#Solana seems to be exhausted and needed some timeout imo. The current support holding the H&S got to be broken to confirm the bearish move though.
-NZDJPY -Bearish Continuation -Bearish Flag -No divergence -Short Position -Risk reward 1%
Sell zone is 197-206, expecting it to turn back down after rejection at 201-202 tomorrow and then start move down to 150s. Could see 146-154 by early April.
Heading down to fill 393 gap by early April. I don't see it getting above 448-450 here tomorrow and will likely start move down by end of this week. Watch 410-415 for possible support, but shouldn't stop it from dropping to 390s.
USDJPY Reversed on the MACRO from a Bearish Butterfly PCZ on the Monthly and has since gone down about 15% as seen here: But recently it's had a bit of a rally as the DXY showed a bullish pattern that it indeed bounced from here: However it would seem that the USDJPY is showing quite a bit of weakness with the MACD confirming Hidden Bearish Divergence and...
Price action is looking bearish as buyers were unable to breakout of the HTF upper boundary, instead creating a strong reversal impulse followed by a continuation correction. To add confluence to this short set up, we can see a H&S pattern with price currently completing the right shoulder. I do expect price to re test January's high, find an entry that meets...
CADJPY had a strong push upwards recently yet started moving correctively which is failing to push any higher. As we know this is indicating a reversal is shaping up, which looking at the lower time frames, price broke out of the reversal structure currently developing a bearish continuation. Look for a sell entry that fits your trading plan. Thanks Trade Safe
Buy Setup ▪️Strong Impulse breakout of Wedge Pattern ▪️Buy entry after pullback from 98.00 area Sell Setup ▪️Bearish Continuation ▪️Short from 98.00 area to previous lows for next impulse phase Leave a comment below and share your opinion. Trade Safe Thanks
✅GOLD is going down currently And the pair broke the key structure level Which is now a resistance, and is about to make a pullback And the retest, so I think the price will go lower then SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-NZD is trading in a downtrend And the pair broke a key local level Which reinforces our bearish bias And so the next target for the price Is the horizontal support below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Verizon Communications Inc. Intraday - We look to Sell at 38.68 (stop at 41.29) The primary trend remains bearish. Trading within the Wedge formation. Prices expected to stall near trend line resistance. Preferred trade is to sell into rallies. Our profit targets will be 31.18 and 28.00 Resistance: 39.00 / 48.00 / 55.00 Support: 35.00 / 25.00 / 17.00 ...
well probably head back toward bottom of envelopel. slow bleed until we have a reason to bet on another wave. if signal stays green we could have another leg up.
i imagine this down move in semiconductors is going to push mich lower, and soxs is a long at these levels into the upper 70s. the signal moving average is green on this inverse.
this is a big chunk of the market all byitself. if we look to it for broader implication we find most equity is still a sell. im not looking to long stocks right now until $TICK is far below the price again.
XAUUSD = Spot Gold appears to be forming an upside-down cup and handle pattern. At present, the handle is forming in an ascending channel so the pattern is bullish right now. However, the completion of the handle and price dropping to the 1695 range would confirm the bearish continuation where the price could then drop to the 1580 range based on the cup...
Welcome back! Let me know your thoughts in the comments! **GBPJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
I am seeing a story being foretold here. Looks to me like a bearish pennant on the eth with a measured move to the .886 from the Mar, 2020 low. Only one factor missing here, my patients. DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.
BTC drops down to around $19,000 after a bearish continuation pattern forms a descending triangle. Date is 06/18/22