Bearish Rectangle
ETC/BTC Bearish TimeHello Traders,
Today i am gonna be doing a quick analyses about Ethereum Classic, for this asset we have a big uptrend moviment, and now the bears held control of the price, we lost wall the fibonnacci Retracement levels, we dont have any bulls defence, and now the price is acumuting on it seens to be a Bearish Rectangule, the last chance to make the price have uptrend moviment is remaing above the 0.03828 level, if we lost this level, the price will go back to test the important support line.
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Best regard Sandro and Gustavo.
YY INC Stock NASDAQ -H1 Bearish Continue Rectangle & Short SetupYY INC Stock NASDAQ -H1 Bearish Continue Rectangle Formation and Short Setup
Description: FXAndalanBangsa found a Bearish Continue Rectangle formation on H1 Chart Timeframe.
Trade Period: Intraday Trading
Instrument: YY INC Stock NASDAQ
Time Frame: H1
The trend in the Timeframe: Bearish
The trend in the Daily Chart: Bearish
Trade Based On: The Bearish Continue Rectangle Pattern
Accuracy: %82
Recommended Lot Size: 0.05@ 10 K Account with 1:100 Leverage
Trade: Short
The Area Of The Entry: 65.35-66.35
Stop Loss: 67.75
Target 1: 58.30
You can follow the setup: Bearish Continue Rectangle Pattern
TWTR-Twitter Bullish Shark or Bearish Continue Rectangle?TWTR Bullish Shark or Bearish Continue Rectangle?
Market: TWTR
Time Frame: Daily
Predicted Direction: long
I will open buy if the price will make broke out of @30.80
goal @35,01
SL @28.30
I will open Sell if the price will make fake broke of @25.44
goal 15,58
SL @28.77
TWTR updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
AUDCAD Short OpportunityHere we have a double top formed on a 4 hour keeping inside a strong bearish rectangle. Level 0.98654 has not been broken and respected perfectly creating this formation, also strong convergence with the RSI and Stoch. If the 50% Fib level is broken at 0.98048 I will be looking at shorting this to around 0.97205 support level. It is also visible that it is being squeezed slowly into a descending triangle so I will also be watching to see if this breaks to the upside if the squeeze continues. I would say this is a short term trade to that 0.97205 level for some nice pips and then re-evaluate for a possible long. AUD unemployment rate is due so very wary of that, but at the moment looking good!
All feedback is much appreciated!
J
Very Clear Bearish Rectangle on EURJPYHere you can see a clear image of a bearish rectangle, showing that the bearish trend halted and began to consolidate. It respected the rectangle perfectly for over 12 days without any large breakouts. As time moved on it was comfortably within the rectangle however at the same time was being squeezed into a bearish pennant. This was a case of waiting patiently to see whether the bulls would take control of the initial bearish trend and turn it around. After a strong rejection of the 132.379 fib level it then began shifting upwards, taking some time to break through the 132.767 level. Once it did it was then clear the bulls had taken control and was an opportunity to then place a long position. I had to be patient on waiting for this move but it eventually broke out.