HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE CRUDE/ USOIL . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS...
In the short term bitcoin is forming a bearflag. We need to hold the 55k level or we will drop lower to around 50k where next support is.
Ready to eat some sushi? I am ! Giving the levels I'm looking for, along with the timeframe they're from. The higher the timeframe the more important it is as you all know, Personally looking for longs in 10-11 area. Taking a little profit here might not hurt if youre long, rather if youre a short term trader, exit the position . Making a pattern here which...
GBPUSD is moving inside a descending channel. The market after a test of the 0.5 Fibonacci level is now turning into a bearish scenario. If the price will break the bear flag according to Plancton's strategy we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
Bear flag! Shoulder-Head-Shoulder formation! Strong resistance @63.72! And by the way today is friday! The fifth day up in a row? Very unlikely!
Buyers run out of breath! Be prepared for free fall below ~62.65 USD !
Buyers run out of breath! Free Fall can start below ~66.16 USD !
Classical Bear flag ("Bull trap") !
On 30 July 2019 we've seen the same (similar) BEAR FLAG like now! Will history repeat itself?
Like trader ScottBogatin already said, look at the chart, now we are trading in a wide range of about $4-5 per day. Today we opened 63.94 and closed 66.20, that's only $2,26, a fully normal average range. And we've closed the gap! But now we've formed a BEAR FLAG as from the textbook. Maybe it is "BULL TRAP"!? ;-)
Hello Trader, good mood and profitable trades ! AUD/USD Short 1D chart Head and Shoulders - retest Bearflag - breakout Fibonacci - act as targets Moving avarage - act as support and resistence Priceaction - Chart pattern - Moving avarage Trigger - Waiting for the bearflag breakout, or bullback, and bearish confirmation in LTF R/R and S/L follow when i...
AUDCAD after the 2nd retest of the weekly resistance is now moving to the lower trendline of the flag over a minor support. According to Plancton's strategy if the market will break below we will set a nice short order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
$TIGR is currently on two pattern indicators. Macro it appears to be heading towards the top of a downward channel. This would appear bullish and a break of the channel could lead to the start of a Wave 3/5 the largest wave. Alternatively there is a bear flag forming on the hourly. The downward trend of the last two months could have a 5th leg and I would project...
After the bounce over the daily support, AUDNZD moves up and tested the 4h resistance. According to Plancton's strategy if the price will break below we will set a nice short order, --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h...
Still holding the long term short position we entered months ago but right now I'm looking to enter a smaller day trade to see if we can take advantage of another potential impulse downwards. It will be especially nice if the MACD starts to build negative momentum again if that happens that will give us alot of confirmation towards the downside.
NZDUSD after our last analysis created a strong bearish impulse. The price after the bottom retraced for the test of the resistance inside a bear flag. According to Plancton's strategy if the price will break below we will set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
Potential bearish flag forming on SNAP. Volume also declining on flag. Keep on you radar