i looks nog like just a ''very little'' bearisch divergence on the daily. or seeing it wrong ? would it be worth risk the short to above to around previous VAH ? could be still a bit early.
BTC/USDT 1H hello Look at the chart, then describe what you notice.
Divergences, whether bullish or bearish in nature, have been classified according to their levels of strength. The strongest divergences are Class A divergences; exhibiting less strength are Class B divergences; and the weakest divergences are Class C. The best trading opportunities are indicated by Class A divergences, while Class B and C divergences represent...
If this local potential bear flag plays out exactly to the dollar on a resistance that is a directly on a trend line, a daily S/R level and some fib levels with market cipher b showing 1 hour divs and lower timeframes showing clear bullish divs as price hits the level it could make for a nice trade as XRP clearly likes to drop quickly and come back up.
Investor is back, so it´s Bears hibernation time. Guess what, my oldie bull divergence explanatory Bitcoin chart is still alive and ... I think that Bitcoin might be in the anomaly state where HIGH RSI doesnt mean a :poo: bear divergences are painted over higher time frames but yet its ignored and going higher and higher until a huge extended bear divergence...
Hi @everyone, In this chart we explain how we could enter a trade if this scenario will occur. Its used for educational content (but based on a real plan) to show how to create a plan on a possible scenario. Always think a few steps ahead, its just like playing chess. Its not given that this scenario will play out but,,, : if this happen then we know how to...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 5x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/USD Sell, GBP/CHF Sell, GBP/USD Sell, USD/CAD Buy & USD/JPY Buy. A few of these are...
This looks a lot like a reversal type falling wedge pattern + MACD is showing bullish divergence + MACD histogram also showing same bullish div + RSI as well, Bollinger bands are very tight, and the unusual thing is that they have been tight for far toooooo long, so that tells me that volality is very near.
This looks a lot like a reversal type falling wedge pattern + MACD is showing bullish divergence + MACD histogram also showing same bullish div + RSI as well, Bollinger bands are very tight, and the unusual thing is that they have been tight for far toooooo long, so that tells me that volality is very near.
- Spotting Divergences is a good way to be prepared for a potential trend reversal. - Many peoples are using RSI in a wrong way, as fix point indicator (oversold or overbought). - in reality RSI is a "Momentum indicator". Point to Point. - Divergences most of the time are not enough to enter a position but help you to have more nice cards in your hands. - They...
Fundamental Perspective: In the past 50 days, the Direxion Daily Real Estate Bear 3X ETF (DRV) has experienced a surge of over 90%. As a leveraged ETF corresponding to the inverse of the Housing Market, this hardly comes as a surprise. In the past two weeks alone, the Federal Reserve raised benchmark interest rates by another 75 basis points in its ongoing...
Previously Gold Did Bullish Divergence Now Waiting for Bearish Divergence
Overhead resistance for gold at $1680 Reversal back above this level will be supportive for gold. RSI & Williams %R Divergences at recent low may be friendly for the price.
Bullish coming soon albeit all circumstances leaning heavily on bearish side.
We have seen multiple bullish MFI divergences during the previous 12 months on the SPX chart, and they usually resulted in upwards moves. Something like those seems to be cooking right now.
Hey there, Please first of all note that this analyse is my personal opinion and please do not open any position on that. Specifically we can see a Strong bearish divergence on Weekly timeframe on #dxy chart. Also we can find out that there is a possibility for XABCD pattern too. Watch for next moves on next weeks. Have a great weekend.
This stock has given good breakout from decending parallel channel with good intensity of volume, also positive divergences in RSI and Macd signaled on daily time frame before breakout. RK's mass psychological Cloud buy activated and RK's buy signal activated, Rsi breakout also making scenario more powerful, adx showing good strength along with positive Dmi,...
hello guys xlm formed a three drive on decision point and this three drive make a divergence on rsi. so in my opinion this crypto is ready for a long position. what do you think about this chart? thank you for your attention! If you agree with my analysis or you are happy, please hit the "like" button and "follow"!