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Bearishoutlook

AUD/USD Technical Analysis: Bearish Signals Ahead? 📉📊In my analysis of AUD/USD on TradingView, I have identified several bearish signals that suggest the pair may be headed for a downward trend. The pair has been trading within a descending channel, with lower highs and lower lows. Additionally, the 50-day moving average has crossed below the 200-day moving average, indicating a possible long-term bearish trend. The RSI is also hovering around the oversold territory, adding to the bearish outlook. 📉📊📉 #AUDUSD #TechnicalAnalysis #BearishOutlook #DescendingChannel #MovingAverages #Oversold #ForexTrading
Short
by ss7trader
WTICOUSD - nice point for a bearish continuation?Hello all, After a major breakout of the big rising wedge on 1D and 1W timeframes the oil price has been doing a correction. Now the price is reaching the previous structural ATH, which will possibly become a quite strong resistance. On the other hand, we can draw a bear flag pattern on 4H chart, which is a bearish AAD pattern to the long term rising wedge. Thus there are good odds for entering a quite successful long term short term on oil. On the other hand, if we take on the economic/fundamental side of the game: The worldwide inflation is running crazy The Fed had already increased the tapering speed, it is only a matter of time when they will completely stop QE and starting pushing up interest rates The global auto market is rapidly developing in favor of EV vehicles which in turn decreases the oil demand All in all, right it might be a good time to enter a long term short trade. Entry, TP, SL and scale-in points are on the graph. Good luck! If you like this idea, please, like and subscribe! :) Disclaimer: This is not a trading advice or signal. Any risk related to trading this commodity is solely on you. Please, think thoroughly before making any trading decision. Cheers! :)
OANDA:WTICOUSDShort
by Barysbyek
4
BTCUSD - head & shoulders?Hello all, Just couple of hours ago the price has swirled down breaking the neckline of the H&S pattern on the 4H time frame. Personally, I foresee a good short trade with high odds. Sell limit is on the retest of the neckline SL is above the neckline TP1 is around the 42,000 level TP2 is around the 41,000 structural support Good luck! Please, like & subscribe if you liked this idea! Disclaimer: Any risk related to trading this cryptocurrency is solely on you. Please, think thoroughly before making any trading decision. Cheers! :)
COINBASE:BTCUSDShort
by Barysbyek
5
ETHUSD - an important decision aheadHello all, The crypto market is being quite bearish recent days. As for the ETHUSD pair the situation is as follows: The Ethereum has come to the long term support line and forming a bearish pattern. On a daily and weekly charts there is an obvious double top pattern Bearish candles are way bigger than bullish ones. We need to wait for a confirmed breakout and the retest of the 3955 USD level, which is a quite strong structural support. 3660 USD is a level to watch out and the TP is around 2800 USD. Good luck! Please like & subscribe if you liked this idea :) Disclaimer: Any risk related to trading this cryptocurrency is solely on you. Please, think thoroughly before making any trading decision. Cheers!
COINBASE:ETHUSDShort
by Barysbyek
It Bitcoin going to fall further?Hello all, As I was predicting 2 weeks ago the BTCUSD pair has started crashing out of the long term rising wedge pattern around 10 days ago. Here is the link: So, what do we have now is the confirmed breakout of this long term bearish pattern and possibly the switch of the trend (LLs and LHs). What are we possibly observing now is a bear flag like pattern, i.e. AAD pattern to the previous big rising wedge. The possible entry for this highly likely short trade is around 53,500 USD and the first TP is around 41,000 USD. If the price breaks out of the structural level at the 41,000 USD then this free fall could continue up to the previous structural ATL of 29,000 USD. Good luck! And please, like & sub if you like this idea! :) Disclaimer: Any risk related to trading this pair is solely on you. Please, think thoroughly before making any trading decision.
COINBASE:BTCUSDShort
by Barysbyek
1
GBP/USD - Reverse Symmetrical Correction - Bearish OutlookEvening all, A bearish formation printing into place for GBP/USD. Price will continue upwards in the short term and potentially create a throw-over before a reversal back into the triangle and a sustained move downwards. A longer term bearish outlook going into 2021. A good strategy to buy from pullbacks on the smaller time frames until then will provide some wins. Manage your risk well and remember to always plan your trade and trade your plan. Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust your own analysis. Beyond Edge
by BeyondEdge
Rising wedge Australian dollar /United stase dollar future contract is trading in a Big Rising Wedge, I thinkit will be broken and price might fall. We can clearly see a divergence between ON BALANCE VOLUME and PRICE. Fundamentally AUD is going upthese days due to Optimism about a Covid-vaccine and a V -shape recovery in international indices. However there are still high risks related to USA-CHINA trade war and potential impacts on Australian economy (AU and China are commercial partners and if China exports will be damaged Australian economy will be influenced) Open a short trade with target 0.63
CME_MINI:M6A1!Short
by Dragon_Investments
1