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Bearishdivergence

EUR/USD DAILY Chart and Ichimoku Strong Bearish DivergenceThe Euro has been on a short bull run on the stimulus packages announced in the last weeks. But now has hit a long term trend line and shows a strong bearish divergence on the RSI. It looks very oversold for a Daily chart on the RSI but also by its distance away from the cloud. If it breaks the Tenkan ( Yellow line ) It will move fast to test the Kijun ( Dark Blue line ) and if it breaks that the top of the cloud. Be careful leverage trading is risky so manage your position sizing accordingly! If you like my ideas and the work I do, please check out the links in the signature ;).
Short
by VrotteOtter
AUDUSD Oversold Bounce| Trading Range| Technical Divergence Evening Traders, Today’s Analysis – AUDUSD – recovering from weekly oversold conditions, trading in an important range where further price development will allow for a directional bias. Points to consider, - Weekly Trading Range - 21 MA Breached - Technical Bearish Divergence - Oversold Bounce - Extended Stochastics AUDUSD has entered its macro weekly range from oversold conditions, where it is likely to consolidate and test the range median before another impulse move. The 21 Moving Average has been breached, the indicator can now act as a visual support guide upon a back test. AUDUSD has a technical bearish divergence at the range high; this is a sign of weakness in the current market. The oscillators are putting in higher highs whilst the price is establishing a lower high. The Stochastics is currently overextended; a retest of at least the range median will cool of oscillators. Overall, in my opinion, AUDUSD is likely to retrace and trade within the range before its next impulse move. The immediate direction is short due to trading at the range high. Further consolidation will help with the directions bias. What are your thoughts? Please leave a like and comment, And remember, “Intelligence is the ability to observe yourself without judging yourself. In essence, this is mindfulness.” Mindfulness” ― Yvan Byeajee
Short
by AzizKhanZamani
2
SHORT - ADA - Trading OpportunityA huge bearish divergence has been formed on FTX:ADAPERP , hoping for a run of the stops then a downfall from there, althought we could be shooting ourselves on the foot right here, as ADA has been a non stop machine for the past few months, this is certainly a chance worth taking though, lets get it boys. Entry: 0.090315 Target 1: 0.084270 Target 2: 0.076960 SL: 0.093845 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
FTX:ADAPERPShort
by ElMomento
Oil Short Term ForecastH4 - The price which is moving higher has created a triple wave to the upside. While measuring this triple wave using the fibonacci expansion tool, the 61.8% fibonacci expansion level of the first wave at 41.04, the 61.8% fibonacci expansion level at 37.17, and the 100% fibonacci expansion level at 41.25 of the second wave coincide on the same zone with the daily and weekly pivot points. Which makes this area a key resistance zone for us. Price has currently reached this key resistance zone. Bearish divergence. Until this key resistance zone holds I would expect to see corrections here.
TVC:USOILShort
by VladimirRibakov
Bearish Divergence| S/R Flip Retest| Long Structural Support Evening Traders, Today’s Analysis – NZDJPY – breaking a key level where an S/R flip will confirm structural support. Points to consider, - Impulse bull move (breaking key level) - Bearish Divergence evident (allowing for a retest) - Structural Resistance (immediate target) - RSI putting in lower highs - Stochastics sell cross NZDJPY broke resistance with an impulse move, currently trading at its range median with a valid bearish divergence. A retest of structural support well let the bearish divergence play out – will also confirm the S/R flip retest. The RSI is putting in lower highs whilst the stochastics is projecting a sell cross – putting more emphasis on the bearish divergence. Overall, in my opinion, NZDJPY is likely to confirm support with a retest. A long trade will be valid with defined risk below structure. What are your thoughts? Please leave a like and comment, And remember, “In order to succeed, you first have to be willing to experience failure.” ― Yvan Byeajee
Long
by AzizKhanZamani
6
Is Bitcoin trading in a Micro Inverted H&S?It appears as though Bitcoin is forming an inverted Head & Shoulders inside of a more macro Ascending Triangle. The RSI is displaying a divergence from the price as well, you can notice there seems to be a sloping line of resistance on the RSI forming a descending triangle pattern. Bearish divergences signify potential downtrends when prices rally to a new high while the oscillator refuses to reach a new peak. In this situation, bulls are losing their grip on the market, prices are rising only as a result of inertia, and the bears are ready to take control again.
COINBASE:BTCUSD
by ScotianBot
1
NASDAQ Short Term ForecastD1- Price has created a triple wave to the upside. The price which was moving higher respected the key resistance zone formed by the 9500 psychological level, the 161.8% (9565.6) fibonacci expansion level of the first wave, and the 61.8% (9336.5) fibonacci expansion level of the second wave and is currently moving lower. We had a bearish divergence and an engulfing candle pattern. H4 - Price has broken below the uptrend line. Until this uptrend line breakout holds we may expect short term bearish moves towards the key support zone formed by the 38.2% (8327.2) - 50% (8004.2) fibonacci retracement zone of the daily triple wave.
OANDA:NAS100USDShort
by VladimirRibakov
Apple Short Term ForecastD1 - Price is holding below the psychological level 320, continuing bearish divergence. Price is moving on the upper band of the Bollinger Bands for more than 20 candles. Note: If you want to learn in detail about Bollinger Bands then check out my blog and youtube channel. H4 - Triple wave to the upside, the price has reached the key resistance zone formed by the 161.8% (315.29) fibonacci expansion level of the first wave, 100% (325.10) fibonacci expansion level of the second wave, and the psychological level 320. Bearish divergence. H1 - If we get a valid breakout below the uptrend line shown in the chart, we may then expect further continuation lower in the short term.
AShort
by VladimirRibakov