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Bearflags

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. ––––– 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.
Short
by InkyGrip
4
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 !
Short
by TR7z
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. ---- 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
Short
by InkyGrip
10
$TIGR bearish or bullish?$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.
NASDAQ:TIGR
by NapoleonStockS
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.
Short
by InkyGrip
6
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.
Short
by InkyGrip
4
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!
OANDA:XAGUSDShort
by iDoji
2
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.
Short
by InkyGrip
10
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... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
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
Short
by InkyGrip
4
bear flag on LUNASo, this coin has done very well in the past month and surprised me in certain days where every coin was dumping and this one kept going up or held up, hwoever this is a bear flag + bear DIV which means this should go down. During this bull season I saw many rising wedges with bear DIV breaking up and going up (ETH fore example) and I thought "buy pressure is so high to invalidate TA", however as you check recently, those breakouts just enlarged the rising wedges and eventually went down. This might also happen with bull flags, who knows. For sure check RSI, it goes over the line I've drawn this will probably invalidate the TA, at least temporarily. If price goes down as I think use the supports I've drawn to understand where it could stop, also check BB lower band, that might work as support as well. I strongly DOUBT that, in case of dump, price would follow completely the TA and reach the latest support, but this is just a feeling because it's too low.
Short
by Shotokhan
3
Bear Flag & a Head and Shoulders for GBR?Since my previous post on GBR, we've clearly seen the price breakdown from what appeared like a bullish pennant or potentially a bull flag, but the bearish divergence was/is too strong... Currently, it appears as though the price is breaking down from a bear flag with a head and shoulders pattern noticeable. I have placed a blue human head and body icon to represent the head of the H&S pattern. It could be an ascending triangle with a fake-out to the downside occurring now, the higher low trajectory has been negated at the upward sloping support of the pattern, in the next several trading sessions it will be more apparent. The RSI is trading in a descending triangle creating a series of lower highs. The DMI is showing a bearish cross where I've placed the red finger point downward.
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by ScotianBot