Price has been in a very good downtrend but price can't go forever in a single direction it has to get the volatility to again proceed in the original direction. I've been looking for a short term long in this pair and this might be the time for that buy..
I've been anticipating a short since the previous 2.00335 GBPNZD . The short has appeared and now it has also created an ABC running flat now i'm looking for an impulse to the downside.
We can observe that the lower low made is not supported by the indicators thus forming the divergence and showing the strength. It is formed Morning Star Candlestick reversal pattern which is reasonably reliable so one can buy the stock at current level by providing the appropriate SL. We can expect the target of 1815 which offers a good Risk to Reward trade....
CONDITIONS MET 1.TREND - UPWARD 2. MACD = OVERSOLD 3. RSI = OVERSOLD 4. FIBONACCI = RETRACES FROM 61.8 % RETRACEMENT 5. MOVING AVERAGE(200,100,50) = ALL ARE BELOW CLOSING PRICE AND TRENDING UPWARD TARGET 1 = 932 TARGET 2 = 995 SL = 860 -870
Seems that Nifty is poised to bounce back. Analysis for education purpose only
Conditions looks set for an Ethereum take off. Low Stochastic RSI (21), negative divergence on lows and highs in the MACD indicating, and the Aroon heading towards the up portion of its oscillation. Touches of the upper trend line signify the pair is ready for a breakout. But as we know, in this hyper-volatile cryptocurrency market, one can never be too sure of anything.
Free stuff -- something which we ignore in haste. Unfortunately, whatever education I have been doling out is absolutely free. So please bear with me. Rules: ------- Only Long trades when price > 55 EMA Only short trades when price < 55 EMA...
USDINR face fine support within (64.70-64.80) and a multiple time test of this range sees a clear divergence with the MACD indicator. On the higher time frames, momentum indicators too have created a divergences which suggest that the Dollar will try to appreciate from current prices. However we should wait for a confirmed break above 64.90 for further upsides...
BUY ABOVE 618 STPLOSS 600 TARGET 635 TARGET 665
READ CAREFULLY TO LEARN AND EARN Strategy backtested below for two years from 12/2/2014 to 12/2/2016 Rules: Only Long tardes when 55 EMA is above 200 EMA Only short trades when 55<200 EMA Time Frame 1H Long Entry Preconditions: Price above 55 EMA Positive Divergence seen on MACD signal line (for High probability Entries) MACD histogram above zero...
Regular MACD Divergence on AMARAJABAT and the trade will get active once the trend line broken. Trade: Buy - 855 Target - 885 Stop loss - 835
RIL looks weak. If it sustains 1320-30 levels then further upside. If it breaks below 1310 will take support at 1250. Short RIL below 1310 Target 1: 1280 Target 2: 1250 Stoploss: 1325 R/R: 1:4 Regards
Daily charts with MACD shows regular bearish divergence. Corrections around the corner?
AND ITS A BUY @ CURRENT LEVEL STOPLOSS 277 CB TGT 300+.. ON WEEKLY CHARTS TATAMTRDVR HAS GIVEN A BUY SIGNAL..GET ON BOARD FOR THE RIDE..
Beautiful MACD Histogram divergence taken place...beautifully taken support @ 200DMA.. Risk is 4 points if bought @ 226 and targets are 230-235-240..ENjoy