DXY Set Up For A Mild CorrectionWe have a Three Line Strike visible on the Daily with some Bearish Divergence and if it goes down from here and below the B point we will be set up for a Bat Action Magnet Move that could take us to the 0.886-1.13 PCZ.
On a side note here i believe the Japanese Yen will be responsible for most of the DXY's decline so i will be expecting the Yen to gain value against many currencies during this decline in the DXY
Bearishdivergence
WAVES short One of the biggest gainers in the past month. 320% in 25 days.
Inside a rising wedge 5 waves should be followed by ABC. Daily RSI in overbought and in bearish divergence.
TP1: ~24.5$
TP2: ~21.4$
TP3: ~19$
SL: 35$
It could go higher and touch the upper resistance of the wedge. That will result in a 4H bearish divergence.
Very good risk reward ration.
SPY Continued Downside - Hidden DivergenceChart Even t: Bearish Divergences on multiple timeframes. Rising wedge pattern on 65m and lower timeframes.
Confluence : Bearish Divergence on 65m timeframe. Hidden Bearish Divergence on daily timeframe. Rising Wedge pattern (bearish) on 65m and lower timeframes. MACD very wide. Volume decreasing. Death Cross moving average event occurred a few days ago. Price action is nearing old resistance levels along with the 61.8% Fibonacci Retracement level. RSI overbought on 65m timeframe.
Trade Idea : Put Swings
Contract Suggestions (depending on Monday's open) :
Best: 4/8/22 450P
Riskier 4/6/22 450P
Riskiest 4/1/22 450P
I will likely buy both the 4/8 and the 4/1 contracts, heavily weighted to the 4/8 contracts to allow this time for this move to play out.
Ascending Broadening Wedge Visible on Weekly Time FrameWe gave Double Bearish Divergence on the RSI and are at the Supply Line of this Weekly Ascending Broadening Wedge. We are however very near 100 an di wouldn't be surprised if it just came to visit the area's of 100 before coming down but at this point in the chart would be a nice place to take profit or take a shot a being Bearish.
As of right now the put options are very expensive for this stock most of the puts are trading at about 3-5 times the price of the calls for the same strike so we will have to wait for those puts premiums to go down but if they ever do it will be a nice entry.
Waves/usdt - ShortWAVES/USDT - SHORT
Hello everyone, there is a bearish divergence in this chart.
The first target is 24.5$ the second target is 21.5$
T-Mobile | TMUS | Short to Fill the Gap BelowT-Mobile ( NASDAQ:TMUS ) popped after its most recent earnings release. The gap below looms before the March 2022 Fed meeting and OpEx week. Based on its inability to break through resistance, the slight bearish divergence, and the weakening momentum, I expect the gap below ($110.50 = $116.91) to be filled in the coming days/weeks.
Be carful with your long positions !!!!Massive bearish divergence across the market since yesterday that BITCOIN rallied towards the $45k.
(RSI and VOLUME DIVERGENCE)
Volume is not supporting this move up anymore, and you don't want to hold your position on the weak side.
Meanwhile, we have 2 FVGs below, which we may fill them soon.
I am looking at H4 demand for any long setup to develop.
* shorting this into the demand with the invalidation above the yearly open has a decent R/R
stay tuned and follow my om tradingview if you want to get notified whenever I open a long position
TKN | possible breakout but upside limited bearish divergencePrice Action and chart pattern trading - possible breakout but upside limited
> Testing the upper limit of uptrend parallel channel and key resistance of volume profile
Indicator
> Bearish divergence signal: Fundflow, BBD, and KDJ Stochastic
> Strong volume support with smart money and banker chip of this wave
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.
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.