Bearish Flag
NZDUSD I Current situation and how to trade itWelcome back! Let me know your thoughts in the comments!
** NZDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EUR/AUD SHORT PRICE ACTIONThais pair may take a while before breaking out of the consolidation zone. I can see a bearish flag is forming, as you can see. so I'm expecting a down trend after that. still early to confirm my analysis, so keep watching for potential short. If the bearish flag formed well then target the areas I marked.
Trade safe!
Hearing a bit too much about GOOGL being "cheap"In spite of bullish sentiment, I see a rising wedge bear flag pattern and a measured move
with a downside target of ~$72 which is a drop of approximately 40%.
Ethereum - Weekly bearish flag will send ETH to 618 USDT (gg)
Ethereum shows a lot of weakness on the major timeframes. You can see that the downtrend was pretty steep, and now we are in a consolidation phase. If we take a closer look at it, this is not even an uptrend; it's more like a sideways bearish flag consolidation.
A trendline from 2015 on the ETHBTC chart is breaking down, which is a significant bearish technical event. Make sure you check out the trendline in the related section down below!
Now the question is, "What will be the bottom on ETH?" We use the Fibonacci extension tool from the start of the bear market to wave A and wave B, which will give us a 0.382 FIB projection. This is a reasonable target for the final dump (618 USDT).
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
You can see my Elliott Wave count on the chart. I don't know what's yours, but you can take some inspiration. A lot of people are very bullish at this moment, but the chart does not look bullish. The previous downtrend from 2021 - 2022 was extremely steep and impulsive, which you do not want to see as a bull. We need to finish the major ABC correction to start the true bull market.
ETH is going sideways. It has been almost 1 year of sideways price action. I don't see anything bullish, and it's better to sell all your ETH if you haven't already and short ETH to make money.
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BTCUSD is formed bearish flag pattern on 1HBTCUSD is formed bearish flag pattern on 1H time frame.
Trade plan is mentioned on the chart. Please always manage your risk while trading.
Bank nifty 🐻Bank nifty forming a ascending channel pattern consider as a bearish pattern.
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DYOR
W10-8 USDCAD BEARISH IDEApotential bearish entry
Dow Theory in Place: Lower High and Lower Low Expected in Place
The double top, coupled with bearish divergence (a bearish reversal pattern), breaks out the neckline at 1.35899.
The price action is forming a bearish flag, and it is expected that the price action will continue the bearish trend.
Entry, SL, and TP levels are defined.
ETHUSDT Is ETHUSDT ready to tank?
Major support broken.
Bearish flag broken.
and Price action looking for 2nd pivot to falling trendline.
Double Your Chances: How to Profit from Both Buying and Selling Double Your Chances: How to Profit from Both Buying and Selling Opportunities on the AUDUSD
For traders seeking a buying opportunity on the AUDUSD, keep a close eye on the 0.6686 level for a potential entry point. While waiting for a retest after a market break and close above 0.6709 may provide added comfort, don't hesitate to take advantage of the opportunity at hand.
Alternatively, those looking to short the AUDUSD should keep an eye on the 0.6703 level for a potential entry. However, be warned that a market close above 0.6709 could signal a shift in the market and may not be the best opportunity for shorting.
By considering both potential outcomes, traders can position themselves for success and maximize their chances of profit on the AUDUSD.
#Gold-digger testing pattern and fib retracement on bitcoin, 1 min TF, tried to capture maximum gain as per fib retracement. Also working on percentages, will test the results soon...
W9.1-3 APT BEARISH IDEA (BEARISH FLAG)Dow Theory In Place - Lower lows and lowers HIGHS Expected in Place (Trend continues)
Formation of bearish flag coupled (continuation pattern)
SL & TP Levels are defined.
EURUSD Bear Flag PatternHey Traders, in the coming week we are monitoring EURUSD around 1.09884 zone, The bear flag pattern is a continuation pattern that typically occurs after a significant downtrend, signaling a potential continuation of the bearish trend. In this case, the pattern is forming around the 1.09 zone on the EUR/USD currency pair, indicating a potential sell opportunity. So technically we will wait for a breakout and watch a potential retrace from 1.093 support and resistance zone. Fundamentally USD data seems to be bullish with recent feds comments including Fed Waller about the inflation concerns, Fed Williams have mentioned too that Fed Powell should hike rates in the next FOMC early May which have triggered some Dollar strength.
Trade safe, Joe.
ATOM-USD✦SHORT TRADE SETUP✦ONE HOUR✦ATOM (COSMOS) is moving in a bearish direction and making a Bearish Flag Continuation Pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a SHORT TRADE opportunity over one hour time frame. Projected Price is given in dashed line. Risk Reward Ratio is set to 2% of the total portfolio.
Bearish Flag on USD/CAD @ D1A bearish flag pattern has formed on the daily USD/CAD chart following a peak and reversal in its previous uptrend. The pole and the flag borders are shown with the yellow lines. The stop-loss level (the red line at 1.35296) is set to the highest point of the flag area. The take-profit level (the green line at 1.31309) is set to the pole's length subtracted from the stop-loss level. I will open this short position only if the currency pair closes significantly below the flag's lower border.
BTC 15m Bear Flag without VPVR ResistanceWe have a school example of the bear flag formed on under-hour timeframes, and it targets the price of 28300, which perfectly fills the gap in historic volume shown on the VPVR on the right.
BTC 15m Head and Shoulders with neckline on VWAPHead and Shoulders fully formed in 15 min timeframe. Neckline is a VWAP that is being broken and retested at the moment. The target price of the formed pattern is below 28650, which is the beginning of a VPVR gap on the right. Fibonacci 1.618 regression support is at 28300, a target price of the bear flag I posted about yesterday. You can see it in the link below.
W9-22 NZDCHF BEARISH IDEA(BEARISH FLAG) Potential Bearish Entry
Dow Theory In Place - Lower lows and lowers lows Expected in Place (Trend continues)
Formation of bearish flag (continuation pattern)
SL & TP Levels are defined.
BTC Reversal & CRASH Coming!!! Bitcoin Traders About To Go Into
BTC Reversal & CRASH Coming!!! Bitcoin Traders About To Go Into shock!
Bitcoin has a Weekly Deathcross, 50 crossing below the 200 Moving Average, Negative Divergences on daily time frame, ( Declining Volume in a Rising-Wedge) In an outer potential Bearish-Flag.
A 2021-2022 Bars-Pattern/Fractal, non-adjusted, perfectly lines up with all levels.
It is the perfect storm for a 70% discount.
#NFA
BITCOIN to 10k measured move of fractalBITCOIN to 10k measured move of fractal. I believe the markets are not done crashing,.
Ratehikes usually have a delay of about 12 months for full affect. We have yet to fill the full impact from last summer.
The Australian Dollar to decline in price vs USD I've broken down an awesome short opportunity with some top-down analysis from the Monthly all the way to the 4H and we're able to see that Dailly structure has already been breached. According to the technical, price is prepared for a decline to lower weekly levels rather soon. Anytime clear Lower lows and lower highs are spotted, there's an immediate downtrend to become a part of. Let's ride the wave.
