ABC bullish set up into $101. after the little down move a few days ago it then began to consolidate almost forming some what of a bear flag. you can see by the red arrows and brown line how that level lines up perfectly. Once triggered up it squeezes the shorts and with this kind of bar, volume and action $101 should be no problem for AAPL.
ORCL is in a bear flag. but with that being said the chart is in an overall uptrend. Enter as the trade breaks out of the trendline then add once more conformation is gained when each decending high pivot is broken shown by the brown lines. These failed bear flags when triggered to the upside tend to retrace the down move about 80% giving us our target of around 42.35
Multiple patterns here giving me two targets. My low end target from my V- pattern gives me a target of $73.75ish. My high end target from my ABC pullback combined with a consolidation breakout resulting from a failed bear flag gives me a target of $78.40ish
The GBP/USD closed at 1.7027 on Friday June 27th, which is a pivotal level that can lead to bullish momentum. The monthly chart above explains technically how the GBP/USD can make a strong push upward in the near future if it can continue to push and hold above the 1.70375 price level. The GBP/USD monthly chart reveals that it is in a bear flag pattern...
The GBP/USD closed at 1.7027 on Friday June 27th, which is a pivotal level that can lead to bullish momentum. The monthly chart above explains technically how the GBP/USD can make a strong push upward in the near future if it can continue to push and hold above the 1.70375 price level. The GBP/USD monthly chart reveals that it is in a bear flag pattern...
CHF/JPY is consolidating in a controlled pattern, but more importantly the chart is telling a very detailed story that will help us determine where it could potentially go. With that being said, I believe the CHF/JPY wants to continue to go higher. All in all this chart is a fairly clean bull flag, but what has happened inside the flag is what really catches my...