Beautiful move to the downside closing below the bear flag on the daily chart so only looking for sells on the 1H chart anticipating the continuation to the downside. Line in the sand for me is the outer Ascending Channel that can provide support but if we can break that channel that can open up massive downside potential. Otherwise we could get a move to the...
Got a nice bearish impulse and now in a larger correction so predicting a further move down now
Be aware this does not have to sell off now and can easily move back up for a double top or 3rd touch of the top of the correction for the sell setup there
Liking this setup today. Not the cleanest as we are trading against the overall momentum however the daily is in need of a pullback soon as the run is exhausted
Daily | Price has stalled at major support level and formed a nice bullish candle testing the area and rejecting it
4H | Got some nice bullish price action at the bottom of the run and got a nice bullish...
Really liking this potential setup today with all timeframes aligning to the short side.
Daily | Good retest of resistance level and the 50 EMA with a nice bearish confirmation day
4H | Ascending trend line broken that was holding up the lows after rejecting the 4H 50 EMA that caused the break
1H | Pretty messy H&S in my eyes that took place but the bearish tone...
Could finally be seeing the range breakout I have been waiting for here. This has been the cause for the massive consolidation on the daily chart we have had.
Waiting for a pullback and a retest of the pattern for that extra confirmation before getting short.
Very nice bearish setup here. Daily double top formation with a good rejection of a major resistance level . Confirmation of move down looks great on the intraday charts. 4H in need of a pullback, ideally to around the 4H 50 EMA and the 1H broke below the 1H 50 EMA with MACD divergence as well and then retested as new resistance along with the pivot line...
Very nice bearish setup here. Daily double top formation with a good rejection of a major resistance level . Confirmation of move down looks great on the intraday charts. 4H in need of a pullback, ideally to around the 4H 50 EMA and the 1H broke below the 1H 50 EMA with MACD divergence as well and then retested as new resistance along with the pivot line...
