NZDUSD (Update) In 4h Chart he just made the pennant flag. After a while it would cross the Pennant Flag and reach bottom. In case of Breakout, the expected target is 0.54613
Contract: XBTUSD Exchange: BitMex Trade Tag: #LFBTC0001 Trade Signal: Bearish Pennant _________________ Trade Type: (Short) Trade #1 single 4-hour time frame UTC -8 Scheduled execution: 8:00 AM _________________ * Capital: 1-5% * Leverage: Cross * Open: ($8,550) _________________ Single Bid _________________ Stop Loss: $8590 _________________ Target...
Look under the twin arrows at the Doji how they pierce TL then reject- four times now. In downtrend along upper edge of triangle pennant; flagpole bottom half ~ equal to upper in these patterns. Just an idea; trade at your own risk; GLTA!
When we look at the Bitcoin's half hour chart, we can see the reverse pennant formation clearly. Steep fall on August 29th started the bearish pennant formation. After that move, price of BTC seems forming the pennant pattern. Now we are almost ending the formation and getting ready for another steep downtrend. Target of this move is around late 8700's or...
Equities forming a pennant. Usually these are continuation patterns. A measured move down from flagtip would expect to make a bottom half of flag-pole equal to top half, for about 1800+ pips; this would drop index near 24200, or a bit less. IMO the Megaphone Trend is still dominant. A breakout to upside is still possible if global events magically resolve...
$ESA broke down from a pennant formation yesterday which suggest a CD leg has commenced with a downside objective of 2700 which coincides with a Daily SSR support level. Check out my chart series named "Confluence of Coincidences" which was published a few weeks ago.
A channel has been created since the last significant drop down, and is meeting resistance at 4000. This has been tested twice, with higher lows on each drop. I expect 4000 to be broken on the next test, but I do not think there will be enough strength to push significantly higher than ~4200, failing to reach a 1.618 extension at 4700. In this case, the pennant...
If The Price Falls Below 3380$ This Scenario Could Be Happen! Be Careful & Use Stop-Loss For Your Trades. Tp1: 2688$ Tp2: 1850$