As soon as it retest the upper part I'll take position. Happy trading!
Most would agree that we should probably see the $16,200 level within a week or so, and for the most part I am in agreement. We could move sideways as suggested by some. I also feel that we could have a small bounce off the 200ma, then go under shortly after and continue the downward channel. We could potentially reset RSI and do a proper retrace down to 16.2k...
Pice is on the bullish trend line and also has created a bullish flag pattern, IF the flag pattern can be broken out and the candle be closed above 78.615 , price MIGHT rise around 79.650
#KyberNetwork is looking ready for bullish continuation here since 100EMA & 200MA are acting as support! Current Price= 0.91284 Buy Entry= 0.91150 - 0.90150 Take Profit= 0.93530 | 0.96045 | 0.99758 Stop Loss= 0.87770 Risk/Reward= 1:1 | 1:1.87 | 1:3.16 Expected Profit= +9.54% | +17.85% | +30.15% Possible Loss= -9.54% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin...
Havells has pennant on 1hr TF and on all time high... Targets on Chart
Hi everyone: The US indices are all at all time highs or at previous swing highs before the Covid, and looking at it from the price action point of view, we can really expect a sell off coming into the market. Latest price shows us an ascending channel, correcting the previous to previous recent tops, and now we see a continuation correction in the making....
Hi traders: USDMXN finally showing us bullish reversal opportunity. We know from the HTF that price was in the overall parallel channel, but no bearish price action correction to push price lower. Instead we see the reversal structure formed, and a bullish push out from the structure. We can expect a bullish impulsive phrase to begin, and LTF continuation...
BTC/USD made the flag pattern. It's made a bullish flag. So, it will rise. But if it started to fall, the trend will touch the following targets 18995.25 and then 18912.17 . Targets : 19148.45 19180.60 19220.64
Hello traders: NZDCAD had the confirmed bearish breakout from the ascending channel, good indication we can expect more sell momentum. We see price is forming this continuation structure, and now we just have to wait for confirmation correction on the LTF. Either a small correction within the price action, or a breakout follow by a correction would be ideal...
Go Short. Trend line broke. Aim for RR 1:6
Bitcoin does appear to have formed a cup and handle pattern in addition to a bull flag. If we continue to break up, I have an upper target around $21,000. This is not trading advice.
Sunpharma has bullish flag on 2hr and 4hr TF, seems retracement done and ready for upmove. Targets om chart...
Please like, comment and follow. Price is currently consolidating. We have to wait for a break and retest of the resistance level to get a confirmation for the buy
after a nice movement , price is in built up yellow zone. i will buy just in case i see a close beyond this rectangle. the green scenario is possible of course, so wait for strong break and close.
After breaking resistance zone, made a nice flag at support level and gave a nice breakout. TVC:USOIL TVC:UKOIL I hope you will benefit from this knowledge -MetaVish
IGL has bearish flag on hourly chart, But near demand zone, If demand breks then next demand would be target.