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Flagformation

GBPUSD I Possibly a break of the channel line +100 pipsWelcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
39
EURAUD I Correction completed from recent impulse - LONG Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
46
BHEL WEEKLY BREAKOUT & AT RETEST LEVEL The price breaks the trendline which is acting as strong resistance for the price and also restested the trendline breakout level and now start moves for the upside levels. Price also formed flag and pole pattern in daily timeframe and also given breakout. #BHEL 👉Trendline Breakout & Retest in Weekly TF 👉Stock in Uptrend & Bullish Pattern 👉Flag & Pole BO on Daily TF 👉Looking good for short Term Swing 👉PSE Stocks in focus 👉Add To Your Watchlist✅
NSE:BHELLong
by Jha_Nidhi
45% Vs 57%Yes, we are in the middle of something, let me explain. we have a well formed rising wedge that is a bearish pattern, inside of an giant bull flag in theory we should se that pattern ending but that pattern is inside of 3 symmetrical triangles, one confirmes another 2 close to be confirmed, the symmetrical triangle is a reversal confirmation, so we should see a continuation for the uptrend. Green arrow point to the symmetrical triangles Blue arrow point to the giant bull flag Orange point to the wising wedge If for some reason the rising wedge was the winner the next week, could take us 45% down from here. But if the symmetrical is the right pattern and we are watching a trend change, we should see to complete the bull flag with more than 50%. I think that because the giant bull flag is too old, the symmetrical triangles are dominant and we should se the up trend continuation.
AMEX:SPXLLong
by AllAboutMoney
CRM - approaching neckline @ 195CRM had been basing for about 10 month now (since last May), the first sign that the worst could be over was when it broke above the 200 day movving average on 27 Jan, then a retest of this MA a month later on 27 Feb which validated the 200 day MA as the new "support". Several days later on 2nd Mar, it gapped up strongly on earnings beat, stopping right at a significant neckline around 195. Then proceeded to pullback and almost closing the entire gap in the coming days. While the stock has been staging a recovery since hitting the low in Dec last year, it also experienced steep pullbacks on the way up. Buying the dips would certainly had been a better option in this chopping conditions. Despite the volatility, what is clear however is that the stock is still on it's way to recovery, forming higher hi's (HH) and higher lo's (HL), with RSI staying at 50 or higher since early Jan, and a Golden Cross since 10 Mar. It could attempt to break the neckline @ 195 again in the coming days and if and when it is finally able to break and stay above this level, then we could (hopefully) see more a more steady rise with pullbacks that are less steep (ie within 50% fib retracement of each mini up swing). And the next target could be around 220. We can "predict" price targets but it is important to manage our risk with trailing stop losses and see what the market gives us. Disclaimer: Just my 2 cents and 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! Take care and Good Luck!
NYSE:CRMLong
by Juliac
SPX facing resistance to keep falling - a new doubt levelI'm updating my last reading on SPX about the beginning of a bearish leg. I understand that that previous signal has worked, and market failed to support the 200-SMA, although we're now facing a new test. My outlook remains the same, that the main trend is bearish, but I also believe that the path to the low may come along with counter-trend movements and congestions. On March 13th, prices reached the region of the last bottom and a massive buying volume showed up sustaining the market upper from that level. This drove us to where we are now, pulling back to the 200-SMA, and this famous average is now giving us a new make or break setup. The next days movements will probably drive the direction of the market for the next few weeks, and that could be either bearish or bullish. I would prefer if this was a bearish movement, along with the trend, that tends to make a more straighforward path and with a longer target (I estimate a gain around 10 to 15%, counting from last week close). Any set of black candles would point this way. On the other hand, some white candles, specially with a good volume, would point to the bullish or congestion case. But I believe that it would be a counter trend movement, barely reaching the previous top region (with a posssible return of 6% to 9%) - of course I can be wrong, but then we re-evalute the scenario if the top if reached. I don't know if I will trade the bull case, because I think this would be a more short-term situation. But for the bear case, I'm keeping open my bearish position that targets the next few months.
SP:SPX
by thessia_
XAUUSD Like everybody knows Gold has been on the fall lately, responding to dollar strengh A bearish flag is forming on the lower timeframes, we can spot it with the H2 candlesticks, and it's very well detailled on M15-M30. I've put two alerts, one on the green trendline, another on the red, If price breaks higher, then I'll look for entries around the 1900 level after the retracement is done, a bearish pin bar, a bearish engulfing, or an inside bar in the zone If price breaks lower, then i'll look for a break that involves a M15-M30 closed candle on the other side of the red trendine, and place the stop loss above the structure Cheers and trade safe!!!
FOREXCOM:XAUUSD
by aemerydufoug