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Bearish Flag

Bitcoin form a bearish flag; bearish signal!!!At the moment and analyzing in H4 timeframe, I see that Bitcoin form a bearish flag that we forming between yesterday and today. Guys, the moment to sell cryptocurrencies are putting for investor the option to get cash and for the moment, don't invest in cryptocurrencies. This drop could be a big crash in the crypto-markets as China take control over citizens to prevent to use Bitcoin, and that put a Bitcoin in the risk by the China Government. But guys, if you save cash in what you get profitable, you can to buy more cheap cryptocurrencies and more coins that you have now. s3.tradingview.com Now, if you look the H8 timeframe, Bitcoin it's making a pull back below of $35,000 USD key resistance in H4 timeframe, and I believe that Bitcoin it's not forming any bullish flag that I show you yesterday, just that Bitcoin could to continue crashing in the next days. s3.tradingview.com Now, based in this theory, Bitcoin could to crash 28% to go to $25,000 USD approximately or crash 50%, and that put a Bitcoin price to $17,000 USD. in any mode, if that occur, Ethereum, Cardano, XRP and cryptocurrencies going to suffer more. Now, I put a sell order limit at $32,600 USD in my trading app with the SL at $34,000 USD and my specific target will be $25,000 USD. ***As I buy Cardano coins, I decide to sell again. In the morning, I tweet that I sold my Cardano coins to get cash for now, There's not any good moment to invest in Bitcoin or any cryptocurrencies as the trend it's becoming more bearish.
COINBASE:BTCUSDShort
by harisonhbn9718
4
[Intraday] Tata Chemicals Short Bet Bearish Flag Short if triggers Note :- Entry - At the break of mentioned candle's low/high Stop Loss - In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use smaller tf SL & trade in 15M or 30M tf which I'll mention. Vice Versa for long trades Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa Use of PSAR indicator as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change ( PSAR : Parabolic Stop n reverse ) You can use any one of above mentioned or your own way to manage risk Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned. Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
NSE:TATACHEMShort
by ShivamMendhare
[Intraday]UBL Long & Short Bet Buy If triggers Sell If triggers Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , Trade Setup based on option Decay ! ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. =======
NSE:UNITDSPR
by ShivamMendhare
GBPAUD, 4hr tf, breakout of broadening wedgeRecently, price managed to break below the support of this ascending broadening wedge pattern. Notice for price consolidate near the support before breaking below it. This consolidation looks like a bearish flag to me. We could expect price to continue go down towards 1.8100 area. The target of this wedge is at 1.8092 but we will aim to take profit a little bit above the target. Sell GBPAUD 1.8260 Stop loss 1.8320 Take profit 1.8110 (2.5R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
7
NZDJPY on a bear flag 🦐NZDJPY is moving inside a minor ascending channel for a test of the 0.5 Fibonacci level. According to Plancton's strategy if the price will break the flag 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
8
Update: Bitcoin form 100% Shoulder Head Shoulder; bearish patterAt the moment of this analysis. Bitcoin down below of $35,000 USD. i was in the good time in the just moment when Bitcoin down and make a volatile movement. But well, I can't to analyze it when Bitcoin form a bearish flag, but at the moment, I do not entry. but I am so near to entry in short position, but if you entry, ok, no problem, but I can to update my perspective how I see Bitcoin during this next days. s3.tradingview.com Remember this analysis, BItcoin it's into this simetric triangle and the trend need to be defined. But guys, I did very well in my past analysis where I commente that Bitcoin form a shoulder head shoulder (bearish pattern), but I did very well my analsyis so precise. Now, if I see that BItcoin show us another entry to short, I will entry in this position until my target at $32,600 USD.
COINBASE:BTCUSDShort
by harisonhbn9718
1
EDUCATION - Identifying & Trading Flag PatternsIn this post, we will be explaining what a flag patterns is and how to identify and trade them. What is a Flag? The flag pattern is the most common continuation patterns in technical analysis. It often occurs after a big impulsive move. The impulse move is followed by short bodied candles countertrend to the impulse move, which is called the flag. It is named because of the way it reminds the viewer of a flag on a flagpole. Often, the breakout of the flag is the same size as the impulse leading to the flag. We can use this to create our take profit levels. There are 2 types of ways we can trade flag patterns; Risky Entry & Safe Entry. See below for the pros and cons for both and how to enter them _______________________________________________________________________________ Risk Entry: The reason why it is called a risk entry is because we haven't got many confirmations apart from the bounce off the fibonacci level. Price may have the potential to go lower for a deeper correction before moving up. Whereas for the safe entry, the confirmation that it is a valid flag would be the break of the flag pattern. How to trade using Risk Entry: Wait for price to bounce off the fibonacci levels (0.5 or 0.618) and then enter with stops below/above the correction. One of the advantages of doing a risk entry is that we can have small stop loss and have a great risk:reward ratio. Also, we can gain an entry at the start of the move and HODL! Safe Entry: Safe entry requires more than one confluence and requires confirmation. We have the rejection of the fibonacci level as well as a breakout of the flag, confirming that it is a valid flag pattern. How to trade using Safe Entry: For a safe entry, enter upon the break of the flag pattern with stops above/below the flag depending on whether its a bull or a bear flag. First TP would be the recent structure level and second TP would be the length of the impulse which led up to the correction. The disadvantage to using a safe entry is that we require a bigger stop loss which makes the risk:reward ratio not as great as the risk entry. However, the probability of the trade succeeding is higher. _______________________________________________________________________________ EXAMPLES OF RISK ENTRY EXAMPLES OF SAFE ENTRY
Education
by Altsignals
6
EDUCATION - Identifying & Trading Flag Patterns In this post, we will be explaining what a flag patterns is and how to identify and trade them. What is a Flag? The flag pattern is the most common continuation patterns in technical analysis. It often occurs after a big impulsive move. The impulse move is followed by short bodied candles countertrend to the impulse move, which is called the flag. It is named because of the way it reminds the viewer of a flag on a flagpole. Often, the breakout of the flag is the same size as the impulse leading to the flag. We can use this to create our take profit levels. There are 2 types of ways we can trade flag patterns; Risky Entry & Safe Entry. See below for the pros and cons for both and how to enter them _______________________________________________________________________________ Risk Entry: The reason why it is called a risk entry is because we haven't got many confirmations apart from the bounce off the fibonacci level. Price may have the potential to go lower for a deeper correction before moving up. Whereas for the safe entry, the confirmation that it is a valid flag would be the break of the flag pattern. How to trade using Risk Entry: Wait for price to bounce off the fibonacci levels (0.5 or 0.618) and then enter with stops below/above the correction. One of the advantages of doing a risk entry is that we can have small stop loss and have a great risk:reward ratio. Also, we can gain an entry at the start of the move and HODL! Safe Entry: Safe entry requires more than one confluence and requires confirmation. We have the rejection of the fibonacci level as well as a breakout of the flag, confirming that it is a valid flag pattern. How to trade using Safe Entry: For a safe entry, enter upon the break of the flag pattern with stops above/below the flag depending on whether its a bull or a bear flag. First TP would be the recent structure level and second TP would be the length of the impulse which led up to the correction. The disadvantage to using a safe entry is that we require a bigger stop loss which makes the risk:reward ratio not as great as the risk entry. However, the probability of the trade succeeding is higher. _______________________________________________________________________________ EXAMPLES OF RISK ENTRY EXAMPLES OF SAFE ENTRY
Education
by Altsignals
48
Harmony(ONE) update!The overall trend for Harmony is still down but we are getting close to the top of the descending channel. I see a trend starting to form within the white box in the chart, the 50% level for that forming trend is at ($0.109) if we can break this and start to hold this level that's a solid start for harmony to regain the strength it once had. Also seems to be a bearish flag forming we don't want to see this pattern complete because that could lead to another leg down but as of now we are close to breaking this flag to the upside which is a good sign. Now the overall 50% level for this down trend is at ($0.145) that's the level we really want to see broken and turned into support as long as we are below this level its anyone's game in my opinion. There is also some resistance at around ($0.12) so that's another price range to keep your eye on. As long as bitcoin can get back on track I think harmony will do just fine! NOT FINANCIAL ADVISE ALWAYS DO YOUR OWN RESEARCH!! Follow me on Twitter: twitter.com Subscribe to my youtube channel: www.youtube.com
BINANCE:ONEUSD
by ChartwizB
What’s next for NQI am still following NQ closely. I find it most interesting of the instruments I trade right now. You can see how NQ ended Friday at support. I exited my NQ position on Friday for an break even trade. So what next? I have noticed in the past that when an instrument ends a week right at support or a resistance that chances are that it will gap up or down at the open. So I wouldn’t be surprised to see a big up or down gap. But we will see. Short scenario - if price goes below support this is a breakout (or breakdown). As I always say you can enter a sell trade on break of support for aggressive entry. But I will wait for confirmation of resistance before entry. This is safer way to go, but you also chance missing an entry if it doesn’t retest and just drops. But it is okay to miss a big move which happen sometimes. You can always look for other entry. Long scenario - if open show move up I will enter right away. Is this a aggressive entry or safe entry. I say it is a safe entry, because if price goes up then support is confirmed. It will retested support. But I will keep a close eye on an exit because we are in a general down trend. You can see the profit targets and possible retraces for both long and short entries. That’s it for now. Please drop me a comment and or give a thumbs up on me. I appreciate so much when people read my ideas. I hope every one is a winner. ❤️ Ms Bunny
CME_MINI:NQ1!
by UnknownUnicorn11430563
5
EURNZD, daily tf, double top with consolidation As you can see on the daily timeframe there is a double top pattern formed. Price already broken below the support with a big bearish engulfing candle. This upwards movement could be only a retracement before further drop in this pair. Price spent several weeks consolidating inside 1.6820-1.6660 area which also looks like a flag pattern to me. Sell EURNZD 1.6760 Stop loss 1.6820 Take profit 1.6400 (6R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
1