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Bearish Flag

GOLD analysis and forecast UPDATEHi traders, we were talking about gold making correction and its happening. We already have 2 wave structure in that bearish flag, or A and B wave in that correction so we are expecting to see one more push to the upside. I would like to see price pushing higher to fib 0.618 or 0.786 which will confirm that price will move sharply after that and give us better risk to reward ratio, but keep your eyes on it! Remember bigger correction will give us bigger wave. Anyway im expecting nice wave to the downside, stay patient and good luck!
OANDA:XAUUSDShort
by KosirFX
In depth look at continuation bull/bear flag structures/patterns Hello everyone: Welcome back to another quick educational video on price action structures/patterns. Today let's go deeper into the continuation correctional structure. Specifically, the continuation bull/bear flag structure. First it's important to understand that a bullish/bearish flag is a continuation correction. They are representing a correctional phrase of the price action, before resuming the previous impulse phrase. As price action traders, we must be able to identify what correction we are seeing. This will allow you to get ahead and make your forecasting so you are prepare to any potential entries Second, bullish/bearish flag correction will appear in any time frames, any markets, and in different sizes. Typically a flag correction will have at least 2 swing highs and 2 swing lows and relatively even and proportion in angle or length. They can be slightly slanted or very parallel to each other. Remember the market is not perfect, it wont always present us picture perfect, textbook structures. Thirds, So its important to understand multi-time frame analysis, top down approach. A LTF bullish/bearish flag may or may not have the potential to start taking off massively due to the higher time frame showing us a conflicting bias. So its important to add as much confluence to your trade as possible. As always, any questions, feedback or comments please let me know :) See you all in my next weekly outlook stream. Thank you
BINANCE:XLMUSDEducation
by jojofang0901
18
XRP Could be in troubleWe have had 2 successful breakouts in this most recent run And the third formed a local top We can see this has formed a bear flag, which the downward move was 40% into it And a 40% move down would put us at the very strong S/R of 0.40 Numbers seem all too confluent to be true However, if we leave this flag I would expect a similar move, maybe it gets supports at 0.46ish though proving very strong on the recent dip TP targets should be relatively close due to volatility and high fundamental support so the market could switch, get that SL to break even ASAP!!! Wait for break down, then move back towards bottom trendline of bear flag to enter!
Short
by InvestmentsHub
7
BTC/USD IN COMING DAYS!!Hi every one Bitcoin / U.S. Dollar The price is in the Bearish Flag pattern. After breaking the Flag , the price goes down The price can go up to the range of 18000 to 18200 and then break the pattern of the flag and the price goes down. we have dedicated a good amount of time for this analysis so support us by like and commenting our posts. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast Thank you for seeing idea . Have a nice day and Good luck.
COINBASE:BTCUSD
by CobraVanguard
3
Bitcoin show a bearish flag simetric triangle!!! Short PositionToday, Bitcoin still bearish in H1 timeframe and we see that the trend it's going to make a reversal. So, I'm still in short position until the $17,020 USD. You can to put your short position entry in the market price with a SL at $17,800 USD and a target profit will be $13,400 USD. As we se in H1, we are into this bearish chartist pattern of continuation of the trend; in that case it's turn bearish in intraday So, at the moment, we can to form any chartist pattern, but remember that as we broke down the support key in H4, we found out that Bitcoin it s weakness!!!
COINBASE:BTCUSDShort
by harisonhbn9718
3
US500 3541.1 - 0.32 % SHORT IDEA * CORRECTION AND PRICE ACTIONHey everyone A look at the S&P 500 that is currently trading is a bear flag looking for a break below of the structure, the index rallied up with the bull and was bound to correct this move to complete that big gartley pattern so previous swing lows will be our targets and guided by the fibonacci levels a break above of structure will change the whole trading plan. As always higher time-frames for direction and whats happening in the overall chart and lower time-frames for entry opportunities. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET THE WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
UShort
by PULEMokhothu
USDCAD 1.30135 - 0.32 % SHORT * CONTINUATION PATTNSHEY EVERYONE Here's a look at the DOLLAR / CAD that is currently trading in a bear flag on the 4H chart will be looking forwad to the continuation of this move as it is still premature to trade against that sharp fall, will be looking for a break below of the flag strucutre or a push up then continuation with the bears. a lot will go into executing the trade so follow your rules. for entries we scale down to smaller time-frames to determine entries and so forth. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES here's some of my rules if they help. 1. look at structure be it descending channels, pennants and so forth. 2. RSI is overbought/oversold so will be looking for a pull back to structure before continuation. 3. will be looking for entries from 30M , 1H, 2H & 4H time-frames if taking the trade long term. 4. aggressive trades can be executed on the pull back 5. price action must definitely align with the plan.' 6. structure definitely 7. the 20 EMA must be respected as support / see a bounce at this structure 8. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. so i will most like's enter this one in a bit but i hope this idea assists in any way on your trading plan. RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
GBPUSD, 4hr tf, sell on conlfuence of resistanceHello my friends, I hoped you all are doing well with your trading. I myself am having a bad week as some positions hit stop loss. This week alone i got 4 positions hit stop loss and got 8% loss banked. Each trade was using 2% risk so in total it was 8%. Well thats not a problem because everybody will have a bad week or months in trading. Nothing to be a shamed of. For today i am gonna trade lightly and i already got some positions in mind which looks very interesting. First is GBPUSD pair. As you can see, price still moving inside the ascending channel which could be a potential bearish flag in the future. Price currently moving into an area of confluences which is the meeting point of ascending channel and horizontal weekly resitance. In my opinion, we could see sellers step in to hold this area and a rotation to the lower side is likely to happen. Sell GBPUSD 1.3265 Stop loss 1.3300 Take profit 1.3160 (3R) RR ratio 1 : 3 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
Euro/ U.S. Dollar: We hope a bought at these Fibonacci level!!! In Daily, Euro it's still steay and we could to reach in short-term the $1.20 USD Euro in H4 timeframe was broke up the resistance Daily mark in yellow and then, we could see a continuation o their trend, but beware we would to prove any confirmation on bought around of $1.1864 USD, that could be a good price entry for long position in EUR/USD. Another factor is that Euro could to find down the EMA 50 to then, entry in bought in this zone!!! And it's the 0.618% of Fibonacci around of $1.1835 USD, becuase in H4 we could to appreciate it better. Now, in H1 Euro is still into this consolidation orme in the past 5 hours and we see a bearish flag, but as Euro is into this bullish trend, so beware becuase I do not entry in long or short in this zone, so the best is to hope these fibonacci level smartest!!! Fundamental Analysis: 1. Dollar down, as U.S. election finally delivers Biden victory 2. Dollar was down today morning in Sydney session, starting its week with losses as Democrat candidates Joe Biden was declared the winner of the U.S. presidential elections. 3. The FED announcing in the previously week that want to stead the USA politics and the continuation of a sot monetary policy creating more economic stimululs, traders are retreated rom the greenback over the expectation that Biden administration make. 4.The Dollar has weaknes in anticipation o a Biden presidency bringing calmer politics and the anticipation of FED coming to rescue again amid hear term risk or rising covid-19 infections. So guys, these are my key fundamental for the U.S. Dollar, but we would need to stay alert on what the Federal Reserve want to rescue the U.S. policits and economic general softing the economic. So, this is another good fundamental that we could see for the next days, but right now, we can't to entry in short in Euro, becuase investor option to buy Euro and we're entry in the bull trend. So, I will continue updated this par when we see my key to entry in long position!!!I If in any case that Euro doesn't reach down the Fibonacci level at 0.382 or 0.618, we find up another opportunity!!!
Long
by harisonhbn9718
ETC "bearish flag" and exit down to $4.ETC is ETH fork since 2016, which has never been able to fix in the top division of the crypto world. Throughout its history, the ETC team has conducted a number of hard forks to improve network performance. And also underwent several 51% network attacks. There were also rumors that the team left the project to the mercy of fate. In principle, this is all that came to mind over the past 4 years) Perhaps there is a benefit in mining this coin? Please, write in the comments, because we are not strong in this matter, thnks) For our part, we can say that the historical high $47 for ETC cannot be achieved. It looks like the ETC price has been trading under the bearish flag for the last two months. It is unknown how the altcoins will react when Bitcoin starts correction or fall. The price of a classic can rise to the middle of the channel - $5.36 or up of the channel near the level $6 . And the fall may start from the current indicators. The result in all cases will be the same - the level $4 will strongly attract to itself. ________________________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
1