XAUUSD 30 Minutes Chart formed Bullish Divergence pattern. If Bullish Divergence is confirmed then Potential Rebound Retest 1786. Break Above 1786 then Open The Way To Retest 1807.81. Break Above 1807.81 then Open The Way To 1828.41. But Break Below 1752, Would Cancel Bullish Divergence and Open The Way To Retest 1736. Break Below 1736 then Open The Way To 1721.70.
BTC/USDT is in a bullish trend on 1H. The price action is forming an Ascending Triangle and testing its rising support . The bullish bias is based on the following confluence: Rising Support Bullish Hammers Fibonacci retracement of previous swing being respected between 50% and 38% Bullish Divergence on RSI Expecting bulls to push prices higher...
Looking at the 8hr chart and indicator it seems like bullish divergence. Do you agree?
CAD/JPY is in a range, forming a symmetrical triangle . The price action is currently testing an important resistance zone after forming a double bottom on support zone. I'm expecting a resistance breakout due to Double Bottom + Bullish Divergence on the RSI and Volume uptrend on OBV. Now key zone for bulls is to break above the resistance zone. While...
This Bullish Butterfly would have me believe that the VIX will rally back up to atleast the area of 34 but i wouldn't be surprised if it went into the 40s if this played out.
Set a Buy Stop! FX:EURCAD Bullish Divergence on MACD! Buy Stop set above all good resistance levels! Your feedback would be appreciated! Best of luck!
Jasmy has bottomed 3 times within this inheritly Bearish Pattern while Bullishly Diverging each time with the 3rd bottom putting in a slghtly higher low and it is now broken above the supply line here and may look to Square-Up to the upside so long as it holds above the nearby Moving Averages on the Daily.
I'm thinking we get a trend continuation here on $CRO, after that big rally a few days ago price has pulled back and bounced from the break out level There was a breakdown and retest of the 20 period H4 simple moving average and is still currently below that level, so we may see another move down before up, however i think up is more likely due to the hidden...
We areina tight range at the lows with Bullish Divergence onthe MACD and a little on the RSI if price can hold and eventually break the moving averages from here i can see itgoing up to as high as a 1.618 Extension.
D1 - Price respected a psychological level and is bouncing higher. Bullish divergence. H1 - Bullish divergence. Higher highs. Until the strong support zone holds my short term view remains bullish here. If we get a valid breakout above the high at 0.98050 we may then consider it as a validation for this bullish view.
EURUSD formed Bullish DIvergence (RSI Higher, Price Lower) and then broke its bearish trendline. Now, EURUSD is testing its MA 200 H4 and FIbo 50% around 1.0283. Break Above 1.0283 Retarget 1.0361. Break & Hold Above 1.0361 Retarget 1.0473 & 1.0615. Strong Resistance at 1.0615. But Fail To Break Above 1.0283, Retarget 1.0108. Break & Hold Below 1.0108, Bearish....
GBPUSD formed Bullish DIvergence (RSI Higher, Price Lower) and then broke its the bearish trendline. While Above 1.2133 the potential target 1.2341. IF Break Above 1.2341, then Open The Way to Retest 1.2490 & 1.2679. Strong Resistance 1.2679 But, IF Break Below 1.2133, then Open The Way to Retest 1.2004. Strong Support at 1.1796
1 1/2 month H&S bottom bullish pattern. Pull backs light and normal. Today's print is a hammer candle. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
A few months ago every tradable asset associated with the Terra Ecosystem had major crash and Anchor Protocol was one of the assets affected. Since then ANC has been sitting here at these lows forming Bullish Divergence on the RSI and the MACD is refusing to turn negative as ANC Trades within this price range despite the steadily declining price. I believe that...
Price action and chart pattern trading setup: > Wave projection possible intermediate 4-wave rebound with inverted head & shoulders reversal pattern and MACD bullish divergence > Entry @ Neckline pullback > Target @ H&S Target or 0.386 retracement of previous 3-wave +6% upside > Stop @ right shoulder - 3% downside > RRR: 2:1 The downtrend target C-wave or final...
D1 - Price respected a key support zone and is bouncing higher from this zone. Bullish divergence. H4 - Bullish divergence. Higher highs. Until the key support zone holds I expect the price to move higher further in the short term.
Interesting bullish divergence that is depicted on MNRL as accumulation area could end as a reversal pattern if pattern completes.
This is the Second Bullish Entry of the week for BTC showing what looks to be a Double Bottom with RSI Bullish Divergence at a Support/Resistrance Level.