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Bearish Flag

BTC Bear flag formationHello everyone. the bear flag is forming, we might have another drop to 42k level reasons for that is Rsi Rising while the price is falling, macd consolidating to green zone with out price rise. (yellow line) see white line for direction what i think it is consolidation before another drop. dont trade its risky now, wait for confirmations on charts, and clear break outs. for now i think its 80% probability we will see 42k soon in a long run and in daily time frame, hidden bullish divergence is forming, btc need to go down more for it to play out range of consolidation roughly was 47000 - 45500 and getting smaller, break out either way will give an idea where it can go not financial advice and do your own research trade safe good luck
BITSTAMP:BTCUSD
by ergash1982
6
Despite everything - bearish case is still active!Despite all the fundamental things - my technical look on silver keeps still being bearish. IF the XAG/USD manages it to make daily close above 24.82 USD and overcomes the 50's SMA, the 38.2 % Fibonacci retracement, and the channel I would see more upside and this could be the end of the bearish case in silver. Otherwise, it's IMO more likely that silver will resolve the bearish flag by breaking to the downside and will reach some price quotes around 22.40-23.00 USD.
TVC:SILVERShort
by p4917
3
GBPCHF, 4hr tf, bearish flag patternHello guys, It has been 2 weeks since my last post in tradingview. I haven't found any interesting setup so I don't post anything. Today i finally found an interesting trade to share with you all so i will share it. As you can see, GBPCHF right now hovering at 61.8 fibonacci retracement of recent swing low. It looks like a bearish flag to me and we might get another swing to the downside. For this pair, our position gonna be sell. Sell GBPCHF 1.2670 Stop loss 1.2730 Take profit 1.2390 (4.67R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
Short-trend in CORNIt seems like a bearish flag pattern, which is building up in the Corn futures. So this could result in another short-term bearish impulse. According to the seasonality charts we have at the end of Sep/Oct (depends on which charts you take into consideration) a seasonal low. According to the CME, it's not expected before Nov/Dec (New Crop months). My personal long-term view on the agriculture commodities is of course very bullish - but we can go still one level lower over the next months ...
CBOT:ZC1!
by p4917
GBPAUD - Bearish FlagSometimes it could be hard for a trader to differentiate whether the market is going to have a Double Bottom setup with RSI Divergence of a Bearish Flag formation. It all voice down to your filter and experience in the market. If you are uncertain of any trading setup, then leave the trade alone until you have further confirmation. While a small group of traders are aware of my thoughts on this bearish flag setup, I regretted not posting this trade, but if you believe me, then that doesn't matter. At this moment I'm waiting for a double bottom set up at 1.8790, which is also the level that coincides with the retest of the broken trendline on the 4-hourly chart for a buying opportunity. And to your comfort, it is still within the buy zone of the 4-hourly chart and the daily chart as a trend trading setup, although from the recent market movement, the bearish move is much stronger than the bullish candle and that is why you need to have a strong filter that you have manual backtest for at least 100 times per timeframe, per currency pair.
Long
by RaynLim
Axie Infinity AXSUSDT - Warning to all hodlers! Elliott Wave- On the chart we can spot an ending diagonal Elliott Wave. - The price is at the top of the channel, which acts now as a resistance. - Is it now good time to sell? Due to technical probably yes. - There is also a bearish divergence on the RSI indicator! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"! - Maybe it is a great time to sell this coin, take profits and buy something else.
by UnknownUnicorn2537518
6
ADAUSD Drop to 2.48 InboundWell we have a bear flag, the push failed. After two patterns failed, it is clear the market believes ADA needs consolidation. I expect ADA to go to 1.48-1.40 and consolidate. We will check the patterns again. 3.25 will come, it's just a matter of when. Now lets talk about why ADA has so much strength. Cardano is about to release smart contract September 12 with the Alonzo release. This addition makes it a viable competitor to ETH as an open source platform. Right now, it is just a glorified ledger. As a person who plans to be a Cadano Developer once Alonzo is released, it makes me wonder how far ADA can go. I have heard people say it cannot go to 100 dollars because it will need around a 3T market cap. But considering in the past 2 weeks ADA has added 31B to its market cap, it's definitely not out of the realm of possibility. Also, considering Grayscale Investments has picked it up, I think it has a LOT more room to grow. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
6
EURCHF on a bear flag 🦐EURCHF on the 4h chart is moving inside a bear flag below a structure. The price has tested the 0.382 Fibonacci level and according to Plancton's strategy if the price will break below 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
20