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Bearish Patterns

Party's OverDow Futures daily forming a downwards channel with price targets potentially down to 34k and 31k. These drops would be about 20-40% which is considered a true market crash. The falling wedge pattern plays out until potentially June of 2027, but wedges from the top of the range are dangerous as they can turn into bull traps. - Economic fundamentals have been disconnected from the financial system for some time but as the underlying economy begins to falter (ex. unemployment wave) markets begin to price in data such as falling retail sales. - President Trump is going through with mass layoffs in the Federal Government which creates unemployment as the private sector has been going through layoffs and has halted actual new hiring since 2023. - As more traders have become accustomed to "bad news is good news," they will most likely be wiped out trying to buy dips or chase false breakouts doing what they have always done. - Tariffs regionalize trade which make global economies and supply chains less interconnected. A global economy that is also very levered up on USD denominated debt needs dollar liquidity to continue to function. By regionalizing trade that liquidity is starved which can lead to financial problems on a global scale if not handled carefully. - Markets are likely to price in these risks over the next 2-3 months leading asset prices and interest rates lower. Expect individual companies to do well at times but then rotate to others while the Dow index itself falls. - Even if the Dow were to play out the wedge during 2026, without significant improvements to the global financial system expect that move to be a bull trap or a best lead to minimal gains without a new wave of monetary inflation.
CBOT_MINI:YM1!Short
by CrashoutCapital
doge sell midterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Short
by Golden_candle
USDCAD (4H) - Bearish Break of Consolidation ZoneOANDA:USDCAD 📶Technical Analysis: Weekly Chart: 🟠 Price is in a long-term bullish trend, confirmed by a trendline formed since 2021 and 3 MAs aligned bullish. 🟡 Price tested major resistance at 1.4600-1.4700, which was previously tested in 2016 and 2020. 🟢 Strong pullback after testing resistance, indicating a potential bearish reversal pattern. Daily Chart: 🟢 Strong bearish candle on the daily chart confirms that the weekly resistance holds. 🟡 Price volatility influenced by Trump's tariff decision. 🟢 The bearish momentum on the daily chart confirms the trend reversal from bullish to bearish. 🔴 The next strong support is around 1.3900, where the price has failed to break five times. 4H Chart: 🟡 Price has been consolidating since Dec 2024 between 1.4450 (resistance) and 1.4300 (support). 🟡 Price initially broke above the range due to tariff news but quickly returned to the consolidation zone. 🟢 Strong bearish candle broke through the lower support at 1.43, signaling potential bearish continuation. 🟢 The break of support suggests a bearish outlook, with the next targets near 1.3900. 🟢 The Moving Averages (MAs) are crossing, indicating a potential shift to a bearish trend. 🔤 Summary: 🟡 Waiting for a retest of the broken 1.43 support level to confirm the bearish trend continuation. 🟡 Expecting a correction in the bearish trend with the formation of additional signal candles that confirm the bearish momentum after the retracement. 🟡 Watch for the formation of bearish candles after the correction, either near the broken support level or EMA levels for confirmation before entering the bearish trade.
Short
by boykopetevboev