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Bearish Patterns

EURJPY Pullback reversal, continued down-move to follow!This up trending move is basically the pullback which came after the huge bearish candles that we saw forming on 30 July - 3 Aug, which has broken below some of the most significant supports. This up-move is kind of topped out at the presence of 0.382 fib retracement level. This up-move itself seems like loosing the flair and had also given a breakout below 182.098, immediate resistance is at 182.694. we are expecting a continued down form here and price is expected to form newer low than previ
Short
by CrazyTrades247
USDollar In A Corrective Recovery Ahead of NFP Before WeaknessGood morning, traders! The U.S. Dollar Index ( TVC:DXY ) is recovering on an intraday basis after recent weakness, and the current structure suggests that further upside could still unfold in the short term. Ideally, the ongoing recovery could develop as wave (c) of an (a)(b)(c) correction within wave "iv". If this scenario plays out, the dollar could retest the 100.0 psychological resistance level before the corrective recovery is completed and the broader downside resumes within wave "v". The
CAPITALCOM:DXY
by ew-forecast
USD/JPY BEARS ARE STRONG HERE|SHORT Hello, Friends! USD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 156.349 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/JPY pair. 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 IDE
Short
by EliteTradingSignals
1
GBP/USD BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! GBP/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently 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 1.340 because the pair is 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 i
Short
by EliteTradingSignals
2
USDJPY:BoJ Intervention Triggers Sell-Off As Correction DevelopsUSDJPY has finally turned sharply to the downside, likely following BoJ intervention. We have seen a strong decline from the 164 area, and because this move unfolded aggressively within a very short period of time, we assume that an important top is already in place. This view was confirmed after price broke below the trendline support extending from the triangle pattern and, more importantly, below the 162.65 support level. The market is now stabilizing and recovering from the 155 area, sugges
by ew-forecast
GBP/AUD BEARS ARE STRONG HERE|SHORT Hello, Friends! GBP/AUD pair is in the uptrend because previous week’s candle is green, while the price is evidently 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 1.911 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
AUD/CAD BEARS ARE GAINING STRENGTH|SHORT Hello, Friends! AUD/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.980 area. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in
Short
by EliteTradingSignals
1
EUR/NZD BEARS ARE STRONG HERE|SHORT Hello, Friends! EUR/NZD 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 1.959 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
EUR/GBP BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! The BB upper band is nearby so EUR-GBP is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.854. 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
AUD/CHF BEARS ARE GAINING STRENGTH|SHORT Hello, Friends! Bearish trend on AUD/CHF, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 0.566. 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
Bitcoin Outlook, Setup and important levels for today!After consolidating below the bearish trendline trying to give breakout above it, and seriously threatening the bearish structure, currently consolidating above the trendline, 64190 is immediate resistance and 63250 is immediate support, expected to continue its consolidation and then give breakout above the R-1 64190, upon breakout we can initiate Long entries with Stoploss of 63250. however since BTC is at a junction where we cannot even rule-out the possibilities of bearish moves as well. so
COINBASE:BTCUSDLong
by CrazyTrades247
NZD/CAD BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! NZD-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.818 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD-CAD pair. 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
NZDJPY - Range Resistance Back in FocusNZDJPY has been trading within a broad range, with price repeatedly reacting to its upper and lower boundaries. 📊 Price is now approaching the upper bound of the range, where a strong resistance zone has rejected buyers on multiple occasions. 📌 As long as this resistance zone continues to hold, we will be looking for short setups, anticipating another move back toward the lower half of the range. As always, rather than selling blindly into resistance, we will wait for bearish confirmation bef
Short
by TheSignalyst
5