Bullish Divergence
EURUSD Intraday Bullish SetupH4 - Price is bouncing higher from a key support zone formed by the 161.8% Fibonacci expansion level of the first wave and the 100% Fibonacci expansion level of the second wave.
Multiple bullish divergence.
Engulfing candle pattern.
Until this key support zone holds I expect short term bullish moves to happen here.
$ACDC Bouncing off supportACDC bouncing off the 100MA, Bullish divergence. Short term targets set up.
Double Bottom Near PCZ of Bullish Gartley and Bullish DivergenceBuying this asset anywhere under 10 cents seems like a bargain to me as i believe we will in the mid-term future see this asset rise back to pre 2019 Bankruptcy levels on the weekly as the company has still been around and selling goods ever since and therefore has great potential for a recovery given that it formerly was the third largest dairy company in the US.
As seen on this weekly chart here we appear to be breaking out of a falling wedge and back testing the neckline of a double bottom looking structure with plenty of bullish divergences to back it up I would surely be buying and holding this asset for the long run:
BTC - H1/M15 - TRADING IN THE ZONE - AT A GLANCEH1 : Ongoing short term recovery in progress.
Watch Fibonacci retracements as resistances levels
Interesting to note that the 61.8% coincides with the H1 clouds
resistance area and above there is the downtrend line resistance
which has not been broken yesterday !
M15 : Short term bullish divergences triggered a recovery.
Similar view than in H1, with clouds area as the first resistance.
Interesting to note that the former support line coincides also roughly
with the 50% Fib retracement
On this very short term time frame, a move above the clouds would be
the first signal of a sustainable short term recovery
Bitcoin Short Term Buy Idea After Bullish Trend PatternH4 - Bullish trend pattern followed by double wave correction.
Price reached the key support zone formed by the 38.2% (54552.08) - 50% (57244.24) Fibonacci retracement zones of the bullish trend pattern and is bouncing higher.
Bullish divergence.
Until this key support zone holds my short term view remains bullish here.
EURNZD Short Term Buy Idea Towards Key Resistance ZoneD1 - Bearish trend pattern completed, bullish divergence.
Currently, it looks like a correction is happening.
Price still has room higher towards the key resistance zone formed by the 38.2% - 50% Fibonacci retracement zones.
H4 - The price which is moving higher has broken above a strong resistance zone.
Currently, there are no signs of a trend change.
Until the strong support zone holds I expect pullbacks and then further continuation to the upside,
Bitcoin Buy Idea After Trend Line BreakoutH4 - Price is bouncing higher from a strong support zone.
Multiple false breaks with bullish divergences.
Bullish convergence, most recent downtrend line breakout.
Until the strong support zone holds my view remains bullish here and I expect the price to continue higher further.
XEM/NEM 1H - Bullish Divergence Signal!This signal was supported with high volume! Reversal chance..
ES - Is it headed for new all time high?this is one of probably many possible scenario's for NQ you reach a new all time high. Though it is still far away from even establishing a new up trend, if it does break out to the up side this may be the path. I may be putting the cart before the horse as breaking an established trend takes a lot of energy. Also you can see some bullish divergence forming. I'm watching you NQ!
USDCAD Buy Idea With Two Possible ScenariosD1 - Price is bouncing higher from a key support zone.
Multiple false breaks with bullish divergence.
H4 - After the strong bullish move currently it looks like a flat correction is happening.
Scenario 1 - More aggressive approach. Looking for bullish setups from the bottom of the consolidation.
Scenario 2 - Breakout above the consolidation zone, and only then looking for bullish setups.
If we get a valid breakout below this strong support zone then it would invalidate this bullish view.
Hidden and Classic Bullish Divergence: Falling Wedge BreakoutWe could see it retrace up to the 618 or even higher from here.
BTCUSD - H1/M15 - H & S FAILED BY A BULLISH DIVERGENCE !H1 : The expected Head and Shoulder formation failed !
Indeed the yesterday's intraday low @ 47069, triggered a bullish divergence
on RSI, confirmed, later by other indicators which triggered a short term reversal
in building an uptrend channel.
On its way up, BTC recovered above KS, TS and MBB which now should be seen as the
cluster support @ 48440 on H1 time frame.
Interesting to note that this new short term support zone coincides also with the clouds
top area and a failure to hold above it would put the focus on the bottom of the clouds.
Clouds are thick therefore also difficult to break !
Currently, attempting to breakout the former downtrend resistance line.
On the upside, the D1 cluster is @ 50000.
M15 : Above the clouds and KS, MBB and TS. Also above the former downtrend line resistance.
Watch carefully price action over the coming M15 period for validation or invalidation
of this downtrend line resistance line and keep in mind support zone between
49000/48950.
On the upside watch 49500/49735 as first resistance levels to break.
No prediction, just hope. GRCU pot stockAll I'm sayin is that it looks hopeful to have bottomed. One could plead the case of bullish divergence. With legalization in the cards this year, maybe this is a dark horse but it's too soon to tell. I love to draw predictions but I don't really have a lot to work with here. This is one of my long term holds.