Possible long on the Hour Bull Flag Due to the recent weakness of US Dollar and the strength of New Zealand Dollar, the Bears were not given chance to triumph at the hour supply zone, instead a flag was formed.
The Bulls blueprint at that zone may induce the Bulls to come in one more time to continue what they unleashed.
An Intraday or scalp opportunity is given with nice low risk.
Bullish Flag
Bullish rectanglePrice is currently consolidating inside a bullish rectangle. A breakout looks very feasible. We can take short-term buy opportunities at the bottom of the channel. We don't want to trade against the trend, so we're not taking any short position.
We patiently await the breakout.
#Risk Management
# Good RR
#Simple chart pattern.
GBPJPY Bullish FlagHey traders, in the coming week we are monitoring GBPJPY for a long opportunity around 155.250 zone. We noticed the breakout of the bearish trend on the monthly frame in combination with this bullish flag patterns. once we will receive any bullish confirmation the trade will be executed.
Trade safe and use proper risk management.
Chiliz CHZUSDT - Huge symmetrical triangle +1000% GAINS!- Chiliz CHZ - Rank 65 on coinmarketcap.
- We can spot a symmetrical triangle on the weekly chart, that looks really nice!
- RSI is prepared for a huge pump to the upside.
- Stop loss below the triangle.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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BTC - A Trio of WedgesBear Pennants breaking bull, and a deep wick back-test of support into a Confirmed Bull Flag has BTC forming another pennant. The consolidation after the shallow break of the Head and Shoulders continues. Akin to the wake of a boat, the three peaked pattern overshadows price as digestion continues.
Bullish rectanglePrice is currently consolidating inside a bullish rectangle. A breakout looks very feasible. We can take short-term buy opportunities at the bottom of the channel. We don't want to trade against the trend, so we're not taking any short position.
We patiently await the breakout.
#Risk Management
# Good RR
#Simple chart pattern.