Divergencebearish

EUR/USD is positioned at the top of two long-term channels As you can see, EUR/USD OANDA:EURUSD is currently testing the upper boundary of two major channels on both the weekly and daily timeframes. 1) Daily Timeframe Analysis On the daily chart, the dollar completed a five-wave impulsive move into the channel’s upper resistance. After reaching this level, price has started a correction. Wave A has already finished with a clear five-wave structure. Price is now forming wave B. Based on the current structure, wave B is likely to extend: At mini

by AG-Precision-Trading

📊 Divergence Cheat Sheet Divergences, whether bullish or bearish in nature, have been classified according to their levels of strength. The strongest divergences are Class A divergences; exhibiting less strength are Class B divergences; and the weakest divergences are Class C. The best trading opportunities are indicated by Class A divergences, while Class B and C divergences represent choppy market action and should generally be ignored. 🔷 Class A bearish divergences occur when prices rise to a new high but the osc

GOING SHORT IN LTCUSD Bearish Indications 1. Double Top Formation 2. Significant Resistance 3. Bearish ABCD Pattern 4. Bearish Divergence Bullish Indications 1. Higher Highs and Lows

GOING SHORT IN XAGUSD BY TRADING STRATEGY Bullish Indications 1. Higher Highs and Lows 2. Trend line not broken Bearish Indications (BIASED SHORT) 1. Rejected from Resistance Area 2. Double TOP OR BAT Pattern Formation In Progress 3. AB=CD Reversal Pattern 4. Formation of Bearish Divergence

Hidden bearish divergence spotted on EURUSD, SELL OPPORTUNITY Hello traders, welcome back to my divergence trading idea. Today, EURUSD form a Hidden Bearish Divergence on the H4 TF as price had made a Lower High (LH) while the RSI Indicator had made a Higher High indicating price can move further down as the price is in a downtrend. Also on the H4 TF, price rejected the recent high trendline around 1.11203 which could mean more sellers are coming in. A trade entry can be made around 1.10285 with TP placed around 1.08461 and SL around 1.10863. The RRR i

by babasholajoshua

Incoming potential Avalanche (CHFJPY)Since price has been failing to break and make new highs I forsee an avalanche. The convincing factor is that there seems to be a clean divergence in the RSI on the daily time frame. Looking for a break to downside. Of course nothing is 100% in forex! trade safe!!

by TensaiTrader

Potential EURJPY short trade Bearish Elliot Wave (EW) currently in progress, with EW4 potentially forming a Bearish Divergence which may tag the 200 Moving Average before it's descent. Potential supply zone ALSO at 124.679. According the EW analysis the potential EW4 forming could find supply (resistance) at the end of EW1. Alerts set at 124.679 Let's watch and wait Bear Trader.

Potential short trade AUDUSD 4HR Potentially Bearish Divergence @ the 200 Moving Average. Price had previous completed a 3 wave correction followed by an impulsive move up with a small pull back, in which the impulsive move could continue up and find resistance at the 200 Moving Average along with a potential supply zone @ 0.72354/0.72226. Alerts set @ 0.72265 Still Bullish for the mean time Watch and Wait Bear Trader.

$TSLA Top?$tsla top is in if weekly closes red imo

We hope a the price in Fibonacci zones important Hello guys, in this technical analysis, its one of the complicated for me. because we see a lot figures in the past. So, I found out that sterling is in buy off. Because there are a news of investing what I found it in the past hours. "The U.K. prime minister Boris Johnson say is thay he expected from U.k. to relax social distancing guidelines on growing hopes for Britain's economic recovery" So, this message of Boris it's was impact and has a good indicator from the U.K., and the contrary, to

by harisonhbn9718