Price is at an important area in structure, price could either sell off or go back up. On LTF, there's a possibility that price can form a descending channel which could push price back up but its uncertain because price is forming an ascending channel on the LTF while retesting structure so price can possibly sell off to support. From HTF price possibly is...
Be sure to be on the lookout this bearish movement formed in the channel and take opportunities in it. More setups will be uploaded.
On the daily chart the price began its decline after it touched the daily key level. The price has pulled back to the 50% fib level and has formed a bearish flag on the 4h chart. I will take another short right here. Good luck !
This is not investment advice but is intended for educational purposes. Just a study of chart patterns. Chart patterns for educational purposes: EMA 9 EMA 50 EMA 150 YTD AND DAILY Study: Pendants and Bull and Bear Flags; Breakouts; Stage Analysis; Volume Ethereum looks to be in stage 2 uptrend comments welcomed
Hey everyone A look at the S&P 500 that is currently trading is a bear flag looking for a break below of the structure, the index rallied up with the bull and was bound to correct this move to complete that big gartley pattern so previous swing lows will be our targets and guided by the fibonacci levels a break above of structure will change the whole trading...
HEY EVERYONE Here's a look at the DOLLAR / CAD that is currently trading in a bear flag on the 4H chart will be looking forwad to the continuation of this move as it is still premature to trade against that sharp fall, will be looking for a break below of the flag strucutre or a push up then continuation with the bears. a lot will go into executing the trade so...
Hello my friends, I hoped you all are doing well with your trading. I myself am having a bad week as some positions hit stop loss. This week alone i got 4 positions hit stop loss and got 8% loss banked. Each trade was using 2% risk so in total it was 8%. Well thats not a problem because everybody will have a bad week or months in trading. Nothing to be a shamed...
In Daily, Euro it's still steay and we could to reach in short-term the $1.20 USD Euro in H4 timeframe was broke up the resistance Daily mark in yellow and then, we could see a continuation o their trend, but beware we would to prove any confirmation on bought around of $1.1864 USD, that could be a good price entry for long position in EUR/USD. Another factor...
Biocon has bearish pennant at 2 hr TF ,but its taking support at 407.25, Better to short below 396... Targets on chart
ETC is ETH fork since 2016, which has never been able to fix in the top division of the crypto world. Throughout its history, the ETC team has conducted a number of hard forks to improve network performance. And also underwent several 51% network attacks. There were also rumors that the team left the project to the mercy of fate. In principle, this is all that...
Hello my friends, There is another setup i just found which is EURCAD pairs. Before i start, if you find this post useful, please give me a like and follow me for my next update. Price currently moving inside a downward channel and price was rejected at upper line touch. There is also horizontal support which has been broken and I am now preparing to sell this...
Here we see a head and shoulders appearing inside of a bear flag that we established since Oct. 27th. We are in for a long week ahead, cash is the best place to be.
Right now, we see a currently short position that NEO is leading toward the $12.30 USD, that is my exact target profit in NEO. In H1 we se in this bearish flag and NEO came from the bearish trend before that appear the formation of this bearish flag. so we see a good shorting position in NEO. Also, in H4 we see another confirmation and validation extra that NEO...
XAUUSD, Gold, recently tested its support zone on the 1D timeframe. It seems to have been rejected by rejected though. 1D Analysis The Friday candle closed as a bullish candle after testing the support zone with the previous days candle. The pair can be seen inside a descending parallel channel, bullish flag. Within that bullish flag the pair was also within a...
After almost two month period of consolidations, CL1! is breaking down from bear flag, indicating high probability of significant decline (10-20%) to 30$ level ahead. But what is more important I think, breakdown in crude oil acts as another hint of what to expect from risky assets going forward, and clear warning sign that more downside in equities should be expected.
I expect AUDCHF to fake out from this Bear Flag to a price around 0.64300, where I will place my short entry, I will be taking my profit around 0.64000. Good luck with this trade! Cheers, Tibor
Price has formed a bearish flag. Please hit Like & Follow to support more analysis. You can also comment to share your bias.