Bearish Flag

matthidore

Retest completed GO SHORT 0.9028

hayatohito

Hello my friend, There is a nice trade setup in CADJPY which could give us a worthy RR. I notice a bearish flag on the daily timeframe of CADJPY. Price already broken below the support as well. Right now price retrace up to 61.8 fibonacci level and this is actually a nice area to try selling it. I am going to play patiently on this pair and waiting for price to...

Tradingstrategyguides

A Bear Flag is a Range pattern which is a repeatable trading chart pattern. Bear Flag Range 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...

Aperna

GBP has been one of the weakest currencies for some time now and it's easy to see that from this chart The FX market has been quiet for the majority of the week and it looks like GBP tried to regain some ground albeit slowly It could continue to gain but the overall bearish channel is what I'm focused on. I'm watching for bearish setups on GBP pairs but waiting to...

AdegbesanAyomideMega

LOOKING AT A SELL . NOW MARKET JUST BROKE OUT OF THE STRUCTURE ( BEAR FLAG) , LOOKING TO SEE MORE DOWNWARD MOVEMENT

Bearish-Bulls

$AAPL $SPY $QQQ $NQ_F -- $HSI_F The hang seng futures daily chart is still extremely bearish. It recently restested the neckline of a previously broken down H&S and rejected hard. As you can see from the chart its also in a clear bear flag that is likely to break down very soon

thomas893

The cable formed a nice double top around 1 month ago resuming the downwards trend. Since mid May it has been trading in this upwards channel but it is now reaching the 0.618 fib level and a key support/resistance which could see it form a nice bearish flag pattern. I know that most traders are long on GBP at current so this is a controversial idea. Hopefully with...

botje11

Nasdaq seems to be in the making of a double top pattern. But it is very important that the bear flag on the right plays out. Otherwise, the double bottom pattern gets too big if the neckline does not break within a day or 2. We had quite rally already the past weeks, so we should see a correction happen soon or a continuation of the bear trend. If the double top...

botje11

In the previous analysis i described 3 scenario's, which covered almost every possibility from that point on, but still the market chose the road that did was different than these three ;). Anyway, we had that higher low with the small bounce up to 3400ish again, but after the bulls lost momentum i gave a small warning about testing the lows again. So the first...

botje11

The targets of the previous analysis have been "reached", but the movement is probably still not over yet. Even though we have dropped quite a bit already since the 4250 high of the weekend. There is simply just no panic selling or any high volume to be seen yet. Only at the break of the 3800 support (where price had found some support several times) caused some...

Influencr

Have fund with the breakout when it happens.

JAYVFX18

Bearish Flag breakout, wait for a retest of the 61.8% where some liquidity stands, hopefully see a pull back to previous lows

BenFxLDN

Already in a sell on this position with all the risk off the table.. waiting for a break of the corrective pattern to the downside and will then look to get short again

PULEMokhothu

Good Day Everyone An update on NASDAQ which pushed up to test resistance level 11063.0 forming a double top at this structure now pushing down rejected at 61.8 Fibonacci level, looking for continuation with the bears as we are currently trading in a bear flag which could be signalling continuation to the down side with the bears lets see how it goes... Good...

harisonhbn9718

In this technical analysis as in EUR/USD, we see the same situation that EUR/GBP is going to put short position. We are here in weekly in the supply and demand strategy. Also to recall you, this par could show a possible weakness of Euro, because Euro show in weekly timeframe a possible grant drop in the...

BenFxLDN

sell on the break and close below

traderman-ny

There is a clear bearish flag on EURUSD. We will look for short entry after the breakout of the flag and retest the channel. - Just an idea of a beginner, please trade on your own risk. - What do you think? Do you agree or disagree? Comment down below.

chartreader_pro

As described on the chart