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Bearishdivergence

SXP/USDT Update: Fully reached our >200% Target. SXP did very well the last month and gave us >200% gains. Hope you enjoyed the ride. After such a rally and looking at the bearish divergence (price action against volume) it looks like we get a drawback before we aim for 5$. Possible entry zone is shown with the box. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
EURJPY Neutral status 22/01/2021here we have 2 scenarios of Bullish and bearish, the price action shows a higher chances of bullish rally but at the same time we can see Bearish Divergence on MACD, so we can wait and see or use this chart as a template and apply your analysis and find your confluences with it and choose a side personally I am bearish on it but as I said there are risk on this side too we have specified some Support and Resistance levels where you can target for bearish we can target the intersection of our trend lines which is at 123.66 please comment your opinion for us I apologize for the messy chart... :)
by BitonGroup
2
DowJ divergence and market collapse by end of year??The monthly Dow index is dominated by divergence, thus indicating the direction of the market, the same was in February during the covid-19 expansion (the market anticipates this a few months before and do not understand how it did so). With the formation of the divergence against covid-19, it began on September 04, 2018 (dark red) (blue line on January 2, 2018) and ended on December 02, 2019, it caused significant damage to the market along with the covid-19 pandemic. But the bears divergence was replaced by a bull that started on January 4, 2016 and ended on March 02, 2020. And the bull divergence was much longer and the market went much higher. And this new divide divergence, which began on January 2, 2018 (dark blue line) and may end in the second half of this year. I think after this long bull market there will be a pretty strong market depreciation later this year, and definitely stronger as it was a couple of weeks ago. But as I mentioned, if rsi rise above 93.09, otherwise there will be bears divergence and the Dow index will fall, thus starting to collapse the market. From a technical analysis point of view, everything is very simple and basic. But it is a powerful tool that makes a big impact on the market. If you have anything to add, write it in the comments.
TVC:DJI
by MantasJanusaitis
GC possible back to short. Make up your mind already!So GC do not know what it wants. Now at neckline. Critical 4hour candle - if price break below 4h neckline on 4h candle close take short position. Aggressive sell on break of neckline or conservative sell on retest. - weakened demand zone (already reacted to prior demand zone) calls for possible lower target= more profit. However I would still take at least partial profit here. - relatively weak support at black lines. If price finish above neckline on candle close but rsi close below neckline on its head and shoulder still consider short entry. This is bearish divergence on lower time frame. Especially with close below the 50 line.
COMEX:GC1!Short
by UnknownUnicorn11430563
2
Day Trade $133 strike price I see NKE hitting $133 no later than Friday, however... Technical analysis shows we are due for an imminent dip and it will be a hard dip, here's why. Strong sell signals indicated by guth 3x triple confirm, which has pretty decent accuracy D+ showing a red cloud above the candles indicating strong bearish divergence Resistance has just been met as indicated by the Kurutoga cloud ( teal cloud beneath the candles ) MACD shows weakening bullish divergence RSI is also pretty high compared to its previous low My plan is to buy at open, let fall a few dollars and sell for a quick 50% profit. Comment your thoughts below
NYSE:NKEShort
by Myantman101
12
BTC - H1 - TRIPLE TOP !H1 : Recent price action triggered a triple top formation coupled with bearish divergences !!! Bearish engulfing pattern, confirmed by another long black candle pushed BTC down, breaking on its way the former uptrend support line in moving down below Tenkan-Sen, Kijun-Sen and Mid Bollinger Band. Next short term support is now @ 52650 former peak of March 3rd ahead of the clouds support area which iscurrently very thin = FRAGILITY !!! Interesting to note that the 38.2 % Fib ret is @ 52200, in the middle of the clouds area ! Watch also carefully M15 to detect early signal (s)
BITSTAMP:BTCUSD
by Ironman8848
1
Shorting COF AgainI have a watchlist of stocks that I go through and find the stock with the greatest probability of reaching a certain price based on technical analysis. Based on the indicators I use, and candlestick trends. I see COF dropping again. $128 might seem like a cheesy prediction, but that is just the put I bought. It was almost $130 a share when I purchases that put today. However here are my reasons behind shorting this stock. Again :) Sell signal on guth 3x confirm Double Sell signal on D+ which is so accurate cost a subscription, D+ also shows high amounts of bearish divergence as indicated by the red cloud above the candles. Weakening bullish divergence as indicated by the MACD RSI 58 which is on the higher end for this stock Room to fall as indicated by the Kurotoga cloud which acts as a base for support ( the teal cloud under the candles ) Like if you agree that COF can hit $128 or lower this week, and comment your favorite stock below you want to see me add to my watchlist. I will be picking 1 stock a week to short or go long on. Happy trading!
NYSE:COFShort
by Myantman101
5
GBPUSD Short Term Sell Idea After Bearish Trend PatternH4 - Price is bouncing lower from a key resistance zone formed by the 100% Fibonacci expansion level of the first wave and the 61.8% Fibonacci expansion level of the second wave. Bearish divergence. Price still has room lower towards the key support zone formed by the 38.2% - 50% Fibonacci retracement levels of the bullish trend pattern. H1 - Bearish trend pattern. Until the strong resistance zone holds my short term view remains bearish here.
Short
by VladimirRibakov
2
Bearish Divergence?Hello! As a new trader looking to learn and share, I'm always interested in hearing everyone's thoughts. GRN looks to have been strong and making nice bounces with higher highs with what looks like good accompanying volume, but I'm seeing a bearish divergence on the MACD and RSI steadily making lower highs. I'm thinking this could be at least a signal to be cautious of the pattern stopping, either pullback or consolidation. As always would love to hear everyone's thoughts! Take care everyone
TSX:GRN
by TomK11
4