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Bearish-signal

XAUUSD Triangle Structure Break (LONG)My 4H analysis won’t change since the last COT Gold report came out bullish and no changes that could indicate a short momentum are noticed. Since the 1st of July we are in a closed triangle structure where the upper and bottom trend lines are respected multiple times. A third rejection on the bottom trendline will be a good indicator that the price is ready to move towards the monthly critical 1800 area. Other possible scenarios: 1. As I mentioned in my 4H analysis if the price wanted to go down, it would already have done that, so we are all the way bullish. It received support from multiple hourly critical zones. If the price respects our bottom trend line we must take care when it once again reaches the 1780 area and see how it reacts to it. 2. A false breakout towards the 1750-1760 and bellow is also possible. This way a lot of retail traders will be stopped out. Afterwards the price will reverse towards the 1800 area. Happy Trading!
OANDA:XAUUSDLong
by SigmaTrading
Bitcoin Trading in the "Decision-Time" Channel. _______________________________________________________________________________________________________________________________________ Hello traders investors and community. The last days we saw bitcoin falling down from 7500 and establishing a former support base in a channel which will either break down or up. ______________________________________________________________________________________________________________________________________ As you can see in my analysis bitcoin is trading in the "decision-time" channel which is marked in purple. We can expect a consolidation in this channel the next time. The question is if bitcoin establishs to hold the channel with a bullish continuation or fall down. We can expect a consolidation similar to the consolidation seen before bitcoin jumped above 7500. As the zone in which we are trading now is a possible support zone for a bullish or bearish breakout. As you can see there is a black channel in my chart, the upper-line of the channel could be touched before heading into a concrete direction. If this upper-line of the channel is touched bitcoin could form a head and shoulders pattern which either breaks to the downside or up. After leaving the purple "Decision-TIme" Channel we can expect bitcoin to go either in the higher resistance zone or the lower support. Both of these scenario will give us the former information for the future continuation of bitcoins price movement. For now it is time to wait and consider a possible LONG or SHORT entry in the break-out direction. _______________________________________________________________________________________________________________________________________
BITSTAMP:BTCUSD
by VincePrince
7
Cheaper Oil Price (Updated)On January 17 I just called for cheaper oil price. It still doesn't happen yet, but potentially lower price continues as more signal for lower price. We see a bearish divergence (daily chart and 5,3,3 stochastic) between Jan 9 2019 until Feb 1 2019 There are some resistance and support level: 53.50, 58.00, and 63.00 are resistance level (USOIL still can't break 58.00 price levels) 45.20, 42.30, 38.75 and 36.00 are support level. If we look at past time, oil can go lower as low as $26 per barrel which happened on Feb 2016
FX:USOILShort
by life4hack_432
POWRBTC huge gains require great consolidationPower Ledger broke out today and brought huge gains. Price reached 0.00005786 level. A retracement and consolidation is coming which is normal after breaking through several resistance levels. The candlesticks and Bollinger Bands are showing signals of a coming retrace which are confirmed by Ichimoku clouds. We expect the 0.0000340 - 0.0000360 range to work as a new support, consolidation and bounce level. This is drawdown game strategy. Wait till the price hit the support then open long position. Targets will be presented in the Premium channel later
Short
by Skyrexio
4