Pennantbreakout
KAEF BULLISH PENNANT IDONESIA STOCKS EXCHANGEA BULLISH PENNANT IS A PATTERN OF CONTINUATION, KAEF ALREADY FORMED AND BREAK THE PENNANT TRENDLINE, WHICH WILL LEAD KAEF TO AROUND 3750-3800 FOR THE FIRST TARGET PRICE.
BEFORE START BULLISH IT MIGHT BE A PULL BACK TO THE AREA I MARK WITH A BLUE RECTANGLE (@3300~) IDX:KAEF
THE FIRST TARGET PRICE IS 3750 - 3950 (REASON: PENNANT TARGET PRICE)
THE SECOND TARGET PRICE IS 4170 - 4240 (REASON : FIBONACCI XAY : 1.618 CLUSTER WITH HARMONIC PRICEPROJECTION (HPP) : 78.6%)
THE LONG TERM IF THE TARGET PRICE ALL TIME HIGH WILL BE 4860 - 4970 (XAY : 2.618 CLUSTER WITH HPP : 1.272)
THE STOP LOSS AREA : 3090
DISCLAIMER ON!
Breakout from strong bull pennant pattern (MOONSHOT 101)Caught this one at the bottom of a huge falling wedge. Entry almost couldn't of been better. Price consolidated into huge bull pennant, and has broken out on high volume, cruising through the old resistance at the consolidation high. Next target is to break through the previous flagpole high. The sky may be the limit on this one.
Break out of triangle/pennantUsing the breakout point of 18 with the height of A to B (5.5), this gives a conservative price target of 23.5. Using the top of the pennant, a bullish target of 26.5. Using tradingviews new VPRF tool (free to all users), analysing the pennant indicates a great amount of buy up than sell down. All good news, lets see where the next consolidation zone starts! :)
LINKBTC is creating an inverse head and shoulder 🦐LINKBTC is creating an inverse head and shoulder after the price bounced on weekly support.
Now the price is forming a bullish pennant and it's testing 0.618 Fibonacci retracements.
IF the price will have a breakout upward According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BTCUSDT is creating a bullish pennant 🦐BTCUSDT is creating a bullish pennant below the weekly structure.
IF the price will have a breakout upwards and retest the pennant, According to Plancton's strategy, we can set a nice order
Daily
Weekly
Monthly
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.