Nifty spot cmp 12000 levels Bearish bat pattern on daily time frame.. PRZ zone around 11800 to 11900 levels good shorting opportunity Pattern violation above 12450 levels RSI making bearish divergence,, Indicators over bought,, Pattern confirmation below 11650 levels,, once pattern confirms can see fall of 10-15-18% Price levels around 10790-10414-10035,,,,
entered a long here, have bullish divs printed with good daily candle close, HTF FIbs holding along with Pivots S3 Target red line first & if all goes well might end up making an iHNS
A potential head and shoulders setup with RSI Divergence is a valid setup for me to engage the trade. It has a great Reward: Risk(RRR), sell limit has been placed.
A counter-trend setup on the USDJPY trade, pending order, has been placed to capture the bullish bat trading opportunity.
A bearish Shark Pattern check back for a shorting opportunity, I've placed the pending order to short the market and will have extended target sent to my community. Check out the link in my bio or at my signature, and join our vibrant community chat.
Waiting for a type2 bearish butterfly shorting opportunity on this pair. On the 4-hourly timeframe, this is still a trend trading setup. Whether to engage this trade will depend on how the current candle close. Actual target will be sent to our community, check out the link at the signature.
HI TRADERS! This BTC support Area is strong so far and when RSI help it, gonna be good sign. A strong support {9800-10000) kept btc above support area and couple times Bitcoin touched it,as price action aspect we can say many buy orders triggered in this area which push btc up 200-300$ anytime therefore it is important support because of technical and Psychology...
Following up with Uber stock movement, it's clear that we are near/at the end of fifth wave ( Greened ) and I expect a correction to the 35-36 zone before going higher. That is confirmed by the strong bearish divergence signal as you can see in the chart b/w the price and the RSI indicator.
looks set for a upmove rsi has a divergence.
Hi everyone, I am exhausted. I have been up until 5am these past couple nights charting, and letting out blog posts, so it is nice to be able to post a bit earlier and get a good night of sleep. Anyway, let's get into the trade setup.- The pair we are looking at today is CHFJPY. What initially intrigued me about this pair, was the elliott wave structure on the...
it would be super bullish to see the rsi bottom out and price hold on the long term diagonal with a nice big azz divergence!
Few patterns are forming on the chart 1. we are trading inside a possible Broadening Wedge & about to hit R2 resistance on monthly charts hence looking to enter short position. 2. RSI Divergence - look on the left, see what happened back in 2019 elections are coming up in November so i think market will top out around that time, i am gonna wait for MONTHLY...
Friday spotted is a trading opportunity, a bullish bat pattern, but why I didn't engage. Other than it's Friday, it's the strong bearish movement of the currency movement. I would rather miss the trade than to see that the market gap against me when the market open.
Waiting for a shorting opportunity within the sell zone, this will be a trend reversal trade I'm looking to engage as the Daily Chart shows RSI Divergence. It could be as simple as a retest of previous support level turn resistance or a bearish bat pattern form within the sell zone to engage the trade.
Does any think this bearish RSI divergence will get $BTC back below $10K?
There are a few things to pay attention to on the chart here - First we notice that price has reached a convergence between a short term down trend and long term up trend, the implication here is that we should expect a break out - Second we also have a support level that we are retesting here forming a potential double bottom - Third we notice that the...
Can't wait for market to open and I'll dive in for a shorting opportunity on this head and shoulders setup. EURJPY may collapse beyond the head and shoulder setup as the RSI Divergence is spotted on the daily chart which may be the start of a trend reversal setup.
IGL has AB=CD pattern along with RSI positive divergence. Can be bought at CMP or wait till 378.50 PRZ... Targets on chart