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FLAG

EURGBP bullish scenario:EUR/GBP was rallying on Wednesday on the diverging policy expectations from the Bank of England and the European Central Bank that meets on Thursday. This will be a key and popular meeting among central bank watchers as the Governing Council has the unenviable task of being the first team from the major central banks to provide an assessment of the impact on the Ukrainian crisis on growth, inflation and monetary policy. In this pair, technical analysis shows a technical figure Flag. The Flag broke through the resistance line on 10/03/2022. EUR/GBP is forming a bullish formation on a daily chart. If the price holds above this level, we will have a possible bullish price movement with a forecast for the next 9 days with a target of 0.84780. According to the experts, your stop loss should be around 0.8203 if you enter this position. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Long
by legacyFXofficial
1
SAND LONG FINISHING PATTERNSand bounced off of a support 3 times, and is at the end of a flag pattern, after break out we should see retracement to the 50% fib zone. Aroon: On a daily time frame we see orange line crossed a blue one which shows start of a bullish trend. MACD: We are already seeing light red candles which indicates bullish movement gain. Bollinger band: We just bounced off of a bottom Bollinger band which indicates bullish trends start. Entry: 2.97 Invalidation: 1.95 Target: 5.38
FTX:SANDUSDLong
by vf_investment
1
RS - Bull FlagBroke up into ATH (All-time-high) on 28 Feb on strong volume. Have been forming a bull flag since. Buy the next break up of this bull flag as the momentum remains strong. p/s I may also attempt to buy if it retest the resistence turned support level around 179-179 with a tight stop loss slightly below the support. Theoretical "cup" target is around $221. Let's see if it is able to reach there. Protect with trailing stops or scale out along the way. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
NYSE:RSLong
by Juliac
VIRT - Bull FlagWith RSI is strong @ 67 and rising, I am looking to buy the breakup of this bull flag between 34.85 to 35, with initial stop loss just below the low of the last 2 candles. Let's see if it works out. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
NASDAQ:VIRTLong
by Juliac
S&P500 - neutral for nowI know there are a lot of fear out there now for a possible bear market this year. We had a severe plunge in the US markets that started on 5th Jan till it hit a near term bottom on 24th Jan, chopped around the low for a few days before making a strong rebound that lasted almost a week. Since then the markets has started to loose some grounds again. However it looks like a bull flag is forming right now and there is a chance the market could continue to rebound further in the coming days. Whether we are still in topping process remains to be seen, it could still be 3-6 months of flip flopping and huge volatility before the picture becomes clearer. However, with the 50day moving average still above the 200 day moving average for all 3 indices (ie we don't have a "death cross" yet), I will not be overly bearish just yet and may also look for short term long (or short) opportunities. I would prefer to stay nimble and shorter term for now. Stay safe. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). 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 and don't forget that money management is important! Thank you.
CME_MINI:ES1!
by Juliac
THORChain (RUNE) Buy ZoneTHORChain (RUNE) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium On 4 hours timeframe, THORChain is currently forming a lower time frame bull-flag above its second to local high support of $3.9 zone. The buying pressure and the bullish momentum is extreme, which will very likely break to the upside any second. -------------------- $RUNE/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 3.8 - 4.1 TP 1 : 4.26 TP 2 : 4.43 TP 3 : 4.67 TP 4 : 4.95 TP 5 : 5.25 TP 6 : 5.52 TP 7 : 5.85 TP 8 : 6.375 Stop Loss : 3.295 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
1
PYPL Breaking Down through Support Today I am discussing Paypal Stock which has been drastically sold off around 40% from highs! I do think this is crazy, and oversold. BUT, I am going to analyze stocks appropriately and without any bias. PYPL as shown on the Daily Chart has been breaking down through this Range it has been trading in of where I have a Rectangle shape Drawn. PYPL just closed underneath that rectangle 2 days in a row, and even rejected off that bottom of the Rectangle on Friday. That shows Strong Resistance at that level. PYPL also broke its Support from its previous breakdown @ the $179.20 area (White Line) PYPL has 1 wick left from the candle on Jan. 10th and then of course further back supports. But I think the range it is breaking out of now, is something to note down of not being a small break down. The reason I am saying this is because PYPL has now been in the sideways trading for around 2 and a half months. PYPL is now ready to make a bigger move, but here it seems that bigger move may be to the downside. Here are EXTRA Reasons why PYPL is a good SHORT idea here. TTM_SQUEEZE - Squeezing (red dots) indicating big movement of momentum coming. + Momentum Switching to Bearish. Broke Down and even retested the Rectangle range. Broke Previous Breakdown support. GAP to fill at the GREEN Rectangle ($130s) area. A lot of stocks like to always fill the gaps... and I know its a stretch to say hence it is a long time ago, but with bearish momentum this stock could easily fill that gap. Some contradicting indicators to this SHORT idea TTM_SQUEEZE (WEEKLY) - WEEKLY Still showing weakness, but appears to be wearing out, and fading to the bull-side. WEEKLY moving average cloud. Still some more key levels to be breaking I hope you guys enjoyed this idea! Share it if you liked it! If I do play this I will be looking in to Liquidated March & or April Puts near the $140 strike price.
NASDAQ:PYPLShort
by ZachSap
1