Hidden MACD Bearish Divergence at the PCZ of a Bearish Bat on the 2 Hour
Gold is in a downtrend but and pulled back significantly to an August high. It has created hidden bearish divergence on the MACD which signals a probable continuation to the downside. my target on the daily TF is 1650.00
We have Hidden Bearish Divergence and a Bullish 3 Line Strike on the Monthly Chart which will prolly take the AUD back down near the bottom of the range.
TLDR: Lots of well established TA suggests OP takes out the previous lows at 0.41. Analysis I am going to begin with the divergence primer just in case a reader is unfamilar with the divergences and what they mean. Divergence Primer Classic Divergence (Trend Reversal) Bearish: Higher highs on price action but lower highs on the indicator Bullish: Lower...
We have a Bearish Bump and Run Reversal Top that is Breaking Down on BNB as we show Hidden Bearish Divergence on the Weekly Timeframe. It should first come down to the 88.6% Retrace at $21 but if that doesn't hold don't be surprised to see it come down to the 1.618 Extension at $1.175.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CHF Sell. Enjoy the day all. Cheers. Jim
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XUA/USD (Gold) Sell. Enjoy the day all. Cheers. Jim
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/USD Sell. Enjoy the day all. Cheers. Jim
The Dow Jones is still in a downtrend even though we had the recent bullish pullback an this is evidenced by the formation of hidden divergence. The formation of hidden divergence usually means a continuation of the established trend will continue. The red lines on the price action and on the MACD, give you the setup. My target would be 31,000 and then 28,750 The...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/USD Sell. This the 4th open Sell trade now on this pair. Enjoy the day all. Cheers. Jim
CHAINLINK has been trading within this range for the last few months and recently has put in a Partial Decline; However it has formed a Bearish Bat on the Way up and may look to make a 50%-78.6% Retrace before continuing back up again to Bullishly Breakout. So i would say the short entry is here and the profit target is between the 50 and 61.8 Retrace. Before...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CHF Sell. Enjoy the day all. Cheers. Jim
Bitcoin short-term view - BTC needs to get above $24.666... (a) ... to avoid a hidden bearish divergence on RSI (b) a correction might find a stop at $23.054 - $23.328 (FIB golden pocket + SMA + EMA) What do you think dear Crypto Nation? *not financial advice do your own research before investing
Flow at important volume resistance combined with a bullish MA-Ribbon bullish But we also see a hidden bearish divergence with a lower high on price but higher high on RSI A correction is more than likely IMO - but MA-Ribbon might be new support for more breakout trials dear Crypto Nation Drop me a nice comment about your thoughts *not financial advice do your...
I think it will pullback and make a 50% retrace from here.
We Have Hidden Bearsh Divergence at a lvl of previous resistance on the 1 Hour within a Rising Wedge
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/CAD Sell. Enjoy the day all. Cheers. Jim
NZDUSD hidden negative divergence suggests that the NZD will move down further and this is not the bottom. Bulls are thinking 'great, double bottom" but this suggests there the NZD remains weak and the selloff should likely continue. We need a conter trend candle (a red candle)to confirm the entry point. Stops: 20 pips or so stop. We are aiming for a lower low...