Short IdeaLots of shorts playing the bearish divergence currently getting their heads squeezed off their necks.
be patient and wait.
Rsidivergence
ONEBTC AnalysisI am very bullish on ONEBTC and here are the reasons why;
1- Falling Wedge
2- We are at strong support level (double bottom)
3- Bullish divergence on RSI
Not a financial advice.
AUDUSD for buy (longterm)The price has made a double bottom in a historical very strong support.
MACD and RSI show divergence, so we are expecting the price to change trend.
Comment your opinions!
Trade Ideas Analysis: NZDJPY WVery nice double bottom setup with RSI Divergence, for double bottom fanatic, here you go.
On a higher timeframe, my previous post I did share a bullish shark pattern. For cumulative points system trader, this is an addition to the setup.
Trade Ideas Educator: Bat DivergenceThis 2 trade got caught by the market. AUDUSD got back to the entry price, but still within the sell zone and with RSI Div. I will still hold onto this trade till it either hit targets or my stop.
NZDUSD, on the other hand is much more tricky. No doubt that is an RSI Divergence as well but the candle break and close above the sell zone forming new high. I will also stick to my plans but what're your thoughts.
Love to hear from you what will you do if you had already engaged a short trade on Point D completion.
EOSBTC looking for the reversal (Short Term)Following up from previous EOS TA, a possible reversal to the upside may be in play
Opportunity spotted, looking for a breakout to the upside from most immediate overhead resistance on the 50MA (in green).
Clear 3x instance RSI divergence (high highs on RSI, lower lows on Price) indicative of a reversal pattern - compare this against the longer time lines.
Target range from 0.00088000 - 0.00090000 range (38-50% Fib levels)
Will need a to look out for a clear DI crossover with sustained ADX momentum to confirm this move.
This is quite a drastic pullback from the last breakout so risk/reward ratios are quite favourable :)
$btc.x why do i always gotta be the bad guy?im sorry, i love you call and am a permabull, but i want more bitcoin so i have to short to get more. Pray for me.
Trade Ideas Analysis: EURUSD WA counter-trend trading opportunity appears with a double bottom at the recent low with an RSI Divergence.
For this trade, I will go on a conservative setup and will plan for its build up.
EUR / AUD - Correction after broke bullish trendlineEUR / AUD - Technically, the pair has broken its bullish trendline. The price failed to hold the breakout of a critical resistance on the red line.
We expect the pair to be bearish and move to the green support levels
- Support becomes resistance
- RSI divergence
- Broken bullish trendline
I love such entries because risk-reward is good.
GOOD LUCK and take entry according to your balance.
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Trade Ideas Position: AUDUSD BatA type 2 Bat has formed up, so what is a type 2 bat, it simply means a retest of the entry level of the bat pattern.
Although if the Bat has hit the 1st target during the setup and it is also a counter-trend move, it is not my favourite bat setup for a retest as some traders might have already exited this trade (losing the force to push it up) . In this particular scenario, there is a RSI Divergence and I do see a good potential setup and further extend upwards for a shorting opportunity. That gives fantastic Reward:Risk(RRR), hence, I'm in.
MATIC reversal within four daysA Bearish Deep Crab pattern engaged a reversal. Short target 1 (434) got hit with the type I reversal.
Matic passed the target 2 (400) with this type II reversal.
Talking about this type II, it has to go back to the point where it initially started and on this matter I have another Deep Crab pattern BUT this time it is a bullish one. I kind of expect it to turn over the situation.
Last but not least: the RSI confirmation.
Trade Ideas Analysis: USDJPY MWaiting for a double top to engage this short trade as a trend-continuation trade.
Great trading opportunity for aggressive trend traders but to note the stops might have to place above the bigger pink box in preventing stop-out.
Conservative trader can look into single target engagement.
Did I mention it is also a 5-0 pattern? :)
Is this the trend reversal we've been waiting for? XRPBTCSeems like a bullish RSI divergence is forming on the daily chart. I would like to wait for a couple of more green candles for confirmation since it has been going down lately.
BINANCE:XRPBTC
