BTCUSDT TRADING POINT UPDATE >READ THE CHAPTIAN Buddy's dear friend 👋
SMC Trading Signals Update 🗾🗺️ crypto Traders SMC-Trading Point update you on New technical analysis setup for crypto BTC USDT BTC still rejected supply zone. Again. Back Short Trade. FVG level) 83k I'm want to Sell now short trend 📈
Key Resistance level 93k + 95k
Key Support level 85k - 83k
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Chartpattren
$GOOGL Rising bearish wedge with declining volume; $165 belowNASDAQ:GOOGL here looks weak to me trying to reclaim it's support of $175-$180. This is on my watchlist for a short term short, if this name tanks back into the $150's I will load everything I got for the long side. I see this name in a downside trend currently in a rising wedge with declining volume, buyers can't hold it up much longer. It's retested that support on 3 or more daily candles and hasn't busted through. I expect this name to drop into a support zone of $160-$165. I will look to enter puts off a retest of $176-$178 area keeping the stops tight.
WSL.
GOLD TRADING POINT UPDATE >READ THE CHATPIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold traders SMC trading point ☝️ list time post signals 🚀 Hit sucksfully My target point 2920 ) Now Gold rejected point below 👇 supply zone 2892- 2875 FVG level up trand My target 🎯 point 2961 long Trade 🤝. First take short trend 📈 And buying it)
Key Resistance level 2915 + 2920 + 2956+ 2961
Key Support level 2892 - 2875
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
GOLD TRADING POINT UPDTAE >READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 🪙 Gold Traders Gold Ready for again take New bos). Choch) FVG level up trand) Gold still going to bullish trend 🚀 I'm want buying it target point 2945 + 2956 Technical patterns.
Key Resistance level 2945 + 2956
Key Support level 2911- 2900
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺 Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 💥 Gold Traders Gold 4 Time Frame. Tast diamond zone support level. Close above EMA ) indicator. ) SMC Trading point expect it. Bull 🐂 trend 📈 supply zone 2920 2930. This levels. Expect it selling Arya )
Key Resistance level 2920 + 2930
Key Support level 2852 - 2834
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
ADA/USDT at Decision Point – Major Move Incoming!ADA/USDT is testing a major resistance zone after retesting the 100 EMA and bouncing from the rising support line. The price remains in a long-term symmetrical triangle, with the resistance trendline as a key breakout level.
The Stochastic RSI is recovering from oversold levels, indicating potential bullish momentum. A breakout above resistance could trigger a strong uptrend continuation, while rejection may lead to a pullback toward support.
Bitcoin Cash at Critical Trendline – Next Big Move?Bitcoin Cash (BCH/USDT) is currently showing signs of a strong reversal after testing a key support zone and the ascending trendline. This level has acted as critical support in previous price cycles, making it an important area to watch.
The price has rebounded from the strong support line, which aligns with the accumulation zone from early 2023. Additionally, BCH remains within a long-term descending channel, with the upper resistance line acting as a ceiling for previous bullish moves.
$COIN Spinning Stop Candle in Downtrend; ReversalWe have 7 days of straight beating, assault, slaughter and murder. Do I think this thing reverses 10 fold? No but do I expect a bounce into the mid 220’s? Yes. RSI is relatively low (sold) for its name, it fundamentally smashed earnings and the candle here that closed on the daily is known as a spinning stop with a green closure. Expect a volatile move soon - tomorrow or and into Friday. NASDAQ:MSTR held up well today. This is always a craps shoot, no matter the trade, no matter the look of the chart and all the indicators we use. It just creates an edge. Good luck. I’m going to look at calls here for a bounce.
Wall Street Loser.
ARKM | CHART PATTERNS | BUY the BOTTOMARKM is a fairly new altcoin that's been on my TOP alt list for some time.
The bearish M chart pattern is a pattern that signifies a large correction, especially in the macro timeframe such as the weekly. By looking at the chart, e can see the correction is nearly over since it has almost retraced ack to opening levels - almost .
Opening levels have in fact not yet been retested, and this may be a great place to stack up / re-accumulate if you're a believer.
Another ALT that's seems to be approaching a bottom is AVAX:
______________
BINANCE:ARKMUSDT
Bitcoin (BTC/USD) Trade Setup – Potential Bullish ReversalHelle Guys Here Is My First Analysis On BTC/USD Keep Me Update In And Follow Me For More Instrutions thanks
On the 1-hour chart, Bitcoin recently broke out of an ascending channel but faced a sharp correction. Price has now found support around $94,400, which aligns with a key demand zone. A rebound from this level could trigger a bullish move toward the $99,700 target, where strong resistance is expected.
Trade Plan:
Entry: Near $96,200, after confirmation of support.
Target: $99,700 (key resistance zone).
Stop Loss: Below $94,400 to manage risk.
If price holds above support and reclaims key levels, a bullish continuation is likely. However, failure to hold could lead to further downside. Traders should monitor price action and volume for confirmation before entering.
Let me know your thoughts in the comments! Do you see BTC recovering or breaking lower? 🚀📉
Must Support Me And Share it With Your friends And Family thanks Trade At Own Risk and Strategy
The SECRET to BULLISH CHART PATTERNS | EducationBullish chart patterns play out towards the upside... atleast most of the time.
In some cases, a bullish pattern forms - seemingly strong- but ends up going the complete opposite direction. There is a way to navigate this very frustrating outcome - by waiting for confirmation.
Through waiting a little longer, you will surely reduce the profits - but this greatly reduces the risk of playing a "failed" pattern.
Keep a close eye on this bullish chart pattern forming on SUI:
__________________________
# Shree Cement , 1W and 1D Good Looking Pattern for Breakout , Bullish Pattern
It is Positional Setup .
Enter when the Upper Trendline Breaks and
Be careful when You enter because They are chance to happen false breakout . Avoid False Breakout by Considering the Nifty50 Trend .
aim for 30% in short Term and aim for up to 80% in Long Run .
This is my Point of view .
If you want to trade the good patterns and want to learn the good price action trading
follow me and like the charts to encourage me .
#NH , 1D and 1W Bullish Pattern
Looks Very Good in Weekly And Daily Time Frame , It is Ready for Breakout from Pattern .
It has Repeated the same pattern in Past so High chances to go up .
if u find this Chart Helpful pls like and Follow for More like this charts .
I am A Swing Trader , Trade only Price Action Patterns .
SUI | ALTS | BULLISH Chart Pattern?A bullish chart pattern is forming on SUI in the daily chart.
It should be noted that this patter is still premature - meaning that it's not yet completed and there is not yet the confirmation that we need to act on it:
Don't miss the most recent update on XRP here:
_________________________
COINBASE:SUIUSD
#BAKEUSDT shows correction signals📉 SHORT BYBIT:BAKEUSDT.P from $0.2670
🛡 Stop Loss: $0.2834
⏱ 15M Timeframe
✅ Overview:
➡️ BYBIT:BAKEUSDT.P experienced a sharp upward spike, reaching $0.2834, but was followed by a strong decline, indicating profit-taking from major players.
➡️ POC (Point of Control) at $0.2837 shows a high-liquidity area where most trading volume occurred, suggesting a possible resistance zone.
➡️ The $0.2670 level currently acts as short-term support, but a confirmed breakdown could trigger further downside.
➡️ The chart structure signals a potential correction after this steep rally, making short positions at these levels attractive.
⚡ Plan:
➡️ Enter short after confirming a breakdown below $0.2670.
➡️ Risk management through Stop-Loss at $0.2834, placed above the liquidity zone.
Targets:
💎 TP 1: $0.2585
🔥 TP 2: $0.2452
⚡ TP 3: $0.2310
🚀 BYBIT:BAKEUSDT.P shows correction signals — expecting further downside!
📢 BYBIT:BAKEUSDT.P saw a vertical spike, but the lack of strong buying interest at higher levels suggests potential profit-taking.
📢 If $0.2670 breaks downward, we could see continued selling pressure towards $0.2310.
📢 However, a breakout above $0.2834 could change the scenario, so risk management is crucial.
GOLD - at DO or DIE area, holds or not??#GOLD - well guys as you know that today is CPI day and we will see aggressive move in market according to technical point of view we have single supporting area that is around 2881 to 2886
that is today most expensive region.
and only holdings of that region can create and resume buying trend again otherwise below that market will again drop towards his next supporting areas.
so don't be lazy here and stay sharp at that region and don't hold your buying positions below that.
NOTE: we will go for cut n reverse below 2881
good luck
trade wisely
GOLD 4H CHART ANAYLSIS / BULLISH OR BEARISH? READ CAPTION PLZ4H Gold Analysis – 7th Feb 2024
Dear Traders,
Today's market movement aligns with our strategy of buying dips. Here's a summary of key insights:
Previous Chart Review (5th Feb)
* Target 1 (2850.15) ✅ – Successfully hit
* Target 2 (2876.95) ✅ – Successfully hit
* Target 3 (2903.76) – Pending
Key Resistance Levels Activated: 2850, 2876
Goldturn Levels Hit: 2852, 2828
What is next for Gold? Bullish or Bearish?
* Price Action Expectation: Movement between Goldturn levels with EMA5 confirmation for trend direction.
* Strategy: Monitor EMA5 crosses for trade entries.
Bearish Case
* If EMA5 stays below 2850, expect a retest of Goldturn levels.
* Scenario 1: Below 2823, likely drop to 2803.
* Scenario 2: Below 2803, expect 2776.
* Scenario 3: Below 2776, target 2747 (major demand zone).
Bullish Case
* Scenario 1: Above 2852, target 2876 ✅ DONE
* Scenario 2: Above 2876, target 2903.
* Scenario 3: Above 2903, target 2925.85.
Trading Strategy
Short-Term:
Use 1H/4H timeframes for pullbacks at Goldturn levels.
Target 30-40 pips per trade for optimized risk management.
Long-Term:
Maintain a bullish bias, viewing pullbacks as buying opportunities.
Avoid chasing tops; buy dips from key levels for better trade positioning.
Trade with confidence and discipline. Stay updated with our daily insights to stay ahead.
Support us with likes, comments, boosts, and follows!
📉💰 The Quantum Trading Mastery
GOLD 12H CHART ROUTE MAP ANALYSIS FOR THE WEEK Dear Traders,
Here is our 12H chart analysis and target update:
Previous Chart Review:
Outcome:
✅ All targets and entry levels (marked with Golden Circles) were achieved as predicted.
TP1 2745 - DONE
TP2 2786 - DONE
TP3 2826 - DONE
Market Overview:
* ENTRY LEVEL: 2814
* Target TP1 successfully hit already at 2858
* GOLD is trading at an ATH of 2858, oscillating between the weighted level with a gap above 2858 and a gap below the 2814 Entry Level.
* FVG are offering strong support in this range.
Resistance Levels:
2858, 2903, 2948
Key Support: 2618
Support Levels (blue GOLDTURN Levels are activated):
2813 (Critical Weighted Level)
2770 (Critical Weighted Level)
2710 (Critical Weighted Level)
2664 (Major Support Level)
2618 (Lower Major Demand Zone)
EMA5 (Red Line):
* Currently below TP1 (2858), indicating sustained bullish momentum.
* EMA5’s behavior will be pivotal in determining the next price action trajectory.
Recommendations
* Focus on EMA5 Behavior for further confirmation
Bearish Case:
* If EMA5 holds below TP1 (2858) and resistance levels remain intact, bearish momentum may drive prices to retest GOLDTURN weighted levels.
* Scenario 1: If EMA5 crosses and locks below Entry 2813, expect further bearish movement toward GOLDTURN 2770.
* Scenario 2: If EMA5 crosses and locks below GOLDTURN 2770, anticipate another decline toward the major support at GOLDTURN 2710.
* Scenario 2: If EMA5 crosses and locks below GOLDTURN 2710, anticipate another decline toward the major support at GOLDTURN 2664.
* Scenario 2: If EMA5 crosses and locks below GOLDTURN 2664, anticipate another decline toward the major support at GOLDTURN 2618.
Bullish Case:
Scenario 1: If EMA5 crosses and locks above TP1 (2858), the next bullish target is 2903.
Scenario 2: If EMA5 crosses and locks above TP2 (2903), the subsequent bullish target will be 2948.
Short-Term:
* Possible Reversal at the weighted GOLDTURN levels
* Utilize 1H and 4H timeframes to capture pullbacks at GOLDTURN levels.
* Target 30–40 pips per trade, focusing on shorter positions in this range-bound market.
* Each Level allows 30 -40 pips bounce, buy at dip level for proper risk management
Long-Term Outlook:
* Maintain a bullish bias, viewing pullbacks as buying opportunities.
* Buying dips from key levels ensures better risk management, avoiding the pitfalls of chasing tops.
Final Thoughts:
Trade with confidence and discipline. Our detailed and accurate analysis equips you to navigate market movements effectively. Stay tuned for daily updates and multi-timeframe insights to stay ahead in the game.
Please support us by likes, comments, boosts and following our channel.
Best regards,
📉💰 The Quantum Trading Mastery
Bitcoin - Weekly updated chart and expected movesAs we all know about bitcoin past moves in 2017 and 2021 every thinking about same move according to that move bitcoin would be 280K now but bitcoin is doing rally/Range between 100,000-110,000 this rally continue till 2026, then we see a good move of retracement till 73,000-74,000.
This move is logical understandable because after breaking of cup and handle pattern BTC does not even touch these levels again so for continuation of trend BTC should give this level once again.
I am out for now because this rally can give a good dump so we should be careful about this every time.
As we all know that once a higher high breaks than for continuation of trend a retracement is compulsory this for all kind of stocks in the world which we did not seen after USA elections.
GOLD TRADING UPDATE >READ THE CHAPTIANBuddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup Gold take a oderbolk going to back up trand 😜 (SMC) Gold today test diamond 💎 zone 2730 support level akvite buying padding orders I will see again for buying higher level 2785 )
Key Resistance level 2763+ 2771 + 2785
Key support level 2730 + 2720
Mr SMC Trading point
Support ✨ My hard analysis setup like And Following 🤝 me that star ✨ game 🎮
What Is a High and Tight Flag Pattern, and How Can You Trade It?What Is a High and Tight Flag Pattern, and How Can You Trade It?
The high and tight flag pattern is a formation in technical analysis, signalling a continuation of a strong bullish trend. Recognised by its sharp rise followed by brief consolidation, this formation is highly valued by traders. In this article, we delve into the specifics of the high and tight flag pattern, its characteristics, and how to trade it effectively.
Understanding the High and Tight Flag Pattern
You have heard of the flag pattern. The high and tight flag pattern is its version.
The high and tight flag pattern is a powerful and rare chart formation used in technical analysis. It signals a potential continuation of a strong upward trend and is favoured by traders for its reliability in bullish markets.
This formation is characterised by two main components: the flagpole and the flag. The flagpole is formed by a steep price increase, typically ranging from 50% to 100% over a short period, often spanning one to three weeks, though potentially more or less. This sharp rise indicates strong buying interest and momentum.
Following the flagpole, the flag appears as a brief consolidation period where the price moves sideways or slightly downward. This phase also usually lasts one to three weeks and represents a pause in the upward trend as traders take profits and the market digests the sharp rise. The flag portion should retrace less than 20% of the flagpole's height to maintain the pattern's integrity.
The high and tight flag is highly valued for its effectiveness. When the price breaks out above the upper boundary of the flag with increased volume, it often signals the resumption of the bullish trend. Traders view this breakout as an opportunity to enter or add to positions, anticipating further upward movement.
Characteristics of the High and Tight Flag Pattern
Here are the specific criteria that define the high and tight bull flag.
- Steep Flagpole Formation: The formation begins with a sharp price increase. This rise is typically between 50% and 100%, which is commonly observed in stock and crypto* markets. For forex or commodities, traders can simply look for large, outsized moves that may result from significant news events.
- Flag Formation: After the flagpole, the asset enters a consolidation phase. This is how the flag is formed. This part of the pattern appears as a brief sideways or slightly downward movement, indicating a pause as the market digests the rapid price increase.
- Retracement Level: During the flag formation, the price generally retraces between 10% and 20% of the flagpole's height. This retracement doesn't need to be an absolute 10% to 20% decrease in price but rather a proportional pullback relative to the initial rise.
- Timeframes: The high and tight flag can occur across all timeframes and assets. However, it is generally more accurate on medium-term timeframes, such as the 1-hour to 4-hour charts. This makes it particularly useful for swing traders who focus on these intervals.
- Breakout Confirmation: For the pattern to be validated, the price should break out above the upper boundary of the flag with renewed momentum. This breakout often signals the continuation of the prior bullish trend.
Why Does the High and Tight Flag Pattern Form?
The high and tight flag pattern is based on a combination of strong buying interest and market consolidation. Initially, a significant catalyst, such as positive news or earnings, drives a sharp price increase, creating the flagpole. This rapid ascent attracts more buyers, amplifying the upward momentum.
Following this surge, the market enters a brief consolidation phase where traders take profits and the price stabilises, forming the flag. This pause allows the market to absorb the gains without a significant pullback and accumulate more positions.
The pattern forms as investors await further confirmation of the trend, often leading to a breakout above the flag. This breakout signifies renewed buying interest and the potential for continued upward movement.
Trading the High and Tight Flag Pattern
Now, let’s look at general trading rules applied to the pattern. To trade the high and tight flag chart pattern for yourself, head over to FXOpen.
Step 1: Identifying the Initial Steep Flagpole Movement
The first step in trading the high and tight flag involves spotting the initial sharp upward movement, ideally within a broader uptrend. This steep rise should be between 50% and 100% over a short period or a noticeable sharp move, indicating strong bullish momentum. Traders often draw a trendline from the low to the high of this movement to visualise the flagpole.
Step 2: Watching for the Consolidation Phase
Following the flagpole, the price typically starts consolidating. This phase can appear as a weak downtrend or a sideways range, usually accompanied by lower trading volume. Traders can draw trendlines to mark the upper and lower boundaries of this consolidation, forming the flag portion.
Step 3: Waiting for a Breakout
The next crucial step is to wait for a breakout above the upper boundary of the flag. This breakout can occur at the flagpole's high or above the upper trendline drawn during the consolidation phase.
To confirm the breakout, traders often use technical indicators such as a moving average crossover or the Relative Strength Index (RSI) moving above 50, indicating bullish territory. A tightening and widening of Bollinger Bands can also indicate a breakout is underway. It’s also best to wait for a close outside of the upper boundary to prevent trading a false breakout.
Step 4: Entering the Trade, Setting a Stop, and Taking Profits
Once confirmation of the breakout is found, traders enter a trade as the price breaks out or at a retest of the trendline. Setting a stop-loss order below the low of the consolidation phase is a common risk management strategy. This helps to potentially limit losses if the formation fails to hold. Profits might be taken at a 1.5x extension of the flagpole, i.e. taking half of the flagpole’s size and adding it to the flagpole’s high.
Advantages and Disadvantages of the High and Tight Flag Pattern
The high and tight flag is a popular tool among traders for its reliability and clear signals, but it comes with both benefits and challenges.
Advantages
- High Reliability: When identified correctly, this pattern often indicates strong bullish continuation, providing clear entry points.
- Strong Momentum: The pattern reflects significant buying interest, suggesting sustained price movement.
- Easy Identification: The sharp rise followed by a brief consolidation makes it visually distinct and easier to spot.
Disadvantages
- Rarity: This pattern is relatively rare, limiting trading opportunities.
- False Breakouts: Without proper confirmation, breakouts can fail, leading to potential losses.
- Market Dependency: Best observed in stocks and cryptocurrencies*, it may be less effective in forex or commodities.
- Risk of Over-Reliance: Solely relying on this pattern without additional analysis or indicators can increase trading risk.
The Bottom Line
The high and tight flag is a powerful tool for identifying strong bullish trends. By understanding its characteristics and applying effective trading strategies, traders can potentially enhance their market performance. To put these strategies into practice and take advantage of market opportunities, consider opening an FXOpen account. FXOpen offers a robust platform for trading and a wide range of assets to help you execute your trading plans with confidence.
FAQs
What Is a High and Tight Flag Pattern?
A high and tight flag pattern is a chart formation in technical analysis that signals a continuation of a strong upward trend. It consists of a steep rise in price (the flagpole) followed by a short period of consolidation (the flag). It is typically seen in stocks and cryptocurrencies* and indicates strong buying momentum, though it can be applied to forex and commodities.
How to Identify a High and Tight Flag?
Identifying a high and tight flag involves looking for an initial sharp price increase of 50% to 100% over a short period, forming the flagpole. This is followed by a brief consolidation phase, where the price moves sideways or slightly downward, usually a retracement of 10% to 20%, creating the flag. Drawing trendlines along the high and low points of these phases helps visualise the pattern.
What Is the Buy Point for a High and Tight Flag?
According to the theory, the buy point for a high and tight flag occurs when the price breaks out above the upper boundary of the flag. Traders often look for confirmation of the breakout using indicators such as a moving average crossover or RSI moving into bullish territory. By entering a trade at this point, traders can potentially take advantage of the continued upward momentum.
*At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients.
Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
ETHUSDT TRADING POINT UPDATE >READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ crypto Traders SMC-Trading Point update you on New technical analysis setup Ethusdt looking higher level pullback up trend 📈 RSl and EME) INDICATOR) Technical patterns Ethusdt bullish trend 📈🚀 4TF Close above EMA) More bullish )
Key Resistance level 3342+3431+3525+3749 +4111
Key support level 3052 - 2979 - 2920
Support 💫 My hard analysis setup like And Following 🤝 me that star ✨ game 🎮
GOLD TRADING POINT UPDATE > READ THE CHAPTIANBuddy'S dear friend 👋
SMC Trading Signals Update Gold Traders SMC-Trading Point update you on New technical analysis update) Gold still going to buying zone ☺️ 🥂 running BSS AND CHO) patterns Now Gold making a new Bss again back up trand safe buying zone 2759) And Next buying target 🎯 point 2800) fundamental analysis / trump telling more rates cute ) that is expected it more gold)))
Key resistance level 2788 +2797 +2800
Key support level 2764 -2759
Mr SMC Trading point
Support 💫 My hard analysis Setup Lik like and following me 🤝 that star ✨ game 🎮