Steel Stocks have Run a lot and now its time to halt the rally. Big Bearish RSI Divergence on daily chart will do it for us. One should look to take profit at these levels. My targets are 585-590. Invalidation is daily close above 730.
Looking at macro view of BLX. Am I crazy here? Can someone explain why this isn't bearish on a large scale to me? I'm bullish on BTC in long term, but this has got me scratching my head...
This is what I'm thinking. Divergence has me leaning towards downside but has also been getting me screwed lately...but maybe it's finally time for downside? What do you think?
This is only a short term idea. There is a death cross on the 1 hr chart. 4 hr chart showing us some hidden bearish divergence. Daily chart is struggling to climb above the 200 day moving average. Weekly chart could find support around .25c within this weekly candle. That would set us up for a huge bullish move as early as next week, with Stochastic RSI set...
4hr chart. Bearish divergence on the RIS for Woolworths Limited. (ASX) Nudging long term resistance levels where it has fallen back to AU$35 several times in the past with similar divergence going on. Could be a buying opportunity for those after a blue chip stock in the not too distant future. Hope it helps. Have a great year and thank you for looking at my...
Twitter on the daily has been looking questionable recently with 2 daily spinning tops in a row while quietly going down. You're also showing an argument for Bearish Divergence on the weekly MACD and RSI with very weak looking price action: I expect a 78.6% retrace out of this.
You see 3 different signals from MACD and RSI What do you think will happen?
Bitcoin shows 2 signs of a correction coming on. 1) Bearish Divergence, the Relative Strength Index has shown a decreasing buying pressure as the price has skyrocketed. This points to Bitcoin having a Cool off period. 2) A rising wedge pattern, at which BTC will drop out of the bottom of at some point. Just a heads up. Target price if this breaks...
Bearish RSI popping up on 15m, expecting small retrace
GME is at the 1.13 PCZ of a long term bearish shark showing bearish divergence on both indicators near a support resistance zone have targets shaded on the chart.
So last time the bearish divergence didn't play out, so will this time the divergence give us a pullback? Look at the RSI to spot the div. MACD crossed also. I think, yes and I wait for the area around the golden ratio. Look at the chart to see where I see a possible bounce after the pullback.
FII keeps the market up. even you can check last two moths data of FII. pumping (inflow) of money keep the market up for short time. once they pump our, the market will fell like anything. mostly bearish divergence shown in all time frame. may be after the earing report market can crash. from my analysis, I'm sure next two week candle close in red
CHF/JPY failed to beat it's summer high of 117.7, leading to a massive decline in value. Not only did the resistance hold strong, the RSI showed bearish divergence as well, making the decline even more powerful. Combine all of this with the terrible Brexit news, and we can expect a strong decline of CHF in the nearby future. Im considering Support 1 and...
MONSTER BEARISH DIVERGENCE - Bitcoin will retrace soon - 15800$ Target
I predict December become the best market crash. USD going HIGHER all STOCKS and CRYPTO will be END!
AUD/CAD didn't manage to break through the resistance. it's reversal was accompanied by bearish divergence in the RSI, signalling a strong bearish move down. Consider exiting your position around the green marked area, since its close to the trend line.
A potential head and shoulders is forming on the 4Hourly time frame. If neckline is broken , the target is 15K Also, a brearish divergence on all larger time frames
I see bearishness: + all high time frames with a bearish divergence + we seem to be forming a rising wedge