according to 15M chart chk this out perfect Bear Divergence
Will be watching closely over the next few days. If that bearish engulfing is confirmed with a print below 3.01, I will likely short. Indicators are flashing overbought, divergences in RSI and MACD. Will update if trade fires and I can find shares to short. :P
Hello 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...
TF: 4 I was looking to short this pair last week; however, price moved high quickly and dropped shortly after making a H and S pattern. Currently the right shoulder could be in the process of being completed. I am looking to short and entered in as shown on the chart. Bearish divergence can also be seen on the RSI. I am expecting a large move down.
S&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...
A 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...
Hello Traders, Bearish divergence on the RSI daily time frame. Extremely sharp ascending wedge formation. Technical analysis is suggesting a breakout to the downside. First major support zone can be found around 1680 which will be my target if we see a break to the downside. Any thought or comments let me know,
Apparent Bearish Divergence, pick your indicator. Volume also not supporting the price level. It should be looking for a pullback soon to the 157 level. More downside if the level breaks.
this idea follows a descending channel. and on the weekly time-frame as well as RSI divergence on the daily time-frame. We can also see previous resistance at this price (highlighted in yellow).
Hello 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...
BTC down to 5400$ (bearish divergence)
There 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...
Ethereum - ETHUSD Potential Bearish Movement we are waiting for a momentum candle close below 185.0 to sell this one Reason: 1- Regular Bearish Divergence on MACD (in red) 2- Objective Trendline (in blue) 4- Supply / Round number in purple 200.0 (in purple) Three confluences are enough to consider Selling ETHUSD, after a break below 185.0 (in gray) **...
This one had a decent run already tons are bullish on this when im seeing a clear bearish exhaustion at a key resistance of the 1.618 @ 444 area. This was fibbed off daily candle body close. 4hr showing some steep divergence with macd cross as well. Macro market could be turning down as well. just my thoughts and opinion
I think gold is going down below 1700 next week. Looks like bearish divergence on the hour chart, plus lower highs, lower lows and a doubletop. On top of that the end of the month sell off and May is typically not a good month for gold. Fundamentals are confusing the technicals so I'm sitting on the sidelines next week or at most scalping. Good luck!
Good morning traders We have a shorting possibility for the eurusd that has arised. Go with the flow of the smart money ;) As always, keep the risk managed! Cheers :D
Gold has been pushing up and up and up...….. BUT I feel it will finally at least have a retracement xD…...there are 2 levels ive marked take your trades carefully.....
I see bearish divergence and a rising wedge in front of me right now. I am waiting for a 0.618 retrace to put my capital to work for the next year. QE to Infiniteeeeeeee