The price is creating another bear flag above the weekly support. After the rejection from the supply zone, the price had a breakout from the weekly support, and not the market is testing the 35k weekly support below the daily resistance. We could see a pullback until 0.382 - 0.5 Fibonacci level before a new leg down. How to approach? IF the price is going to...
Looks like a rising wedge has been building up on Bitcoin's way to take out the downtrend resistance. If volume doesn't come in, rejection will drop Bitcoin to lower levels.
EURUSD on the daily chart has reached as expected the weekly support ar the 1.11500 level. The price as predicted on our previous idea after the break of the channel and the test of the 0.618 moved with a bearish impulse to the weekly support. Being the end of the month we can expect 2 possible scenarios: - If the price will bounce over the weekly chart and...
Last 2 weeks have been bearish through APPL and TSLA earnings. Attention now turns to Amazon earnings (feb2) as they teeter on oversold RSI and below 2yr support. Not regaining this support from bad earnings will likely see this S&P bearish flag breakout to the downside. Canadians wielding pitchforks and torches, Russia and nato saber rattling and China...
Looking to commandeer this level as support, the .214 is now the Daily point of control. With two break-outs of the short-frame compression patterns, the upper wick has set a Lower High. The Larger Bear Flag continues to be in play as the daily ranges are shrinking.
This a berish flag on the 1 hour chart, even tho I'm bullish because of the divergence on the 4hr chart
Hello Everyone Btc Has created bearish flag on 4h chart struggling to stay above 35k but i think we got a fall toward 32k & lower . sell pressure if high - Capital outflow is high - volume is low - fear is very high all this cause a bloody fall in short-term NOT A COMMERCIAL ADVICE BE CAREFUL ABOUT YOUR POSITION ALWAYS CONSIDER SL IN YOUR TRADES
Key spot for the Bulls to break up over the .214, and back-test the level, claiming it as support. For the Bear, the flag is in play, watching the lower bound.
Look for a Break above $16 and a candle that holds above $16.50 to confirm break out during this bear flas scenario. Possible further retest of support at previous low of $13-$13.75ish at beginning bearflag formation
Hello, Today a quick signal for SHORT XRP. (in line with my latest long-term analysis) The cryptocurrency entered a downtrend on a mid-term hill after rebounding from a double bottom. He is headed back to the shopping zone to test it again. I plan to break this line and reach the lows of July 20. Entering after testing the bearish flag, which is a bookish move...
In 4H Timeframe forming a Bearish Flag, this may send BTC below $30K area.
GBPJPY was falling with good tension till we see now its upcoming has been kinda stopped 😕 I see Bearishflag... well we have to wait for it to obey The take a shot
BTC does look like its forming a bearflag. Could potentially hit the big resistance at ~40k$ before breaking out of this channel to the downside. Pricetarget of this bearflag is at ~28,1k$ which would automatically mean we hit also the golden ratio. This would be the best target to reach to be able to reverse the market and continue with the bull market. To the...
Formed head and shoulders within bear flag. Levels marked. watch possible bounce around gold line for a retest of breakout (if it does). if that doesnt hold we can see it hit levels marked. Puts may be the way to go here. Lets see what happens!
Bitcoin make a bullish divergence in the RSI and price action and we have a 10% up of the price. But, I don' master the divergences, it's another theme that I interesting to learn more and practice identify and becoming a master of divergences. But, right now, Bitcoin forming this bearish flag and I look a bearish hammer, and that it's when the price reach a...
Equities and BTC found their short-term relief rallies. BTC has a broadening range beginning to shape-up.
Key Spot - watching for a reaction at the lower Bear Flag Boundary after the break. A Lower Low, on the 4h would have the Pattern Break .382 below in play.
It might be too early to share the potential Bearish Shark Pattern that is currently in my data, but here you go. If you are looking for some combo, to jump in on the Bearish Flag Pattern on the Daily Chart or to be adventurous on the Bullish Butterfly on the 4-hourly chart, this is probably one of the better setup that give give you a ride downtown.