MACD 4HR Hidden bearish Divergence near top of Parallel ChannelLooking to target the potential bottom of the channel at the 0.786 retracement for profit taking
Hidden Bearish RSI Divergence
USD/JPY is still gonna dump!Hi every one
U.S. Dollar / Japanese Yen
the USD/JPY has a strong bearish trend going on as you can see after a long time the price couldn't increase from it's previous top price (the chart is in weekly time frame but there is a strong support as well which the price reached it multiple times and increased from that point.there is Hidden bearish divergences as well on both MACD and RSI which makes the bearish trend stronger!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
The DEFINITION of Divergences!
USDJPY 16/01/2021 Short 300 Pips TP here we can see the Price is ranging in a descending Channel and it is showing a bearish wave
we can see a Hidden Divergence with the MACD as the price is making Lower Highs but MACD is making Higher High so it can be sign of trend Continuation with a higher volatility...
in order to speculate the next target we have specified the supports on its way, by Fibonacci Projection we can have some higher probability that the price shall reach the Minimum of parallel level which is 101.33 and henceforth
i have specified our TP Zone too
please comment your ideas
EURUSD Hidden Divergence Bearish trend Continual Hi
as we had observed the Convergence in our bullish trend and it reversed the bullish trend to bearish now
We can see a Hidden Bearish Divergence with MACD and RSI, which is a sign and confirmation of Bearish Trend Continual and we can target our short for -61.8 of our Fibonacci projection which is having confluences with our 61.8 bullish Fibonacci retracement.
the Suggested TP are
1-TP=1.1605
2-TP=1.1505
please comment me your opinions
Looking Bearish Potential Gap fill could take us down over 20%They recently got charged $3.2bil more info here: www.abc.net.au
Travel restrictions are not going anywhere anytime soon thanks to covid-19; Nothing looks nor sounds Bullish about this stock to me.
You've got Hidden Bearish divergence on multiple timeframes.
Lets fill the gap.
BTC - Hidden Bullish Divergence The KDJ indicator is showing hidden bearish divergence as it has made a higher high while bitcoin has made a lower low.
Proceed with caution.
EURUSD Short UPDATEDHi
as we had analysed the EURUSD on 24-08-2020
as we were bearish on the pair, i am updating that analysis based on some more new confluences.
which are a bearish hidden divergence with MACD and a break through the lower bound of formed Triangle as well as our higher time frame Chanel's top band
which was earlier a support and now turned to the resistance
currently the trend retesting its resistance
i am expecting a continual bearish trend up to the parallel leg of our Fibonacci projection at 1.1725 which is ultimately the lower band of our long Chanel
please comment your ideas and opinions for me
and follow the page for further updates if you liked the idea
Bearish Hidden Divergence Bearish Hidden Divergence on this pair and we have been seeing price ranging for weeks on, for a good entry I would suggest you go down to the lower tf and wait for the breakout below the range and enter at a retest of it. Cheers
Tricky MondaysPreviously looking for buys at 1.23500 support but decided to wait for price to form support above 1.24055. Price may just be moving funny or wee still may have a weak pound looking bearish. I've also spotted Hidden Bearish divergence on the 1hr timeframe so we may see a nice push back to the downside.
XAUUSD Short OpportunityHidden Bearish RSI Divergence is present. Indicating a possible bearsish continuation.
Currently trading in a descending channel.
Short the apple!What is the support and resistance for Apple Inc. (AAPL) stock price?
AAPL support price is $312.55 and resistance is $323.33 (based on 1 day standard deviation move).
This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAPL stock will trade within this expected range on the day.
Apple is going to drop 5-10 dollars (my prediction)
goodluck trading!
( Hidden bearish divergence )
CHF/JPY BEARISH CYPHERCHF/JPY FORMING A POTENTIAL BEARISH CYPHER. PRICE HEADING TOWARDS A RESISTANCE TREND LINE WHILE INDICATORS SHOWING POTENTIAL HIDDEN BEARISH DIV
BTC/USD PRICE DUMP COMING?BTC /USD COMPLETED A BEARISH BAT PATTERN. AND INDICATORS SHOWING PRICE REVERSAL MAY BE IMMINENT .
Sell May is coming!!! Hi! According to the chart, I call short because:
1. Rising Wedge pattern
2. A hidden bearish divergence between RSI and price action on 4hr and 6hr timeframe
3. Macd trend to move down
4. resistance 9k
5. RSI daily is overbought
It just my idea which is not recommended to buy or sell, and you have to manage your own risk and reward yourself.
Nifty Bearish Hidden DivergenceOn daily we had seen bearish hidden divergence and price has made breakdown from short term trend line
Dowjones Index50% Fibonacci retracement level cting as tough resistance...... is it end of pullback ?????
Wynn Daily - Short - Medium Term Bearish Although a rather simple setup, I find this appealing nonetheless. Here are some key takeaways going into tomorrow's open.
- We appear to be forming a bear pennant. Note the two wicks to the upside that ended in the Daily candle closing down. It appears that Shorts are prominent along this upper resistance. The volume also appears to be in confluence with the selloff as well.
- We do have a minor Support level around $52 that goes back to 2008 - 2009 and 2015. We also have additional Support at approximately $42 from 2008 - 2009.
- The RSI is forming a Hidden Bearish Divergence. Look for the RSI to top off here and begin to trend downwards.
- I expect price action to somewhat resemble the squiggly lines I have drawn out. I expect a test towards the bottom of our bear pennant between $54 - $56. From there, I see two scenarios playing out. The first would result in a bounce back to the upper end of the bear pennant, but I would still favor a breakdown after the small bounce.The second would result in a breakdown towards my noted Support levels.
- Given that the Futures are already down and that Hospitality has been taking a beating during COVID-19. I hold a bearish stance on $WYNN overall.
- This idea IS INVALID if price were to break above the bear pennant and hold it upon a retest.
$LYFT Elliot waves downtrendWe can see in 1 day chart of Lyft stock the forming of an elliot wave in the downtrent direction and the possible areas of the ABC corrective pattern.
The downtrend was also confirmed by the hidden divergence we can see in the chart with purple lines.
Hidden Bearish Divergence - Total2 marketcap alts!Hidden Bearish Divergence - Total2 market cap alts!
Potential bounce from there and the beginning of the alts season!
NZDUSD Short possibility Possible short with Hidden bearish divergence and cross of blue trigger line of KVO after a substantial short term downtrend. 3 potential tps, wait for confirmation.
Bearish Engulfing Pattern and Hidden Divergence confirm A bearish engulfing pattern can occur anywhere, but it is more significant if it occurs after a price advance. This could be an uptrend or a pullback to the upside with a larger downtrend.
