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Bullflags

IOTAUSDT is creating a bull flag 🦐$IOTA.X after a nice bullish impulse, the price is creating a bullflag below the weekly resistance. We are waiting for the nice breakout, the pullback anche According to Plancton's strategy (check our Academy), 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.
Long
by InkyGrip
14
GBPNZD on a bull flag? 🦐GBPNZD after a double bottom over a monthly trendline tested the resistance area at 1.91500 and retraced inside a bull flag . The market bounces exactly over a weekly support and created a strong impulse on the last trading day of the week. According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long 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
Long
by InkyGrip
16
TLRY - Bull Flag (Etoro Portfolio)Marijuana Stock rally as Jazz Pharma agrees to buy CBD maker, we used technical analysis to find out which has entry trade signal. Having a strong uptrend since Dec 2020, forming a bull flag and build up approx. 2 weeks. Break out on 2 of Feb 2021, RSI and Stoch. indicators also level at above 50% as confirmation trend in bullish. I have trade at price 18.11 (can refer to Etoro), next day price open gap jump up. Used Fibonacci Extension to project 1.618 and 2.0 as taking profit level. ===================================================================================================================== I will be popular investor in Etoro, take a look of my portfolio and copy me to start the trading journey. My Etoro Profile: www.etoro.com Etoro Registeration Link: etoro.tw
NASDAQ:TLRY
by ginlin84
IOSTUSDT is creating a bullflag 🦐$IOST.X is testing the weekly resistance inside a nice bullflag. If the price will have a breakout upward, According to Plancton's strategy (check our Academy), 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.
Long
by InkyGrip
8
GBPNZD on a bull flag 🦐GBPNZD on the daily chart after a double bottom over a monthly trendline tested the resistance area at 1.91500 and retraced inside a bull flag. The market bounces exactly over a weekly support and created a strong impulse on the last trading day of the week. According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long 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.
Long
by InkyGrip
12
ZOM - impressive price actionZOM broke out of a 22 months resistence @ 0.50 with a Breakaway Gap on 11 Jan (after some stealth accumulation for 2 months prior). Breakqway gaps occurs at the start of a trend and do not get filled (until one fine day when the stock finally turned bearish). The stock has been trending nicely since, with a bull flag consolidation in the past few weeks before another strong move up yesterday. For those who have yet to stake into this stock, it is difficult to wait for a pullback (which may or not may not happen before it goes much higher). For those who do not mind taking calculated risk, consider to dip your toes in from 1.30-1.50, with initial stop several ticks below yesterday's large candle's low @ 1.16. Position size accordingly to cater for this wide initial stop loss. Near term target of 1.75 (some resistence around here) should be pretty achievable and the longer term, I feel that 2.98 is definitely plausible. Protect profits with trailing stops at pivot lows on the way up! Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
AMEX:ZOMLong
by Juliac
1
Bitcoin Bull FlagMeasure Rule for price targes: Compute the height from the start of the price swing to the end of the price swing and then multiply it by the above “percentage meeting price target.” Add it (upward breakouts) to the bottom of the flag or subtract it (downward breakouts) from the top of the flag to get the price target. Also from Tom Bukowski: "If the flag appears above (upward breakouts) or below (downward breakouts) a flat base then expect the move to be a large one." Break even failure rate for up/down breakouts: 44%/45% Average rise/decline: 9%/8% *Performance results for flags are based on the short-term price swing, not the change from the breakout to the ultimate high or low as in most other chart patterns. Percentage meeting price target for up/down breakouts: 46%/46% Price Trend: Can be any direction leading to the chart pattern. Shape: Looks like a small rectangle often tilted against the prevailing price trend. Trend Lines: Price moves between two parallel, or near parallel, trendlines. Flagpole: The flagpole which leads to the flag should be unusually steep and last several days. Volume: Downward trend 74% (up breakouts) to 77% (down breakouts) of the time. Breakout: Upward 60% of the time.
BITSTAMP:BTCUSDLong
by ZenMode
4
The Bitcoin Bull Flag - Either it will, or it won'tBitcoin has clearly broken out of this Bull Flag and if the close on 1/31/2021 stays above the flag the price should continue North. There are a lot of opinions out there with all that is going on but I'm sticking to my faith in where Bitcoin is ultimately going. Since Michelle Saylor thinks the same way I believe I am in good company. This next coming week should be very exciting for Bitcoin. Are you in or out? I'm in!!!! Good luck. BBS Out.
COINBASE:BTCUSDLong
by BitcoinBearSlayer
4
Are We Entering Wave 3 of 5? - Bull Flag PendingHello Traders, Firstly, we can see a nice bull flag structure shaping up here on the AUDJPY and the AUDUSD. The EURAUD also looks like a potential SELL opportunity. We can see a nice 5 wave structure higher followed by an ABC correction, this suggests we could be entering the next wave, which will be wave 3 of 5. Are we entering a final push higher before a larger correction across risk assets? Let us know your thoughts or comments below.
Long
by ALVIU