Bearish Pennant

Bitcoin sitting at triangle apex. Could break either way but looks like a bearish pennant to me which could take us below our weekly SMA200 before Christmas. We have hidden bearish divergence on the 3H MFI so this could break to the downside. TP targets set by using 138.2 and 161.8 fib extensions from the pole height and height of the pole itself taken from the ...

SC are Trying to make Bearish Pennant if Bearish Pennat Complete according to Forecast then we can see Continousaly Bearish Trend. Trade Carefully !! Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!

#Bitcoin found support at the base of the ascending channel to potentially form the right shoulder of that H&S. I mentioned in the previous post that we might not break channel support because there was hidden bullish divergence on the 4H so to watch the $3900 area for a possible rebound which happened at $3950, but price is now right at the apex of a large ...

I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. ...

It looks like a Bearish Pennant but there's a lot of resistance down there. Targeting a test of 38.2 on the down side and a retest of the highs on the upside

Good day Traders Here's my synopsis for the festive month ahead. Bitcoin found the resistance of a large descending channel, is currently testing bearish pennant support and printing a falling wedge on the 15 min for a rise to around $3980, before breaking market structure and dropping to $3500-$3600, where we should have strong trendline support (which had ...

YOYOYO, I'm back, busy as fuck as usual, but still following market and trading on the side. BCH doesn't look good : Low volumes Higher Lows/Lower High Price is squeezing In my opinion, this looks like a bearish pennant. I'm aiming at 0,0442, but wouldn't be surprise to see a SL hunt below 0,0438.

I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. ...

BTC/USD has been trading around 5400-5600 following that huge dip from 6300-5170ish. We are now consolidating in what I believe is a bearish continuation pattern in the form of a bearish pennant. I am seeing different variations of the same pattern (will post images below) and it looks like we could be seeing another retest of that 5100 area, if not lower to ...

QUICK SHORT POSITION ON M15 CHART

I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. ...

on kraken trading but levels are more clear on coinbase i will show both charts acct 1689 10 eth short at 199.7 will look to add on a push and rejection back up to bottom trend line close in channel or a open candle moving all the way back to top trend line will prob be stop also ( actively trading so not set stops) will look to take profit in green highlighted ...

BINANCE:ETHBTC is situated into a Bear Pennant which is bearish We have a very strong resistence Ichimoku Cloud) and also if you zoom a little bit this chart you can see a Bearflag into this Bear Pennant so the downtrend will confirmed Cboe futures will expire in 16-17 october which will result into BTC dump and altcoins will follow ETHBTC target is ~0.00275 btc ...

I'm neutral here.

Hi Guys, Going into Monday, I have look at this pair as a great way to start our week. GBPUSD - Bearish Pennant Stop Loss - 1.31 Take Profit 1 - 1.3051 Take Profit 2 - 1.30317 HAPPY TRADING

Bearish pennant. Neutral here. $ETHBTC looks promising but not touching this just yet.

Taking a look at the BTC charts today, Bulls and Bears seem kind of in equilibrium. The range is getting tighter and tighter. I don't think we will immediately break above 6.6k or below 6.2k. We mighty consolidate between this range for a while. This may seem like BTC has finally stabilized, but I rather think it's the calm before the storm. We're at the end of a ...

Dow index has reached 1.618 Fibo on B-D arm 9/14 when pattern is drawn from closing price tops of candle bodies. A previous idea of mine showed it from top of wicks. This is necromancy, folks. Somewhere in between lies reality. Expect to see that on Monday or perhaps Tuesday next week. Should arrive Thursday at the latest. Target zone for pivot is depicted in ...