Divergence, falling wedge, price gets squezed, time to fly?
It sounds crazy but this could be a valid scenario, with a lower low in price and a higher low in indicators. When that happens I will put in hand money to long this!
Looks like it wil head higher, which could mean a lower value of the YEN.
Short this one, no other words needed for this powerfull rejection. Extremely powerfull rejection at channel median and resistance line, with a confirmation on USDCAD.
Weekly bullflag, with bullish divergence, time to break out baby. See the weekly chart below:
This pair is in a hourly bullflag, with a bullish divergence. In the bigger picture it has been testing the breakout by now and forming a right shoulder. The right shoulder of an inverted head and shoulder pattern, mostly behaves like this.
Long because of: Support Divergence Falling wedge 4H TF Oversold See 4H chart below:
Weekly in an uptrend channel. It has been retracing from a long climb and now it looks like the price wants to continue its journey. At the moment the price is at support and the weekly bullish divergence is lurking
Short term long, will zoom in personally on detail to enter or exit. This is a global setup.
Uptrend channel is established, bullish divergence on channel support and price is making a falling wedge which is bullish in an uptrend.
Price broke up fron the downtrend channel, with a beautifull daily inverted head and shoulders. This could be a serious trend reversal!
Short, with SL a couple ticks above the high of the shooting star. Target remains open.
Short GBPJPY, right shoulder in the make.
Don't short, only for retrace, major downtrend is broken and also the driving season is about to start.
Channel resistance, bearish divergence building up, this could be OR a new low, OR a flag pattern to break up from the downtrend.
Falling wedge in uptrend with nice setup to break it up.