A bearish butterfly has set up on the 4-hourly timeframe, is nice to see that the setup is within the sell zone. On the 1-hourly chart, it has already shown that the trade is qualified, however, not yet on the 4-hourly chart. Wait for candle confirmation is essential for this trade setup.
Hello traders, Description of the analysis: The market generates higher price distributions in rotation with the support of volumes. In the analysis, I marked the supports mostly on the first standard deviation of the volume profiles at the indicated ranges. Keep in mind that the red line is the price of the largest volumes on a given range, which means a fair...
D1 - Bearish hidden divergence. H4 - We have two important sell zones that has formed based on the fibonacci expansion levels of the two waves we have. Bearish divergence H1 - Price has reached the first sell zone, bearish divergence. If the price moves lower, breaks and holds below the low at 10139 we may then expect further continuation lower. Alternatively...
It's not over yet. Minutes ago I've manual exit the second target of a bearish bat on the daily chart. Exit price 107.69(+374pips), the reason being I've spotted this bearish bat pattern on the 1-hourly chart and it is more than 100pips away from my manual exit price. I will wait for a candle confirmation to engage for the shorting opportunity.
There is an existing bearish bat setup on the daily chart, and we are holding on a 352pips of running profit, 41pips more to hit our first target(check out the link 3). Traders who had missed the setup or would like to engage additional shorting position may wait for the market retrace back into the sell zone(red box) on this chart.
H4 - Bearish trend pattern, bearish hidden divergence. Price has currently reached a strong resistance zone formed by the 1600 psychological level, 200 moving averages and the 161.8% fibonacci expanasion level of the first wave we have. H1 - Bearish divergence, until the sell zone shown in the chart holds my short term view remains bearish here.
A bearish deep gartley setup on a trend trading trade. This setup is usually not acceptable by most Harmonic Patterns Traders as D point completion exceed X. However, in my testing this kind of setup, trading at X work out well.
A bearish shark pattern has already reached Point D, but it's still not the right time or the preferred price for me to engage this trade. I prefer to wait for the Shark Pattern to reach its HOP level or instead the supply zone(red box) to engage the trade. What're your thoughts on this?
W1 - Bearish divergence, uptrend line breakout. D1 - Bearish convergence, uptrend line breakout, In addition to this, based on the Heikin Ashi candles we can see that currently we have strong bearish bodies in downward moving market conditions so it basically reflects a bearish environment. H4 - On the H4 chart too based on the Heikin Ashi candles we can see...
A bearish shark setup as a trend trading trade within the sell zone. The structure also has an AB=CD pattern formation complete at the area, and this will increase the selling pressure. Trade has already engaged and level send to subscribers who are in our community, check out the link(3) at the signature below.
Waiting for a break below and close below of the magic candle that is circled in yellow and a retest back to the entry price to short this pair.
GBP/USD reached fibonacci resistance (sell zone). Risk to Reward 1:2 You can open 2 lots and use 1:2 and 1:3
A bearish bat set up for a trend trading trade. Trade has already engaged, a break and close below the trendline will give strength to the downwards movement. The level completes with a bearish deep crab pattern as well and having a market consolidation.
A bearish bat setup, X form at the consolidation structure before the drop of gold. This trading setup is an opportunity for both counter-trend trend-reversal trader to engage for a shorting opportunity; the only difference between the two is the target profit area. Trade has already engaged, what're your thoughts on this?
For GBPUSD I'm waiting for the market to retrace back into the sell zone, better still the "double sell zone". On the 1-hourly chart, I'm waiting for a harmonic pattern to sell(short) the market.
H4 - Uptrend line breakout, lower lows. H1 - Bearish trend pattern, bearish hidden divergence, we have two important sell zones. Until these two sell zones hold my short term view remains bearish here.
Macro timescale BTC analysis with LIVIDITIUM CHANNEL. See text in the chart. Not a financial/investment/trading advice.
A bearish bat setup for a trading opportunity towards the downside is considered as a trend trading setup. Having the PRZ to be within the emphasised sell zone is a bonus to the setup. For this setup, I will be stretching my Target2 as a trend-following trade. What's your trade plan? Comment down below.