I have identified triple MACD Bearish Divergence on the daily timeframe after hitting and briefly exceeding the PCZ of a Bearish Gartley. Entry: $12.5 - $13 SL: $14 TP: $5
Bitcoin has found some bullish support at the horizontal base of the pattern, this area is going to need to hold if we're going to see continued upside price action. The RSI is forming lower high after lower high, clearly a bearish divergence noticeable since back in December 2020. On the KST we've seen a bullish cross.
Hi every one British Pound / U.S. Dollar GBP/USD chart has formed a ascending triangle which means the price will rise but just as high as measured price movement(AB) so It means AB=CD and we expect the growth to be like that, WAIT FOR BREAKING And the closing of the candle Bearish Divergence shows us that prices will fall Traders, if you liked this idea or...
The daily chart of the S&P500 shows price in an uptrend channel while currently trending in the lower half of the channel which is the weaker half of the channel where price is most susceptible to declines. For now the price candles remain green on the daily chart which indicate bullish momentum behind price. Most obvious on the chart right now is a bearish...
APT has been forming Higher Highs and has been in a superb uptrend but now it looks very risky at such elevated levels. As we can see that it has been supported by the upward trendline, we should also notice a Bearish Divergent MACD Cross which indicates that the Bullish Momentum may be running out of steam for now. I believe that if we see the trendline break,...
The DJI has formed a Rising Wedge Pattern, the RSI is also showing a Bearish Divergence. Good luck betting against the Fed propping up markets, but it might be smart to take a little caution here.
The cross pair is showing bullish weakness and chances are price action will dictate bullish sentiment based on a touch of upper trendline. Rsi and PA are diverging thus strengthening the bearish sentiment. Trade settings are shown on the chart. Stops will be trailed according to PA.
it's not looking very good for QQQ at the moment. Now might be a good time to buy some SQQQ.
Neckline of a potential double top has been broken, now targeting support for profit taking.
We got bearish divergence on the weekly and a break of diagonal support on the daily along with that the DXY is breaking out, I think the USD is about to make a comeback! I will leave a link to my DXY chart under related.
Bitcoin has been creating so many moderately predicable bullish patterns, however, it's tricky swing trading due to fake-outs occurring regularly. Clearly, BTC is trading in a Bullish Pennant, however, that's always subject to change if the green upward sloping support of the pattern doesn't hold. I have colored the bullish pennant green for ease of...
If some bearish divergence shows up on the daily chart we could see some downside to 30k where I'm sure a LOT of interest will be waiting. ================== Please take it with a pinch of salt as we all know that ANYTHING CAN HAPPEN.
Twitter on the daily has been looking questionable recently with 2 daily spinning tops in a row while quietly going down. You're also showing an argument for Bearish Divergence on the weekly MACD and RSI with very weak looking price action: I expect a 78.6% retrace out of this.
I have spotted some extreme amounts of bearish divergence on the AMD weekly I will be entering short now.