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Short-signal

GBP/JPY Falling: Multi Resistance & BrexitGBP/JPY is following the drawn wedge since the early days of 2020, reversing every time it hit either the upper or the lower trend line. Not only is the wedge holding strong, the 140 area is holding up as well: the price failed to close above 140 for the eighth (!) time now. Combine the above with the failing Brexit talks, and we have a recipe for disaster on our hands. Im considering Support 1 and Support 2 as potential exits, but feel free to do your own DD.
Long
by FieryTrading
3
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