If you are looking for a reliable setup for a countertrend move, we have spotted a Bullish Shark Pattern that has checked back. If you are looking to stretch the target to the daily chart, Bearish Bat Pattern, I find that could be far-fetched for the time being, but I leave that decision to you.
Hello everyone, Unfortunately, we haven't seen a breakout of the trend line, what next? There are several scenarios. I personally took a position at $ 0.69 on a LONG with a stop loss below the local low. I'm counting on another breakthrough attempt. The main resistances are marked with a dashed green line. The close of the candle below the red line...
Bitcoin, Ethereum and S&P500 at SMA200 on 4h chart with hidden bullish divergence (blue dot line). Expect a price recovery soon. Gold with very low volatility - maybe further sideways action before new direction gets clear. What do you think? Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own...
Welspun India is about to boom!! - The MACD line is above the Signal line - RSI is about to cross 60 - Supertread is in green - 5 DMA is cutting 26 DMA Most Indictors are showing good strength **Disclaimer: Do Your Own Research** **Our content is intended to be used and must be used for information and education purposes only. It is very important to do your...
MACD &RSI convergence/divergence. What do you say; is it Legitimate? Do you see a flag forming there? drmikecrypto
ES1! also has a rising wedge on hourly. Also a quadruple bearish divergence between price and RSI. Looking for short trade on breakdown through the bottom of the wedge.
Well, if you had participated in the post related to this article, congratulation, you would have earned the 1st target(32pips) and moving to our 2nd target now. I've engaged the trade based on the AB=CD Pattern setup and the market form within the buy zone.
A Bullish Bat Pattern retest on the 8Range Bar. Overall the CADJPY is in a Bullish Trend. If you have plans to hop in the trend trading setup, now is the time.
If you had read my previous analysis, this is how Shark Pattern works, when the Shark Pattern hit its stop loss, it may present you another trading opportunity of a further entry price. The problem with most trader is the hesitance to engage the trade, and I can understand that, you just got stop out. You aren't certain if this should be the trade to take. The...
A Bearish Shark retest on the AUDCAD gave me an opportunity to reverse my trade. You see, I was in a Bullish Trade(you can check out the related ideas titled AUDCAD - Bullish Bat at the bottom of the @TradingView post) The market seems not able to close beyond Point D of the Bearish Shark Pattern on the 1hourly- chart for an extended period of time. I've been...
Will I engage in this Bearish Shark check back on the AUDCAD, time will time. Really. I'm waiting for the 11am(GMT+8) candle open to decide.
This is a textbook reversal pattern for SOL. War and breaking news is not textbook. This means anything can happen.
EURUSD is on a Bearish Trend, and if you are on plan to long EURUSD like I did, you are in a counter-trend trade. If you have a long EURUSD base on the Bullish Shark setup(link at the bottom), the target2 based on the textbook case has fulfilled its final target level, not for me. I'm waiting for one of the two different trading opportunities to have an...
With the price rejecting the concrete monthly psychological support twice, the evidence of a bullish RSI divergence is clear and evident on the main chart. Furthermore, the price broke a vital resistance level in the process signaling that its ready to head higher. Cheers, I hope you find this insight helpful. Please LIKE & FOLLOW for more insights into other...
Ford's chart is showing bullish divergence as the stock price decreased but the RSI and MACD have increased. This suggests that the stock may have bottomed out and is poised for a rebound. Ford has a positive growth catalyst with its electric vehicle line-up: F-150 Lightning, Mustang Mach E, and E-Transit van. The company also produces hybrids. The EVs and...
BINANCE:ALGOBTC has found support on the 0.5 Fib line and a rising trend line on the logarithmic scale. In this chart, I argue why these two signals are not strong enough and conclude that we should wait longer for a trade setup to emerge. You can follow this chart here . I hope you learn something from this video and if you like it, then please leave a like....
AUDUSD has its Bearish Shark complete and retests within sell zone. What's nice about this setup is a RSI Divergence on its retest.
LUNA had a great run within the last 24 hours. However, there is a bearish divergence on the daily time frame. Expect some pull back. Support levels are as shown on the chart. Thank you for your time and support.