Short UJ Entry: 15M entry 4H targetsI'm taking a short position on USD/JPY, looking for continuation towards the recent 4-hour swing lows. The pair has shown consistent bearish momentum, and I'm anticipating that this trend will extend further. The entry is positioned to target 1:3, with a focus on the price moving towards the previous (HTF) swing lows.
Bearish-trade
Bearish trend in hourly chart of MarutiThe hourly chart (timeframe I use for intraday trades) of Maruti is clearly bearish.
Candles are trading below 50 SMA and the manual trend is bearish as well.
There is a support at 12500 so I will sell once this is broken for targets of 12200 with SL above 12600.
#Educational purpose only
GBPCHF - Looking For Sell Setups ⬇️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
GBPCHF is stuck inside a range in the shape of a symmetrical triangle so we have been trading the range as per my last three analysis (attached on the chart)
After rejecting the lower bound / orange trendline, GBPCHF is now approaching the upper orange trendline.
Now GBPCHF is approaching the upper trendline, so we will be looking for sell setups.
Moreover, the blue zone is a strong resistance.
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper orange trendline. (acting as non-horizontal resistance)
As per my trading style:
As GBPCHF is sitting around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NASDAQ100NAS100 overview this technical analysis is an analysis i did of what to expect from nasdaq today since the down trend has been broken the last touch was ontop of the other trendline this resulted in the drop nasdaq now nas100 is approaching our resisctance bar after that its going to rise up and we`ll be in major profits when this happens.
MYSTICFX
$BTC - my thoughts$BTC - I think $ETH proved that a bounce at the previous cycle would of been simply too easy, can only imagine the amount of buy limits that were set there.
I do not think previous cycle highs hold as support, instead I think maybe something like this first, a flush with a CME gap fill while it’s down there
BEL is it time for some kind of correction or not?Bel doing amazing, are LONG traders targeting take profit point or will they wait some more? Are we due for a correction? This rising wedge says it could be the case... But that's the only statistic, you should never underestimate herd mentality... Let's watch this one, Could be profitable also...
USDRUB - POTENTIAL SHORTEntering my 3rd short position on USDRUB. This pair has been bearish for quite some time and we can see the price coming up and retesting 74.400 and strongly rejecting it on the daily time frame. Planning on holding full profits until the price reaches 72.800 where I will secure 50% of profits from all 3 positions running.
Please note, just because I stacked 3 active positions onto this trade, doesn't mean you should do the same.
This is not a trade signal.
EUR/USD Bearish Idea by ThinkingAntsOk🔸 4H CHART EXPLANATION:
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🔸 Price bounced at the Weekly Descending Trendline.
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🔸 It is trying to break the Ascending Trendline.
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🔸 The first target of the movement is the Support Zone, and then the Ascending Trendline.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
BTC/USD 1 Hour FractalsWhat if these fractals playout and we move right back up?
This chart is just for scalping.
We can open a long form the green zone aiming $7130 as the target.
SL would be around $6920.
Read my other Updates for the insights.
Do hit the like button and follow me for quick updates.
#Peace
Bitcoin Long Term AnalysisThis is an Update for previous analysis.
After the test of $7200, BTC got rejected but in the way of dump, Open Interest stands still.
I am bearish as long as BTC is below $7400. but if a 12hour candle closes above it then the test of $7800~$8000 is more probable.
The weekly chart shows the potential of shooting star candle right below a resistance zone as long as the bearish cross of EMA(21) and EMA(55) .
The 2D chart confirmed Death Cross and Cross test on Spot and CME charts.
There is a potential Trap in this area because the Open Interest and Volume doesn't confirm any Major Break in this area. but the Volume is quite mature as it stands. So a major move is near and coming.
Bitcoin (XBT) long-term bearish scenario !!!! Hello everybody.
I have talked with a lot of traders and analysts and a lot of people talk about the bullish scenario and the coming mid term bull run which can lead the price around 9k and even 10k :).
Lets analyse the things very very briefly :
So, we saw a huge rejection in 8500 level and in less than 24 hours we had a flash crash from 8.4k to the 7.8k. Also im wondered a little bit with the sell volume and those big players who sold huge amount of bitcoin in the past 24 hours in big exchanges. There is an interesting bearish scenario that i provided for you. we should put this fact into consideration that before any mega bull run to happen, we need a huge accumulation where big players and people buy step by step. In the other hand as you see we are in the bearish channel at the moment. and that rejection and big sells at 8.5k is keeping the price below the red resistance line i drew.
But, the price behavior in the next 2 weeks can tell us whether we will see a lower low before halving or not. I think we will test and touch the red resistance line again and if another rejection gonna happen, then we will go down to very lower levels (Bearish scenario). So, for bulls and buyers the 7500 support is very important. going below this level can be the beginning of heading to lower lows !!
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BEARISH BITCOIN FORECAST - LARGE CORRECTION DUE STOCHASTIC: Indicator is severely overbought as well as the RSI & other oscillator indicators.
SCHIFF PITCHFORK: Median line has been well respected in the past and price is struggling to cross this large resistance area.
VOLUME: Breakout of the 8200~8400 level was not followed through with volume indicating the lack of buyers in the market. Volume over the last few days and this week has been very scarce which further leads to bearish indications.
FIBONACCI RETRACEMENT: Healthy corrections occur involve an approximate 30-50% drop which forms confluence and aligns with the Fibonacci 61.8 level.
MOVING AVERAGE: 200WMA may be retested and forecast of the moving average would also align with the same region of 5200-5800.
CANDLESTICK: With the week halfway through completion, a reversal Doji candlestick pattern is forming. Fruition of this pattern will increase the probability of the bearish price forecast.
CONCLUSION : Large correction due, expect a correction in the region of 30-50% to the 5200-5800 zone in the short to mid-term. Buying at current price is highly risky and is not recommended given the market conditions.
Another Equilibrium. Another Perfect Trading OpportunityHey guys,
if you followed me on my last post you would have known that I was anticipating the weekly Equilibrium to take place and was top phishing short positions from 3900-4200. We are still in this weekly equilibrium and we still have quiet a distance before our recent weekly low of 3,330USD and find ourselves in a 1hr Equilibrium.
I am personally keeping the macro trend as my friend, and putting on a short position now at 3772USD with 2x leverage. My stop loss as displayed on the chart will be at 3820USD which will be after an EQ bull break. Ideally in this situation I would make back the 2.6% I lose on this trade in a run up from the EQ break and a push from a potential daily EMA support.
This is an ideal trading situation whether you are long or short as it allows you to have tight stop losses in place and your risk:reward is IDEAL!!! with 1hr, 4hr EMA resistance ahead and the macro trend being bearish, I really have to favour the bears in this situation.
Guys, please give me a follow and a like if you find this analysis helpful to motivate me to provide more detailed and frequent trading content.
I am the unemotional, devotional trader that society doesn't deserve, but needs!
SHORT. AGAIN. 3100.2800 Final destination.People this triangles keeps forming and forming . maybe 4100 or 4200 first to get high lev bears out and then down. again. no signs of this bear market is done yet.
My final destination to this is 2800 or 1800 when i will stop trading and start just buying in cash but not longing just in case.
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