Search in ideas for "divergence"
divergence in progress ?divergence on 4 H timeframe; its a countertrend move ( against daily trend and again main trend on 4hr chart) if you want to trade this divergence use a 1:2 or 1:1 risk : reward ratio.
Divergence, double bottomDivergence and double bottom on GBPUSD... don't enter yet, wait for price to reach the limit with a higher high and higher low.
DivergenceDivergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
Basically there are four majour divergence,such as Regular Bullish,Regular Bearish,Hidden Bullish and Hidden Bearish.
Divergence USDJPY divergence If anyone is good with elliot wave and rsi divergence please comment. I believe this is known as reverse bullish. would appreciate some input
Also found an elliot wave inside my other Elliot wave so since the first correction was pretty close to the mark i guess this one should be pretty close too.
I dont pretend to know how long the dollar will drop all i know is the drop is slower than the climb which tells me a lot. I also want to see if friday will continue a down trend. I think the trade will probably go thru the weekend
im just gonna set a price order to catch a piece of the spike
This is not investment advice
DivergenceDivergence <3 the downtrend is coming yall . im gonna wait for it to go down then test resistance befoe jumping in tho(just to be safe) :D
Make Things As Simple As Possible
Divergence in playBoth MFI and RSI showing a nice divergence with potential for longs. Target around 84 where a cypher pattern completes.
GBP/JPY Short Trade Setup: MacD Divergence + Stoch CrossDivergence indicates market weakness. Could be a small retrace or start of trend reversal.
Divergence points to a turn south, possibly to 8200 or lower.This kind of very sharp divergence is usually quite a reliable sign of the steam being taken out of a market. Expecting a pullback to maybe the 8200 area. Could be until next week.
divergence on multiple timeframesDivergences on multiple timeframes often give a good signal for a bounce. A bit too late to get the best price possible.
I've been seeing a lot of bounces favouring the triple divergence. If it lowers to the .786 fib whilst making a triple divergence it can make for a very good trade.
Divergence trade: AUDUSD sell setupnow we are in a corrective phase. it can be WXY pattern.
look at divergence.
first target is 50% of Y and second target is end of X; if it moves fast, i will move my second target below X wave.
Divergence 2hr on AvaxDivergence occurs when price makes higher highs, while indicators paint lower lows or vice versa. Simply put, divergence is when price direction contradicts indicator direction, creating a noticeable conflicting pattern.
A bullish divergence occurs when the RSI displays an oversold reading followed by a higher low that appears with lower lows in the price. This may indicate rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.The bearish is opposite to it
Divergence with MACD in GBPUSD 4hDivergence between the price of the GBPUSD and the MACD indicator near the Resistance at 1.32690. If it's rejected again, I think the price will look for the 200 period MA.
My strategy:
Risk/Profit Ratio: 1:3.38
SELL LIMIT 1.3269
TP 1.30500
SL 1.33000
Divergence with MACD in AUDUSD 4hDivergence between the price of the AUDUSD and the MACD indicator near the Resistance at 0.73500. If it's rejected again, I think the price will look for the 200 period MA.
My strategy:
Risk/Profit Ratio: 1:5
SELL STOP 0.73500
TP 0.72500
SL 0.73700
Divergence and wedge! Divergence and wedge! One more upper line touching and returning to go down I beleive!
