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Pennant

Massive Crash Incoming On BTC -Watch This To Not Get TrappedBTC\1H Doing a pennant which is a sign of continuation With yesterday move performing a SL hunt and start to performing a pennant there which shows us there might be more down side to come.but it could also invalidate it by going up and taking all the liquiditiy around 22900 to 23400. Todays Events will totally spice things up even more than yesterday Dxy rising to 105 and holding it is a sign of Market getting weaker Please Boost,Follow,Comment if you find this informative Details on the video
BINANCE:BTCUSD.PShort
by pcmonk
Silver - Wanna Bounce??Been waiting on this one for a minute. Silver last daily close was an invitation to long but hey, let's see what's going on. Silver has been on the up like everything else since last September/October. It went from 18.00 all the way to 24.50, it's huge, a 30% increase in 3-4 months, but, then, it's been hitting the ceiling pretty hard. I can count 6 touch on the Daily. Of course, we helped it going down when it decided it was enought, but here it is now, dropping a nice and sweet pinbar right on the trendline, so, it might want to go back up a little bit. The situation : 1) We're still in an uptrend 2) Dollar has been strong lately, but DXY and all the related USD pairs act like they can take a break from dollar's push 3) Price formed a nice Daily pinbar, 4) Price is acting like it's bouncing from the trendline, like it already did 5 times in the past 5) If you look left, you can see that price is located where an imbalance has been created last November, it could still be orders pending right where we at right now 6) Price has come close to our area of interest in a corrective manner, see the falling pennant following the big drop. A descending pennant in a downtrend is usually a reversal pattern 7) Price wicked off the psycological 21.00 level 8) Finally my oscillator has been wayyyy oversold, for a minute, and the blue line just crossed the orange line, under the 15 level Well, Silver, we've made a pretty strong case in favor of a raise, even temporarely, going for the 0.38 - 0.61 area of the previous drop. This is just an idea, and I can be wrong, just pointing the facts, and there are lots of facts Cheers everyone and safe trading!!
FOREXCOM:XAGUSDLong
by aemerydufoug
USDJPY - In for a short term correctionDollar is loosing steam this week after the huge push up we've seen recently, Here we can see an ascending pennant, a textbook favorite, that is breaking down with a strong H2 engulfing making it look like it could go back to support It's a counter trend trade, so we have to be carefull, and expect less The ascending pennant is a reversal pattern when it breaks, so, price might want to go get some suport, in this case, it could be : - A fib level - the longer term trendline (the green one) - the 135.00 psychological level Let's see what the market will do with my coins!! Cheers everyone and trade safe!!!
Short
by aemerydufoug
BITCOIN WILL CONTINUE TO FALL!There is really not much else to say about this chart. My ultimate target for what still appears to be a downside correction of BTC is still in H4 demand. We now have a new H4 supply which is of course indicative of the strength of the bears presently. We have a break and retest of an H4 bearish continuation pattern and a diagonal resistance trendline continues to be respected as price steadily falls. All the confluence we need really. I will personally continue to sell BTC - for now anyway.
BITSTAMP:BTCUSDShort
by Moipone_Phakisi
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