Search in ideas for "oscillator"
Adani Gas Retraced long swing Hello everyone,
Adani total gas jump from bottom 575 to 860 now trading at 745 retrace 38% with volume drop indicates sellers dont have strength RSI also adjusted from overbought to now near 40 ema 50 support is there good long set up for trend fibbo extension 0.61% i.e 920++
Bata Weekly falling wedge Bullish Divergence Squeeze Hello Everyone,
Bata India formed RSI bullish Divergence on weekly timeframe also afalling wedge pattern monthly timeframe peanut chart pattern upside breakout possibilities so buy on dips is good strategy once break above 1550-1600 will go for 2000,2200,2500++
Consolidation or Distribution Kotak CMP 1746
Trendline- break of a long term trendline should raise some red flags. The stock has been consolidating since 2020 and has now broken the trendline is very negative. Hence this consolidation is distribution to me.
Fibs- the dip to 38.2% is strength. However the consolidation above it has negated the view of strength.
RSI - the oscillator falling below the averages is again negative.
Conclusion- use this rally to book profits.
My 3 good entries following trend with ADAUSDT on M15 timeframeThis Uptrend season I decide only BUY with altcoin and spend most my collection in SPOT.
20% assets will forcus on future only x3-x5 Margin and BUY LONG only.
This chart shows how I follow the trend in Uptrend with good entries good positions.
My prediction with ADAUSDT will raise up to 3.1$ soon in 2025.
SHORT XAUUSD 03.12.2024BEARUSG DIVERGENCE APPEARS WHEN PRICE IS REJECTED BY TRENDLINE
Stoploss, entry as shown.
LFG
LONG XAUUSD 02.12.2024BULLISH DIVERGENCE APPEARS WITHIN A PARALLEL CHANNEL
Stoploss, entry as shown.
LFG
this dip will be an opportunity Tata Power CMP 414
Elliott- there is one more wave C down of the double corrective pattern zig zag still due.
Fibs- 370 and 343 are the two zones to look for reversal. Fib ext too has the similar zones.
RSI - break of support at 45 is negative. the oscillator was in the bear zone while the stock made new highs is again negative. It will continue to fail below the averages.
MA- The rallies are failing below the averages. That's weakness.
Conclusion - this stock is in a strong bull trend and this dip will be an opportunity to buy this counter.
LONG XAU 28.11BULLISH DIVERGENCE APPEARS WITHIN A PARALLEL CHANNEL
Stoploss, entry as shown. I hope we jump on the right train this time.
LFG
Consolidation or distibutionSRF CMP - 2297
The stock has been sideways for several months now. So the question is , is this consolidation or distribution?
RSI - If we look at the oscillator it has been trading in the bear range through out this phase. It is telling us things are changing.
Conclusion - since the stock is trading in a range. The downside break of the range should be taken seriously. Best is take profits off the table on the upper range of this consolidation.
LONG XAU 28.11+3R and 3R yesterday.
The price is now oscillating within a parallel channel.
Sl, entry as shown
Parallel Channel XAU 28.11+3R and -2R yesterday.
The price is now oscillating within a parallel channel.
Taking profit on the last long order was the right decision, but I couldn't time the entry for a short order effectively.
LONG XAU 28.11BULLISH DIVERGENCE APPEARS WITHIN A PARALLEL CHANNEL
Stoploss, entry as shown. I hope we jump on the right train this time.
LFG
Wait for a dip to enterCMP 563.40
Elliott- The 5 wave move is an impulse wave. Hence this correction is an opportunity to buy. In my view wait for a dip to 520/530 to enter his counter.
RSI- the oscillator halting above the bull zone of 40-45 is an indication of trend being intact.
Fib - the retracement to 38.2% of the current swing is telling me the trend is strong and this correction is an opportunity.
LONG XAUUSD The convergence is being built up. I'm waiting for the confirmation to take a long order.
Stoploss will be the lowest low of this swing and Takeprofit will be 2658,255.
it is still in corrective modeDivis Lab CMP 5977
Elliott- The iiird wave of C should start from here. The minimum tgt for it is 5535. They generally the strongest and sharpest moves.
RSI - the oscillator has reached the bear zone at this rally and is confirming the weakness.
Conclusion - its a good short in my view. Good news is it is a bullish corrective pattern.
A good amount of correction still leftAxis Bank CMP 1139
Elliott- the iii rd wave of C is underway. This fall will be sharp. To me it should end around the 994 zone.
RSI- On the last rally to the highs the oscillator only managed to go till the bear zone which is negative. Now it is below the averages and is all set to break its bull support.
Hence my view on Bank Nifty is intact the selling is still not over.
Positive RSI Divergence As it can be seen on the Daily Time frame chart
The price has moved down from 55165 to 53833 (-1332 points)
during the time period of 25/10/24 to 13/11/24
While during the same time period the RSI has moved
upwards from 28.99 to 30.66
It is a 13 bar divergence
If the RSI crosses and sustains the level of 40 on Daily time frame ,
we could expect an upmove towards 55230 / 56500 levels respectively.
NITFY 15 mins Bearish Harmonic PatternHello everyone,
Nifty form Bearish Harmonic reversal pattern spot 23485 can go down till 23200 upcoming election event and us dollar at lifetime high so expecting high volatality.
