FLAG
Bearish Flag on EURCHFBased on technical factors (Bearish Flag) there is a short position in :
📊 EURCHF
🔴 Short Now 1.0270
🧯 Stop loss 1.0360
🏹 Target 1 1.0230
🏹 Target 2 1.0132
🏹 Target 3 0.9999
💸Capital : 1%
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Bearish Flag on ZRXUSDTBased on technical factors there is a short position in :
📊 ZRXUSDT
🔴 Short Now 0.4202 or by Flag Breakout
🧯 Stop loss 0.6000
🏹 Target 1 0.3280
🏹 Target 2 0.2200
🏹 Target 3 0.1100
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
GBP-NZD Will Fall! Sell!
Hello,Traders!
GBP-NZD is trading in a bearish flag pattern
And the pair now looks about to breakout out
Of the flag to the downside
So I am bearish biased and I think
That we will see a move down
Sell!
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See other ideas below too!
TRXUSDTThis is a short analysis
We are witnessing dynamic support and resistance.
If we expand our vision, we can also see a flag pattern
My long-term view of this currency is declining
I also consider this currency to be a currency left over from the declining market, which may surprise everyone
Keeping an eye on this currency, we realize that it is trying to move freely, unlike bitcoin
This is a negative point from my point of view
Because sooner or later the investors of this currency will intend to withdraw their profits, which will increase the sales volume
BTC bearish flag patternBTC is in a bearish flag pattern, this combined with the recent data of whales moving BTC to some exchanges (Whale alert) will probably drag the price to the next important support around 20k dollars per BTC. Therefore there should be a confirmation in the volume and in the movement to decide whether a short position is a good idea or it's better to wait until the price gets to 20k and start buying long positions.
APE will be 3$This analysis is a short-term analysis
We see the formation of a descending flag pattern
In the event of a loss of dynamic support, a drop of up to $ 6 would be reasonable.
Also, if we lose the $ 6 range, with the Fibo review and its overlap, there is a possibility that the price will drop to $ 4 points.
If the $ 6 zone is lost, the selling pressure will increase, which will cause the price to fall further
Long BTCUSDTBTC make an impulsive move up and did a wedge flag correction.
The D3 candle closed bullish.
I am expecting a further move up from here to 32k and 34.5 k next.
Trade with cautious.
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
BITCOIN : AFTER BEARISH FLAGBitcoin has managed to form a bearish flag, and is now in the accumulation area to return to normal.
It is estimated that the accumulation area is at $20-$31k, which occurs a maximum of 3 months from now. And after that, bitcoin has the potential to go to the moon.
During this accumulation, you must be smart in money management so as not to be overwhelmed when slammed under $ 20k.
Thank You.
EURUSD trying to breakout againEURUSD keeps trading inside of a range and it reminds us of December, 2021 when we saw price trading sideways in a 100 pips move.
After yesterday's moves, now we expect a breakout. It's still more likely to see a downside continuation but this is not the main pair that we trade.
The important level right now is 1,0577 but we should also keep our stops above 1,0640.
A breakout of 1,0480 would confirm the idea of a downside continuation.
EURUSD H4 - 12/05/20221.052 is a daily resistance of EURUSD. We should expect a big bounce from the first touch but from the chart, there is no bounce at all. The accumulation zone has soon formed a descending flag , indicating that there will soon be a breakout. Right now is a good entry point for short but I'd wait until 1.054 to minimize the loss because it might be a false break .
Remember to trade systematically
Cheers.
COTIUSDT is creating a bear flagthe price created a double bottom on the daily timeframe on the 0.17 as you can see on the upper chart.
on the 4 timeframe, the price is creating a bear flag after a false breakout from the flag and the rejection from 0.22 resistance.
How to approach it?
The price could have a new breakout in order to grab new liquidity from the demand zone at 0.155$ So uf the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
What I am looking to see for NASDAQ, Tuesday 5/10/2022We're again on a key zone and it's hard to tell what market is gonna exactly do. So I have two scenarios that I will share with you.
I) I will BUY in this case :
I will buy in case of a clear break above the zone with enough volume (*) and a clean retrace .
SL : will be updated
TP : next zone ( 12721 )
II) I will SELL in this case
I will sell in case of a clear break below the zone with enough volume (*) and a clean retrace .
SL : will be updated
TP : round number of ( 12000 )
* : Only a strong bullish or bearish candle is accepted.
CAUTION :
Trading is a game of Patience. I don't trade in ranging days and only execute when market has already decided where to go.
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If you have any questions let me know in comments bellow
Thanks for the support
DISCLAIMER
I am not a registered investment, legal or tax advisor or a broker/ dealer. All investment/
financial opinions expressed by me are from the personal research and my own experience and are intended as educational material.
Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.
Thoughts on CADJPY (bearish flag)At this point there's a strong consolidation on the price. But if you see careful there's a flag pattern formed on that conoslidation that can mean a short position. If that happens, we'll wait for the zone where a bat pattern may be formed. Anyway, if we decided to trade, I recommend to reduce risk because of the consolidation. TP will be the green line and SL will be the red line.
Do you have any other ideas? Let me know on the comments.