Bearishdivergence
Bearish Crab on USOIL: Bearish Continuation Expected This WeekWe have a Bearish Crab with MACD Bearish Divergence at Last Week's high on USOIL after a reaction to the PCE report. I'm expecting that we have reached a top for the week and that we will continue to make the bigger move to the downside to continue the trend started by the 4HR Bearish Bat Trade Below.
I will be waiting for the stock market to actually open before taking the trade if it's still within the Pattern Completion Zone by then.
AUDCAD: Bearish Divergence at Last Week's HighThis is a pair I'v been looking to short again for awhile now due to the trend and now i'v got some Bearish Divergence to justify entering and the nice extra bonus from the news of the US Trade Deficit Increasing. I think this will stir up more demand for the CAD against alot of other Currencies but more particularly against the AUD.
This may also put downwards pressure on the price of US Oil but thats for an entirely different trade.
TPOR Triple leveraged Transportation ETF SWING LONGFundamentally, the stabilization of fuel prices helps push things down the road.
A possible rail strike if no averted by Congressionaly action will cause a big macro effect.
TPOR was downtrending into the end of September then reversed starting a trend back up.
I see this as a good long swing buying initially now and then every time the price
pulls back to the Hull 150 moving average trend line in back or even drops below it
when the faster moving average ( Hull MA 20 in Blue) reverses from going down to
up or crosses the long MA from below. I will exit when the relative strength tops out
and shows bearish divergence.
CHZUSDT - SHORT - BEARISH DIVERGENCEHello Hello Trader ,
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Thank you very much.
Here we go ,
I want to tell you about the CHZ-USDT hidden bearish dívergence.
On this chart ,
We can see, while the price is going down, the RSI is moving up. This is called bearish divergence. So it's likely for the price to continue going lower on a short-term basis.
All further details are shown on the chart.
Goodluck!
USDJPY At Monthly Candle Close Resistance and Bearish ButterflyUSDJPY is slightly above the PCZ of a Bearish Butterfly and right at Monthly Candle Close Resistance with Bearish Divergence on both the MACD and RSI this will be the last line of defense for the JPY.
Here below you can see the Monthly S/R zone:
A potential divergence between S&P 500 and VIX.A lower low in the VIX not confirmed by a higher high in S&P 500 is a potential divergence. Previous tops and bottoms have seen similar kind of divergences where either one of the two does not confirm the move and hence results in a trend reversal.
Note- This is not an investment advice.
OXY: 3 Line Strike If The Week Closes Like ThisWe have 2 instances of MACD Bearish Divergence along with some RSI Divergence and a potential for there week to confirm a Bullish 3 Line Strike if the weekly can close below the last 3 bullish candle bodies. Based off of this i think Occidental Petroleum will be coming back down to $35.00
$TSLA Is Still Likely Heading Down To $38.60 From HereThis is an Update/Reminder of a Previous Similar Bearish Idea I had on $TSLA before the stock split. I'v felt that it is necessary to post a fresh updated readjusted chart to account for the post-split price action. If you want to compare this chart with the original chart check the Related Ideas Section Below.
$TSLA as we look at it today continues to Bearishly Diverge at the PCZ of this Logscaled Bearish AB=CD and has formed a Bearish Head and Shoulders Pattern at the Highs. The target pre-split was $38.60 but post-split i can now seet going all the way down to even $13 or lower, however to be conservative i will continue to target $38.60
4 Hour Bearish Bat with RSI Bearish Divergence on USOILFrome the looks of things we have some Bearish Consolidation going on right now and the Bearish Bat is hinting to me that the 800 EMA will act as Resistance. If we break through the Demand Line of the structure i think USOIL will Begin an Accelerated Movement down to atleast $71 in the short term.
$ETH - Following the similar PATTERN to Dig Down !Hello my Fellow TraderZ,
If you see $ETH #ETHEREUM - it is similarly like the last time when the price got rejected by the Downward TL. If the Rising TL (RED ARROW) breaks, expecting the price to test atleast the support level of $1420-1370. This move likely be supported by the Bearish Divergence formed on RSI on 4 HTF.
This is looking obvious also because after breaking the level recently price never came back to retest the level. So this pullback could be Positive also.
Invalidation level - breaking of $1650.
CHEERS!!!