__________________________________________________________________________________________________________________________________________________________________ Hello my friends! This is a update-analysis on a idea I made november last year! I called that we are trading in a huge bull-flag with two possible outcomes. Now we can see that the bull-flag I...
Hello traders and community! Looking on the current cryptomarket situation, LTCUSD is forming an interesting pattern which is worth to look at. On the daily timeframe you can see that LTCUSD is forming an triangle-formation. This is a pretty worthy signal because we have several factors which make clear that LTCUSD will make some more legs down. In my chart you...
Uptrend Observation: The first notable aspect of NSE:FSL stock is the sustained uptrend it has displayed over a significant period. This bullish movement is characterized by higher highs and higher lows, indicating a strong buying interest in the market. Identification of Pennant Pattern: A Pennant is a technical analysis pattern that resembles a small...
The hated hatted-goose formation defies wall street, central banking, and centrally controlled governance. Watch out as many crypto companies, organizations, and groups of decentralized intelligence seem to be poised for upward movement long term. SC is bullish .
Hello dear traders and community. Looking on the daily chart of USDJPY we see an interesting setup forming here. On my chart you can see the huge head and shoulders formation forming. It is a complex head and shoulders formation with two minor left shoulders already formed in the major left shoulder. Also it is inverted that means it can complete with a bullish...
NSE:ONMOBILE Is forming Pennant. The trade should be taken only after confirmation of pattern that is after closing of candle above pattern. Target and stoploss for the same are given
Euro is trending up while the dollar is heading lower. We're at the bottom of the broadening formation, a break in LTF structure is a good trigger for a long to the top of the megaphone, not that I believe in LTF structure breaks per se - I'm already long. Trade will take 2 - 4 days I expect. You can take profit at the top of structure (BSL), at the top of the...
Looks like a perfect long entry .718 golden pocket lines up with imbalance and has a strong market support area right under it. We are now confirmed bullish after a recent break of the newly forming bear structure. Im now looking for uj to retrace and go back up.
Bajaj Auto (NSE Ticker: BAJAJ_AUTO) is forming two back to back bearish patterns on the hourly chart. First bearish pattern: Broadening formation Second bearish pattern: Head & Shoulders We see high probability of fall in price in the coming days toward measured move and 200SMA target of 4410.
formation base at lower levels, debt-free company, extractive PE levels
✅AUD_USD broke out of the Bearish flag formation While trading in a downtrend So we are bearish biased And a further move down Is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EurCad Head And Shoulders Pattern Short in H4 Order Block important zone.
IOTAUSDThad a false breakout from its daily resistance level and is currently consolidating below it. The market is creating a pennant, which is a common technical chart pattern that can indicate a potential continuation or reversal of the current trend. Traders who follow technical analysis may be watching for a breakout from the pennant pattern to signal the...
GRTUSDT is creating a pennant below the 4-hour resistance level, following a previous bull run. A pennant is a technical chart pattern that is formed when the price moves within converging trendlines, forming a symmetrical triangle shape. The pattern is characterized by a sharp price move in either direction, followed by a consolidation phase where the price...
As per the previous idea, ETHUSDT had a nice impulse, indicating a potential uptrend in the market. Currently, the price is creating a pennant on a weekly key level, which is a significant level for traders to watch out for. A pennant is a technical chart pattern that is formed when there is a sharp price movement, followed by a consolidation phase and then a...
KAVAUSD is making a nice a-b-c pullback within wave B/2 after an impulsive rally into wave A/1 from the lows. It's currently already sitting at interesting 0.80 support area, from where we may see a continuation higher into wave C or 3, especially if we also consider nice and clean inverted Head&Shoulders pattern. Technically speaking, if the price rebounds back...
From the current market structure I'm favoring a major move to the down side on GBPUSD.
I want to see this formation on DXY, on 5 min chart, to look for long opportunities on EURUSD and GBPUSD. Price should come at 102.400 level and form a distribution.