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Flagbullish

Bullish Flag at Fantom FTMHello trader, there could be an nice formation of a Bullish Flag at Fantom. When we will see a bullish confirmation at round about 1$ with a daily and 618 Fib support, there could be a good chance for a nice long trade. When we leave the channel, we could set another entry and with the setup for both entries: Take Profit 1 at 1.27$ Take Profit 2 at 1.45$ Maybe you should stay with 10-15% of your entries in the trade. When we break the resistance line of 1.45$ constantly, the next target is 1.65$. Could we see a new alltime high? I have no idea. But when, we are prepared :) Lets keep our eyes open for this :) ------ Just remember - this is just an option and an idea of myself. U can use my idea to do your own research and always take care of your risk management! ------ Feel free to like and comment my post, if u like it :) I wish you some profitable trades!
FLong
by Junic5k
2
RELIANCE price action analysis - bullishNSE:RELIANCE did a breakout recently and made all time high. Looking at hourly timeframe it looks like it's consolidating and forming a bullish flag pattern. Volume is also contracting while the price is consolidating. There's a gap to be filled from 2395 to 2412. It had a chance to fill it on 8th september but the price reversed from 2406. It would be interesting to see what happens next week. It might give a fake breakdown to fill the gap and then reverse strongly trapping bears. Hoping for a break from a bull flag structure with a volume influx. Happy trading!
NSE:RELIANCELong
by PriceActionTrader1
ZOOM VIDEO FLAG AND POLE Hello All Hope the last trading week was in the green for all of you. Back with a flag and pole on a daily and weekly time frame on ZM (this chart is on a daily). Good entry point if the daily takes support of the trend line and closes above the previous low. Stop loss just below the support trend line of the flag ( see red horizontal line ) . My entry is at the yellow horizontal line. Risk management rules fit well to a 2% rule if you start with a small to medium position for now. Can always pyramid on more while the stock is on its way up after a breakout of the resistence trend line of the flag with zero risk. ( stop loss = entry point ) or even add a trailing safe zone stop loss for profit taking. The target beautifully meets the previous resistence as you can see in the picture ( marked green horizontal line ). If you like the idea and would want more of such entries and exit ideas , please leave a like and a comment. Your support is greatly appreciated. Happy Trading
NASDAQ:ZMLong
by FoxxInvest
2