CADJPY looks very good right
as per the entry bullish entry will be profred
because of +ve diversion on the way
close above 98.000 will be extremely bullish sign
Diversion
Equities OvervaluedCorrelation between bonds and stocks has stayed strong throughout this bull run. Everytime it diverts it is a good time for an entry. This bull-rally now has no legs.
Usdchf trend changeAs we are entering into the new trading week we see that Price make a triple top with a strong reversal signal from the rsi diversion
Watch this pair for 2 days
Dxy have hidden bearish diversion in 4 hr tfDxy show weekness there is hidden bearish diversion in 4 hr timefarame if dxy goes down that will be good for all the market
btc in 4hr there is a regular diversionbtc in 4hr there is a regular diversion lets see and what happen i think so that it is a liquidation wick.
Bitcoin form a diversion last four quarter the volume show reduction and the price continue on the gain. as you can see the diversion indicate that correction will start soon on my opinion and not a proper time to invest in the coin.
Bearish Diversion and Price Action of BitcoinMy view on the price direction based on the volumen for support or potential new locations where the price could go.
RSI Diversion on 4h chart. Bitcoin started showing some weakness we might drop form here in short term or consolidate in this region for coming days.
#Gold - #XAU/USD - Unpopular chart looking at this on monthly we are in the parabolic run, if I have learned anything from trading #Bitcoin this doesn't end well.
I don't think we will be able to break above the previous high, we are printing Bearish diversions on the weekly timeframe, sooner or later this is gonna dump down hard!
depending on the HIGH of this rally i will target at least 0.705 Fib level for take profit, will keep you posted in the timeline
The descending triangle that we have broken has targets of 2076 but I think we will dump first before reaching that target
Oh boy this doesn't look good! FOMO Danger Zone.Hello Fellow Traders,
Although we have a significant diversion in all time intervals we keep going higher and higher. We are in a overbought zone in RSI also I lost track of counting elliot waves. There had to be a correction sometime ago but didn't and still no sign of it. Instead we are making a surprising parabolic accelerated bullish run in the last 24 hours. Hours ago even the community's popular analysts were still talking about Bitcoins (almost) funeral. Now suddenly everything, everyone and everyword is changed. Talking about how glorious BTC's is. These are all alarming to me. So this last increase looks like a FOMO madness to me. And I consider it a danger zone. So Beware.
This is my opinion. Trade on your own discretion.
GBPNZD Bearish Signal on D1 ChartThe price reversing after made inverse head & shoulder pattern as attached image below.
The price will continue moving downward to fibonacci level 1.90582
Placing a short position with risk/reward ratio 4.36
If you agree with this idea, please give us a thumb up!
If you disagree with this idea, please give us a constructive criticism.
Support us with a thumbs up!
Don't forget to leave your comment below!
Your likes and comments would motivate us to share more ideas......
BTC rising wedgeBTC has been forming a rising wedge in the past few days. 1D 200 EMA + 4H 100 EMA acted as strong resistance. watch closely for a break of the bottom trendline of the rising wedge, white fat line is strong fibonacchi retracement. Take profit area's are marked in green.
NZDUSD Short setup: Price Volume DiversionNZDUSD Price Volume Diversion very visible. So once price reaches close to the Ressistance, afterwatching price action, you may enter short.
