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PHIVIDA CBD Energy Drink. Made in Canada with Organic Debt. Tickers VIDA (Canada) and PHVAF (USA) have been in trouble for a bit. Tons of failed descending wedge breakouts over this last year, which was an inherently bearish sign during a bull run. I think with global supply chain gluts and the corona-virus threats we will see this descending triangle break down to near few penny's, specifically $0.02 or less. On the rare chance it breaks up and out, I can see us going towards $0.18 This is a do or die situation in my opinion. I think this market might be ready for consolidation, but I honestly hope that I am wrong. Please give me a Like / Follow and check out my other charts. Comments are welcome if you agree or disagree, let debate it. I have no skin in this game and this analysis is pure speculation, not financial advice.
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by ChartProphet
1
Odds are stacking up for a breakDOWN in S&P500 & friendsPreviously noted that on a particularly critical day, the S&P500 closed below expectations thereby giving heads up of the near term imminent downside. This morning (UTC+8), in the ES1! Hourly chart, we can see a potential double top of the rebound. The next few hours in Asian trading time would be critical, and we expect a path of lower lows and lower highs to follow (guided by the yellow line on the chart). A support level is drawn with an s,era as it serves as the first indication of the floor giving way. Watch it for the minimal downside target drawn previously as the bright red ellipse. This should be validated after breaking the immediate support and a series of Lower Highs, and Lower Lows follow. Technically, the MACD suggests at the double top is likely to hold, as opposed to a breakout above the resistance at 3130. There is a slight bearish divergence which should deliver today.
CME_MINI:ES1!Short
by Auguraltrader
SHORT- MIDPERP - Trading OpportunityPrice broke below 4H support, retested resistance and looks ready to short Entry: Market Target 1: 644.3 Target 2: 615.1 Target 3: 572.8 SL: 707.7 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
FTX:MIDPERPShort
by ElMomento
XRP Trend Broken - River Of Tears All Over My Keyboard..So theres a bit of sarcasm in the title but hey, I like to have a bit of fun :) The uptrend has broken below the pitchfork with decent sell volume. In my previous posts I claimed we would need to find support above the 1.0 fib level to continue upward. This unfortunately did not happen. In fact, the 0.786 fib level gave way to the bears as well. Expecting a bounce or consolidation at the .618 fib around 0.255 cents where the 200 day moving average perfectly aligns. This area was also month long support from August - September 2019. Short Term View From A Long Term Bull. Please Like & Comment ------> Lets Be Friends **even if we disagree** HAVE A GREAT DAY. LIFE IS A GIFT. Not Financial Advice.
COINBASE:XRPUSD
by MitchMilli
2
HESS SHORT potential on trendline breakdownAs HES breaks its minor upward trendline , a short position is entered with a tight stop. As this trade progresses, longs would will be forced to exit, creating a potential for a steep move down, at least to the trend start around $43 Factors leading to the decision: Price was rejected trying to make a new high in November, creating a new major downtrend Medium-term upward trendline broken, so now we look for downward continuation Very heavy volume on the bar that broke the downtrend The bad news is there's no recent retracement to tuck a stop above... so the stop on this trade is a big wider than I like, and it will be inside the trend around $62.50 As always, use a tight-stop and if it rips down, let it run and trail stops behind.
NYSE:HESShort
by ericsolan
DXY Week 10th FebAfter seeing a big close on the weekly, I'm not seeing this too much as likely to push above the first target area, in the past week have seen, strong weekly closes, consolidation before falling back down again. Currently seeing a larger expanding formation, which either way is inline for a sell-off. With that being said there is still a possibility for a retest of larger tops and previous highs. Got a few USD pairs on the cards next week, so will be seeing how the DXY plays out. I think from now on, every week I'm going to do a short DXY breakdown, hopefully people find value from it?
TVC:DXY
by AaronSLuce
GOLD patterns bigger picture so just have a look right at both price bars and ask yourself at this current moment do you really think gold is still gonna move higher ? yes might creep up a little bit more but this does show more signs for moving lower again at some point in time my overall bias for gold is to move higher eventually but i cant see this happening anytime soon and just look at the size of the last corrective phase ? course there's going to be buys and sell within this structure zoom out and just look at price action this tells you everything you need to know but yes this could all fail and gold could just fly to the moon but just be aware that this shows signs of moving lower hope this help a few as i've been getting a lot of messages about gold this is just what i see has anything can happen hope you've all had a great weekend lets get some profits :)
OANDA:XAUUSDEducation
by LucasMatthew
SWN Breakdown to New Local LowsIn this chart we're looking at SWN on the 1D chart as price has consolidated into a rectangle. Price has broken down through the horizontal boundary around $1.78 and has confirmed the breakdown after printing a 1D candle through the $1.73 area. This rectangle has a price target of around $1.11 for about a ~37% gain. If you would like to see more of these ideas on a regular basis, follow me as I will be posting many more exciting chances to earn on chart pattern breakouts this upcoming year! Drop a like or comment if you found this idea informational or helpful in any way! Cheers!
SShort
by TheLuckyS7ven
1
GBPCHF Bearish Head & Shoulders Breakout In The Sell ZoneGBPCHF on the 4 hour chart broke down from a key support area after the market retested the backside of the trend line in the sell zone, the market created a bearish crown above that support area, now the market broke below, breaking out of the crown formation, the market is a little bit low already so i'm going to wait for the market to pull back to the downtrend line which will then also align to the past support, and there im looking to short. I hope this was helpful to you, if yes please hit the like. Thank You
Short
by ElyaStein
1
#eurusd - On support now, 240 #forexHi guys, I have been really busy today so the update on 240 for EURUSD comes a bit later than planned. EURUSD has been pushed back to this now relevant support trend line on the 240 interval, after loosing the Quarterly and the Monthly Pivot at the same time. Generally this could still be simply a breathing and retest of this area in order to grow further and above the Quarterly Pivot. EURUSD is pausing here because buy orders are kicking in, although at the current time I don´t see any specific reversal sings, that bring the price back up, we need to watch further what happens on this level and potentially short the breakdown. (Especially watching out for Pullbacks, Engulfs or Stochastic Break Ups/Downs providing good odds to growth until the white key-level or decline, meaning both directions!) Technically the breakdown from the top pattern is not at the 100% target yet, with all the support going on down there, doubting it will be reached just like that. Please note this is a potential buy-zone rather then short, but be prepared for both directions and react instead of assuming. As usual marked the next significant levels. Neru
by Gl4diator
Bitcoin, 3 possibilities.Well the inverse head & shoulders has played out perfectly. My entry at $6,860, and then stop-loss at $7,795 netted me a 13% gain in 5-days. So now where?! Option #1 - We surge, today (tomorrow at the latest), to $9,000+, break out of the 6-month downward channel and go on a new bull rally. Option #2 - We break down to somewhere between $7,000-$7,700 and hold there and wait for rebound out of 6-month channel, sending us into bully rally. Option #3 - We plunge below $7,000 and head probably into sub $6K range, with my target near $5,800. I got stopped out at $7,795, but then got pulled back in @ $7,870 due to the bullish engulfing candle on the 15 min chart. I may be over-trading this play, but I want to keep profits but also don't want to miss a rally above $8,000. Time will tell. The "options" are in the order that I see most probable. Reminder, don't trade emotions, trade the charts and your strategy.
BITFINEX:BTCUSDLong
by GunMoney