Descending Broadening Wedge Partial Decline at an .886 RetraceWe have a Descending Broadening Wedge with a Partial Decline on Zcash at an .886 Fibonacci Retracement with some RSI Bullish Divergence on the Daily.
Bullish Divergence
USDCHF Short Term Buy And Mid Term Sell IdeaH4 - Bearish convergence.
Bullish divergence
Basically I expect pullbacks and then potential continuation lower.
H1 - Bearish trend pattern.
Price has reached a key support zone.
Bullish divergence.
My short term view is bullish and my mid term view is bearish here.
Bullish Divergence & EQ Up Close #BitcoinZoomed in on the Hourly timeframe we can see the EQ playing out a bit more. This EQ however is placed in a position which also indicates that it is a Bearflag.
Aside from the potentially bearish pattern forming, there is also a Bullish Divergence on the RSI below, as indicated by the arrows.
US10 YR Treasury ETF: Bullish Divergence at PCZ of Bullish BatThere is RSI Bullish Divergence at the PCZ of a Bullish Bat that's Visible on the Weekly Timeframe. This may also signal the beginning of a moderate pullback within the DXY as initially, I expect the DXY to show a Negative Correlation with Rising US BOND prices.
4HR Double Bottom with Bullish Divergence on a "Stable Coin" We have a Bullish setup here on this failure of a stable coin and while things look fundementally bad for it i still cant ignore the technicals. I come at this chart with the mindset of all the money i put in is basically like throwing cash in a pit of fire but it's a risk i'm willing to take on the off chance that this Double Bottom plays out. My stoploss is non existant here as there is no support; absent of this Double Bottom playing out and pivoting the UST back to near it's target it can only go to 0 and die from here.
NZDCHF Buy IdeaD1 - Price is bouncing higher from a strong support zone.
Bullish hidden divergence followed by continuing divergence.
Expecting the price to move higher further.
H1 - Bullish trend pattern.
Higher highs.
Until the two strong support zones hold my view remains bullish here.
ACMUSDT | Falling Parallel Channel - Bullish DivergencePrice action and chart pattern trading
> Falling parallel channel correction - Entry @ Pullback
> Target upper parallel channel resistance / SMA50
> 2nd target at key volume profile resistance level
> Stoploss at the lowest LLS bullish candlestick
> RRR: 3:1
Indicator:
> Smart money strong volume support
> Banker chip multiple entries
> Fundflow RSI bullish divergence signal coming out of the oversold zone
> KDJ stochastic bullish divergence
> BBD signal bullish approaching baseline indicating stong uptrend swing
Always trade with affordable risk and respect your stoploss
Bullish divergence + local low ichimoku scorePotential rebound coming in to the end of the week/early next week. Price may test the box another time, as it has shown to be resistance.
Weekly Double Bottom with MACD and RSI Bullish DivergenceWe have a Clear Double Bottom Visible on the Weekly and Lots of Bullish Divergence and Little Resistance above
EURCAD - Looking To Buy Pullbacks In The Short TermD1 - Price is bouncing higher from the psychological level 1.35.
Multiple false breaks with bullish divergence.
Expecting short term bullish moves to happen here.
H4 - Higher highs.
No opposite signs.
Until the two strong support zones hold my short term view remains bullish here.
GBPUSD BB Breakout Daily lost selling momentum. Created dojis.
Bullish Divergence on 4H and 1H.
15min Bollinger Band breakout coming.
Expecting 1.24700 area to be reached which is also an intraday pivot level for today.
UNVR is at the PCZ of a Perfect Bullish ABCD Leading to EarningsI will be speculating on the earnings today by Buying the June 17th Calls as we are at an ABCD PCZ with Bullish Divergence on the Daily. It is quite a bit sketchy that we are developing this Harmonic after having just broken down through a Demand line so i will be risking less than usual here but im still optimistic enough about the chart to take the chance.
A simple divergence trade on AUDUZDAUDNZD is in a strong uptrend. There are some reversal signs on H4 but we can back this to test the high of 1.11000.
M15 bullish divergence. Stop loss is just 40 pips. Good luck!
EUR/CAD: Bullish perspectiveEuro/Canadian Dollar show us a momentum of possible change of trend in this Forex par. So, in the RSI we see a lower high in the divergence developing and we could to have a good perspective to see long.
I hope that this idea support you1!!
bitcoin stoch diverging bullishlyit seems like a temporary bounce may be squeezing shorts on the daily indicating a retest of the 37k area monthly trama 12 is still in the high 40ks but sinking
EURUSD: Bullish Gartley and Double Bottom on the MonthlyI feel like this Gartley could extend further down towards the 88.6 Retracement as that would be closer to the 1.618 Extension of this Gartley but it seems like it could be just as valid for it to reverse here at the 0.786/1.414 Confluence Zone so I will opt to try my luck and take an entry here and if it goes lower near the 886/1.618 Confluence area later i will try again later at those levels which is why i will opt to maintain a tighter stop than usual on this particular entry so that it could make more sense to try again if we ever hit those lower levels at the lower Confluence area.
We are also nearing the Bearish Target of a Previous Macro Setup i posted on the Monthly last Year in August that can be seen here:
BTC/USD Bullish DivI'm looking at some on-chain metrics such as dormancy levels, and I think if we can manage to decouple, it looks like a possible entry to accumulate. I see some bullish div on the RSI, so I'm going to be searching for some confluence in the upcoming days. On my previous weekly chart, I showed an Elliot wave scenario and mentioned I'm going to be looking for more confirmation on the shorter time frame. This is a hint of confirmation for me.
VRM Massive Falling Wedge on Bullish DivergenceI haven`t seen a chart pattern more bullish than this: Falling Wedge combined with Rising Volume, Bullish Divergence and Strong Analyst Raring.
I think we might see a spike to the $5.95 resistance this month!
Looking forward to read your opinion about it.
BTTC | Bullish Divergence - Falling Wedge Ending Triangle?Price action and chart pattern trading
> Local falling wedge ending triangle pattern within a global falling flag corrective ABC.
> Trade setup - entry @ falling wedge breakout downtrend line wave ii and iv.
> 1st target 0.786 - 1.0 upper resistance flag - upside +20%
> Stoploss @ the lowest falling wedge position zone - downside -10%
> Risk reward ratio: 2:1
Indicator:
1. Smart money volume support
2. Banker chip entry signal
3. Fundflow RSI reversal pattern coming out of the oversold zone
4. BBD signal - bullish divergence - just below the baseline
5. KDJ stochastic bullish divergence
Always trade with affordable risk and respect your stoploss
EURGBP Buy IdeaW1 - Price is bouncing higher from a strong support zone.
Bullish divergence.
H4 - Bullish trend pattern.
Currently it looks like a flat correction is happening.
Until the key support zone holds my view remains bullish here.
A valid breakout above the top of the range would be the validation for this bullish view.
$PINS: Bullish Divergence at PCZ of Bullish BatPintrest is at a very interesting area and we are already getting a bit of a Bullish reaction here once the MACD crosses Bullish on the Daily we should see some nice follow-through
I want to break free $KDARSI outperforming recent trend on the smaller time frames - If you zoom out KDA on the larger timeframes is a large descending wedge. Time to break free.
BTC bullish divergence from a bull flag in a bearish channelThe next few hours/days look to be a potential "break or bounce" moment for bitcoin.
After the recent lows from January, a precipitous channel had formed and was broken upward (light-blue dashed lines) forming what looks to be a bearish channel for which the price current is dancing along the bottom (solid white lines).
What is interesting is that bullish divergence has formed for both RSI and the MACD histogram (dashed white lines) in what looks to be a short-term bull flag (dotted white lines on price). As a result, there is a possibility of a bounce here potentially toward the 50% Fibonacci retracement level toward the top of the channel (near 50K). However, should price buckle here, there is a chance that the price could continue to fall down, even to near 32-33K (recent bottoms & Fibs) and potentially even 27-28K (the longer-term 61.8% Fibonacci from the 2020 Covid drop) and beyond (i.e., 16-20K due to 78.6% Fibs).
Looking at ALTs, there is a common trend of bullish divergence, but additionally quite a few ALTs still have some room to continue downward before a bounce back upward. I should warn that ALTs typically will follow the price of BTC, and BTC typically follows the trend of the general market, which has not been looking good as of late, but should any of the ALTs form a more definitive trend, I will post about them as well.
But as always, this is solely my opinion and is not in any way meant as financial advice. But please like or comment if you agree or have any further opinions.
