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Bearish-divergence

Confirmation in my hand: This is bear trapHello guys, in this technical analysis, there are other opportunity to put in short movement in EUR/GBP, But, don't believe of what is your imagination, because this is a pur bear trap to trap all bullish to put in long, so, there will be I identifiy a possible drop of this price, but a nice opportunity to put in short. Also, lets me see that the price action it's spoke us. Well, I identify a double top and RSI is losses force to continue up, so the % to will going to bullish than bearish is 30% of probability to put in long than 70% of probability to pun in short movements. So, this is my technical analysis in H4, also, did you remember of the previously hours that I reccomend to closed up your position, well my prediciton it's was ok, but also, we found up a other confirmaiton to respald a bullish or bearish sentiment, because, price action never lying us. So, the sentiment os bullish is false, the bearish scenario as I knowed is here.\ Also, I add my link to related ideas that I respald my analsyis before to make do this analysis. so good luck of your opperation!!!
Short
by harisonhbn9718
2
Greatest Divergence of All TimeS&P 500 broke 3,000 and 200 day moving average. All things aside, without any secondary technical indicators and bad news, it does look like a bull case. However, with Coronavirus around, historical high jobless rate, bad economy, protest turned riot, MACD divergence, trade war tension, one has to wonder how far this rebound can go on. Fed has created a stock market bubble and the greatest income inequality of all time through its near 0 interest rate and QE Program. Not to mention ECB and BOJ. When that many people are out of jobs, they have less to lose and the riot situation may turn for the worse, making re-opening of the economy difficult and higher chances of a Wave 2 Infection. Probably one should pull out the financial reports of market leaders and also see their sky high valuation. The market is predicting a V-shaped recovery but in reality, it is just out of sync with the entire situation and has created the greatest divergence of all time. If history is of any guide, when the market turn lower, it could potentially penetrate the March 2020 low as many who do not have to conviction to buy the current bear market rally will be simultaneously hitting the sell button. While I do not advise heavy shorting against an uptrend, shorting based on short term weakness (for instance below 20 day moving average) or close the the all time high may be a better bet.
TVC:SPXShort
by phantom_market
7
Witnessing a bubble created by people's unrealistic expectationsA lot of inexperienced newbie investors are piling up the market yet the reality of the economic atmosphere is not robust at all. A lot of companies are filing for bankruptcy, consumption, production, and employment are extremely low (and not expected to recover fast). As small, inexperienced investors are rushing into the market, the big institutions are more aware and cautious of what is happening at the moment. The prices are at an unsustainable level and we are living a bubble that is created by people's unrealistic positive expectations. ***** Billionaire investor Stanley Druckenmiller says the stock market's risk-reward is the worst he's ever seen — and downplays the Fed's ability to rescue the economy He also worries that a V-shaped recovery from the coronavirus pandemic is "a fantasy." markets.businessinsider.com ***** Young investors pile into stocks, seeing ‘generational-buying moment’ instead of risk The major online brokers — Charles Schwab, TD Ameritrade, Etrade and Robinhood — saw new accounts grow as much as 170% in the first quarter, when stocks experienced the fastest bear market and the worst first quarter in history. “Traders here are ‘buying the dip’ in a lot of names with questionable fundamentals now, i.e. airlines, highly volatile stocks, low in recent price momentum, and ones with that have recently (in the last 3 months) had lottery ticket like upside payoffs occur,” added Krause. “Robinhood investors are making all the classic mistakes in the short term. May work for today’s market, but not in the long-run if repeated.” www.cnbc.com ***** Besides what's mentioned above additional factors like the possibility for a second wave of infections, U.S.–China tensions, and many more are currently being bypassed by the market.
SP:SPXShort
by krisu619
3
AUD/CAD has prepare to a short position in DailyHello guys and good morning. In this technican analyisis very interesting we are a possible to put in short in Daily or H4, firstly I want to show anything to take in watching: In H4 there are a not volume of the price movement, it's mean that the price can be to drop and has in the bulish rising wedge see in H4 or H1 timeframe So, in Daily timeframe we are a plain to putting a decesion, so in this case the price has toch the 2.618 of Fibonacci, and so, this is a signal to put in short and the moment. Because if i Mark a Fibonacci in daily, we are in the BAT armonic pattern and this show when we find out a BAT, the movement ofr price it's the contrary of we are see, so in this case is bearish and a strong sell in this case. Now, if we see in weekly timeframe we are in the Shoulder Head Shoulder inverted in this timeframe, as a possible to a target profit of 200 pips approximattely to keep the position for some days until to complete. So, this is a nice technical analysisi to consider and put in short. Also, as a referrence, I find out a bearish divergence in RSI and MACD, and also in the price action, so this is an indication what the price doens't have force to continue.
Short
by harisonhbn9718
$BTCUSD Price is Too High IMO- Technical Anal. Into the HalvingThere is a lot of excitement about COINBASE:BTCUSD as the halving is now less than 7 days and 1,000 blocks away! However, I'm still looking at one more price dump that needs to happen. There is a bearish divergence occurring with LH on the RSI and HH on the price. You can see it happening twice on the price chart as the RSI continues to make LH and LL and price has two patterns of HH and HL. For some reason the Bulls have really been successful in keeping the daily RSI in the overbought range >70 since Friday, and preventing a correction after that big plump. At the start of Monday the RSI actually dipped below 70 and it looked like the price was going to dump. (Went to about ~$8500) But it did not close below 70 and now has since been making a "step down" patter on the RSI (as you can see on the chart). I really think these price "pumps" we are seeing these past few days are not "natural growth" as they say. If you look at the history of the RSI it has never stayed in the overbought region as long as is now. The BB is starting to consolidate and the candlesticks do not appear to be breaking out of the BB. The $BTCUSD weekly RSI also showed RSI 70 resistance and is now moving down/sideways as well. So I'm waiting for a dump until the RSI can correct comfortably below the 70, as we see bullish patterns again on the RSI. My guess is we are going to test the ~$7900 Support as this is the current 100 & 200 day SMA. The question is will this happen before or after the halving? Historically there is a dump following the halving so maybe $BTC will stay overbought until after the halving. My previous thinking was that we would see a correction dump, followed by a bull rally leading up to the halving and a dump right after. But now I think it could be either way. **Very new to this, I would appreciate any constructive criticism and alternate viewpoints**
COINBASE:BTCUSDShort
by jdm69
Regular DivergenceRegular Divergence signifies either a correction to the trend or after further confirmation, a complete reversal of the trend. Regular Divergence is identified by comparing price action (PA) to the Relative strength index indicator (RSI). Regular Bearish Divergence (RbD) occurs when price action forms a higher high (HH) but the RSI indicator forms a lower high (LH). RbD is confirmed by the candle close below the previous candle low. BASIC The entry price is taken from the candle close. The stop loss price is taken from the candle high. The target is set at 1-2RR. The trade is closed at the target price. ADVANCED 50% of the position is closed at target. The stop loss price is moved to the entry price. The Long hedge position is the size of the initial short position. The hedge entry price is taken from the candle close. The stop loss price is taken from the previous swing low. The target is set at 1-2RR. 50% of the position is closed at target. The stop loss price is moved to the entry price.
Education
by Cryptsyxalt
Look here potential +100 pip tradeCurrent situation We have a few confluence factors for a move to the downside. Right now this pair is in a very interesting situation. We can see an inverted head and shoulders formation (It is also called a "W" formation). After this formation, it is normal to see a push to the downside especially when we are at a structural level. COT reports On AUD we can clearly see a decrease in short position (10809 shorts were closed) while the EUR was getting stronger. On the other hand, we have the EUR and it was getting pretty strong. While the EUR was getting stronger the hedge funds added another 13239 shorts (To EUR) which can be another indication for a push to the downside. Bearish divergence on the weekly We all know that divergence is not something you should use by itself. You always have to combine it with other things which I am doing here. In my opinion, divergence works very well on the 240 min, daily and weekly timeframes. The point: We can spot bearish divergence on the weekly which is another sign for a push to the downside. !Trading on your own risk. I am not giving financial advice I am only showing the way that I am trading!
Short
by Mete_forex
1