🟢🟢(GBP USD channel pattern breakout support level) short analyHello traders what do you think about GBP USD)
Technical analysis 🟢
traders are you looking 👀 big support channel patterns breakout? GBP USD 🟢
breakout support level 1.26000
retest support level pullback momentum bearish candle
1.24919)🟡 FX:GBPUSD
Short analysis signals 💯
FX:GBPUSD
Safe trade ❤🙏 plaes like ❣️ and comments follow next analysis 😀
Bearishmomentum
SEIUSDTSEIUSDT is in strong bearish trend and also form bearish flag pattern. Recently the instrument has break through important support zone.
Now the price is trading within the bearish flag and seems like it getting ready to break it.
Will the sellers took benefits from these bearish confluences?
📈Bitcoin price correction / Targets for the Bearish market📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. Let's make it simple.
Bitcoin will retest lower levels around 43K. (But the most important dynamic level is the Daily Bollinger midline.)
If the price breaks below the specified area, Bitcoin can fall towards lower targets of $40,000 to around $37,500.
Many analysts are predicting a sell-off after the approval of the Bitcoin ETF.("Sell the news")
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GBPNZDIs GBPNZD exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 2.0300.
What you guys think of it?
📉🐻 Ethereum Targets: $1630 & $1200 in Bear Push 🎯💥The Ethereum (ETH) cryptocurrency has recently reached a point of resistance, which is similar to what we have observed on the Bitcoin (BTC) chart. This development suggests that the crypto market could face a period of significant decline or bearish trend in the near future.
Target 1: 1630
Target 2: 1200
Bearish Outlook on EURUSD ContinuesHi Traders!
EURUSD continues its bearish outlook as the market is now in a descending channel.
Here are the details:
After the double top on the higher timeframe idea (see link below), the market looks to have run out of steam to break the resistance level, which provides additional opportunities for short entries to target the support level at 1.08860.
We are now looking for a break and a close below the 20 EMA for a confirmation signal.
Preferred Direction: Sell
Entry Level: 1.09612
Stop Level: 1.09986
Target Level: 1.08860
Technical Indicators: 20 EMA
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BluetonaFX
💥🔥 gold triple top Bearish) Pattern) 1D tame frame)⏰⏰Hello traders what do you think about gold?
traders gold now see a triple
Top (Bearish pattern channels
In trading.a triple top pattern is
a bearish chart pattern that indicates a potential trend 📉 reversel from an uptrend to a downtrend lt is characterized by Three conservative peaks (or highs) that are approximately equal; following by a price breakdown below a support levels.
Key levels 2000)
Key levels 1965)
Key levels 1933)
🔥EURUSD BEARISH ANALYSIS 💥💥Hello traders what do you think about euousd)?
traders euousd breakout trade line support levels Rsl retet To lower high Rsl now waiting for retest same Rsl? Now see I will down 👇 support levels ✅
Key levels 1.07948
Key levels 1.06500
Key levels 1.05500
💵 steady, euro soft as traders wager rate cuts to begin in Q1
Dec 6, 202314:19 GMT+5
The dollar held near a two-week high on Wednesday, while the euro was weak across the board as markets ramped up bets that the European Central Bank will cut interest rates as early as March.
The euro
EURUSD
was down 0.1% against the dollar at $1.0783, after touching a three-week low of $1.0775, as markets adjust rate expectations lower following soft data and dovish central commentary.
The single currency was also at a three-month low against the pound
EURGBP
, a five-week low versus the yen
EURJPY
and a 6-1/2 week low against the Swiss franc
EURCHF
.
"The story in currency markets is mostly about a softer euro," said Niels Christensen, chief analyst at Nordea.
"Yesterday's comments from ECB's Schnabel supported the market view of early rate cuts."
Influential policy-maker Isabel Schnabel on Tuesday told Reuters that further interest rate hikes could be taken off the table given a "remarkable" fall in inflation.
Markets are now placing around an 85% chance that the ECB cuts interest rates at the March meeting, with almost 150 basis points worth of cuts priced by the end of next year.
LINKUSDTLINKUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 13.70 followed by 12.50 region.
What you guys think of this idea?
JPM - The banking crisis is not overBesides the obvious head & shoulders, as you increase the timeline from 1M to 2, 3 or 6M the more horrendous it gets.
Massive bearish divergence in RSI.
Price being rejected at the 25 MA, that will most likely lead to a death cross
MACD being rejected at the signal line after the inflated march 2020 pump (looking even more rubbish at higher timeframes)
PPO printing a bearish alert for the first time in its history at 6M (not shown)
I think it will fall to the 0.786 retracement /400 monthly MA / previous top of 50$ minimum . It can go much lower as the MACD suggests, but a 70% is a common retracement for a JP Morgan bear trend and every time it enters a bearish market a retracement to its previous top and to the monthly 400 MA is a guaranteed target.
I think this won't affect negatively the cryptomarket as some people suggest.
Not so OPtimistic moving forward on OPUSDT. See commentsOP/USDT 1-week: OP is looking weak after the "D" rejection at the upper trendline of this large descending channel. Also notice the inability to cross the 50 level on RSI, highlighted. Fisher descending trendline in effect. A potential bounce to the 1.45-1.60 level should be treated with scrutiny, as the long term picture indicates a prolonged bottoming process that could take us all the way to 0.30-0.35. Fib extension tool confirms this view with 1:618. Crucial support at 0.62 price level and that is the pivot point from Oct '22 as well as 1:1 Fib ext.
For more insight follow PIK at EXMO Study!
AUDNZDAUDNZD is trading in long term bearish channel and respecting well the highs and lows of channel. price formed temporary small bullish channel within large bearish channel but failed to sustain. Currently the pair is retesting the broken support level and it seems like the pair is heading to further downside.
📉🦇Bearish Bat Pattern Sparks Market Fears on Dow Jones! 📉🦇After successfully bagging over +1000 points on a recent Nasdaq buy, it's time to switch gears and follow the bearish trend on Dow Jones. The bearish setup is crystal clear in the 1-hour timeframe, as price has formed a bearish bat pattern - a proven and reliable harmonic pattern with a high winning rate.
The trend reversal has been confirmed by a bearish candlestick: a bearish engulfing, signaling that the late bulls have been trapped and the bears have taken control. The icing on the cake is the impending crossover of the 9 and 21 moving averages, which will intensify the selling pressure. Additionally, the RSI has hit a significantly overbought zone, further indicating a potential sharp fall ahead.
I have my sights set on three take profit levels. First, I'm targeting 34150, where I'll be locking in some profits. Next, I'll be aiming for 33950 as my second take profit level. And finally, my target is set at 33650, as I expect a satisfying drop in price.
Get ready to ride the trend reversal and make the bears dance to your tune! It's time to capitalize on the bearish momentum on Dow Jones! 📉🐻💰
Feel free to share your toughts in the comments section, follow me for updates. And dont forget to press the like button if you think this insight was helpful !🚀
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!