Here, I go over a few patterns I am looking at for the coming week, It looks like we have a few good set ups to start us off for the new year!
Of consolidation, lets see if this one plays out...
Waiting for re-test of bull flag Buy .16477 Stoploss .14704 Sell .23618
Silver is looking to breakout soon and with all the Monetary Stimulus coming Silver is a good store of value. Not to mention Biden's GREEN NEW DEAL will call for Solar panels all using SILVER. Demand will go up and PAAS is poised to reap the rewards more than the underlying commodity. The Chart shows planned entry at the OPEN tomorrow morning. (Expected Entry...
Watching carefully here for CMCSA to breakout of a bullflag at all time highs. Great consolidation and we also see some bullish divergence on the RSI
This is a view to a bullflag on BTCUSD 15min, around a possible reversal (death cross). I think death cross wont happen (see trajectories I drew for the moving averages), but it is good to monitor price action around it. Your take. Happy trading
ROSEUSDT created a bull flag and had a breakout. Now the price is testing daily support, if the price will have a breakout from 4h resistance and retest it as new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
WE BROKE OUT OF THE TRIANGLE AND RETESTED THE RESISTANCE LINE AS SUPPORT. WE ARE MAKING A BULLFLAG AT THTE MOMENT. IF WE CAN BREAK THE BULLFLAG TO THE UPSIDE WE COULD SEE A CONTINUATION OF THE TREND WITH A POSSIBLE PRICE TARGET AROUND $22100.
2nd bull flag appearance for $PBH with 4 months in the making. I bought in on the fakeout @ (3 Nov) and holding til $19. Topped up just before the breakout. How do I know it's not another fakeout? I used a combination of indicators: Volume, MACD and RSI divergence which isn't shown. Low risk/high reward.. Just my type 😉
HEY EVERYONE Here's a look at the EURO / DOLLAR pair heading into a new week the pair is currently trading in a bull frag which it can break in any direction but looking at the momentum push with the bulls looking for continuation of this move as it would be premature to go against the trend seeing no signs of slowing down on the pair so on higher time-frames we...
SA has formed a bit of a large bull flag. It has maintained support at $17 and 100 EMA is also helping it, too. I am buying at $19.40 and I will stop if it goes below that trend line. Hopefully it'll break through the flag.
NIO has been consolidating within a narrow bull flag for the past 7 days and today it made a decisive break above this flag. Long as it breaks above @ 27.20 with initial stop below the recent pivot low @ 26.35. Am expecting the bullish trend to continue but may take partial profits at the 1.62% fib extension ($31.80). Caution! Presidential Election is just...
just above a Fibonacci extension level... Risk/Reward well defined.
Extending the bull run, the stock has been appreciating after confirming the Bull-flag, a bullish continuation pattern. We can spot another fresh bull-flag that stands confirmed. So, the positive momentum looks intact and the stock is likely to continue the rally.
Good Day Everyone A look at the EURUSD from the 4H chart the pair has been in a uptrend since breaking out of that descending triangle currently just broke out of a bullish flag which could be signalling a continuation to the upside on the pair. the pair is currently retesting the bullish flag structure upon close this past week looking for continuation to the...