H4 - Double wave up, bearish divergence.
H1 - Triple wave up, We have a strong resistance zone that has formed based on the fibo expansion levels of the waves we have.
Currently the price has reached this zone, we may now look for bearish setups with more bearish evidences in order to start looking for short term sells.
W1 - Hidden bearish divergence.
D1 - Currently it looks like a retrace is happening in the form of double wave up, price reached the 38.2% (0.67937) to 50% (0.68850) fibo retrace zone. Bearish divergence.
H4 - Price reached a critical zone formed by the fibo levels of the cycles, bearish divergence.
We may now look for bearish setups with more bearish...
From the impulse wave down in Q2 we see HBI made a .382- retracement before making a 1.27+ extension. Again from the impulse wave down in Q3 Hanes retraced again .382- it is now consolidating and interestingly we are one day away from the time period it took for HBI to breakdown in late June, early July; will history repeat itself?
FOREXCOM:CHN50 showing bearish divergence where Price makes a new high and RSI fails to make a new high
Open short position given the specs on the chart
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H4 - Price broke below the bottom of the channel, currently it looks like a retrace is happening, bearish flag pattern.
H1 - Bearish divergence, if the price moves lower and breaks below the bottom of the bearish flag pattern we may then look for more bearish evidences in order to join the bears.
If you want to be more conservative then wait for the price to...
Purely speculation based on bearish divergences and past earning's selloffs about $10.00 down if missing expectations. I bought one TREX 11/15 exp $80 strike put option looking for a nice move down. Spending $148 to make several times that if I'm right. Goodluck and as always do your own due diligence.
I really, really want Chainlink to shoot for the moon. Overall I'm a fan of the project, and I think it has a very strong use case. That said, this is hard to ignore... What do you think? Is this bearish divergence?
Daily Bearish Divergence on Link at a critical fib node. It is playing out as we speak. I don't recommend going short right now. But the best possible trade set up right now is at the pcz of the potential Bullish Cypher if we could ever get there. Risk/Reward and Exit/Stop's are depicted on the chart.
If you want to be...
Strong bearish divergences on daily and on 12H. Less volume in this last peak. This is not time to short, is time to take profits for bulls.
1.- MACD is still on bull side but histogram decreasing and almost again crossing bearish
2.- RSI going down after a strong bearish divergence on overbought area
3.- Stoch bearish divergence and crossed bearish going...
H4 - Price is moving inside a bullish channel and has currently reached the top of it, bearish divergence.
H1 - We have two critical zones that has formed based on the fibo levels of the cycles, price has reached the first critical zone, we have bearish divergence,
Until this critical zone holds we may look for bearish setups with more bearish evidences in...
As you can see in the chart, SPY has once again run into resistance at the $302 price range. The slow stochastic is overbought & seems to be turning over. There is also a bearish divergence forming between the price & RSI indicator. A 61.8% Fibonacci extension target gives us a price target that is near the current support line. It looks like a good time to take a...
EURCHF is having trouble making new October highs after hitting resistance at the daily chart’s 100 SMA!
Does this mean that the euro’s partying days are over? A quick peek at EUR/CHF’s Stochastic flashing overbought signals for the pair. What’s more, there’s also a bearish divergence on the chart!