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Bullish Flag

Bull Flag Formation on H1Our analysis for the week still stands and no changes to plans. Market volume low and not much movement. We will update any changes to our plans, as the week unfolds. This is quick post of a bull flag formation identified and a fib extension at 50% inline with 1822. We don't rely on chart patterns alone, as they can be inaccurate but they work well alongside other indicators and analysis to support an overall projection. We are looking for price to support here to continue further movement to the upside. If this support level breaks then the lower levels of 1782, 1771 and 1766 will be hit. We will still continue to buy dips and trade these levels unless 1766 is challenged and broken. This will change the structure in which case we will re-evaluate our setups Please don't forget to like, comment and follow to support us; GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSDLong
by Goldviewfx
10
GOLD is UN VALUATED! This is a CHANCE for a safe PROFIT! Hello everyone! We all know that gold is the safest investment in the long term. Inflation is rising and in my opinion, it does not look like it will end this year. What I'm writing is contradictory to what they are talking about on television, but I know there's more to it. Gold is undervalued and should cost at least $ 3,000 during this time. Taking into account the purchasing power of "money" and the demand for gold. Since the rally which started at the end of 2018, the price has increased by 76% in less than 2 years! If we were to repeat this with a percentage, the price would hit $ 3,200 1 # The first target of the flag pattern is $ 2250, assuming there is a retest at the indicated location. Strong resistance to break is in place of the previous $ 2075 ATH. In my opinion, we will jump over it with ease. 2 # Second target at $ 2700. A place that matches FIB 2.618 together and potentially the same height, which took place in 2019. It's worth investing with gold the long term. We can be sure that it will only go up. Comment and like, Greetings
FOREXCOM:XAUUSDLong
by SayMoney
It could be the last chance for BTC 🦬Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 BTCUSDT- Daily Time Frame - Candlesticks 📌 Bull Flag - Fractal - Support Resistance zone 📍So, BTC is playing around the 45k - 48k price zones lately and decisions are really hard to make at the moment. Therefore most of the traders have no clue in which direction price may go further. 📍I can see a possible bull flag here like the one we have seen at September this year. 📍 This bull flag is also combined with a three drive pattern which also can be seen here in the chart. Both scenarios are bullish for mid-long term 📍 There is also a bullish divergence in daily time frame in RSI which can make the price grow BUT 📍 There are a couple of new scary bearish signs in sight, like: 1- HUGE monthly bearish divergence 2- Double Top in monthly time frame 3- Double Top in weekly time frame 4- Double Top in daily time frame 5- Close of the RSI below 50 level in weekly time frame 6- Daily ichimoku cloud 7- POSSIBLE Death cross in daily EMAs 8- Close of daily candles under the 200 EMA 👉🏼 Here is the RSI bearish divergence along with double top pattern which is really scary, and the scariest bearish sign that can reverse the price 📝 In conclusion, 40k-44k price zones is very important; once they are broken we have to worry for long and mid-term price reversal 📝 The next very important price zone is the 29k-32k; we can expect a very long wick to those levels once the 40k level is lost 👉🏼 Here is my bullish flag TA in 27. September which did not get enough attention and everyone was worried about the price reversal :) 📝 As a matter of fact this time I'm less bullish with all those bearish signs! THIS IS NOT A FINANCIAL ADVICE PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION GOOD LUCK NP TRADER
Long
by C_EWAVE13
4
Bharti Airtel correction over?Hello Traders, The last trade HCLTECH given yesterday hit the first target and we are booking it in this choppy market. The next stock is also a one to go long on as it seems the correction in bhartiartl seems to be over and done for. There's a demand zone near 650 levels which has been tested and stock took a good demand and reversed from here, we'll try to buy after the breaking of first resistance i.e 670. Buy Above 670 Targets mentioned in the chart above lease LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:BHARTIARTLLong
by this_is_shoaib
NIFTY 50! as on 3/01/2022Shared this analysis of nifty 50 on 20 december! That expecting the bullish move AND HERE IT IS!! Forming a Flag Pattern and gave a breakout and a good bullish move in First trading week of 2022! AS I ANALYSED EARLIER!!! A good Resistance level at 17665 where nifty presently is! A higher probability of retesting till 17380 or 17230 and then a pullback as ( Flag pattern is a bullish pattern) Expecting NIFTY to hit 18110 And 18610 !! Can take a bullish move after 17665 good breakout! Check out previous analysis on my profile!
NSE:NIFTYLong
by shivamalang
BTC/USDT 1W time frame CHART#BTCUSDT Exclusive TA update :- $BTC currently trading at $47000 IMO this is best time to Buy #Bitcoin in 2022 As per chart $45000 is Strong Weekly resistance. December Monthly Close Price is $46200 Which is act Like Strong support. And $44000 also Monthly Good Support level . $46400 is Weekly Strong Support. Perfect Stop Loss for Spot Entry:- $42000 If Hold $44000 Monthly support then My 1st Target will be $55000 Most Important Point= If $Bitcoin Break $655000 resistance then we can see Agaain All Time High 69000 Then next target will be 80k then final 100k Bear View If break $44000 support and any Weekly candle close below $44000 then BTC bearish . And If #btc Break 40K level Then we can see again 28800 Support Levels:- Monthly = 44000 Weekly = 46400 Daily = $45000
by MrSaqii512
AUDUSD expected buy after continuation pattern completesPrice reacted at a key level around 0.69935, it approached the key level with a descending channel which shows a potential reversal. A bullish engulfing pattern was then presented on the weekly timeframe, which added to the confluences we already had. After that l we were expecting a continuation pattern to confirm that the market is indeed buying. The continuation pattern is currently being created in the form of a bullish flag on the 4h timeframe, this gives us all we need to know that we are going long. Look at buying AUDUSD when price breaks the flag on the upside at around 0.71934 with stop loss just below the flag and go for a 1:4 RR. Solospike Trading
by Solospike_Trading
5