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Rsidivergence

NZDUSD - Daily - Beginning of a profitable uptrend?Important test for the NZDUSD. After the first touch and rejection of the support (last minimum of 2015) , price is approaching it again. A further rejection may lead to the beginning of a profitable uptrend. Analyzing the RSI, breakout @32 level when the rejection occurred, and now it is retesting this level. A further rejection upwards may be the first signal of inversion of the trend. Besides on the 4H TF there's a divergence: lower low for price - high low on RSI. Entry @0.6276 TP @0.6433 SL @0.6243 R/R 4.9
Long
by c_cap11
Trade Ideas Educator : AUDCAD SharkA bearish shark setup that I deliberately didn't take the trade because on last Wednesday 4Sep19 there is a Canada Rate decision marked by the red eclipse. Such an event can swing the trade both way and I'm not going to gamble again. Heard of that phrase, there's always another chance, so here it goes, 2nd chance entry I didn't take again as its Friday and market are about to close. Will wait for either market open, observe the movement before engaging the trade or to wait for the retracement to happen.
Short
by RaynLim
Trade Ideas Position: GBPAUD BatBearish Bat trading opportunity on this setup. To many harmonic patterns traders, this bearish bat might already be invalid but not for me. The red line act as a Profit Trend Line, if you don't know what is Profit Trend Line then you might have learned this from the wrong source. It is still valid for a short because it does show a series of lower-high and RSI Divergence in the earlier part. It is still a countertrend trade, if this doesn't feels right to you, don't enter.
Short
by RaynLim
2
Bullish Divergence And 50% Gain PotentialETH/USD is looking like a good potential buy right now, especially if price can break out of the falling wedge. The biggest thing i noticed from this chart was that there is a bullish divergence between price action and RSI. This is a great sign and i anticipate price to touch the upper resistance within the next two weeks. This would be about a 50% gain. I think ETH is due for a big spike. I am going to scale in but will be watching closely to make sure price does not break below that long term support line. *This is not financial advice. I am not responsible for any losses of money.*
KRAKEN:ETHUSDLong
by ParCrypto
Is LINK In A Massive RSI Bullish Divergence?LINK has been in this consolidation zone between $1.97-$2.84 since July 14th. We are actually in a downtrend channel within this zone though. This may not be a totally terrible thing though. If you look closely at the RSI chart at the bottom, you can see we are in an UPTREND channel! This is what we like to call a bullish divergence! Granted we have broken out of this channel a time or two but that sometimes happens when volatile moves are made. In general we have been in an uptrend in RSI and a downtrend in Price since July 14th. I think this a V ERY bullish sign and it confirms that this is a healthy consolidation . Finally, there is a falling wedge forming that has its own bullish divergence. I expect price to move up from here. I initially thought price would revisit the high $1.80-$1.90 range, but I'm not so sure anymore. If you follow my ideas you can probably tell I am a LINK permabull. I think this is one of the best projects in the crypto space and I fully believe it will be a top 10 coin. Even if this coin falls to the range stated above, I will still continue to accumulate. *This is not financial advice. I am not responsible for any losses of money.*
BINANCE:LINKUSDLong
by ParCrypto
Massive Risk/Reward in $AAL right nowAAL As seen in the attached weekly chart below, AAL has reached a lifetime support level triple bottom. In addition to this, the daily chart is showing some very steep bullish divergence in RSI and in the Klinger Oscillator. I have had much success playing these particular types of RSI divergences, ones where there is a steep drop into oversold conditions, a slight bounce, followed by a drop below the prior low. If this price action occurs along with a steep RSI divergence print, I have found a high likelihood of a move upward to follow. However, being right at this critical support level adds the most important aspect; risk/reward. Stop loss set at 24.98 allows for less than 2% loss before being able to cut the position and move on elsewhere. With possible gains at a minimum of 15%, the reward outweighs the risk by a ratio of 9:1. Not bad odds to me. If playing short term, I like Sept. 6th C28 options, currently available for no more than .13 per contract. If a longer term buyer, this would be a great spot to initiate a position with stop losses set at 24.98. Happy hunting and GLTA!!
NASDAQ:AALLong
by UnknownUnicorn1314136
Trade Ideas Educator: GBPAUD BatA bearish bat as a countertrend trade within the double sell zone with an RSI Divergence made it even better. This reminds me of the good old day where both my AUDUSD and NZDUSD have RSI Divergence, AUDUSD within the sell zone but NZDUSD broke the sell zone. At that moment I have gotten myself mentally prepared that 1 will hit profit and another most likely a losses. But guess I was wrong and I'm happy that I am both hit profits. Let's see how this baby roll out.
Short
by RaynLim