The price seems to be resuming a sharp rally after taking a brief pause.
A bullish Flag pattern occurs during a dynamic market rally, representing a brief pause as the market "catches its breath" before running off again in the same direction. The pattern consists of two parallel trend lines, often sloping downward against the prevailing uptrend, and is confirmed...
The price seems to be resuming a sharp rally after taking a brief pause.
A bullish Pennant pattern occurs during a dynamic market rally, representing a brief period of indecision before running off again in the same direction. The pattern consists of two converging trend lines with diminishing volume, and is confirmed when the price breaks through the upper...
Price is currently making a 1hour bullish correction and it's retesting a 4hour support zone, i will be waiting for a breakout of the bullish correction to confirm the upside move
Price broke out of an ascending trend line, it has the potential to retest the resistance level and move lower, i will be waiting for price to make a bearish correction and will sell at the breakout
Price has the potential to retest the broken zone and continue moving lower, will be waiting for a bearish corrective structure to confirm the down move
Price is currently retesting the broken zone and it's making a bearish corrective structure, i will be waiting for a break out of the bearish correction to confirm the down move
Price has the potential to retest the broken structure level and continue moving lower, i will be waiting for a bearish corrective structure to sell at the breakout
Price has the potential to break out of the channel and move lower towards the support zone, i will be waiting for a break out of the ascending trend line and will look for a bearish correction to confirm the down move
Price has the potential to reverse from the resistance zone and move lower, i will be waiting for a break out of the ascending trend line and will look for a bearish correction to confirm the down move
Price reversed from an ascending channel that is lined up with a daily descending trend line, it has the potential to break out of the ascending trend line and move lower, i will be waiting for a break out of the channel and will look for a bearish corrective structure to sell at the breakout
Price is currently making a bearish corrective structure at a resistance zone and it has the potential to make a bearish continuation move, i will be waiting for a break out of the bearish correction to confirm the down move
Price has the potential to reverse from the support zone and move higher, i will be waiting for a break out of the descending trend line and will look for a bullish correction to confirm the upside move
