BITCOIN: Bear flag?In the short term bitcoin is forming a bearflag. We need to hold the 55k level or we will drop lower to around 50k where next support is.
Bearflags
Marking out SUSHIUSDT levelsReady to eat some sushi? I am !
Giving the levels I'm looking for, along with the timeframe they're from.
The higher the timeframe the more important it is as you all know,
Personally looking for longs in 10-11 area.
Taking a little profit here might not hurt if youre long, rather if youre a short term trader, exit the position .
Making a pattern here which is more likely to take out longs and probably get violent real fast. Also since we're in the resistance point, better to short here or exit long and see what happens near the support.
Have marked out both the scenarios if you want to wait.
Trading these level by level as scalps until i get 11 dollars.
GBPUSD turned at the 0.5 fib 🦐GBPUSD is moving inside a descending channel.
The market after a test of the 0.5 Fibonacci level is now turning into a bearish scenario.
If the price will break the bear flag according to Plancton's strategy we can set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Still inside CLASSIC BEAR FLAG ! Watch for BIG breakout down !Bear flag! Shoulder-Head-Shoulder formation! Strong resistance @63.72!
And by the way today is friday! The fifth day up in a row? Very unlikely!
Still EXACTLY inside BEAR FLAG ! Watch for BIG breakout down !Buyers run out of breath! Be prepared for free fall below ~62.65 USD !
Still EXACTLY inside BEAR FLAG ! Watch for BIG breakout down !Buyers run out of breath! Free Fall can start below ~66.16 USD !
BEAR FLAG formed ! Will history repeat itself?On 30 July 2019 we've seen the same (similar) BEAR FLAG like now! Will history repeat itself?
Is this a BEAR flag ?! ;-)Like trader ScottBogatin already said, look at the chart, now we are trading in a wide range of about $4-5 per day. Today we opened 63.94 and closed 66.20, that's only $2,26, a fully normal average range. And we've closed the gap! But now we've formed a BEAR FLAG as from the textbook. Maybe it is "BULL TRAP"!? ;-)
AUD/USD Short Swing !!Hello Trader,
good mood and profitable trades !
AUD/USD
Short
1D chart
Head and Shoulders - retest
Bearflag - breakout
Fibonacci - act as targets
Moving avarage - act as support and resistence
Priceaction - Chart pattern - Moving avarage
Trigger - Waiting for the bearflag breakout, or bullback, and bearish confirmation in LTF
R/R and S/L follow when i enter the trade .
Remember that things can change too .
If you like this idea , support me with likes and comments !!
Dyor and trade save !
AUDCAD moving lower 🦐AUDCAD after the 2nd retest of the weekly resistance is now moving to the lower trendline of the flag over a minor support.
According to Plancton's strategy if the market will break below we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigg
$TIGR bearish or bullish?$TIGR is currently on two pattern indicators. Macro it appears to be heading towards the top of a downward channel. This would appear bullish and a break of the channel could lead to the start of a Wave 3/5 the largest wave. Alternatively there is a bear flag forming on the hourly. The downward trend of the last two months could have a 5th leg and I would project a bounce of the top of the downward channel. I made some resistance points for each theory. Orange are Fib based resistance zones and red are where volume resistance will meet Fib resistance. A break through of any resistance above the channel is extremely bullish.
AUDNZD on a bear flag 🦐After the bounce over the daily support, AUDNZD moves up and tested the 4h resistance.
According to Plancton's strategy if the price will break below we will set a nice short order,
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Bear Flag setup below the 55 Period Simple Moving AverageStill holding the long term short position we entered months ago but right now I'm looking to enter a smaller day trade to see if we can take advantage of another potential impulse downwards.
It will be especially nice if the MACD starts to build negative momentum again if that happens that will give us alot of confirmation towards the downside.
NZDUSD on a bear flag 🦐NZDUSD after our last analysis created a strong bearish impulse.
The price after the bottom retraced for the test of the resistance inside a bear flag.
According to Plancton's strategy if the price will break below we will set a nice short order.
––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SNAP in a bear flag? Potential bearish flag forming on SNAP. Volume also declining on flag.
Keep on you radar
XAGUSD 4H. Bear Flag. Trendline retest incoming ? Still short.A good & neat example of a bear flag here on the 4 hourly, I think this may play out further to the downside. My target is around $24:50 which will conveniently & neatly confirm the dotted trend line shown as a future potential in my previously published daily chart. My immediate sentiment is short but I am aware this is still all within a bigger potential ascending triangle, the top of which is the horizontal labelled 'B'. Wit this in mind, I will pay careful attention to see if price action takes us back over the earlier trend line marked 'A'.
Summary: Holding short for now, but if this starts to look like it could complete the ascending triangle pattern with some good impulse candles then this will change my bias.
I only trade small sums and I pay particular attention to risk and reward strategies. Attention to risk is critical to successful trading.
If you got this far: Thanks for looking!
EURUSD retest the resistance 🦐On the daily chart EURUSD is moving inside a descending channel.
The market after the break of the bear flag moved below and attempt to break the support area at 1.19.
According to Plancton's strategy if the price will satisfy the conditions we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURUSD 1.19613 + 0.09 % SHORT IDEA * CONTINUATION PATTENS & STRUhEY everyone
Hope everyone is good new week new opportunities, Here's a look at the EURO / DOLLAR from the 2H chart.
* looking for continuation patterns to the base of structure so will be watching price and looking for a completion of the double top formation.
* The pair is currently trading in a descending channel looking for structure to definitely hold as from higher time-frames the pair is net bullish.
* significant moves with the bulls change the trading plan.
* follow your entry rules on entries
* significant moves with the bulls change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
USDCAD will retest the weekly support? 🦐USDCAD on the 4h chart is moving over a weekly support inside a minor ascending channel.
According to Plancton's strategy if the market will break below we will set a nice short order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigge
