Get started

Bullish Pennant

Kiwi : Long Worth TryingBullish Pennant pattern is observed in NZDUSD. And the formation has begun. I improvised a bit since I saw the signal late: I put my Fibonacci Retracement Levels and chose 0.00 as Stop-Loss and 0.618 as Take Profit point. Thus, the parameter contains a much higher Risk / Reward Ratio. Bullish Pattern target is higher. The guarantee approach has been demonstrated. Parameters Position Size : %1 (0.01) Leverage : (50 - 100x) Risk/Reward Ratio : 2.97 Stop-Loss : 0.64627 Goal : 0.67407 NOTE : This idea was created by inspiring Romeo_Deris's idea of ​​NZDUSD. You can see it in related ideas.
Long
by Noldo
$DIS At Bottom Of Ascending Channel. Looking To Retest The Top.Disney is consolidating at the bottom of it's channel. It's been in consolidation for a week now and it's ready for a move to the top. It has now formed a bullish pennant and has been tethering a breakout of consolidation. If you look closely at the bullish pennant you'll see the recent price movements hinting that $DIS will soon breakout of the flag. With the news of Disney finally expanding to 8 more countries very soon + the reopening of many Disney studios & parks. This stock is in a good position to rise. Both the technicals and fundamentals validate a move up. On average a rise to the top of a channel takes 3 days and consolidation about about a week. Disney is ripe for a breakout as it has been consolidating for a week and there is now catalyst to initiate a move.
NYSE:DISLong
by OlaOluwalade
EUR/USD Are we done retracing?Let me know your ideas. I upload signals almost everyday, If you want to get daily signals remember to FOLLOW and turn your NOTIFICATIONS ON! 🤗 TELL ME YOUR FAVORITE CHARTS! I'M BRANCHING OUT! You can always show your support by liking, following or commenting! Much love to all, have a great day traders! Disclaimer The material and information contained in this analysis is for general information and educational purposes only. You should not rely upon the material or information on any of my analysis as a basis for making any business, legal, or any other decisions.
by BostonJoe
Bullish Flag or a Bullish Pennant for TNY?Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another variant is called a bullish pennant, in which the consolidation takes the form of a symmetrical triangle. The shape of the flag is not as important as the underlying psychology behind the pattern. Basically, despite a strong vertical rally, the stock refuses to drop appreciably, as bulls snap up any shares they can get. The breakout from a flag often results in a powerful move higher, measuring the length of the prior flag pole. It is important to note that these patterns work the same in reverse and are known as bear flags and pennants. What is a Pennant? In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines - the pennant - followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole. Bullish pennants, just like its name suggests, signals that bulls are about to go a-charging again. This means that the sharp climb in price would resume after that brief period of consolidation, when bulls gather enough energy to take the price higher again. Pennants are often continuation chart patterns formed after strong moves. After a big upward or downward move, buyers or sellers usually pause to catch their breath before taking the pair further in the same direction. Because of this, the price usually consolidates and forms a tiny symmetrical triangle, which is called a pennant. Higher lows on the RSI & it is trading at approximately 52. Traditional interpretation and usage of the RSI dictates that values of 70 or above suggest that a security is becoming overbought or overvalued and may be primed for a trend reversal or corrective price pullback. An RSI reading of 30 or below indicates an oversold or undervalued condition.
CSE:TNYLong
by ScotianBot
$GC_F -- Bullish continuation on inverseI believe that $GC_F has one more big move up where it will test the previous ATH level. It still has alot of strength after breaking out of its inverse h&s pattern. Now its forming a bullish pennant where I believe it will breakout of the pennant to reject the current highs, retest the pennant top line or somewhere around there then breakout to previous ATH levels where it will then dump hard. Really hard/impossible to predict it 100% accurately but this is what i think will happen. thanks for reading.
COMEX:GC1!
by Bearish-Bulls
YUM Brands Update - Bullish PennantPennant Pattern - Continuation Pattern. The brand owns: KFC, Pizza Hut, Taco Bell, The Habit Burger Grill and Wing Street worldwide. Long Term Analysis (Go long Option 2) - It is a Bullish Market and it was a bullish Market just before the COVID-19. YUM BRANDS adjusted it assets to accommodate the new market requests. Wait the right time to go Long, perhaps once the level 83.50 is achieved, we can think to go long Short Term Investment - Go short (Option 1) up to 83.50
NYSE:YUMShort
by Mauriello
YUM BRANDS (PIZZA HUT, KFC)Yum! Brands The brand owns: KFC, Pizza Hut, Taco Bell, The Habit Burger Grill and Wing Street worldwide. Long term analysis - Market was bullish before the Virus and it changes quickly to accommodate the virus/crisis requests, so it should keep going upward - Bullish long term Short Term I would go Bullish - same direction of the trend, but there is an Option B where the price can jump back to 84.00 Technical Analysis pattern - it seems to be a bullish pennant/flag (rectangular) pattern (more flag less rectangular).
NYSE:YUMLong
by Mauriello