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Bearish Flag

Bitcoin ShortThere are some interesting things shaping up on this chart. We are currently retesting a previous area of support on the hourly which may serve as resistance. If this plays out, then perhaps the bear flag will send us to the 1st target level which sits at the 38% fibs level. Our 2nd target sits at the 50% level while the 3rd is a combination of the 61% and 78% region. If this plays out, our BART Simpson pattern will be completed. We could also see $50k being hit first before correcting. This still can be part of the overall pattern.
BITSTAMP:BTCUSDShort
by ewhite41
1
USDCNH on a bear flag 🦐USDCNH after testing the lows near a dynamic trendline retraced inside a minor ascending channel. The market reached the 0.618 Fibonacci retracements and now testing a support According to Plancton's strategy, if the conditions, will be satisfied, we will set a nice short position. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
26
GOLD analysis and forecast UPDATEHi traders, we were talking about gold making correction and its happening. We already have 2 wave structure in that bearish flag, or A and B wave in that correction so we are expecting to see one more push to the upside. I would like to see price pushing higher to fib 0.618 or 0.786 which will confirm that price will move sharply after that and give us better risk to reward ratio, but keep your eyes on it! Remember bigger correction will give us bigger wave. Anyway im expecting nice wave to the downside, stay patient and good luck!
OANDA:XAUUSDShort
by KosirFX
In depth look at continuation bull/bear flag structures/patterns Hello everyone: Welcome back to another quick educational video on price action structures/patterns. Today let's go deeper into the continuation correctional structure. Specifically, the continuation bull/bear flag structure. First it's important to understand that a bullish/bearish flag is a continuation correction. They are representing a correctional phrase of the price action, before resuming the previous impulse phrase. As price action traders, we must be able to identify what correction we are seeing. This will allow you to get ahead and make your forecasting so you are prepare to any potential entries Second, bullish/bearish flag correction will appear in any time frames, any markets, and in different sizes. Typically a flag correction will have at least 2 swing highs and 2 swing lows and relatively even and proportion in angle or length. They can be slightly slanted or very parallel to each other. Remember the market is not perfect, it wont always present us picture perfect, textbook structures. Thirds, So its important to understand multi-time frame analysis, top down approach. A LTF bullish/bearish flag may or may not have the potential to start taking off massively due to the higher time frame showing us a conflicting bias. So its important to add as much confluence to your trade as possible. As always, any questions, feedback or comments please let me know :) See you all in my next weekly outlook stream. Thank you
BINANCE:XLMUSDEducation
by jojofang0901
18
XRP Could be in troubleWe have had 2 successful breakouts in this most recent run And the third formed a local top We can see this has formed a bear flag, which the downward move was 40% into it And a 40% move down would put us at the very strong S/R of 0.40 Numbers seem all too confluent to be true However, if we leave this flag I would expect a similar move, maybe it gets supports at 0.46ish though proving very strong on the recent dip TP targets should be relatively close due to volatility and high fundamental support so the market could switch, get that SL to break even ASAP!!! Wait for break down, then move back towards bottom trendline of bear flag to enter!
Short
by InvestmentsHub
7
BTC/USD IN COMING DAYS!!Hi every one Bitcoin / U.S. Dollar The price is in the Bearish Flag pattern. After breaking the Flag , the price goes down The price can go up to the range of 18000 to 18200 and then break the pattern of the flag and the price goes down. we have dedicated a good amount of time for this analysis so support us by like and commenting our posts. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast Thank you for seeing idea . Have a nice day and Good luck.
COINBASE:BTCUSD
by CobraVanguard
3
Bitcoin show a bearish flag simetric triangle!!! Short PositionToday, Bitcoin still bearish in H1 timeframe and we see that the trend it's going to make a reversal. So, I'm still in short position until the $17,020 USD. You can to put your short position entry in the market price with a SL at $17,800 USD and a target profit will be $13,400 USD. As we se in H1, we are into this bearish chartist pattern of continuation of the trend; in that case it's turn bearish in intraday So, at the moment, we can to form any chartist pattern, but remember that as we broke down the support key in H4, we found out that Bitcoin it s weakness!!!
COINBASE:BTCUSDShort
by harisonhbn9718
3