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Bearish Patterns

Bitcoin Trendline Breakdown: The Pullback Trap Before Further DoBitcoin has officially broken its ascending trendline on the daily chart — a strong technical signal that the bullish momentum is weakening. Yesterday’s sharp pump was nothing more than a classic pullback to retest the broken trendline, and price is now showing signs of rejecting it. From a price action perspective, this setup often acts as a trap for late buyers, with the market typically retracing the entire pullback move. 🔑 Key Points: • Daily ascending trendline has been broken. • Yesterday’s rally = pullback retest of the broken structure. • Market likely to erase yesterday’s gains and resume downward momentum. 📊 Key Levels to Watch: • Support 1: $112,000 • Support 2: $108,000 • Invalidation: A daily close back above yesterday’s high (~$117,000). 🎯 Trading Strategy: • Wait for confirmation on lower timeframes (1H/4H) such as a CHoCH (Change of Character) or BOS (Break of Structure). • Short entries become favorable if price fails to reclaim $117k. • Initial targets: $112k → $108k. • Keep stops above the recent swing high to control risk. ⚡ Summary: The break + retest of the ascending trendline is a bearish sign. As long as BTC trades below the retest zone, the path of least resistance is down. Traders should stay patient, wait for proper entry signals, and avoid being trapped by the pullback. ⸻
Short
by CryptoPilot
AUD/CAD BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! AUD-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.890 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the AUD/CAD pair. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
AUD/CHF BEST PLACE TO SELL FROM|SHORT Hello, Friends! AUD/CHF is making a bullish rebound on the 1D TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.517 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
GBP/CAD BEST PLACE TO SELL FROM|SHORT Hello, Friends! We are going short on the GBP/CAD with the target of 1.843 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
Bitcoin going back homeMy analysis indicates that there is a high chance that Bitcoin starts a major correction right now. This is not financial advice; do your own research. Price should plummet ~30% in the next 6 weeks. This idea can be totally wrong, and the upside move can continue, but the probability makes it worth it for me to take the risk, so I'm going short. What do you think will happen in the next 6 weeks? A. We will see a new ATH. B. Nothing will happen; the price will go sideways. C. The price will break down the 100k support. Let me know in the comments.
Short
by piccard54
AUD/CAD SENDS CLEAR BEARISH SIGNALS|SHORT Hello, Friends! Bearish trend on AUD/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 0.892. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
2
EUR/AUD BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! Previous week’s green candle means that for us the EUR/AUD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.796. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
EUR/CAD BEST PLACE TO SELL FROM|SHORT Hello, Friends! EUR-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.610 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/CAD pair. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
AUDCHF - Already Overbought!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈AUDCHF has been overall bullish trading within the rising channel marked in red and it is currently retesting the upper bound of the channel acting as an over-bought zone. Moreover, the blue zone is a strong weekly resistance. 📚 As per my trading style: As #AUDCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
10
EURUSD - One More Bearish Impulse Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈EURUSD has been overall bearish trading within the falling broadening wedge pattern marked in red and it is currently retesting the upper bound of the channel acting as a non-horizontal resistance. Moreover, the blue zone is a strong supply. 📚 As per my trading style: As #EURUSD retests the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
18
AUDJPY - One More Bearish Impulse Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈AUDJPY has been overall bearish trading within the falling broadening wedge pattern marked in red and it is currently retesting the upper bound of the channel acting as a non-horizontal resistance. Moreover, the green zone is a strong supply. 📚 As per my trading style: As #AUDJPY retests the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
5
USD/CAD BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! USD/CAD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.371 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
USD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT Hello, Friends! USD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.804 area. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1