Daily and 4HR bias BEARISH Price retraced to 0.79 level printing a hidden bearish divergence with RSI in 65-70 band which makes this trade a highly probable one. Target 0.27 extension.
Price and RSI are forming a hidden divergence which could be bearish for stock market (SPY). There is still a chance we go higher (above resistance at 272) and invalidate this pattern. Am not trading this, just an idea.
1. Fibonacci retracement on 78.60% 2. Resistance on 1310-1320 3. Hidden bearish divergence There is beauty in simplicity... OANDA:XAUUSD
Here a year old descending channel... 1) PA is on the top of the channel, 2) PA is touching the EMA100 (blue). 3) Stochastic is over the 80 level (K hasn't crossed D yet) and starting to turn. 4) Hidden Bearish Divergence. Everything points to a trend continuation trade. Very important news on the Dollar side, tomorrow and Monday morning. Another pair to...
Hi friends! Welcome to Poop's wave count analysis on $FCT. If you have missed the November pump, now is your second chance to ride the #FCT Bullish Cycle. The previous uptrend (wave 1) had a very significant volume and the succeeding price correction (wave 2) had a weak volume which gives us the conclusion that we have a bullish trend. We just completed wave 2...
This raising channel already gave us some nice pips a couple of months ago... now there is a nice bounce on the lows with a clear Bullish Hidden Divergence... I'm keeping an eye on it... K is already crossing D (for those how like to enter on this condition)... I think I'm gonna wait for the lower level to be crossed or PA reaching the .236 retracement at...
Hi friends! Welcome to waves update analysis, among the few coins with huge announcements and had been among the top 5 in volume since it moved first week of December. Waves recently caught my attention printing a very interesting widening mouth pattern that could drive waves higher. Its currently sitting on its 12 EMA with a very nice doji candle close with...
BTC developing hidden bearish divergence on 2D candle chart, let see how this will evolve.
Hidden divergence means trend continuation. So I set up two OCO trades - one on breakout of previous daily candle and the other if price pullbacks again to lower channel boundary. Both trades with the same stop losses and targets. In this case also Wolfe wave would be completed, if charted counting is of any use. Let's see how it will turn out. Disclaimer: this...
I believe we are in a falling wedge pattern which could potentially take us to 6.42 and coincides with the fib retracement( GOLDEN POCKET) between 0.618 and 0.65, the 200MA marks the end of the wedge and could be considered as strong support for this move upwards. Also there is strong hidden bullish divergence on MACD & RSI ... - Ofcourse we must not disregard a...
Bitcoin Diamond is one of the BTC forks which can demonstrate periodical pumps and downs. Currently we see that from the previous pump the price was in corrective downtrend till the end of the triangle where it bounced and started sideways trend. The price is now at the Fib 0.786 support level and seems to be ready for another run. We see a hidden bullish...
Momentum of 300 periods hit a trendline, exposing hidden bearish divergence. Price should be pushed down.
With the upcoming imminent release of BullFilter 1.3 to our subscribers I wanted to highlight the new features in a series of ideas. In trading, divergence is a concept that forms on your chart and results from the price action of a security moving in opposite direction to the indicator value. What you need to know is that positive (bullish) divergence happens...
Dear Traders, Gold is about to make a nice move in the next month or so. Gold's price hit an oversold point 1 week ago and the price immediately reacted with a nice bounce off creating a hidden divergence, which is very bullish. I can say with certainty that the gold's price will go higher in the upcoming days, weeks.
H4 - Price has reached the trend line, hidden divergence. If we didn't get a valid breakout here, we may then expect the price to respect this trend line and move higher. We may then start looking for buys with bullish evidences. H1 - If we get a trend line breakout with momentum, then look for corrections and then start looking for sells with bearish evidences.
The RSI appears to be showing hidden bearish divergence on the hourly time-frame in comparison to the price with Lower Highs on the price (LH) and Higher Lows on the RSI (HL), which is a bearish continuation pattern. For MACD to match RSI and further confirm the divergence, I suspect we'll see one more push to the mid 20's and then a drop to either 195 or...
Both week and day timeframe for CHFJPY is turned up. Price retraced to a previous high acting as support. We can see a bullish hidden divergence from MACD-histogram. This trade is also traded in copy robots along with other JPY trades.
D1 - Price is at the top of the bearish channel, hidden bearish divergence. H1 - Bearish divergence. If the price breaks and holds below the uptrend line, we may consider this as an evidence of bearish pressure and then we may start looking for the sells. Invalidation – If the price moves higher, breaks and holds above the previous high, then this setup will be...