Bearishconvergence
EURNZD - Looking To Sell PullbacksD1 - Price respected a strong resistance zone and is bouncing lower.
Bearish divergence.
Most recent uptrend line breakout.
H4 - Bearish convergence.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
EURJPY Short Term Sell IdeaH4 - Price respected a key resistance zone and bounced lower.
Bearish divergence.
Expecting short term bearish moves to happen here.
H1 - Bearish convergence.
Currently it looks like a pullback is happening.
Until the key resistance zone holds I expect the price to move lower further after pullbacks.
USDCHF Short Term Buy And Mid Term Sell IdeaH4 - Bearish convergence.
Bullish divergence
Basically I expect pullbacks and then potential continuation lower.
H1 - Bearish trend pattern.
Price has reached a key support zone.
Bullish divergence.
My short term view is bullish and my mid term view is bearish here.
USDCHF Short Term Sell IdeaH4 - Price is bouncing lower from the psychological level 1.
Bearish divergence.
Expecting short term bearish moves to happen here.
H1 - Bearish convergence.
Currently it looks like a pullback is happening.
Bearish hidden divergence.
Until the strong resistance zone holds my short term view remains bearish here.
Ford's Rent is DueThe RSI is showing a clear bearish divergence on the RSI. As we see on the daily, there are three lower highs on the RSI combined with higher highs in price action. This is bearish. We also see overextensions on the weekly and monthly RSI. Moving averages have not been catching up which suggests there will at least be a correction to them and they will be tested as support levels. Volume indicates that Ford is going to tank though because there is a high amount of selling pressure at these levels. Even though Ford is green, earnings are around the corner and my guess is that even if there is a beat there will nonetheless be a tank. Any good news has been priced in. Bad news would tank the stock even more. In short, RSI suggests a major downtrend beginning shortly. Volume spikes support this idea. Moving averages also suggest a correction is coming. Ford has failed to overcome a 24.95 price level as well on the shorter timeframes. Let's also remember how overextended the broader market is and how tethered it has become to the indexes doing well. All of the indexes have been recovering a little bit but that does not mean Ford will do well. DYODD. This is only my idea not financial advice.
Also: this is pretty much just TA. I did not look at Ford's financials but I imagine they're not doing great because most car companies are not very good financially. Demand for cars is probably not going to be good. There's too much hype in the auto space and the cost to transition to EVs will be immense. Tesla did not just switch the lights on and neither will Ford.
I anticipate a bounce at a large consolidation level. That is the horizontal line.
Dax Short Term Sell Idea From Key Resistance ZoneH4 - Price is bouncing lower from a key resistance zone.
Bearish divergence.
H1 - Bearish convergence.
Currently it looks like a pullback is happening.
Until the key resistance zone holds my short term view remains bearish here.
Bitcoin Short And Mid Term ForecastD1 - Bearish convergence.
Expecting the price to move lower further after pullbacks.
H4 - Bearish trend pattern.
Price has currently reached a key support zone.
Bullish divergence.
Basically my short term expectation is bullish and my mid term expectation is bearish here.
EURNZD Short Term Sell IdeaD1 - The price which is moving lower has broken below the 100% Fibonacci expansion level of the first wave and is holding below it.
Lower lows.
No signs of trend change.
Expecting the price to continue lower further in the short term.
H4 - Bearish convergence.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds my short term view remains bearish here.
GBPCHF Intraday Sell IdeaD1 - Price respected the strong resistance zone.
Price created a false break of the range.
Bearish divergence.
No signs of trend change.
H4 - Bearish convergence.
Currently it looks like a correction is happening.
Until both the strong resistance zones hold my short term view remains bearish here.
GBPAUD Short Term Sell IdeaD1 - Bearish convergence.
Currently it looks like a pullback is happening.
Expecting the price to create one more push lower towards the key support zone formed by the 38.2% - 50% Fibonacci retracement zones of the bullish trend pattern.
H4 - Currently it looks like a pullback is happening.
Potential bearish hidden divergence.
Until both the strong resistance zones hold my short term view remains bearish here.
Bitcoin Sell Idea Based on Multi-timeframe ConvergenceD1 - Price broke below the bottom of the range.
Bearish convergence.
Currently it looks like a pullback is happening.
Expecting the price to continue lower further after this pullback.
H1 - Bearish convergence.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds my view remains bearish here.
GBPCHF Sell Idea After Bearish ConvergenceD1 - Bearish convergence.
Currently it looks like a correction is happening.
Expecting the price to continue lower further after this correction.
H4 - On the H4 chart the daily correction is happening in the form of a range.
Until the strong resistance zone holds my view remains bearish here.