As it states in the title, hidden negative divergence for the Nas100.
I expect BTC Dominance to retest 48%, then get rejected and breakdown from its range. The support is at 35%, which means that in the 3-5 months that follow this breakdown, the Alts will outperform BTC by 13%.
Price rises to lower highs when RSI rising, hence 'hidden divergence'; RSI looks bullish but price remains bearish, each rally a bulltrap. Some of these rallies can get pretty fierce, shaking bears loose and sending shorts for cover. Then the trend resumes, trapping bulls. These bear market whipsaws just kill all the players. When you're in these, you get the...
Bulls thinking "wow! what a discount". But this is just more of the same and bulls haven't learned a thing. Hidden bearish divergence suggests this will continue to fall.
Hidden bearish divergence suggests that the AUDUSD will resume the larger trend down and we have not bottomed yet. A new low? We can't not say. This is not a buy here. Most instruments are showing similar divergences.
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 XAU/USD (Gold) Sell. Enjoy the day all. Cheers. Jim
Hidden negative divergence suggests that the NZDUSD will resume the larger trend lower. A similar condition is happening in the AUSDUSD.
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 XAG/USD (Silver) 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 EUR/USD Sell. Enjoy the day all. Cheers. Jim
We may be in a longer term trend change but pullbacks are not a good time to buy and possibly trade short instead. This 4hr hidden divergence suggests that AUD will pullback and we can wait for the 4hr Stochastic RSI to set up a new buy signal in the near future. For now this is a sell or wait patiently for the buy set up.
The price is revisiting the Fibonacci Retracement short zone at 88.6%-78.6% range showing candlestick weak in a bearish hidden divergence with Fisher Transform and Awesome oscillator, facing great selling pressure, forming bearish pivot point to a short recharging.
The setup for Facebook is still looking quite Bullish as it's double bottomed and Reacted at the PCZ of the Bullish Cypher that can be seen in the related tab it's currently targeting a Gapfill to the upside; However Twitter is starting to look quite Bearish on the 4 hour and if it starts going down from here it will have confirmed Hidden Bearish Divergence on the...
Look for an entry between 250-253 Approaching bullish trend resistance. Bearish Divergence on the Daily time frame. Entry $252.25 TP 1 $248.24 TP 2 $246.15 TP 3 $242.40
I will be Selling Monthly and Quarterly Calls against the SQQQ at the $47.5 Strike as well as using this chart to establish a Bullish Bias on other trades.
Hello Traders Here is an idea to trade the German Index next week. Last Wednesday we saw a break through the neckline. If someone missed this chance to go short, there will be another two chances next week. One at the resistance between 14300 & 14330 and the second at 14200. TP is at 13700 - 13750. Good Trades!!!
Congrats to those who continued to hold on to this short signal. We might see it bounce from the 0.618 level in which case I might be long on this coin and I do see a hidden bullish divergence on the RSI Move SL in front of the entry and remember to book some profits!
We are trying to hold a demand line of a rising wedge pattern but are showing clear Hidden Bearish Divergence on the Daily and are likely to rollover rather than hold and upon breaking down one would expect it to come down to fill the gap below us at around $15.50
Chart Even t: Bearish Divergences on multiple timeframes. Rising wedge pattern on 65m and lower timeframes. Confluence : Bearish Divergence on 65m timeframe. Hidden Bearish Divergence on daily timeframe. Rising Wedge pattern (bearish) on 65m and lower timeframes. MACD very wide. Volume decreasing. Death Cross moving average event occurred a few days ago. Price...