Hi guys :D 1. We have USD/JPY there just moved up a huge chunk and then we had a drop, the drop made a BEARISH CONTINUATION and heading down big time. Im currently useing the 20-30 EMA strat to and it lines up with the Bearish Continuation 2. We have all the Technical indicators on our side - MACD -RSI -ATR Even...
OANDA:US30USD US3O retested at 50% Fibonacci PRZ and had tested twice at that area and formed a bearish engulfing candle on the 4H and 1H timeframe. This confluence creates a confirmation for the continuation of the bearish trend.
On the daily chart, USD/CHF has been in a range for some time. This range can be recognized as a bearish continuation, as it has formed after a bearish impulse. When price tested the resisting trendline for the third time, we saw strong rejections indicating selling pressure. Price has now been moving in a corrective manner downwards, this signifies a reversal...
XAU/USD Has been moving up the past few months. Price reached a major resistance and pivot point on the weekly chart. A very long pin bar was then formed, on the weekly chart, this is a very strong sign of reversals. With price reaching this resistance for the second time and rejecting it for the second time, a double top was formed. On the daily chart, price...
Charting from Daily to 3-Day charts reflect head & shoulders pattern forming with the left shoulder and head formed. Given price action trends with wild swings up and down, Zcash will either retrace fully to sub $90 or probable right should forms before final retracement. Once retrace by >70%, historical $ZEC price realizes bullish reversals. Continuing to see...
HTF -> in a descending channel in the daily TF... 4H TF market bounced from the HTF channel, but corrected and broke to the downside, indicating further bearish momentum. LTF -> Price has corrected as an ascending channel and it seems to me that it is going to continue further down, however the bottom of the HTF channel is very near, therefore precaution should...
GBP/NZD - Potential Weekly Deep crab. Price broke the monthly high but closed back below breaking the bullish momentum and potentially causing the LTF trends to reverse. The monthly TF is still bearish so I'm trading away from the Monthly high looking for price to create a new channel with a monthly continuation in the direction of the Crab. Let me know your...
This is an update to our double bottom that played out very nicely. I'm done being bullish on Sushi and am now full on bearish. There is a Bearish Pinbar that could send us all the way down the support zone of $4.14 - $3.50.
If we bearishly reverse here and make yet another lower high we could see Bitcoin break below $28,000 and go all the way down to the daily support levels of $24,000 and $19,000
A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows. The last several weeks have been incredibly tricky in terms of technical analysis and finding a clear edge, why? We've seen fake outs to the...
The GBPUSD Pair has tested support 3 times which might trigger a reversal in fortunes. bearish continuation or bullish reversal?
Dear ladies and gentlemen, as you can see in the circle I have made yesterday a new candle appeared in the BTC chart, that small body candle is called spinning top candle and it is a common candle that can be used as a bearish continuation indicator or a bullish reversal indicator. The candle is neutral till the next day candle appears, today's candle is red, and...
This swing setup might be overly conservative, but given the uncertainty of BTC price and the complete lack of fundamental of DOGE. I tend to be extra careful when my swing trade has no chance of turning into the long-term holding. Just my two cents. Not the trade advice.
Buyers starting to look weak after breaking below the 1.618 Fibonacci Extension with it's next likely support being at $10.40
Very strong bearish pressure on EURO pairs. Price just broke the support level and retested we will have a continuation for the down side
Looking to see if we can get some bearish trend continuation
Waiting for bearish continuation on this pair