Tesla stock is showing some bearish signals. Is forming a double top with two big weekly reversals candles. Also shows bearish divergence against the RSI in the weekly timeframe. On the other hand, price is trading within a huge megaphone bearish pattern. The price is hanging by a thread. If it breaks the support, is going down hard. Personally, I don't think...
The dollar is gaining strength, the AUD bounced off the long term resistance. Is forming a HS confirming its bearish trend.
Twitter has formed multiple bearish patterns, double tops, weekly reversals and the new resistance previous support is rejecting the bulls. Is very bearish, I don't think is coming back.
HPE is forming a HS and a bearish flag. The sentiment of the market is bearish, I'm not waiting to finish up both formations, there is no signal of bull power. Great risk and reward ratio on this early call. It can also go deeper but will see at that time.
UPST is forming another bearish flag. There is no sign of price reversing to the upside. Is totally bearish trading under the long term uptrend support now resistance. Great risk reward in this trade.
EURUSD is forming another bearish flag. Is following the previous bearish patterns as shown: double tops, bearish flags. The USD is gaining strength and the stock market is in correction. Everything is correlated, even the cryptos are getting smashed.
Check for rejection when retest the resistance in the daily timeframe.
Watch price rejection during resistance retesting in the daily timeframe.
Appears to be forming a HS in the weekly and double top in the monthly.
This is going down. Let's see how the weekly candle closes.
Perfect triangle. Could go any direction, but most likely upwards. Small position now, add more once it confirms.
Price is sitting on strong support at ~$2.4 zone. Alt coins are ripping. I expect to keep its uptrend.
SFP broke out the downtrend consolidation. Now is retesting the broken resistance now support.
Bullish flag is cooking up over a strong support of ~$1 zone. It is worth the risk to open a position before break out.
Is forming a nice ascending triangle. This ICO is going to mars. First take profit at $10, but I think I'm going to keep it.