Looks like a bear flag may be forming on the daily chart of Mattel. Waiting to see if there is a breakdown of lower trend
Innovation Growth, BTC, and the 10 year note are under consolidation pressures as the bond briefly dropped below 1.35.
looks like a bear flag formed, I think more downside here, just keep buying this won't last forever & LINK will hit $55 TP after this last shake out IMO
$SPX $SPY $ES_F As you can see, there's a bearflag breakdown currently bouncing from the would-be neckline of a h&s that I think will form a right shoulder and retest the broken bear flag channel.
We Can see continue drop in downside. ThankYou
The Swiss Franc currency index is currently moving in a series of lower highs and lower lows, characteristic of a downtrend. The price is clearly moving downwards with brief correctional pauses as shown by the ascending wedges and bear flag chart patterns. I am targeting a short trade toward the 97.8 area, which will be my profit taking zone. This area represents...
Prices have been tumbling down recently, having broken out of a corrective structure in the form of a bear flag pattern. This pattern was a good way for prices to blow off some steam, after the massive sell-off. Now we expect the prices to go towards the bottom of the corrective structure (bear flag pattern). This is a classic setup and there is no need to say...
Price formed another corrective structure in the form of a bear flag pattern after sellers struggled to hold ground. Now it has just broken to the downside and we are expecting further down movement. Things are a bit slow this week especially after the bank holidays yesterday. Risk management should be on point always. The technicals of this trade are; Stop Loss:...
The stock price is moving in a series of impulses and corrections , as it nears the ascending trendline. Possible targets are around the 271 330, which represents the bottom of the bear flag pattern. The price has already broken through the bear flag pattern and is moving closer to the target area.
Gold continues in it's downtrend, as it currently completes a corrective structure towards the 1290 resistance level. I will be looking to short gold around the 1290 area if price action suggests so. Therefore, be on the lookout for bearish engulfing candles or any type of heavy selling close to the dynamic resistance (trendline). A possible target is the 1270...
GBP/CAD recently broke out of the daily corrective structure that started out in early September 2018. This was in the form of an 800 pip move. We are expecting this drop to continue, as price is currently making a smaller corrective structure, and therefore we can expect a continuation to the downside after this bear flag is complete. It will also be interesting...
CHF/JPY is currently recuperating after the big sell we took. It seems history might repeat itself. Price is making a bear flag pattern on the 4-hour timeframe. If price does indeed break to the downside, i will be taking a short trade targeting the bottom of the flag pattern. Entries will be posted once the trade is ready. For now, we wait. Patience is the...
Prices formed an impulse to the downside and then moved up after a serious stop hunt, or rather rejection caused by the buyers, who came in and pushed prices higher. This was evidenced by the correctional structure (rising wedge pattern). Price is currently moving downwards after it retested the support turned resistance of the rising wedge pattern. On the 4-hour...
GBP/NZD has just broken out of the corrective structure to the downside, therefore we expect a further continuation to the downside over the next hours/days. Price formed a bearish flag pattern after a big impulsive move to the downside. The technicals of this trade are as follows: Take Profit 1: 1.87247 Take Profit 2: 1.82568 "The definition of insanity is...
This trade might/might not have been forecasted on this channel. Price is currently breaking out of a bear flag pattern and creeping to the downside. My take profit is placed at 0.74640, which is the bottom of the flag pattern. Patience is required as usual, as the market is heavily oversold and buyers might "taunt" us. May the bears be with us!!!
The price for gold is moving in a downtrend, making lower highs and lower lows. Price just made a bear flag pattern, and broke out of it. We should probably see a continuation to the downside since the correction has seemingly ended. If this setup is validated, prices should rock-bottom to the 1270 area. Remember, always take your profits earlier when they come.
This stock is moving in a downtrend, and the weekly timeframe shows a possible right shoulder forming. A break of the neckline on this weekly timeframe will signal further bearish momentum. On the 1-hour timeframe, price are trickling down as the momentary uptrend has finished and prices are below that ascending trendline, forming a series of lower highs and lower...
Prices are moving in a downtrend after having broken out to the dowside of a descending triangle. After a momentary correction, prices could possibley continue further down, with a final target of around 15 600. However, nothing is guaranteed, so always take your profits earlier if they come.