• TSLA crashed yesterday, and it seems it wants to resume the bear trend, making the previous rally a bull trap;
• Today, TSLA is trying to lose the 21 ema in the 1h chart (pre market), and if that’s the case, we can expect more drop ahead;
• What’s more, if it loses the 21 ema in the 1h chart, it’ll lose yesterday’s low at the same time, triggering a Dark Cloud...
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⚡️⚡️ DAR/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (5.0X)
Entry Orders:
1) 0.2009 - 100.0%
Take-Profit Orders:
1) 0.2089 - 65.0%
2) 0.2117 - 25.0%
3)...
Hello 3700. We've been hanging out in this area for about a month now it feels like. And based on what I said yesterday, looks like the market needs more time to decide which way to go. So let's think about some things. We are technically still in a bear market and this also has the feel of a bear rally. Why? The day the CPI report came out, we gapped lower and...
AUDJPY - looking at downside targets of 91.000-90.000 then 89.500. As each target is met we go back to the drawing board for management and to anticipate whether or not next target is still valid. We have also touched on potential interim upside targets on time frames H1 and below before seeking entry to downside. A break below the H4 channel entries will be based...
Not Much in the way of indicators except your RSI is slightly overbought and that's about it but in General this Price Action is pretty Bearish and you'd expect a decent move down from here.
Hello traders and investors! Let’s see how AMD is doing today!
First, it did trigger the Bearish Flag we mentioned in our last analysis, and it seems it is just heading to the $ 105 (previous gap). The link to my previous analysis is below this post.
The trend is clearly bearish, and there’s not a single bullish sign around, and this is the only thing that...
UPS has a Textbook: Dark Cloud Cover; Visible on the Monthly Timeframe after a Failed Bullish Breakout.
The MACD has been Extended to the Positive side for a long while and now soon looks to rollover to the Negative side and Cross Bearishly. The RSI has also been looking suspiciously exhausted at these levels.
If I'm to place a trade on this I would buy quarterly...
We are going to look at the weekly and daily time frames.
WEEKLY (W1)
Last week price action triggered a "Dark Cloud Cover" pattern (bearish !) with its weekly closing level
below the Tenkan-Sen and the cluster (Kijun-Sen & MBB) and also already within the weekly clouds support area.
RSI below 50, @ 47'98
This Dark Cloud Cover pattern neutralized the...
Kajaria is trending downwards with dark cloud forming on Friday (10/12) if continues it will go to the each support mentioned, if it breaks it will go to the strong support for consolidation and sustain well from there.
recently head and shoulder was formed in the same hence trend of downwards may continue.
Gold prices produced a bearish Dark Cloud Cover candlestick pattern at downtrend resistance set from August 2020, hinting that a reversal may be ahead. Breaking below initial support anchored at 1750.78 may set the stage for downward extension toward 1717.89. The major bottom at 1676.91 comes into play thereafter.
Neutralizing the bearish bias seems to demand a...
We have a confirmed Weekly Dark Cloud Cover with 4 instances of Weekly Bearish Divergence and we are breaking down an up trending line I think it wouldn't be so crazy to bearishly target a 50-61.8% retracement from here.
We have a Bear Flag here and within that Bear Flag we have a Dark Cloud Cover on the daily signaling that Bearish Continuation is more likely. I will be interested to see if the RSI can break below the 50 line as the downtrend continues.
My Take Profit Target will be between the 0.786 and 0.886 retraces below.
ETH is showing Bearish Divergence and a partial rise in a Right Angled and Ascending Broadening Formation and we just got confirmation to enter short near the support level in the form of a 4HR Dark Cloud Cover Closing.
This is a second attempt at finding a short opportunity on MRNA after the first failed i have waited and i now see a new signal.
I expect that we will see a daily reversal in MRNA from here in respect to the Dark Cloud Cover candle Close we just got on the daily. At minimum we will see a reversal to fill the gap below but at the worst we will go all the way down...
Hello traders and investors! Let’s take a look at Tesla today!
Despite the drop, TSLA just did a pullback to its 21 ema in the hourly chart, no big deal. The problem would be if it loses this 21 ema, as the next support level will be the gap area, around the $ 658 , which is also the red line at previous top .
Tesla must react quickly in order to avoid this...
