📉GBPCAD has shown two significant bearish patterns on the 4-hour chart. These include a bearish flag formation and a double top pattern. The neckline of the double top has been breached. To confirm a sell signal, look for a breakout below the lower boundary of the bearish flag with a 4-hour candle closing below the support line. If this occurs, a bearish...
NZDUSD broke and closed below a key daily structure support. The broken structure turned into resistance now. We see a retest of a broken structure. To short the pair with a confirmation, pay attention to a bearish flag pattern on a 4H time frame. Its support breakout - 4h candle close below will confirm the strength of the sellers. A bearish continuation...
In this chart we have observed a Bearish Flag, but we also spotted that there is a Bullish Divergence and candle sticks are making HH & HL which indicate it is a Bullish trend. There might be a chance of UPTREND, but we are following Bearish FLAG and we have executed entry & exit points accordingly.
This bull flag target and then slightly above that is the double bottom breakout target. Price action seems to already climbing up the measured move line of the double bottom breakout so that’s a good sign that a breakout could get validated soon. Could definitely still correct back below the double bottom neckline once or twice first though if the bitcoin...
Bharat Electronics has a 40% flag pole, the flag had an 18% breakout due to an order block. However, a bullish flag retest pattern has recently been formed. The original volume imbalance caused the price to return to 196. There has been another volume imbalance formed at 208, thus it is likely that price will return to 208. The stock has currently returned to a...
On the weekly timeframe the purple line represents the flagpole, however if I zoom out to the monthly timeframe the neon lemon lime trendline is the full pole of the bullflag. Not sure which one will be the most valid in the long run so I have posted measured move targets for both. *not financial advice*
Crudeoil analysis 15 to 30 minutes TF bullish structure Pattern type = bull Flag , Hed and solder
On the above 8-day chart price action has corrected 95% from $80 in early 2021. A number of reasons now exist to be consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Price action confirms trend reversal. Higher highs higher lows. 3) Price action confirms support on past resistance. (Green bar). 4) The inverse head &...
ARM is looking to break out of a bull flag after a month of sideways action. Bounced off the 20 EMA and looking to head back to the highs as the market rotates back into semis. First target $150.
*SIDUSUSDT CMP - $0.010900 / Positional Trade* *Buy At Current Price $0.010900 / Strict Stop Loss $0.004000* Target 1 - $0.012300 Target 2 - $0.015000 Target 3 - $0.017000 + Disclaimer: This is my view and for educational purpose only.
MTL looks absolutely promising! We are breaking out of the bullish flag pattern on the weekly chart with a strong engulfing candle. The bearish structure is broken, and a new uptrend is beginning. A 1588% profit is very likely if you buy this coin right now. If you want to take a profit early, you can use my first profit target in the short-term. Let me know what...
Shiba Inu will definitely go higher later this year. Right now, we need to catch the bounce and ride the next wave to the upside. The 0.618 FIB retracement seems to be a great level to buy Shiba Inu, which is at 0.00002249. It's always important to do an Elliott Wave technical analysis for such pumps to stay in full picture. We need to see the full market...
On the above 2-day chart price action has corrected 40% from the recent high. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action finds support on past resistance. Look left. 3) Price action finds support on the Golden ratio. 4) The bull flag flagpole measures 100% move following resistance...
The SOL/USD 3-hour chart exhibits a pattern resembling a bullish flag. If this pattern is confirmed, technical analysis suggests a possible price target exceeding $190.
Here u can see how the previous cycle DOGE exploded out of a Bullish pennant Which in my mind is a little bit more bullish than the current "Flag" Which suggests there may be less euphoria this time around We can use Doge as a Greed / Sentiment indicator either way :)
SMCI is intimate with NVDA and the couple are doing quite well. I got some more at $750 and 2 days ago. Predictive Modeling is suggesting a $1000 price by Tuesday afternoon. That would be a 33% return in less than a week. The chart shows the bull flag after the reversal out of the down trend where I bought upon the mass index signaling. The AI indicator...
SMCI has been on an impressive trend up since the first day of the trading year. On the 15 minute chart It had a healthy 12% pull back about February 22-29 but then rallied again on a reversal upside to nearly the ATH of $ 1075 set on Friday 2/16. I note that traders like to trade SMCI on Fridays and likely are chasing same day expiration call options. I...
NKLA on the one hour chart shows several stock patterns which may suggest a trader to sefely deploy a small portion of available risk captial here to have a good chance to make a profit. In the first instance, a "W" or " reverse cowgirl" pattern is seen as handrawn iin blue line. This is bullish like the "M" pattern is bearish. The second pattern is an...