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Bullflags

NIKOLA in MEGA Bull Flag! Steroid injection Coming?For those who havent taken profits from Nikola's awesome earnings day, Nikola might be in a mega bull flag on the daily. Since June, Nikola has been slowly sinking downward and has hit close to the bottom. Today is the first day Nikola has risen outside my wedge formation and it looks like it needs ONE more down turn before it springs up like a mad man. Up above Nikola still needs to gap fill by at least around 48 dollars where likely I will take profts but leave some in to hold to see if it will explode higher up to 78 dollars where another gap is at. But don't count on that necessarily. It might take months to climb to that area. Either way, Nikola is only a few days to a week away from spring loading one last time. So if you still have your Nikola from the bottom, awesome! If not, you may get one more chance to scoop some when it bottoms out before a possible huge shot up.
NASDAQ:NKLALong
by Harley_Drake
9
Platinum --> Metal Slug 🦐Recently all the metal markets drove by the upmove of gold has risen and created new highs. Platinum created recently on the daily chart a bull flag. During this week the market broke the flag and broke the resistance structure. According with our strategy we can look for a nice long order. ––––– 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.
TVC:PLATINUMLong
by InkyGrip
2
Potential descending channel for MMED?The green upward sloping line of support is potentially keeping a bullish flag in play here, but it appears as though downward pressure is indicating there may be a retest of the bottom blue channel where I have the red arrow pointing down. KEY TAKEAWAYS A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Traders who believe a security is likely to remain within its descending channel can initiate trades when the price fluctuates within its channel trendline boundaries. A more potent signal occurs with a breakout, which is when a security's price breaches an established channel's boundaries, either on the upper or lower side.
M
by ScotianBot
EURUSD 1.14251 + 0.37 % LONG IDEA * CONTINUATION PTTNS Good Day Everyone A look at the EURUSD from the 4H chart the pair has been in a uptrend since breaking out of that descending triangle currently just broke out of a bullish flag which could be signalling a continuation to the upside on the pair. the pair is currently retesting the bullish flag structure upon close this past week looking for continuation to the upside of this move. lets see how it goes will be holding the trade on swing for the week... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
4
Bull flag or not ? Is this a Bull flag pattern or continuation of the downtrend channel ? We will know soon :) Chachain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
CRYPTOCAP:TOTAL
by Anoinvest
12
GDR when Moon?Current pattern is still very corrective, the 1st demand zone has been broken so now moves towards the second between 53p-60p. This would break the lower trend line so it would be likely just a wick to this zone. There is also a gap to close in 59p here. Targets are still the same, as per previous chart the correction retraced more than 61% so initially would not count it in 5 waves to the upside but in 3 waves as ABC. Targets are the same for the net C wave 1:1 and 1:1.618. But consider to TP at 0.618 of the C wave as well if it truncates. Does not need much to move this as the correction is way overstretched reflecting the delay in the news and should end here somewhere.
LSE:GDRLong
by tempertrade