price has been ranging between bottom resistance @6780.2 and top resistance @7917.9 on a daily timeframe. 0n the 1hour timeframe there is a small resistance at 7636.6 which price retested in an ascending channel. On the 15min there is a flag which I'm using as entry with stoploss at 7661.7 and take profit at 7465.2
After the breakout, the price didn't come for retesting. So wait for the structure to change and short till the price fills the imbalance/fair value gap. As of yesterday market is not following the pattern. My advice is to wait till the retest is done. Follow me for more ideas and likes will be much appreciated. !! Trade Safe !!
MASK was one of the major winners of March, until it topped at $7 and saw a couple of days of straight selling. With the FOMC meeting behind us, it seems that MASK has bottomed for now. In my view, this is exactly what investors have been waiting for: a change of trend. I'm looking at $6 and $7 as potential near-term targets.
Riding XAUUSD all the way to the 1918 area. Use proper risk management. Happy trading
hello traders this happened today it is possible to catch this moves almost all the time on gold it works on gold pretty much all the time if you wann learn keep following
AllCargo Logistics - Bullish Flag Formation - Long Term view Entry - 330 - 350 Target - 561.15 Stop loss - 300
EURUSD short-term bearish on this bear flag then flip on the trendline support below and daily resistance
I feel that history will repeat itself, and we can go up, and my Target is above the previous ceiling. Above 27,28,29
Despite all the uncertainties and volatility in the market, the US indices especially Nasdaq has been resilient. Nasdaq has led the run up since the start of this year and as long as NQ continues to be in the lead among the 3 major indices (namely NQ, SPX an DJI), the market could remain overall bullish. The most recent "fearful" event (collapse of SVB) last...
This is just a better view of my curiosity and idea. This is the same chart as the last post and unfortunately the same idea.
i am expecting higher prices on Gold it was in a very good bullish momentum seems like making falling flag this is what we hav right now but the patter can change we can only confirm at the killzones if there is any update i will post further keep follow for more
Hi Dears Today let's analyze the bitcoin chart by RTM Method and in the daily timeframe. If you look carefully to this chart, you can see the resistance level (SR Line) at around 21500 then the FTX news cause the market to fall sharply to around 15500. This level was broken on 17 Jan 2023 and the price bounced sharply. The FL is made and we can see that there...
Summary: Main bearish trend (dotted teal downtrend line) Reversal attempt in progress (purple uptrend line) 200-SMA breakout in jan-2023 Failure to continue the breakout (failed bull flag - orange lines) Arrow #3 as a good entry option for a bear trade. Possible beginning of a new bearish leg, aligned with the main trend Possibility to...
Hello,Traders! NZD-CAD is trading in an Uptrend and the pair Broke out of the bullish Flag pattern made a retest And is now going up again So I am locally bullish biased Thus, I think the target above Will be retested Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Okay, NZDCAD respect daily time for Support and trade move to continue the channel. NZDCAD builds up DOUBLE BOTTOM Pattern with BULLISH FLAG Pattern and breaking Flag range with retest 30 Mint chart EXPONENTIAL 20, 50, 100, 200, Cross over all EMA and Retest 20 EMA, 50 EMA, MOVE UP SIDE again. then I open Long Trade.
In this chart ( AUDUSD ), we see a disconnected channel pattern that will probably break upwards. In the lower time frame, we see a flag pattern that has the ability to continue based on the current momentum. Of course, we have to wait until this channel breaks apart and then make a decision. wait my friend...
Y will update my play here, because this is huge now, like 50% exiting the bullish flag.
Hi; AUDNZD In the daily time frame, the movement is quite clear. Selling pressure can also be detected in lower time frames, and according to the rapid downward wave that has been created recently, the probability of exiting this correction, which is similar to the flag pattern, will be very high.