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Bullish Divergence

CDOGEUSDT: Bullish Consolidation at 61.8% Retrace and SupportAfter what has been a fast and aggressive 32% Decline, CDOGE has formed a Double Bottom with MACD and RSI Bullish Divergence at the 61.8% Retrace which happens to align with Support and now has climbed back above the 21SMA. With all this in mind I think we will come back up to Square Up and undo that big bearish candle and i addition to that I think we could be setting up for an AB=CD BAMM which would take us up to the 1.618 Fibonacci Extension.
CLong
by RizeSenpai
TLT: Double Bottom at the 0.382 Retrace with Bullish DivergenceSome weeks ago TLT was trading within a Falling Wedge and Double Bottoming at the 0.382 with Bullish Divergence on the Hourly Timeframe and from there rallied to hit its 0.618 Profit Target. Since then, it has come back down just below the level it started at but in doing so has yet again formed Bullish Divergence near the 0.382, this time on higher timeframes. If the TLT were to start bottoming here, it would potentially be the start of an even bigger double bottom than the last one and could result in TLT testing even higher upside retraces such as the 0.886-1.13 which would take it to around $100
NASDAQ:TLTLong
by RizeSenpai
Descending Wedge & Bullish Divergence on March SoybeansFundamental Outlook: There’s no beating around the bush - the fundamental outlook for soybeans is bearish. Global ending stocks are now at all time highs per the last WASDE report, and export demand for U.S. soybeans has slowed considerably - currently down around 19% year-over-year. As South American harvest progresses, the outlook of the Brazilian soybean crop has also improved. Talking Technicals: Despite the bearish fundamental outlook - the descending wedge, bullish divergence on 14-day RSI, and declining volume profile presents a bullish setup. Managed money funds remain aggressively short - holding a net-short position greater than 150,000 contracts across futures and options on soybeans. An upside breakout could result in short-covering, ultimately propelling prices higher in the near-term. Descending wedge patterns typically see sharp, upside breakouts which would be akin to the price action observed in a short-covering rally. Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
CBOT:ZSH2024Long
by Blue_Line_Futures
AUDNZD: Bullish Divergence Sparks Reversal Potential📈 Overview: AUDNZD, previously bearish, now displays bullish divergence with the formation of the first higher low and higher high on the 1-hour timeframe. Market sentiment at 94% long adds strength to the reversal signal. 📊 Technical Analysis: Bullish divergence, coupled with higher lows and higher highs, indicates a potential trend reversal. 📉 Market Sentiment: With 94% long sentiment, there is strong support for the anticipated bullish reversal. 📉 Trade Strategy: Consider long positions, aligning with the bullish signals, and anticipate further upward movement. 🛑 Risk Management: Mitigate risks with effective stop-loss orders to protect capital. 📈 Conclusion: AUDNZD offers a concise opportunity for a bullish trend reversal, supported by bullish divergence and strong market sentiment. Monitor for confirmation and adjust positions accordingly.
Long
by miansarimhameed
1
AUDUSD: Bullish Divergence Signals Long Opportunity📉 Overview: AUDUSD, post-downtrend, exhibits a bullish divergence, hinting at a potential reversal. With a strong 90% long market sentiment, the analysis suggests a long trade upon the break of the last lower high (LH). 📈 Technical Analysis: Bullish divergence after the downtrend provides a promising signal for a potential upward move. 📊 Market Sentiment: With 90% long sentiment, there is substantial support for the expected bullish reversal. 📉 Trade Strategy: Consider entering after the break of the last LH, aligning with the bullish divergence and overall market sentiment. 🛑 Risk Management: Implement risk management measures, including setting stop-loss orders, to mitigate potential losses. 📈 Conclusion: AUDUSD offers a favorable long trade opportunity, supported by a bullish divergence and strong market sentiment. Monitor for the break of the last LH and adapt positions accordingly.
Long
by miansarimhameed
NZDJPY: Bullish Divergence and Fib Retracement Signal Potential📈 Overview: NZDJPY, amid a bullish trend, shows a bullish divergence near its higher low. The current retracement from the 0.618 Fibonacci level suggests potential upside. 📊 Technical Analysis: Bullish divergence and retracement from 0.618 indicate a favorable risk-reward ratio for potential long positions. 📉 Trade Strategy: Traders may consider long positions, with entry near the current retracement level, anticipating an upward move. 🛑 Risk Management: Mitigate risks with stop-loss orders to protect capital in case of unexpected price movements. 📈 Conclusion: NZDJPY offers a concise opportunity for further upside, supported by bullish signals. Monitor for confirmation and adjust positions accordingly.
Long
by miansarimhameed
What is Volume Divergence? - Divergence in the US Markets?Whenever we see a divergence, this means they are going through a process of moving apart or deviating from what we are seeing. In this case the US markets, even though it appears to be trending higher, but its activities and especially its transacted volume are telling us otherwise. And what are their implications? My name is Kon How, my work in this channel, as always, is to study behavioral science in finance, discover correlations between different markets, and uncover potential opportunities. In conclusion: Please note the divergence we are observing here; it does not indicate that the market is going to decline anytime soon. What this means is that the bullish trend we are currently witnessing may be losing some momentum. Therefore, it's important not to become too complacent and assume that the bull market will continue charging indefinitely. During times like these, it's always good to take calculated risks with our investments. Continue to buy on dips with cautiousness. Micro E-mini S&P Futures and Options: Minimum fluctuation: 0.25 index points = $1.25 Code: MES Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME_MINI:MES1!
by konhow
Bitcoin Bear Market Bull flagsHi Investors/traders Today I'm looking at the 2 week chart of BTC on a line chart. We are comparing the bear markets with a bull flag out look. Although they are NOT technical bull flags they bare some similarities with the support and resistance areas along with false breakouts. We will go over false break outs and they usually mean and result in. There are only two indicators in this chart although one is turned off for the purpose of clarity and keeping the chart clean. The one not visible is the (Bitcoin Fibonacci Log Regression) and the (CM_Ult_MacD_MTF) it is basically the MACD with different colors, a line that marks the zero and dots to mark crosses. As we can clearly see the 2 week MacD has had an upward cross which has historically marked the bottom was in and momentum is slowly being gained on the upside. This should tell you the fight to battle resistance zones has already begun. False breakouts whether they are on the upside or downside act the same way. As we can see in 2018 Bitcoin was in a down ward trading channel (Bull Flag) and broke out of it on the downside, it then recovered back into the channel, which is a bullish move as we can see the result was a fairly substantial run afterwards. Last year Bitcoin did the same thing but opposite. It broke out of the channel but to the upside this time, then falling back into the channel again proving to be a false breakout. This is a very bearish move, But when does is it end? Well, no one knows, probably not the answer you're looking for. Clues for the answer to this question In my experience are in the indicators. One powerful indicator is the MACD, especially on the 2 week. The RSI as well is a very powerful indicator although not in this chart is showing a bullish divergence. Also a third indicator that is very powerful is the Stochastic RSI, which itself is also showing momentum is on the rise as well. Does this mean BTC will flip bullish any moment? No. Does it mean we will not go lower? No. There is no 100% guarantee, only risk management. Historically what we can see here is that it has been a very good time to buy and a reversal would come in the next few weeks or months. I have two possible targets on this chart, why? First off no knows the actual future of anything. The only thing we can do is use educated guesses. By looking at at history, and using indicators, we can try to plot how the future could happen. After that we just follow a and see where it goes. So, the possible targets.... If you believe in manipulation of outcomes, (covid) being one and the addition of (leverage trading) and (Derivatives). I see people arguing that it affected the price of BTC, the crypto market and caused anomalies. Anomalies always happen, like we said earlier there is no certainty. However, one action begets and equal opposite reaction. so, it there is any truth to these things they will eventually correct one way or another. The only thing we can go by are the facts, the facts are BTC had a bull run, it then pulled back, then it had a false breakout, that then lead to the collapsed, and now is showing that momentum is flipping to upwards again. You could say this is all just junk information, but by comparing it to the stock to flow we can see there is something to it. I have stock to flow comparison charts as well. Another thing to be aware of is that BTC as of the FTX debacle, is now untethered from the stock market. What does that mean? I don't know. For how long or permanent? I don't know. Yes, Bitcoins moves throughout it's history have been mirrored to stocks. I want to add that a break and close below 13.7k is not a good thing and it's not a buy in my opinion. I think a close under 13.7k will eventually lead to a bigger collapse to at least 3k and would take years and years to recover. I do have this scenario in the chart as well, however I don't expect it at this point in time. I'm not saying that the price can't go below and quickly recover, I'm saying if it does go below and does not quickly recover, than there are most likely bigger problems in the market. Time will answer these questions from above. I think within 6 months a lot of these questions will be answered. So sit tight and let's see. Thank you for looking leave questions or comments below WeAreSat0shi
COINBASE:BTCUSDLong
by WeAreSat0shi
12
DBA: Bullish Abandoned Baby on Agriculture Futures ETFThe DBA Agriculture Fund is an ETF that has futures exposure to various different commodities including: Wheat, Corn, Sugar, Live Cattle, Lean Hogs, Cotton, Soybeans, Coffee, and others. As of right now the fund has recently pulled back due to a Bearish Test of the Bearish Bat PCZ but during this time it has formed what looks to be a Cup with Handle and has confirmed a Bullish Abandoned Baby off the 200-Day SMA with Bullish Divergence on both the MACD and RSI. With all these factors being considered along with the recent dramatic increase in charter rates across the containership and dry bulk segments, I think it is very likely that we will see the pricing of these commodities rise once more and likely break significantly above any of the bearish zones.
AMEX:DBALong
by RizeSenpai
CADCHF: Bullish Reversal Potential - Long Trade Setup📉 Overview: CADCHF is shifting from a downtrend to sideways movement, signaling a potential bullish reversal. A sharp bullish divergence and a strong 97% bullish market sentiment enhance the likelihood of an upward move. 📊 Technical Analysis: Transition from downtrend to sideways, coupled with a bullish divergence, sets the stage for a potential bullish reversal. 📈 Market Sentiment: A robust 97% bullish sentiment supports the potential strength of the upward reversal. 📉 Trade Strategy: Traders may consider a long trade if the key level at 0.63910 is breached. Entry points near the coming higher lows (HL) or Fibonacci retracement levels like 0.236 or 0.382 are potential considerations. 🛑 Risk Management: Implementing effective risk management, including appropriate stop-loss orders, is crucial to safeguard capital. 📈 Conclusion: CADCHF presents a compelling long trade opportunity with bullish signals and strong market sentiment. Monitor the break above 0.63910 and adjust positions based on evolving market conditions.
Long
by miansarimhameed
WKHS: Falling Wedge With Bullish Divergence Into The 2018 ZoneWKHS has formed a Falling Wedge with Bullish Divergence on the Daily as it has come down into the December 2018 Low. It has also Bullishly Engulfed the previous Daily Candles and has exhausted the Options Chain. At this point in time I'd expect WKHS to make its way back above 50 cents and perhaps run up to around $1 or perhaps a bit higher which would be best played by buying the call options at the 50 cent strike which currently trade at below 5 cents.
NASDAQ:WKHSLong
by RizeSenpai
2
Unlocking Potential: EURGBP's Consolidation and Bullish MomentumIn the current market scenario, the EURGBP pair appears to be undergoing a phase of consolidation following a preceding downtrend. The price action is forming a discernible flat bottom, a pattern indicative of accumulation, further complemented by a bullish divergence observed on the Relative Strength Index (RSI). Should the price breach the defined entry point, the imminent breakout could propel the currency pair upwards. Notably, the overall market sentiment stands at an overwhelmingly bullish 96%, adding a reinforcing element to the potential upward trajectory.
Long
by miansarimhameed
1
USDCHF bullish move possibilityPrice is currently testing the lower boundary of a daily bearish channel, the 78.6% FIB retracement level, and a long-term support area as well as bullish divergence between price and stochastic momentum oscillator in daily timeframe. This supportive cluster could potentially lead to the formation of a low around this price level. On the other hand, the bearish move in price appears to be a corrective bearish ABC move, correcting approximately 61.8% to 78.6% from the previous bullish move. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Long
by mohemati
2
#AUDCAD potential bullish continuationAs you can see in the 4-hour timeframe chart, there are several different bullish confluences that we are currently observing. Firstly, the price is retesting a bullish trendline that has supported this recent bullish move since October 16th. Secondly, the price is also finding support from the 200EMA , and the price formed a nice rejection off this overlay indicator. Thirdly, we have bullish divergence between price and the stochastic oscillator, suggesting that momentum has shifted to the upside. Also, from a market structural point, the price is forming higher highs and higher lows and is currently testing the previous resistance, which has now turned into support. After observing all these bullish confluences, the price then formed a bullish engulfing candle, suggesting that bulls are active in the market. To participate in this market, there are two things that we can do. Either we can engage in this market by executing a buy order at the current price or place a buy limit order at 50% of the bullish engulfing candle, of which I prefer to use the second method.
Long
by mohemati
2