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Bearish Flag

USDCHF testing an important support 🦐USDCHF on the 4h chart is testing a daily support over an ascending trendline. The price is creating a bear flag and is testing with a spike the 0.618 Fibonacci retracement. According to Plancton's strategy IF the price will break below and satisfy the ACADEMY rules we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
10
HOW-TO: My Trading Approach On GBPNZD With Full Trade AnalysisFX:GBPNZD I was doing an GBPNZD trade one morning and came across a formation that I knew would earn me a decent amount of points - and one that would make a great GBPNZD analysis video for the trading community. This GBPNZD trade analysis video mainly revolves around the use of Fibonacci, Regression Lines and Bear Flag formations. But I guess the most important talking point in this video is how said formations convinced me to go short for this trade. With that said, let me ask you a question. Is your GBPNZD trading strategy at a point where you are able to make minute adjustments that can lead to big wins? More importantly, do you currently have the trading knowledge to identify said formations and signals? Anyway, watch my GBPNZD trading analysis video right to the end, and leave a message if there’s anything you want to ask. Thank You Kumar Kaushal
Short
by Kumar_Kaushal
USDCHF - Head & Shoulders Pattern @ Trendline Hi Traders! The setup of this idea is that the market is now at the weekly Trendline. There, it formed a Head-and-Shoulders Pattern, which indicates a down-movement. At the same time, the market is in a bearish Flag. The Breakout of this flag could possibly serve as an Entry Trigger. You can take profit at the next major Support, which would be the weekly TL or the Support @ around 0.91200 Here are the things again in nutshell: Weekly Upper Trendline Head & Shoulders Pattern (Break of) Daily Support at around 0.92200 (Break of) Bearish Flag Pattern If you have something to add or another point of view, do not hesitate to comment! Thanks and successful Trading :-)!
Short
by swissmoneymakers
EURJPY - Bearish FlagEURJPY has a Bearish Flag setup, even if this play out, this could be a weak setup as it doesn't land on the previous support level. Nevertheless, it is a great shorting opportunity for trend traders and if you remember that's partly because of the Bearish Shark Pattern setup that I had shared on 15 March 2021 based on the Weekly chart. If you are still in this trade at least a 290pips run which in fact if you traded it well it should be a 489pips run. This depend on your knowledge on the Shark Pattern.
Short
by RaynLim
Gold - Second Bearish Flag Pattern?From the looks of it, if you were to switch to the 1 hour timeframe, you can clearly spot what appears to be a second bearish flag pattern. For anyone who is not familiar with this, it is a pattern that provides a clear indication to traders that the trend will continue to be bearish. However, please note that in order for this to work, it needs to have a flag pole. From the last breakout from the previous bearish flag till the entry, whatever the length may be, you can expect that to be the range for another breakout.
FOREXCOM:XAUUSDShort
by sohrabkhanlive86
General Electric (GE) Bearish FlagsIn this technical analysis, I give you an explanation for GE's price movement. After every major market correction, GE forms a bearish flag. It is my hope that after the pandemic we see another flag. The market corrections are labeled. The percent increase/decrease is measured left to right from the arrows. If you notice in the last two flags, the price hit the top resistance line so I expect this flag to hover around the price of $96. I can't estimate how long the recovery period will take or the percent increase.
NYSE:GELong
by InvestorCowboy
1