DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
ISHARES MSCI EMERGING INDEX FUND, GENERAL ELECTRIC COMPANY, SPDR S&P 500, PACIFIC GAS & ELECTRIC CO., ADVANCED MICRO DEVICES, INC., SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Illustrated in white, orange and pink
If you check back my analysis, i've projected GOLD to drop toward the 1130s since it broke a weekly trendline a few months ago.
In a longer term, gold has been falling quite fast.
It wasn't up until a couple of weeks ago, when the USD took a hit because of tariff sanctions and a few other fundamentals, ...
We can see EU making a bearish flag.
Price respected a resistance level and formed a bearish engulfing candle after the bounce off of the resistance.
Wait for next candle to clse bellow the flag to trade the breakout.
Best of luck!
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Dear Friends! :)
Who would have thought, that D4rkEnergY could get sick? I flew back to Seoul 4 days ago. Got 5 hours of sleep on the plane. Installed in my apartment. When I arrived at our office I was quickly briefed that we had a big event for clients, sponsors, ICO's in a big venue. I was told to prepare a speech and make a Live TA-show on Bitcoin for +500 ...
USD/JPY Short Basis:
-Failed to break 113.4 Resistance 4 times
-Bear Flag Formation
-RSI approaching overbought territory
-Elliot Impulse Wave 1-5 Completed
-Buy volume decreasing
USD/JPY Long Basis:
-Go long if and only if upper resistance 113.4 is broken
*Trade at your own risk*
A bearish flag has formed and we are waiting for the ruptura for a major Price fall
Check the chart and comment below!
Things are looking fairly bearish aside from the bear fakeout from the flag. The fakeout only brought us back inside the bearflag though making it still very much in play. Probability still favors a breakdown and it will likely take a rare inverted bart to nullify the bearish momentum and send us upward. One slightly bullish thing at the moment is the green dotted ...
H1 - Price is moving inside a bearish flag pattern.
If the price breaks and holds below the bottom of this pattern, We may then start looking for sells with more bearish evidences.
H4 - If we get this sell setup triggered then the first important level on the way down to pay attention to is the zone between 85.541 – 85.435.
Invalidation: If the price moves ...
Finally some action!
So, Bitcoin decided to break out of its bearflag and retest the lower trendline of the triangle.
The volume was pretty heavy on this drop with good follow through, indicating more downside.
The RSI on the 4 hour is really oversold right now, so I don't think we will break support immediately.
We will most likely see some kind of ...
H4 - Bearish Convergence. Currently it looks like a correction is happening.
H1 - Price is moving inside a bearish flag pattern.
If the price breaks and holds below the bottom of this pattern, we may then start looking for sells with bearish evidences.
Invalidation: If the price breaks and holds above the top of this bearish flag pattern then this setup will ...
Discover another Bearish Bat Pattern within the flag pattern on M15, so what will you do by having that information?
What's your trade plan?
Today is NFP day, kind of tricky to engage any trade, if the trade is setup before 4pm(+8GMT) on this H1 chart, I will still engaged the trade.
Either I will be engaging the trade after NFP by using bearish flag setup
before NFP based on bear flag setup, which I prefer to short at the tip of the yellow box.
Reasons to short
1. Clear downtrend
2. Symmetrical triangle that broke down decisively
3. Current consolidation forming a bearish flag
4. Risk reward is pretty good
Jumping off yesterdays chart. We were watching for consolidation. I was hoping the bulls would hold $6337 and they fell to $6320. Ideal scenario for bulls for this to have been healthy consolidation to me, was to see $6400-6500 range. Bulls fought for a while around $6400 but ultimately caved. They are currently back and battling the $6400 area. In order for the ...
ETH is setting itself up for a massive bearflag on the Daily chart, which I'm sure won't bode well for the rest of the market. Even though LTFs are looking bullish, the HTF charts are sending us a warning sign that we may have a little more upside but the downside could be a test of lows of a break down into the abyss. A very common FIB extension for continuation ...
We just had a short squeeze up to $6740 but I don't buy it (MA100 acting as strong resistance on the daily and overbought conditions in the short term). Don't FOMO into the bull trap, I expect the 4 hr candle to close back below $6600.
Following on from my previous chart, Bitcoin has formed a bearish flag pattern and there is also bearish divergence on the 4hr ...
First Bear Flag broke below the channel...still valid, shows ~4.5-4.9k the bottom of the pole.
Second Bearflag being created, if the channel breaks, BTC is going to $5,387.3
Best of luck.
Bitcoin is further consolidating in a tight range today.
The immediate pattern it draws is a bull pennant, but the entire structure can also be seen as a another bear flag.
A daily close above the bull pennant structure would be considered bullish, a daily close below 6.4k would be considered bearish.
The red rectangles are areas of major resistance. I assume that ...
Im entering short from 6400-6550 area