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Bearish Patterns

NVIDIA: FOMO bulls beaten badlyIn my previous screencast of 17th November, below all this text, is the story of someone (not from Tradingview) messaging me to ask if NVDA was good to buy. They were disappointed when I simply said "No". In the current screencast I follow up on how the FOMO bulls were punished for attempting to hunt a gap too early. This screencast is not advice. I am not saying that NVDA will not rise again. The point of this video is solely about appreciating when not to go in . I'm not saying that now is a bad time or good time to enter long. There are lessons in this: 1. If you're with the trend it can be your friend, else it's your enemy! 2. Avoid news and social media crowd sentiment. 3. Avoid gurus.
NASDAQ:NVDAEducation
by Captain_Walker
Definitions: Every type of decline in priceUnderstanding the definitions. Here they are, well this is my own definition, but look into any book it will be quite similar. I will post examples to show why that makes sense. First, this applies to anything that has enough participants, and enough market cap. I do not have an exact number, but if something is not public or next to impossible to trade kind of "secret" or "underground" and has a market cap of 25 million, rules do not apply. If something is a NYZE listed company with a market cap of 500 million it applies. Applies to gold, does not apply to granular piss (actually maybe it does as people are really buying this stuff and using it well idk but let's just focus on anything that has lets say a mcap of at least 500 million, the definition could be pushed to anything over 2 billion to be "safe"). The time span for declines is 1 to 2 quarters. The definition will be different for FX, numbers are smaller, and for crypto, numbers are bigger like 25% for Bitcoin is just a correction. Here are the different categories - truer definitions would use percent drops compared to average market volatility: Correction: 10% decline Bear market: 20% decline Crash: 35-60% decline MegaCrash: 60%-80% decline (less than once in a lifetime) Death: 80% decline Ponzi: 90% decline Here is the example of a correction: Here are examples of a bear market: Here are examples of market crashes: Here is a mega crash: Here is a death: Here are a few examples of ponzis :): 1- Every single stock Jordan Belfort has ever participated in. 2- 3- 4- 5- 6- 7- 8- 9- 10- 11- 12- Well any stock or crypto you find in a "hot stock" list that is "very cheap" and "a great buy"
DJ:DJIEducation
by MrRenev
2
Head and ShouldersA Head and Shoulders Pattern is a chart formation that resembles a baseline with three peaks,the outside two are close in height and the middle is highest In TA this pattern it s essential to predict when a bullish trend will be changed to bearish This Head and shoulders pattern appear when: After long term bullish trend the price rises to a peak and after declined to form a trough The price will rise again to form a second high peak and declines again And third time the price rises also but only to the level of the first beak before declining once more The first and third peaks are shoulders and the second peak which is upper(heighest) will form the head,in this case head and shoulders will appear
Education
by CryptoRomaniaTD
2
CONTINUATION BEARISH PATTERNSBearflag:is a sharp,strong volume decline,several days of sideways to higher price action on much weaker volume followed by a second huge decline with a strong volume.Target is a NEW LOW Target: for a bearflag pattern is derived by height of the flag pole(ex if this height is 5%) the decline target for breakdown will be 5% Bearish Pennant:this pattern is bearish in nature and indicates that the current downtrend in price may continue.This pennant it s appear after a drop in price which will looks like a triangular flag as the price moves sideways .This slowly makes lower highs and higher lows which will confirm the bearish price action The downtrend continues with another identical-sized fall in price so here we have an oportunity for short trade Rising wedge:is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows.In Contrast to symmetrical triangle which have no definitive slope and no bullish or bearish bias rising wedges definitely slop up and have a bearish bias(in the final is a breakdown from this wedge) If we put this pattern at the continuation category the rising wedge will still slope up but the slope will be against the prevailing downtrend. The final break of support indicates that the forces of supply have finally won out and lower prices are likely.There are no measuring techniques to estimate the decline.
Education
by CryptoRomaniaTD
BTC 2018 Bear Market meme TrianglesThe 2018 BTC Bear Market is littered with these Meme triangles. Despite many CT accounts suggesting they're bullish formations, 75% of them are 'Continuation patterns' See well known educational websites. The current Triangle we're trading in is arguably a 'Descending Triangle' which is bearish. Previous formations in this bear market have resolved with a breakdown ~65% of the way to the apex of the Triangle. This would be 24 September 2018.
BITFINEX:BTCUSDEducation
by BravoTangoCharlie
Quick post. It is all just the same don't you see...We are only in the early phase of step 2... Can you see it? Markets are governed by fundamentals and psychology. Crypto fundamentals are non-existant, hence it all makes sense, they are fully governed by psychology. Does not matter if we go up or down, it's all the same. And the exact same people that were in disbelief in the early stages of it going up are now in disbelief and starting to slowly realise the bull market might be over. First, the shitcoins will go to zero, then the big ones will follow and go very low. Not $3000 Bitcoin, nono, not $2000 Bitcoin, not $1000... This is really good, from this guy twitter twitter.com "How bear markets end: 1) worst fundamental cos capitulate 2) broad market capitulates 3) best fundamental cos capitulate. at #altcoins like $XRP we‘re closer to 1), maybe 2). You think #bitcoin seen bottom=you believe manipulators keep artificially high or in for surprise $BTC" The thing is, he is wrong about where we are .... Ripple is not at 1 yet... This crash has not even begun yet! There is much much more downside coming next. It will take way more time, this is only just the beginning. Most people barely even started to realize we are in a bear market. Everything is the same, it goes up, it goes down, the reactions are the same, in parallel. Bull market: 1. Early stages = disbelief "nah it won't go up this is a sucker rally" 2. Hope "maybe..." 3. Optimism "Time to get fully invested" 4. Euphoria climax "I am a genius!" (says man from netherlands that sold everything to buy crypto and now lives in the woods with his family) + fools probably buy on leverage. Bear market: 1. Early stages = disbelief "the weak hands got shaken out, here is my CONSERVATIVE 50.000$ target for 2018" 2. Opposite of hope "maybe..." 3. Pessimism "I better sell before I lose everything" 4. Despair climax "I am an idiot!" And so, at the very end of the cycle they finally get it right and realise they are idiots... Know what? I actually prefer my own version to the "official" ones.
BITFINEX:BTCUSDEducation
by MrRenev
46
[b]Catching the PIP's with my sonar radar Setup[/b] FX:GBPUSD Description: GBP/USD shows strong support within DeMarker indicator (DeMarker was used to replace RSI and Slow Stoch) MACD and MACz Vwap shows continuation of the bullish uptrend for hourly and daily chart high time-frames Within opening bell wait for Fractals v9 TUX EMA Scalper and CM_PSAR EM Envelope confirmation for the entry positions. Put your S/L within the EMA BB and use MTF EMA and 3EMA as the support and resistance of your positions. Look at the different time-frames to minute, hourly and daily for trends and patterns This is good for intraday/swing trades not scalping short time frames. If you want to scalp look for Fractals v9 TUX EMA Scalper and CM_PSAR EM Envelope confirmation . Good for traders sitting at the desk waiting for the trend confirmation. Very High expected PIPs return when the strategy followed the trend. Good luck traders and happy hunting !!
Education
by razeswag77
Research! Research! Research! I smell blood.I don't disagree with the notion that right now we are set up almost identical to the market in 2014. I don't disagree that we probably have a while longer before we see a bull run. But I am pretty confident we aren't going to see 2+ years of bear market and I don't think we will see a 2+ years of bull market after. I think what we are experiencing is the final days of true manipulation, the beginning days of true adoption, and a culmination of some really strong forces. The noise will continue, but the rise will be more steady. Let me explain... Maybe we haven't hit rock bottom but with the bulls crying their eyes out and people shorting so sure of themselves, I would say that it's a pretty good time for some or all to get wrekt. Think about it. There is a moment when you can make both animals cry. The minute of reversal where it's obvious that a massive gain is coming, but hasn't yet so the shorts get liquidated because of the lack of coverage. And then there are the bulls that so badly want something to moon, but in reality it's going to be a slow steady climb. Going back to the rate of adoption, think of the bell-curve that happens. No where in that curve is there a break. Adoption and price accelerate through about 1/3 of the total life cycle. There is however sometimes a chasm, much like the described perilous valley in the accepting of humanoid robots, that causes confusion before all of the early adopters get on board. The only thing there is to determine is how long the life of a cycle will be. In my last post I messed around with GDPs of five countries. I found at just one percent of their GDP in crypto-currency, the number is actually a little more than what the current market cap was listed at that day of 299B. In a perfect world right now we would see enough growth through adoption that we could take profits and new money coming in would offset the profit taking. But instead let's see what a macro story can tell us. Right now there just aren't enough retail stores taking crypto to make a difference but what happens when that threshold is crossed. 1. Some one buys something with crypto. 2. Price of crypto goes up due to fiat entering a market. 3. Amount of fiat in cirrculation goes down 4. No reason to sell crypto for fiat because enough retail to sustain oneself. 5. You get paid in crypto from work. 6. You buy more stuff gradually shifting more GDP to crypto. 6. Cycle repeats. This is what we should be striving for but due to where we are in this adoption cycle right now we are still ironing out wrinkles and people don't see a bigger picture. So Research, Research, Research! Prop up your own currency and figure out how you can make actual differences. Lastly, sniff around for the blood. Look at opposing views and see who is either scared or overly-confident. Just like bulls think the market will go up even in the short term, bears tend to think they will continue going down in the long term. Refer to my Buddhist approach to investing for inner peace if you seek the middle ground. ;-)
BITFINEX:BTCUSDEducation
by whiprush3
3
How to use the Moving Average Convergence ModelThe "Moving Average Convergence Model," also known as the "MACD Model," is one of the most widely used indicators for trading endeavors. It consists of two lines representing the short term and long term moving averages. The blue line represents the 12 day short term moving average or SMA for short. Likewise, the orange line represents the 26 day long term moving average or LMA for short. As shown in the chart, the SMA recently confirmed it's drop below the LMA. This drop displays that in the short run, the stock's price has moved below the long run average. Knowing this, you can imply that the support level has been broken and the asset will begin its decent in price. In the past, you can observe how when the orange line is above the blue line, the price plummets. And while the blue line is above the orange line, the stock price increases. To Get Started With MACD: 1) Head to your chart and hit the "Indicators" tab in the top middle. 2) Type "MACD" in the search bar 3) Start off with the original one at the top, as you become more advanced with the indicator you can pick and choose a better option for you Typical Intervals May Be: - 12:26 (typical interval) - 13:34 (for very short term trading)
TEducation
by willgeorgejr
Chaikin Money Flow (CMF) Chaikin Money Flow (C.M.F.) Definition Chaikin Money Flow (C.M.F.) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. C.M.F. then sums Money Flow Volume over a user determined look-back period. Any look-back period can be used. However, the most popular settings would be 20 or 21 closes. In the Chaikin Money Flow's value fluctuates between 1 and -1. C.M.F. can be used as a way to further quantify changes in buying and selling pressure and can help to anticipate future changes and therefore, trading opportunities. Chaikin's Money Flow's value fluctuates between 1 and -1. The basic interpretation is: When C.M.F. is closer to 1, buying pressure is higher. When C.M.F. is closer to -1, selling pressure is higher. Buying and Selling Pressure can be a good way to confirm an ongoing trend. This can give the trader an added level of confidence that the current trend is likely to continue. However, just becaue buy/sell pressure is in favor of the current trend it does not mean that levels shown can sustain the direction if it is advancing or declining into the opposite direction. During a Bullish Trend, continuous Buying Pressure (Chaikin Money Flow values above 0) can indicate that prices will continue to rise. During a Bearish Trend, continuous Selling Pressure (Chaikin Money Flow values below 0) can indicate that prices will continue to fall. The C.M.F. is designed for use with the On Balance Volume (OBV) and Chaikin Oscillator in addition to other volume indicators. See: www.tradingview.com(CMF) Example In this example, I will focus on a Bearish scenario since most traders tend to be able to spot Bullish scenarios easily. As can be seen on the 6 hour chart above, the divergences are typically pretty clear. At the C.M.F. peak shown by the vertical red line, we had a nice rally prior. At the C.M.F. peak we dropped for 18 hours and then started a new rally. At this point, the C.M.F. began to show less buy pressure that did not coincide with the new price high since its prior peak. In this case, I would monitor smaller time frames (for quicker reaction data) to see if the volume picks up. It did not; creating a drop to match the actual buy pressure decline. Move forward to the price action shown by the vertical blue line. We attempted another rally with less than convincing buy pressure on the C.M.F.. Price action created what some traders call a double top that could not be sustainable due to the declining buy pressure on the C.M.F.. For my settings here I have left the stock inputs at 20 and changed the view to area with breaks. Conclusion The Chaikin Money Flow (C.M.F.) is great for identifying hidden price movements. As with all indicators you should use it in conjunction with similar indicators (Volume based in this example) and also confirm on multiple time frames. The C.M.F. has been a great tool that I have used over the years to identify early price prediction and movement. I will focus on indicators best used in conjunction with the C.M.F. in my next few educational ideas. Click like on this if you would like to learn about more trading tools. Thanks!
BITSTAMP:BTCUSDEducation
by Nick_Core
19
BTCUSD - Symmetrical Triangle BreakoutDear All, If you follow my previous TA, this is the part of it and a details analysis on the breakout of the Symmetrical Triangle. Since this is Educational TA, let me explain in details; What is Symmetrical Triangle? 1. Symmetrical Triangle is a continuation Pattern. So you need to look where is the entry. For this case, the entry is from bearish trend. Once the breakout is confirmed, it will continue goes downwards. 2. Volume for Symmetrical is similar with other pattern, where the volume reduced until it reach breaking point. For this case, the selling volume will at high for the continuation to bearish side. Few info I used in this charts; 1. MACD - This indicator to check on the market momentum, as you can see at the breakout, the 12 EMA is going to cross 26 EMA again and goes downwards to denied bull trend. 2. Stoch RSI – This is one of my favourite indicators after Volume and MACD, it show the market is just returned from overbought market. We are heading to oversold area again for a new correction. 3. I drew a 300 days SMA line from day chart as a big support at the range of $7282.5-7343.9. 4. Previous Support line also identified since we are expecting a bounce anytime from this pattern. The support at $7671.2 and $7430.3 is identified. 5. $7102.2 is the lowest target where that is a technical target based on Symmetrical Triangle pattern. Take note that the target is not 100% achievable and that is the reason why previous support/resistant and also SMA need to identified. This TA is for Educational purpose and not a financial advice. If you are happy with my charts and would like to follow more in the future, feel free to follow my profiles.
BITFINEX:BTCUSDEducation
by OPassiveIncome
A QUICK LESSON ON BEAR FLAGS! Hey guys, just wanted to post this quick educational analysis of what a bear flag looks like and how to calculate the measured move. Pretty straightforward from the chart, but if you have any questions feel free to comment. Also, this bear flag ties in with my other idea that is linked below in case you want to see how it plays along with the current situation. As always, this is for educational purposes only, please LIKE if this has helped you!
COINBASE:BTCUSDEducation
by CredibleCrypto
ALL EYES ON MEIf you look at nearly any other coin, you’ll see it trading sideways for the last several days. That’s because the entire crypto market is holding its breath, waiting to see if BTC will break through its $11k resistance point (solid red line). There’s no need for an analysis at this point… …let’s see what happens, shall we? Indicators: Dotted green line: We have a well established support trend. Dotted red line: Estimated resistance trend. Dotted gray lines: In case the current resistance trend is wrong.
COINBASE:BTCUSDEducation
by stiltsmccoy
EURUSD – Is it doing an about turn for the worse? - Update In my previous chart of EURUSD, you will find lots of details explaining why I am anticipating a new bearish cycle in which the wave 4 (in circle) was about completed and wave 5 (in circle) was about to commence. There are lots of additional charts in comment section to help validate longer term view. This chart is linked below for your reference. We did not have the follow through to initial decline. Instead a new high was pasted last week. At present, I do not think that this has really changed much for the longer term. In the short term wave 4 was still in progress. So this is a second attempt to identify possible completion of wave 4, which could now be in place or will be shortly. If correct then wave 5 will follow as anticipated. In addition to details describe in the earlier chart referred to above, here is the summary of updated technical: 1. We have a trendline from July 2008 high, connection April 2011 high (but ignoring May 2014 as over throw) which comes in to proximity of current price that might mark wave 4 high. 2. We have an uptrend line on RSI from 2013 and August 2017 peak appear to suggest a hidden bearish divergence along with normal divergence with price making new high above August peak and RSI making lower high. 3. In addition to that, we have possible time symmetry shown on the chart – namely April 2011 High to March 2014 closing high measures 150 bars on weekly charts, which equates to approx 149 bars measured from March 2015 low to current high. 4. Fibonacci time relationship between Waves 1 – 3 and wave 4 is approx Fib ration of 1.3618 as shown in the chart. 5. Open Interest and Net Long by Large Speculators is even more extreme now than the one we noted at previous peak in August/September 2017, see chart below. Short Entry: You can drop down to daily or 4 hour time frame to time short entry on confirmation using your normal method. Just keep in mind that it might can chop about before it gets going in anticipated decline. Warning: This is my interpretation of price action using TA approach that I consider helps the me most, but could be completely wrong. Therefore, as always, do your own analysis for your trade requirement and ignore my views. For those who appreciate my analysis, select to follow me and the chart for notification of future updates. Indicate you like my analysis by thumbs up, comments and sharing it with others. If you have an alternative idea then, please be constructive and share for all to learn from. Thank you for taking the time to read my analysis. DanV
Education
by DanV
14
Example of a Downtrend Parallel Channel on PFFPFF formed a downtrend parallel channel. A downtrend parallel channel (bearish channel) is a continuation pattern that slopes down and is bound by an upper and lower trend line. The upper downtrend line it is called main line and marks resistance and the lower downtrend line it is called channel line and marks support. For a bearish channel, the main line extends down and at least two bounces highs are required to draw it. To draw a channel line ideally needs two bounces lows, however, some traders draw it using only one bounce low. In a bearish channel the target is to short when prices reach main line resistance and take profit when prices reach channel line support, then, wait for prices to reach resistance again and repeat.
NASDAQ:PFFEducation
by heco08
LEARN TO TRADE THE GARTLEY PATTERN IN 5 EASY STEPSSTAGE 1: THE BULLISH IMPULSE LEG A bullish impulse leg is a strong move in price action to the upside. The impulse leg can be a mixture of bullish and bearish candles, but must have a bullish overall direction. The start of the impulse leg should be marked as X and the top of the impulse leg should be marked as A. STAGE 2: B LEG RETRACEMENT Now that you have identified your X to A impulse leg you are now looking for the B leg, which is a retracement of the X to A impulse leg. Take your Fibonacci retracement tool and draw from your X leg to your A leg. The crucial Fibonacci levels you are looking for are the 61.80% and 78.60% Price action must at least touch the 61.80% retracement but cannot touch the 78.60% retracement. As you can see by the illustration, the candle does not need to close below the 61.80% retracement but must at least spike through. The bullish Gartley pattern will be invalid if price action touches the 78.60% retracement of the X to A move. STAGE 3: C LEG RETRACEMENT Once you have identified a valid X to A impulse leg and a B leg retracement, you are now looking for a valid C leg retracement. Take your Fibonacci retracement tool and draw from your A leg to your B leg. The crucial Fibonacci retracement level you are looking for is the 61.80% Price action must at least touch the 61.80% but cannot spike above the A leg resistance. The candle does not need to close above the 61.80% but must at least spike through. The bullish Gartley pattern will be invalid if price action spiked above the A leg resistance. STAGE 4: D LEG COMPLETION Now that you have a valid X, A, B and C move you are looking for the final leg in price action at which point you will buy the chosen currency pair. Take your Fibonacci retracement tool and draw from your B leg to your A leg. You are looking for a 1.272% which will now give you a valid D leg completion of the bullish Gartley pattern . STAGE 5: PLACING YOUR TARGETS When looking to take targets on the bullish Gartley Pattern the first step is to use your Fibonacci retracement tool. With your Fibonacci retracement tool draw from the A to D leg, you are looking for target 1 at the 38.20% and target 2 at the 61.80%. To protect the profits you have accumulated at target 1 it is advised you move your stop loss to breakeven once the 38.20% target 1 has been attained, thus giving you a risk free trade to target 2. KEY NOTES & RULES: When trading the bullish Gartley pattern, the pattern is meant to be traded at 1.272% D leg completion only. If you believe the pattern is unfolding but price is only at point B, be patient and wait until price reaches the D leg completion. The power of the pattern comes from converging Fibonacci levels of all points from X to D. Point B must at least touch the 61.80% retracement but cannot touch the 78.60% from the X to A move. Point C must touch the 61.80% but cannot spike above the A leg resistance. Point D is complete when price action touches the 1.272% retracement of the B to A move. Stop loss must be placed below the X leg structure support. Stop loss must also be a minimum of a 1:1 risk reward to the 38.20% target 1. Target 1 at the 38.20% retracement of the A to D move. Target 2 at the 61.80% retracement of the A to D move. CURRENCY PAIR: This pattern like any other is more profitable with certain currency pairs, you should do your own back testing on this before trading the pattern. Website: www.UKForexSignals.com Instagram: www.Instagram.com Instagram: www.Instagram.com Twitter: www.Twitter.com DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Education
by UnknownUnicorn180388
28