Avausdt - longThis coin is very interesting in 4h-RSI and chart. I hope it can touch 7$ and 10$ in short time.
Flag
Bull flag or pennant at 1000PEPEWhy not?
Pepe has been making me happy with intraday trading for the last six months for sure.
So why not?
On the wave of a good bullish trend and the fall of Bitcoin dominance, you can build a fairly simple, I would say, textbook pattern of a flag or pennant.
Let’s take the exit from the sideways trend as the base, the potential take of the pattern is 0.03999.
On the daily timeframe, the RSI has not even reached 90 and is very far from a technical break in the trend.
I assume the pattern will work.
PICCADILDisclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
EURGBP: Classic Breakout Trade 🇪🇺🇬🇧
EURGBP broke and closed above a key daily horizontal resistance
cluster on Friday.
Retesting the broken structure, the pair started to consolidate on that
on an hourly time frame.
A bullish violation of the consolidation is a strong bullish confirmation.
The price will most likely continue going up at least to 0.834
❤️Please, support my work with like, thank you!❤️
#009 NEW DCA CADCHF Buy Higher High Higher LowPrice is making higher highs and higher lows as seen on the chart and so I bought.
It seems that price is also at the minor resistance area, but all is fine.
TP and positions will be shown in the screenshot below.
1603SGT 13122024
SOL $260 (up to 18%) - Consolidation could be overBINANCE:SOLUSDT is consolidating since the end of November after hitting the zone at $260. The consolidation looks overall very bullish (bull flag) and healthy. As you've seen in my analyse from 4 days ago the situation looks very good.
Also, Bitcoin is still holding very strong at $100K (currently at $103K). To determine, if the consolidation might be over we need to look a bit closer.
As we can see, we're currently still within the bull flag / consolidation channel between $260 and $200. Since December 11 we can see a bull flag within the bull flag after bouncing off from the support level at $203/$200. This might indicate that we've seen the low for now and are going to break the bull flag / consolidation channel. We've bounced from the 61,8 Fib from this little bull flag. A possible first target would be the resistance at $235. The next two targets would be $242 and finally $260.
If we go below $215 we might see another test of the $203/200 level. If you decide to test a long here, try to place your SL below $215 or (if you trade with a smaller size) below the $203/$200 level. Do not forget that we see a lot of liquidity grabs in crypto, so don't trade with a SL to close to support levels or they will be detected.
Target Zones
$235
$242
$260
Support Zones
$215
$203
$200
Let me know what you think!
Helmerich & Payne | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Helmerich & Payne
- Double Formation
* Retracement | 1)) & 0.618)) | Downtrend Bias
* Trend Line | Survey | Channel Mark Up
- Triple Formation
* Flag Structure | 39.50 USD | Configuration | Subdivision 1
* Top / Bottom Structure | 33.60 USD | Neckline Condition | Subdivision 2
* Retracement (2) , 0.382)) & (0)) | Daily Time Frame | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
POV: ULTRACEMCO - Edge of Channel BreakoutPOV: ULTRACEMCO - Edge of Channel Breakout
1️⃣ Channel Formation:
The stock has been trading in a range of ~12–14%, forming a channel. The top of the channel has been tested 4 times, confirming it as a strong resistance zone.
2️⃣ Last Leg Setup:
The last leg started with:
- A double bottom pattern.
- Divergence indicating reversal.
- A bounce back after taking support at the 200 SMA.
3️⃣ Consolidation:
After reaching the top of the channel, the stock is consolidating instead of pulling back—a positive sign for a potential breakout.
4️⃣ Flag Pattern:
The 5-day consolidation appears to be forming a **flag pattern**, adding to the bullish sentiment.
5️⃣ Concerns:
- Volume is around the average, lacking the confirmation of a spike.
- Entry is set slightly above for safety due to range expansion, which is nearly 100 points away.
Disclaimer:
For educational purposes only, not financial advice.
#NiVYAMi
XRP/USD Analysis: From Explosive Rally to New Bullish SetupAfter breaking above the critical $0.65 resistance, XRP/USD surged dramatically, reaching a high near $3, close to its 2017 all-time high (ATH). As expected, a correction followed, but the bulls stepped in decisively at the $2 zone, halting further declines and establishing a strong support level.
Currently, XRP/USD is trading within a bullish flag pattern and appears to have broken above the pattern's resistance.
If this breakout holds, it could signal the beginning of a new leg higher, with a measured target around $3.70.
My preferred strategy in this scenario is buying dips, with a clear invalidation point if the price falls and stabilizes below the $2 support level.
Prajind: flag pole breakout with volumesPraj industry after a breakout it is showing retest and consolidation at higher levels.
fresh leg of rally will start after 824 with a stop loss of 780
we can see new high around 900-930
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
Comprehensive Guide to Bull and Bear Flag PatternsBull and bear flag patterns are some of the most reliable and widely used chart patterns in technical analysis.
These patterns are particularly effective for traders who prefer trading with the trend, offering clear entry and exit points.
They appear frequently in trending markets and represent short consolidations before the trend resumes.
In this guide, we’ll cover the characteristics of bull and bear flags, trading strategies, and how to enhance your flag trading using multi-timeframe analysis.
What Are Bull and Bear Flag Patterns?
Bull and bear flags are continuation patterns, meaning they signal the potential for a price move to continue in the direction of the prior trend after a brief consolidation or retracement.
Bull Flag: This pattern occurs during an uptrend. After a sharp rise in price (the flagpole), the price begins to consolidate within a downward-sloping channel (the flag). A breakout to the upside typically follows, continuing the trend.
Bear Flag: In a downtrend, after a strong decline (the flagpole), the price consolidates in an upward-sloping channel (the flag). When the price breaks downward, it continues the downtrend.
These patterns are valuable for traders as they provide clear entry signals when the price breaks out of the flag's consolidation range.
Anatomy of a Flag Pattern
The flag pattern consists of two main components:
The Flagpole: This is the sharp price movement that occurs in the direction of the trend. It signifies strong momentum and establishes the direction in which the trend is moving.
The Flag: The flag is a period of consolidation or retracement that follows the flagpole. The price moves within parallel or slightly converging trendlines and typically retraces about 30% to 50% of the flagpole. The flag represents a pause in the market before the trend resumes.
Key Characteristics:
Bullish Flag: Occurs in an uptrend, and the consolidation takes place in a downward-sloping channel.
Bearish Flag: Occurs in a downtrend, and the consolidation takes place in an upward-sloping channel.
Volume (if you trade Crypto or stocks) tends to decrease during the consolidation phase and increases significantly at the breakout point, confirming the continuation of the trend.
Trading Strategies for Bull and Bear Flags
While bull and bear flags are relatively simple to identify, using different strategies can help enhance the effectiveness of trades. Here’s a breakdown of the most effective approaches to trading these patterns:
1. Breakout Strategy
The breakout strategy is a straightforward approach that traders use to enter a position when the price breaks out of the flag's consolidation. This marks the continuation of the trend and offers a high-probability setup.
Entry: Enter the trade when the price breaks above the upper trendline of a bull flag or below the lower trendline of a bear flag.
Stop-Loss: Place the stop just outside the flag’s opposite boundary (below the flag for bull flags or above for bear flags).
Take-Profit: Measure the length of the flagpole and project it from the breakout point. This will give you a target for where the price could potentially move.
2. Multi-Timeframe Strategy
The multi-timeframe strategy involves using multiple timeframes to analyze the flag pattern. This strategy can provide a more robust confirmation for entering the trade, as it gives you a broader perspective on the overall trend.
Higher Timeframe Analysis: Begin by analyzing a higher timeframe (e.g., the daily chart). Look for a strong trend, either bullish or bearish, and identify if a flag pattern is forming within this trend.
Lower Timeframe Confirmation: Once the pattern is identified on the higher timeframe, zoom in on a lower timeframe (e.g., the 1-hour or 4-hour chart) for precise entry points. Look for the price to break out of the flag pattern on the lower timeframe, confirming the trend continuation.
Why Use This Strategy?
Multi-timeframe analysis reduces the risk of false breakouts by confirming the broader trend on a higher timeframe.
It allows you to refine your entries by using a lower timeframe for greater precision.
Note:
A critical benefit of this strategy is its ability to significantly enhance the risk-to-reward (R:R) ratio, with the example presented achieving an impressive 1:5 ratio. This means that for every unit of risk taken, the potential reward is five times greater—a highly efficient use of capital and risk management.
3. Pullback Entry Strategy
The pullback entry strategy offers a more conservative approach to trading flag patterns. Instead of entering at the initial breakout, this strategy waits for a pullback toward the breakout level to confirm the trend’s continuation.
Entry: Enter the trade after the breakout has occurred but wait for the price to pull back to the flag’s trendline. This pullback gives you a better risk-to-reward ratio.
Stop-Loss: Place the stop just below the flag’s trendline for a bull flag or above it for a bear flag.
Take-Profit: As with the breakout strategy, project the flagpole's length from the breakout point for your target.
When Not to Trade Flag Patterns
While flag patterns are reliable, they are not always guaranteed to work. There are specific conditions when you should avoid trading them:
Choppy or Sideways Markets: Flags perform best in trending markets. If the market is choppy or moving sideways, flag patterns are less likely to lead to a strong breakout.
Weak Flags: If the flag's consolidation is too broad or the market loses momentum during the consolidation, the breakout may be weak or fail altogether.
Conclusion
Bull and bear flag patterns are essential tools in any trader's toolkit, offering high-probability setups in trending markets.
By understanding how to spot them, applying different trading strategies, and incorporating multi-timeframe analysis, traders can enhance their chances of success.
Final Tip: Always combine flag patterns with good risk management techniques, such as proper stop-loss placement and positive risk:reward.
Unitedhealth Stock Qoute | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Unitedhealth Stock Qoute
- Double Formation
* 550.00 USD | Trend LIne Survey | Subdivision 1
* Retracement | Uptrend Bias | Main Entry At 485.00 USD
- Triple Formation
* Pattern Confirmation & Neckline Conditions Valid
* 495.00 USD Trend Line Survey | Subdivision 2
* Flag Pattern & Top / Bottom Structure | 50% Retracement | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
KraneShares CSI ETF | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# KraneShares CSI ETF
- Double Formation
* 30.00 USD | Trend Line | Descending
* Retracement | (1) & (0) | A+ Set Up | Subdivision 1
- Triple Formation
* Flag Structure | Downtrend Survey At 33.15 USD / 27.30 USD
* ABC Flat Correction | Entry Bias | Subdivision 2
* Trend & Behaviour | Daily Time Frame Conditions | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
We are going up now! Bullish FlagI am seeing a huge bullish flag and i am long from 54363.
what do you guys think? tell me in the comments.
NEXT EXPANSION - $4.500 POTENTIALLYAs illustrated, the potential move of the flag's breakout.
AB = CD (first impulse distance = continuation impulse distance).
Should the HODL area hold the front line of battle, XRP could be on its way to ATHs near the $4.500 price range.
Should the crypto industry continue to get to the hands of more and more people, and more governments and businesses adopt the general digital-asset usage, there is simply no limits to what any alt-coin could do except it's own users and leaders.
XRP DOES HAVE amazing potential in the industry. Let's wait and see how this growth cycle unfolds.
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GOOD LUCK
Babcock & Wilcox Enterprises, Inc | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Babcock & Wilcox Enterprises, Inc
- Double Formation
* Cup & Handle | Entry Area | Survey Settings | Subdivision 1
* 3.40 USD | Flag Structure | Pivot Point
- Triple Formation
* Top / Bottom Structure | Downtrend Bias | Subdivision 2
* Flag Structure At 1.80 USD | Trend Continuation
* Behaviour & Entry | Daily Time Frame | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
BTC ready for next leg up BTC is up in the air with no overhead resistance while currently in this 4hour range.
Using low leverage < 5x and building positions in this trend is my strategy and taking profits at golden fibs levels.
I'll point out a nice sign.BONK is showing bullish divergence at the flag formation.
It is a very significant signal. Yes, the supplay is very large,
but in the short moment the most unexpected prices are possible.
Let the day come!
Flagging...The pair this huge bullish flag (USDSEK is doing something similar). SL triggers if the flag is busted (daily candle should closed below the bottom of the flag)
AVAUSDTIt has a flag. If this resistance is breaked ,it can achieve 12$. this analysis is for a short time.
Ryder System Stock Qoute | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Ryder System
- Double Formation
* WXY Wave Correction | Ranging Entry | Subdivision 1
* 136.00 USD | Support Area
- Triple Formation
* Retracement | Wave Y = 50% | Subdivision 2
* 176.40 USD | Pennant Structure | Subdivision 3
* Flag Structure | 183.65 USD Continuation Entry
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Double bottom pattern breakout 1. Double bottom pattern breakout.
2. All time high breakout with good volumes.
3. Flag pattern with good volumes seen in weekly chart.
BULLISH FLAG - POSSIBLE BREAKOUT As illustrated, the market is holding a bullish structure (flag), and within it an inverse Head & Shoulders.
If price manages to hold and break the resistance trend line of the flag, you could expect price to expand the same distance as the stick of the flag; that means the first expansive move before the formation of the flag. - Illustrated in blue arrows.
It seems that crypto news will continue to come out strong and positive for the industry and the general crypto market, and so I personally don't think the bull run is over at all; as a matter of fact, I strongly believe it's only getting started.
Price must respect the invalidation level I illustrated in red line for this idea to hold on the long run.
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GOOD LUCK!
