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Bearish Flag

Emerging markets (EEM) - Bear Flag targets $18Back in 2021, I posted about Emerging markets with a title "EEM. Emerging markets could drop within the last leg down" The plan plays out well so far and I found another educational pattern for you on it today. The Bear Flag appears in the chart as I spotted it on time. The price is still within the Flag and breakdown below the downside of the pattern would trigger the continuation of the downtrend after this consolidation. The target is located at the distance of the Pole subtracted from the downside of the Flag. $18 is the bottom of the large range and the aim for the Bear Flag. This is the beauty of the patterns as they match with other type of analysis.
AMEX:EEMEducation
by aibek
Sell EUR/CHF Bearish FlagThe EUR/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.9392, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 0.9327 2nd Support – 0.9290 Stop-Loss: To manage risk, place a stop-loss order above 0.9420. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
7
Is Polkadot going to make lower low?Yellow Line - BOS zone White Line - Resistance of Bearflag pattern. This is my idea on BINANCE:DOTUSDT and how it will go. We all know Dot is one of the top altcoins with huge potential. As you can see BINANCE:DOTUSDT is much likely to form a bearflag pattern before it goes up. If DOT ever reaches the 2.5-3 zone I would re-enter Long position again. You may think why 2.5-3 zone? isn't it going to make lower low? For me seeing a lower low is a confirmation that we are in a bearflag pattern and checking the bottom support line 3rd time is a huge confirmation to consider a Long Position. So time will tell!
by terayu