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Bearishmomentum

GBPAUD Short Trade Idea There was a short trade opportunity recently on the pound-aussie trading chart 📉 after price rejected the confluence of the 1.92279 horizontal resistance level and the upper line of the parallel channel. This is indicated by the bearish harami candlestick pattern just below the same confluence; there's even a confirmation of a downward trend 📉 by the next bearish candle after the signal candle. If the downward price momentum is strong enough, the next confluence of the next horizontal support and the lower line of the same parallel channel could be tested. A reward-to-risk ratio of 3.15 is possible with this setup; you could target over 2700 pips in profit... Apply risk management in your trading. Good luck!
Short
by charles-okoukoni
2
GBPUSD Bearish Outlook?Last week, the GBPUSD pair consolidated, ranging between 1.23757 and 1.23532, with no significant changes to shift our bias. Technical analysis indicates a bearish outlook for the upcoming week, as the cable struggles to maintain its bullish momentum. The 20-day EMA acts as support for now, but its strength remains questionable. On the 4-hour and 1-hour timeframes, the GBPUSD shows potential bearish signs. The MACD is below the zero line, and divergence from last week's analysis is still valid. The pair may break support and trade bearish unless critical resistance levels on the daily and 1-hour timeframes hold. Fundamental factors also play a role in the GBPUSD forecast. While there is no significant GBP news, several high-impact USD events may cause volatility. Key events include CB Consumer Confidence, New Home Sales, Core Durable Goods Orders, Advance GDP, Unemployment Claims, and Core PCE Price Index. In conclusion, the GBPUSD forecast for the coming week is bearish, with technical and fundamental factors contributing to potential downward movement. Traders should monitor key events and employ proper risk management while navigating the forex market. Please hit the boost and follow for updates in the coming week. Thanks for doing just that!
by ClintOnos
BTCUSD Ready to exit this big diamondBTCUSD reached further the supply area in overbought condition. A potential decrease of 7% can occur if the price action interact with the anchored VWAP from ATH. This potential movement can ignite an impulsive 5-wave bearish exiting of this big diamond pattern, which is likely complete. Fisher Transform suggests the direction of the price action in 2H and 1D timeframes. Overbought condition on macro scenario, in which the price seems to be form a top, ready to a swing downward to complete a 5th wave of a expanded ending diagonal, likely to finish the actual bearmarket.
BITSTAMP:BTCUSDShort
by firmestudio
TCPL At a very interesting point where the price can move to any side .. just wait for the confirmation before entering the trade ✌️. Technicals are amazing Despite attractive technicals i expect the stock to breakdown further to support levels mentioned (Blue horizontal lines) after rejection from 38.2 Fibonacci levels. I Will be happy to see your thoughts on this via. Comment your views on this Note: Just an idea not any recommendation to buy or sell the particular stock.
NSE:TCPLPACKShort
by Paras_gujjar
SOL PERSONAL ANALYSIS IN THE LONG TERM (UPDATED) HELLFIRE!What is up guys? I have been off for a decent while since I have been very busy with life however I am back. Please be reminded that a high probable trade is among us with SOLANA and other assets which will begin to go down this day up to a maximum of 19.6$ with an expected pullback up to 22.2$. As you can see in the chart, the Relative Strength Index has clearly given an image of consistent long-term (daily chart btw) losses of buyer interest which could only mean one thing -- an impending doom of a massive sell. How does the Relative Strength Index help confirm the foreseen downtrend? It is mainly a tool that shows the strength of a particular movement whether if it may be bearish or bullish. In this scenario, the RSI shows that each pump is considerably weaker in momentum than the previous one and the price action demonstrates no further upside action and is now entering a slow-downtrend or a consolidation period. Buyers are uncertain if they can keep up with the positive sentiment and bears are now preparing their moneybags. If you have any more questions, please feel free to chat, comment, react and share! ---------------------------------
Short
by Wamses
Bitcoin at Descending Triangle Pattern#Bitcoin 4hr. #TA at #KuCoin As per my previous analysis, BTC moving at the pattern of #BearishExpansion & #Descending Triangle Waves pattern, next Divergence will complete its final wave, towards $21.5k to $20.5k.. And, If it breaks the $20.2k support zone, then it's first breakout at $19.5k & another is $17.5k too upto March. Lets see, what's next move.. But be prepare, March will mostly under pressure of Bearish Zone Compare to February..
Short
by AskToRahulSirohi
2
BTC Weekly Overview 2022 Seems bad!!!📊 #BTC 1W Overview So you guys still wondering where the heck is BTC going let me make it simpler to explain it to you. Here above chart shows we are already since there in a bear market in red region which was triggered at 34K levels. BTC is now at critical support level at 19.6k (Orange line)🟠 which is the ultimate support for now holding or losing changes the game here for bitcoin. Losing 19.5k will trigger 12k (yellow line)🟡 level of support cluster down below. BTC needs to hold this level otherwise more bloodbath in the market. If you are still a bull in this sharp drop and want to see upward targets BTC can hit refer to the dotted purple 🟣 25k 30k 41.7k 59k 64.7k 69.3k levels. Until then focus on support.
by UnknownUnicorn39416474
BTC/USD: Monthly overview in the Bitcoin macrotrendBitcoin it's forming a possible bearish movement that could to lead to the previously price around to $29,387 USD in this support line. Meanwhile, we expect that Bitcoin continue descending this market structure to find up sell during the next month to sell Remember to know what happen in the global economy in the influence of U.S. Dollar about the interest rates hikes and tightening in the U.S. monetary policy and interest rates hikes in the global economy to take in note in Forex market.
COINBASE:BTCUSDShort
by harisonhbn9718
USDCAD Bearish momentumHTF -> The market has been moving between dynamic support and resistance and it has recently touched the top of the ascending channel and moved impulsively from it. LTF -> The price has hit a support level, but because we are in a bearish trend, the probability of the market to continue is higher than it is to reverse... So what I am expecting from the market to reach from 1.26066 and 1.25872, before bouncing back, because it was a previous level that was rejected. Be aware of the EU conflict at the moment... Even though this is not related to the EU, however, EU reacts against the USD which consequently changes all other USD pairs.
Short
by GonzeeTrading
Potential Shark Forming 🦈🦈US30 - Potential Shark pattern almost complete, i'm looking for price to push down to the next S/D, here we will probably see some rejection (But only to build liquidity so price can break this level then head down to the D point where I will be looking for reversals. (I will scalp this both directions on LTF's) But HTF Bias this is where I'm predicting price heading. Let me know your thoughts? * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
UShort
by benalistarfx