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Bullflagpattern

DOGEUSDT 1D BULL FLAGBull Flags are Ranges that are repeatable trading chart patterns. Bull Flag Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending Volume bars and descending ATR line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of volume average for a full position size. b - If 75% of volume average then ½ position size. (To find 75% of Volume look at the charts volume settings – divide smaller # into larger # = 75%+) If not 75% then stand aside from the trade. 2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order. Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit. *9 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit.
Long
by Tradingstrategyguides
YFIUSDT is ready for breakout from the bull flag 🦐YFIUSDT is testing the daily support. If the price will have a breakout from 4h resistance and flip into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
16
VET/USD Probability of going to $0,085 Cents Near/Short termAs price might seem Bearish to some, i don't think Vet is due to a drop lower.. Please note i might be wrong so DYOR. Price is corresponding to our Bull Flag and touched the 0.5 (golden zone between 0.5 and 0.618) level on the fib, i am expecting price to break out around 18 February and i have my targets at $0.085 cent. You might ask why $0.085? Well that's because my take profit level on the Fibonacci (-0.618) gives me a price of $0.085 and if i measure the low of the Flag pole to the top of it and place it on the bottom of the breakout zone then we have the same price target of $0.085. So, all with all i am Bullish on Vet and as always i wish you all good luck.. may your gains be strong! xoxo Mico
BINANCE:VETUSDLong
by Mr_Valentinovich
1
AUD USD LONG IDEA * PRICE ACTION SWINGHello everyone Hope you guys had a good week hopefully the markets have been good to everyone which is highly unlikely but hopefully. Here's a look at AUDUSD from the 4H perspective, which saw a breakout of structure the descending channel / bull flag signalling continuation we see a retest of the structure so looking for long entries on the pair targeting resistance level above . PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN as always many stars must align with the plan before executing the trade, kindly follow your rules. AND AS ALWAYS PERFECT OPPORTUNITY FOR INTRA-DAY TRADE EXECUTIONS AT THE ROOF AND BASE OF STRUCTURE WITHIN THE FLAG. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
1
Pardon the 15min > Bull flag on BTC New ATHPossibly the first hints of a run to 50K, I've learned not to get too excited and I do think the short sellers will be taking opportunities to scalp the euphoria (I would as well but with very tight stops). This takes time and don't worry about it if we go down again, it happens and cheaper bitcoin allows you to harvest more sats in the meantime. 48377 is new ATH but it did not hold (possible double top scenario), so be cautiously optimistic and we are headed into a weekend where a dump can happen. Hodl unless you know what you are doing and be cautious about your positioning if you are trading this.
COINBASE:BTCUSD
by JJMa
3