Intel Short Intel is in a aggressive downtrend with no signs of any upside and as shown the downtrend will continue to make new lows.
Bearish Patterns
SILVER BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
Previous week’s green candle means that for us the SILVER pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 29.423.
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BITCOIN BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
BITCOIN pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 58,730 area.
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GBP/CAD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are going short on the GBP/CAD with the target of 1.770 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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GBP/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
It makes sense for us to go short on GBP/JPY right now from the resistance line above with the target of 183.099 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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Tao Short SetupHere's my Idea about TaoUSDT Short
Tao have made Great moves already its time for Dump
USDCAD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.35 zone, USDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.35 support and resistance area.
Trade safe, Joe.
EUR/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
EUR-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.939 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/CHF pair.
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EUR/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
EUR/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 160.449 area.
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EURGBP Potential DownsidesHey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84000 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84000 support and resistance area.
Trade safe, Joe.
Potential Harmonic Bearish Butterfly Could Push QQQ to $525+Here I have Invesco Trust NASDAQ:QQQ on the Daily Chart!
Invesco Trust NASDAQ:QQQ follows the NASDAQ 100 Index which is Tech-Industry Heavy.
Price currently is struggling at ( $485 - $486 ), the 78.6% Fibonacci Level responsible for giving us our B point in what appears to be a potential Bearish Harmonic Butterfly Pattern!
Harmonic Butterfly
X - B = .786
A - C = .382 - .886
B - D = 1.618 - 2.24
X - D = 1.272 - 1.618
If Price is able to break through this Level, then by the Harmonic Butterfly Parameters, we could see the CD Leg extend to the 1.272 - 1.618 Fibonacci Levels @ ( $525.30 - $553! )
Fundamentals:
* Feds have already began their Easing Cycle with the more then expected aggressive 50 bps cut to Interest Rates. With more cuts already planned in the foreseeable future, this will begin to help the economy bounce back!
*Thursday, Sept. 26th: Final GDP, Unemployment Claims & Powell Speaking
Friday, Sept. 27th: Core PCE Index
Indicators:
- Price is trading Above the 200 EMA
- RSI Above 50
- Bullish Volume Building
GOLD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
We are going short on the GOLD with the target of 2,612.943 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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SELL GOLDIn todays session we are looking for selling opportunity in Gold. Gold has been a raging beast lately. Todays Asia session has a surprise liquidity sweep, we are anticipating a pullback from this high 2628.27 with stops above 2638.724. Target the 2592 levels. Always use proper risk management and don't risk what you can't afford to loose. Cheers and best of luck, gwg.
SILVER SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
SILVER uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 29.085 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the SILVER pair.
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AUD/USD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
AUD/USD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.675 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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USD/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are going short on the USD/JPY with the target of 141.931 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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Trade idea - GBPCAD Short4H
Bearish impulse / break of last HL: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone.
= Sell limit.
#EURUSD Potential Head and Shoulders PatternFX_IDC:EURUSD
The pair is showing signs of potentially forming a head and shoulders pattern. Key support is located at 1.1065. A clear break below this level could trigger a downward movement in the pair, signaling a shift in momentum.
Keep an eye on this critical support level, as it may influence the upcoming price movements.
USDJPY - Following The Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 USDJPY has been bearish trading within the flat falling channel in red.
Currently, USDJPY is undergoing a correction phase and approaching the upper bound of the channel.
Moreover, the zone marked in blue is a previous major low.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the major low and upper trendline acting as non-horizontal resistance.
📚 As per my trading style:
As #USDJPY approaches the red circle, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Hanging Man and Doji Patterns in Focus!XAUUSD
2H Chart
Price: 2622.23
Hanging Man:
The highlighted candle in the chart represents a Hanging Man pattern, which is a bearish reversal pattern typically found at the top of an uptrend.
The long lower wick signifies that sellers pushed the price down during the session, but buyers managed to bring it back up close to the open price, though not with strong bullish conviction.
The fact that this pattern appears after a sharp upward move signals a potential bearish reversal, especially if followed by a bearish confirmation candle.
Doji:
The Doji signals indecision, with buyers and sellers unable to gain control as the open and close prices are nearly the same. Following the Hanging Man and with an overbought RSI of 73.32, it suggests weakening bullish momentum and potential for a bearish reversal.
Place a stop loss above the Hanging Man’s high and set take profit near the next key support at 2,613.732. These levels are derived from the Hanging Man, providing some bearish confirmation. However, traders should feel free to skip the trade if they aren’t confident with the setup, as prioritising risk management is crucial.
Confirmation:
A bearish candle closing below the low of the Doji would provide strong confirmation of a trend reversal.
Good luck in the markets!
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GOLD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
We are now examining the GOLD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 2,586.807 level.
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CAD/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
The BB upper band is nearby so CAD/JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 102.499.
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AUD/JPY SHORT FROM RESISTANCE
Hello, Friends!
Previous week’s green candle means that for us the AUD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 95.765.
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