonic pattern formation on weekly time frame with bearish divergence on rsi and macd indicators,, prz levels of both pattern confluence around same levels,, counter have achieved the maturity levels of patterns,, waiting for reversal bearish candle on 60 mins and 240 mins,, once the confirmation is done,, expecting a fall of 7-10-15% in...
Reliance multiple harmonic pattern formation with maturity at same levels,, good reversal can be seen in this counter,, waiting for 60 mins reversal candle bearish divergence on rsi and macd good short candidate retest of previous life can be seen
Counter is on verge to complete its impulse phase of elliot wave,, on weekly time frame,, as per time cycle combination,, time of wave1 and wave 5 are equivalent and price wise also some calculative match are seen bearish divergence on rsi and macd,, on weekly time frame,, suggest the trend is on verge to mature,, good fall of 10-15% can be seen in counter good...
After forming MACD & Stochastic RSI divergence the stock has moved significantly higher, with a gradual increase in volume. It is now taking support on the previous resistance. A strong closing above 2870 would be a good buy confirmation.