We have a nice Ascending flag here on the 1/4H charts along with a potential bat for extra confirmation, I want to see price rise again to the weekly high before breaking out to the low (This is where I've got my alerts set)
I want to see a nice tap on the weekly high which would give us a bat completion and hopefully a reversal and break of the flag (At this...
Overall, price is currently sitting at the top bound of a channel. However, zoomed into hourly, price has created an ascending flag/channel which will break towards the downside.
Target is based on confluence of Fibonacci Cluster (retracement and extension) + aligned with previous structure
Dear all, as you can see from the yellow lines SPY is in an ascending wedge (I cut through some candlesticks b/c RSI was extremely high on those days) that is part of an upward channel the index has been in since the low in early May. Since that low we've made 3 higher highs and 3 higher lows, bullish right? Maybe not. You see on Mar. 13 we made a higher high than...
NXT/BTC showing nice ascending flag pattern.
Strong bullish movement ahead.
target 1 around 6.8k as indicated in the chart.
Best of luck to you!
This is no financial advice...
