Get started

Bearishmarket

AUD ENDS NZD BULL RUN AUDNZD UPDATE: finally after taking a losing trade last week i give this pair a second chance we now see on the weekly chart that a big bearish candle breaks the bullish trendline however it is now moving back up to retest the 1.08344 resistance area TYPICALLY I'd wait until it hits the 61.8 retracement to enter but looking on 4h i can see big rejections but that doesnt mean anything until i see a momentum candle etc from the 4h going back to the DAILY : what do we see? a rejection of that resistance zone and trendline plus a retest of the broken bullish trendline on daily we see rejections/bullish exhaustion which means its a very great sign for people who are going bearish on this pair this week 1hr: on one hour i can see a big bearish candle has form but why haven't i entered the trade and to be honest with a big bear like that engulfing but with some what of a rejection shows me that bulls are still in the market so ill stay away from making the same mistake as last week and wait until it hits those key levels and enter if i miss the trade opportunity i rather be safe than sorry Conclusion : still waiting for price to reach key levels btw how do you guys like the new theme? lol too blue?
Short
by MaxSeal
Correction, Dip, or Bearish Market is coming?ATR volatility is increasing, last candle show bearish engulfing, picturing from yesterday "so-called-dip" is showing bearish movement, and I think that last pattern looks like bear flag. Also, as some of us know crypto market are kinda tidally-locked with BTC market movement, we should take a close look at what BTC market is doing. So, are we really still on a bullish market? Let me know. Anyway, just be careful. Notes: - All indicator uses 24 length period to measure 24 hours statistics - ATR is modified to use EMA instead of RMA - ATR is modified to use HMA as a predicting oscillator - I modify the DMI to look like MACD (don't know why, I just like it that way) and added RSI on top of it (not sure why)
Short
by OgahTerkenal
FCPO TRADING : 183) short on reboundthis is haidojo and the number is 183... analysis maintains "short on rebound"... that is nothing much to comment except that the market fcpo-dec is sliding down slowly... lower-high is formed...unless the price challenges 2900 and maintains abv it, then we might be looking at a possible reversal... higher resistance : 2900 immediate resistance : 2800 temporary support : 2730 psychological support : 2700 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FCPO1!Short
by HAIDOJO_trading
FKLI TRADING : 155) downtrend persiststhis is trade 155 frm haidojo trading... after the counter-trend yesterday, we have a pretty painless trade today...short near 1540 and took profit at 1520... price even moves lower than the previous low and continues to 1500++... now we are anticipating the price to move back retest 1512-1520, support-turn-resistance level and short near that level...next level of support is at 1475-1486... dun try anymore counter-trend at this moment... market is at full speed downtrend now... higher resistance : 1540 current resistance : 1512-1520 support : 1475 -1486 lower support : 1450 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
MYX:FKLI1!Short
by HAIDOJO_trading
The bulls havn't lost yet!Welcome to my daily market update (11/05/20): • Damn, I wanted to post yesterday a market update but a few minutes right before I was done, the market went crazy, which is extremely fun!, my expectations were right, and we finally received my weekly red candle (Or did we? Few more hours to go xd), so I delayed my update until now. • So what we have so far on mid-term for bullish? - We are still riding the mid-term bullish trend, and just corrected to 0.6’ fib levels (Which is very good for such recovery), and used daily e50+e200 as support (Golden cross upon us?): - We still have a gap to fill on after daily+weekly close: - And we created a higher low on 4h (The real question is if we will create a higher high as well?): - Now it’s good place to ladder bullish position, if we create higher high then most likely we are going to pass this 4h e21, and shoot to close CME: • And what we have on the mid-term bear side? - We are under the 4h e21 which we were riding so far, so it will act as resistance now. - We didn’t create higher high yet so we might still create a lower high and a lower low, and on this case our next target is7750: • Now don’t get me wrong, the mid-term is still bullish and might break through the the big-term trend, but we should not forget some keypoints: 1. All markets (Such as DowJones and S&P500 and others) pretty much exhausted with this recovery, and might start crushing the second wave (BTC will also crush on such moment, again) 2. Our big-term is still in this bearish channel (And now we have enough liquidity to push down, especially if close below the weekly e21): 3. The halving bullish narrative is almost over, the moment we pass this event, a lot of retail (And especially whales) might just dump their profits since the event is over. • My recommendation for now, is to stay with the mid-term bullish trend which isn’t invalidated yet. I personally as you well know, am a speculations trader, and thus I keep on focusing the shorts as I did so far, until we pass 10500 with enough confirmations that we are on a bullish market again.
Short
by Hedgehog_king
1
USDJPY-Weekly Market Analysis-Jan20,Wk1A straight dive after the candlewick touches the resistance line and break and close below the recent support show weakness in the appreciation of USDJPY. As it is needed the break and close below the most recent low once more, to confirm the intent of the market movement, it is now a slightly weaker bear, yes, bear market you hear me right. If the bearish move break and close below the right shoulders of the head and shoulders, the opportunity to long due to this setup is officially over.
Short
by RaynLim
USDCAD 61.8 RETRACEMENT!!!After price broke out of a highly respected uptrend, price squeezed and broke out bearish (Impulsive Wave). Currently we see price rallied at a very attractive reversal level(Exhaustion), (Fibonacci 61.8% Retracement) Price is Accumulating at this Level so we are awaiting for confirmation to enter this high probable continuation of trend to the downside. Trading Idea is invalid if price decides to break into Higher Highs eventually breaking above the 78.6%.
Short
by RiosTrades
1
NZDCHF, EURNZD CORRELATIONPreviously analyzed the Euro/Kiwi, using Price Action we were looking to go Long (Refer to my previous analysis on EURNZD) We have a 95% Negative Correlation to EURNZD therefore we see price express itself like 2 Positive Magnets. Price is moving in an extreme downtrend which isn't hard to analyze with naked forex. I'd be highly interested in finding a high probable entrance into this pair if price decides to pullback into previous structure which can also lead price to rally at an Important Fibonacci Level before continuing short.
Short
by RiosTrades
AUDJPY TREND CONTINUATION OR REVERSAL????Looking at a possible trend continuation on the AussieYen, we are in a major downtrend which leads me to believe that price made it this far below for the 3rd time, price may very well reject off it's previous swing low and continue to our Daily Support. Let's say price does continue short and price rallies at our support, we can then find Bullish reversal confirmations using a Consolidation Breakout Strategy with compliments of multiple time frame confluence, being patient and allowing the market to present us with more confirmations such as reversal candlestick confirmation in higher time frames and showing us buyers are entering the market thus not allowing price to drop lower.
by RiosTrades
USDCAD SHORT OPPORTUNITYIn Higher Time Frames (Monthly/Weekly) this pair broke out of an ascending trend then experienced big pushes down from sellers because our Daily Resistance is at a 61.8% Fibonacci Retracement of that breakout impulse. My bias on the US Dollar/Canadian is to continue shorting this position if price action presents itself accordingly, my interest in this pair is the short opportunity if price breaks below our next structure level then we can find reason to enter the market with Reversal confirmation at the pull back to structure.
Short
by RiosTrades