as we had observed the Convergence in our bullish trend and it reversed the bullish trend to bearish now
We can see a Hidden Bearish Divergence with MACD and RSI, which is a sign and confirmation of Bearish Trend Continual and we can target our short for -61.8 of our Fibonacci projection which is having confluences with our 61.8 bullish Fibonacci...
as we had analysed the EURUSD on 24-08-2020
as we were bearish on the pair, i am updating that analysis based on some more new confluences.
which are a bearish hidden divergence with MACD and a break through the lower bound of formed Triangle as well as our higher time frame Chanel's top band
which was earlier a support and now turned to the...
Bearish Hidden Divergence on this pair and we have been seeing price ranging for weeks on, for a good entry I would suggest you go down to the lower tf and wait for the breakout below the range and enter at a retest of it. Cheers
Previously looking for buys at 1.23500 support but decided to wait for price to form support above 1.24055. Price may just be moving funny or wee still may have a weak pound looking bearish. I've also spotted Hidden Bearish divergence on the 1hr timeframe so we may see a nice push back to the downside.
What is the support and resistance for Apple Inc. (AAPL) stock price?
AAPL support price is $312.55 and resistance is $323.33 (based on 1 day standard deviation move).
This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAPL stock...
Hi! According to the chart, I call short because:
1. Rising Wedge pattern
2. A hidden bearish divergence between RSI and price action on 4hr and 6hr timeframe
3. Macd trend to move down
4. resistance 9k
5. RSI daily is overbought
It just my idea which is not recommended to buy or sell, and you have to manage your own risk and reward yourself.
Although a rather simple setup, I find this appealing nonetheless. Here are some key takeaways going into tomorrow's open.
- We appear to be forming a bear pennant. Note the two wicks to the upside that ended in the Daily candle closing down. It appears that Shorts are prominent along this upper resistance. The volume also appears to be in confluence with the...
We can see in 1 day chart of Lyft stock the forming of an elliot wave in the downtrent direction and the possible areas of the ABC corrective pattern.
The downtrend was also confirmed by the hidden divergence we can see in the chart with purple lines.