SHORT GOLDShort scalp on Gold with bearish cypher pattern and overbought stochastics on 15min TF, TP 1430
Stochastic Oscillator
Interesting Note for #TBLTThis is only the 3rd time TBLT has had 3 consecutive days of Green Daily Candles since launch.
If today holds, it will be the only time of having 4 consecutive days of Green.
This is its best chance of full reversal back above $1. The MACD looks poised to go positive.
The 50MA is .03 away. Not enough data to get a 200MA. STOCH-RSI looks good.
Volume looks poised for a jump within the next 2-3 days.
Taking a chance but too many positives to let this one pass.
+RD & Oversold Oscillator On USDCADI see positive regular divergence (+RD) on chart.
It's possible to change trend to Bullish.
On the other hand you can see over sold on Stochastic Oscillator.
+RD and oversold on Oscillator make a chance to have long position on USDCAD.
Shayan zamani.
15 July 2019
GBPUSD 1H SellGBPUSD shows sell signal because it's near the top of the range in 1D chart and Stochastics shows dead-crossed, suggesting the market is over bought and price dropping.
forexTrdr EURNZD- TESTING RESISTANCE ON DYING VOLUMESMorning traders,
Looking at a great short setup on Euro versus New Zealand Dollar on the recent move higher coming up against resistance dating back to early January at the same time as volumes are dying out- suggesting this rally up to the resistance level is running out of power to break any further higher.
This coupled with multiple indicators showing overbought levels presents a great opportunity to place a high risk reward trade.
Our chart on trading view shows the resistance level dating back to January, the RSI at overbought levels and stochastics at extreme levels near to 90. We are looking for a pullback to 1.68 area before a period of trending sideways then further weakness down to 1.67.
Good luck trading
from the Team at forexTrdr
find us on instagram, twitter and Alexa flash briefings
forexTrdr AUDNZD - SHORT INTO AUSSIE INFLATION DATAGood afternoon traders,
Looking to position ahead of tonights Australian inflation data which we expect to come in below expectations of 1.5% (yoy) in a similar manner to the recent New Zealand data. Given the data driven nature of this trade we are trading with a tight stop loss just above the previous candle wick high on 17th April.
Backing the entry of this trade is the long standing resistance around 1.07 that the market had turned lower from in the past few trading sessions in line with a declining buying volume which can be noted in our trading view chart work. We have taken a daily chart to highlight the turn over in stochastics as we look for the pair to head lower to 106 and potentially down to low 105 area should Aussie inflation disappoint overnight.
Good luck trading
from the Team at forexTrdr
find us on instagram, twitter and Alexa flash briefings
GOLD SLOW STOCH SIGNALToday I introduce you to the slow stoch analysis where we will see that if the arrow part goes above then we have a very strong signal from the bulls but if the bow reaches the bottom the salespeople will try to break another resistance in 1287 and continue with down to 1280.
0.618 Fibonacci Retracement is keeping us down.Hello friends,
I must apologize for my last post. I expected a dump at the 21 weekly moving average, but in the end it was a breakout to the upside. Still stuff like this is part of the game and we keep on trading to gain more than we lose. With the last pump you notice that Bitcoin stopped at an important level called the 0.618 Fibonacci Retracement. Besides that we are still overbought on the weekly Stoch RSI. For the time being we remain bearish. If bitcoin falls back and remains above the weekly 21 moving average we might see long opportunities for in the future. For now that's it.
Much love,
Nafasion
[Signal] GBPUSD: Brexit Weakness PersistsGBPUSD
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Bearish candle formations
- Stochastic Overbought momentum
- Price action near resistance trendline
- Fundamentally, Brexit will be volatile. Will a weak vote push up the pound because it delays and may cause a second referendum? Or this will make UK's economy grow even weaker due to the constant delay of business growth from Brexit uncertainty.
Suggested Trade:
Entry @ Area of Interest 1.2800 - 1.2900
SL: 1.2959
TP: 1.2602
RR: Approx. 2.46 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
[Signal] EURUSD: Buying Momentum Picking UpEURUSD
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Bearish momentum waning
- Stochastic Oversold momentum turning
- Price tried to break the Support Trendline but could not sustain itself below the trendline (Buying momentum gaining)
- Price action at Horizontal Support Trendline and has bounced off against it
- Please refer to previous post on EURUSD Inverted Head and Shoulders
Suggested Trade:
Buy EURUSD
AOI: 1.1335 - 1.1465
SL: 1.1244
TP1: 1.1585
TP2: 1.1794
RR: Approx. 2.46 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
[Signal] EURCAD: Strength Likely from Multi SupportsEURCAD
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Price action bouncing off Triangle support
- Stochastic Oversold momentum
- Wide EMA gap
- There are alot of support trendlines below and can provide as a strong support
- DXY has diverged from alot of other currency pair strengths
Suggested Trade:
Entry @ Area of Interest 1.4835 - 1.4990
SL: 1.4693
TP1: 1.5100
TP2: 1.5312
RR: Approx. 2.13 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Bullish cross on Monthly Stoch. RSI >> End of bear market? A simple yet very powerful indicator could be the Monthly Stochastic RSI.
We recently had a bullish cross on that indicator. Looking at the previous 2015 bear market, we see that once the Stochastic RSI hit the bottom, a bullish cross-over indicated the end of the bear market and beginning of accumulation/consolidation phase which went on for a few months. Even if this indicator shows a bearish cross again, it will be temporary and the BTC price will just attempt a double bottom at the $3.1k levels (we see almost the exact fractal in the previous bear market)
In summary, I believe there is some good merit that this indicator (Monthly Stoch RSI) actually points to the official end of the bear market.
#stochasticBullishMonthlyDivergence
#HODL !
EURUSD back to bullish run, floating with 20 pips in profitOn the daily chart we've spotted a hammer candlestick showing strong rejection, alongside the Stochastics which is supporting our buy idea. If we go to the 1h chart, we can see how price broke and retested a S/R, so I'm very confident about a bullish scenario.
Kraft Heinz Price Prediction 9 February 2019 MESSAGE ME FOR A DETAILED REPORT
I am predicting it will reach the green area by the time and price shown, or at least bottom on the yellow column.
Tools Used:
Fibonacci Retracements, Wedges, and Arcs
Gann
Lunar Cycles
Stoch
Square of 9's
Value Line Investment Survey
Some Fundamental Analysis
Ichimoku
MESSAGE ME FOR A DETAILED REPORT
NZDUSD pulling back to trendline, see daily stochastics!After breaking a major trendline, NZDUSD is now retracing back to probably retest this. We can get a good +80 pips movement from this pullback before it drops again. The Stochastics on the daily chart is ready to shoot up.
EURUSD new bullish trendEURUSD is struggling to climb back up, but price couldn't go lower for the past 2 years.
I'm expecting the pair to climb back up and start a bullish trend as Stochastics are indicating so.
Will buy this pair once it crosses my resistance area.
Short position on USDCHFStochastic bearish divergence is showing a clear reversal on the current bullish trend. There is an an ascending triangle clearly showing and the price will very probably hit the 0.98500 mark, supported by the bullish trend line, by march 19th before it rises again to the level above 1.00416.
BTCUSD Daily Trading ZonesI've been following this chart for some time now and have made several successful trades.
The red resistance lines were originally created using the fibonacci tool
The support we are nearing of 3200 is from August of 2017 and the resistance lines can also be used as entry and exit points for daily traders
If you have any more questions feel free to contact me on tradingview or twitter!
Several slots left in the private trading group as well
Correction of 2009 rally targets 1535.00After the five wave move up, a correction to Fibo retracements is likely over the next 3 years with a target date of 2024. The first target is the 38% retracement at 2072, the primary target is 1535. A break below 24%, 2404, and the lower line of the 2,4 channel would boost the likelihood of meeting the targets.
Bearish Divergence; StochasticsVery clear divergence on the 15 minute chart, as well as hidden and normal bearish divergence on the 5m charts. Make sure to look for other indicators to confirm.
monetha here IF...if the macd can cross positively.
if the stoch doesnt sit on the floor for days
and if bitcoin doesnt fall off the face of the earth
