Divergences
XAUUSD down trend termination or just an other corrective leg?!#XAUUSD has some trend reversal signs. First it completed an ABC corrective wave with a Regular Divergence between wave 3 and 5 in RSI(8) oversell area. It also reacted to the channel lower line and Monthly static support (gray area).
It's first resistance is at 1850$ where it reaches the inner line. And if it tends to reach the upper line of the channel it has a major Monthly resistance at 1921$.
But these are not enough to reverse the whole downtrend and it can be just and upward correction!
What do you think about #XAUUSD?!
GBPUSD: 1HThe previous highs happens to be a 0.382 retracement level coming in at a very psychological level (1.30$)
With this set-up you will simply be trading in the direction of the short term trend and never again will you have to pick a high or low.
So why sell this market?
A dip down to the 1.50 extension illustrates a bearish trending market
Pullback up to 0.618-0.786 area
Bearish hidden divergences
Not expecting 1.30 sellers to give up the highs. Protective stops are placed at 1.301, 3 pips above the previous highs.
Good luck to everyone trading GBP/USD!!
Bullish on BRD (LONG) Bread has been in a downtrend for some time now, we've seen multiple spikes but yet the price remained bearish with no bullish mid term signs. however, something interesting caught me when I was looking at the 12h Chart for bread. A bullish divergence is visible on the 12h chart. hence, this gives a great opportunity midterm, while taking some volatility from BTC into account. hence a SL is needed around 600 Sats.
Buy 650-660 Sats
target 1 733 Sats
target 2 770 Sats
target 3 830 Sats
target 4 980 Sats
Alert: Bitcoin in demand zone + bullish rising wedge: Buy signalHello traders and guys of the trading view community. In this analysis, at the moment, in Daily the trend is not clear here. As we are in the important support key betwen the $10,400 USD and $10,198 USD, its could be to produced a manipulation for short position, we need to take as counsel while Bitcoin it's go on.
So, in H4 timeframe we see one change of perspective, because the $10,198 USD it's could be to consider as important level as support, becuase the price tends to go back to the $10,200 USD above it. Because the candlestick show a bullish movement, we have one signal of alert to stay alert, there are one rejection's candlestick and RSI and MACD overbought, and that show a possible bought until the go back to the $11,100 USD to then, confirme the break down of the shoulder head shoulder
IN H1, the RSI indicator show a momentum to see a bought because the price are overbought and RSI make a lowe higher and price action make a lower lower, that show a possible change of trend and bulls are defend for complete to find up the $10,200 USD as maximum point, if the Bitcoin it's was defended for bulls, we could see a bullish movement!!!
Euro represent a bearish and hide divergenceIn this analysis, in H4 timeframe, we see that Euro is into this bullish channel, but as recomendation is put any long position as buy order, I put my buy order at $1.1943 USD with a SL at 44 pips and take profit of 130 pips.
Now, in the RSI show a hide and bearish divergence that show a higher lower and the price action show a higher high, that is a momentum of change of trend.
Now, the candlestick today is closed up formed a bearish hammer, this is an indication of more drop!!!!
Also, in the other pars we need to check out if there will be a other form of watching of the market of to going agains the trend, I see the same situation of other pars.
When god throws you apples!make cider or it will turn to vinegarIt's going to get tough over the coming next weeks.. also today apple announced they bought out Startup Mobeewave for $100m so to turn iphones into payment terminals and compete with Square.
Imagine this: they will become a financial institution sooner or later as well as your personal doctor. Think about it... they will measure your vital stats and grant you a new loan... or change your insurance cost...
This company is by far the best on the world!!! just trying to find out short-term momentum nothing else..
GOLD WILL REACH 2k zone and then drop dramatically!After using "my art" with respect to frequency functions, and analyzing gannbox, harmonicpatterns, fishpattern, trend lines, divergences, arcs, waves of Elliot, gannbox fib ratios ...
So:
I've found this 'qantum-gravity-price-zone', and ... just don't let it go. Let's wait for # Bloodhound'sEffect! And #BePatient!
(You could buy, and then sell).
"For me, analyzing markets is an art, I just draw it".
-JBPip
Updates of EUR/GBP: That is all manipulationWhen I going to making the technical analysis, I see a bearish rising wedge, but this bearish risign wedge are the expectative what we hope so bearish of trend of trend, in that case we are int othe ascendent channel. But, this morning I see that we need to entry in short position because this zone what the price it, it's a manipulation and we don't to trust that we going to entry in buy or long position, institutiaonsl make that, it's important to me as fix to see what markets are invisible to become a visible to see it.
Well, if you see we idetify 3 bearish divergences:
1. price action
2. MACD
3. RSI
That divergence are hide and this is a signal or reversal of bear.
My best technical analysis is in H4 timeframe that is see better, well my objective of htis par is to find down 140 pips. But remember that in H4 we broke up this rising wedge, but eyes that is not a bullish, this candlestick in H4 are manipulation, but if you will see in H1 timeframe, it's a pure manipulation.
Now, today there are a fundamental that the technical analysis speak in our fundamentals analysis.
1. Coronavirus and Brexit continue to Dominate Pound to Euro
2. And obviously the news of German inflation picks up more than expected on service cost and it's making a Eurozone a disstrenghten of the leador Eurozone Economy and motor of this continent that is Germany.
Special Analysis for EUR/USDin this technical analysis as education, we see an EUR/USD in long term very bullish. Why? Because there:
If you keep watching up, we are in the strong support and a possible formation of Bat armonic pattern bearish or double top, as you want to see, maybe it's has for me a double top, and very strongest because in the past in the accumulation of 2014-2017 we having a bullish trend until the 2018. But, so, we are in the possible bull run to form in long term, because indicators in the RSI show us a bullish divergence in Monthly, and this is a good indicator for this currency EUR. I see an Euro very optimistic their economies and there are a good indicators so what EUR is could be the strengthen in the long term.
In weekly, we have a very curious patter, because we are from August 2018 in the descendent and bearish channel from $!.17 USD from $!.06 USD, and then, in the RSI if you see, we are having in the ascendent channel in the RSI, and then, it's a good indicator what the force is strenghten on the price action. Also, as we broke up the descedent channel, we can to see a possible proyection and target again from the level of $1.24 USD. So, that it's a study of elliot wave analysis so we need to recover this information to take in our hand.
And Daily in midterm, we proyect a drop until the $!.11 USD to later of the elliot wave analysis, we need to see an Euro bullish in this bull run of 2020. And also, I detect a hide bearish divergence and it's very neccesary to the price drop in that zone as I estimated in my previously technical analysis. Also i added in my link of related ideas a updates of EUR/USD so recently from yesterday
That my friend, is all my technical analysis in Moonthly, Weekly and Daily timeframe, my expectative of the Euro is that I see that currency in the bull run agains the US Dollar.
AUDUSD - 15 minute chartI thought this chart was worth a post of its own. A Fibonacci retracement pattern is confirmed by a hidden divergence and a bearish reaction around the completion area of the Gartley pattern now followed by a regular bearish divergence on the chart.
Good luck to all trading AUD/USD