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Hidden Bearish RSI Divergence

EUR/USD can form a reversed head and shoulder!Hi every one Euro / U.S. Dollar EUR/USD is trying to form a reversed head and shoulder pattern in our opinion! as you can see the Left shoulder and head has already formed but the right shoulder has yet to form! if you pay attention you can see that there is a hidden bearish divergence on RSI as well which will make the expected correction for forming the right shoulder more likely to happen! after the completion of this pattern and breaking of the neckline, the bullish movement can happen as much as the measured price movement! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
20
USD/JPY is still gonna dump!Hi every one U.S. Dollar / Japanese Yen the USD/JPY has a strong bearish trend going on as you can see after a long time the price couldn't increase from it's previous top price (the chart is in weekly time frame but there is a strong support as well which the price reached it multiple times and increased from that point.there is Hidden bearish divergences as well on both MACD and RSI which makes the bearish trend stronger! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck The DEFINITION of Divergences!
Short
by CobraVanguard
27
USDJPY 16/01/2021 Short 300 Pips TP here we can see the Price is ranging in a descending Channel and it is showing a bearish wave we can see a Hidden Divergence with the MACD as the price is making Lower Highs but MACD is making Higher High so it can be sign of trend Continuation with a higher volatility... in order to speculate the next target we have specified the supports on its way, by Fibonacci Projection we can have some higher probability that the price shall reach the Minimum of parallel level which is 101.33 and henceforth i have specified our TP Zone too please comment your ideas
Short
by BitonGroup
EURUSD Hidden Divergence Bearish trend Continual Hi as we had observed the Convergence in our bullish trend and it reversed the bullish trend to bearish now We can see a Hidden Bearish Divergence with MACD and RSI, which is a sign and confirmation of Bearish Trend Continual and we can target our short for -61.8 of our Fibonacci projection which is having confluences with our 61.8 bullish Fibonacci retracement. the Suggested TP are 1-TP=1.1605 2-TP=1.1505 please comment me your opinions
Short
by BitonGroup
1
EURUSD Short UPDATEDHi as we had analysed the EURUSD on 24-08-2020 as we were bearish on the pair, i am updating that analysis based on some more new confluences. which are a bearish hidden divergence with MACD and a break through the lower bound of formed Triangle as well as our higher time frame Chanel's top band which was earlier a support and now turned to the resistance currently the trend retesting its resistance i am expecting a continual bearish trend up to the parallel leg of our Fibonacci projection at 1.1725 which is ultimately the lower band of our long Chanel please comment your ideas and opinions for me and follow the page for further updates if you liked the idea
Short
by BitonGroup
Short the apple!What is the support and resistance for Apple Inc. (AAPL) stock price? AAPL support price is $312.55 and resistance is $323.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAPL stock will trade within this expected range on the day. Apple is going to drop 5-10 dollars (my prediction) goodluck trading! ( Hidden bearish divergence )
NASDAQ:AAPLShort
by dekirby4
Wynn Daily - Short - Medium Term Bearish Although a rather simple setup, I find this appealing nonetheless. Here are some key takeaways going into tomorrow's open. - We appear to be forming a bear pennant. Note the two wicks to the upside that ended in the Daily candle closing down. It appears that Shorts are prominent along this upper resistance. The volume also appears to be in confluence with the selloff as well. - We do have a minor Support level around $52 that goes back to 2008 - 2009 and 2015. We also have additional Support at approximately $42 from 2008 - 2009. - The RSI is forming a Hidden Bearish Divergence. Look for the RSI to top off here and begin to trend downwards. - I expect price action to somewhat resemble the squiggly lines I have drawn out. I expect a test towards the bottom of our bear pennant between $54 - $56. From there, I see two scenarios playing out. The first would result in a bounce back to the upper end of the bear pennant, but I would still favor a breakdown after the small bounce.The second would result in a breakdown towards my noted Support levels. - Given that the Futures are already down and that Hospitality has been taking a beating during COVID-19. I hold a bearish stance on $WYNN overall. - This idea IS INVALID if price were to break above the bear pennant and hold it upon a retest.
NASDAQ:WYNNShort
by Queen-jane