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Bearish Flag

CADCHF Sell IdeaD1 - Potential double wave down, price has room lower towards the critical level. Price is currently moving inside a bearish flag pattern. H4 - We have a critical zone that has formed based on the fibo levels of the cycles and the top of the daily bearish flag pattern. Price has currently reached this zone, we have potential bearish divergence, We may now look for more bearish evidences in order to join the bears. Invalidation: If the price breaks and holds above the H4 critical zone then this sell setup will be invalidated (false breaks can be neglected).
Short
by VladimirRibakov
AUDCHF Sell IdeaD1 - Price is moving inside a bearish flag pattern. H4 - Price is nearing the critical zone formed by the top of the daily bearish flag pattern and the fibo level of the cycle. H1 - Bearish divergence, once the price reaches the critical zone, we may then look for bearish setups with bearish evidences in order to join the bears. Invalidation: This sell setup is valid until the critical zone holds. If the price breaks and holds above the critical zone then this sell setup will be invalidated.
Short
by VladimirRibakov
bearflag poentially breaking down...target 8.6k?breakdown no confirmed just yet but probability is definitely favoring it now as we can see price acion now firmly under the 4hr deathcross. If price action cant climb back above that deathcross then both the bearflag breakdown and he death cross will be sustained/confirmed. this is the perfect spot if the breakdown is confirmed for price action finally reach that 8.5k gap on cme futures chart bit of course the smart trader will make sure to buy back in a few pips before that and if we continue to fall and hit that target to also buy the dip
COINBASE:BTCUSDShort
by DrDovetail
1
BTC/USD Bear Flag Hello Friends, Not much to say here, only thing to mention is that this is not a good time to be in the trade. I would wait for the down trend to end. Click on my link to see probable outcome. Details on the Chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you! CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype. Cheers!
COINBASE:BTCUSD
by keifer
AUDCHF Sell IdeaD1 - Price has created lower lows currently it looks like a flat correction is happening. H4 - Price is moving inside a bearish flag pattern. H1 - Price is moving inside a small range, price has reached a critical zone formed by the top of the H1 range, H4 bearish flag and the fibo levels of the cycles we have and is currently moving lower. Until the price holds below the critical zone we may look for bearish setups with bearish evidences in order to join the bears.
Short
by VladimirRibakov
Nasdaq bear flag, ready for second leg down?Almost becoming a standard for the stock market to bounce right back up again after some bad bearish news and price action. This time there is a chance things might be a bit different though. On the left it looks like there is a real resistance zone now inside this bear flag. I have not posted much about these markets, because the noise has been extreme past year. But now it's worth it. Because if the curved blue line on the right holds, bearish price action could become real for the coming period. Maybe even a real bear market. But as soon as the curved line breaks, i will very easily step back again from that assumption and open again for both sides. There has been no logic at all IMO about the stock market. Everything can blow up easily IMO, but those thoughts have been with me for a very long time now. It has become clear, that as long as intrest rates don't increase, the inflow of (borrowed) capital could continue to push the stock market up. So it could be that as long as intrest stay this low, the bear market simply won't start.
CME_MINI:NQ1!
by botje11
14
JOHNSON & JOHNSON 1D IS IN A RANGE & BEARISG FLAGBearish Flag is a form of range pattern Ranges, Descending Triangles, Triangles, & Ascending Triangle are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart ). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending volume bars and descending atr line (which indicates volatility ) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of average volume for a full position size. b - If 75% of average volume then ½ position size. 2 - Enter two trades. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit.
NYSE:JNJShort
by Tradingstrategyguides
BTC Potential Bear Flag? Short Hello Traders, Update on BTC's recent developments, Points to consider, - Sharp advanced decline into pattern, - Key characteristic of a bear flag - Price is in a narrow range - Major support broken, support was in confluence with the .618 Fibonacci level - RSI recovering to neutral zone - Stoch's on downwards momentum - EMA's providing price resistance at current given time - Volume is below average, signalling a move is incoming BTCUSD has been trading in this narrow range after a sharp decline in price, forming this potential bear flag pattern. This consolidation is a breather in the current trend (Bearish) as a bear flag is simply a continuation pattern. The flagpole formation gives us clear targets which is around the green support zone... What are your thoughts on the potential bear flag ? Please leave a like and comment and remember, “Take your profits or someone else will take them for you.” – J.J. Evans
BITMEX:BTCUSD.PShort
by AzizKhanZamani
2