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Pennant

EURJPY getting hit hard as bearish pennant emergesTrade Idea: Selling EURJPY Reasoning: Evening star formation (combined) posted on weekly chart. Daily price action breaks below Ichimoku cloud. Intraday charts forming a bearish pennant. Entry Level: 141.085 Take Profit Level: 138.257 Stop Loss: 1.41780 Risk/Reward: 4:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
Gold flags further upside!!Trade Idea: Buying XAUUSD (Gold) Reasoning: Bullish flag/pennant forming on hourly. Double bottom measured move target at 1915 Entry Level: 1879 Take Profit Level: 1913 Stop Loss: 1868 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
OANDA:XAUUSDLong
by Signal_Centre
Massive Crash Incoming On BTC -Watch This To Not Get TrappedBTC\1H Doing a pennant which is a sign of continuation With yesterday move performing a SL hunt and start to performing a pennant there which shows us there might be more down side to come.but it could also invalidate it by going up and taking all the liquiditiy around 22900 to 23400. Todays Events will totally spice things up even more than yesterday Dxy rising to 105 and holding it is a sign of Market getting weaker Please Boost,Follow,Comment if you find this informative Details on the video
BINANCE:BTCUSD.PShort
by pcmonk
Silver - Wanna Bounce??Been waiting on this one for a minute. Silver last daily close was an invitation to long but hey, let's see what's going on. Silver has been on the up like everything else since last September/October. It went from 18.00 all the way to 24.50, it's huge, a 30% increase in 3-4 months, but, then, it's been hitting the ceiling pretty hard. I can count 6 touch on the Daily. Of course, we helped it going down when it decided it was enought, but here it is now, dropping a nice and sweet pinbar right on the trendline, so, it might want to go back up a little bit. The situation : 1) We're still in an uptrend 2) Dollar has been strong lately, but DXY and all the related USD pairs act like they can take a break from dollar's push 3) Price formed a nice Daily pinbar, 4) Price is acting like it's bouncing from the trendline, like it already did 5 times in the past 5) If you look left, you can see that price is located where an imbalance has been created last November, it could still be orders pending right where we at right now 6) Price has come close to our area of interest in a corrective manner, see the falling pennant following the big drop. A descending pennant in a downtrend is usually a reversal pattern 7) Price wicked off the psycological 21.00 level 8) Finally my oscillator has been wayyyy oversold, for a minute, and the blue line just crossed the orange line, under the 15 level Well, Silver, we've made a pretty strong case in favor of a raise, even temporarely, going for the 0.38 - 0.61 area of the previous drop. This is just an idea, and I can be wrong, just pointing the facts, and there are lots of facts Cheers everyone and safe trading!!
FOREXCOM:XAGUSDLong
by aemerydufoug