There is a bearish divergence so we could see a retracement till the higher low but because the bullish momentum is very strong, especially on the 1 day time frame I think BTC will continue its uptrend. The Fib retracement levels are a very good buying opportunity with SL at HL.
dollar index is bullish and cad index is bearish. Its already in an uptrend so buy on retracement.
BTC is making a bullish divergence and is headed towards a strong support zone we could see a move to the upside from here
There is a bearish divergence and it has started to print LLs and LHs. The sentiment is also 90% bearish. Wait for the major HL to break and short it.
As we have seen earlier the 70-74k region has acted as a strong resistance for Bitcoin and every time it looked to past it, it came crashing down. The bullish rally we are currently witnessing on the 1 day time frame is pretty familiar. We saw this twice before too, but every time the price went crashing down once it hit resistance. This time, however, the higher...
the setiment on myfx in over 90 percent short. A divergence has been played and now its forming series of LHs and LLs so we can short is using the DOW theory.
Th instrument is printing a series of higher highs and higher lows we can play this using the DOW theory and buy on the break of the higher high or on the fib retracement levels. Index for EXY is bullish while the index for USD DXY is bearish
There is a divergence and the DXY index is bearish and CHF index is bullish. We can short this once it breaks its higher low
There is a bearish divergence which indicates a reversal. The ZXY index is bearish and CXY index is bullish which further supports my analysis.
A bearish divergence is observed which indicates a reversal in trend. The instrument has been bullish for a very long time now so there's a solid chance of a reversal. The sentiment is also 94% short. Place the stop loss above the current higher high and put a sell stop order on the higher low. When it breaks the bullish trend will reverse.
Theres a bearish divergence on the hourly time frame. The sentiment is 92 percent bearish on myfxbook. Wait for the higher low to break then open short position.
A bearish flag pattern can be observed which suggests that the instrument will continue its downwards movement. There are no divergences so we can expect the bearish trend to continue in the long term.
The sentiment for this pair is bearish and we can also observe a bearish flag with no divergences.
there is a strong support zone and a harmonic reversal AB=CD pattern also forming The D point of reversal is falling in the support zone which means a reversal can be expected from there
a double top reversal pattern has formed and a bearish divergence is also seen which inidcates a reversal to the down side
bearish trend and a continuation bearish flag pattern