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Bearish Patterns

17/08/26 Weekly OutlookLast weeks high: $65,393.94 Last weeks low: $62,539.20 Midpoint: $63,966.57 Last week faded from the $65,393 high down to the $62,539 weekly low on an in-line-CPI sell-the-news event. July CPI landed in-line (3.4% headline), trimming September hike odds to ~38% but offering no breakout fuel. The low held and BTC is now bouncing, reclaiming the $63,252 (0.25) level and eyeing the $63,966 midpoint. The low time frame is apathetic and low-volume, perpetual futures activity hit a three-year low
BINANCE:BTCUSDT
by ProR35
HYPE — Breakout or Savage Shakeout?HYPE is currently testing the 0.786 local Fibonacci retracement, which is a critical level to watch. Price has already broken out of a large pennant pattern and came back to backtest the breakout cleanly. At the same time, a potentially much larger ascending triangle appears to be forming, giving the structure an interesting bullish setup. The key question is what happens here. If HYPE can reclaim and hold above the 0.786, I think the next leg higher could begin quickly, with the higher Fibon
PYTH:HYPEUSDLong
by thatsavibe_eth
1
AUD/JPY SHORT FROM RESISTANCE Hello, Friends! AUD/JPY is making a bullish rebound on the 9H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 111.761 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
US Dollar Index (DXY) Extends Weakness as Bearish Trend ResumesAs expected this week, the US Dollar Index (DXY) continues to weaken as US Treasury bonds recover on growing expectations that the Federal Reserve will keep interest rates unchanged. At the same time, strong gains in global equities are reinforcing a risk-on environment, further reducing demand for the safe-haven US dollar. From an Elliott Wave perspective, DXY appears to have completed a projected abc irregular flat, or alternatively a more complex wxy correction, in wave "iv". The latest down
CAPITALCOM:DXY
by ew-forecast
1
NZD/USD BEST PLACE TO SELL FROM|SHORT Hello, Friends! NZD/USD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.582 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my
Short
by EliteTradingSignals
1
NZD/CHF LONG FROM SUPPORT Hello, Friends! NZD/CHF pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.477 area. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysi
Short
by EliteTradingSignals
1
Bitcoin to continue it's decline!on 30 minute timeframe there is a presence of declining channel, which price is following religiously and seems like prominent way through which we could figure out the up coming moves on BTC. Currently price can be seen taking support of the channels lower boundary and expected to show an up-move which might lead price to retest the level of 63600 or the upper boundary of the channel, however taking longs could be avoided as over all trend is bearish & taking shorts would have better odds of s
COINBASE:BTCUSDShort
by CrazyTrades247
Silver(XAGUSD) Retracement began for the silver? Price has faced multiple rejections form R3 ~66.314, after facing rejection from strong resistance, it had consolidated within R-2 and R-1 and there after broke below the R-1, breakout below the bullish trendline was a significant structural shift, now it's expected to continue in the lower direction. S-1 is currently showing strength and supporting the price move, if that is breached it could directly retest S-2 (62.991) levels. After a week long one sided up move, trend was clearly showing s
OANDA:XAGUSDShort
by CrazyTrades247
Evaluating Potential Reversal Conditions Near Major SupportMarket Context & Structural Alignment The EUR/USD pair is currently approaching a critical technical pivot after pulling back from its recent swing highs. As price action gradually stabilizes around key structural demand levels, broader market dynamics suggest that short-term selling pressure is beginning to fade, opening up a potential opportunity for a bullish rotation toward upper resistance boundaries. Rather than entering market orders prematurely or attempting to catch a falling price wa
BITSTAMP:BTCUSD
by TricksterTrader
Gold (XAUUSD) Retracement started, declines to continue!Price has faced multiple rejections form R1 ~4435, after facing rejection from strong resistance, it had consolidated within R-1 and S-1 and there after broke below the S-1 and a bullish trendline, expected to continue it's decline S-3 might act as strong support but, if that is breached it could directly retest 4300 levels. After a week long one sided up move, trend was clearly showing signs of exhaustion, inability to achieve newer highs had made the price structure fragile. Bearish sentime
OANDA:XAUUSDShort
by CrazyTrades247
4
USDJPY Continues Higher Within Corrective RecoveryUSDJPY continues to follow the projected three-wave (A)(B)(C) corrective recovery as shared back on August 6, with wave (C) still appearing to be in progress. The recent price action remains constructive, despite the brief slowdown seen yesterday after the softer-than-expected US CPI report. From an Elliott Wave perspective, the pullback appears to be a subwave 4 correction within the ongoing wave (C), rather than the start of a larger reversal. As long as the current structure remains intact,
by ew-forecast
GBP/JPY SELLERS WILL DOMINATE THE MARKET|SHORT Hello, Friends! GBP/JPY is making a bullish rebound on the 4H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 211.518 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1