Rsidivergence
GBPCAD - SHORT - BAT PATTERN + RSI DIVERGENCE1, BAT PATTERN
2, RSI BEARISH DIVERGENCE
TARGET BASED ON 382 AND 618 ON FIBONACCI RETRACEMENT
TRADE NOT ACTIVE
Bitcoin Bearish RSI DivergenceBitcoin is displaying bearish divergence on the RSI. The divergence suggests that the bulls have exhausted their momentum, and the price will correct to reset the over-brought indicators before any further major price moves.
USD/CAD - Possible LONG entry for a bounce or bullish breakout.Looking for a bounce at this very heavy support, also a bullish divergence on 4H.
1st target will be a little bit after CAM R4.
If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.
DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.
Good luck to everyone!
#QLC Adam & Eve bottomQLC Chain have here a perfect setup for 8 - 20% potential on 1h TF
- Adam & Eve bottom
- Bullish Pennant
- Hidden Bullish Divergence Inside Bullish Pennant
QLC is consolidating above 0.5 channel of pitchfork inside a pennant, flirting with 0.382 fibo and eager to go up with all this structures.
BTCUSDT patterns overview with Bullish Gartley $Binance 4h TFBullish Gartley
Symmetrical Triangle
Falling wedge
RSI bullish divergence
Inversed H&S (visible on naked eye)
NZDUSD Short Trade, Head/Shoulders, Bear Flag, RSI DivergenceQuick short on NZDUSD, with multiple confirmations for short setup including RSI divergence, Rising flag, and Head and Shoulders
Possible Downtrend Continuation (Retest)We have the following factors:
H1 Rising Wedge (blue lines) + RSI Divergence
Good Price Reversal Zone
61.8 Fib Retracement
Wait for:
+ Clear PA confirmation in between the green dotted lines
+ Uptrend breakout
*otherwise I wouldn't advice taking this trade
Comments and Questions are Welcome!
Cheers!
GBPJPY STRONG SUPPORT CHANNEL AND HIDDEN DIVERGENCE Strong support channel from last 15+ days , tested multiple time now price came and stopped and consolidating on strong support channel, i can also see hidden strong divergence on same support channel which is tested for the 5th time and past 15+ day
eurnzd buy scenarioreasons to buy:
1- macd divergence
2- rsi divergence
3- break of resistance
4- break of trendline
wait for these reasons to initiate a buy a trade
Who Needs Dentist?$DLT just made 400% and looking to do more on the continuation of the trend. Lets see $DNT can do.
-Exaggerated Bullish Diversion
-Falling wedge
-Long term support
Goodluck! Not a Trading Advise!
BCHSV UptrendHi friends! Welcome to Poop's Wyckoff Analysis on $BCHSV.
BCHSV is showing signs of a textbook Wyckoff Reaccumulation.
What we have seen so far?
-There was a pause on a prior uptrend. The prior uptrend was backed by strong volume.
-There was a case build for a new uptrend, a 6 weeks of consolidation within the re-accumulation trading range.
-RSI divergence supports this observation.
The bullish trend is about to resume.
The projected move is around 90% from its current price level.
That's it friends, I looking forward for your comments on this .
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Wychoff Poop Trader
ADA Elliott Wave analysisADA has currently completed 5 subwaves of the third wave. The RSI is displaying bearish divergence, where the price goes higher, but the RSI does not. This could indicate that ADA is losing strength even though the price is increasing. This is further supported by the declining volume and rising wedge pattern, which show that the amount of buyers are decreasing. Possible shorts could target the 0.382 fib regions.
A drop in price in wave 4 can also provide an opportunity to load up on longs for the fifth wave. The 0.682 to 0.5 fib region is strong support as it is just above the previous high. Elliott Wave rules dictate that wave 4 cannot retrace past wave 1, except by a wick in leveraged markets.
On the bigger picture ADA is almost complete a larger scale fifth wave. Besides a fifth wave extension, which could very well happen if Bitcoin surges, ADA will soon make a larger correction after a short term rally, possibly dropping 20% from its local high.
Strong Oversold: Reversal/Retracement Expected. There is a strong retracement possibilty on the 4hour chart of USDJPY. The market is likely going to jump from this point. The RSI is showing the clear divergence as well looks extremely oversold. 1-4% risk on this trade is worth it.
