- CPI data came in expected today, excpet core is 0.1% hotter market didn't really care since we need something really hot to not get a 0.25bps - PPI data likely will come in expected as well today, since CPI was pretty aligned so technical matter more now - SPX came close to 200 MA today rejected the 3940 area but QQQ is above 200 MA - QQQ and SPX reject...
simple and effective btc analysis. btc makes a bear flag on 4h chart. also makes a rising channel on 1h timeframe. make a symmetrical triangle on 1h timeframe. over all bitcoin in downtrend so we are trying to caught only short trades. now currently all depends on breakout or break down. happy trading journey. tata bye bye
Current market cap = 14.889b FY 22 sales = $2.57b Price to Sales ratio = 5.80 Etsy has been accused by citron research of selling counterfeit products look at the below tweet for their reasoning twitter.com Now here are the 3 big questions to be answered 1. Will ETSY face legal problems in removing all counterfeit products? 2. What % of their 2.57b revenue...
Looks like a bear flag may be forming on the daily chart of Mattel. Waiting to see if there is a breakdown of lower trend
Another bear flag puked out by the softest money on Gods Green Earth.
Bear flag pattern coupled with a breakdown of an uptrend.
On ETHUSDT there is a rising wedge and a bear flag. I am keeping this setup in mind for the next days. There is also a value line on the 1216.98 level and also on the 1202.36 level. A expansion range was also formed and the price is currently at the top of the expansion, and on the top of the bear flag channel. I will be keeping this chart in mind for a short and...
$META Bear flag on 5 min, with TF continuity on the daily, 4h 1h Price targets: $124.16, $123.67, $122.60
VLO reports earnings later this month. I have a decent long position in this name, but for a day trade or swing Idea, I like longs over 128 and puts under 124.4 I personally believe what worked in 2022 won't in 2023, so oil names may not be as safe of a hiding place for big funds this new year.
What we are looking at here is the SPY on the Daily TF (on the Left) and the 10 Min TF (on the Right). Notice that the blue arrows show that we are in a mature bear flag and it is about ready to trigger more downside action. And, you will see that the chart on the Right with the green arrows is a nice mature bull flag. How high do you think the SPY will go...
• NIO is trading around the support level of a Bearish Flag chart pattern; • Yesterday, it tried to trigger the pattern, but in the end, it did a bullish reaction and it stabilized around the trend line; • If NIO triggers this flag, the bear trend will resume and the technical target of this pattern is around $5; • In order to avoid this bearish scenario, NIO has...
ETH running into bearish trend in addition to a bear flag pattern. A break of the flag could lead to $1080 and/or $1020-$1000
Due to inflation and rate hikes we might see new lows in near future. As you can see breaking below 3900 is confirmation of trend will continue to go down. If S&P able to retest 3900 area we can enter short position. Our target will be 3500, 3400, 3200, 3000. And remember we are in huge Falling Wedge pattern.
GBPJPY shorts playing out with bearish momentum from last Friday Minor retest on the lower timeframe forming a minor bear flag which broke and retested hence my high risk to high reward shorts. Looking at price to retest its lows again whereby i will take partials or full profits at 165.00.
Ethereum looks to be Bear Flagging below a neckline and the psychological range; downside potential upon breaking down looks quite wide as there is hardly any support below. The safest entry would be after we see how EU opens.
BTC 4H Possible Trade setup BEAR FLAG Need 4H candle body OPEN & CLOSE below the STL for confirmation. Entry upon retest of STL turned into RTL. Use proper position sizing. Non Financial advise. Trade at your own risk. Do your own research.
as you can see I expect another retest of the bear flag and sup/res. after this we will fall further to the big blue zone to break it
Look's like BTC is forming a Bear Flag and a possible breakdown might target new lower prices. Price Target #1: $14,500 Price Target #2: $13,500 As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers! *This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types...