XAUUSD right now emerging continuation patterns. Gold buy 1954 Stop loss 1948 target 1975 and 1983.
Well this "Pennant" has taken just under 3 weeks to form which falls in line with Bulkowski's rules and at the moment has just fallen short of his target so far! If we go to absolute target(100%) then I would expect it to reach $36,210. thepatternsite.com
CME:6C1! has been consolidating at recent lows for so long. Finally, there has been a break out of a large pennant on the weekly time frame with a smaller bull flag forming now, but can Canada keep the momentum going???
* 4H BTC was dumped due to FUD last week. But this was a bear trap and a long squeeze. If you look at the linear chart, it's supported by an uptrend line starting at 24.8k, and it's rolled up quickly with triangular convergence. It's slowly going up, supporting the bottom of the triangular convergence and the uptrend line. On this basis, it seems more...
dxy looks close to closing at a lower-low in this ongoing down-trend. The last coffin nail was Nov 2022 when EMA30 was crossed. Everything else is noise.
If you're new here check out my previous set ups on BTC and make sure you don't miss this So we have a bullish pennant that is currently been retested, however i expect that BTC will test the liquidity point at 30k/ 30100 before we can fly and create a new year high. Even though there is a strong probability that it will range from 31400 to 29700, doesn't mean...
Salesforce ( NYSE:CRM ) is making an impressive pre-market move, poised to kick off the day with a breakout from its pennant formation. By taking into account a measured move from the previous consolidation phase, coupled with a measured move from the onset of the formation, we can project a potential target range of $233-238. Interestingly, this aligns with the...
Take entry at 1460 to 1475 1st target 1849 2nd target 2220 Strong sl 1305 This counter always in bulish mode. From 2015 it's gave 39000% return. Don't avoid just enter.
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price made correction below $30350 level, which coincide with resistance area, but soon backed up. Next, BTC rose to $31110 point and then bounced down to support line, which is located below $30350 level. Then price backed up again to...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to the new BTC update. BTC is currently trading around the $30.2k level. As you see in the chart, it is forming a bearish pennant in 1hr time frame. It already breaks down this pennant and a retest is also done. According to this pattern, we might see a big...
Hello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that price a few time ago bounced from the seller zone, which coincide with the resistance level, and made an impulse down below the buyer zone, which coincide with the support level. After these movements price tried to rise, but failed and later declined to...
Bunge Limited ( NYSE:BG ) is an American agribusiness and food company, incorporated in Bermuda, and headquartered in St. Louis, Missouri, United States. As well as being an international soybean exporter, it is also involved in food processing, grain trading, and fertilizer. The daily chart shows the stock exploded to the upside from $30 in 2020 to a high of...
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊 A not long time ago price bounced from $1.2545 point to support line, which is located below support area. But soon British Pound rolled up and made strong upward impulse higher of resistance area, which coincided with resistance level. Thereby price broke two...
Axsome Therapeutics Inc (AXSM) I have been in this spot trade since $50.77. We are now at $72.93. I have much higher targets as you can see from the chart. This is a long term trade looking to hold for 12 – 24 months however feel that something is going to happen within 6 – 12 months based on the chart. - Forming pennant on chart and RSI. Potential for...
Nice breakout of bullish pennant pattern, best long position with with TP at 1.69200. Expected will have pullback before reach the target.
Hello traders, I want share with you my opinion about Euro.By observing the chart, we can see how the price a few days ago declined from the support level, which coincide with the buyer zone to the support line, after which it bounced and made a strong impulse up to the resistance line, breaking the seller zone, which coincides with resistance level. Also, the...
a big flag breakout follow with a smaller pennant breakout. next level to break.. $31,500. once clear off, next resistance at $34K- FWB:36K DYODD
Bullish pennant flag pattern building here. - Recent strong bullish movements - Indicators showing signs of further bullish movement - In line with the overall trend - Looking for a break of the resistance level around 109.30