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Bearishdivergence

CAD/CHF Short with Bearish DivergeneGood day, snipers. Here in the CAD/CHF , we have multiple confirmations to go short. TECHNICAL ANALYSIS first on the 4H time frame, price broke out of the ascending trend line and retested it completely then rejected it on the 1H time frame. Price also rejected the previous resistance and is in a bearish divergence on the RSI. FUNDAMENTAL ANALYSIS next is about the CoT report. Currently, net positions regarding the CAD are being sold while the CHF is being bought the previous week. Specifics are discussed with the team and accurate entry, SL and TP are sent too. Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up. Ideas posted are not financial advise, but merely just to give insights and education for traders. Past performances do not determine future gains. As sniper traders, we tread carefully, then we take shots immediately. Join the discussion down below or leave me a message if you have any questions about the idea.
Short
by SniperFXFree
Bitcoin looks ready to break out of a BULL FLAG!Keep an eye on the RSI, if the price breaks out of the bullish flag & the RSI doesn't break the downward sloping resistance to create a higher high than there will be a clear bearish divergence. The DPO is starting to creep above the red downward sloping line of resistance, potentially indicating there is more upside price action & the price isn't ready to top out. The dark blue line is the price of ETH on coinbase, Ethereum is noticeably taking charge of this bull run, very interesting.
COINBASE:BTCUSD
by ScotianBot
1
CADSGD long opportunity short termHi everyone, this is a super short term long, so I hope you can all catch it in time. I have been looking at the 5 minute chart to make this play, but the resolution is too small to post, so I I would recommend that you look at your own chart with my post pulled up beside it. Elliott wave analysis: On a super short term, we are finishing our wave 4 triangle, and I suspect that we are going to hit the top boundary of this channel, or atleast somewhere around there. On a greater time frame, we have hit a 1:1 extension of the first wave, so there is a lot supporting the idea that the cad SGd is headed down, so please stick to your stop loss. For this case, it is at the bottom barrier of the triangle. I have mine set at 1.03768. I would highly recommend that you set it no lower than this. Moving average analysis: On the 5 minute, we can see that we are currently experiencing a huge move in the making. All of the moving averages are coming together, but we are continuing to hold along the 200ema. This leads me to think that we are on our way up just a bit longer. MACD analysis: On the 5 minute, the macd is trending upwards, but on the higher timeframes, we are set to go back down, so please be careful. Rsi analysis: The RSI on the 5 minute is very, very shaky, and isn't telling me anything. On higher timeframes we are also seeing some bearish divergence, so just be careful. All in all, this is definetly a risky trade, but I think that the 2:1 R:R combined with the evidence supporting the rise upwards, hints to me that we are going to come out with a profit on this trade. Enjoy the rest of your night, and goodluck trading tomorrow
Long
by Mika_k
SLV is presenting a buying opportunityTechnically while I am long SLV in the big picture I think there may a little but of downside left to complete a healthy retracement. The tool I've used here depends on identifying divergence (in this case MFI but RSI is fine as well), you then measure the duration of that divergence, and lastly project it (duration) off the price low (as this is bearish divergence) within the period the divergence was identified. The notion is that this is the average time it will take for that low to be tested. What this means is that we *may* see a low in SLV on 8/14 and the general price range I'm looking for is 21.4 - 20.84 (prior low and pivot point) with a .618 retracement of the massive rally falling in that range. If the .618 retracement doesn't hold I will then look at the .5 mark visible on the graph. Please ask if you have any questions.
AMEX:SLVLong
by TNasr
Bearish Divergence on LINK 1H chart, may retrace Hello Viewers. LINK as we know has shown absolute bullish market for 3-4 days, however retracement may be possible as BEARISH Divergence appears on the RSi w.r.t Price action. While Rsi holds 50 level, the entry is after the confirmation as it hits below 50 Level. Possibilities are to hold 50 Fib Level, and then maybe bullish cycle starts after consolidating for a while. If you like my Analysis join YOU & I community by following us. Cheers!
Short
by You_and_I
2
Descending Channel for GBR?GBR has seen a parabolic 3000% gain & more since 2018, very odd considering Gold is only up approximately 70% in a similar time frame. I guess gold miners & gold don't necessarily correlate 100%. GBR appears to be trading in a descending channel, and on the RSI there's a noticeable double top / Head & Shoulders, where I have placed the blue human icon represents the head of the H&S. The red arrow on the RSI is possibly a double top. On a long term chart it appears as though the RSI has topped multiple times but the price has continued to rise, thus creating a bearish divergence.
G
by ScotianBot
GBP HKD Short term trade opportunityHi everyone, I am way too tired to make a full blog post, but I see some opportunities in this pair. Right now I think it is going down, but I can see that in the longterm it is heading back up, and I will make the full post once I feel well enough to give you all an accurate reading, but for now take this small setup. Macd on the 15 minute has crossed and appears to be moving towards the negative. 15 minute RSI is bearishly diverging. Target 1: 10.11016 Stop loss:10.14427 TLDR, we have finished a wave one of a greater move upwards, and I am expecting a deep wave 2 retracement. Around the golden pocket, which is 0.618-0.65, but maybe even to the 0.8. 0.8 is too aggressive for myself, but aim for it if you want. Another target is the base channel of the larger cycle, but I'll talk about it when I make a full post. Anyway, I'll hopefully talk to you guys sometime tomorrow.
Short
by Mika_k
Bitcoin BTC formed an ascending broadening wedge (bearish)Bitcoin formed an ascending broadening wedge ( bearish reversal pattern). I've noticed the bearish divergence on the 4hour timeframe but also a bullish divergence right after. The bullish divergence could indicate that BTC could make the last push to 11100-11200-11250 levels to test. I'm curious if $BTC could manage to make a Higher Low. If not this could change the trend (short-term) which is healthy. Testing previous resistances as support and to create stronger support. Breaking 10850 will make me more confident in a short position. Have to keep in mind we have a gap below at 9645 too. Bitcoin Trading Club is created to share valuable trading ideas, charts and to support each other with our trades (NFA).
BYBIT:BTCUSD.PShort
by BitcoinTradingClub
Gas future recovery lost all momentum, 200 SMA resistance?Hello Traders! The price of Gasoline Futures has recently returned to its normal range but the momentum of its recovery seems to be completely used up. The 50 SMA may have recently crossed over the 100 SMA, but both the MACD as well as the RSI look rather pessimistic, both indicating bearish divergence. I would be very surprised if the price crossed over the 200 SMA, which has acted as resistance in the past, but let's better wait for the next few candles before we trade on weak signals. VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas. Please, maintain proper position sizing and risk management!
NYMEX:RB1!
by vf_investment