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Bullish Flag

EURUSD Going up - PMI beats estimatesHello Traders Here is a new BUY Opportunity, Eurozone Preliminary Manufacturing PMI beats estimates with 58.5 in October 💹EUR/USD BUY STOP ✅ Entry @1.16450 or above ✅TP-1# 1.16650 ✅TP-2# 1.16960 ✅TP-3# 1.17450 ✅SL# 1.15350 Source: www.fxstreet.com JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals
Long
by jamdejam
3
EURUSD-Weekly Market Analysis-Oct21,Wk5On the daily chart, EURUSD has broken and closed below the support. However, the 1-hourly chart, it presents a different view. There are 2 potential development over here 1) A sideway bounce setup that gives selling opportunity on the red line and buying opportunity on the blue line 43pips opportunity on the 1-hourly chart is not too bad. 2) If the candle breaks and closes above 1.1666, then a Bullish Flag Pattern would complete. However, it is a rather weak Flag Pattern caused by the retracement move on the 1st move. What intrigue me is the completion of the assumed Flag Pattern ends before the Key Resistance Level at 1.1683. Let's see how this trade pans out.
Long
by RaynLim
The Golden Bullflag breakoutWelcome back traders to another weekly view on gold, Gold is in excellent bullish form and is about to go vertical towards my 1870 target. The weekly closing price has nullified the chances for a retest of 1745, with bulls fortifying their gains 1771+ (23.6 fibo). Now the invalidation price for gold bulls moves up to 1770. Meaning a retest of 1770 is still possible and a break below it will break the current bullish structure. As a matter of fact, gold bulls broke the 2 year weekly bullflag with a weekly candle. This is starting to look like the start of something amazing. Let's analyse this baby. 📊 US GDP Two very volatile weeks are coming at us in full speed. We have the US GDP next Tuesday planned with a forecasted 3.5% GDP growth. There are rumours on the street who are whispering 0.5% GDP growth in Q3, which basically means the economy flatlined. Hard to guess numbers on this one, but what is sure, is that the GDP is pulling back from 6%. Chinese GDP last week disappointed also with the lowest growth since the start of the pandemic. As I explained before, this is extremely bullish for gold. 🔊 FOMC November 2021 The next risk event follows up rapidly on November 3rd with Powell set to announce the start of tapering, which is very bearish for gold. Whether that they will start in November 15th or December 1st, this day will be a big day in the market that will give direction for some time with gold set to retest the 1720-1725 level and its weekly bullflag breakout. 🔮 Cesaro's Crystal Ball Current rally has similarities with the start of the rally in spring 2021. I see gold breaking the triple top at 1830 and then go back to make a double bottom at 1720. The Daily & Weekly RSI closed 50+, stochastic RSI is in strong bullish momentum & an H4 golden cross is there to function as a cushion. I expect to see 1840 and 1850 in extension before the end of month with the US GDP to be the fundamental trigger. Trading remains an art of probabilities and the probabilities are high that the FOMC November meeting will be a reason for gold bears to show their strength. Ofcourse gold can keep blasting up from 1875, but I will keep an eye on that 50 fibo level at 1875 and I expect a strong bearish hostile take over from there to test bullish commitments and their bullflag breakout. Depending on the fundamental situation, bears might break through 1720 & 1680 aiming for 1650. Or... Gold bottoms at 1720, with bulls defending their bullflag breakout and we are heading for the 2000 break after. Cheers, Cesaro
OANDA:XAUUSDLong
by CesaroPelucci
3
EURUSD - Bullish Flag @ Low Price(*This idea is not meant to be any kind of advice. Trade on your own Risk!*) Here is the summary of the indications: Low Price Daily Broadening Wedge Above weekly Support Bullish Flag Pattern Target is at the height of the bullish flag pole ------------------------------ Hi Traders! The setup of this idea is that the market is at a relatively low price at the moment. Now, it is going up. If you zoom out towards the daily chart, you can see that the market is moving in a Broadening Wedge, from which it lastly touched the lower Trendline. However, now we are in a Bullish Flag Pattern. Simultaneously, we are above the major weekly Support. The target would be the next major Resistance at around 1.17400. This target is also at the height of the bullish flag pole - the distance, which is typically used for the Bullish Flag Pattern. If you have any questions, another point of view or something to add, please comment! Thanks and successful Trading :-)!
Long
by swissmoneymakers
7
ETH/USD: 0.618% Fibonacci Support EntryEthereum make a support above of $3,919 USD Aprox. This price level it's the 0.618% of Fibonacci. So, we're in this reversal later of this little drop. But now, we look a nice entry that you can to put a buy pending order in my exactly price to activate my buy order limit at $4.056 USD. And also, I want to share in H1 timeframe y perspective what I view. I view that we forming a double bottom and into it, we look a nice bullish flag. And now, Ethereum make this break-out of this chartist pattern and we look that Ethereum may to up. Now, as I know very well that Ethereum will continue up, I will put this buy order limit at $4,056 USD. And guys, congratulations for yours if you entry in my Bitcoin long position. I get 7% of earns in my past trade in Bitcoin. You can view my past analysis in the link to related idea to know more. Remember, I want to measure my goal to long term and get 300% by year in cryptocurrency. And I use it to accumulate compound interest for the next year. And a message for you. I look that Cardano has some trouble that this cryptocurrency could not to becoming popular as Solana it's wakening up now and there's a lot chances that Solana will becoming the best cryptocurrency. I do not invest in Solana, but I invest in XRP too. I'm more optimistic with XRP, but in the next future. I want to use XRP to accumulate compount interest until reach 500,000 XRP in a period of 4-5 years using my XRP collateral in Simple FX and trade cryptocurrency with my goal 300% by year.
COINBASE:ETHUSDLong
by harisonhbn9718
Ve-chain to go crazyHello traders and HODL-ers and welcome to my analysis. Ve-Chain chart shows some movement might be ahead. As you can see this symmetric triangle or flag pattern has taken weeks to complete and now it is on the cusp of breaking point. I have marked possible price targets with the lengths of the arrows and the fib-level; which, if happens could be a 4x (the arrow) or even 20x (1.618 Fib) rally!! Notice that the chart is drawn on log level and that's why the arrows are seen different in size, although they are cloned. I hope you like my analysis, please share your thoughts on this one with me.
Long
by s_hasan_zolanvar
Indus Towers Consolidating Near Monthly Resistance ZoneHello Traders. My View for NSE:INDUSTOWER is Bullish. The price is trading in a range and has been forming Bullish Flag Pattern near Monthly Resistance Zone. Once the flag pattern breakout is given then one can buy the stock above the resistance for short and mid term trade. Targets are given in the chart. Before you invest please consult with your financial advisor. I am not SEBI Registered Advisor and I am sharing the idea for educational purpose.
NSE:INDUSTOWERLong
by Ami8singh
Monero XMRUSD - Weekly cup and handle!- It is a right time to buy Monero, because of the cup and handle formation! - Target is 1:1 fib trend-based extension - in next leg up, so be prepared. - RSI is ready for a pump and once we reach all time high, we should accelerate in speed. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
BITFINEX:XMRUSDLong
by UnknownUnicorn2537518
3
BTC/USD: bullish channel flagBitcoin forming this bullish chartist pattern called bullish channel flag. This bullish pattern it's a bull continuation that there's bought entry in zones. Now, I look in H4 timeframe that there's a candlestick in process to be ending in 1 hour approximately. So, if we closed up with bullish signal, Bitcoin in the next hours could to continue climbing to my objective: $65,392 USD. So, this it;s my details how I will entry in this long position: 1. Trade Position: Long 2. Entry Price Order: $60,523 USD (Pending Order) 3. Target Profit: $65,392 USD 4. Stop Loss: $58,027 USD 5. Risk/Benefit: 2/4 Now, I make analysis in H1 timeframe to analyze better in short term, and also, I took some practice in H1 timeframe that I believe that I'm preparing to trade Bitcoin or any cryptocurrency in H1 timeframe. But, I want to choose some traders that I like to trade in H1 timeframe. And they're Bitcoin and Ethereum. Why? Because I choose these cryptocurrencies as I take as main cryptocurrencies to trade as I want to envolving in others financial markets very soon to trade together with cryptocurencies. I thinking that not just we can to trade cryptocurrencies, but we could to choose some pars of others financial markets like Forex, commodities, stocks market and many others financial market. But in yes, I follow cryptocurrencies like investment for aways making technical analysis always in Cardano, Chainlink, XRP, Litecoin, and much anothers cryptocurrencies. But, I just want to choose Bitcoin and Ethereum the only cryptocurrencies to trade more togethers with others financial markets. Now, the rest of cryptocurrencies I will make always technical analysis very enfocous for investment in short, medium and long term, including Bitcoin and Ethereum. I hope that will support you!!!
COINBASE:BTCUSDLong
by harisonhbn9718
1
Time to buy dYdX !!!!So dYdX finally did some decent retrace, actually a perfect retrace to the 0.382 Fibonacci level. We have 4 factors to buy dYdX right now: 1- 0.382 fibonacci support level 2- lower line of this bullish bull flag 3- diagonal support line that hold us from $10 till this day 4- Oversold RSI So it’s just a good bet to buy dYdX here Your target should be around $33 and stoploss should be at -$16 The only negative sign is the funding rate, which despite the bearishness of these past days it is still high af.
Long
by CryptoSep
7
FIO Protocol FIOUSDT - Ascending and Symmetrical Triangle +1500%- FIO Protocol (FIO) - Rank 425 - is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens. - From the technical perspective, we can see an symmetrical triangle on the daily chart. - Also we can spot an ascending triangle, which is very bullish with the combination of the symmetrical triangle. - Profit target is 1.618 FIB and volume is bullish! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
8
PolkaDot DOTUSDT - HUGE Secret Ascending Channel + New ATH soon- Polkadot is strong on the daily timeframe , as we can see. - The price broke out of the bullish falling wedge and now is unstoppable! - On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance. - Target top of the chanel or 1:1 fib extension on the daily chart. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Due to my Elliott wave count, the correction is totally over and we can expect a higher prices! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:DOTUSDLong
by UnknownUnicorn2537518
1
MBOXUSDT: just went above the bull flag patternHello there - we just got out of the bull flag pattern on the 15-minutes chart so that it means we are going to go till the next level of resistance at 4.475. This could potentially bring around 6%. We also have a bull setup on the 4h chart and came out of the up trend line on Oct 1, so I expect we are going to reach the 8.3 resistance level in a while. But of course, it depends on the whole market trend. This is NOT financial advice.
Long
by asphXshck