As new indicator i am testing, let see if this 15m chart hidden bera div is going to play "SCALP"
TRUMP IMPEACHMENT IS GOING TO MAKE THIS BABY DROP
Look at the pink line and you can see that is is hitting resistance and going to drop from this point one so here we goo girls and boys !!
Divergences are a powerful way to identify trend movements/ reversal points alongside other indicators The chart of XETR:DAX shows a scenario in the recent past where we got a great bullish divergence where price made a lower low, not confirmed by RSI and in hindsight, would have been a great entry point Also, from where we are, there is a bearish divergence,...
suspected 2-3 red candle from 2hour time frame (up to 13:00) candle
One big push early this morning then a drop has happened. Stated this on a zoom yesterday that a possible pump and drop could be possible as we do look weak. Now with the bears appearing it looks set to go back down
Welcome back boys and girls, Today, we will be taking a quick look at SPX and how I expect it to behave over the next weeks/months. As you can clearly see, we do have a slow rising wedge, which was recently re-confirmed again after the most recent decline. A rising wedge is a very simple and clear structure, we want to see bearish signs within it, to be sure...
Hello Guys Finally decision day has come, count down start and peoples are waiting what ll happen 2D chart is showing bearish divergence and also we are now in descending triangle and we are looking HS pattern on 1D, 2D and 3D charts. Most probably chances that ll go down around 8500$. So better that we will wait for breakout upside or downside.
We have potential reversal (Bearish divergence) in the all ords. Just as we enter the reporting season. (Financials + Materials make up close to 50% of index) Materials have already turned bearish and with banks to report soon for the first time since the royal commission findings it looks like we are headed lower. I'm thinking we might have better opportunities...
Hello, I'd like to share couple of thoughts with you. At the moment it seems to me that I see two signs of changing ETHUSD behaviour to down-trend: 1. Bearish divergence (which is considered by Alexander Elder the most strong signal in technical analysis) - please look at "a" on the chart attached); 2. The up-thrust accompanied by high volume (please look at...
1. Broadening rising wedge <> 2. Bearish divergence on RIS <> 3. Overheated NVT indicator <> 4. Huge resistance at 10-11k price levels <> Next station after 10k is $6400. Thanks me later, bears.
Gold is making an ascending broadening wedge pattern and a bearish divergence is forming on the stochastic. Price will move bearish. But right now it is retracing to 61.8 upwards then it will fall hard! Prepare to sell at 1337 - 1338 area.
Gold ventas! 40v/s 90 y 145 pips! Reentrada/ Oro se mantiene en nuestro triángulo, me respeta con una clara divergencia cambiando de dirección. Figura de cambio y continuación respaldado por una Convergencia en el MACD. Confluencia Fibonacci.
USDSEK (4 hour) we have a false break with bearish divergence , if we get weak pullbacks I expect more downside.