No don’t be stupid. However have lost count the times this question is asked. But price action is about to make a strong upward move. Why? 1) Price action and RSI resistance breakouts. 2) Strong positive divergence between oscillators and price action. 3) Flag breakout with confirmed backtest with 100% forecast. Is it possible price action corrects further?...
Position: Bought 80, 290 strike OTM January 17 2025 Calls at $0.08 TA: Bull flag with a symmetrical triangle at the tail end of it. Targeting underlying price of between $235 and $250 between May 2024 and November 2024. FA: Market Cap $170B with Revenue at GETTEX:61B annually as of 2023, with positive earnings. Deeply undervalued compared to other names like...
In this chart we observe a BULLISH FLAG and we precise our entry & exit points and we also observe a Double bottoms and we see a visible breakout to upwards.
BTC has broken out of the bull flag despite over-heated price action for weeks. I posted the flag a few days ago despite being short-term bearish I did believe this would play out.
support 918 Volume Growth Range break out 2 years Range depth 41% RSI Above 60
Amazing price action lately for bitcoin as it is now breaking up from a bullflag with a full measured move target from the flag of $64808. We can also see that if the current candle closes similar to the shape its in now that we would have a 3 green soldier candlestick pattern on our hands which most often s signals a bullish continuation. Of course there can...
EURJPY is currently in a bullish trend. Price is forming a bullish flag pattern, indicating a potential continuation of the uptrend. The pair is finding support at the 50% Fibonacci retracement level, adding confluence to the bullish bias. What you guys think of this idea ?
Solana seems done with it's local correction, which is also a nice consolidation that forms a bull flag, and we have 89min and 4hr stoch rsi rolling up. Not financial advice, DYOR.
Price is contained around 2000-2500 range for more than 3 years now. It could have broken out earlier but the financials are not favourable for that to happen. Despite the negative quarters for SRF price is still holding its range — this hints that: market is waiting for positive news and any little positive can bring rush in price movement! Since Management...
Gold bearish consolidation with conformation bull Flag pattern
*GLMUSDT - Golem - CMP - $0.40 / Positional Trade* *Buy At Current Price $0.38 / Strict Stop Loss $0.30* Target 1 - $0.55 Target 2 - $0.75 Target 3 - $0.95 Disclaimer: This is my view and for educational purpose only.
I'm closely monitoring AUDCAD, and here's why: 1. Bullish Flag Channel Breakout on 4-hourly chart: - AUDCAD has recently broken out of a Bullish Flag Channel on the 4-hourly chart. - This breakout suggests a potential bullish move in the market. 2. 5-0 Pattern on 1-hourly chart at 0.8829: - Waiting for a retracement, I'm eyeing the completion of a 5-0 Pattern...
Following the breakout in end-2023 from the diagonally-downward sloping channel dating back from mid-2021, the share price found resistance at the 0.236 fib level. Proceeding this, another fib could be drawn to identify the next support level. Everything indicates that support will be found at 0.382 fib level of the latter mentioned fib, this also coinciding with...
Darvas Box Strategy on Bullish outlook Looking to ride the wave up Expected bullish move in the next 4 or 5 days Buy or Long
BTC looks to be printing an atypical bullflag here with heavily contracting price action after the most recent run. I have been expecting a correction for a while and it just has not come, maybe we really do bust to 75k before, this would make a correction here a much higher price point. Using a 30% correction we will note the following. Correct here (62k) =...
Oil on a daily time-frame seems in an uptrend move, developing a big corrective flat, and when we go on lower timeframe like the 4H chart, there's also a flat correction within it, and that flat is a running flat i think, when we break above that correction we're gonna go higher, and the targets will be, 78.713, 80.002, 80.367, 81.404 , 81.866.
Following up on the Flag theme I am wondering if this is a "Pennant" which would take us up to the "Flag" absolute target and make a new 'All Time High'?
No harmonic this time trying something different; a bullish flag. If this goes right final TP will be 5200. Based on: - 1HR tf - Pole leg @ between 4946.5 - 5111.6 - I believe a channel has established and been respected - I believe breakout candle closed @ 5089.2 - I believe channel was RT @ 5065.8 LMK what you think, again I'm trying a different approach...