Bear Flags are Ranges that are repeatable trading chart patterns. Bear Flags are a chart patterns that 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. What ever time frame you are trading this chart pattern, wait for a candle close...
Kiwi, it's been tricky to trade for sure! Let's see what we can get out of Kiwi....! Technical aspect: - A break to either direction - - Could be put as a bear flag - Channel going up until broken to down side then could confirm to be a - Bear flag - Remember Confirmation is key! Bulls are in control as long as it's above: 0.66580 Bears come into control as...
Hello, traders. RVN is forming a Bearish Accumulation pattern called as a Bear flag. A bear flag pattern is constructed by a descending trend or bearish trend, followed by a pause in the trend line or consolidation zone. The strong down move is also called the flagpole while the consolidation is also known as the flag. The bear flag pattern comes after a strong...
The market on the daily chart is inside a descending channel and recently created a bear flag that retrace from the previous move till the 0.618 fib level. Currently the price tested the 4h structure and made few attempt to break it. If the market will manage to break and close below it we can set a nice short order according with our strategy. ––––– Follow the...
AUDJPY - It's another opportunity! AUDJPY Technical Aspects: - Pattern - Bear Flag Formation - Trend-line Down - Trend-line Up (First one - went passed it - if the candle on 4hr closes bearish we see a bearish momentum to continue...To where? To the second trend-line up. - Out of the range it is below bearish momentum next support areas - 74.40 areas. For...
We seem to be breaking out of a bearflag here target at 21 dollars near the bottom of the trading range.
L&TFH will fall sharply in coming days... Targets on chart... #Rising wedge on daily chart
Hello Traders, here's an analysis of this pair. Red is sell zone, yellow is take profit, and blue is buy zone. Great risk to reward set up! Give this chart a like and comment if you'd like to see more ideas here on TradingView. Don't forget to hit the follow button to be notified of future published ideas.
It appears as though Canopy may have pulled a fake out to the downside on an ascending triangle I have outlined in dark blue. In my previous post I mentioned how the RSI has seen bullish support when approaching the green arrows pointing side ways to the right, where I had a question mark in my previous post is now a green arrow coinciding with the others....
After a retracement till the 0.5 fib level the market turn again down creating a bearish flag. If the market will manage to break the fist structure and consequently break the flag we can set a nice short order according with our strategy. Bear in mind that friday can be a tricky day. ––––– Follow the Shrimp! 🦐 Here is the Plancton0618 technical analysis ,...
impulsed down from 3 touch ascending, bear flag continuation to head lower. filtered o the 15M set order on the break of the mini ascending within the flag, just got triggered in so i'm live in this position. no no BS here lets see how it plays out
broke the daily double top then price retraced instead of heading for the outer structure, currently creating a bear flag to head lower looking for the 3rd touch of the flag before entering short. if we trickle to the 3rd touch of the flag then risk entry and if this trade commits ill be looking to hod it long term at leas t to the low of the pattern
Good evening traders, The DXY could be set for another leg lower to complete wave 3 on the greater degree before a larger retracement higher to form wave 4. The DXY is trading between a bear flag formation and has created an a-b-c corrective structure. A break below the bear flag will attract sellers into the market. Please share any related ideas, All...
Bear Flags are a Range pattern which is a 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...
Here we have a clear Head & Shoulders pattern at a Key Area. Price has broke out of the neckline and has now formed a Bear Flag. We have rejected further upside with another Head & Shoulders pattern visible on the LTF's. I now have enough confluences to take this short into 132.64 which is a key area where price previously broke out of in the form of a Large Bull...
Ok guys as you can see and know that I talked about a correction a lot ! you can guess what I want to say!. Every wave has a lot of waves inside! Lets check it. We have rsi convergence(bullish sign) which is really strong ! and we know that we were in descending for a while and it will do a pullback(Thats not hard to know) so with this one we will hit 9500 area...
If price formed a candle above the red line(break it) or rsi break the red line, it means bear flag rejected, but if you see a good respect of rsi and price to these lines, you can see another down trend, and also I have to say you can see cross under in ma's ... If you liked it, please hit the like button, share and write your comments and follow me, thanks for...
I'm writing this as a tutorial and a play by play of my trading, also as an analysis of how I traded this incorrectly. This morning, before the market opened, I saw a perfect bear flag on QQQ (I was using Nasdaq Futures to trade it). I just wanted to talk about the range of emotions when trading a pattern that clearly shows strong bullish price action, but since...