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Bearish Flag

Bearish Flag PatternBearish Flag Pattern Forming In NIFTY50 A bear flag is a technical pattern that provides an extension/continuation to an existing downward trend. The bear flag formation is underlined from an initial strong directional move down, followed by a consolidation channel in an upwards direction (see image below). The strong move down is known as the ‘flagpole’ whilst the consolidation is referred to as the ‘flag’ itself. Bear flag formation summary Preceding downtrend (flag pole) Identify upward sloping consolidation (bear flag) If the retracement becomes higher than 50%, it may not be a flag pattern. Ideally, we’ll see the retracement be less than 38% Enter at top of the flag or on a breakout below the low of the lower channel Look for prices to break lower with a length equal to the size of the flag pole
NSE:NIFTYShort
by prajwalasp
Banknifty1. global sentiment negative 2. war was not end (Chart Shows Bear Flag ) (2 days Consolidation ) 1.IF Tomorrow gap up 15 min candle should be green or if touches support .. if we can see the price action for buying side and buy the CE and exit at the target price 2.If Open in flat wait for the range break Up side or downside the take the trade 3.if gap down cross 32324.50 wait For close the 5 min or 15 min candle the crossed 32324.50 buy the Pe and wait for the target But as per logic . every time reversal it will take consolidation 60% win rate for up check the previous data dates 17 march 2022 dates 13 may 2022 Note . this just prediction. market can happen anything
NSE:BANKNIFTY
by tarunkumar1996
Bearish Structure with Bearish Pole and FlagImportant SR levels Update based on volume profile analysis for NSE:LT Hello Trader. If you like the idea, do not forget to support with a like and follow. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing . #supportandresistance #volumeprofileanalysis #stockmarketindia #LT
NSE:LTShort
by Ami8singh
BTC wait for longs and shortsAs, we see BTC/USDT has been consolidating from last 14 days, so 1) If BTC/USDT breaks green trendline than it would be good to short on retest, and it is also forming a flag pattern (which is a continuation pattern) so we might see big correction with minimum 10% of move downside 2) But if bulls manage to break out of this kind of side-wise trend than it will show big move upside So, huge moves are coming, if we break this sidewise trend (probably downside) price might consolidate(or retest or take pullback) before breaking out (Don't open any position on wick) (Don't take trades based on this idea, even I don't trade according to my idea) (Do your own analysis) (NOT A financial advice) (High chances of loss if you follow my idea)
Short
by Aayush_Ganjawala
BTC with a lack of volumeBTC retested the diagonal support but with a lack of volume (check the last green candle though) I'm looking forward to how this will play out, but it's not a good sign imo. It could hint on some more downside before potentially going up. I'm personally still bearish on the lower timeframes (including the 4h). That's why I'm also shorting this one. Doesn't matter how one would look at it, bearflag or falling wedge, bearish or bullish, but this indicates nothing good imo.
FTX:BTCPERPShort
by Awinish
BankNifty Analysis for Upcoming Weeks Hi Friends, Pranam, Now we are going to analysis the BankNifty for coming weeks: In Weekly TF: Refer the Image, 1. Bearish Flag Pattern evidence 2. Index Closed in Support 3. Dynamic Support was in the range of 34435.13 & 32611.27 as per EMA50 & EMA79 4. MACD was Flatten 5. Stochastic RSI as per my View was nearing oversold Range. 6. ATR was average. Long Term trend is Bullish as per EMA200. In Daily TF: 1. Falling Wedge Pattern formed 2. BankNifty was in the support zone. 3. Index was taken the dynamic support 38394.41 and 37639.12 as per EMA50 & EMA79. 4. MACD was Bearish 5. Stochastic RSI was oversold Range. 6. ATR was average. 7. CPR was Bullish Bias Long Term Trend is Bullish as per EMA200. In 1hr TF: 1. Descending Triangle Pattern formed. 2. Bank nifty was taken support and traded near the trendline of the triangle. 3. Dynamic Resistance was at range of 39124.25 and 39283.90 as per EMA50 & EMA79 4. MACD was Bullish 5. Stochastic RSI as nearing Overbought zone 6. ATR was down. 7. CPR was Bearish Bias. Long Term Trend is Bearish as per EMA200. Conclusion: Trend was in Downside as per 1hr TF. Retracement candle was very small. For Short Term BankNifty will be in downside if brakes the support zone of 38400. Disclaimer: Kindly do your own analysis before executing the trade.
NSE:BANKNIFTYShort
by Caapinves