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Beartrap

BTC1!: CME TD 9 Bear Trap Buy SignalCautious shorting the current 4hr candle on BTCUSD, currently looking at a bear trap on the CME futures chart with a TD buy signal on the 4hr. Bears are also failing to move price strength into oversold conditions, signalling signs of bearish exhaustion, as CMF returns to positive. S&P is finding support (for now) from the 200 Day MA that could confirm with a candle close by end of day. Remaining cautious, could turn bullish. Might as well fill the little weekend gap at $9,175 - $9,220 that's closeby before falling lower at least. Courtesy of Tone Vays TI Indicator: tonevays.com Inverse Head & Shoulders Fracta - Deadcat to $9.4K? A few possible scenarios:
CME:BTC1!Long
by dragononcrypto
BTCUSD: Inverse Head & Shoulders Fracta - Deadcat to $9.4K?Bitcoin is starting to form the previous inverse head & shoulders pattern on a smaller scale, potentially creating the continuation pattern of a bear trap followed by dead cat bounce to $9,400 support turned resistance, before moving back below $9K for lower lows after the monthly (as well as quarterly and bi-annual candle) closes. Based on larger time-frames, $8.8-$8.95K should act as strong volume support. RSI & CMF are diverging with the similar setup. RSI oversold double bottom currently testing neutral zone within right shoulder, CMF bearish selling pressure divergence from left shoulder to head flips to buying pressure and re-tests the neutral zone in the right shoulder. Below $8,637 (50 Week MA), price could fall fast if bears follow through with sufficient volume. It's the perfect setup for a bear trap, followed by the obvious bull trap into strong resistance. Candle closing metrics based on current price: Monthly gain/loss: -4.28% (bearish) Quarterly gain/loss: +40.95% (bullish) Bi-annual gain/loss: +23.23% (bullish) 4hr view continued: A few possible scenarios Daily view: Hash Ribbons Buy Signals 2016-2020 Extrapolation Weekly view: Logarithmic Curve & Network Growth : $100K in 2021?
BITSTAMP:BTCUSD
by dragononcrypto
Confirmation in my hand: This is bear trapHello guys, in this technical analysis, there are other opportunity to put in short movement in EUR/GBP, But, don't believe of what is your imagination, because this is a pur bear trap to trap all bullish to put in long, so, there will be I identifiy a possible drop of this price, but a nice opportunity to put in short. Also, lets me see that the price action it's spoke us. Well, I identify a double top and RSI is losses force to continue up, so the % to will going to bullish than bearish is 30% of probability to put in long than 70% of probability to pun in short movements. So, this is my technical analysis in H4, also, did you remember of the previously hours that I reccomend to closed up your position, well my prediciton it's was ok, but also, we found up a other confirmaiton to respald a bullish or bearish sentiment, because, price action never lying us. So, the sentiment os bullish is false, the bearish scenario as I knowed is here.\ Also, I add my link to related ideas that I respald my analsyis before to make do this analysis. so good luck of your opperation!!!
Short
by harisonhbn9718
2
Don't Get Trapped Muhh Bois We could easily fall out of the channel now, but i suspect we will have one more swing up above 10.5k to trap in longs before heading back to the 6k region. I plan on re-entering around the mid point of this Gann Fan to ride an oversold bounce, then plan on loading in more in the green zone into the new years 2-5k price range incoming in my opinion. feel free to post ideas of your own in the comments if you see it differently than myself, i always like seeing differing opinion. Good luck and safe trading my friends.
BITSTAMP:BTCUSD
by CapitulationCalls
And we continue to beat the bears!Hello traders and investors! I hope you are all fine in this glorious day! Ok, so, SPX is in an impressive bull trend, and today is giving us a reversal sign in the daily chart. But how worried should we be with this? Well, let’s find out. Remember to support this idea if it helps you, ok? In my view, this bearish sign is nothing to worry at all, and if that’s the case we wouldn’t have avoided four bear traps this month – Yes, we avoided successfully four bear traps, the link to these analyses are below, as always. Those who follow our work here know that we don’t try to predict where's the next market's top, our trading style is reactive, not predictive . We can switch to “bear mode” in a second, but as long the bull trend continues, we are still bulls. What we see here may be just another pullback to its previous supports (blue line and 21 ema). That’s exactly how we avoided the previous bear traps. And once again, if we look at the daily chart, we will see a Shooting Star , just like it did two days ago, and today's price closed slightly negative (-0.21%). Check it out: I already told you that I respect a lot the bears, as I respect every serious trader here, who work hard and study hard. We are warriors and we all have our convictions. In my view, there’s still nothing to worry, but I booked some profits today, check the links below to my analyses about XP and LB for more details (almost 30% and 45% profits respectively). This is why is nice to follow me here, so you'll be updated about my trades and analyses. Also, follow me on my social media, because I don’t have time to publish everything here. Now, SPX seems to be seeking the 3130 again, and sadly, most people seem to forget about the Dow Theory’s 6th tenet. Either way, I’ll be here every day to keep you updated! Remember to follow me , I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
2
I told you so (again) - 4th bear trap avoided.I won’t start this analysis with a “ I told you so ”, because this would be too cliché. In my last SPX analysis, I warned you about how bearish patterns in the daily chart often are just a correction or pullback in smaller timeframes. And that’s exactly what happened today . If you missed my last analysis, the link to it is below as always. The possibility of a shooting star was real, yes, but that’s the fourth bear trap we avoid by using this simple strategy. That’s how a multi timeframe analysis works, and that’s why I always like to keep things simple. The price hit its supports at the pink line (previous top) and the 21 ema and the trend resumed, as usual. There are no surprises for us here , and I’ll quote what the technical analysis’s father said about a century ago: “Trends Persist Until a Clear Reversal Occurs”. That’s why I’m a bull for more than a month now, and I’ll keep bullish until the bears appear. Simple . Check the links below to check my analyses about some stocks I own, and check my social media too, since I can’t post everything here! Until then, there’s nothing here that convinces me that a bear trend will begin. Let’s take a look at the daily chart: The trend is still clearly bullish.It's been years ago since I stopped trying to “predict” the next top - now I just follow the trend. I invite you to follow me to keep in touch with my analyses and if you want to understand better my trading methodology. You guys know that I won’t short SPX, because I’m inclined to buy VIX instead, and maybe we will see something new tomorrow – or maybe not. We don’t know, and we don’t need to know to trade successfully. Some people call me naive, having no idea of how serious I'm at my work. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
19
We warned about the BEAR TRAP (3th time, yes)Hello investors! So, SPX banished the ghost of a triple top here, and the bulls resumed their trend. Yesterday’s candle was a little frustrating, yes, but the bulls retaliate today. In my last analysis I said about the importance to close above the fib retracement, and if you missed, the link to it is below, as usual. I also warned you that yesterday’s movement could be just a necessary pullback, so the bulls could take a deep breath and gather the strength they need to do a pivot , and that’s exactly what happened here, and it did another bear trap. The 3th this month! I’m just impressed because I expected a sharper pullback, at least to fill the gap we see in the hourly chart here: But, fortunately, I was wrong! The price found its support at the 21 ema, a possibility dismissed by me, but still, I'm glad it did. You guys know that I have my portfolio, and I talked about it on my social media. And, since you’re still reading this, I think you are finding this analysis at least interesting, otherwise you wouldn’t still be here, do you agree? So, please, like this idea and follow me to keep in touch with my analyses. I’m every day here, and I’m sure you’ll find something helpful. Now, SPX is trading above a fib retracement and it did a pivot in the hourly chart. I’ve been warning you a long ago, this is a bull trend. I respect the bears, but please, be careful, you might get frustrated. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
11
GBPUSD possible Bear Trap 🐻🚫As price has finally breaks down Support&Resistance stated on chart above, I'm watching if this idea will be valid or not for this week. Trading traps might be one of dangerous action to execute, as if its fail to be a bear trap, price might just go down as well and worst case scenario, price breaks lower to 1.14772. If bear traps was a success, we might see price breaks through resistance. So long(buy) trade can be place. As safe trade, better to trade with it's trend. have a safe trade. glhf!
by WinLoseTrade
BTC/USD day trading SetupHello Traders, We want to assume the short in BTC, we already can see the RSI showing us overbought signs but, we only will assume the short position if the price goes above this resistance and go back bellow this level, so we gonna assume the bull trap, and we going to see a clearly stop point, and the objective is on the short term uptrend line. If the price goes above and accumulates above 9160 we don't want to go short anymore and the target will be 10k Please push like button, follow us on Tradingview and on Telegram. Best regards, Sandro and Gustavo. Feel free to visit my pages if you would like to know more
Short
by MarketMinds
2
We warned about the BEAR TRAP (again!)In my last analysis, I warned about the movement SPX was doing, which was very similar to the last bear trap I also warned here. I’ll put the links to my previous analyses bellow, and I invite you to follow me to keep in touch with our trades and analyses. It was a perfect déjà vu. Again, I saw a lot of people calling it a short trade, but we knew we should be careful here, and what I saw was exactly the same thing as the previous time . And I’ll repeat what Charles Dow said about a century ago: “Trends Persist Until a Clear Reversal Occurs”. Let’s take a look at the hourly chart: Two days ago, when SPX did that bearish candle in the daily chart the price was just doing a pullback in the hourly chart. That’s why is so important to look at different timeframes . But what’s incredible is that the same thing happened before, on Apr 28, and I warned about it too. Again, all the links bellow. But, what now? The real challenge here is to surpass the pink line in the daily chart, because that would trigger a pivot. Also look at the weekly chart: If we close above the 61.8% fib retracement it will be perfect. Maybe a V pattern in the weekly chart? That’s too optimistic in my opinion but yes, it's possible. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
10
Bottom of RSI channel + Fib confluence in NOKIAHi everyone. Trying my hand at stonks again., Nokia is showing a number of potential reversal signals. For starters, Nokia gapped down and held the 0.886 Fibonacci retracement from the July 2012 correction rally. After that rally, Nokia had what I believe to be an ABC retracement downwards, with a target for "C" being $2.42. This correction sequence in my opinion is very reminiscent to a 3-3-5 Elliott Wave correction. 3 Waves up, 3 waves down, 5 waves up which would complete the bullish correction. If indeed we are looking at a 3-3-5 bullish correction sequence, we are either on the very last, or close to the very last wave downwards for this asset. Next would in theory be a powerful 5 wave impulse upwards to complete the 5 waves of the 3-3-5 correction. My opinion for the measurement of the "C" wave of this final 3 ABC series is located at $2.42. The local low so far this past trading week is $2.34. We can see that there was a fairly sizable bullish candle after touching the 0.886 and 1.618 "C" wave retracement. In the RSI, notice how the bottom of the channel was respected. This has also now printed bullish divergence in the weekly chart from late 2019. With Fibonacci, we now know that we have a potential "C" wave having completed at $2.42, as well as a bullish 0.886 retracement at roughly the same price range. Confluence! On the 30m, we can clearly see the reactions that were present when these levels were hit: The daily is showing 4 tests of the 0.886 and 1.618 retracements. The weekly RSI channel on the daily is showing that we briefly dipped below support, but were able to re-enter back above both oversold and the channel support. There is some bullish divergence from the 12th of March. This has been accompanied by heavily increasing overall volume. Currently, price is showing a spinning top doji after breaking above a triple top. The price increased from bottom to top by 20%. The Chaikin Money Flow indicator is showing consistent higher lows since late Oct 2016. These higher lows are accompanied by lower highs, which is in turn forming a symmetrical triangel. There are 3 touches of support and 3 touches of resistance so far. To validate a symmetrical triangle, rule of thumb is 3 touches each on both support and resistance. This will cause a very powerful move, whichever way it breaks. There is also a potential bullish falling wedge forming from Q2 2018. On this time frame we are only 3 points away from entering the accumulation portion of this indicator. Weekly MACD is looking somewhat neutral. There have been consistent lower lows and lower highs since mid 2017. There is a flag-like channel the MACD has been following, similar to the RSI. Interestingly, a very peculiar situation in the MACD histogram, however. There is a very strong bullish divergence in this recent drop versus the one that took place in November. Like the weekly CMF indicator, there is a potential bullish falling wedge forming as well. By the way. I did an analysis on Gold back in April of last year. Coming up on 1 year from the day I made it, gold is so far doing (almost) exactly what I thought it would. If Gold falls back down for a re-test of $1,350, it could mean that stocks are very near a potential bottom. Gold is also printing a descending triangle, and is currently facing rather strong resistance in the RSI. Consider how much fear there is in the market right now. Consider how hard and how quickly we dumped, 35%!!! IN WEEKS! The strongest and fastest drop in literal history. Also keep in mind- Wuhan and mainland china are now peaking in CV19 cases. And last but not least- just how many shorts and puts do you think there are? nokia's have a wide reputation for being INDESTRUCIBLE. This asset is literally screaming bull flags everywhere. wtf America?
NYSE:NOKLong
by UnknownUnicorn5836947
3
SPX - The day after the bears bled.Now, after the bears bleed yesterday, we see another pullback. Like I said in my last analysis, there’s nothing here that tells me the trend will change. I’ll say the 6th tenet of Dow Theory again: “Trends Persist Until a Clear Reversal Occurs”. Until then, it’s a bullish trend. Now, what would make me change my mind? Simple, if the price loses that light blue line in the chart would trigger an alert in my head. Also, I like to check the hourly chart for some insights: See that blue line, indicating an upward trendline? If the price closes under that line, I’ll be alert too. Meanwhile, there are no technical reason to buy, neither to short, because you take the risk of losing some money (like yesterday’s bear trap). I prefer to wait for some confirmation, calmly, patiently, like a sniper. Check out my last SPX analysis here: Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
5
SPX - We warned about the bear trap.Hello investors! Yesterday, I saw some traders calling it a short opportunity, but we already knew it was a bear trap. Just as I said in my last analysis, SPX resumed its trend and yesterday was only a healthy, necessary pullback for the price “take a rest” and go up again. How we knew it was not time to short yet? Well, it just did a pivot at the hourly chart, and the price found support in both the light blue line (previous top) and the 21 ema. That means yesterday was only a pullback. Hourly chart: We should be very careful and remember the Dow Theory’s 6th tenet: Trends Persist Until a Clear Reversal Occurs. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
12
XRP/USD you must buy on this Support!Hello traders, XRP/USD made an Bear trap at this important support level, after head and sholders reversal and goes back above this support level, the price breaks the resistance and made a pullback to test as support and the bulls are holding the price above this level, so we are bullish on XRP, every buy you made on this support will be a good buy. Our medium term objective is the next Importante Resistance level, witch that means we believe on future upside on XRP/USD of 65% Please support this publication with your like. You are welcome to follow us on the Tradingview. Best regard Sandro and Gustavo.
KRAKEN:XRPUSDLong
by MarketMinds