Bearish Pennant

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team_USA team_USA PRO BTCUSD, 60, Short ,
BTCUSD: Bitcoin bear pennant - target level ~$8800
575 0 2
BTCUSD, 60 Short
Bitcoin bear pennant - target level ~$8800

BTC/USD is forming a bearish continuation pennant currently. should reach the target / support level as labeled on the chart. it may see a larger correction from there which is long overdue, but at this point I've no idea.

Analwhore Analwhore PRO BTCUSD, 240,
BTCUSD: BTCUSD: Bear Pennant Continuation
301 0 5
BTCUSD, 240
BTCUSD: Bear Pennant Continuation

Hello Fellow Traders, What we are looking at right now is a bearish continuation pattern. That being said the 4127 region is a very very important place to watch. It is do or die for BTCUSD. If the bears win we will see 3000-2900. If the bulls win we will see 4500s and we will take a look at where we are going after that. Happy Trading

profghibli profghibli PRO ETHUSD, 60,
ETHUSD: Bear flag/pennant
696 6 9
ETHUSD, 60
Bear flag/pennant

If you click "share" - "make it mine" then you will be able to set up alarms on those lines as I described for yourself. In case of a proper break out, the conservative target is indicated by green line and actual target is indicated by orange line. However, we can stop going down at any of the major supports that are indicated in my previous idea (linked ...

cguthrie922 cguthrie922 PRO FB, D, Short ,
FB: Even more bad indicators for FB
60 0 3
FB, D Short
Even more bad indicators for FB

Historically when FB reaches this vortex negative level, the stock drops an average of 6.71%. FB is currently in a bearish pennant and due to break out up or down. Based on historics, the pennant, and potential support levels, it looks like a drop to 108.23 is highly likely over the next few weeks. I am slightly skeptical of the pennant break within the next few ...

AndriyMoraru AndriyMoraru PRO XAUUSD, D, Short ,
XAUUSD: Bearish Pennant on XAU/USD @ D1
162 0 7
XAUUSD, D Short
Bearish Pennant on XAU/USD @ D1

The bearish pennant on the daily chart of XAU/USD offers a downside breakout opportunity. The pennant's borders and its pole are marked with the yellow lines. My potential entry point is at the cyan line. My potential take-profit level is at the green line. I will set the stop-loss order to the high of the breakout bar (not shown).

ramonp4 ramonp4 NZDUSD, 60, Short ,
NZDUSD: Bearish Pennant
58 0 2
NZDUSD, 60 Short
Bearish Pennant

Bearish pennant to precious structure on daily chart

SmartForex SmartForex PRO EURGBP, D, Short ,
EURGBP: EURGBP - Pennant
51 0 1
EURGBP, D Short
EURGBP - Pennant

Pair has just put a Bearish Pennant on a daily chart. Price is expected to retest previous support line before keeping bearish towards 0.86758 (area of previous resistance looking left). We will be looking for bearish entry reasons once price reaches 0.88695.

ChrisMark ChrisMark GBPJPY, D, Short ,
GBPJPY: GBPJPY Daily Chart.Bearish Pennant.
215 2 17
GBPJPY, D Short
GBPJPY Daily Chart.Bearish Pennant.

Price consolidating in the triangle waiting for a a down move break..

tonz_of_gunz tonz_of_gunz USDJPY, 60, Short ,
USDJPY: USDJPY BEARISH PENNANT ON H1
375 0 24
USDJPY, 60 Short
USDJPY BEARISH PENNANT ON H1

Looking to sell this pair after it formed a beairsh pennant on h1 with 100 and 99 as my main profit targets.

tonz_of_gunz tonz_of_gunz USDCAD, 120, Short ,
USDCAD: USDCAD BEARISH PENNANT ON H2
336 0 17
USDCAD, 120 Short
USDCAD BEARISH PENNANT ON H2

USDCAD forming a bearish pennant which could give us a good opportunity for a short trade .

tonz_of_gunz tonz_of_gunz GBPNZD, 60, Short ,
GBPNZD: GBPNZD BEARISH PENNANT ON H1
321 4 18
GBPNZD, 60 Short
GBPNZD BEARISH PENNANT ON H1

GBPNZD developed a nice bearish pennant on h1, waiting for going short on this pair after a clear breakout.

tonz_of_gunz tonz_of_gunz NGAS, 240,
NGAS: NGAS SHORT TERM ANALYSIS
287 1 16
NGAS, 240
NGAS SHORT TERM ANALYSIS

My analysis on this instrument on what i think its gonna do in the next weeks.

tonz_of_gunz tonz_of_gunz USDCAD, D, Short ,
USDCAD: USDCAD BEARISH PENNANT ON DAILY
858 8 39
USDCAD, D Short
USDCAD BEARISH PENNANT ON DAILY

USDCAD developed a bearish pennant on daily which is a continuation pattern and after last days failure to make a new high we could see the start of a big move down.

Abraham Abraham EURAUD, 60, Short ,
EURAUD:  Do not lose this opportunity
30 0 0
EURAUD, 60 Short
Do not lose this opportunity

Here you have your last chance in this trade to make some profits.

tonz_of_gunz tonz_of_gunz EURCAD, 60, Short ,
EURCAD: EURCAD BEARISH PENNANT ON H1
114 2 14
EURCAD, 60 Short
EURCAD BEARISH PENNANT ON H1

EURCAD is in a bearish pennant on h1 so i am looking for a break on the downside to enter a short position.

PatternSniper PatternSniper PRO USDNOK, D,
USDNOK: Bearish Pennant in USD NOK ?
22 0 0
USDNOK, D
Bearish Pennant in USD NOK ?

We need to see the break to confirm this pattern.

moneymaking moneymaking EURUSD, 240, Short ,
EURUSD: EURUSD: BEARISH PENNANT FORMATION ON 4 HR !!!
527 15 12
EURUSD, 240 Short
EURUSD: BEARISH PENNANT FORMATION ON 4 HR !!!

Hello Traders, Here we have a VALID BEARISH PENNANT formed on FX:EURUSD. This type of pattern is usually formed after a strong selloff, where after the strong bearish move, some sellers are taking profits while others are joining with the downside move. This eventually leads to a consolidation that is presented in the form of a BEARISH PENNANT. Do keep in mind ...

DeftFX DeftFX PRO AUDCAD, 240, Short ,
AUDCAD: AUDCAD: Bearish pennant forming on 4h chart
98 0 1
AUDCAD, 240 Short
AUDCAD: Bearish pennant forming on 4h chart

After a sharp drop/ downtrend of AUDCAD a bearish pennant has formed on 4h chart. The price is consolidating before I believe it will breakout on Monday morning and test the daily resistance from December at about 0.94. I believe this will be broken and price to continue the weekly/ monthly downtrend that is forming and looking at the current forecast for the ...

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