USDCAD ShortUSDCAD could be a possible set up for a short.
DXY Head and shoulders looking very likely so on the back of this we are going to be looking t get in on the action.
USDCAD looks the best set up t take advantage of this as we can see EMA cross a key area of S/R.
We are just going to be patent with this one and wait for the cross to be confirmed and a nice bearish candlestick pattern to appear.
Let me know your thoughts and have a good week of trading!
Moving Average Convergence / Divergence (MACD)
EUR/USD has prepared for a bullish sentiment!!!Hello guys, in this technical analysis, I see that EUR/USD it's show us a possible reversin of the trend, in that case is bullish. So, it's very important to us to understood that. Now, In H1 timeframe, we see a possible formation of elliot waves ABC to later to change the microtrend in H1 timeframe. This is my elliot waves analysis
But, remember that in H4 timeframe we are into the soulder head shoulder inverted and the setniment are bullish. Also, lets me see too taht we are into a bearish channel in this updated what I do. There are a possible reversion of the trend in H4 timeframe to change the trend!!! So, it's very important to stay alert!!!!
An also, if you noticed down. In the MACD indicator there are a cotraction of supply zone and so, soon the bullers are cooming up.
And also, there will be cautions when institutinals make a manipulation of the zone, there are a highly possibility that institutionals do to entry in short to them believe to everyone continue in sell off and later going to up the price keep on the markets.
EURUSD Short10 and 20EMA cross confirming change of trend.
Doji followed by a bearish engulfing candle off the S&R.
MACD fast line below the slow line confirming bearish momentum.
I got in to this one before stochastic was oversold.
Going to follow price down with a SL just aove each recent swing high / low.
Got any ideas?
Let me know.
Updates of GBP/USD: Beware of Manipulation!!!Hello guys, in this technical analysis I found up a another armonic figures a BAT, So, the target is reach at 1.618% of Fibonacci, now, we find up with bearish candlestick pattern and so, it's mean a possible manipulation of this zone, I use my secret Fiboancci called Shark Hunters, well, it's never get us this pattern when we do in the morning a possible buy zone, but it's have a invalid because this is a price consolidated a little, so, don't put any long position in there. Because if you use any indicator as MACD or RSI there show us a bearish divergence, but specially in MACD we see a weakness of the price, and it's a possible go back into the bearish channel.
Also, I add my previously technical analysis of this par!!!
CERS MA MACD Histogram just turned positiveThis is a Bullish indicator signaling CERS's price could rise from here. Traders may explore going long the stock or buying call options. I identified 41 similar cases where CERS's MACD histogram became positive, and 34 of them led to successful outcomes. Odds of Success: 83%.
Updates of GBP/USD: Short movementIn this updates, I will going to make a analysis. Because I found out a bearish divergence in M30 minutes, but if you see in H1 timeframe, the trend is show us a continue sell movement, so price action its show the signal and MACD also too!!!. So, there are 2 indicators very overbuy!!!
MACD, RSI, and PMI (Volatility Alternative) - Automated TradingThis trading strategy combines momentum, volatility, and limited risk by using three key indicators. Those are MACD (Moving Average Convergence Divergence), RSI (Relative Strength Index), and PMI (Price Movement Index). The latter is an indicator I created for this strategy to measure price movement rather than volatility to keep things extremely simple and make sure the code works as intended.
Overoptimizing and using fancy indicators early on during backtesting often leads to overoptimization problems, so I've tried to keep everything extremely simple. We trade when the following conditions are met:
1. Price movement is low (long or short; we want to trade in low-noise conditions)
2. MACD is crossing over (long) or under (short)
3. RSI is above 60 (short) or below 40 (long); setting to the traditional 30-70 gives too few opportunities.
We also stop the trade based on brute-force trial-and-error tested stop losses and profit takes at simple levels such as 1000 pips, 3000, 5000, 10000. This is sensitive to over-optimization, but I only used these crude values to try and keep it sane.
Rule #1 that's being followed here is to keep it simple and to diagnose areas where your algorithm is weak, trying to use general principles over specific things on a single chart.
Happy trading!
📈 Bitcoin on Huobi Futures? Long | Short ?Bitcoin has been in this wedge around 9000 to 9500 ish for a long time but it seems the wedge is starting to get closer to the end.
The RSI looks very good not overbought or oversold but will this lead to a continuation in the zone or is there a breakout coming?
The indicator on TradingView shows it as a "BUY" but am not sure if they are taking in all the considerations within the market like volume etc.
MACD seems to be trending up which may indicate a movement is near...no way to tell for certain!
Whats is your thoughts? BULLs BEARs or KANGAROOs?
We continue in short!!! Updates
Well, in H1 timeframe, as you see, that it's a manipulation and so, my order also is activated when it's give us this manipulation by institutionals. But, the price was very short manipulated and it's go back to the sell. Now, this is very important to me because I knowing that the price it's need to leave at the zone to activated my buy order, because if you noticed it. Yesterday we are into the formation of elliot wave analysis ABCDE, and that mean a continue short of the price.
And so, we hope that in H4 timeframe on Sunday the all sell off are very biggest in this par.
And MACD show us a more force bearish than bullish.
EURUSD it's has a show signal of change the trendSo, in this technical analysis. We complete the shoulder what I expect to reach. So, I earn 100 pips and very happy to me to dedicate my technical analysis and help you to how to identify the hide secrets institutionals that do.
Well, in H1 timeframe, we see that we are in the following the theory of Izzi Money. I hope that the price leave at the zone of 0.618% of Fibonacci and there, hope the price action to when I see a hammer inverted bearish or type of bearish candlestick, I put a short position there. Or in the 0.382% as possible to leave it too.
Now, I proyect that th price it's can be to reach at $1.1114 USD, and a possible strong sell and the sentiment of EUR.
But, remember to read all speculate news to see the fundamentals.
And to share, in Daily and H4 timeframe, that represent a RSI and MACD overbuy, and there, a bearish divergence in H4 timeframe, this is very significat for the trend about the US Dollar is worthmuch than EUR and a stabilize of US economy
BTC Downward Price Signals are strong!As you see on the chart the BTC price break the 0.618 Fibonacci level at around 9000 USD. Looking to the MACD I found that the price downward move is not going to be changed in this level and the RSI index proves this as well. So traders keep tight and fasten your seat belt as I told you before for moving toward the next Fibonacci levels on the chart shown in Red Dotted Lines. The Big Rock is in front of us! Good luck guys
Updates for USD/JPYWell, as mentioned, USD/JPY in Daily timeframe,there are a huge opportunity to sell it in the zone of 106 and take as target profit to pick up our earns. MACD and RSI are very significant to continue short
So, in H4 timeframe, we see an another green support at $106.80. But, it's more important that USD/JPY broke down and continue her bearish trading in Daily timeframe. and there, we hope to find down the objective of $106, rememebr following the fundamentals and news for USD, it's more important fo follow and watch up and stay alert in this par.
Updates for EUR/GBPEUR/GBP has continue bullish at the moment and so, the previously technical analysis about the shoulder head shoulder bearish it's was invalided, and so, the new shoulder head shoulder inverted or bullish has valid, and indicators are show that it's a positive for this par. So, I keep my trade and believe that we reach at the 0.8978, this is my target profit, because also, let's me see to recall is that we have resistance line, and there, it's may be a possible movement to short, look!!!
But, I get to run my target profit and closed up manually until the price action show me the contrary of reversion, so, the are a high opportunity to see another side that EUR/GBP it's can be to reach the trend resistance line.
Long in EUR/GBP (Updates):Hello guys, and what's comming up today at night. Well, in htis par, EUR/GBP has a possible entry in long using the MACD and price action, in that case I use Heikin Asshi candlestick to try how it's work, and did you know? This is my first time that I use this candlestick. So, also to mentioned, there are a 75% of probability that this par is up and we need to discart the shoulder head shoulder so what mentioned yersterday in my previously technical analysis. And now, we see that we are in the formation of BAT bearih. And so, there are a nice target profit of 76 pips. But rommorow, I go want to stay alert of what EUR make, because in this week there are a good news for currency called Euro. So, also, we can to break up the resistance line and see a EUR/GBP invevitable a high of 2.618% of Fibonacci, if it's was the root cause, we can to see a possible formation CRAB. So, get success to your analysis!!!.
EUR/GBP it's prepare for a short sentimentIn the H4 timeframe, I hope that EUR/GBP is up the price little until the zone of 0.382% of Fibonacci between today at night and tomorrow early when the session of Asia is open up today, and so, in some hours the Europe session is open up. So, I put a sell order limit at $0.8940. And the SL at the zone of 0.8971. Also, let's me see to recall that we have in the shoulder head shoulder in H4 or D1, and the possible sentiment is bearish and I invest 0.2 lots, because I grew up my DEMO account 34% in 1 months.
So, in Daily we have a nice proyection of $0.8704 a nice short for longer in this par, so, this week I consider that EUR/GBP it's will give us a nice movement in short and also to earn more pips and money, and a possible to extent the target profit and pick up more of +300 pips in this weekly.
Above of the screenshoot, we found up with the H1 timeframe, also, we have a possible movement bull to reach at the 0.8940 that I mentioned again. So, this is all I hope that EUR/GBP give me a movemen long of 40 pips to activated on my operation in short and later see the price drop.
Short postion for long time of BitcoinHello, guys, in Daily timeframe, I believe that Bitcoin want to soon to drop of the price in Daily, there are 4 reason why put hort position in long at the price of $9700 USD, so, in my case from yesterday my short position is $9,686 USD. So, in the Daily, we have a bearish divergence in the RSI, and the price action has advising us a possible drop of the price until the zone of $8,200 USD. So, wow, this is an great opportunity to put in short for lojnger from $9,750 -$9,650 USD until the $8,200 USD. And the target profit is $8,200 USD approximately, but always and when the Bitcoin show us a bearish candlestick, chart pattern validated and use the bearish price action to following in short.
Now, Macd also doesn't have force to continue up, expecially the fourth rejection of the zone of $10,300 USD, this is a liquidation of long, so my trades, i believe that it's a movement what Bitcoin want to change the trend, especially in Daily timeframe, we have in the bearish rising wedge, and so this mark in blue, this is a possible proyection of waht Bitcoin do in the next days.
Well, also, I find up that Bitcoin is the zone of Distributtion, because if you see this indicator Acumulation. Distribution, we see that the force to continue up is ending. So, look below in the H4 timeframe
Short position in Bitcoin as GoldHello guys, in this technical analysis. Bitocin is show weak of the trend, and also, we are into in this chartist pattern
So we have in the bearis rising wedge, and so, this is very short postiion to put into of there.
So, for now, the movement is bearish and also, we have confirmation in two indicators, MACD IS weak the histogram and the RSI too.
WTC/BTC 550% Incoming? LONG, Bullish, Alt-Season? Break of long downward trendline, MACD RSI divergence on the daily & 3D. Have we found the floor? Is Alt-Season finally here? Will WTC do a 5X soon?
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MACD and RSI Divergence on the daily:
SARS-CoV-2 Depression: USA Mean Reversion at Full Moon!We have reached the end of the Ascending Wedge (purple) which began during the middle of the Coronavirus (SARS-CoV-2) Pandemic. US sentiment is largely negative due to civil unrest, political corruption, and a 20% unemployment rate. The RSI indicator notes that the market has become overbought. Similarly, the MACD is giving us a sell signal. Shortly before the market closes, at 3:12 PM on June 5, electromagnetic fields that are associated with the earth's magnetotail will be in full affect due to the Strawberry Moon. Please watch the S&P 500, Nasdaq 100, and US 30!
The #steepening continuesSome thoughts on the S&P/ASX200 (XJO) for any Aussies out there. Looking at the daily chart. 1) Price and RSI trends seem to be intact currently (would take a big fall to break today). 2) MACD working on but has not confirmed a bearish divergence 3) Willy overbought 4) We are about 5% away from the 200sma. I recon this will act like a magnet to pull the XJO higher, but then once we reach it, I recon we'll see some resistance. Could that then turn to support? Only time will tell.