Hello everyone, I just found a bearish RSI divergence on weekly chart of Nasdaq. RSI (14) on February 5 was at 73.05 and 72.91 on February 26. Close was 15990.66, now is 16274.94. In addition there was a bull cycle of 18 bars on weekly chart from March 13 2023 with price increase of 31.54 %, current cycle from October 23 ended with 29.96 %. And there is a high...
Overall the trend should be our friend. NZDUSD is in big bearish trend and after a sharply down movement it is time for a tiny correction. There is a bullish diviregence on the RSI 1H time frame, which may be is going to happen. Once the correction is done and the price hit supply zone it is good idea to look for a enter after candlestick confirmation or bearish...
Is CADJPY exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence, suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 108. What you guys think of it?
BIST:LINK Chainlink printing another beautiful flag after breaking through resistance onto now support. The best part is while this is taking place the x-ray goggles of OBV showing us the growing bullish strength via higher highs and higher lows with bullish divergence behind the scenes. Slowly, and then all at once 🌊👀
Is NZDJPY exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence, suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 91.500. What you guys think of it?
Bullish divergence on the Relative Strength Index (RSI) indicates a promising outlook for BINANCE:COTIUSDT , suggesting a potential uptrend in the near future. This divergence typically occurs when the price of an asset moves in the opposite direction to the RSI indicator, signaling a potential shift in market sentiment. Moreover, recent price action has shown...
Here I have EUR/GBP on the 1 Hr Chart! Price had made two very equal lows on the chart but closer look on the RSI indicator and you can see Price really is losing is Bearish influence and is looking to possibly go Bullish!! This strong reversal pattern called a Double Bottom makes me believe we could see Price push Higher after it broke out CONFIRMATION of...
NASDAQ:MSFT is showing bearish divergence on the RSI on the daily timeframe. We also see that price action has started to consolidate and the shorter term moving averages starting to curl. The $400 whole number would be a good entry to take MSFT short. Short under $400 on MSFT.
NASDAQ: Bearish - Ascending Wedge + ROC Divergence Ascending Wedge Detected on the Nasdaq The trend is bullish, but there is a big divergence with the ROC (Rate Of Change) which gives you the speed of the Momentum of the asset. A break of the bearish trend line of the ascending wedge would cause the Nasdaq to fall around 17158 - the support zone detected by the...
JP Morgan: Bearish - WOLFE detected + divergence with the ROC. The price could fall weekly to around 154 then 137. The divergence on the ROC is very strong. The 50 and 200 exponential moving averages are potential targets. On a daily basis we could reach 171 then 155, the divergence on the ROC is also very strong. Be careful!
Note: 1- Berish Divergence 2-Sell Sentiment 90% Trade: SL= 111.808 EP= 111.634 TP1= 111.457 TP2= 111.283
Note: 1- Berish Divergence 2- Head and Shoulder 3-Sell Sentiment 95% Trade: SL= 1.05873 EP= 1.06068 TP1= 1.06257 TP2= 1.06466
Note: 1- Berish Divergence 2-Sell Sentiment 91% Trade: SL= 99.075 EP= 98.475 TP1= 97.868 TP2= 97.299
Note: 1-Bearish Divergence 2-Sell Sentiment 93% Trade: SL= 0.95457 EP= 0.94958 TP1= 0.94459 TP2= 0.93956
In this chart we have spotted a Bullish Divergence on 1H time frame, and we see promising rise of price.
In this chart I spot a Bearish Divergence in which RSI momentum going down and price go up. it will be a sign of last bullish High and will go down and trend moves towards Distribution phase and then down trend/bearish. In this zone we avoid trade until we spot a clear indication of trend SO DONOT TRADE
Here we have USD/CAD on the Daily Chart! Down on the 4Hr Chart, Price is Bouncing-Up off of the Rising Trendline I have on the chart but with each bounce, buyers seem to be losing strength! Zoom out to the Daily Chart, it looks like UCAD is in a bigger scale Consolidation with price right in the Middle Road! My bias on this pair is Bearish given that we are...
USDJPY is making a bearish divergence on 15 minutes timeframe. MACD, MFI are also indicating that bears will hold for a while hence shorting.