ROSEUSDT created a bull flag 🦐ROSEUSDT created a bull flag and had a breakout. Now the price is testing daily support, if the price will have a breakout from 4h resistance and retest it as new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Bullflagpattern
BAJAJ-HOLDING -- Bull Flag Breakout - Swing TradeThis analysis is purely based on price action and chart pattern.
Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades.
Analysis & Strategy along with logic is explained in image itself. Entry can be taken at CMP to 3060 range.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Feel Free to comment for any suggestion or query about chart study / price action analysis.
check out other stocks with similar pattern breakout in below links --
Daily USO - The road to 50 and beyondPossible Bull Flag now in play
Using 4 hr and Weekly
USO has come down a bit, offering traders and investors a chance to pick up Energy Equities or Oil itself at a discount to last week's nosebleed prices. Next hurdle if 47.84 is breached with strength, would be 51.23, which is the 200 W EMA when looking weekly chart. I should not be switching time frames, but we are now above the 200 Daily EMA, I'm going to call it legit. Not for the feint of heart this week. Prices can still go lower. I would consider 41.38 as absolutely critical last chance support on the Daily if the wheels come off in the next few weeks. Near-term support is 45.97 (50 EMA on the 4-hr). Distribution (selling) occurred at 47.40 which is at the top of the flag formation for today.
I am holding oil & gas equities, along with a leveraged oil ETF (bought at significantly lower prices) and I am not looking to sell, as these are all long-term holds. No interest in adding to the leveraged Oil ETF as it does not pay me, holding for above 50 at the least and I will see where it goes from there, long-term target could be as high as 70, but this could take months. I am using the RSI, and I am tracking what might be the hint of bearish divergence, but not on larger time-frames.
EURUSD is creating a bull flag 🦐EURUSD is creating a bull flag on 4h. the price had a false breakout.
IF and on IF the price will have a new breakout and confirm the previous resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order
Monthly
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
JUST DIAL - Bull Flag (Breakout awaited) - Swing TradeThis analysis is done purely on basis of price action and chart patterns
Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target.
Stock is at good consolidation phase and it can be accumulated between CMP and 590 levels.
Trade Strategy as well as SL is given in the image itself.
Target levels are also mentioned in the image itself.
For better clarity on target levels, pls check the second image attached below
This is not a trade recommendation. Do your own study before entering into any trade.
Trade with your own risk & money management.
Feel Free to comment for any query or suggestion.
Bull Flag Forming on XRP 1hr chart?Channel formed with decreasing volume after a high volume bullish impulse. Suggests a bull flag and is confluent with increasing buy pressure from the airdrop hype. Longing at support drawn or at the bottom taps of the channel to reap the potential rewards from a strong rally towards Saturday doesn't seem like a bad idea. Invalidation at clear breakdown of the channel and of support.
ICICIBANK - Bull Flag formation- Intraday/Short Term TradeThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade logic with SL and Target is explained in image itself.
Don't chase the price.
Always plan your trade & trade your plan
Check the idea of ICICIBANK Bull Flag Pattern Breakout on Daily TF linked below.
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
$PBH bull flag pattern complete2nd bull flag appearance for $PBH with 4 months in the making. I bought in on the fakeout @ (3 Nov) and holding til $19.
Topped up just before the breakout. How do I know it's not another fakeout? I used a combination of indicators: Volume, MACD and RSI divergence which isn't shown.
Low risk/high reward.. Just my type 😉
BHARTI AIRTEL - Bull Flag Breakout - Intraday/Very Short TermThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade logic with SL and Target is explained in image itself.
Check the idea linked below to understand the Breakout on Daily Time Frame.
Entry can be made above the high of breakout candle or wait for any retest.
Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
TATAPOWER - Breakout - Intraday/Very Short Term TradeThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade logic with SL and Target is explained in image itself.
Check the idea linked below to understand the Breakout on Daily Time Frame.
Entry can be made above the high of breakout candle on reversal signs.
Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
SAGAR CEMENT - Bull Flag Pattern - Swing TradeThis analysis is done purely on basis of price action and chart patterns.
The analysis is done on weekly TF hence it can take couple of days to couple of weeks to reach the target.
Logic, SL and Target is shown in image itself.
This analysis is for study purpose. Traders must do their own study before entering into any trade. Traders should trade with their own risk capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis
AXISBANK - Bull Flag - Breakout awaited - SwingThis analysis is done purely on basis of price action and chart patterns
Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target
Stock is at good consolidation phase and it can be accumulated with small SL below 590.
Stock is fundamentally strong.
This is not a trade recommendation. Do your own study before entering into any trade.
Trade with your own risk & money management.
Feel Free to comment for any query or suggestion.
Do check similar pattern in LT. Link is shared below
XRP potentially making giant bullflagI noticed that the pattern XRP is making is potentially the start of a symmetrical triangle (bullflag). This would mean we are to see increasingly narrow sideways trading within the confines of this range. The time frame for this pattern to complete would be considerable, but if it is to play out this way the long/short targets would spell out with relative ease.
Gold Elliot Wave Corrective Phase Finishing. Going Long Soon.Fairly self explanatory this time, read more from previous ideas on gold if not clear.
Wait for a good resumption up with hopefully bullish candlesticks, as the bottom of this isn't super clear. It could be a Bull Flag pattern too so that is a possible target for the bottom and also gives us an upside target for a swing trade if it plays out.
HIVEUSDT is creating a bullish flag 🦐HIVEUSDT is creating a bullish flag, we will wait for a breakout upwards. According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.