Bearishconvergence
UK100 Short Term Sell IdeaD1 - Bearish convergence followed by a pullback,
Bearish hidden divergence.
Price is bouncing lower from a strong resistance zone.
No opposite signs.
H4 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
JP Morgan HnS Dragon with Bearish ConvergenceJPM after Bearishly Engulfing on the Monthly has formed a bit of a Head and Shoulders pattern while at the sametime forming a Bearish Dragon with some MACD Bearish Convergence as the RSI enters the Bearish Control Zone if price continues to do what it's doing i could see JPM making a full 0.886 Retrace.
NASDAQ - Looking To Sell Pullbacks In The Short TermH4 - Price is bouncing lower from a key resistance zone.
Bearish divergence.
Most recent uptrend line breakout.
H1 - Bearish convergence.
Currently it looks like a pullback is happening.
Until the key resistance zone holds I expect the price to move lower further after pullbacks.
EURCAD Short Term Sell IdeaH4 - Bearish convergence.
Uptrend line breakout.
Currently it looks like a correction is happening.
H1 - Bearish trend pattern.
Until the two strong resistance zones hold my short term view remains bearish here.
A valid breakout below the most recent uptrend line would be the validation for this bearish view.
AUDCAD - Looking To Sell Pullbacks In The Short TermD1 - Continuing bearish divergence.
Currently it looks like a correction is happening.
Price still has room lower towards the key support zone.
H4 - Bearish convergence.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks towards the key support zone.