Coca-Cola has formed an Inverted Roof Topping Pattern and is Currently Breaking Down after Bearishly Diverging on the weekly and Bearishly Engulfing on the monthly; if things go as expected then Coca-Cola will come down to make at least a 61.8% Retrace, but I think it could go all the wa down to as low as the 0.886 as all the Defensive Plays begin to deflate.
ABC currently is Bearishly Diverging on the MACD and RSI around the 2.414-2.618 PCZ of a Bearish AB=CD where it has also developed a Bearish 3 Drives Pattern and a Bearish Shark. If we get the action I'm expecting to see from here, it will come down and break through the trend line and then continue down to the 0.886 retrace at $77 in a dramatic way.
H4 - Bearish divergence.
Lower lows.
No opposite signs.
H1 - Bearish trend pattern.
Until the two strong resistance zones hold my short term view remains bearish here.
UK100 recently make a nice bullish impulse and seems like fail to maintain it. Currently the instrument is looking for Right shoulder. If it successfully form HnS then we are looking for 7550 followed by 7500 to downside.
As you can see in the chart, this is a very simple setup:
When we look at the big picture, we have a dead cat bounce breakout retest pattern.
As confirmation, we have a clear RSI bearish divergence and a descending triangle, which can be a good entry point.
As targets we have the clear support levels and we set an stop loss at the last swing high, so in case...
GBPJPY was in nice bullish momentum but now currently facing a sell pressure from bearish divergence. Will bearish divergence play its role and put the pair into 172.50 region ?
BINANCE:LDOUSDT.P
LDO - Short Setup
When price Break of H.L. Enter for Short
Target and SL Mentioned
Double Top and Bearish Divergence show weakness in price momentum in coming hours.
Bearish Divergence at 1 hr time frame. Also, NASDAQ is at the top point of the year. Here we can see a correction or trend going downwards. Also, there is high-impact news on Monday (ISM Services PMI). You can take appropriate risks and rewards by calculations according to your account size.
As I have calculated for myself.
EP - 14429
SL - 14560
TP - 14258
Lots...
General Mills after an amazing Cup with handle performance is now showing a multitude of Bearish Signs such as a Shortening of the Thrust in conjunction with Bearish Divergence of the MACD and RSI and a Bearish Engulfing candle on the Monthly Chart; this all points towards the probability that General Mills will be seeing some significant downside in the coming...
GME on the 4H chart appears to have topped out at the end of May after a decent rise of
30% after the May 2nd bottom. At present, the Hull Suite trend indicator is signaling a
reversal while the MACD zer0 lag indicator shows the lines have crossed under the horizontal
zero and the histogram has turned red. The RSI Indicator is showing a bearish divergence...
DXY dropped out of its 4h uptrend, presently re-testing a 2nd time after failing to reclaim the channel the first time. RSI is diverging bearish against price.
CADJPY was in bullish trend and then form bearish divergence, and now it seems like bullish behavior is vanishing.
Recently it also broke through long term inclining trendline. After successful retest of broken trendline and broken structure will confirm a new bearish trend.
Intuitive Surgical is in the Medical-Systems/Equip Group, develops an advanced surgical system designed to improve open surgery and minimally invasive surgery.
After the earnings gap up, price has been still going up but volume has been drecreasing along with momentum.
This bearish divergnece is signaling a needed pause for $NASDAQ:ISRG.
Even if breaks above...
Hello Guys.
Hope you have good times and great trades too!
Today i'm going to explain why GOLD will fall to at least 1930 in coming days.
First of all as you can see in my chart we see a strong Bearish Divergence Between
RSI and price in Daily TF , that i show them with white lines.
Next , We can see a Evening Star Pattern in this strong Resistance level(2050...
H4 - Price is bouncing lower from a key resistance zone.
Bearish divergence.
No opposite signs.
H1 - Bearish divergence.
Lower lows.
Until the key resistance zone holds I expect the price to move lower further after pullbacks.
We have 3 instances of Bearish Divergence just pass the PCZ of the Bearish Shark and it now looks to be testing those highs perhaps for the last time before it begins to fall.
Bearish divergence refers to a technical pattern that occurs when there is a discrepancy between the price movement of an asset and its relative strength index (RSI) indicator. In the case of Bank Nifty on the daily chart, a bearish divergence on the RSI suggests a potential reversal or weakness in the uptrend of the index.
The RSI is a popular momentum...
DIVERGENCE is when the price of a scrip is moving in opposite direction of an indicator, usually an oscillator. It acts as a warning that the price trend may be getting weaker. It does not necessarily mean that the trend will reverse. It could signal an exhaustion of the current trend, the beginning of a period of consolidation or a medium to long term...
