D1 - expecting to see another wave down. The assumption at the moment is, that we have first leg down, followed by range/zigzag/consolidation and we are about to see another wave down.
Well, I made a COL (charting out loud) video, but it failed to upload. This video is a chart review of the 4hr chart I made in that video. The second half of this is a COL video for a quick 30min timeframe chart. I will publish the 4hr chart if it survives the current grind its undergoing. The takeaway? We are in a falling channel, inside of a rising channel,...
The Fiber has just completed a 12345 impulsive long move and a bigger335 running flat correction on the daily. Divergence was identified on the daily timeframe and a breakout of structure on the 1hr time frame. At this point EURUSD is ready to start a new WAVE 3 impulsive move on the weekly timeframe . SL @1.17585 and 1st TP @1.22581 NB: Do not risk more than 1%...
D1 - potential bearish divergence along with resistance zone H1 - multiple false breaks + bearish divergences Expecting continuation lower once and if we get a reversal (break and close below the H1 level) confirmed by MACD as convergence.
D1 - potential yet (not completed) bearish divergence + double top H4 - bearish divergence + bearish convergence Looking for pullbacks to be sold. Invalidation - 1.9980
D1 - slow down of the bearish trend + bullish divergences H4 - bullish convergence Expecting at least one more leg up as long as the swing low holds.
Reason: 1. Bearish OB 2. Divergence 3. Key resistance
Reason: 1. Potential accumulation phase 2. Mitigated 1H OB 3. Divergence on 30m timeframe
Reason: 1. Break of structure 2. Mitigated OB 3. Divergence 4. The market created a potential Spring
Hello dear community, here is briefly covered Divergences topic on Bitcoin. Divergences on RSI is one of my favourite trading signals.
D1 bearish divergence + resistance levels H4 bearish convergence H1 bearish convergence
W1 - good resistance + potential bearish div. H4 - bearish convergence H1 - bearish impulse. Looking for pullbacks and sells. NOTE - the higher time frames are suggesting another possible wave up. Do your risk and money management accordingly.
Expecting D1 to create another wave down before further continuation up H4 - top of the consolidation zone H1 multiple divergences. Looking for convergence on H1 to validate bearish pressure.
Price reached key resistance #1 and currently holding below it. H4 bearish hidden divergence. H1 bearish regular divergence. Looking for continuation lower. If the first level marked on the chart doesn't hold, i will look for sell opportunities at the next key resistance above.
W1 - bearish hidden. Expecting further continuation lower. D1 - Potential bearish divergence H4 - Potential bearish divergence. In the long run i'd look for sell setups only. However in the mid-short term scale, we might be taking advantage from bullish as well as bearish opportunities. It is all based on resistance where the price is trading at the moment....
My millionaire Mentor Richard taught me his divergence play set up and said if HD ever comes down start looking for Divergence.... So here we are. We have Divergence and Keycode is set to a strong play in the past where price action is contained inside of it at at least 95% or better. I made a key code of the price action then found an exact match to this move in...
D1 - holding a key support zone, no signs against, bullish hidden div H4 - bullish div, false break, trend line breakout Expecting continuation higher as long as the key support zone holds.
D1 bullish structure + bearish divergence + resistance zone(s) on the way H4/H1 - bearish structure completed, looking for pullback and sells