Silver Short Term ForecastD1 - The price which is moving higher has currently reached a key resistance zone formed by the 100%(18.788) fibonacci expansion level of the first wave and the 61.8%(19.380) fibonacci expansion level of the second wave.
Until this key resistance zone holds I expect corrections to happen here.
H4 - Price has created two false breaks with bearish divergence.
If we get a valid breakout below the low at 18.850, we may then expect further continuation lower in the short term.
Bearishdivergence
FKLI TRADING : 80) bearish divergence formation in daily chartthis is trade no 80) frm haidojo trading... bearish divergence is formed in daily chart for fkli-july so it is possible a signal for reversal...
fkli is facing resistance for 1620-1640 range...
current support level : 1580
lower support level : 1560
thr is no confirmation shift of trend yet...therefore shorting the market seems to be a bit too early...however, eyes wide open for more reversal signals to come...
WARNING : juz for educational sharing, not for buying nor selling hints, pliz trade at your own risk
Time to leave! I'LL BE BACKMONTHLY rsi and price movement for nike. No matter how much money is printed in the us my favorite sports brand will have a rough time for the upcoming years since most of the money went to the stock market and the majority of people are going to see their income decreasing for the next years. However after we've go through this nike is going to shine since it's investing huge amount of money in it's online business model.
NZDUSD Short |Bearish Divergence|Liquidity Grab|Range ResistanceEvening Traders,
Today’s Analysis – NZDUSD- trading at key range resistance with bearish price action.
Points to consider,
- Macro trend bearish
- Range resistance (Pivot)
- Range Midpoint (immediate target)
- Oscillators diverging
- Volume below average
NZDUSD’s macro trend is bearish with consecutive lower highs, this projection give us a bearish bias on the market. Price is at a key pivot point – range resistance- candle closes above this level will negate the short.
The Range midpoint is the objective, price breaking through this level will increase the probability of testing range support.
The Oscillators both are diverging from price, putting in lower highs; this is an indication of weakness in the market.
Volume is trading below average, an influx is highly likely as we are at key structure anticipating a probable influx due to the double bearish divergence playing out.
Overall, in my opinion, NZDUSD is a valid short with defined risk above structural resistance, immediate target being the range midpoint and beyond. Any moves are to be backed with increasing volume to avoid false breaks.
What are your thoughts?
Thank you for following my work!
And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.” ― Yvan Byeajee
AUD/HUF: BEARISH DIVERGENCEHello traders!
A bearish divergence just showed up and it seems promising! In fact, if you look at the MACD you may see clearly that the bullish momentum is getting weaker and the RSI is almost overbought! These two facts make me think that a bearish reversal will take place (if not now, in a while).
The target is our dotted line and remember to put a stop loss in order to secure your capital!
Not a financial advice.
SHORT - ADA - Trading OpportunityHuge bearish divergence formation on FTX:ADAPERP , although volume has been really strong and other indicators still show bullish, this is certainly a chance that we cannot miss as this divergence has been forming on higher timeframes aswell.
Entry: 0.104655
Target 1: 0.09677
Target 2: 0.090905
SL: 0.107590
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
Gold Short Term ForecastH4 - We have a key resistance zone that has formed by the 100% (1778.34) fibonacci expansion level of the first wave and the 61.8% (1794.43) fibonacci expansion level of the second wave.
The price which was moving higher reached this key resistance zone, respected it and is currently holding below it. Bearish divergence.
H1 - We had the first leg to the downside and currently, it looks like a correction is happening in the form of an ABCD pattern.
Expecting further continuation lower after a valid breakout below the most recent uptrend line.
Note: We have Non Form Payroll news release today, please pay attention to that.
EURGBP ForecastD1 - The price tested and false broke the 0.91 psychological zone. Bearish divergence.
We also have the 61.8% (0.90920) fibonacci expansion level of the first wave coinciding in the same zone, which makes this area a key resistance zone for us. The price is currently holding below this key resistance zone.
H1 - Bearish trend pattern.
Expecting further continuation lower after pullbacks.
Bitcoin Weekly Bearish Signals. Likely to go lower
Today I will show some weekly Analysis which is showing many Bearish signals.
Firstly the RSI has a weekly bearish Divergence. This is a bearish indicator as we are likely to move lower. (Marked by purple arrows )
Secondly There is a bearish engulfing candle which indicates bearish momentum (Indicated by green arrow), you can find more about the pattern here: www.investopedia.com
BATBTC | Breakout | S/R Flip | Support Confluence | Trade Setup Todays analysis – BATBTC – Retracing from a multi-month triangle formation breakout (as explored in previous BATBTC analysis - link down below)
Points to consider:
- S/R flip retest
- Support confluence
- 21 EMA visual guide
- Oscillators over-extended
- RSI bearish divergence
- Declining Volume
BATBTC needs to hold the probable S/R flip retest at structural support to establish a higher low, validating a long trade. However, trend continuation at this level will negate the thesis.
Price needs to respect structural support (in confluence with .382 Fibonacci retracement) indicating a probable trend continuation, forming bullish bias in the market.
Trend continuation upon price testing the 21 EMA will support the bullish bias, allowing the EMA to act as a visual guide.
Both the RSI and stochastics cooling off from overbought conditions, a retrace to structural resistance will allow the oscillators to cool off. Furthermore, a technical bearish divergence on the RSI affirms weakness in the immediate market.
An increase in volume will be key as price tests support levels to avoid any false breaks.
Overall, in my opinion, BATUSDT has strong support confluence giving it a greater probability of breaking bullish, however, support re-test is needed for a valid long trade.
What are your thoughts? Let me know in the comments below!
And if you’ve read this far - thank you for following my work and development as a trader!
As always,
Focus on you, and the money will too!
Shill the ZilPlease feel free to comment or challenge me on my TA. If you like my idea, please leave a like to show support.
--------------------------------------------------------------------
Zilliqa has seen a very nice bullrun over the past month. It played out beautifully with retracements whenever it was necessary.
After a 300% increase since the beginning of May it is healthy to see a significant correction come into play. Zilliqa however is a qualitative project with great upside potential. This is why I feel this correction is welcome as it gives us the opportunity to either buy some more ZIL at a cheap price, or to catch a nice trade with high R/R.
What can the chart tell the bulls :
- Elliot wave correction has been fullfilled
- Higher lows have been set (yellow circles)
- Double bottom formation
What can the chart tell the bears :
- Yet to set a higher high
- Bearish divergence with the RSI
- Weekly resistance level at 214 sats
Trade opportunity:
Possible entries: Weekly R (214 sats) or Daily S (206 sats)
Targets: Daily R (229 sats) = 7% and Weekly R (286 sats) = 33%
Happy trading!
Updates for EUR/GBPAt the moment, we see a possible formation of shoulder head shoulder to entry in the sell, so don't closed your position pendent of sell order limit, still active until they active when the market leave at your zone of active into the market. So, I concluded that we are in this formation and we could to see a bearish movement soon!!!
So, this is how in H4 we see a bearish divergence. Now, in the H1 timeframe, if you see the bearish divergence too in this timeframe, it's perfect to operate and put a sell order limit at $0.9064.