EURJPY 4h analysis 🦐EURJPY on the 4h chart after the last impulse created a minor channel for the retracement.
The price is currently breaking above after touching the 0.382 fib level.
If the market will break and close above the structure we will set a nice long order according to Plancton' strategy.
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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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Bullflags
WRI bull flagLooks like a bull flag. I'll try to get in at $21.90 and hopefully sell at around $24.
Analysts seem to like it
USOIL for a 2nd Flag? 🦐USOIL after our last analysis broke the 1 st flag and moved above the structure at 45.50 and currently retesting it.
The price after the break retests the 0.5 fib level of the previous impulse exactly over the support.
IF the market will move as in the drawings with a nice bullish impulse we will be ready to place a nice long order according to Plancton's strategy.
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
AUDNZD on a bull flag ? 🦐AUDNZD after the attempt to break the 1.05500 started a minor retracement move.
The price touches the support area at 1.05150 over the 0.382 fib level and bounces over it.
IF the market will break above the upper trendline we can set a nice long order according to Plancton's strategy.
–––––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together
$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 😉
USOIL on a bull flag 🦐USOIL ofter the nice bullish impulse, broke above the monthly resistance structure at the 45 level.
The price from there created a minor retracement inside a descending channel.
IF the price will break and close above the resistance structure and consequently break the channel, we will set a nice long order according to Plancton's strategy.
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
How to properly trade a Bull Flag on Bitcoin What we are observing is a vertical rise in BTC followed by a visible period of consolidation. Bullish flags like that are typically common in strong uptrends - hence the "pole" part of the flag 'pole'.. No doubt we are observing the continued accumulation of BTC by some large players.
The drop appears to continue to be bought back up by bulls who continue to defend 18.7k - 19k - on a small scale the strong defense almost appears like a "double bottom".
What would invalidate this is if it were to form a pennant, or simply were to break the lowest low.
During a period of consolidation of a bull flag, one is supposed to investigate volume. In periods of consolidation volume should be dropping, and dry up the formation of the flag takes place. If the price was not moving downward off the highest high, we would not in conjunction with the avg volume dropping think much of it, but the price is indeed slowing downward, following the preceding uptrend (flag pole.)
If you are still for some reason not in a BTC position the best way to enter into the position would be to enter at the bottom of the flag, or if you are more conservative off the breakout when price moves above the high of the upper channel trend line. If we are using fibbanci's in conjunction with this we are looking for a pullback ideally off the 0.618 which incidentally is where price recently strong found support. Chart containing this visual is below.
If the price breaks out, one should expect the price to not find resistance till it moves roughly up the equal mass of the initial flag pole. The initial flag pole was 22% in this 4hr chart.
Final comment is that the EMA is clearly indicating a return to a bullish trend with support confirming the appearance of sideways accumulation following the bullish breakout.
Good fortunes to you traders! Please let me know if you trade bull flags or bitcoin differently, or if you think there is a different way to interpret this chart!
And please hit follow so I can share more of my charts with you!
Giant bullish flag or Descending Triangle for APHA.APHA is trading back into a Macro Bullish Flag or Descending Triangle drawn in dark blue, we have seen a fake-out to the downside where I have the blue human body icon, this is potentially forming an inverted H&S, and at the same time APHA is trading back into the Macro pattern, which started becoming bearish Jan 2018 during the hype before Canadian Rec.
The KST wants to crossover bullishly, but is being rejected for the time being, you need to zoom in close to get a better view.
Potential merit for a Ascending Triangle on the RSI.
Z makring bull flag/rising triangleIt looks like a bull flag or rising triangle or rising wedge. Right now it's at the bottom of it. It's holding on pretty well. Hopefully it'll continue on upward tomorrow.
I decided to get in at $106.50 today because I want to take advantage of the whole market being slightly down.
BAJAJ FINSERVE - Bull Flag Pattern breakout - 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 fundamentally strong
It has given volume supported breakout after consolidation phase.
Also such huge volumes have come in stock which shows that stock is not going to stop at life time high but will make new high.
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.
IIPR in a textbook bull flag!Someone told me this was on their watchlist, and sweet jeebus! This thing is textbook. Price target is 190 by Christmas.
It seems like we've got 2 days of consolidation, but I think the Jan 15, 170 or 175 call would be a very safe play. It's sitting somewhere around $2.50 right now.
Watch for the 'wave e' maybe done to 150.60. It's a 100% buy if we head over that fib at 152.73 with just a bit of volume.
I'm 100% playing this with just a few contracts to start. Setting my alerts now!
Stoploss around $147.70 (your option would prob lose about 40%).
I haven't done a fib extension or anything because it's like...what is, work? Do you want me to work for this? No, I do stocks because I don't WANT to work. Amiright? Ain't nobody got time for that!
Giant Bullish Flag for OSTK?On the KST there's a noticeable bullish cross where I have placed the blue finger.
On the RSI there has been a higher high for the first time since the blow-off top in the middle of August, rather bullish in my opinion.
Theta Token Bull FlagTHETA/USDT Daily Timeframe, Bull Flag.
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
xrp/usd bullflag ?Just for fun, i have non idea of what i'm doing
Xrp already made un great rally last week
Time for correction or it continues ?
i just look macd et rsi, i'm not a trader...
it seems to make a bullflag ?
If xrp continues go up this time, i think we could see huge gains.
what do you think ?