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Bullflagpattern

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
BTC sojourn in the Mid 40sIf the channel holds true, down to 44K and possibly lower as things get excessive in crypto (this is the way). Some distribution appears to be happening between 46-48 K, which in a way is good news for those that wish to gamble on Alts and such. Tempted to sell a bit into fiat, but honestly I don't feel comfortable doing that right now. Every time I want to "trade" BTC with the methods I have available to me, I have to remember that the exchanges that I have access to are not ideal with regard to stops and such; what I then do is I will look to my forex account and play with that to satisfy that desire. At most I will be harvesting Alts into BTC periodically, and perhaps if the dip is enough, start tapping my stable-coin streams once the amounts/conversion rates make sense. Honestly, would prefer if BTC remains relatively stable for a period of a few weeks so that I can continue accumulating in my ways. Were I to have access to leverage and a proper exchange, right about now I would be taking minor short/scalping opportunities on BTC perpetuals with very tight stops. Mind you, if this channel proves true, it can be considered a bull flag for an eventual shot at 50K and beyond. I still think that 50k will be a tough nut to crack and unless we get a fundamental event (Elon Musk purchasing 1.5B for Tesla coffers level of event), shorts will make their move just below this level. Either way, keep stacking if you don't have enough, and hodl unless you really know what you're doing.
COINBASE:BTCUSD
by JJMa
1
ADA/BTC w/Bull Flag appears ready for liftoffADA/BTC is looking very bullish again w/bullflag pattern, looks like it is going to continue it's upward movement anytime. It looks good to go on longer time frames as well, IMO obviously. Let me know your thoughts. I appreciate any input for or against. Thanks in advance This isn't financial advise, I'm not a professional TA by any means, we all need to do our own research and come to our own conclusions. Good luck! Chart has the following indicators/strategies: the Ichimoku Cloud, RSI and Moving Average (light blue line). Also, if you agree with the above and decide to invest in ADA or really any of the ALT coins, I would highly recommend to keep an eye on BTC, because as we all know, when BTC moves quickly/aggressively it drastically effects the ALTS!
by lwoods33
NIO Recharged?(NYSE:NIO) NIO Limited designs, manufactures, and sells electric vehicles in the People’s Republic of China, Hong Kong, the United States, the United Kingdom, and Germany. The company offers a range of electric SUVs. It is also involved in the provision of energy and service packages to its users; marketing, design, and technology development activities; manufacture of e-powertrains, battery packs, and components. 2 Scenarios im looking at currently. Bullish Outlook: - Potential Bull flag Pattern forming - Still in Uptrend - Sitting on Daily Support - Daily Support is aligning with 0.5 Fib Retracement I'm waiting to see if Support holds and reaction from Uptrend, Bull flag validation relies upon upper downtrend trendline breaking. Bearish Outlook: If Daily Support fails and Trend Breaks then I'm looking to see what happens at EQ 48.94 "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
NYSE:NIO
by Trader_Johnni
1
EXIDE - Multiple confirmation trade opportunity - Swing TradeThe above analysis is done purely based on price action and chart patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. (This stock was analysed few months ago as well. To check that analysis, see the idea linked below) The logic behind this analysis is explained in image itself. It is a multi-confirmation trade opportunity. (Pls note that even after multiple confirmation, there's always a chance of trade going in opposite direction, hence trade as per your own risk management & position sizing) Entry can be made between 190-CMP. Targets and SL is shown in image itself with proper logic. The zoomed-in image to show the formation of morning star reversal pattern at 0.618 Fibo level is below - Zoomed-in image showing formation of Bull Flag pattern is below - The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management. [/ b] Feel Free to comment for any queries regarding the above stock or price action analysis in general. Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
NSE:EXIDEINDLong
by AdityaKarn90
3
ICICIBANK - Bull Flag Pattern breakout - SwingThis analysis is done purely on basis of price action and chart patterns Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target Stock is has given volume supported breakout after good consolidation phase. This is not a trade recommendation. Do your own study before entering into any trade. Trade with your own risk & money management. Feel Free to comment for any query or suggestion. Do check other ideas based on similar pattern breakout. The link is below.
NSE:ICICIBANKLong
by AdityaKarn90
ZILUSDT is creating a Bull Flag 🦐After our idea with amazing profit , $ZIL.X is creating a bullflag on daily chart. IF the price will have a breakout upward, 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
32