Based on technical factors (bearish Flag - RSI ) there is a short position in : 📊 DOTUSDT Polkadot 🔴 Short by confirmed Breakout ( RSI or Flag ) 🧯 Stop loss 19.50 🏹 Target 1 17.01 🏹 Target 2 16.01 🏹 Target 3 14.50 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
GBPUSD has a bearish trend on its higher timeframe. On the 1hourly chart, I'm waiting for the market to touch the bottom of the rectangle and bounce back to the top. At that price, I will wait for a shorting opportunity for a Bearish Flag Pattern trading opportunity. This formation will be stronger than the market breakdown of this sell zone.
#UBER so if the fib levels are correct from our most recent swing low we wicked that .768 level and bounced off for a potential short term opportunity for calls to the upside at the 34, 35, 36 strike as there is a huge level at 37.50, looking at some flow data 35 strike for the 20th of may has 67 thousand OI sitting on it now 40 has 41 thousand both of which are...
I don't have much to say about this chart, other than it looks bullish
After getting rejected like 2018 by 200MA, this bear flag looks ready to drop. Measured-move 13k.
#MKR/USDT $MKR is inside ascending parallel channel and near the lower line. 🐮 holding the lower line will increase price to upper line of channel that is the same with resistance zone around $2000. 🐻 this channel can act as flag pattern so break down from lower line of channel will drop price to support zone around $1700.
I’m starting to see things pretty solid; luna is on the strong 79-80 support.. really strong and bulls up a bit. Same idea I had with everyone else; I can see 130 as a mid-term then long term is 160 which is the main target. Should go 5x or 10x to bullish upward through; 90 area need to be broke so the bulls will take upper momentum of the breakout to keep it...
I prefer to short USDRUB pair in shortterm based on fact that probable flag was almost broken downside. However, a break could be a false one. That's why Risk management is absolutely mandatory here. Always base only on your own decisions.
Flag + ABCD pattern could lead to huge Gold's falling.
You can see that I was very Bullish oriented regarding GBP pair. However, this week weekly candle looks very Bearish. I don't understand where is Bullish resistance? Why price is falling like a stone?
Let's wait and see if it is an upside breakout. If it is and a breakthrough is not a false one than it could be a very good trade.
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According to chart analysis, the indication is a Bullish Flag and the projection is 2080. Plan A: Long Entry: 1973.395 SL: 1964.521 TP: 1994. 584 Plan B: Long Entry: 1994. 584 SL: 1980.454 TP: 2080.352
According to chart analysis, There can be seen a bearish Flag, AB=CD Retracement is detected. Plan: Short Entry: 0.7757 (now) SL: 0.7993 TP: 0.6803
$BNB Broke below this bear flag just like $BTC did, the breakout candle shows selling pressure! target is the next HVN (High volule node area) which is around $400.
All the levels on the chart. Big breakout is happening
According to chart analysis, We can see a Bearish Trend is in place and I support that a Bearish Flag can be witnessed, by taking into consideration of Support & Resistance. Trading Plan: Short Entry: 0.82767 Current SL: 0.83033 TP: 0.82122
on weekly time frame, I am still considering we are on bearish trendline - major trendline support - broken back to the week on 17th of January, BTC still struggling to got back above this trendline 47.5 / 48.5k area with confirmed candle closed above. Also looks like perfect example of BEAR FLAG forming recently. Looking also from combination of Elliot waves...