Rsidivergence
Good possible long trade in IpcalabsIpcalabs, price movement has fallen out of the Bollinger bands recently and has formed a 'W' bottom. What further makes this a good possible long trade is positive RSI divergence on the RSI (14) chart. (Lower - Low on Price Chart and Lower high on RSI Chart)
Consider entry at Current levels with a stop loss of 2084.2 with below targets -
Target 1 - ₹2,167
Target 2 - ₹ 2,207.60
Target 3 - ₹ 2,248.40
Consider trailing your stop loss to the targets once every target is hit.
KOTAKBANK | Trendline breakdown 🎯⭕ Trading opportunity ! Chart Alert !!! ⭕
--Sell Below =1928 or CMP
--Target = 1808 | 1726
--Stop-loss = 1975
--Lot Size = 400
--R:R = 4.34
--Expected Profit = 80 k + ₹ per lot (10.49 % )
--Expected Holding = 1 months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Trendline breakdown with volume
2) 50 ema is also broken
3) reistance breakdown with volume
4) RSI divergence is a another confirmation
Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
Bajfinance | RSI divergence Strategy 🎯⭕ Swing Trading opportunity ! 1hrs Chart Alert !!! ⭕
--Buy above =5067 or CMP
--Target = 5166 | 5303
--Stop-loss =4999
--Lot Size = 250
--R:R =3.5
--Expected Profit = 59k + ₹ per lot ( 4.66% )
--Expected Holding = 15 day only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) rsi divergence is the biggest reason
2) Trendline resistance also break
3) volume is good enough
4) support & resistance is already mentioned
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
BTCUSD bull run looking for a correction?BTCUSD bull run seems to be due for a correction. The 4H chart shows major divergence on the RSI. Besides, the price has gone too far away from the 50MA (red line) and is at the psychological level of 30000. A correction toward 26000 (50MA) or further up toward 21000 (200MA) on the 4H chart seem likely. Watch out!
DLFIn daily time frame it has made an Evening Star Doji with a negative RSI divergence. It faces resistance at 215 and support now comes in at 195-190. View negates above 222.
Evening Star Doji is formed in an UPTREND, 1st candle is bullish one , 2nd candles is a DOJI candle above the body of the previous candle and 3rd candle is a bearish one below the DOJI candle and closing below the midpoint of the 1st candle (bullish one )
Negative RSI Divergence happens in an UPTREND when the stock/index makes a higher high but the RSI fails to do so making a lower high and curls downwards.






















