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Bullish Pennant

SHARDACROP - Multiple Patterns breakout - Swing TradeThe above analysis is done purely based on price action and chart patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets Logic as well as the trade setup is shown in image itself. Entry can be made between the range of 285-295. SL and Targets are shown in image itself. The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management. Feel Free to comment for any queries regarding the above stock or price action analysis in general. Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
NSE:SHARDACROPLong
by AdityaKarn90
2
$tsla - bullish pennant, pitchfork confirmation for a move updoesn't take a genius to know they were holding this down pre-earnings. i don't use pitchforks much, but the pitchfork was confirm last week & the length of the flagpole on the pennant aligns perfectly with the top of the pitchfork line. 4 hour chart bullish indicators: - consolidation within the bullish pennant - hidden bullish divergence - bounced perfectly off 50ma last week - macd buy signal incoming other bullish indicators: - over 885, clear skies.. 1K+ can be easily seen - declining volume, higher high on daily - bullish harami candle on weekly at the end of the the day this could all go downhill if earnings go bad. good luck!
NASDAQ:TSLALong
by trayderswift
Bitcoin Shaking Out Weak HandsI will be watching BTC/USD this week to see if it continues the volatility contraction or if it decides to break out of the Bull pennant. Bull Pennant – Bull Pennant Pattern The bull pennant pattern is found within an uptrend in a stock. This pattern is named for the resemblance of a pennant on a pole. The bull pennant is a continuation pattern with narrowing price action following a strong advance. The technical buy point is when price penetrates the upper trend line of the pennant area, ideally on volume expansion. This is what I will be watching... A break below would be a bearish sign and we might see more downside in that case. This is not investment advice.
COINBASE:BTCUSDLong
by Tea-Trades
2
Bitcoin Bull Pennant? Can we see 40k and say bye bye to low 30s?Just strictly educational, can this be a dip that may be the one we need for a huge pop to the high side? I have actively traded bitcoin in the summer in the 4-10k range and wish i kept way more from that point now got put around 10k into bitcoin around 18,6-7. I am absolutely LONG on bitcoin, have stop loss set it 28,500 for half of what I have just incase it does want to get run down to the teens again (which I wouldn't mind, it would be a blessing. Lets go Bitcoin!
COINBASE:BTCUSDLong
by ArmaanOG
2
USDJPY long setupOn the weekly timeframe market has rejected weekly support with a bullish engulfing candle. On the daily market has broke above daily resistance with a bullish impulse, followed by a correction to retest the previous resistance now turned support and has rejected the new support a number of times. also forming a nice inverted head and shoulders from a daily perspective.... On the 4hr TF market is consolidating in this bullish pennant pattern (on the right shoulder) we are waiting to see if market will break above the mid support line of the pennant, then if all of our entry rules are met we will be taking a nice long. TP will be the 0.272 of the fibonacci taken on the daily retracement.
Long
by BullmarketFX