Divegence
AUDUSD DIVERGENCE SETUP.We are using he RSI in relation to price in order to spot possible divergences and here is a pretty. nice setup. Pretty much labelled it out on the chart but I'll explain. We are looking for a break below and close on the shown support level to confirm our divergence setup on the analysis. Using PROPER RISK MANAGEMENT it is possible to hold or scalp smaller moves along the way.
Gold short opportunityeverything is crystal clear on the chart.
Risk of this trade gets lower after the break of the neckline and sl would be above right shoulder.
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I'll be glad to know your opinion in the comments.
This is just a bit of financial advice, do your own research too.
GOLEM - 3D ChartA divergence between price and OBV; increasing volume over the time while price is descending may Golem moves up if it breaks up low trend line in lower highs.
BATBTC on its last legs or is this the beginning of an uptrend!?BATBTC bounced off its weekly support of 2100 sats. A divergence with volume has formed on the daily chart and now an UP signal has appeared today. The Ultimate Trend Analyzer has also turned green and is angling up.
If BTC doesn't do anything crazy, BATBTC will be able to make some good moves in the coming weeks.
-faulkin
USDJPY double combination correctionAnticipating one more wave to the downside.
I was willing for a reversal to upside in my previous analysis, price made a trendy move to upside as expected but it's more looks like WXY correction rather than impulsive move, so it seems that still there is one more wave to downside to complete this complex corrective pattern (look at related idea link).