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Short-signal

GBP/USD Bounced From Strong Resistance: Brexit UpdateGBP/USD didn't manage to beat the 1.35 resistance for a third time today, signaling a new downward movement in the coming days. Furthermore, it became apparent that the GB-EU Brexit talks are taking a turn for the worse, potentially even being cancelled altogether. This action would mean that a No-Deal Brexit is imminent and you should trade accordingly. My guess will be that the EU and GB will fail to find compromises and that no deal will be found, launching GBP and EUR into the abyss.
Short
by FieryTrading
1
GBP/AUD Head and Shoulders CompleteIn my most recent GBP/AUD post I made the prediction that there was a bearish Head and Shoulder pattern forming on the 4H chart. Today, the pattern finalized, signaling a new path downwards for the pair. Also, it became apparent that the GB-EU Brexit talks are taking a turn for the worse, potentially even being cancelled altogether. This action would mean that a No-Deal Brexit is imminent and you should trade accordingly. My guess will be that the EU and GB will fail to find compromises and that no deal will be found, launching GBP and EUR into the abyss.
Short
by FieryTrading
GBP/CHF No-Deal Brexit ScenarioEarly December GBP/CHF failed to beat the 1.22 resistance two times, which was already a short signal by itself. Today it became apparent that the GB-EU Brexit talks are taking a turn for the worse, potentially even being cancelled altogether. This action would mean that a No-Deal Brexit is imminent and you should trade accordingly. My guess will be that the EU and GB will fail to find compromises and that no deal will be found, launching GBP and EUR into the abyss.
Short
by FieryTrading
EUR/CHF Bearish - Brexit ScenarioEUR/CHF failed to pierce through the red area of resistance and is on its way back to earlier support levels. Today it became apparent that the GB-EU Brexit talks are taking a turn for the worse, potentially even being cancelled altogether. This action would mean that a No-Deal Brexit is imminent and you should trade accordingly. My guess will be that the EU and GB will fail to find compromises and that no deal will be found, launching GBP and EUR into the abyss.
Short
by FieryTrading
Bitcoin Bearish Triangle FormationOn the 1H chart, a bearish triangle is forming on the BTC/USDT chart. Looking at the fact that Bitcoin has failed to breach the $20k wall two times now, it might be time for a healthy short term correction. Support 1 would be my best guess where the price could reverse in case of some downward movement in the coming days. If Bitcoin might end up in a free-fall, Support 2 would be a great area to opt-in for a long position. There's a lot of volatility in the crypto market, do your own DD and trade safe.
Short
by FieryTrading
1
GBP/AUD Head and Shoulders FormingGBP/AUD is forming a Head and Shoulders pattern. Since the head is pointing upwards, this counts as a bearish pattern. Support 1 is chosen since it's located at the base of the head and shoulders, reasonably conservative play. If you're feeling lucky, consider Support 2 as a potential target. Great R/R but with a higher risk. Another possible trade would be to wait for the pattern to complete. Let a candle close below Support 1 and ride the bearish movement towards Support 2.
Short
by FieryTrading
EURUSD stat ne FALLINGWe continue to monitor the formation of prices. Let me remind you. First, the price came to the line and the resistance level and then fell. Then it broke through the resistance line and fixed on it and continued to delight - we opened a sell signal. In the end, the price began to rise again and, as expected, came very close to the resistance line. I expect that, as a result, it will touch the resistance line, turn away from it and begin to fall. The target is the support line. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Short
by Lingrid
12
EURUSD Signal to open SELL TRADEI continue to insist that the price will drop soon. The new round of developments in the situation with the elections in the US yesterday strongly influenced all my forecasts with the participation of the dollar. Almost all pairs have broken through the upper boundaries and resistance lines instead of stopping at the nearest one as we had planned. But I am not changing the direction of the deal. Now we see on the chart that the price of the pair has stopped at the resistance line and is testing it. I use an even smaller timeframe to more clearly show how the last trades went - within the line. The resistance zone on which the price is now being fixed is strong for this chart, one line has existed here since September, the second - since January this year. And such a price movement between two lines at its very intersection, and also a recent breakdown, suggest that the price will fall. Therefore, I say that now is the time to open a sell trade. SL in this case will pass above the resistance zone, in case the policy again affects the price growth. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻
Short
by Lingrid
49
NATURAL GAS MASSIVE SHORT OPPORTUNITY: ELLIOT WAVENATGAS has bounced off strongly from the upward channel it's been following since March, completing Elliot Wave step 3. I'd expect the price to retrace towards the lower trend line of the channel, marked in green. The lower trend line will be hit somewhere late December to my expectation, just in time to bounce back up to complete the last step op the Elliot Wave. The bounce is to be expected since it overlaps with the increase in demand which, historically, peaks during the winter.
OANDA:NATGASUSDShort
by FieryTrading
GOLD next step in trade - FALLGold is determined decisively. Here is my last prediction, which continues right now. The price continues to form a downward movement through pullbacks and corrections. During the last trading day, it returned to the resistance line, touched it and reversed again in a downtrend. Which tells us about a good basis for a fall in the price - since after two touches and pullbacks, it is unlikely that it will be able to break the resistance line for the third time. This means that the price is ready to fall. A strong support line is now on its way, which emerged in July 2019. It is not clear yet whether the price will be able to break it. So now I expect the price to fall towards this line. The target is thus a support line around 1877.89 Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻
FOREXCOM:XAUUSDShort
by Lingrid
80
EURGBP FALLING in channelTo begin with, I want to remind you of my past forecast for this pair, which came true. I wrote: "The price has so far entered the descending channel and after breaking it approaches the lower channel line - the support line. I expect growth from her." And we can see that now the price really touched the support line and rose from it to the resistance line. Where the price is now. In addition, these lines are the borders of the descending channel, in which the price has been moving since September this year. Since the price still showed a large increase before entering the channel, it can rather be called the "Flag" pattern. By the way, there is a strong level here, which the price has broken through. This is another reason to expect her to fall. I expect the price to touch the resistance line, bounce off it, and reverse in a downtrend within the channel. The target is the support line. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻
Short
by Lingrid
13
AUDCHF FALL in channel The last time I turned to this pair was a month ago and said that the price will come to the resistance line after pushing off the support line. As you can see, that prediction came true. During this month, the price has covered quite a long distance. After it came to the resistance line, it pushed off it and reversed in a downtrend. On the daily chart, we see that since September the price has formed a downward channel. And it moves in it regularly touching the support and resistance lines - the boundaries of this channel. At the beginning of this week, the price just came to the resistance line, touched it, but could not break it. This means that the movement in the channel continues. Thus, I expect the price to come to the support line. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻
Short
by Lingrid
13