USDCAD - Bearish divergenceJust hit a resistance zone so expecting bearish movement. The double top gives this move confluence
Bearish-divergence
8/29/2016 WTI Oil Short - Fib levels and candle analysisHello everyone. Been a while since I traded again. I've been holding back since Brexit and trying to avoid trading with the US elections going on but started looking at charts again last week. Today I am entering short on WTI Crude Oil. I have entered at the current price of 46.94$ with a stop loss of 50$. Please use your own judgment if you trade in agreement for your entry and limits.
As shown we have a traditional candle pattern of an Evening Star within the last 5 days. On top of this formation we have what may be a double top while coming down from a 76.4 Fibonacci replacement and sitting on the support of the 61.8 level waiting to break under. Not only do we have both of these going on, there is also bearish divergence in Williams %R and Stochastic Oscillator, depending on your settings for them. My stochastic is set to be the same as Williams %R on default settings. I didn't mark it on my chart but you can also see a very large volume for the week on the day of the doji candle.
Bearish Bat Pattern (Completed) USDJPYHello traders,
We completed a bearish Bat pattern on this pair @ 105.89
Price currently lies at around 106.17s
This provides a great opportunity to go short on this pair. This pair has been in a down trend. We have completed at an area of support turned resistance and have also put in some bearish divergence.
Target 1@ 103.21
Target 2 @ 101.54
SL @ 107.93
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Best to short USDJPYDeep crab formed and Stoch showing clear diversion, best to short to earn quick pips.
USDCHF Gartley Pattern ShortHello Traders ,
We are currently very close to completing a Gartley pattern that completes @ 0.9794
This is in an area of previous resistance. We have an ab=cd move completing in this area and also bearish divergence on our RSI.
Target 1@ 0.9774
Target 2@ 0.9761
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NZD GARTLEY FORMATIONGreat oppurtunity with a 1.5 R:R , maket just hit the weekly structure high and RSI is showing a bearish divergence so there is a high chance pattern will complete and the order will be filled. Stay tuned
D Leg Completion @ 0.704
Stops at @ 0.697
Target 1 @ 0.713
Bearish DivergenceBearish Divergence on H1 -
RSI @ Overbought in H1/H4
Downtrendline Resistance right in front
Trying to short with small stop (10305)
Target EMA50 (10159)
Short EOD trade on Brent Crude at the $50 psychological levelPlease see annotated chart for details.
Bearish divergence short trade on Nymex CrudePlease see annotated chart.
entry - 43.00
stop loss - 45.00
target - 40
Reward:Risk = 2.5
XAGUSD silver bearish divergence RSI and bearish cypher on dailyXAGUSD silver bearish divergence RSI and bearish cypher on daily
might go down to trendline and reach 15.0 area
