Just Look. Sell at least to the support fot TP 1. Hol on to see if you might get a little more on your personal TP 2.
DXY - Technical Aspects: I feel we are approaching key area now, at this current time..Why? - We are near a trend-line down, if we go above the next trend-line area would be the next resistance areas. - Looking at bulls and bear scenario - Bears - could be bear flag formed measuring - 1.618 area down areas of support (That's if it breaks out of range drawn with...
Bear Flags are Ranges that are repeatable trading chart patterns. Bear Flag chart patterns will have a directional bias depending on the previous incoming trend (short trade). Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart pattern, wait for a candle close...
Wait for the continuation pattern to form and look for shorts
Bear Flags are Ranges that are repeatable trading chart patterns. Bear Flag chart patterns will have a directional bias depending on the previous incoming trend (short trade). Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart pattern, wait for a candle close...
Looking for more downside momentum on EURNZD another continuation pattern forming
SNAP just bounced off a nice support line of $20.66 created a channel at $22.33, retested 20.66 and bounced off. That is a strong indication of a reversal back to the upside. I would like to see SNAP really pull away from the small bearish flag that could be developing. If that happens we can easily see $24.05 which is a resistance line. Once broken, we have...
Bear Flags are Ranges which are repeatable trading chart patterns. Bear Flag chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart pattern, wait for a candle close outside of the...
Hey there, Please support this idea with your likes and follow me here on TV if you don't want to miss out! Bitcoin recently broke bearish after creating a fake out scenario, wicking to 12,400. We now got a retest of a major support trendline in bear flag formation. Too many still want to buy this dip, which concerns me quite a bit. For now the target is...
BTCUSD 1H. Watching & Waiting. I see BTC is currently in a descending channel and rejecting the level in the 'blue box' on it's journey back up after the sell off. In the process of this rejection I think we have created a bearish flag. I currently believe more downside is a greater probability than upside.
Macro 1: Bear Flag 2 Touches Top 3 Touches Bottom. Looking for 3rd touch top at $310. Bullish News Catalyst: Vaccines, Stimulus Bill passing in September. TARGET: $310 Macro 2: Symmetrical Triangle 4 Touches top 4 Touches Bottom Bullish News Catalyst: Vaccines, Stimulus Bill passing in September. Bearish News Catalyst: No stimulus, 737 max not passing TARGET:...
Bear flag forming on this.. Sell after completion of continuation pattern
Hello my friends, I found something interesing in CADJPY pair just now. It looks like this pair forming a small bear flag inside a descending channel on 4hr timeframe. Previously i took a buy position on this pair but i closed it on entry as it is going sideways for some time and no power in going up. Price already broken below the channel with a solid candle in...
AUDCAD after the break or the uptrending channel has moved down til the 4h resistance structure. Market retraced back till the 0.5 fib and now break the minor bear flag. Currently the market bounce again on the structure and now looking for a possible break. IF the market will break below the structure we can set a nice short order according to Plancton's...
Short term sell for the creation of larger continuation on the daily to head higher. 3 touch ascending and we retraced at the 3rd touch, if we get the continuation bear flag then i will be entering short targeting the bottom this correction
After our profit on this pair we look now for a new opportunity. Market hit on the daily support and already tested it few times. Yesterday market tried to break the structure without succes and price got rejected inside the bear flag . Finally seem that price lost support and we can look for a nice short order according with Plancton's strategy . ––––– Follow the...
Bear Flags are a Ranges pattern which are a repeatable trading chart patterns. Bear Flag chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart pattern, wait for a candle close...