- Each cycle (bullrun + bear market) makes a bullflag. So we can basically determine the target of the flag (orange arrows). - So the cycle of 2014 (cycle 1) gave a target of $64 k, and this target has been hit during the cycle 3 (2021). On the monthly closing. - What is interesting is that we needed 2 cycles to hit the target. - If this pattern does the same...
Trading Setup: There is a Trading Signal to Buy in FTMUSDT Fantom 4h (Futures) FLAG Pattern Breakout Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.491 ⭕️SL @ 0.457 🔵TP1 @ 0.592 🔵TP2 @ 0.682 🔵TP3 @ 0.799 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger...
Bitcoin's price action continues to show a strong bullish trend. 4f 6e 20 46 72 69 64 61 79 2c 20 66 6f 6c 6c 6f 77 69 6e 67 20 74 68 65 20 72 65 6c 65 61 73 65 20 6f 66 20 74 68 65 20 4e 46 50 20 64 61 74 61 2c 20 42 69 74 63 6f 69 6e 20 65 78 70 65 72 69 65 6e 63 65 64 20 61 20 73 68 61 72 70 20 64 72 6f 70 2e 20 48 6f 77 65 76 65 72 2c 20 62 79 20 74 68 65 20...
Here I have EUR/GBP on the Daily Chart! Price gave a Bearish Break to the Ascending Channel which confirms we are seeing a Bearish Flag. -The Volume behind the Candle that Broke the Ascending Channel signifies that it was a Strong and Valid Break Being a Continuation Pattern, I suspect we will see Price Retest the Break of the Ascending Channel and continue...
Hours before FOMC VIX is doing this. I bought QQQ puts expire today to trade the news. More than 60% probabilities the FED cuts 0.5. But if it only cuts 0.25 might trigger a violent sell-off
nice staging on NASDAQ:BLBD yearly, quaterly bull flag breakout entry $50.27 stop $44.80 T1 $59.22 (take 1/4) T2 $70.98 (take 1/4) T3 tbc
NZDUSD is in bullish trend making HH HL and breaking resistances at 1H time frame, following continuation bullish flag pattern. Harmonic Pattern ABCD also confirms the upward trend while divergence is synced with chart. Strategy 1 TREND Bullish DIVERGENCE Yes(synced) REVERSAL PATTERN No CONTINUATION PATTERN Bullish Flag HARMONICS AB=CD Trade Plan EP 0.62031 SL ...
BTC recently had a failed shorter term bull flag breakout attempt, but it held $57.7k. However, there's a nice looking bear flag forming here and it has broken below. I'll be looking for shorts on a retest or on another rally if we never get a retest. We still have demand shortly below and the critical $57.7k area. First downside target from there is around...
bajajfinserve broke out of flag pattern on daily charts with good OI addition. Could b bought with mentioned stoploss & target.
Nifty movement was sideways in last trading session, Flag pattern formed, wait for breakout or rejections at zones for Entry. Bullish > 24450 Bearish <24300
Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ USDCAD daily time frame 🇺🇸🇨🇦 The pair is currently consolidating within a horizontal range on a daily. I am waiting for a breakout of a one of the boundaries of the range to confirm the future direction of the market. I think that the price may keep coiling before the FED rate...
🔵The EURUSD has been in a bullish trend for the long term, with a new higher high set in August followed by a correctional movement. A bullish flag pattern has formed, leading to a minor bearish trend. However, the pair has started to rise again since last week. If the resistance of the flag is broken by the bulls, it could lead to a trend-following movement....
Waiting to see how this plays out in the next 12-24 Hours On my previous post I have a long target @ $142/$143 still waiting to hit to this matches up with it I previously called $140 and people thought I was crazy lmao now look
VX just broke above a bull flag on the 4hr, but not much of a reaction yet. I don't often trade VX directly, but I think it's important to be cautious longing equities while this is having a bullish breakout. If it fails and can't hold 16.45 that should be a green light for bulls.
Third bull flag in a row, they're everywhere right now. This one is a little different than RKT and Silver IMO because it's a tech stock. I'm not convinced tech is going to be bullish after this week, but if NFLX breaks out of this bull flag and makes a new ATH I'd have to expect more upside after. This started developing during the first week of August so it may...
Entry 1h so I think this entry is safe. Leg one then flag snd fainally secone leg
Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! Understanding the Inverse Correlation As you correctly noted, Bitcoin (BTC) and the US Dollar Index (DXY) often exhibit an inverse relationship. When DXY weakens, BTC tends to appreciate, and vice versa. Analyzing Recent Trends DXY Breakdown: DXY is currently...