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Bearish-divergence

Emini Elliott Wave Possibilities. Right now the Price Action is hitting many markers for an impulse move from the High. All of the notes are for the bearish impulse down, but time is running out for this sideways Wave 4 move, its getting a bit big in relation to the Wave 2. A break above 4478 would have me a bit suspicious if it is still a valid impulse, though 4572 is the official invalidation. Indicators are pointing towards a possibility of more down as well. A price drop below the current low with divergance on the indicators, would lend toward the possibility of a completed impulse and a move up. MO
CME_MINI:ES1!Short
by CryptoKnee
BitcoinI know what you're thinking, Natalie it's never going to happen. But Haven't we been doing this long enough to say it CAN'T happen? Remember the good ole days when we used to talk about how uncorrupted bitcoin is? How it was the currency of the future? We now have sponsorships the Arena, sports clothing, it's in the banks, a Nation has adopted it as currency. So by now it's corrupted just enough to treat like the other markets we have, forex, stocks, housing. I can make a case for bitcoin to go in either direction, and a small part of me feels like it could still see 600 in a flash crash, because gaps fill, wicks fill eventually. If we do drop, that just provides a better buying opportunity for us. I'm interested in hearing about your idea, what do you feel will happen? I did do this on the monthly but I have no time frame for how everything would play out, it's just how I see it happening.
OANDA:BTCUSD
by SSJNat
1
Btc Bear scenerioBTC trending downwards showing bearish price divergence and with rsi and mac d trending up on shorter time frames but price actions not following suit insinuating weakness in the market for the short term we would infer that a abc correction on the completion of the 5 wave is ahead of us. major point of support lies at the 62.8 fib level as well as a price action support line. everything lines up to wear mac d will not cross over to the negative on the daily adn rsi will go to a comfortable point on the daily.
Short
by tpaliotte17
HIG Hartford Bearish divergence Weekly and DailyWeekly: After an upwick tail, we now have a bearish divergence on MACD lines, MACD-Histogram as wel as EFI. There is even a ATR channel divergence. Stochastic RSI coming from an oversold condition and now bearish, moving in the reference area. Daily; A list of bearish divergences, supporting the idea on the higher TF. Currently, daily candle went up and closes lower, showing as well that the direction is going down. EFI close to the 0 level and possibly going through it. If this trend breaks we could see it moving down to the -2 ATR level, and possibly after a pull up, a next leg down, forming a lower low, which would be the second target. Entry: around 73,5 (on intraday TF, I entered at market open, when it ticked up) SL, 76.2 Target 1: 70.02 Target 2: 66.7 Target 1 might be conservative, I'll see how it moves then, to see if I take 1/3 or 1/2 of the table. R/R ratio: 1:2 & 1: 3.5
NYSE:HIGShort
by Tornado_Trading
Us100 Could see 5% more downside Hey all, So today I have bought some PUT Warrants against the US100, After this strong week of gains it seems to be topping if you go down to the 1 Hour timeframe you will see a big divergence indicating a top is coming. This daily chart shows you my target which is just a strong trendline that's been active for over a year now and every time so far we have had a correction that hit it we had a strong bounce then another sell off back to the line before resuming the uptrend. There are many market factors that could be the reason to why this will happen this time ( Inflation fears, Bad earnings, China economy) but with how strong we have been bulling into earnings for example Tesla I wouldn't be surprised if its a Buy the Rumor Sell the Fact Scenario that starts us off. Only chart that makes me nervous is Apple earnings still are a week away and could bull some more dragging the US100 up so I'll be watching that.
UShort
by jackwheeler