Bearish Flag

GBP/JPY did not manage to reach the top, however the downtrend may have begun. We had a nice initial drop and now a further drop is confirmed by a bearish flag. We also have to note that the trendline has been broken. Trade safe traders.

GBP/AUD is in a 4H bearish flag, furthermore the upwards trendline has been pierced, further indicating the potential move down. For the last 3 weeks it was in a corrective structure, I believe now is the time it will begin to move down again.

Fundamentals / News / Sentiments: On Tuesday the RBA maintained the rates at 1.5%. This is seen as a mildly hawkish move. More economist have shifted their stance and abandoning their forecast of a rate cut. They are expecting the rates to remain at 1.5% for the rest of 2017 and well into 2018. The ECB, BOE and BOC has recently turned hawkish and started talk of ...

Bull run is over, volume is dwindling testing the 303 support line, each peak past $340 is lower and lower. Strong support on the 62% fib level ~230-240 if things go south. If we want to break upwards we need some news, otherwise I think the newly verified money on Coinbase/Gemini from the past few weeks is starting to dry up and the weekend will be bearish. We ...

For the past week GBP/USD has been consolidating in a bearish flag, it completed the correction we were expecting after the UK elections. It also formed a bearish flag (correction wave) which it has not broken out of, im expecting a small pullback to the upside before I enter a sell trade.

TVC:SILVER Potential bearish flag, PM me for exact entry and exit. Follow for more.

Possible long term short rally .looking at the long term investment picture which is the weekly time frame the pair has created a breaish flag pattern which is a (BEARISH TCP).on my opinion bears are in control till setup is invalidated,trade with care

The minimum target is the previous major low at 1665. The risk is above the peak within the Bear Flag at 3305.

We have a bearish flag pattern on the weekly time frame. I am looking for shorts around 1.05000 area if the price breaks the trend line. However, if the price fails to break the trend line, the pattern should still be valid on the next short after it makes a new higher high.

Enter the breakout direction with proper stops in EURUSD, after initial 35pips trail stops as per your trade plan Happy Trading :)

This is a good question LOL

e see lately the rally of the natura gass trying to change it's trend upwards. Some traders might disagree and they think that natural gass already change it's momentum. Yes i agree with them short-term but i stronly believe mid-term momentum isn't change yet and they should be cautious.. There is a possibility to witness a bearish flag pattern and nothing more ...

Beginning wave 5 to the downside, support comes in around 22.5, C Wave of flag beginning.

June New Zealand dollar has created a mini head and shoulders, plus a bearish flag. USD was up sharply today. Looking for more gain on USD and possible fall of the NZD. Next downside target is 78.6 FIB, .6914. This would start to fill out the last bit of the Bearish BAT pattern.

July Wheat created a bearish flag today. Next downside target is 428 which would make a bullish Bat. If it goes through that and continues further we would be entering a bullish butterfly.

I see that the pair reacted to the resistance zone at around 1.2570/85 Pattern Identification There is no Harmonic Pattern forming this moment. However there could be a classical bearish flag pattern to indicate a continuation pattern down lower. Trade execution Possible to take a short as the price retraces higher. Potentially at the top of the flag.

May Wheat is forming a bearish flag. Could fall into Cypher extension heading for a double bottom. Looking for confirmation of a start near centre of the flag downwards and continues downwards. RSI still trending downwards

The EURAUD appears to have closed below channel support that extends from the February low. However, the 1.3900 support area isn't far below Friday's close. I booked profit on my EURAUD short at 1.3907 last week for +190 pips. Depending on how Monday opens I'll be interested in shorting the cross again for a potential move back to the 1.3670 region.