WWE: Bearish Deep Gartley with Bearish Divergence on the WeeklyThere is some Bearish Divergence at an 886 Retrace Potential Deep Gartleyy PCZ with Bearish Divergence and so i will be selling some Longer Dated $80 strike Calls with lots of Extrinsic Value and use the credit that is obtained to Buying alot more Somewhat Shorter Dated Puts at the $80 stike with significantly less Extrinsic Value.
Bearishdivergence
USOIL: Bearish Crab with MACD Bearish Divergence at 800EMAUSOIL is sitting just below the 800EMA at the PCZ of a Bearish Crab with massive amounts of MACD Bearish Divergence; if this plays out we could eventually see some Bear Flag action to take us down to around $70 or even below $70
EURJPY Short Term Sell IdeaH4 - Bearish trend pattern.
Currently it looks like a correction is happening.
Bearish hidden divergence followed by continuing bearish divergence.
Until the two strong resistance zones hold my short term view remains bearish here.
EURCAD Short Term Sell IdeaH4 - Lower lows.
Currently it looks like a correction is happening.
Bearish hidden divergence.
H1 - Bearish trend pattern.
Currently it looks like a correction is happening.
Bearish divergence.
Until the two strong resistance zone holds my short term view remains bearish here.
A valid breakout below the most recent uptrend line would be the validation for this bearish view.
LINKUSDT Peaked at this Reversal ZoneLINKUSDT seems peaked at this Right-Angled Broadening Wedge. I'm using Herif's Harmonic Pattern Projections indicator to show the 5-0 Harmonic structure within the Broadening Wedge. The price action is trading at this Potential Reversal Zone at the top due to a Candlestick Engulfing Bearish on BTCUSDT and a C-D bearish swing-leg can be expected to Volume POC level.
Technicals:
Volume decreasing shows bulls lack of confidence;
Awesome Oscillator on H2 shown bearish Twin Peaks formation;
Fisher Transform on M30 bearishness crossing.
* 5-0 Harmonic Pattern was introduced by Scott Carney
Raytheon Technologies: 3 Line Strike at PCZ of Bearish CypherThe Defense Sector in general seems to be overhyped as if it expects earnings not to matter anymore but the PE/Ratios keep rising as if it's betting on the US to enter a direct armed conflict rather than reality which is that we are simply just providing old unused equipment to the Ukraine. I think in the near future the market will realize this and we will see prices on these kinds of stocks got lower as the PE Ratios compress just like every other speculative growth stock has done during the cycle.
EURUSD Top - Shorting The Bearish ImpulseEURUSD is on the verge of starting a sell-off.
I am expecting in Impulse Wave in Minute C (red).
The greenback (DXY) should be able to commence a Bullish Retracement.
EURUSD under pressure.
My Euro-Dollar Technicals:
* Ending Diagonal in Intermediate (C) (white)
* Complex Double Three Correction
* Hidden Bearish Divergence
* Harmonic Pattern: Bearish Cypher in Minute b (red)
* Double Top Pattern
* 88.6% Fibonacci Retracement
* 161.8% Fibonacci Extension
EURUSD SELL Signal:
* Entry @ 1.06910
* SL @ 1.08700
* TP1 @ 1.0500
* TP2 @ 1.0280
* TP3 @ 1.0140
* Safety Measure: when in the green, moving SL to BE.
* Sell Stops on the way down, after pull-backs.
Many pips ahead!
Richard, the Wave Jedi.
Bearish Bat On EthereumETH has had a Massive Surge in Futures Positions and that has thrown off the previous trade and sent it to the .886 Retrace if it gets above this level it will likely see an even bigger 886 retrace of the highs up to $1600 but for now im still betting against that and will be trading this much more local Bearish Bat with the hopes of it breaking below the trendline and ultimately trading towards $1000 and below within the coming days.
NZDUSD SHORT: Bearish ReversalNZDUSD is about to make a Reversal, with a Bearish Wave expected.
I am expecting an Impulse Wave in Minor C (orng).
My Kiwi Technicals:
* Elliott Wave Reversal
* Leading Diagonal in Minor C (orng), of Intermediate (W) (orng)
* Upcoming Bearish Divergence
* 61.8% Fibonacci Retracement
* 127.2% Fibonacci Extension
* Harmonic Pattern: Bearish Shark
* Supply Zone
NZDUSD SELL Signal:
* Entry @ 0.6400
* SL @ 0.6630
* TP1 @ 0.6135
* TP2 @ 0.5900
* TP3 @ 0.5730
* Safety Measure: when in the green, moving SL to BE.
* SELL Stops on the way down, after pull-backs.
Many pips ahead!
Richard, the Wave Jedi.
AUDUSD SHORT: Sell-Off In ImpulseAUDUSD is showing considerable weakness signs.
The structure on the up-side since mid-December is Corrective.
A sell-off in a big degree is expected.
I am anticipating Intermediate (C) (red).
My Aussie technicals:
* Ending Diagonal in Intermediate (C) (white)
* Elliott Wave Reversal Pattern
* Upcoming Bearish Divergence
* Running Flat in Minor B (white)
* Double Top Pattern
* Supply Zone
* 161.8% Fibonacci Extension
AUDRUSD SELL Signal:
* Entry @ 0.69250
* SL @ 0.7100
* TP1 @ 0.6620
* TP2 @ 0.6455
* TP3 @ 0.6325
* Safety Measure: when in the green, moving SL to BE.
* SELL Stops on the way down, after pull-backs.
Many pips ahead!
Richard, the Wave Jedi.
XAUUSD: BEARISH DIVERGENCEWe clearly see a bearish divergence has been formed for sometime and we look for a trigger to SELL down way below to the golden target of 1728!
FCFS: Bearish Bat Double Top With Bearish DivergenceWe have MACD Bearish DIvergence at the PCZ of a Bearish Bat on the Monthly with a very promising Double Top. On a side note this company is likely to face serious issues in not being able to cover it's debts as the economy tightens and willingness to pay premiums at secondhand retail decreases.
YUM Brands at PCZ of Bearish CypherWe have Bearish Divergence at a Bearish Cypher PCZ and right now the calls are super expensive so i will be buying some slightly OTM FEB Calls and selling some deep ITM APR Calls for a net credit. My main target is $115 but much lower is probable.
$XAU: Bearish for Gold UpcomingXAUUSD (fka Gold) has approached the Daily Supply Zone once again after multiple failed attempts to break. This time might be difference……not in a good way.
Let’s dive in:
Gold has been on an upswing from the Demand Zone in early November
The uptrend has slowed once hitting the Supply Zone nearing the ever popular $1800 price point.
Bearish Divergence has entered the picture with RSI downward while price action has shown upward movement.
There has not been a massive rejection yet from the Supply Zone.
My thoughts are at the least XAUUSD will be rejected again with a nice leg down from Supply heading to the 200 EMA (blue line), below $1800 and MAY bounce. But with current economic macro conditions uncertain, the bounce is a 50/50 shot. Price point area around $1775 is a decent landing spot where Resistance and Support have interchanged and placed my Take Profit before that to be safe.
Not financial advice. Hotep & Build (Wealth)
GOING SHORT IN XAGUSD BY TRADING STRATEGYBullish Indications
1. Higher Highs and Lows
2. Trend line not broken
Bearish Indications (BIASED SHORT)
1. Rejected from Resistance Area
2. Double TOP OR BAT Pattern Formation In Progress
3. AB=CD Reversal Pattern
4. Formation of Bearish Divergence
USOIL: Bearish Butterfly & 3 Line Strike with Bearish DivergenceWe have Bearish Divergence on the MACD at the PCZ of a Bearish Butterfly and a 3 Line Strike to go along with it. I think we will make our way below the trendline then breakdown fast to the weekly lows.
EURJPY Short Term Sell IdeaD1 - Price is bouncing lower from a key resistance zone.
Bearish divergence.
Most recent uptrend line breakout.
H1 - Bearish trend pattern.
Currently it looks like a correction is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
Dax - Looking To Sell Pullbacks In the Short TermH4 - Price respected a key resistance zone and bounced lower.
Bearish divergence.
Lower lows.
H1 - Bearish trend pattern.
Currently it looks like a correction is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
AUDCAD - Looking To Sell Pullbacks In The Short TermD1 - Continuing bearish divergence.
Currently it looks like a correction is happening.
Price still has room lower towards the key support zone.
H4 - Bearish convergence.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks towards the key support zone.
Bitcoin: 3 Falling Peaks In Harmonic RangeBTC is trading within a Harmonic Range today and while the Bearish Shark did perform well last night, ultimately price has come back up and created a Bearish Bat at the VAH while showing Bearish Divergence on Volatility. As the 89SMA approaches i'd want to see BTC come down towards and break the confirmation line to begin a move down to $16,500-$15,000 to complete the bearish wave down and start fresh on the new week.
Bearish ABCD and Retest of the Daily Open on MaticMatic has a Bearish ABCD at the Daily Open and is showing a Bearish Divergence on the Volatility Indicators, it may be setting up for a BAMM to the 78 Cent Area.
FOMC Economic Projections Effect on GoldOANDA:XAUUSD
**Repost from Dec 14th 2022 since the original post disappeared**
Hello all TradingView speculators,
In my opinion, I think there was an overreaction from the market's participation on the CPI numbers that was announced to be lower than expected. In addition to this, some technical indicators are showing us some signals to be careful on the buy side from bearish divergence signal between the price and RSI on 4H timeframe. This indication does not mean that the trend will reverse immediately but it indicates that the current trend has chances of stopping and turn into either sideway or downtrend in short term.
Based on the current price level, Risk to Reward Ratio seems to be in favor of the bears. However, I would wait to see the price action in 1H timeframe tries to test 1815 first and if it fails then I believe that follow sell position after this price action fails to go above 1815 and if price makes a lower low below 1804 can be a worthy trade
BTCUSD Bearish Projection For The Remainder of the WeekWe have this Confirmed Bullish 3 Line Strike on the 4HR at the level of the macro 786 retrace from low to high, we don't have Bearish Divergence but it does lead me to think we get a midterm pullback back to the 16k Level likley within the week before looking to continue higher:
