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Centered Oscillators

Sell (Price action entry point)Presented is the 4 hr chart. Looking for a sell entry based off price action with RSI and MACD technical confirmation. We saw a bull breakout bar with a key resistance rejection following an exhausted bull trend. Based off price action rules a longer full pivot waiting period is occurring along the key resistance (explained on the chart) I will wait for a bearish breakout bar in the 1 hr to enter a sell trade. RSI has been looming along the overbought zone with the MACD set to cross down on signal. Please comment with any thoughts and ideas. Remember my entry rule before making moves. Thank you.
Short
by Pika7993
2
EUR.USD Daily Short then Long. 13 CCI divergence, fib targetsCCI divergence favors some move down in price. 38.2% retracement of upmove Nov 11 - Dec 3-4 is at ~~ 1.201, which may be a good first target. But if price demands also want a small wave 5 up, where small wave 1 began early Nov., and if little w5 up is at least as big as w1, another good target could be ~~~ 1.24 (fib > 224%) or a fib 314% target ~~ 1.26 Political and monetary decisions this week should reduce uncertainty but we'll have to stay current reading our charts. Posted chart is what looks OK now, so I have nimble short EU in preparation for a possible later move to new highs for 2020
Short
by nicker
EURNZD - Daily Outlook for Dec 2020 - Update 2 This is an update to Daily outlook on EURNZD. - Dec 10 Daily candle bearish close below Dec 4 bullish candle confirms bearish momentum continuation after retracement from Dec 1. - A retest of 1.698x zone is viable to complete triangle of love formation and continuation of the bearish trend - A break and support creation above 1.7340 level (Resistance Zone) will confirm bearish trend weakness and possibility of reversal higher to Resistance zones. Notes for Next week: Monthly Close : Bearish Weekly Close : Bearish Daily Close : Bullish 4H : Bearish momentum 1H : Ranging Previous daily outlook : FX:EURNZD
by Amr_Sadek
6
Strong buyWe were stuck in the trading channel last week between 1.63000 and 1.64000. I have pinpointed my strong buy sentiment on the charts. All very clear indications that the pair should continue towards top resistance and possibly breach to retest a new top resistance before reversal (most likely right at a whole number :) ). On the contrary we could see a significant breach following the second up trend after the first sideways breakout out following a downtrend. Please comment with your thoughts and added ideas! Thank you and let’s crush this week!
Long
by Pika7993
4
Triple bullish divergence AMT AMT Weekly: The weekly shows a rejection candle that went up to -1 ATR, a point of reversal the last couple of weeks that often resulted in a pullback to the 21 EMA. MACD Histogram is ticking up, although EFI is hanging around its EMA and not showing much strenght yet. Stochastic RSI is bullish and its %D line is rising. Daily: There is a nice triple divergence here, on MACD-Histogram and Elder Force Index. Then a ATR channel divergence on the current decline as well. Stochastic RSI is coming from an oversold condition and supports the idea of prices going up here. Also, MACD lines are diverging as well, which is a strong sign. Entry: 2.315 Target: 2.435 Stop: 2.24 R/R ratio: 1:1.6
NYSE:AMTLong
by Tornado_Trading
Ethereum show bearish divergence in H4 timeframe; Daily chartEthereum was into this descendent triangle and then, was broke down in the past hours and right now it's make a pull back to then, continue the drop toward these 2 levels: $520 USD and $490 USD as point to take profit. Now, very important it's to understand the key price action in Daily chart. Because the past candlestick was complete bearish and that show an indication that bulls are weakness and bears are here defending the $600 USD as resistance strongest in 3 occasions. In this screenshoot are the anatomy of the chart and we see that Ethereum it's into the higher zone. So, a good point it's that Etherum could reach down to the key support trend line from May 2020. And finally, we are into the correction #4 in the elliot wave analysis and it's so nice!!! So, in summary we see bearish divergence in H4 and Daily using the RSI and MACD, and also the price action strategy!!! So guys, at the moment I entry in short position around of $593 USD with a SL at $613 USD and then, my targets will be $520 USD and $490 USD
COINBASE:ETHUSDShort
by harisonhbn9718
NOTES: MACD- MOMENTUM INDICATORMoving Average Convergence Divergence Type of Indicator: Lagging Indicator -Data used in MACD is based on the historical price action of the stock. Since it is based on historical data, it must necessarily “lag” the price. Consist of 3 components 1) MACD Line FORMULA: EMA 12-EMA 26 2) Signal Line FORMULA: 9-day EMA of MACD Line 3) MACD Histogram: FORMULA: MACD LINE - SIGNAL LINE Functions 1) Momentum indicator for Bullish or Bearish 2) Helps in determining long or short position 3) Entry ideas TIPS (Must not be used as stand-alone Indicator) -BUY: When MACD Line Cross over the Signal Line + Reversal Candle/ Pattern -SELL: When Signal Line Cross over MACD Line + Reversal Candle/ Pattern -READY: When the MACD Histogram does not show big changes, ready for incoming big momentum either bullish or bearish Idea sourced from: -Investopedia -YouTube Rayner Teo: MACD Indicator Secrets: 3 Powerful Strategies to Profit in Bull & Bear Markets
MYX:D&O
by TH_K
Continue to buy within this channelI do not see anything that is going to intercept NZD’s momentum. We can be confident that finding buying points within the support of the presented channel is safe until we see a significant break out of the channel. Current indicators are playing out for a buy. I place an early buy prior to the MACD signal cross. Do not take blindly and place entry points along support line. I expect an overall push to .74000 as we saw last year in Nov-Dec 2018
Long
by Pika7993
BTCUSDT 4H | Bitcoin market overview: Bulls DominationHello, dear subscribers! Since the previous review, the price of bitcoin has increased from $16,000 to $18,965 per 1 bitcoin. Overheated market did not prevent customers from continuing to increase the price of bitcoin without significant drawdowns. The current price of bitcoin is $18,700. The current resistance zone is $18,800 - $19,000. Fixing the price above this zone opens for buyers the way to $20,000 - the historical maximum of the bitcoin price. Support zones: $17,600 - previous corrections were approaching this level. Below this level is the support zone 1: $16,500 - $16,800, and below this level is the support zone 2: $15,500 - $15,900. In recent weeks, we have seen an unstoppable rise in the price of bitcoin, on the daily chart accumulated large overbought on the RSI and OBV indicator. MACD is in the green zone since October 10, it is a very long period of buyer domination. Growing trend is still in force. It does not matter if we continue to grow from our current positions or go to correction, and at the top and bottom we have a large free zone for the bitcoin price movement. Which direction the price will go in the next few days. Subscribe to the channel and stay with us!
by CatalystsFinance