BTC/USD 1M. Moving in ascending channel. Potential bullish flag.BTC/USD on monthly chart is moving in ascending channel.
Right now we have a range moving.
Potentiall bullish flag is forming(if we hold the lower bound of current range ~27000$).
Bullish flag confirms only if support on 27000$ holds and we break out of it to the upper side.
The impulse of this flag is about 500%. If this flag works out - it's target is the resistance of monthly channel ~ 400.000$.
We close the monthly candle below the current support at about 43800$. So now the bias is bearish.
The nearest support is about 35k. It's our nearest objective. If we break below this support - the nearest support is the support of ascending monthly channel ~27000$.
Near this area we also have EMA100, which on that time will be somewhere around there.
However, there lot's of liquidity below this area(27000$), so we can fall below this zone to collect this liquidity(stops, liquidations).
If we fall out of ascending channel, our nearest support is about 14k$.
Bullish Flag
Up, up and away!The coffee futures have broken today the bullish flag, and this derivate on coffee follows the coffee price accordingly. Maybe in the following days, a pullback is possible, reaching 3,71 or the vicinity of the broken trendline below.
According to the seasonality and inflation, I expect a general bullish trend in coffee until the end of the year. But buying this instrument and holding it until the end of the year could be difficult because of the volatility decay. Take care!
ETH Bullish Trading Range!We can see prices trading in a tight range after moving higher. This bull flag pattern is a good sign when it comes to prices moving higher. Let's watch and see how it plays out in the upcoming days!
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
Bullish Flag on XAU/USD @ H4A bullish flag is now visible on the 4-hour chart of the spot XAU/USD pair (gold). It is can play a role of a trend-continuation breakout signal if the price closes significantly above the flag's upper border without invalidating the pattern. The flag and its pole are shown with the yellow lines. My potential take-profit level is marked with the green line (1921.08). My potential stop-loss level is marked with the red line (1886.35).
Watching KAVLKavl is pretty interesting. it clearly did its first accumulation and is holding a pretty nice pennant.
The borrow fee is 588% which is extremely high. Shorting this is very very difficult.
The short is over 30% of the float at 100% utilization.
I think we could see more action here in either direction but something tells me it has strong squeeze power. Its vape stock, that just got its FDA approval back, which was revoked due to fruit flavor "bidi stocks"
GBPUSD LONG ON WEEKLY 2/22/22If price holds orange support zone we have a chance at testing yellow resistance zone.
If Yellow support zone holds we may be able to touch the bottom of light green resistance zone.
Forming an inverse head and shoulders and a bull flag to confirm bullish bias.
Needs a bullish engulfing candle breaking out through the top of the pink channel or near the bottom of the pink channel for a higher risk to reward ratio.
Take profit at top of yellow(0.5 on fib) for low risk , and at the resistance of the light green(.618) for high risk
MacD on the weekly has a bullish cross over
$GDXAs paper money inflates and loses value gold prices rise.
CHART LEGEND:
white dashed lines = bull/bear takeovers
blue lines = call targets
yellow lines = put targets
red line = danger zone
orange lines = trend lines
green lines = safe zone
any other lines add will be discussed with the ticker
AMEX:GDX
$AXPDouble bottom into a bull flag. We should see a little pullback then another break towards ATH. If that doesn't occur look for the stock to fall to the lower levels.
CHART LEGEND:
white dashed lines = bull/bear takeovers
blue lines = call targets
yellow lines = put targets
red line = danger zone
orange lines = trend lines
green lines = safe zone
any other lines add will be discussed with the ticker
NYSE:AXP
GBPUSD-Weekly Market Analysis-Feb22,Wk4A Bullish Shark Pattern trading opportunity present itself at 1.3567 for a trend trading opportunity within the Bullish Flag consolidation zone within the 4-hourly chart.
If you have saw last week video, you would have spotted the trading setup and capture the 116pips(1,160USD) move.
If you missed it, no worries, wait for a 3bar reversal on the 1hourly chart after the Shark Pattern has formed.
Do note that the Shark Pattern can have up to 3 entry zone and a True Shark Pattern trader should have all 3 tries.
BITCOIN 4h Bull Flag Forming!Hi Everyone! 😃
Another quick one also on the 4h BTC Chart.
Please make sure to check out my other Bitcoin idea which I also just posted!
BITCOIN Support & Resistance Levels Identified!
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice.
THANK YOU for your time!
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ZECUSDT - Bull flag pattern long positionZECUSDT Pair
The chart shows a bull flag pattern with a breakout and support retest.
For further continuation of growth, Bitcoin FLAT is also suitable for us!
Goals are indicated on the chart ☑️
Deal (SPOT) - Medium-term
ZECUSDT - Bull flag pattern long position
Consolidation under R- Flag formation & range - 15m Chart In the scenario of breakdown, the range and invalidation of the flag formation is setting up stop loss under the resistance
Backtest of resistance in 15m chart. My entry-level - is 0.2269
If it lost the range stop loss will be accepted
Profit had already been taking at 0.2138
In the case of flag formation successes, the first 0.23 value - 0.25 (weekly level) as max.
Consolidation Under resistance in the short time frame has been observed.
USDCAD - Bullish GartleyAs you can see there are 2 Harmonic Patterns that have the same potential of forming up. Although the Bearish Shark Pattern is about to complete, however, my trading bias is on the Bullish Gartley Pattern.
You may wonder, "Why the Gartley Pattern rather than the Shark Pattern that's going to complete?"
Well, the reason is simple, having the Bullish Gartley formed, it can create a trading combo on the 4-hourly Bullish Flag Pattern. Is that simple.
That gives me the lowest risk and highest return possible.
JICPT| EURJPY bearish daily setup on supplyHello everyone. Happy Chinese New year! I've just been back home from a family trip.
I came out the bearish setup on the following reason:
Weekly: Bullish flag pattern indicates that price might have a pullback for the arrival/violation of the upper boundary line(132.40-133.40).
Daily: After big bullish bars, buyers may be exhausted. In addition, I refined the zone on the daily to reduce the wide space given by the weekly chart.
The below solid space is around 125-126way down by apply anchored vwap or ema.
Trigger: set the alerts to watch the price action then.
What do you think? Give me a like if you're with me. Thank you for your support.