$msft could trigger nq bearish cascadeNASDAQ:MSFT and $appl both look very similar to me, with a potential swing top forming.
NASDAQ:MSFT has been held up with the rate inflation narrative that pump the mag 7 and now it's connection with OpenAI. The market has signaled a broadening over the last 6 months or so, with most of the remaining opportunity centered around value stocks. If this isn't the swing top for msft, it's very close. once appl and msft go, it will likely signal the swing tops across the market.
Bearish Patterns
UNIUSDT is Approaching The Down TrendHey Traders, in today's trading session we are monitoring UNIUSDT for a selling opportunity around 10.200 zone, UNIUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 10.200 support and resistance area.
Trade safe, Joe.
GOLD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
We are now examining the GOLD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 2,289.642 level.
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USD/CHF BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
Bearish trend on USD/CHF, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 0.889.
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USOIL BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
USOIL pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 77.14 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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USOIL SHORT FROM RESISTANCE
Hello,Friends!
USOIL pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 77.13 area.
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USOIL SHORT FROM RESISTANCE
Hello,Friends!
USOIL pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 77.43 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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Ripple Potential DownsidesHey Traders, in today's trading session we are monitoring XRPUSDT for a selling opportunity around 0.47300 zone, Ripple is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.47300 support and resistance area.
Trade safe, Joe.
Bitcoin Breakout and Potential RetraceHey Traders, in today's trading sessioon we are monitoring BTCUSDT for a selling opportunity around 62,800 zone, Bitcoin was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 62,800 support and resistance area.
Trade safe, Joe.
NOTUSDT is approaching an important resistance areaHey Traders, in today's trading session we are monitoring NOTUSDT for a selling opportunity around 0.017200 zone, NOTUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.017200 support and resistance area.
Trade safe, Joe.
Litecoin is approaching a decent resistanceHey Traders, in today's trading session we are monitoring LTCUSDT for a selling opportunity around 73.00 zone, Litecoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 73.00 support and resistance area.
Trade safe, Joe.
NZDCHF - Follow the Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDCHF has been overall bearish , trading within the falling red wedge pattern.
Currently, NZDCHF is undergoing a correction phase and it is currently hovering around the upper bound of the wedge.
Moreover, it is retesting the previous major low marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the green low and upper red trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #NZDCHF approaches the red 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
ATOMUSDT is approaching the main downtrend Hey Traders, in today's trading session we are monitoring ATOMUSDT for a selling opportunity around 7.8 zone, ATOMUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 7.8 support and resistance area.
Trade safe, Joe.
NZD/JPY BEARS ARE STRONG HERE|SHORT
Hello,Friends!
NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 96.587 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
GOLD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
It makes sense for us to go short on GOLD right now from the resistance line above with the target of 2,283.693 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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CAD/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
Previous week’s green candle means that for us the CAD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 115.219.
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USD/CAD BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
USD/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.363 area.
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USD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
We are now examining the USD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 158.321 level.
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