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Divergence

USDCAD - Technical Analysis [Long & Short Setup]🔹 USDCAD Analysis on 1HR chart - The current Trend Seem neutral - Bearish Divergence is Present - No Reversal pattern - Found Harmonics AB=CD Pattern - Waiting for a Break of Structure for Confirmation Either at Point C or At Point B. - If point C break we short. - If point B break we long. 🔹 Trade Plan At Point C - Entry Level = 1.35589 - Stop Loss = 1.36036 - TP1 = 1.35137 - TP2 = 1.34681 🔹 Trade Plan At Point B - Entry Level = 1.36297 - Stop Loss = 1.35783 - TP1 = 1.36757 - TP2 = 1.37213 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR Like and subscribe to never miss a new idea! ✌🏼
by Bountysoul
NZDUSD - Technical Analysis [Long Setup]🔹 NZDUSD Analysis on 1HR chart - The current Trend is Bullish - Bullish Divergence is Present - No Reversal pattern - Waiting for a Break of Structure for Confirmation 🔹 Trade Plan - Entry Level = 0.61647 - Stop Loss = 0.61072 - TP1 = 0.62223 - TP2 = 0.62802 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR Like and subscribe to never miss a new idea! ✌🏼
Long
by Bountysoul
Harmonic Crab Variation + Bullish RSI Divergence - GUHere I have GBP/USD on the 30 Min Chart! Price has found Support from the July Highs! Upon reaching the Low @ 1.30493 I notice a couple things: -Price is moving Lower, RSI is moving Higher = Bullish RSI Divergence -Price has created what looks to be a variation of the Harmonic Crab Pattern (not exact values) Harmonic Crab XACBD Values: X-B ( .382 - .618 ) A-C ( .382 - .886 ) B-D ( 2.618 - 3.618 ) X-D 1.618 We continue to see price move higher and I believe we will see Higher Highs up to the 1.3130 - 1.3140 Area! Fundamentals: GBP has been positive in the analyst eyes this week with the Claimont Count Change with impressive numbers and Unemployment down from 4.2% to 4.1%! -GBP will have GDP releasing Wednesday Sept. 11th with forecasts to be Positive! USD not only has Rate Cuts starting next week but this week is heavily loaded with CPI & Core CPI Wednesday along with PPI, Core PPI & Unemployement Claims Thursday Sept. 12th!
Long
by Novi_Fibonacci
2
USDX Breaks Out: Gold Struggles For Direction In the Monday 9 Sept. Oceania & Asia session both Gold & Silver were slow to make traction. Prior to London session today, the USDX edged closer to 101.50 & made it to this level again, before retracing and breaking out through this level at time of writing. USDX currently 101.60. Today, I saw some divergence happening between Gold and the USDX, as it rallied Gold did not sell off with the vengeance its normally known for.
EIGHTCAP:XAUUSD
by Easy_Explosive_Trading
6
Polkadot's Bullish Divergence: The Next Big Move?Hey Traders! 🌐 If you've been keeping an eye on Polkadot (DOT), you might have noticed something exciting brewing in the charts. Yep, I'm talking about a bullish divergence that's starting to take shape, and it could be signaling some serious upside potential! 📈 Polkadot: The Powerhouse of Interoperability 🌉 Polkadot isn't just another crypto; it's the go-to platform for connecting blockchains, making the decentralized web a reality. With its unique ability to facilitate cross-chain communication, Polkadot is a critical piece in the puzzle of the blockchain ecosystem. 🧩 Spotting the Divergence 👀 Diving into the technicals, there's a noticeable bullish divergence forming. This is when the price action is moving downward, but key indicators like RSI or MACD are hinting at an upward momentum. It's like the market's saying, "Get ready for a possible breakout!" 💥 Why This Matters 🧐 Bullish divergences can be early signs that the bears are losing steam and the bulls are ready to charge. For Polkadot, this could mean we're on the verge of a potential rally. If you're in the market for opportunities, this might be one to watch closely! 🔭 Stay Ahead of the Curve 🏃‍♂️ As always, make sure to do your own research and keep an eye on the charts. The crypto market can be wild, but with the right insights, you can navigate the waves like a pro! 🌊 #Polkadot #BullishDivergence #CryptoAnalysis #DOTtoTheMoon
CRYPTO:DOTUSDLong
by VVVDestroyer
GBPNZD Bearish DivergenceThe market has responded to a bearish divergence on the 1H chart, leading GBPNZD to pull back from a key resistance zone. After reaching the strong resistance level of 2.12700, the market formed a daily long-tailed bar, signaling a rejection of that level. Given the overall bearish trend and the appearance of a large bearish candle, the market is likely to continue pulling back toward support levels. It may drop further from the resistance zone and potentially break out of the upward channel as it aims to test those support areas. The target is the support level around 2.10500
Short
by RTED_Investing
TURBO Bearish Divergence on 1Wk ChartTURBO Chart 1WK: We have a negative divergence forming on the weekly time frame. If the current candle remains as a bearish engulfing candle by the close of this week (3 days), then it's going down to test the bottom of the channel and those lower wicks. Falling to the bottom of this channel would result in a -31%. Correction. If it breaks the channel lower, then it's going down -80% In a first ever "Utility Bull-Run," how will the meme coins hold up this time, with no utility? This could be like the FTX or Luna Crash 👀
Short
by sir_Cooley
2
AUDCHF IS GOING LONG, TAKE PROFIT IS AT LEAST 100 PIPS AWAYSo here are the reasons for my Bullish Bias - Weekly Bullish Divergence Confirmed - Price rejected off level that was last touched in March 2020, the rejection candle on the weekly was 200 pips - Head and Shoulders Divergence spotted on the Daily, this particular Divergence is almost undefeated in terms of directional bias - Market structure has been broken to the upside on the Daily. I see price going to at least 58.800.
Long
by comcastpatty2013
Could EUR/GBP see .8500 and Below?! Here I have EUR/GBP on the 1Hr Chart! We can see that following the 3rd Divergent High @ .86248, price makes a steep Decline breaking the Previous Higher Low @ .85757 and creating a LOWER LOW @ .85496 turning this once Uptrend into a Downtrend! After the New Low is created, we see price makes a textbook Retracement back to the 61.8% Fibonacci Level @ .85783 which happens to test the previous Higher Low to then proceed back down to close for the week just above the New Low! I believe we could be witnessing the Confirmation of an Elliot Correction Wave coming where based on the ABC method: -Prices' LH correction marking our B Point indicates that based off our Fib Ext Tool, we could see price Decline to the Range Target of ( .8457 - .84282 ) -Price Breaking the A Point will be Confirmation of potential Selling Opportunities *.8500 will be the next area we will see Price wrestle with once it breaks the Lower Low @ .85496 Indicators: -Bearish Reading- - Price is working BELOW my DEMA - Flattening of the 200 EMA - RSI BELOW 50 after creation of LL -BBTrend printing Red Bars
Short
by Novi_Fibonacci
1
Jasmy Weekly Hidden Bullish DivergenceSEED_DONKEYDAN_MARKET_CAP:JASMY has a confirmed hidden bullish divergence on the weekly chart. There is a also a case to be made for a double hidden bullish divergence, although the previous one may have already played out. Hidden bullish divergences are more effective than regular divergences because they are a trend continuation signal. The hidden bullish divergence shows us that even though RSI made lower lows, the price held the gains made in previous sessions (higher lows). In other words: RSI has reset to lower levels, while price is higher, which means the RSI has more room to run up from a higher starting price point. Looking at the broader market, we can say that crypto is still in a bullish uptrend, which only adds to this signal's strength. As a general rule of thumb; the longer the timeframe, the more significant the signal. The weekly timeframe is a LONG timeframe, so this confirmed hidden bullish divergence for #JASMYUSD can be considered as a very strong signal to go long or to add to your long-term spot positions. Furthermore, there is a case to be made for a clear corrective A-B-C structure since the recent highs around $0.044. If this is the case, than expect #JASMY to run hard and fast once the market regains strength.
COINBASE:JASMYUSDLong
by couldntcomeupwithone
eHEX Perfect Fibonacci Pattern, Potential 10,000x Gains?Wave-B relates to wave-A by 161.8% in time and 61.8% in price, creating a perfect price AND time fibonacci relationship. Internally, Wave-B seems to be forming into some sort of complex correction with a good chance of a bottom here because of the internal relationships between each phase of the complex correction. HEX has also created a weekly wiseman buy signal along with bullish momentum divergences, and with a wider crypto bull market potentially beginning now HEX could start making its way back towards ATHs. Since this is an extremely volatile and controversial coin just a move back to the ATH would be over 500x gains, and a move similar to wave-A would be over 20,000x gains. It's not recommended to put a large amount into this trade because it is extremely volatile, but even a small amount could eventually become a much larger amount if it gets another wave like wave-A or even just goes back to the ATH, and based on the time/price relations a move like that could be coming soon. HEX is actually forked into two coins, HEX on Ethereum (eHEX) and HEX on PulseChain (pHEX). I am buying a little bit of both but just know this chart specifically relates to HEX on Ethereum. The process of buying is also not exactly straightforward, you can buy eHEX on MEXC but liquidity is low. The best way is bridging to PulseChain and buying eHEX on PulseX, but you'll need to get some PLS to pay tx fees. You can also buy pHEX on PulseX which may or may not perform better than eHEX.
CRYPTO:HEXUSDLong
by Intuit
(Update) !!! Daily Chart Analysis : Bull or Bear ? (READ)BINANCE:ADAUSDT The price is at the bottom of the megaphone and at the same time it is in an ascending wedge, and after the wedge is broken, the price can grow well. Also, divergence in MACD makes this signal stronger. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
Cup & Handle Forming!! - GUHere I have GBP/USD on the 1 Hr chart! Price dipped down into the Support Zone that was recently used in the beginning of July making its Low @ 1.2707! Afterwards, price came right back up to make an Equal High @ 1.28404 forming quite a popular Reversal Pattern, the Cup & Handle!! Now this PA formed the "Bowl" and after the Equal High, using the Fib Retracement Tool, we can see Price made a 61.8% Retracement beginning the formation of the "Handle"! This Higher Low tells us that if this Fib Retracement holds, we could be seeing the end of this Downtrend and the beginning of an Uptrend to the Potential Range Target of 1.29992 - 1.30502! - Bullish Divergence @ Support - Violation of Structure from LL to HL - RSI ABOVE 50
Long
by Novi_Fibonacci
4
#GBPCAD bearish scenarioBearish divergence in the 4H timeframe, as well as price failing to create a new high, shows potential weakness in the uptrend. Furthermore, from an Elliott wave perspective, it seems like we are at wave 5 of 5, with a high potential for a bearish move from here. In the 1H timeframe, we can see that the price managed to break below the previous higher low, successfully changing the structure towards bearish in the 1H timeframe. Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
Short
by mohemati
6