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..
Rsi_divergence
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..
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!!!
NQ1! - A rebound could be nearNQ hit a low of 11590 yesterday, a level which has a confluence of a horizontal "resistence turned support" as well as the 62% fib retracement level of the recent AB swing up. Add to this a bullish divergence is forming in the RSI.
It could remain choppy around here a while more but the odds that a bounce will materialise soon has increased.
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.
S&P500 - SPX• Reached the target price of the flag formation which was build up in June for the second time.
• Index broke through the upward trendline
• Looks like that the Index is moving sideways under the top from September 2nd
• In the weekly chart the RSI is showing a negative divergence which could be a game changer
ZM w/ some Bearish Divergence, a Descending Triangle, & SMA TestI'm not an expert by any means, but unless some news comes out supporting the prolonging of "lockdown" or "quarantine" (promoting Working from Home for longer), I see ZM taking a solid dip, if not a dive if a daily candle closes below the 10-SMA. I'm seeing this idea supported in the RSI Bearish Divergence, Descending Triangle forming, and even the MACD indicating a change in momentum with not only the Crossover, but also an inflection point in the signal line beginning to slope downwards rather than upwards.
Again, all it takes is some Breaking News or a NASDAQ rebound to cancel all of this out. But if that doesn't happen early next week, this is what I'm thinking...
break through 2009 upper trend line FAKE or REAL it might sounds crazy, but if this break through holds. We are in for hundreds of points to come in the next few months.
KEEP IN MIND, that Elliott wave, Bollinger B, seasonality and many other analyst say that we r at a TOP or near a TOP ?!
time of watching closely anything could happen at any time. Just remember this cycle 2009 to today is longer and it's extended
much more than the previous ones. and every analyst you see talking about it They ALL FAILED AT Picking UP THE TOP SO FAR ?!
wish everyone the best.