BTCUSDWhats up gang IJackPips here with another outake on BITCOIN, we see definitely see price on course to the downside, hopefully touching that 24.50 - 30.00 area on the rsi under the 30min TF. this trade is ALREADY RUNNING, but we do SEE IT projecting to those three BLUE lines. thats where we would want to se eprice slow down bop in that area and wait for the next time it shows divergence to take a buy position back to the upside... SO CURRENTLY we see price falling and are happy to see yet again another trade be running blues. Tune into the livestreams whenever available. and make sure to follow like and COMMENT, and ill reply and get to you. THANKS GANG!
Divergencetrading
SHORT IDEA / GBPJPY- GBPJPY is sitting at a strong resistance area which has been respected for over a decade now.
- GBPJPY is overbought.
- Bearish divergence on multiple time frames.
This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget your stoploss.
We welcome your thoughts and comments! Follow us for more great ideas.
CHFJPY, Long M15 Cup & Handle pattern.If break upper line...In M15, the Cup & Handle pattern was complete.There is a +H Divergence now,so If price can break midel line of Fork, will go to upper line of Fork & after that: if break it too, will can go up til top of vertical line & maybe Resistance line(red line in 117.869).
Notice: Pay attention to the dashed lines and be careful of them.
When the position is suitable for entry, I set the entry and SL & TP points.
Good Luck
GBPUSD Short Trade Setup - Hidden RSI Bearish Divergence It looks like the GPB/USD is going to continue its short term bearish trend. Therefore, I've just taken a short trading position on the currency pair after identifying a bearish RSI divergence trade setup followed by the formation of a price rejection candlestick with a 1:2 risk to reward ratio.
Let's see how this one will play out.
Cheers!
FX:GBPUSD
FESX Stoxx 50 Open Short at Very Attractive R/RHi all,
Monitoring closely FESX over the past month, the chance for a high probability high r/r short opportunity has come. Don't miss it even for a small position just to try!
Following the fibo levels (1.618/2.618), it has turned long at end Oct and climbed to a high level of 3467 in this week after passing the 1.618 fibo level. On the 4 hourly RSI, it is clear that divergence has occurred (higher price levels broken on lower RSI level) with price action also clearly showing compression after the 9th Nov spike.
Two ways to trade this:
1. Enter now at around 3450, with stop at 3472, 1st tgt 3248 (r/r: 9x) , 2nd tgt 3110 (r/r: 15x), probability of profitable trade 50%
2. Enter now at around 3450, with stop at 3512, 1st tgt 3248 (r/r: 3x) , 2nd tgt 3110 (r/r: 5x), probability of profitable trade 85%
Happy trading and please click agree/like on this idea to support my work as well as follow my Tradingview profile to get more trade ideas update.
Divergence in Brent Price and RSI indicator?Are we seeing clear divergence between the price of Brent and the 14-day RSI over last couple of months? Check out my video and let me know what you think?
With the recent double-top, I'm thinking there's got to be a strong case for a Sell position here...
#YOYO $YOYO #YOYOBTC HARMONIC DEEP CRAB PATTERNDear Friends,
Yoyo shows that will rise soon and it did not gep up yet so why it does not fly soon?
Also has nice triangle after breakout and harmonic deep Crab Pattern.
We will see what will happen :)
$KO - potential upside move to $40-41At a quick glimpse, we see divergence between stock and indicators.
Stock's price trend is on a downward slope (red line)
OBV, MACD, and RSI are all trending upwards (violet lines), with RSI gradually coming out of oversold levels (30 or below)
This difference in trend direction tells us there is bullish sentiment behind KO - meaning investors believe KO is at a great price to buy - which will eventually result in change in the direction of the trend.
Please feel free to leave any insight or feedback!!
*this is not a solicitation to buy/sell trades, rather notes for personal use*
Entry 37.98
TP1: 39.03
TP2: 41