#adobe - #marketcrash 2.0Just like #apple -
Bearish Divergence printed, expecting a retrace to Red long term trendline & Fibonacci levels on chart
Rsidivergence
#apple - Bearish Divergence - #marketcrash 2.0Rsi has printed huge bearish divergence on weekly timeframe, expecting one more leg down soon
XAUUSD Short OpportunityHidden Bearish RSI Divergence is present. Indicating a possible bearsish continuation.
Currently trading in a descending channel.
Short Trade IdeaDaily bearish divergence, with head & shoulders pattern and confluence with price closes below 50 EMA. Sell on breakdown at resistance turn support (purple area).
GBPUSD-Weekly Market Analysis-Jun20,Wk1Within the sell zone, a potential bearish bat pattern is going to form, even so, a candle confirmation is important in this trend trading opportunity.
This trade might just yield a great profit.
#Bitcoin - Longing againI see good confluence here on the chart with Fibonacci & ascending triangle support trendline, daily also possible bullish diversion printing, we might not get to 11k but even 1000$ move to 9700 is good for leverage trades.
Laddering longs till 0.75 (using only 5% of balance)
Short Trade IdeaSpotted RSI divergence at 4HR TF, price need to break the trendline (bearish momentum candle) and/or bearish price action like H&S pattern, etc. for confirmation.
Trade Ideas Analysis: EURJPY DivRsi Divergence on the 1-hourly timeframe where market retest the previous high. If the current candle closes the way it is at the 4pm(+8GMT) candle, I engage this on an aggressive short.
Trade Ideas Position: AUDCAD SharkA bearish shark setup on a counter-trend trading opportunity. Trade has engaged, waiting for a shorting opportunity when the market check-back.
Trade Ideas Position: NZDJPY SharkThis is what typically happens to a shark pattern, you get bitten the previous round and you come in for more.
A shark pattern can have as much as 3 entry price, if you aren't familiar with it, you can get a bitten twice in a row and you may say, no, I'm not engaging this trade.
Guess what can happen on the third run? It can hit your target profit and you get all upset on it.
Trade Ideas Position: NZDJPY SharkA confirmed bearish shark pattern setup with arrow confirmation. On both the 1-hourly and 4-hourly chart it is a ranging market, but on the daily, it is a trend trading opportunity.
ENJ LOOSING MOMENTUMENJI LOOSING MOMENTUM, DOUBLE TOP WITH BEARISH DIVERGENCE ON THE RSI, INVERTED HAMMER CANDLESTICK
TP: THE TWO GREEN BOXES
Trade Ideas Position: AUDCAD BatA bearish bat setup check-backed for a shorting opportunity. The RSI divergence and the long shadow candle do sweeten the deal.
Trade Ideas Educator: NZDUSD Bearish SharkA slight push higher will activate a bearish shark pattern, having that move may sound good but it also breaks the resistance level on the higher-timeframe, the 4-hourly chart(check out the link at the bottom).
Crude Oil | July contract continues to look bullish
the trend change of crude oil started at 29 Apil, signaled by RSI divergence or RSI failure swing
the second green arrow indicates the second long position, which was the buildup of a to-be breaking double bottom
an ascending trendline was then formed, which is never broken
the price then broke out, half of the profits was taken at the red arrow, by expecting a pullback
the third green arrows indicates the re-entry at the consolidation area
as the last trading day of June contract is approaching, July contract will be a better trade
GBPUSD-Weekly Market Analysis-May20,Wk2A head and shoulders setup for a buying opportunity. As this is not the usual head and shoulders setup that most will expect but the chart is not perfect. There is an RSI Divergence on this setup and if all fail the consolidation area do provide a buying opportunity on this setup.
BTC - ShortBoth daily and 4H time frames are showing:
Reaching up to long term S & R
Bearish divergence
Looks like a high risk reward short entry position. Shown short setup is a possibility of how this could be traded
Head and shoulders Head and shoulders reversal pattern
Price broke the neck line
RSI shows divergence
Wait for pullback then sell
Target: 61.8 fibo level
Good Trade!!!
Trade Ideas Position: EURJPY BatA bullish bat setup and completes as X surely pose a warning sign, if you head up to the 4-hourly and daily chart, at this moment the level is not within any support level.
Advantage of this trade is that it yields a very good RRR and an RSI Divergence.
What's your take on this?
GOLD RSI showing DivergenceThe price of Gold is in an uptrend , what to expect next as the wave will be to the downside. However, the price is expected to fall max to 1600$
EURJPY Long oportunity - Bounce upFX:EURJPY
EURJPY reaching the end of the pattern.
It is now trading next to an important support range showing signs of weakness it will possibly bound on this zone and go long with 4 different level targets to get your profit
- MACD and RSI diverge on the weekly chart
Next week we should see this shorting towards the 116.292 support line and the beginning on the bounce aiming for our first take profit level 118.410
Keep the eyes open for the bounce and enjoy the ride :)
EUR/CHF The Bulls are Ignoring All Technicals.Let's go over the different things that are happening here on EURCHF. The price made a Bearish RSI Divergence in this uptrend on EURCHF. The price indeed retraced slightly after this happened, but the overall uptrend was too strong.
The uptrend continued and made its way to the horizontal resistance area. After the area was hit, the price struggled a little bit but broke through eventually.
Since the bulls managed to win from the bears on all of these occasions despite the technicals against them, I decided to go for a long trade here.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
