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Bearishpattern

Price Action Candlesticks Cheatsheet — The Best Patterns!These different price action patterns are great for various situations. They can be identified at a Lower time frame or Higher timeframe, pick a chart and start looking at the candles! If you identify any of these in a chart you are looking at today, feel free to share them below. Here is a little more about bullish and bearish candlesticks: Bullish and bearish candlesticks represent opposite market sentiments in technical analysis. They are used to identify the buying and selling pressure in a financial market, and help traders to predict the direction of price movement. A bullish candlestick is represented by a green or white candlestick that has a long body and a short wick or no wick. A long green or white body indicates that the closing price of the asset is higher than the opening price. It signifies that buyers are in control and that there is bullish sentiment in the market. The longer the body of the candle, the more significant the bullish sentiment. On the other hand, a bearish candlestick is represented by a red or black candlestick that has a long body and a short wick or no wick. A long red or black body indicates that the closing price of the asset is lower than the opening price. It signifies that sellers are in control and that there is bearish sentiment in the market. The longer the body of the candle, the more significant the bearish sentiment. Traders use bullish and bearish candlesticks to identify trend reversals, support and resistance levels, and to confirm other technical indicators. When a bullish candlestick pattern appears after a series of bearish candlesticks, it may indicate a potential reversal of the trend. Conversely, when a bearish candlestick pattern appears after a series of bullish candlesticks, it may indicate a potential reversal of the trend. No single candlestick should be used to make trading decisions, and traders should always consider other technical indicators and fundamental analysis before making any trading decisions.
BITSTAMP:BTCUSDEducation
by Tradingstrategyguides
Bearish Thesis Bitcoin to 20800-then drop to 18500 WIP (Short)Elliot Wave continuing from the drop from 25200, ABCDE. Rising Wedge to about 20750-850 (not exact), then a drop from there to 18400-600 as measured from the last drop. Not a guarantee. I haven't entered a short, I might take a swing with my hedge account. Work-In-Progress. This doesn't mean, "short now" but for traders that already have established shorts from higher levels, this would add to the "hold your shorts" argument. I might set some very small sell stops on my hedge account with very little risk. I'd be placing stops a few hundred above just in case. I would also be taking healthy profits in my very light long position on my main account if we approach this level, but that is already a given. Also 18400 would not necessarily be the stopping point for the drop, as it is simply a measured move based on the last one that played out. A secondary target might actually be to "sweep the lows" of 17600... implying at least a few hundred below that, or possibly thousands depending on catalysts, positioning, and where everyone's stops are placed.
BYBIT:BTCUSD.PShort
by JJMa
BNB: Bearish Inverse Cup & Handle!!Hello Guys, BNB is looking bearish here. It is forming inverse cup & handle pattern (which is generally a bearish pattern). Important support area is $273-$278 (support line of inverse cup & handle pattern). If it breaks below the support then we can see more dump ($250ish area) You can open a short position after breakdown of support area with low leverage. SL: Above $311 if you like this idea then do support it with like and follow for more. Also, share your views in the comment section. Thank You!
Short
by Usman_Yaqoob
1
XAU/USD SHORT (short-term)XAU/USD Short (Short-term). Looking to sell XAU if we get a break below that mini resistance zone. We have currently broken the lower TF market structure and now I'm waiting for an inverted Head & Shoulder pattern to form before looking to take Gold higher breaking out of the trendline. This trade is only valid if price breaks below and we get a nice rejection of the 1800 level. I will be using the Fibonacci tool to measure the pullback and candlestick patterns for the entry.
OANDA:XAUUSDShort
by TomBray1
1
LUNA continuation of the mid-term downtrend SHORTHello everyone. Introducing LUNA to the USD. After a sharp drop from 27/12, Luna drew a bearish flag and tested it from the bottom, which shows a continuation of the downward trend in the medium-term. The convergence of the trend line, 0.5 Fibonacci and a similar percentage decrease act as a magnet in the designated place of my takeprofit Cryptocurrency after the $ 100 rally, need a breath. Personally, I'm selling a LUNA with a marked stop loss of $ 90 and a takeprofit of $ 73 This is not an investment advice, but my personal analysis. Comment and like Greetings.
LShort
by SayMoney
3
ETHUSD 15-1HHi folks! hope you guys had a cute profit on the latest Ethereum short. This time we will be taking a look at the smaller time frame like 15 min to 1h. As you can see we got a huge impulse on the first wave but for now it's basically exhausted and we got a very beautiful correction movement as well. In my humble opinion, it will break out soon because it is looking super bearish right now. However, the picture tells you the details about how to open a position. When everything goes as I predicted then finally we can consider it as the beginning of the second wave.
COINBASE:ETHUSDShort
by lovestein