Bearish XauusdThree drives pattern and bearish divergence in RSI
Risk/reward: 3.3 and 5.9
Break even at Tp1
Close the rest at Tp 2
Rsi_divergence
Analysis Gold hello traders, you see when there is a lot of conformations in those area. There is an huge gap area on the 4 hour downward. Divergence on top of candles and IRS. Head and shoulders form. Short sell coming. All you need is 20pips a day to change your life. Catch a pieces not a whole. Thanks for reading!
Berger paints good short candidateBerger paints cmp 615
Bearish butterfly pattern formation on daily time frame
1.27AB = CD pattern formation confluence around same levels
pattern gets violated above 680 levels on closing basis
down side 10-15% fall possible
Reliance good long candidateReliance spot cmp 1875
Bullish crab pattern formation
PRZ zone around 1840 levels
SLZ zone below 1780 levels on closing basis
Target around 2000,2060,,2135 levels..
Elliot wave counts
Counter is trading in major impulse wave 3 of bearish impulse phase,,
Major wave 3 can mature around 1800 levels,,
If major corrective wave 4 unfolds from this levels we may see good reversal till levels of 2050 to 2150 levels..
Inter mediate impulse counts of major wave 3 , may mature around 1840 levels and reversal for corrective phase can be seen
RSI divergence :- price making lower low and RSI is making higher low,, bullish divergence observed in this last fall,, indicate reversal on cards
Bank nifty good short candidateBank nifty good short candidate at cmp
Elliot wave study suggest impulse phase on verge of completion,,
soon corrective phase might unfold and reversal till levels of 24800-24300-23800-23100
can be seen.
view gets violated above 26600 levels on closing basis
Hdfc bank good short candidateHdfc bank
Deep crab pattern formation
PRZ in range 1260-1270
pattern violation above 1304
down side 1220,1190,,1170 possible
BAJAJ FINSERVE good long candidateBajaj finserve spot cmp 5535
Bullish BAT pattern formation
PRZ in range 5460 to 5530
Price making lower low and RSI making higher low, bullish divergence.
Good to go long in range 5460 to 5530
Pattern violation below 5390 levels on closing basis
Targets of 5800-5900-6000..
Asian paints good short candidateAsian paints spot cmp 2220
Deep crab pattern formation, bearish
PRZ around 2215 to 2240
Pattern violation above 2260 on closing basis
counter is trading around trend line resistance of rising channel pattern
price is making higher high and RSI is making lower high, bearish divergence
Good short candidate
Down side levels of 2121,,2060,,2010 possible
Hidden Divergence this is an exemple for hidden divergence wich mean's market will continue with same direction DOWN
Bitcoin Short Heavy Bearish divergence on RSI 4HGood entree right now for a short Take profits at 12,892 - 12,470
Stop Loss at 13,750
Leverage trading is not for beginners practice good risk management
Not finacial Advise just a idea
CADJPY LongCanadian Japnese Yen
Same trading tactics
At the end of the month short term trades are much riskier.
Blue line TP1 and move SL to BE
DNLI - short term swing upDNLI pulled back into support zone 39-40 (horizontal & 50% fib retracement of the recent AB swing up) and started to stage a rebound last Thursday, followed by a retest of the support zone on Fri and again rebounded to close with a bullish dragonfly candlestick. This coupled with bullish divergence between price and RSI increased the odds of a sustainable bounce from here (with a stop loss just below the support zone @ 39).
However! (risk disclaimer here) with presidential election and earnings round the corner, it might be prudent keep positions small or scale out at least partially before these events.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
NZDUSD - Head and Shoulder and Rising Channel in PlaceTrading Confluences
Price is at Daily Resistance Level
Head and Shoulder Pattern at the Daily Resistance indicate lack of Buying Pressure
A Rising Channel After a Strong Bullish Momentum Indicate that on-going Momentum is Fading
RSI Divergence
Trade Forecast
Consider Going Short if Price Break Below the Local Structure Level Marked In the Chart
Head Over to Trade Revenue Pro to Learn How to Trade Forex Profitable Way.
Bearish view on Adani PortsNSE:ADANIPORTS
The 15 min. chart of ADANIPORTS shows bearish view as it form three black crows at the resistance level of 366.90
It has also formed a bearish divergence with RSI.
In 5 min. chart is has slipped below the 50 days Moving Average.
It is about to form a bearish MA cross in the upcoming Trading Session.
It can possibly touch its support at 346 in upcoming days.
Target 1- 354(Inverse Golden Level 0.618 of initial support-resistance swing)
Stop Loss- 369
I can be 100% wrong.
Do your own analysis before trade.
Happy Trading!
TATA steel good short candidateTata steel spot cmp 420
Bearish BAT pattern formation
PRZ around 419 to 422 levels.
Rising channel patter :- counter is trading around resistance line of rising channel formation
RSI divergence :- price making higher and RSI making lower high,, bearish divergence..
AT cmp counter is good short candidate
Pattern violation above 433 levels on closing basis
Down side 400,,390.380 levels possible..
EURUSD - Will Price Able to Break Below Previous HLFX:EURUSD Trend Reversal Trade
RSI Overbought on 4 Hour (This is very significant - Check out Trade revenue pro blog for why)
RSI shows divergence on the 1-Hour chart
Price is at the previous HL if this level broke the whole trend is going to invalidate.
ACC good short candidateACC spot trading around 1610 levels
Good candidate to go short
with some alteration in pattern there is formation of DEEP CRAB pattern,,
Counter is trading at long term trend line resistance
RSI bearish divergence seen ,,
view gets violated above 1650 levels
Down side fall till 1550-1500-1460 can be seen
Bank nifty good short candidateBank nifty spot cmp 24700
Elliot wave theory
Index is on verge to complete 5 impulse wave of impulse phase,, soon corrective phase might would unfold and lead price to wards 23000 to 22000 levels,, RSI is making bearish divergence..
Can be short around this levels
view gets violated above 25400 on closing basis
down side 23000,,22000 possible..
Hdfc bank good short candidateHdfc bank spot cmp 1245
Deep crab pattern formation
pattern violation above 1280 levels
down side fall of 7 to 10% possible
TECHM good short candidateTECHM on weekly time frame
Bearish AB =CD pattern formation
pattern gets violated above 909 on closing basis
Down side 10-15-20% fall possible
Hero moto good short candidateHeromoto spot cmp 3365
Good positional short candidate
Inverted head and shoulder pattern formation..
Counter currently trading around resistance line of neckline and mid point of rising channel,,
RSI makind bearish divergence,,
Ever 150 trading session counter is changing it trend,, as per this 19 oct can be perfect trend change date
Counter can be short at current levels with stoploss of 3400 and hold for 10-15% down side targets...
HDFC good short candidateHdfc ltd
Bearish AB = CD pattern formation
good candidate to go short
view gets violated above 2108 levels on closing basis
BItcoin could be reverse to the $11,100 USD!!!Bitcoin in H4 and H3 timeframe, I detect a bearish divergence that the price could be to drop. Ok, as Bitcoin is formed a bullish rising wedge on H4 timeframe. we could see another drop unti lthe $11,350 USD. So, I closed up my long position right now when yesterday I send you an alert that BItcoin is prepared to go bullish from $11,730 USD that was my positio that I entry in long, but right now, I see that in H4 Bitcoin doesn't have force to continue up. That could be a manipulatio pure and we need to be carefully on what cryptocurrency do. And then, today, I closed up my position on Ethereum and Litecoin becuase has sign to reversal. And then, Ethereum touch my break even, and then, don't worry about the loss, becuase just I losses less of $2 dollar, but in Bitcoin I recover this $2 USD losses when I lcosed up this position as I detect this reversal trend soon.
So, I put my sell order limit at $11,800 USD, that was a resistance that Bitcoin falls in two ocasion and then, we hope that Bitcoin make a reversal of the trend. Now, the SL I put on $12,000 USD becuase the $10,800 USD it's a critical point of bears scenario and we could see this as manipulation, like Ethereum do!!!
The share with you the RSI and RSI show us a bearish position and the movement was volatil that Bitcoin could be manipulated, so that turn a Bitcoin bearish until the $11,350 USD go back!!!
Ok, looking in H3 we see with clearly that Bitcoin has a bearish divergence on the RSI. That is a signal that bulls are out and then, bears going to control it.
So, if you have any question about this manipulation of perspective, please comment. I see that in ocasion the crypto-market is volatil and there's a manipulation movement. Yes, it exist, but the most important is your risk management!!!
