xauusd Gold buy setup possible hello traders gold has shifted the tide there is a buy pressure may be a new high on gold because what is going on the fiat currency also the daily the weekly also the monthly suggests bullish condition we have a flag pattern but it can easily be a triangle but now i see this lets see how it play out always wait the candle to close after the breakout ,
Bullish Flag
W9.1-32GBPJPY BULLISH IDEA (BULLISH FLAG & DOUBLE BOTTOM)POTENTIAL BULLISH ENTRY
Dow Theory In Place - higher highs and higher lows Expected in Place (Trend continues)
Formation of bullish flag coupled (continuation pattern) and double bottom coupled with bullish divergence
SL & TP Levels are defined.
45% Vs 57%Yes, we are in the middle of something, let me explain.
we have a well formed rising wedge that is a bearish pattern, inside of an giant bull flag in theory we should se that pattern ending but that pattern is inside of 3 symmetrical triangles, one confirmes another 2 close to be confirmed, the symmetrical triangle is a reversal confirmation, so we should see a continuation for the uptrend.
Green arrow point to the symmetrical triangles
Blue arrow point to the giant bull flag
Orange point to the wising wedge
If for some reason the rising wedge was the winner the next week, could take us 45% down from here.
But if the symmetrical is the right pattern and we are watching a trend change, we should see to complete the bull flag with more than 50%.
I think that because the giant bull flag is too old, the symmetrical triangles are dominant and we should se the up trend continuation.
Beautiful Buy Setup - Bullish Flag Pattern USD/JPY A very clean buy setup has presented itseld on USD/JPY. We can see a clear bullish flag pattern form right within a discounted Fibonacci retracement zone. We can also see price is respecting the 78.60% very nicely & the lower region of the flag pattern trendline.
Kaspa Daily Bull Flag TargetKaspa's rise has been nothing short of phenomenal. I believe this bull pennant forming on the daily will play out, and the targets could reach just under 6 cents. I believe Kaspa can go well beyond that as well, as it's technology is such a big advancement to the industry. I've had a big spot position on Kaspa since August and my current long position has been open for a couple weeks now. Kaspa has done ~20,000% since May, though, no charts on TradingView currently show it's whole lifespan.
If you want a list of reasons why I am so bullish on Kaspa, you check out this Reddit article I wrote. It's a ten minute read and in my opinion, well worth your time:
Mega List of Reasons for Kaspa's Growth - For Newcomers
Bitcoin - New CME GAP! + All unfilled GAPS (cheat)
Bitcoin has created a new CME GAP between 28215 - 28265. It's also the POC of the consolidation structure, so it could be a good short-term trade when the price makes a pullback.
First, let me explain some important facts about CME gaps. CME Futures on Bitcoin started in December 2017. We had dozens of unfilled gaps from 2017 - 2023, and all of them have been filled. So the statistical probability of filling these gaps on Bitcoin is 100%. When the CME futures started, the huge bear market of 2017–2018 started, and Bitcoin crashed by 84%.
Let me remind you (if you forget it), that the major CME GAP between 20330 - 21110 is completely uncovered, and the question is when we will cover it. It can take a few weeks or a few months, or maybe later. Time is not important.
In total, we have 3 unfilled GAPs on the daily chart. One is above the current price between 34450 - 35180. Two are below the current price, between 28215 - 28265 and 20330 - 21110.
On the left side of the chart, you can see fair value GAPS on the spot market. These gaps tend to be filled if they are massive, and these gaps are extremely huge. In my opinion, we are going to go down sooner or later, fill them, and take liquidity below 15.5k. It could happen in Q4-2023 or Q1-2024 due to my calculations.
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This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Thank you for reading!
Bitcoin - Last Stand For The Bears? ⚔️Taking a look at the Bitcoin Daily chart. We're at a crossroads with our precious Bitcoin (and all of crypto).
Bitcoin has shown remarkable resilience in the face of some serious FUD (Binance lawsuit + SEC warpath on all of crypto).
We’re approaching and beginning to test the zones of Summer ‘22 (blue zone), with most traders weighing the possibility of a push to $30K.
If we get a hard rejection at HKEX:30 ,000, a sharp move back down is what we’re eyeing up. Which is that blue demand zone we’ve mapped out.
However, if we see a continued push and price consolidation above HKEX:30 ,000, HKEX:32 ,000 would be next in line (bulls would be jacked up). To add to the bullish case, we are currently in a bull flag.
These next few weeks will be interesting as both stocks & crypto are approaching key price levels.
We've also drawn out a few bullish and bearish zones that could potentially be nice short/long opportunities.
If we see a strong push-up towards 31-32K, getting short would look quite enticing.
On the flip side, if we see a downward spiral toward the 19-20K area, and even below that, these would be juicy buy & hold prices (at least we think so).
As always, NONE of this is financial advice. Trade, and invest at your own risk. This is for educational and entertainment purposes only, and we are in no way shape or form financial advisors.
As always, eyes peeled out there team. See ya in the next one.
Bull flag forming on FTM looking to break April 20-24thHere is a simple bull flag formation with FTM looking to potentially break in the coming weeks. I am a long term FTM HODLer, I max stake the tokens. I use the rewards on big pumps to buy ecosystem tokens such as Equal, GRAIN, Beets etc. If this flag plays out we should see 62-69 cents.
Another example of a bull flag playing out on GLDThis is a safer setup we use for long-term calls as a hedge to our tech plays. I often like to use traditional assets that perform well during bearish times as hedges but by using calls instead of puts. Since I tend to perform better finding bullish price action, I like to use GLD and sometimes a few dow jones stocks as hedges.
Example of a bull flag on Riot that played outI mostly trade bull flags, especially if they are following a previous cup and handle breakout. Here is an example of a bull-flag we traded that played out to a massive upside, we used 30 day expiration calls on a strike of 10$ for this particular setup.
Potential Wash out before retracement to fulfill bull flag AVAXAvalanche has been in a 10 day range potentially filling out a bull flag formation. After the flag broke on the daily chart the trend became bearish wicking down back into the flag. This does not invalidate the flag, but if you like myself entered Avalanche early in the pole formation you could either exit on that first breakout or hang tight with a stop loss. The absolute level of a stop loss for a longer-term trade would be the red line. The blue lines are key levels within the past few months.
BTBT a crypto equity play in a Bull FlagAs seen on the 4H chart, BTBT is triggering a breakout from a High Tight Flag Pattern
( see the link below)
supported by the MACD crossing the zero line from below and the ADX indicator showing
the beginning of a bull trend abuve the green line at ADX 20.
Earnings are soon upcoming on March 29th and the prior earnings were decent
in the middle of " Crypto Winter" which is now rapidly thawing into the spring.
RIOT and MARA are breaking out BTBT is about to follow those leaders. A trader would
be "chasing" after the latter but taking a BTBT trade would be getting to the party
just on time. The call options table shows the 4/21 $1.00 strike at $40 premium
which rose 50% on Friday. I see this as an earnings play off the flag pattern
with great upside potential in the context of the resurgence of the cryptomarket
while banks with fiat currency have significant challenges ( or collapses depending
on what version of chaos you see,)