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Bearishreversal

CL1! - Crude Oil - WTI - H1 - Weekly Analysis - SHORTCL1! - Crude Oil - WTI - H1 - Weekly Analysis - SHORT We have a Major bullish Trend on the Daily chart , but we a bearish reversal since the price is below 37.50$. We are waiting for a little pullback on a key level to enter SHORT between the golden zone to enter Short. Our target will be the @ -0.382 Fibonacci Level. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ If you like this idea please click the like button to support this channel, thanks. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
NYMEX:CL1!Short
by Sami_Derti
3
NASDAQ - US100 - NQ1! - H1 - Intraday Analysis - SHORTNASDAQ - US100 - NQ1! - H1 - Intraday Analysis - SHORT We have a Major bullish Trend on the Daily chart , but we just had a bearish reversal pattern. We are waiting for a little pullback on a key level to enter SHORT. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Entry: 9630.00 | Stoploss: 9710.00 | Takeprofit1: 9430.00 | Takeprofit2: 9260.00 | ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ If you like this idea please click the like button to support this channel, thanks. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
OANDA:NAS100USDShort
by Sami_Derti
1
Final push for the bulls? or just a reversal?Welcome to my market daily update: • Daily: I don’t like how the daily RSI isn’t resting, many of you know how I love the OBV indicator, it is a very hard tool to expert it and I have my own way to confirm with it if we are in a bull run or not (Among other confirmations to support it which you must have), and as you can see in the daily chart: most of the green arrows which confirming the last 2 bull runs for me (After confirming these with other aspects as well), are actually working out but with 2 exceptions (Yellow marks) due to RSI (Every time we have RSI overbought, it has a sudden pull out to give oscillators time to rest before the next move): 1. RSI didn’t rest, but it was during a confirmed strong bull run – it means buyers can easily continue buying and suppressing higher “over bought” areas, usually this break TA with over excitement, this should be a warning sign as well that we are getting to the peak if this happens during a parabolic bull run. 2. RSI didn’t rest, but it was during a confirmed bear run – it means that there is a lot of activity from the bulls and that the speculations and excitement are too high because of an incoming event. - This is just my own speculation as I’ve seen it in the past as well, this doesn’t mean that this is what will happen, because in overall the midterm market is extremely bullish which might lead to breaking the big-term bearish market and start the next bull run (We ju, I personally don’t trade against the bigger picture trend unless I confirm that it is changed, so I prefer to stay bearish. - But to our community we prefer the smarter way which is stay bullish trades as we are less focused on mid-term reversals, we prefer to focus on the strong mid-term trend as this gives the best results and not counting on speculations if the overall market trend is changing or not. ______________________________________________________________________ • Weekly: 5 more days for halving, I expect next weekly to decide if to break this, we never ever had more then 8 weekly green candles, so are we getting ready for a final push this 8th week or are we going to heavily reject it? if we aren’t going to break above 9335 until weekend then I expect that we won’t see a 9th green candle and expect us to correct to at-least 8,300 because our next move, breaking below it will bring us to 7575, and going below it I suspect will continue the bearish channel which we’ve been riding for almost a whole year already since 14k, and if this happens then the halving effects will easily start the bull run in next 5-7 months like I keep repeating myself… I wish for the bulls to push harder and finish it up, but as they are exhausted and as we are right under the top channel, I won’t be surprised. - Do notice that we are still inside the weekly cloud as well, which acts as a very heavy resistance for us - And also notice that our weekly PA candle forming a hanging man candle – it means we might have ended our run as well as when it appears at peak of bullish move then reversal is the logical next move • As I posted on my TG: - “Im heavily shorted the market since 9300 on my trading portfolio (big bet), also I sold a lot of my long term portfolio assets, I really think this was the top on Crypto, if Im wrong I dont lose much as per to my portfolio management and all I will feel is just missed out move, but if Im right this is going to be a very big jump for me. I will say this, we still decided to go long for our community as we prefer to follow the midterm trend, but as I have been saying since I came back, just notice that the big term mood since 14k is still bearish, and smallterm vibe is showing a strong weakness from many aspects, so Im staying with my risky bet..” – so I don’t mind if we fall 😉, as I usually trade for the bigger moves. But priority for our group is of-course bullish.
BITFINEX:BTCUSDShort
by Hedgehog_king
Bearish Pattern coming in 9/20/19*** Disclaimer - This is my first published prediction. I've only been studying charts for about 4 months, so I wouldn't put much weight to this. Oh, this is not trading advice. Do not use this as a strategy. *** With the political climate coupled to sound recession indicators alarming and a correction to the job growth data for the year, I think a Head and Shoulders pattern was just formed. The accuracy of a head and shoulder's pattern in predicting a bullish to bearish reversal is *supposedly* quite accurate. With the trading for the week closed out for the day, this loss would be a confirmation of a reversal for the right shoulder (also making it an evening star pattern). I can foresee variability in the pattern due to artificial stimuli (tweets) boosting the market if occurring in tandem in the latter part of next week. Hope no one loses their revenue streams at a time when working for a living is no longer an option. Best wishes. M
NASDAQ:TQQQShort
by InvestingIsAScience
BTCUSD: Bearish Bar But Accumulation Continues?BTCUSD update: Short squeeze erupts into a vertical move that takes prices to 6900 in a matter of minutes. This was the scenario that we were anticipating which we shared with our members a week ago. The swing trade that we called at 6189 was taken out at 6824 which was our predetermined target. As price continues to stabilize, we are on the look out for the next long. At S.C., we follow best practices which keep us from reacting to market noise like so many "experts" had during the price action leading up to the squeeze. There were a few short triggers and tests along the way, but we stuck to our original plan which was to let the probability of the location play out. Now the objective is to isolate the next high probability long setup. Since the bullish trend line is still intact, it is just a matter of waiting for a compelling pattern to appear. Once again, this market is shrugging off bearish patterns like the pin bar that printed after yesterday's squeeze which makes the bullish argument more compelling. In summary, even though the current price structure is not very impressive, we continue to anticipate further strength. The reason? This market refuses to produce any significant bearish arguments like a close below 6K. We categorize this type of price action as a slow accumulation since sell signals continue to be absorbed. Like we have been saying all along, the general location is more attractive for the long side. Between the 6K psychological support, the broad .618 support zone (8171 to 4983), and newly established higher low, price is still poised to go higher. We will continue to look for longs until it proves otherwise. By keeping the focus on anticipating rather than reacting, we are essentially letting the market come to us. We do not force trades, jump into low probability trades or entertain the noise. It is very common to over trade in an environment like this, especially if your plan is not well defined. High probability trades are infrequent and in these markets, if 2 - 3 swing trade setups trigger in a week, that is a lot. The first step to minimize over trading is to anticipate price, not react to noise.
BITFINEX:BTCUSD
by MarcPMarkets
8
S&P500 Futures Near Range High Resistance, But No Signal. Yet.S&P 500 update: The main stream media outlets create and capitalize on financial drama, but when you look at larger time frame chart of the broader market, there is nothing particularly dramatic going on here. This market is range bound. Range bound markets are good at extremes because reversals are reasonable to anticipate on both sides of the market, long and short, even if it is against the bigger picture. At the moment, price is fluctuating around the range high which is the 2671 area. The level to watch is the 2692 reversal zone boundary for bearish reversals. This is where day trades or even conservative swing trade opportunities can appear on the short side. Do not forget that the S&P is seriously affected by company earnings and with fundamentals such as the recent tax cuts entering the economy, it is important to consider how such information is likely to affect price action. This is why you must know how to form expectations that are within reason on both sides of the market. Reasonable expectations begin with having a perspective. And this begins with evaluating larger time frame charts, and considering the fundamentals that are relevant at the moment. Make sure to visit S.C. for more insight on this market along with many others.
CME_MINI:ES1!
by MarcPMarkets
2
ETHUSD: Don't Buy High. Consider Bigger Picture.ETHUSD update: New all time high established at 1225 as price backs off into the mid 1100s. When markets runaway, the best thing to do is evaluate the bigger picture to get a better sense of perspective and risk, not get carried away by euphoria. In this report I am going to highlight the next proportional target as well as relevant support levels. Elliott Wave offers a way to categorize market movements and provides a framework to help anticipate how the herd is likely to react next. I am always aware of wave counts, but I do not write about them unless they are worth noting in order to avoid confusion. Now is one of those times worth mentioning where this market is in terms of wave count. At the moment, this market appears to be in a Wave 3 of a broader 5. This price action is typical of a wave 3 since it can never be the shortest wave according to impulse wave rules. This also means the next retrace will be a sub wave 4 and likely unfold in some form of narrow range triangle before breaking out and completing 5 of 5 waves. This serves as a broader road map, and is not an absolute prediction. The potential support levels for the sub wave 4 can be around the 1000 level (.382 of current bullish swing measured from 640 low) or the 863 to 771 zone (.618 of same bullish swing). These are the levels to evaluate for smaller time frame price reversals that can lead to the next bullish wave which has the proportional target of 1385 (2.618 projection measured from 492 low). Buying highs is a high risk behavior, while locking in some profit is a best practice, especially in markets that go vertical like this one. IF the current candle closes in this configuration (a bearish pin bar) that warns of further selling and can be the beginning of the sub wave 4 retrace. In summary, there are always more opportunities in these markets and no need to be emotional about missing out. All markets retrace and offer more opportunities at much more attractive reward/risk ratios. The next significant retrace in this market still offers an attractive buying opportunity for at least one more leg higher before it is reasonable to expect a much broader correction based on the current wave count. The best thing you can do is be patient and keep an eye on the bigger picture because it helps you anticipate the herd and not react to it. Comments and questions welcome.
BITFINEX:ETHUSD
by MarcPMarkets
26
EURCHF Sell Idea UpdateD1- Price breaking above the last high H4 - Bearish reversal confirmation didn't happen. We will now be following the next strong zone which is around 1.17. Ideally we will see the price reaching it before any serious moves down. Can we look for intraday and short term buys? Yes absolutely, as long as there is no breakout below the most recent and valid low on the H4 chart and the the most recent trend line is holding, every pullback is an opportunity to buy.
Short
by VladimirRibakov