US Oil Looking to Get Rekt at The PCZ of a Bearish Alt BatWe have a Bullish 3 Line Strike at the PCZ of a Bearish Alt-Bat on this Bullish ETF for US Crude Oil and are showing Bearish Divergence after taking out the Price-Action of more than 3 of the previous Bullish Days with one Bearish Day this signals to me that the major Bearish reversal is about to begin.
On a side note the MACD has crossed Bearishly.
Bearishdivergence
Bearish Dragon with Bearish DivergenceWe have bearish Divergence on both the MACD and RSI and are Back Testing a Trendline as new Resistance this looks like it will lead new lows.
Gold Short Term Sell IdeaD1 - Price is currently holding in a key resistance zone.
Potential bearish divergence.
H1 - Bearish divergence.
Until the invalidation level holds my short term view remains bearish here.
If we get a valid breakout below 1850 level we may then consider it as a validation for this short term bearish view.
Bearish divergence on CMA Daily and 4HWeekly (not shown):
Possible bearish divergence coming up. Impulse still green, but is shows prices around 101 were rejected and price closed much lower.
MACD-Histogram still rising, as well as EFI. sRSI declining, although it could cross.
Daily
Bearish divergence on MACD-H, MACD lines, EFI and even Stochastic RSI. Stoch RSI crossed bearish and comes from an overbough condition. Even an ATR channel divergence. Current bar shows an upwick and rejected the to close around the 101$ resistance
4H
Bearish divergence again on ATR lines, MACD-H and MACD lines, and EFI. sRSI is bearish and is declining.
Entry:
At this level, but first we need to see how the weekly opens.
98-99,5
Stop:
102
Target 1: 94,46
Target 2: 92,88
Ford's Rent is DueThe RSI is showing a clear bearish divergence on the RSI. As we see on the daily, there are three lower highs on the RSI combined with higher highs in price action. This is bearish. We also see overextensions on the weekly and monthly RSI. Moving averages have not been catching up which suggests there will at least be a correction to them and they will be tested as support levels. Volume indicates that Ford is going to tank though because there is a high amount of selling pressure at these levels. Even though Ford is green, earnings are around the corner and my guess is that even if there is a beat there will nonetheless be a tank. Any good news has been priced in. Bad news would tank the stock even more. In short, RSI suggests a major downtrend beginning shortly. Volume spikes support this idea. Moving averages also suggest a correction is coming. Ford has failed to overcome a 24.95 price level as well on the shorter timeframes. Let's also remember how overextended the broader market is and how tethered it has become to the indexes doing well. All of the indexes have been recovering a little bit but that does not mean Ford will do well. DYODD. This is only my idea not financial advice.
Also: this is pretty much just TA. I did not look at Ford's financials but I imagine they're not doing great because most car companies are not very good financially. Demand for cars is probably not going to be good. There's too much hype in the auto space and the cost to transition to EVs will be immense. Tesla did not just switch the lights on and neither will Ford.
I anticipate a bounce at a large consolidation level. That is the horizontal line.
EURHUF: Monthly Bearish Divergence 3 Line Strike Double Top This seems like it's set up to give us a Deep Retrace in the Coming Months; For 3 months It tried to make a Higher High and it succeeded only to be Bearishly Rejected by one big Bearish Monthly Candle afterwards.
Upon making this higher high you showed huge amounts of Bearish Divergence on the RSI and you printed a Bullish 3 Line Strike Pattern. Due to this i can only assume we will see much lower prices from here.
BTC rising channel on 4 hourly timeframe As i said before we are in rising channel on the 4h and we got our 3 touch points so my short position got filled at 42.5k.
We are forming massive bearish divergence on 1h timeframe and that is conformation that we are going down in short term.
My profit taiking area is at 40.6k.I dont think we are going below that.
I am in 20x levrage position with stoploss at 43.2k
What do you think about my opinion?
If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
Rising Wedge with Bearish Divergence and Evening Star DojiWe seem to be showing some weakness on the RSI and MACD in the form of Bearish Divergences.
At the same time we are at the supply line of a Rising wedge Visible on the Daily and Higher Timeframes.
We have printed a Dragonfly Doji at the Highs and if we close Bearishly today it will be an Evening Star Doji Confirmation. I'm expecting about a 30%-60% Decline from here.
Get ready to short GBPUSDHello everyone !.
This signal meets all shorting requirements except the "M" pattern that will definitely form once price hits the flipping zone which is also a confluence and price will therefore be touching the trendline for the third consecutive time.
The DXY has been bearish which has been taking the price of GBPUSD to previous highs and once the news for Jolts job openings Is out, DXY will bounce back to it's monthly high and send GBPUSD and subsequent XXXUSD pairs back down.
Once fundamentals come out and supports our analysis,please go all in using proper risk management but we have an incredibly bearish bias on GBPUSD.
Price should head back down to it's 1.34400 region before any more major move !.
4HR Bullish 3 Line Strike on MAPSUSDWe have a Bullish 3 Line Strike Setup on the 4 Hour; This coin has been performing extremely well Bullishly since the crash so I wouldn't put too much on the line here but it's looking setup to give us a Major Bearish Reversal from here so you might find it worth the shot.
We also have 4 hour Bearish Divergence on the RSI so that's nice.
Tech Sector Setting Up for Big Monthly Bearish PullbackWe have a Bearish Engulfing on the Monthly along side with extreme amounts of RSI Bearish Divergence and soon the MACD will be crossing bearishly for the first time since 2018. In the past the monthly bearish crossing has lead to at least a 30% correction back down to the 55 Month SMA.
One last thing to note is that if this Monthly Candle continues down a little further and closes below the open of October 2021, this pattern will be upgraded from just a simple Bearish Engulfing to being a Bullish Three Line Strike visible on the Monthly Timeframe which is a very bearish pattern as One Month would have Erased the gains of the Prior 3 Months and at that point you almost have a Guarantee that the Tech Sector will see a much more Sustained Correction the Downside.
Watch S&P for correction! Downtrend CONFIRMED! S&P posts 2 consecutive five bar periods of new lows and no new highs. This hasn't happened since March 2020 right before the Covid Crash.
What to do : Right now monitor. Downtrend confirmation DOES NOT mean short.
Watch for a consolidation followed by a range expansion below the mode to confirm breakout.
Note: Both these downtrend confirmations brought the index to the most extreme dips below the 50EMA in the almost 4 years
Note: Technically in March 2020 we did not get 2 five bar periods of new lows. We got one clear trend confirmation (Feb 20 2020 - Feb 28 2020) followed shortly by 7 consecutive lower lows (Mar 4 2020 - Mar 12 2020) with the exception of Mar 10 which closed 5 cents above the previous low. This was 2 weeks before the Feds backstop on Mar 23rd 2020.
$PXD at PCZ of Bearish Alt-Bat with Bearish DivergenceWe have Multiple Instances of Bearish Divergence on both the MAC and RSI at the PCZ of a Bearish Alternate Bat and at Price Level Resistance I expect to see a significant Bearish pullback from here.
🌳NEAR is about to fall ( a little Bit)Hello every one
NEAR/USDT
NEAR Is in an Ascending Channel and The Price is now Right at The Top of The Mentioned Channel The Price Shall Fall From Here & we Expect It To Touch The Support Levels Which we Drawn On The Chart. The Middle Line of The Channel Can be a Good Support (MInor Support) There is a Regular Bearish Divergence (-RD) On MACD as Well which Strengthen This Bearish Prediction. There is also a Slight Chance That It Would Fall to It's Major Support as Well. The Price Movement might Be Like what's drawn on The Chart.
🟡What Is NEAR Protocol (NEAR)?
NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”
NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”
Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Daily Head and Shoulders Pattern on the $SPYWe have some Bearish Divergence on the RSI along with what appears to be a Left Shoulder, a Head, and A Potential Right Shoulder if things go as expected we will see at least a 5 percentage move to the downside; though i have reason to believe it can go much lower than that in the long run; today's post will just be focused on the targets of the local bearish pattern presented in front of us on this chart.
$GM: Double Top and Bearish Dragon with Bearish Divergence.Over the last few weeks i have been suspicious of GM's Price Action and have been awaiting a Sign of Weakness at a Local Top. Last week it seems to made a Higher High but showed even more Weakness on the RSI and MACD along with Elevated Volume.
I believe price action is suggested to the chart that GM will come back down to test the trendline and if broken make a deep retrace to atleast test the 0.618 Fibonacci level.
Sorry BTC, but that, is Out of Bounds.==========================================
BTC/USD CoinBase, WEEKLY Chart.
EMA 21 = Orange
Green = SMA 50
Yellow = SMA 100
Green Rectangle = Best case scenario trading range.
Purple = Great value for DCA.
==========================================
BTC appears to have broke it's immediate uptrend and broken below the Weekly EMA 21. There is little chance the bulls close above it, but if they do, they still need to retest the ATH and possibly challenge the previous trend line.
While there is a chance, based on the US Feds wanting to taper faster and sooner, and the US stock market has barely begun to pull back, I doubt it happens.
I give the bullish scenario a 2% chance of happening. If this were the case, I might personally take some profits just around 59,850 - 59,950 range to avoid having to hold for full losses if the super bullish scenario to break the previous all time high fails.
A bit more sensible approach might also include buys at 45,000.00 and 35,000.00. I might leave those open orders with the hope to have them filled, just to hold more BTC in the future.
Everything seems great, but there is one last tidbit... Any break of 28,000.00 would send a retest possibly of 18,000.00 to 20,000.00. If that risk sounds fine, do with this information what you will.
Additional indicators supporting bearish scenario are the Bearish divergences on both the RSI 14 and MACD. The Weekly MACD crossing into red territory. The RSI has not shown a V or any type of recovery, so there is still the oversold scenario and as you can imagine, if it's not oversold yet, how red can it look? Only with time can we be 100% certain.
With that said, None of this is financial advice and I have decided to return to chart purely to challenge myself and improve. I hope to release one update and possibly one trade idea each week going forward. Do with this information what you will.
Good Luck to everyone out there and may your chart moon more than Luna.
AUDNZD Short Term Sell IdeaD1 - Price has reached a key resistance zone.
Bearish divergence.
Until this key resistance zone holds my short term view remains bearish here.
H4 - Currently it looks like the price is moving inside a small range.
Bearish divergence.
If we get a valid breakout below the strong support zone we may then consider it as a validation for the bearish view.