Rsidivergence
CADJPY - Short #Forex #ForexTrading #ForexChartWaiting for an entry reason of my own but this could be setting up really nice for a short.
Momentum clearly slowing down with every push after the initial impulse leg.
waiting for a nice entry reason and i will be going short.
RSI divergence clearly at overbought territory
Any questions feel free to ask
GOLD RSI Divergence may end the bullish run XAU/USDClearly visible RSI divregence (purple trend lines) on Gold's daily chart. This may not be the right time to invest in Gold. Correction has 2 targets initially and these are 1486$ and 1454$ relatively.
Due to many people invested on Gold at 1200's and 1300's, once the downtrend will start, these people wouold close their positions and take their profits. As a result, the bearish trend would go steeper.
LENDBTC Retest done now pump is coming buy : 51 52
sell : 5 to 30 %
sl : 5%
only and only closing above 52 else invalidate
Trade Ideas Educator: GBPJPY BatHaving Point C touches Point A, this isn't my favourite bat pattern, hence, I didn't place a pending order nor engage the trade right after.
Having an uptrend channel with an RSI Divergence does give me some temptation in engaging the trade but not as enough as the channel was broken.
I will then wait for a retracement for a shorting opportunity.
NZDUSD - Daily - Beginning of a profitable uptrend?Important test for the NZDUSD. After the first touch and rejection of the support (last minimum of 2015) , price is approaching it again. A further rejection may lead to the beginning of a profitable uptrend.
Analyzing the RSI, breakout @32 level when the rejection occurred, and now it is retesting this level. A further rejection upwards may be the first signal of inversion of the trend. Besides on the 4H TF there's a divergence: lower low for price - high low on RSI.
Entry @0.6276
TP @0.6433
SL @0.6243
R/R 4.9
Trade Ideas Educator: NZDUSD SharkBearish Shark setup at the extreme, I've already shorted the market is because of 3 reasons.
1) RSI Divergence on this setup
2) My Harmonic Pattern Assistance Software spotted this and deem this as valid.
3) Sell Arrow in my system showed up
4) A Pin Bar/ Long shadow candle shows up with a bearish engulfing candle
5) A perfect Rewards: Risk even when the market only touches 1st Target.
Trade Ideas Educator : AUDCAD SharkA bearish shark setup that I deliberately didn't take the trade because on last Wednesday 4Sep19 there is a Canada Rate decision marked by the red eclipse. Such an event can swing the trade both way and I'm not going to gamble again.
Heard of that phrase, there's always another chance, so here it goes, 2nd chance entry I didn't take again as its Friday and market are about to close. Will wait for either market open, observe the movement before engaging the trade or to wait for the retracement to happen.
INSBTC BULLISH 1 Hourwell breakout is done and looking good to me
15 min Bullish Divergence in RSI
Very good you can buy near 247 if comes i'm also later let's see
And a humble request please book small profit or whatever you get 1-3% it's an request we are not in a good market right now
Trade Ideas Educator: NZDUSD CrabA bullish crab setup as a countertrend trade. I have realised that lots of time the crab pattern do extend towards PEZ at times beyond PEZ before returning to profit area.
If you like to trade this, you have to manage your expectation. But if is done well, it can be profitable.
Trade Ideas Position: GBPAUD BatBearish Bat trading opportunity on this setup. To many harmonic patterns traders, this bearish bat might already be invalid but not for me. The red line act as a Profit Trend Line, if you don't know what is Profit Trend Line then you might have learned this from the wrong source.
It is still valid for a short because it does show a series of lower-high and RSI Divergence in the earlier part.
It is still a countertrend trade, if this doesn't feels right to you, don't enter.
Bullish Divergence And 50% Gain PotentialETH/USD is looking like a good potential buy right now, especially if price can break out of the falling wedge. The biggest thing i noticed from this chart was that there is a bullish divergence between price action and RSI. This is a great sign and i anticipate price to touch the upper resistance within the next two weeks. This would be about a 50% gain. I think ETH is due for a big spike. I am going to scale in but will be watching closely to make sure price does not break below that long term support line.
*This is not financial advice. I am not responsible for any losses of money.*