Entry parameter ; 1. Supply zone 2. Resistance trendline 3. Setup fakeout 4. Bearish flag pattern Entry Sell = 12500 SL = 12700 TP1 = 11800 TP2 = 11150 RR1 = 1 : 3.5 RR2 = 1 : 6.75
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. In my previous BTC update, I clearly told you that BTC is not looking good so be cautious. Hope you guys listened and save your money in this dump. Now let's get to the chart. BTC is forming a bear flag-like structure in the daily time frame and...
A significant bearish breakdown of the parallel channel/bear flag has begun. The triple bearish divergence and decreasing volume is now playing out. As usual, we need patience to see what the follow through price action looks like. Will we see a backtest of the channel as resistance or do we break back into the channel and continue the short term uptrend? I think...
The total evaluation for BTC chart is bearish. Please be mindful of your risk management as we are, despite the momentum of the bearflag or rising wedge, is still magnanimously bearish overall. This corresponds very well with my NASDAQ chart that you can see in my profile. I am thinking that even if we push up for one last market maker fake out, 26,200$ is the...
Invert the chart and you will see a bull flag, with target of 14900 USDT!
This formation has been forming for months now and seems to have come to it's end. In using the Fibs compared to the flagpole extrapolation it can be said to be confirmed this formation is an actual bearflag.
It isn't following a perfect trend line but the volume during this channel (read bear flag) has been decreasing. More bearish signals coming from BTC.
We see clear class A triple bearish divergence has formed on the BTC daily chart. This is an indication of a likely bearish reversal of the short term uptrend BTC has been experiencing. Recently, BTC has been holding the heartland of the bear flag channel that it has been in since June 16th. The recent upward price movement did not reach the top of the channel and...
Simple level to level analysis I found some weakness in BTC here BTC "break of structure" in miner time frame and bearish flag is appear in daily chart So, because of all these references I prefer to open my short trade here Entry 24196 Stop 25000 Take 22636 I hope you will enjoy my thoughts
Hello,Traders! EUR-CHF is trading in a downtrend And the pair broke out of the bearish flag Then went down and is now about to retest The broken support line, after that I think the price will go down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Bear market isn’t over but it went up to correction. Bear flag still formed and corrected from the big drop from the inflation, Russian-Ukraine war.. further than that, we should be seeing more coming drop for nice good legs up. Recession had started a week ago but yet now the U.S. economy will be facing the biggest recession yet.. the question was “aren’t we...
#BTC/USDT short-term analysis. $BTC is inside a symmetrical triangle between 0.5 and 0.386 fib levels of the last swing high. 🐻 bearish flag can drop price to break out from lower line toward 0.5 fib level at $22700. 🐮 the upper line of flag is the same with descending resistance zone, that makes this zone strong. BTW if price breaks out from this zone price...
Hibernating is a good thing to do for some species. Some store food and save energy. Some avoid unfavorable climate conditions and some do it to metamorphosize into butterflies/moths or whatever. We have definitely been storing food and eating good at team Squeeezy Trades. So what has happened since our "Beast Loading up" idea? - A drop to $83.4 on 090222 to...
Bearish Flag Pattern! FX:EURUSD Hello! It seems like EUR/USD gonna continue the bear run! Take entry at the flag breakout! Application of Trend Analysis! Application of Fibonacci Retracement! Application of Chat Pattern! Best of Luck!
The Japanese Yen has begun to gain some strength against many of the Major Pairs and looks to be forming a Bear Flag on the daily that could take us down to the 800 Day EMA in time. On another note about the JPY strength, there is another much older JPY Strength play that i am still participating in, in the form of GBPJPY that can be seen below:
Hi guys Everything is clear I think it's a bearish flag and Bear Flag is a continuing pattern continuing pattern mean another flag down from here to about 10 k all the things that I need I mentioned in picture let's see the bazaar what do with us Do your own research and never believe in anyone ideas that says I'm right because you do right not anyone else we are...
Hello Traders this is my analysis on AUDUSD The Pair is currently at a trendline resistance on a 4H time frame its also creating a bearish flag pennant on 4 hours timeframe for confirmation, The RSI and CCI are both overbought So I am expecting a bearish movement on AUDUSD whats your thought trade with care and proper risk management