Either a bullish flag or a grave trap.Markets open with a new outlook as Best Buy retracts as bears win vs bulls. Markets will pick up towards the holidays. Plus, things are heating up quite a bit.
The opening bell will either follow a crashing index drop and likely more cascading. In the odd event that does happen, it would be unfortunate to long. Shorting was more profitable prior to the likely prices Monday.
Bullflags
Bull flag on NEO!Hello, Traders!
ETH/BTC seems to be breaking out one Bull Flag,
Here is a strategy to bull flag buy. Our buy point is above this maximum accumulation, stop on second support on intraday timeframes.
On the chart, we mark important information as entry points, Stop Loss, and our objectives are bull flag projection
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Bullish Flag breakout for PRMW?The KST has seen some very healthy bullish crosses, I've placed three green finger icons to represent each golden cross.
It's always possible we see a fake-out to the upside similar to the fake-outs to the downside where I have placed the two sideways blue icons underneath the baseline support of the pattern.
On the RSI it's possible we see a retest of the downward red sloping resistance of either a descending triangle or bullish flag, if we get a retest and rejected the bottom of the pattern is going to need to hold for the bullish flag to stay in play.
Bullish Flag breakout for DKNG??It appears as though DKNG is breaking out of a bull flag, very interesting bullish cross on the KST.
The first green finger on the KST back in April is what we want to see happen again, not like the red finger icon in July which basically resulted in choppy trading.
Higher lows on the RSI and it's looking like a higher high is going to occur in the near term.
Overall a few bullish indicators, add to the fact Michael Jordan Joins DraftKings as a Special Advisor to the Board and there's sentiment for upside price action.
GBPSGD on the break of a bull flag 🦐After the break and retest oof the discending channel between the blue trendline the market has created a strong impulse to the upside.
Price on the 4h chart retraced creating a Bull Flag between the yellow trendline.+
According with PLnacton's strategy we can set a nice long order.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
UPS BULLFLAG PT $178UPS just formed a Bull flag that if broken to the top should propel the stock to around $178. I do see the possibility of this consolidation to the lower end of the channel which would be $155. If that is broken, we can definitely see UPS work its way down the engulfing candle and find support with a bounce around $145. There is also a MASSIVE gap that needs to be filled around $124 and 134. Manage risk
Took a trade at a confirmed bull flag LINK USDTThe bull flag on the daily chart LINK USDT confirmed. I's a risky trade, because the top of the bull flag is all time high, I cannot refer to history to determine my target. I trade on confirmation of a (very) clear bull flag on the daily chart and the respect for the EMA20. To determine my target I will look closely to price action and probably will use Fibonacci. My stoploss is at 10.2195/10.2185, based on the previous low on August 9, minus 1x ATR.
Bullish Flag or Descending Triangle for TNY?It's very possible we see a golden cross on the KST in the near term, and if not this pattern will probably end up finishing bearishly.
The three blue finger icons represent previous golden crosses on the KST, I have place a question mark to represent the fourth bottom because we'll need a few more trading days to see the direction more precisely.
UPDATE DJI consolidate for a break 🦐DOW JONES has been consolidating on the 4h timeframe below the resistance structure.
As we expected in our last analsysis market retraced in a bill flag.
On the false breakout of the lower structure market took liquidity o break the flag and currently testing the resitance structure.
At the break of it we can place a nice long order according with our strategy.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
Pop-N-LokWe've been in this and just doubled up today. First initiation was back on July 13th but the Oct 19's. This morning we also bought the Oct 21's looking for an additional aggressive move to the upside with it flagging again. Options are stupid cheap.
12,927 or even 17,146 coming THIS WEEKEND or NEXT WEEK!Yes, I said it. Bold prediction I know. But, the way I read the charts, it looks as though all the stars are aligned. I've been wrong before (why I always set my stops), I could be wrong again. But geez people, just have a look at these indicators!
DOW JONES consolidate for a break 🦐After the last leg up DOW has been consolidating ina range between 2 structure.
At the break and close above the upper structure we can set a nice long order according with Plancton's Strategy.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
RGL 120% Bullflag Break(ASX:RGL) Riversgold Ltd is an Australian based gold exploration and development company with projects in Australia and Alaska.
With Solid Fundamentals, Announcements inbound and Clear TA forming this is shaping up to be a Great Trade & Investment.
Chart:
- Completion of Bullish Pennant
- Classic Bullflag Formed
- MACD Reversed and Spreading
- RSI trending upwards
- Ichimoku Conversion and Base Line set for a cross, Lagging Line can clear structure and run, Cloud currently being tested
- Fractal Targets lining up with Previous Structure and 2018 Highs
- Fib Extension -0.272 also lining up with Previous Resistance (2018 Highs)
- EMAS crossing Bullish
- Market Structure over the last 2 week indicating change in direction
- Risk/Reward +5:1 minimum
Fundamentals:
> CR being completed for upcoming Drilling Campaign for its Kurnalpi Project (WA)
> Boots on Ground already (Geologists and Team on site)
> 1000 KM Tenement (<600 KM of which has been never explored) 50km from one of the BIGGEST GOLD Producing Towns in WA Australia (Kalgoorlie)
> HIGH Grade Prospects Identified
> Over 40 Exploration Targets identified in its first pass magnetics scanning with Quarterback Geological Consultants prioritising exploration and anaising Rock Chip Samples
> Upcoming announcements for Aug/Sep
I'm eager to see what Exploration Results come from there Culter Exploration Project , Open in all directions, and HIGH Grade results across the 500m Strike Zone are both Shallow and Deeper Intercepts
10m @ 11.0g/t Au (from 24m)
4m @ 5.3g/t Au (from 30m)
3m @ 6.18g/t Au (from 38m)
1m @ 19.0g/t Au (from 64m)
1m @ 62.9g/t Au (from 129m)
With Gold prices still currently holding north of US$1900 the sector is a buzz with excitement and activity. They have the Leadership Team, Tenements in GOLD RICH Location, Government Approvals, 'Boot on Ground' and they have Cash at hand. Now they just need the results!!
EYES ON!!
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!