Rsidivergence
USD/CAD - Possible LONG entry for a bounce or bullish breakout.Looking for a bounce at this very heavy support, also a bullish divergence on 4H.
1st target will be a little bit after CAM R4.
If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.
DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.
Good luck to everyone!
#QLC Adam & Eve bottomQLC Chain have here a perfect setup for 8 - 20% potential on 1h TF
- Adam & Eve bottom
- Bullish Pennant
- Hidden Bullish Divergence Inside Bullish Pennant
QLC is consolidating above 0.5 channel of pitchfork inside a pennant, flirting with 0.382 fibo and eager to go up with all this structures.
Possible Downtrend Continuation (Retest)We have the following factors:
H1 Rising Wedge (blue lines) + RSI Divergence
Good Price Reversal Zone
61.8 Fib Retracement
Wait for:
+ Clear PA confirmation in between the green dotted lines
+ Uptrend breakout
*otherwise I wouldn't advice taking this trade
Comments and Questions are Welcome!
Cheers!
GBPJPY STRONG SUPPORT CHANNEL AND HIDDEN DIVERGENCE Strong support channel from last 15+ days , tested multiple time now price came and stopped and consolidating on strong support channel, i can also see hidden strong divergence on same support channel which is tested for the 5th time and past 15+ day
BCHSV UptrendHi friends! Welcome to Poop's Wyckoff Analysis on $BCHSV.
BCHSV is showing signs of a textbook Wyckoff Reaccumulation.
What we have seen so far?
-There was a pause on a prior uptrend. The prior uptrend was backed by strong volume.
-There was a case build for a new uptrend, a 6 weeks of consolidation within the re-accumulation trading range.
-RSI divergence supports this observation.
The bullish trend is about to resume.
The projected move is around 90% from its current price level.
That's it friends, I looking forward for your comments on this .
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Wychoff Poop Trader
ADA Elliott Wave analysisADA has currently completed 5 subwaves of the third wave. The RSI is displaying bearish divergence, where the price goes higher, but the RSI does not. This could indicate that ADA is losing strength even though the price is increasing. This is further supported by the declining volume and rising wedge pattern, which show that the amount of buyers are decreasing. Possible shorts could target the 0.382 fib regions.
A drop in price in wave 4 can also provide an opportunity to load up on longs for the fifth wave. The 0.682 to 0.5 fib region is strong support as it is just above the previous high. Elliott Wave rules dictate that wave 4 cannot retrace past wave 1, except by a wick in leveraged markets.
On the bigger picture ADA is almost complete a larger scale fifth wave. Besides a fifth wave extension, which could very well happen if Bitcoin surges, ADA will soon make a larger correction after a short term rally, possibly dropping 20% from its local high.
Trade Ideas Analysis: Gold Double TopGold Double Top(H1 Chart) at the Major Resistance Area of the Daily Chart, signal a great opportunity of a shorting opportunity(Counter Trend)
I've already engaged the trade and the exact Entry, Stops and Targets are posted to my subscriber.
I work endlessly to spot great trading opportunities and that's how we produced a total of 2,333pips of net profit just in the month of October 2018.
So, what are you waiting for?
Trading is a lonely business, join our community and we do see that we will have more trade ideas for you very very soon.
forex100academy.com
USDJPY-Weekly Market Analysis-Jan19,Wk1On the Daily Chart(right), the market has fallen straight into the buy zone and beyond the D completion but within X, that will give a better Reward:Risk.
However, on the left(4-hourly chart), the market has formed a new sell zone and that can be a warning signal for bullish traders to look out for. Perhaps a consideration of shifting stops to entry might be a great idea if an indecision candle has appeared within the sell zone.
If you do not wish to miss any more trade ideas, just subscribe to us and please do check out Oct 2018 results that it has given a total of 2,333pips of net profit in a single month.
forex100academy.com