Get started

Divergence

Grasim Industries will go UPWARDS due to Positive Divergence POSITIVE DIVERGENCE - A hidden bullish divergence or positive divergence has formed on the daily chart indicating strong upwards movement coming soon REVERSAL FROM 200D & 50D SMA ("DAILY" CHART) - Price has also recently tested two sma including testing one 50D twice indicating strong support for move upwards VOLUME SURGE - Volume has surged on the daily chart on the day of writing this article REVERSAL FROM 200D & 50D SMA ("WEEKLY" CHART) - Price has also consolidated around these two sma from JAN to MAR (2 months) before moving upwards again indicating very strong support level formed
NSE:GRASIMLong
by peace_lover
SPY- Bearish Megaphone - UpdatePosting another quick update here on the SPY as it closed last week sitting on its 50-day SMA, after the 50-day SMA crossed below the 100-day SMA, while simultaneously rejecting the .50 FIB level. The SPY is holding yet another bearish megaphone as buyers and sellers continue to fight, accompanied by some slight bearish divergence on the RSI. Just some key FIB levels to keep an eye on in the interim, along with some RSI-based supply and demand zones, staying hedged. --Previous Charts Attached In Description --
AMEX:SPYShort
by jacobosiason7
JBL- on the reboundFrom mid July till now, SPX and NQ had been undergoing corrections resulting in lower highs (LH) and lower lows (LL). Although there is a chance the correction in SPX could be over, we can never be sure until it manages a higher high (HH) at least. JBL on the other hand, has demonstrated good relative strength to the market, eking out higher highs (HH) and higher lows (HL) despite the broader market correction. This type of stock has a higher odd to out perform the market for the longer run. It appears to be finding support at the 61.8% fib retracement of its recent AB upswing, supported by a bullish divergence between it's price and RSI. Going long with an initial stop about $1 below its recent pivot low @ C ($119). Trail stops up when trade is working out. Disclaimer: This is just my own analysis and opinion for discussion and is NOT a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management (ie trailing stop loss and position sizing) is (probably the most) important! Take care and Good Luck!
NYSE:JBLLong
by Juliac
CRWD - Ready to bounce?CRWD - Ready to bounce? Despite the steep decline in the general market that started in mid July, CRWD was actually trending higher, showing good relative strength. In fact,it is still trading above its 50 day MA while both SPX and NQ is now well below this MA. There are a few signs that CRWD could be ready to bounce from it's recent correction that started on 19th Oct: 1. Bullish divergence between price and RSI on its daily chart 2. An Inside bar last Friday that could signal the near term correction could be ending I will long as soon as it crosses above last Friday's candle (inside bar) high @ 175.70 with an initial stop loss about $1 below its recent low @ $170. Disclaimer: This is just my own analysis and opinion for discussion and is NOT a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management (ie trailing stop loss and position sizing) is (probably the most) important! Take care and Good Luck!
NASDAQ:CRWDLong
by Juliac
IDUSDT.P Trade Plan Timeframe: 4H IDUSDT.P Trade Plan Timeframe: 4H #Forex #IDUSDT.P #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve Hey traders! 👋 Let's dive into a potential trading opportunity on the IDUSDT.P pair using technical analysis. 📊 📉 Previously Bullish Trend: Firstly, on the 4H- timeframe, we've been witnessing a Bullish trend in the IDUSDT.P pair. 🐻 🔄 Divergence on HH’s: However, it's crucial to note that recently, we have started to observe a divergence pattern on the HH’s. This is an important signal that the Bullish momentum might be weakening. 📉🔄: 📊 Trade Opportunity: Currently, we are looking at a potential trade opportunity with a Bearish bias. 📈 Entry Price: 0.2354 🎯 Stop Loss Level: 0.2400 🚀TP1: 0.2300 🚀TP2: 0.2245 💰 Investment Advice: Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade. Happy trading, and may the pips be in your favour! 🚀📈💰 #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
Short
by TradingwithBelieve
VIX - A storm is brewingTVC:VIX may have reached a significant bottom during today's volatile trading session. As seen below, the recent rug pull shown on the 1D chart has finally concluded; almost to the exact penny. When we step back and look at the weekly timeframe, VIX is currently bouncing higher off of a major bullish divergence that was built up over the past several months. The RSI is also retesting the neutral line (50) and TVC:VIX itself has closed on a major support level. If TVC:VIX continues its move higher next week, we could see a significant drop in the S&P500 Disclaimer: Any information contained within this post does not constitute any financial, investment, or trading advice. Trade or invest at your own risk.
CBOE:VIXLong
by RocketTraveler
1
#META looking rather precarious. META released a decent set of results last night, but trade action post market is very weak which makes me think there is a scenario where it could be headed as low as R240 to meet the Rising 200wma and previouys level of support at approx R245.00. Stock recently made a new high which was not confirmed by the RSI forming a lower high (bearish divergence). I would becareful of buying this thing too soon as i think further weakness is most likely on the horizon in the metaverse!
NASDAQ:METAShort
by MarcoOlevano
Google Bearish for limited timeChart currently shows Bearish Signal as per the following reasons: Indicators: 1. Slight Dark Cloud cover indicated 2. Two Black crows, today's trading will indicate if three black crows are confirmed. 3. Slight Bearish divergence Patterns: 1. Bearish rising wedge on graph - indicates a potential bearish signal Bullish After Cup and Handle Formation Although it seems that perhaps the bearish trend may be limited to form a cup and handle pattern, once handle is broken - uptrend to continue.
NASDAQ:GOOGShort
by Azzeee
#US10Y Yields perhaps a little extended here short term?Got to be brave trying to run infront of this steamroller, but we are starting to see signs of bearish divergence where price(yield) is making higher highs, not confirmed by the RSI and MACD which are currently making lower highs. This could be warning of a short term reprieve in yields which could be bullish risk assets. However, given the current environment with conflict in the middle east, one has to becareful
TVC:US10YShort
by MarcoOlevano
EURUSD Trade Signal Timeframe: 1HEURUSD Trade Signal Timeframe: 1H #Forex #EURUSD #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve Hey traders! 👋 Let's dive into a potential trading opportunity on the EURUSD pair using technical analysis. 📊 📉 Previously Bearish Trend: Firstly, on the 1H- timeframe, we've been witnessing a Bullish trend in the EURUSD pair. 🐻 🔄 Divergence on HH(Higher High’s): However, it's crucial to note that recently, we have started to observe a no divergence pattern on the HH(Higher High’s). This is an important signal that the Bullish momentum might be weakening. 📉🔄 📊 Trade Opportunity: Currently, we are looking at a potential trade opportunity with a Bearish bias. 📈 Entry Price: 1.06569 🎯 Stop Loss Level: 1.06959 🚀TP1: 1.06183 🚀TP2: 1.05805 💰 Investment Advice: Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade. Happy trading, and may the pips be in your favour! 🚀📈💰 #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
Short
by TradingwithBelieve
NASDAQ Trade Signal Timeframe: 1H NASDAQ Trade Signal Timeframe: 1H #Forex #NDX100 #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #NASDAQtradingsignal #NASDAQ #USTECH Hey traders! 👋 Let's dive into a potential trading opportunity on the NDX100 pair using technical analysis. 📊 📉 Previously Bullish Trend: Firstly, on the 1H- timeframe, we've been witnessing a Bearish trend in the NDX100 pair. 🐻 🔄 Divergence on LL (Lower Low’s): However, it's crucial to note that recently, we have started to observe a divergence pattern on the LL (Lower Low’s). This is an important signal that the Bearish momentum might be weakening. 📉🔄 📊 Trade Opportunity: Currently, we are looking at a potential trade opportunity with a Bullish bias. 📈 Entry Price: 15065.9 🎯 Stop Loss Level: 14936.1 🚀TP1: 15169.2 🚀TP2: 15269.6 💰 Investment Advice: Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade. Happy trading, and may the pips be in your favour! 🚀📈💰 #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
PEPPERSTONE:NAS100Long
by TradingwithBelieve
How to Use Divergence Hey traders! RSI divergence, a key concept in technical analysis, occurs when the relative strength index (RSI) of an asset shows different patterns compared to its price movements. If you like my graphics, share some 💙💛 Bullish Divergence: In a bullish divergence, the RSI indicates the asset is oversold, forming higher lows, while the price action forms lower lows. This signifies a shift from selling pressure to buying interest. The sellers' last attempt to control the market is met with increasing buying volume. Bearish Divergence: Conversely, in a bearish divergence, the price achieves higher highs, reflecting the final push from buyers, while the RSI forms lower highs. This classic overbought scenario signals potential reversal as buyers lose momentum. These divergence patterns provide reversal signals, whether in trending or ranging markets. It's essential to note that relying on a single strategy is not sufficient for consistent profits, however combining various strategies and setups enhances your win rate. Always trade with a risk level that aligns with your financial capacity. Share Your Insights! Which indicator do you prefer for identifying divergence? Let me know in the comments below.
Education
by ArShevelev
1
KAS MIGHT FALL : Bearish Divergence 📉 It's crucial to approach trading with a discerning eye. The KAS token has recently formed a significant rising wedge pattern, a bearish indicator, and to add to the complexity, it's showing signs of a bearish divergence. This double whammy serves as a warning to traders to exercise caution. 📊🚫 The Rising Wedge Pattern: Rising wedges are typically bearish patterns, suggesting a potential price decrease. However, the crypto world is known for its unpredictability, so it's wise to be cautious. 📉🐻 Bearish Divergence: Adding to the intrigue is the presence of a bearish divergence, where price forms higher highs while the corresponding oscillator (like RSI) creates lower highs. This phenomenon signals potential weakening in buying momentum. 📈📉 A Word of Caution: It's crucial for traders to tread carefully when considering positions on KAS: Risk Management: Employ rigorous risk management strategies, such as stop-loss orders, to safeguard your investments. Thorough Research: Always conduct thorough research into the fundamentals and recent news related to KAS to make informed decisions. Patient Entry: Should you consider short positions, exercise patience and wait for a confirmation of the bearish trend. This might involve a retest of the wedge border. Conclusion: The cryptocurrency market is known for its unique characteristics, and patterns can be informative, but they don't always guarantee outcomes. Market dynamics, liquidity, and unpredictable events can influence prices, and traders should remain vigilant and adapt their strategies accordingly. While the rising wedge and bearish divergence are worth noting, they are not the sole determinants of market movements. Trade wisely, and always be prepared for the unexpected. Happy trading, 📉 ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
Short
by AlexWhale
1
USD/JPY Daily Analysis: Seizing the Bearish bat pattern 📉Shalom, tradingviewers, from the holy city of Jerusalem! Where I live right now, in the neighbourhoods of kindness. Thanks to the Creator 😀 Its a great pleasure to share my precious insights with you as always. Today, we embark on a journey, where the USD/JPY currency pair beckons with a compelling setup on the daily timeframe: 📌 Technical Analysis Highlights 📌 🦇 Bearish Bat Pattern: Picture this - the price action has masterfully crafted a bearish bat pattern, renowned for its impressive win rate. This pattern has gracefully steered the price towards a pivotal point at 149.500, none other than the D leg of this harmonic formation. 📉 Anticipating a Correction: Now, as we stand on the precipice of change, the RSI indicator chimes in from a highly oversold territory, casting its vote of confidence in this scenario. And there's more - a bearish divergence has been evolving over the past two months, reinforcing our bearish outlook. 📈 Trade Strategy 📈 With these potent technical signals as our guide, we take action. This daily analysis caters to those with a broader perspective - a long-term vision of the markets. 📊 Long-term Targets 📊 1️⃣ First Target: 144.750 2️⃣ Second Target: 141.000 3️⃣ Ultimate Target: 135.000 While this daily analysis provides a panoramic view, remember that shorter timeframes may offer opportunities with tighter stop losses. Trade wisely, manage risk diligently, and may your trades bring abundant success! 🍀 Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you want more qualitative insights like this one 🌊🚀
Short
by Thomas_Zito
8
FOR - breaking up soon?FOR was in a strong trend from June (pt A) till its peak on 7 Aug (pt B). It then went into 50% fib retracement over the next 2 months, hitting a possible final low on 6 Oct. A couple of bullish divergences between its price and RSI were also seen just prior to hitting this low. What followed next was a bullish morning star pattern. Went long @ 26.35 on 10 Oct the day after this pattern was formed with initial stop loss slightly below the morning star's low @ 25.35. Despite its long correction, the stock is still very much above its 200 day moving average. Expecting that it will break out of it's downward trendline resistence soon. Whether it could rise back towards its Aug's peak of 31.43 eventually remains to be seen. Will trail protective stops upwards from time to time. Disclaimer: Swing Trader here. This is just my own analysis and opinion for discussion and is NOT a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management (ie trailing stop loss and position sizing) is (probably the most) important! Take care and Good Luck!
NYSE:FORLong
by Juliac