Trend - Bearish Indicator - 52 Week Low Chart - Weekly Strategy - With all the negative news and the technical's starting to show signs of a bear market this should be an easy trade. I believe this is also works well if the market takes a turn due to negative trade news recently in the news. Time Frame- Trade could last a year and build momentum if the economy...
On the daily we have a large hidden bearish divergence. A hidden bearish divergence of this length is rarely wrong. We have bounced completely off both the bearish trend line and closed below it, we have also fell back through FIB retracement line .382 which is a important line to break. We are seeing bearish signs in MACD in 4 hr and several different bearish...
First notice that the RSI on the daily is looking for what seems to be a double bottom. Oversold conditions last time shot us from 100s to 175 max, so be on the watch soon. Overall still in a downtrend (dotted line on RSI), but maybe a double bottom like this is a sign of a near-future trend reversal?! (Please comment with your thoughts on my analysis with...
SELL Zone Under 10350-10500 (Target 1 8300-8600 & Target 2 6300-6600). Main Target 7500
Hey guys, I except a retracement on short term (4H) BTC price. A regular bearish divergence and a HANGING MAN bearish candlestick reversal pattern makes me think of a retracement for next hours. Also, STOCHASTIC shows that BTC is overbought. What do you think about this ?
USDCAD - Short to 1.1940 1W Timeframe Week Trade #3 This week looking for a SELL opportunity only for this pair for a total target of 200 pips. Pivot Point @ 1.2178 was broken but fast approaching critical Resistance level @ 1.2240, believe a set-up for reversal is pending. Note that a break and hold ABOVE 1.2240 will be confirmation that bullish trend will...
EURUSD - Watch levels 4H to 1D/2D Current Consolidation phase near 1.1900 levels Firm break below 1.1860 possible signal to 1.1823, followed by 1.1780 Firm break above 1.1920 possible retest of 1.2000 R3 1.2000 R2 1.1965 R1 1.1920 S1 1.1860 S2 1.1820 S3 1.1785 * Personal analysis only. Please use your own rules and strategies prior to entering market. **...
Ngas on Friday prices dropped in a downtrend (a bearish bias) through trendline support near Fibo 0.618 level which is now seen as Resistance at 2.92. Support is seen near 2.86 Fibo 1 level As we can see on the 1hr Chart Momentum is bullish and technically I will be looking for a retest / pull back sell.!! Have a nice weekend
Timeframe: 4H Expecting uptrend due to Three Outside Up Bullish Reversal and Engulfing Bullish during last session. Corrective Fall expected. Resistance @ 1.6331, 1.6422, 1.6494 Support @ 1.6168, 1.6096, 1.6005 Choose Entry Point within rules/strategies accordance Previous session: H = 1.6361 L = 1.6174 O = 1.6305 C = 1.6237 Pivot Point = 1.6257 Personal...
Back in May of 2016 $MU was showing very positive signs that a rally was about to begin. Little did we know it would go from around $12 to a high of about almost $32.96 in a span of 14 months. Along the way, people kept asking, "Is it time to sell $MU?" Our answer was always the same - not yet...until now. What we are beginning to see in the chart of $MU signs...
Price action push back down around the 0.88550 (Blue Line) which bring my bias for a possible short. TP: 0.87700 SL: 0.88920 as i don't believe price action will go near the daily resistance level of 0.88810 Both fundamental and technical analysis.
H4 chart indicates a bearish trend. Currently there is a rebound from local resistance which is on level of previous high. If trend does not change, then price should go towards last low. In this context you can consider short position.
H4 chart indicates a bearish trend. Currently there is a rebound from local resistance which is on level of previous high. If trend does not change, then price should go towards last low. In this context you can consider short position.
Simple probability set up. Triangle downtrend started in 11/2016 and VNDA has only been through one full harmonic trend (wave) ever since. Second wave downward move imminent with RSI confirmation @ 35 and bearish $13 target. However, aggressive long entry for quick profit ($15 bullish target) especially with upcoming earnings. Upon $15 target, (expected RSI...
Nice 1:2 Risk reward ratio. Bearish inside range trend
Hello traders, we're looking at trend continuation trade setup on GBPJPY daily chart..Obviously we still in a bearish trend because the price move from top left to bottom right of your chart..Last week the price have broke below and closed below the previous structure support..This indicate the trend continuation to the down side..The orange box is the area...
Still on a heavy downtrend on higher time frames. Now looking to hop on the trend via this bearish bat pattern. Good luck and good trading. Felix