It has been observed that the Price on USDJPY 30 mins chart has been moving inside a rising wedge with the MACD about the make a crossover. Entry: 113.285 Target: 112.092 Stop: 114.355 Regards.
RSI DIVERGENCE WITH MACD DIVERGENCE AND THERE IS A REVERSAL SING IN HEIKIN ASHI CANDLE SHORT AT 1196 STOPLOSS 1235 HERE IS NO TARGET WE WILL TRAIL OUR STOPLOSS
RSI DIVERGENCE WITH MACD CROSSOVER,TAKING RESSISTANCE AT 89 EMA AND IT ALSO GIVES A SHOOTING STAR.....FULFILL MY FAB 4 THE CRITERIAS,GOING TO BE A INTERESTING TRADE SHORT AT 935 TARGET 890 STOPLOSS 980
IDEA has been correcting since a long time and looks like the correction is Potentially Over.. I am taking an Early Action on it with a small stoploss around 63 levels and Targets around 120. There is Bullish MACD Divergence on the chart and the last candle is bullish one to give some support for the prediction. Happy Trading!!
Nifty Daily pitchfork chart.Looks good for the target of 8750-8800.But the Only problem is the indicators.RSI and MACD are overbought in Daily chart but Weekly chart told a different story.All depends on Budget This is my personal view and only for study purpose
EURUSD poised to move out of lower trend channel. Probability of downward break confirmed due to bearish MACD divergence. Targets 1.05 to 1.055 zone
USDJPY is starting to show bullish divergence indicating that the downtrend may be coming to an end.
fsl making a cup and handle pattern in weekly and monthly pattern for target price of 64 to 74 for long term with +macd cross over
Adaniports head and shoulders Resistance acting as support MACD divergence Can sell below 291 SL 300 for trgt 284-272
Nifty 8400. Made a high 8461 with a Dark cloud cover on top, having negative divergence in MACD, can correct to 8285 _8230 level. If my count is correct, with the 5th of C is extended more than 62% the correction could be steep & swift. On the other hand the scenario is bullish above 8228 as external influences could be positive and we all are expecting a...
the trend for eurusd is going down and macd rsi also support that
As we see Titan confirmed Double Bottom pattern by closing above 325 level. Also there is positive divergence in RSI & MACD histogram indicators at the two bottom levels namely at 303 & 308 confirming the reversal of downtrend. On balance volume also rising. It achieved target price of 350 levels as per double bottom pattern calculation. Next Target price is 375 ....
confirmed Double bottom formation as it broke above 8274 levels on Intraday basis. . It is currently facing resistance at 8290 levels which is the downward trendline resistance. A close above 8300 would be a positive sign for the Index Also note , MACD histogram and RSI indicators are showing postive divergence which is a Bullish sign. Any break above 8300...
we have a long time trend line res: at 19980 , it can go there also, but it is not the way , i approach the target level, unless i see an extreme bull market, i cannot sat higher target. look at the indicators turning bullish, but notice that , they are all under bearish zone Eg: the macd is below zero line @venkaticr, External influences like an election, a...
Nifty 8288. Assumes that wave iv is concluded at 8228 & we are in the wave v th, which may conclude around 8312 _ 8360….. Now the reversal level is 5th of v th start level 8228. Although we are expecting a further move ahead nifty is facing many Resistances like a major five month Trend line BLUE, DEMA 100 resistance (not 34 sorry), and Daily MACD above...
Continuation On MACD supporting upside in USDINR chart
BANKNIFTY 18287 The said 17600 level supported well, now the resistance is near18500. MACD is in bullish zone.
According to ichimoku, the cloud broke, but the chikou span is still in the cloud, so we still have not got the confirmation of the new trend. Also MACD is showing overbrought, so have to wait for the confirmation so we can trade.