Last week the dollar finally traded in line with fundamentals again, with the Dollar Index gaining four out of five days. There had been a strong bearish sentiment surrounding the dollar for the last couple of weeks, helped by key data points coming out unfavourably and when a currency is fundamentally bullish, but sentiment-wise bearish, the result is choppy...
How to apply the Oscillator Divergence Indicator by JDLim to your favourite oscillator.
1. Like the script "Oscillator Divergences by JDLim"
2. Add your favorite oscillator to your chart.
3. Apply the "Oscillator Divergences by JDLim" to that indicator.
4. Confirm the correct input source is selected.
5. Trade well and donate if you become successful :)
Link to indicator
I accept every kind of criticism. If you have any perception please share with me down in the comment section, or in private.
My analysis is not an investment advice, it is just my observation about the present state.
Im in GMT+2
In this analysis i will talk about the XRPUSDT in 4h Time frame( I only talk about the things that can be explicitly see from my...
Price testing key structure area, double top formation with RSI divergence on both 1hr and 2hr charts. Taking an aggressive entry on the close of current candle if candle formation suits my entry reason.
GBPCAD was able to reclaim support level so we can expect higher prices.
We can also see a bullish divergence on both daily and H4 TF.
This should be a decent trade base of simple S/R levels with some extra added confluence.
Note: I am sharing this work to answer back the requests / PMs.
Mostly Used Technical Indicators, Technical Readings :
I just use some of them. ( A few only )
Time: Pre Asia
This is just a technical summary of the said pair/instrument on the mentioned chart timeframe.
Please note that the fundamentals and Economic Calendar Data Flow may have...
Yu know the drill...
Green BOX = 1-2 BUY Orders
Aqua = 1 Large BUY Order
Stop Loss = Below Red
Target Price(s) Green (dotted) Line | Purple Line | Maroon Line
Reason for trade:
RSI Div. 15M & 1Hr + EW Count + bitcoin Price going down
FX:USDZAR Formed a bearish cypher, with a RSI divergence on X and D point, it has in the PRZ also abcd pattern level. It could reach as first target 38.2 fibonacci retracement level and as second target the 61.8 level
#BTC Update - A correction in place. As we shared on CryptoCue chat, every time BTC had these 3d bearish div with a touch on the 90 RSI, the price dropped nearly 40%, if it drops 40% in this case, 5k4 would be the bottom. The smart move would be to stay out of the market until further...
Hi all, thanks for viewing.
BTC has been on a massive run. I took part in a small part of it, but sold waaay too early. Oh well.
So instead I have been watching for bearish signals. Despite recent bullishness, the bear market cannot yet be said to be over just yet. If you see my previous posts about ETH and BTC on how to confirm the end of the bear market, 2 out...
1. RSI Bullish divergence at 1W chart.
2. Similar MACD-pattern as before pump in December 2018. Close to MACD-cross.
3. HARDFORK: Big news coming for SYS with SYS 4.0 hard fork.
4. Whiteblock tested the TPS of SYS. They also tested EOS. SYS is faster. Find info about it on Google.