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Bearishtrend

The Impact of Economic Factors on the Stock MarketHi there! So, I heard that the economy is in a bit of a rough patch because the FED is raising rates, there's some quantitively tightening happening, and there's a potential recession on the horizon due to a supply shock from the Russia-Ukraine war and China's pandemic restrictions. It looks like we might be heading into a recession, which is sooo not good news. The stock market will definitely be feeling the effects if the index falls below its moving average of 200 days. It's not looking great, I have to say. But don't worry, there are still ways to protect your investments. Some technical indicators you might want to keep an eye on include the relative strength index (RSI), the moving average convergence divergence (MACD) indicator, and the Bollinger bands. These can help you evaluate the strength of the current trend and potentially identify opportunities to buy or sell. Also, outside the SPX index there are still ways to further protect your investments. For example, you might want to consider reducing your exposure to risky assets and increasing your holdings of safe-haven assets like government bonds. Just remember to stay positive and keep an eye on the market!
SP:SPX
by jhnes95
LINKUSDT map for a potential downtrendThat's my ultimate speculative map for a potential downtrend anatomy for LINKUSDT. We have a reversal Head and Shoulders top in formation, which a pullback to neckline can occurs in a retest of broken dynamic trendline. If the price remains bearish, a test of the volume point of control POC can be expected. Then a potential downtrend in a parallel channel formation can be expected w/ lower highs retesting the dynamic trendline / resistance. The final target is the D point from prior Butterfly pattern.
Short
by firmestudio
Bearish signs on EUR/USDHello everyone. Here we have the EUR/USD daily chart. The trend here is still bullish, but we have to keep in mind that the trends of higher time frames are bearish, and we also have a few bearish signs on the daily chart. First, as you can see, the price tried to climb higher, but after that we could see the W&R pattern and the downward action started. Also, the whole situation is not in favor of the EUR at all. There are many worrying factors that pose a big risk to the EUR and with that in mind there is no reason to be bullish on the EUR. So, on the daily chart we have a perfectly formed bearish engulfing pattern that suggests a downward continuation. From a technical point of view, strong support is around 1.0900, where we also have Yearly Pivot Support 1. Strong resistance is around 1.1121. However, I don't expect the price to drop to 1.0900 without any correction, so some retracements could happen, as always. My suggestion is to take advantage of the first retracement that will happen and find a good short entry.
Short
by merjemascerija
Warm your brains and observe dataHello everyone In this scenario price at NZDUSD currency pair haven't confirm any fact, but it's good to have NZDUSD in our minds. This pair might be good for trading later, we just need more data, more facts, before we hit a button for buy/sell. At the moment NZDUSD currency pair is in bearish trending and bearish territory. One interesting thing at this pair is that bulls confirm lower low level at the last swing 0.67409 where they got stable and probably they're are not letting bears to get away so easily. This explanation is mean for 4H timeframe. If we are following price from very start where last territory started, we can see strong bearish movement where red zone is marked. Things got complicated ones bulls snap back from confirmed lower low area at 0.67409. Price eventually reach up to 0.68190 new resistance level (buyers H1 higher high level). And here we go, we have one bearish movement on H4 timeframe and bullish movement on H1 timeframe. Bullish movement is now also observed for H4 timeframe, because price broke 0.67878 resistance level which was important for H4 bears. To sum this up, I want to tell you price is headed downside with possible sideway trading or price is going to reach buyers H1 higher high second time. at 0.68190 level. This will cause rangging on h4 timeframe. If bulls can hold that position, we have to count in our analysis daily timeframe to. Anyway, if price can broke 0.67409 support level, bearish side will continue trending. Do not miss GBPCHF analysis.
by EliteFxAcademy
BEARISH MOVE GBPUSD STRONG CONFIRMATIONHello In this case we are looking bearish trending adn confirmation flow on both daily and four hour timeframe. This analysis is presenting very strong and powerfull momentum flow, because both timeframes connect at once at the same timing. FLIPPING SIDE - Presents who has power on the market. At this moment we are count on bears. Daily confirmation - when price broke ''flipping level'' first time, there was no momentum to be enough confident for sell position. When price broke second time '' flipping level'' that was still not confirmation we are looking for but just another fact we might falling in range mode. So we were not interested in potential move. We needed retracement. As you can see from chart, price did a retracement from 1.34378 (second bounce from new LL) and closed below ''flipping level''. Because this type of confirmation is not clear, we were still not interented in trading GBPUSD. We needed more data and that happend at the last part when price broke recent lower low level at 1.34378 and stay below it for longer perioud of time. It is important that price stay below lower low level for longer time, because we do not have any clear retracement, that gives us any good fact for short position. Also you can see that price movement was slow these days untill today. Today is a day when price gave us confirmation from a ''new daily territory''. Price holded position enough long below Lower Low level and important resistance at 1.33521. 4h timeframe - price is moving sideways, but bearish shots are getting stronger, which gives us bearish momentum power. See also AudCad daily confirmation - bearish - previous analysis
Short
by EliteFxAcademy