A look ahead in this EUR/USD Mid-Week Analysis. The Bulls have been making a strong effort to continue this upside trend and target the 1.1100 zone. The long term perspective looks bullish so we'll have to see how we finish out the week especially with NFP this upcoming Friday. Trade Safe and Manage your Risk.
BINANCE:BTCUSDT IN 1 HR TF BTC shows bearish trend but Bullish Divergence shows in RSI.
In the weekly time frame, after hitting the resistance range, the price has shown a negative divergence, which probably will cause a correction in the coming days... maybe for the last time, the price ranges of 18000 to 19000 dollars let's see... WOMAN , LIFE , FREEDOM
Welcome to the coffee shop everybody this is your host and baristo eric. By this time everybody knows how to see and plot divergences on your chart. The one thing that I fail to see in a lot of people is to give you a winning solution or strategy on how to trade divergences after you've found them. The answer is in your algo and how the RSI moves against its...
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...
After Observing first Higher High and Higher Low (according to Dow theory). taking long position at 2% Risk Reward. Divergence is synced as well
Spotted this reversal bearish divergence on CADCHF in 1H timeframe. Price also is consolidating in my key area as shown. What do you think about my idea? Leave your comments below and follow me for more RSI Divergence trade set ups. Sell: 0.68706 SL: 0.69118 TP: 0.67883 RR: 2R "Simple doesn't mean not profitable" Stay focused my friend.
- 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...
We have a Divergence around a whole number 0.60000. Best opportunity is when we break the down trendline and trade above 0.61000. Trading a setup Long at the low is risk taken though its a good opportunity. Looks like the fast move down was atop hunting and inducing retail traders. "In the name of News". Happens in Fx Trading.
This idea is a continuation of the previous idea, which is listed below,make sure you've seen it! In this idea, bearish divergence are clearly seen in 1 hour time frame, of course this is our chance to take short, but there are conditions to ensure that this divergence is valid,there are two confirmations that you can choose or you can choose both Option 1...
My prediction is that the price will move down to touch the gray area *If the price does not touch the gray area, I will not take the risk, which means I will not enter the market Stay Tune!
Possible EURUSD reversal. Double Bottom with Divergence.
15 jam yang lalu Elliot Wave Technical Analysis: Elliot Wave recounting & update Using of EW RSI DIVERGENCE TRADING STRATEGY Method to identify changes in downtrend & uptrend CHART ANALYSIS Direction still on heavy downtrend and slightly have a very strong “Bearish Hidden Divergence” Technical trend continue in the long “Minute wave” correction Zigzag Pattern...
Elliot Wave Technical Analysis: Elliot Wave recounting & update Using of EW RSI DIVERGENCE TRADING STRATEGY Method to identify changes in downtrend & uptrend CHART ANALYSIS Direction still on heavy downtrend and slightly have a very strong “Bearish Hidden Divergence” Technical trend continue in the long “Primary wave” Double combo correction WXY Expanded Flat...
Price action and chart pattern trading > Wave Pattern: Apex Triangle breakout with bullish divergence in daily timeframe - possible major uptrend rebound. > Entry @ Apex breakout - key resistance SMA50 > Target @ 4-wave - upside +40% and TP2 @ SMA200 +80% > Stoploss @ 5-wave lowest position -15% > Risk Reward Ratio: 3:1 Indicator: RSI strong bullish divergence...
4hr time frame shows bearish rsi divergence at a resistance level. My only concern is how the 20 and 50ma are currently positioned. Could be a H&S forming at this level as well. Trade carefully and use proper RR. This is just my idea and not a signal. Do not take divergence as a signal to enter a trade. Must have several other factors to add to the potential of...
let's see how this retest goes if the support is lost, we can consider placing a short order targeting the monthly support @76 let me know what you think about this analysis