EURAUD - Bearish ChannelEURAUD in Bearish Channel. Taking Sell Stop Entry at the Break of Recent LL, Stoploss Above recent LH.
Bearishchannelflag
AUDJPYAUDJPY is trading in bearish parallel channel and currently reaching at very important zone, previous support which may turn now to resistance which is also the Fib golden ratio retracement as well. Will the price reject from this zone.?
OGUSDTOGUSDT was trading in long term bearish channel and finally breakout from channel.
Will it continue its bullish trajectory?
EURCADEURCAD is trading in long term bearish trend. Every bounce is being sold heavily. 50 EMA along with bearish channel resistance, is putting the pair under sell pressure.
Ethereum: New Update!!!Ethereum doesn't climb as I expect, but the price action it's tell us that we see now a drop toward $980 USD. But, taking action that we're forming a new chartist pattern called bullish rising wedge in Daily timeframe here:
But now, I've taking a perspective that this could be another opportunity to buy in the best zone lower. Based my opinions.
But in lower timeframes like H8 or H4 timeframe, we see a drop formation and we broke down this bearish channel flag that I'm watching now. So, I put a sell order place a little up of the price live in $1.202 and SL to $1.276. My target will be $980 USD.
Good luck!!!
Formation of a massive bearish flag on HTF Bitcoin charts.Title says it all. Price broke out at around $28,000. I would expect a breakout dump / downwards movement into the supply area in confluence with the bearish flag pattern targets between $17,000 and $18,000 (roughly the same percentage down as the breakout from above into the flag).
Please check linked idea for a more in depth supply vs. demand bearish sentiment and my short term view on Bitcoin's movement inside this channel / bearish flag.
$CRWD H&S Bear Pennant Breakdown$CRWD is breaking down through channel support and top formation.
Patience.
Bitcoin: Update analysisI'm shorting Bitcoin from the past week from $23,533 USD and Bitcoin look a strong bearish movement that could to lead to $15,800 USD.
So guys, I entry in the good point to sell. After the FED it's crazing what do, everything it's crashing in the stock market and we could to expect a big surprise of the biggest financial crisis and more worse than 2008.
So, at the moment, we're ok and I put a break even in my entry price to protect my earnings.
At the moment, I expect a drop to $15,800 USD as my point to take profit.
Also, in H4 we formed a bearish channel flag what made this break-down and Bitcoin look in the strong sell pressure.
So guys, this it's all my update that I rbing you today if you're shorting crypto
In the next , I will post XRP and S&P 500 to watch what happen in the stock market.
USD/JPY: Short position USD has s drop by fell in the U.S. Household private sector that los 511 household what I reading this economic news.
This will be transitory. I'm going to short Dollar now. So, we see a bearish channel flag that we formed in H1. I open a short trad with SL to $137.25 JPY. Snd take profit to $135.50 JPY. And my entr price was around $136.78 JPY
Good luck in this new update
I will update to clear this info and trade
EUR/CAD: ReviewEuro/Canadian Dollar was a nice trade, but dont' touch my target that left 9 pips more to get my profit, but I was very good in my predition until made this drop of 0.90% that drop in front of Canadian Dollar, what mean that Euro was in the manipulation zone clearly that I dont detect in H4 timeframe
If you see, in H4 timeframe I draw a manipulation zone that I study today that this point was to liquidated was this par was in the zone of manipulation ,but my trade was very good and I supposed that if I see very clear this zone, at least i would have another 7% in this trade approximately that it's 110 pips, but as I put my target a little up in the left of 9 pips to take my take profit automatically. So, the price continue drop and made this break out forming this bearish channel flag
But not bad, becuase when this price drop in my time that I turn on my Trading View, I decide to closed up and find another trades in GBP.
But now, I learned that in H4 we could to identify this key point to find up liquidation in the price. In this trade I just earned 0.78%. I was good, but the drop I dont expect it for left of 9 pips to take my profit. Also previosuly of this long, I was in short from Monday, but pass the same that I closed up my short position in EUR/CAD and never take my sell order limit. But not bad, this it's a learning edge process that every trader need to live this experience.
What its in total 20.56% earned in trades in EUR/CAD, GBP/AUD and AUD/CAD
USD/JPY: bearish channel flagU.S. Dollar/Yen Japanese forming a bearish channel flag, what we could to look a short opportunity in USD/JPY in H2 timeframe. Analyzing the price action, the trend it's move the Dollar to the downside. Also on Wednesday, we hope a fundamental news that Federal Reserve reduce the hike interest rate to 0.75% and cooling down the inflation. Also, this will be transitory this bearish side, because that put in good point that Dollar still in the strong in front of currencies and assets, what make a bull cycle in the Dollar.
So, but now, I see a short position. I add a sell order limit to $136.55 JPY. Stop Loss to $137.01 JPY and target to $134.90 JPY.
This it's the H4 timeframe because we broke-down the up trend line and right now, there's an indication to sell USD/JPY
I hope that this idea support you!!!
USD/JPY: EMA 200 make resistancU.S. Dollar/Yen Japanese it's look bearish from this side. So, we see that it's moving into this bearish channel flag and MACD doesn't have enough strengthen to continue up in H1 timeframe
Meawhile, in H4 we see that we're into this bearish channel in formation as we see this bearish channel flag, we're in the key point to sell
Also, I read that U.S. Dollar fell today in some pars as an uptick in investors' appetite for riskier bets diminished the U.S. currency's appeal. Also, another fundamental analysis that I read recently it's that United Sates considering to block Russia ability to pay its U.S. bondholders that expire next week and this could be another bad expectative that I see in this rumor.
So guys, I'm shorting USD/JPY at $129.48 JPY and my target will be $127.40 JPY (207 pips) and SL to $129.98 JPY (50 pips)
I hope that this idea and analysis support you!!!
Good luck!!!
BTC bullish divergence from a bull flag in a bearish channelThe next few hours/days look to be a potential "break or bounce" moment for bitcoin.
After the recent lows from January, a precipitous channel had formed and was broken upward (light-blue dashed lines) forming what looks to be a bearish channel for which the price current is dancing along the bottom (solid white lines).
What is interesting is that bullish divergence has formed for both RSI and the MACD histogram (dashed white lines) in what looks to be a short-term bull flag (dotted white lines on price). As a result, there is a possibility of a bounce here potentially toward the 50% Fibonacci retracement level toward the top of the channel (near 50K). However, should price buckle here, there is a chance that the price could continue to fall down, even to near 32-33K (recent bottoms & Fibs) and potentially even 27-28K (the longer-term 61.8% Fibonacci from the 2020 Covid drop) and beyond (i.e., 16-20K due to 78.6% Fibs).
Looking at ALTs, there is a common trend of bullish divergence, but additionally quite a few ALTs still have some room to continue downward before a bounce back upward. I should warn that ALTs typically will follow the price of BTC, and BTC typically follows the trend of the general market, which has not been looking good as of late, but should any of the ALTs form a more definitive trend, I will post about them as well.
But as always, this is solely my opinion and is not in any way meant as financial advice. But please like or comment if you agree or have any further opinions.
Dow Jones Index | End Of The Bearish Scenario? You are looking at the 4H chart of Dow Jones Index ( US30 ). As you see, the price experienced a bearish daily channel for almost a month.
But finally, the breakout had done and the retest action happened with the last 4H candle of the last week.
Supposedly, we will see a possible bullish scenario in the next week. The price may rise till the next resistance levels around ( 35000 ) and the other higher one around ( 35400 ).
The Entry Point will be perfect at this level after the price confirm the bullish in the next 4H candle.
Don't Forget: "The Market Is Always Right"
So nobody can predict the market, good traders only react to it!
ETH/USD: Bearish channel flagEthereum forming a bearish channel flag and I will show you my specific target to trade in H1 timeframe, as also this what Ethereum it's right now it's in this pull back in hte moment of this analysis and we see a little bearish rising wedge that you can to do better in H2 or more to look it's in 30 minutes timeframe
Now, I see that as we break out this chartist pattern and make another pull back in both mode in these charist pattern bearish channel flag and bearish rising wedge, it's a perfect entry to short Ethereum now.
This it's the situation in Ethereum right now in H4 and we're into this bearish channel that we could to see a drop to $2,821 USD approximately.
So guys, my trade it's the following. I entry in short position around of $3,025 USD, SL to $3,096 USD and my specific target will be to $2,906 USD. This it's a risk/benefit of 1:2 to trade Ethereum.
Good luck!!!
