A hanging man is a type of bearish reversal pattern, made up of just one candle, found in an uptrend of price charts of financial assets. It has a long lower wick and a short body at the top of the candlestick with little or no upper wick. In order for a candle to be a valid hanging man most traders say the lower wick must be two times greater than the size of the...
im not saying doom and gloom but there is a snap back coming: - rsi above key value - strong divergence present - similar date range of previous 2 div pumps - at resistance - "bullish at the top / bearish at the bottom"
scriptB in scalp mode has shown great buy and sell opportunities over the previous years. however divergence is flagging at the top. using scriptb with basic volume we can see price has risen on declining volume and as it approaches the top a juicy short can only be imminent. to learn how to access these scripts please visit tradingscripts.best
GBPJPY has a double top where second top not overwritten last top. Also currency pair has a bear divergence. Short StopLoss and good opportunity for selling this currency *---* Hello millionaires! My EA best results on Broker 1 My EA best results on Broker 2 My Blog: www.hurtlocker.pro Join my youtube channel: HurtLocker PRO Traders group: t.me ...
CADJPY has continues its bull divergence with selling opportunity. Previous trade has ended with loss but retry again with the same logic. *---* Hello millionaires! My EA best results on Broker 1 My EA best results on Broker 2 My Blog: www.hurtlocker.pro Join my youtube channel: HurtLocker PRO Traders group: t.me Facebook: www.facebook.com *---*
Petrobras respeto la base del canal alcista que viene en el que se encuentra operando desde hace ya varios meses. Actualmente esta luchando por mantenerse arriba de la EMA50 (marcada en color naranja). Atencion!! Presenta una importante divergencia bajista en el MACD y en el RSI que se viene gestando hace varios meses. Habra que ver si se mantiene por encima de...
Hello everyone today I would love to try warn all of you because something big is coming as we have huge bearish divergence forming in overbought area as well as parabolic run with some media attention (Not only thanks to Libra - Facebook) happening This is danger zone where speculation,fomo and traps happends and take over people emotions so be curious and...
It´s a while since I´ve called a bottom and reversal based on RSI bull divergence in undersold area with falling wedge pattern as seen on chart bellow Now we have exactly opposite conditions which means Bearish divergence in overbought area and rising wedge. Can Bitcoin sustain further grow now ? I don´t think so ! Correction imminent in my eyes ! But...
Higher high made in price with a lower high made in the RSI. No volume up here above $8k as that declined during the recent advance as well.
I know a lot of people are looking at the 9-11k area for BTC, but just from looking at the LTC chart...it doesn't look promising! But....its crypto so everything is possible. (RSI breakout is a good moment to add some longs tho)
Something to worry about if you are long here. Bear divergence on DBT MoMo, RSI, MACD. TP1: 145.78 TP2: 138.45 Invalidated with a breakout on high volume.
Macro factors: The FED's QT is starting to have an effect on the risk assets. The short answer is why be overweight in high risk assets when extremely low risk assets are becoming more appealing by the day. Money will continue to flow out of equities and into Treasuries for the foreseeable future. If it leads to a serious correction or crash the FED will of...
ETH is showing signs of bearish divergence on the 1H chart and seeing that it has moved up substantially over the past 24 hours some might want to start looking at taking profits. Wouldn't necessarily be the most ideal spot to short at this point but just something to keep an eye on over the next few hours.