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.
Price found support off of the Head and Shoulders Break Target 35% level, producing a bounce back-test into the Bear Flag construct. Resistance is found with three wicks at the .214-.35 channel's Golden Pocket .618. A small frame iH&S broke bull overnight. Bears in control until a short frame bull pattern sees a break and extension move.
Hi everyone, Thank you for considering reading my idea. After the recent dump, it looks like we are consolidating at 38-39K and we are forming this bear flag or maybe a broadening wedge. We may pump up to 39.5k if we get supported on the bottom line of the flag. If we broke down off it, there are 3 targets: 1.) 38.5K 2.) 36.6K 3.) 34.8K If we are conservative...
Bitcoin is testing the Supply zone. The supply zone is where all the sellers are located, and it's represented a 4h resistance. The price is in the compression phase, the market created the higher low and a lower high inside a bear flag. A bullish scenario could happen if the price is going to have a breakout from 45k resistance with volume and...
AUDUSD Is approaching the floor of the Ascending Channel after completing 5 impulse bullish waves after the 5 waves price tends to have a mayor decline in price in conjunction with a bear flag the odds for a potential breakdown to the downside is imminent, will execute the trade after a clean breakdown of the floor of the ascending channel following with a...
Kahoot! - Short Term - We look to Sell at 48.75 (stop at 54.80) Prices are extending lower from the bearish flag/pennant formation. Continued downward momentum from 54.45 resulted in the pair posting net daily losses yesterday. The medium term bias remains bearish. The continuation lower in prices through support has been impressive with strong momentum and...
Home Depot broke down out of a bear flag formation Friday, and now the path of least resistance is DOWN. However, I am speculating on a short term bounce here as HD approaches a good support zone. Plan is to play weekly calls then look for another short opportunity at $383 zone.
Friday went short via JAN 28 and FEB puts on Dick's Sporting Goods. Short Term resistance $117 held and closing below 100, 50 and 21 EMA's on daily , I'm speculating a move in the near term back to 101/100 zone. Stop set at a close above $117.
Hey traders, in this week we are monitoring GBPCAD for a selling confirmation around 1.71 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Broken my trendline forming a bearish flag,and came back to rejection zone which shows multiple rejections,which indicates a strong rejection zone,and last cadlestick shows a strong bearish momentum to the downside ,im strong hoping it drops
Set a 43.8K Lower High, entering an Equilibrium under the neckline of the Weekly H&S. Bit of Bear Flag look on the Daily.
I think Bitcoin is waiting for Futures to pick a direction Possible Bearflag on hourly watch for capitulation if we break below 40K
Hello everyone! With a sharp drop, price stopped at strong support ($ 3600). Scenario 1 on bullish rises: Make a quick comeback with a bear flag top test or create a short term double bottom on strong support ($ 3600) The surest entry is with test the bearish flag from top. Close to the price ($ 3900) Scenario 2 for bearish rides: Testing a bear flag from below...
Hello everyone! With a sharp drop, price stopped at strong support ($ 3600). Scenario 1 on bullish rises: Make a quick comeback with a bear flag top test or create a short term double bottom on strong support ($ 3600) The surest entry is with test the bearish flag from top. Close to the price ($ 3900) Scenario 2 for bearish rides: Testing a bear flag from below...
Hi everyone, Thank you for considering reading my idea. Both symmetric triangle and bear flag target is at 46K. Like this idea and follow me for more analysis like this. TAYOR. Cheers, Juvs