HI TRADERS... Bitcoin is inside of a big Pennant pattern and after touching up and down several times its going to break the top of the Pennant and start another big move again. be careful until the BTC didn't get out from this pennant pattern we cant be sure about the direction and starting of rally but i bet on upward move.(fundamental and technical) Be careful...
Hello traders: Similar like EURNZD, I do see EURAUD can have a potential reversal from the top of the structure. We see price has already impulse down from the HTF since the Covid time, and has been in this larger structure since early June. Latest price action has a push to the upside, top of the structure, double tops area, and price has been stalling...
Hi traders: Looking at GOLD for potential sell move down to the previous lows. We have seen GOLD consolidate for a while since the strong bearish drop from early August. Price has been in a side way consolidations, and we see many LTF corrections and impulses. Latest price shows a recent double tops, and price impulsively break below the correction its in,...
Hello everyone: NASDAQ is looking very clean for the next continuation down. We see price dropped down impulsively from the top, broke out of the HTF ascending channel. Then we see price begin to consolidate, and potentially forming a correctional structure. I do see this as a continuation, to correct the previous down move. I would like to see price...
So just taking a little look at Boeing today, I've been waiting to see this 2nd flag pattern come to a end and shoot up. I still have high hopes for Boeing. Maybe it will stay above the 100day EMA??? Do you think a 3rd Flag Pattern will happen???? $235 Price Target. I could be off by a few days and a couple dollars but IF it does break out im predicting it will...
Hi everyone: Looking at NZDJPY for sell opportunities. Price is sitting at the top of the larger structure, double tops, and correctively moving up in an ascending channel. I will be waiting for a confirm breakout from that channel, and lower time frame continuation correction to get in the sell. Look to see how price will do once hits the bottom of the...
This is an update on the daily time frame for gold. Things have changed. I see some sort of continuation pattern developing creating probability for the upside. Note carefully my disclaimer below. For every probability estimate in one direction there is always a residual probability for the opposite direction (- this is why we have stop-losses which must...
After higher time frame completion of bullish flag pattern and a strong push to the upside we are witnessing a bearish flag pattern entry taken on third touch.
BINANCE:XRPBTC Hi Everyone, XRP/BTC has been consolidating for several days, forming a resistance/support level pattern that looks like a bull flag , I also noticed that every time the market get to the resistance level , they are pushing really quickly the price back, forming doji all the way. This particular dojis can be interpreted as market showing off...
Monthly Chart shows a very nice Bull Flag for SLV A long stock play can be done if I want to hang onto the stocks for a few months. The length of the flag pole shows about a $3.5 move, so an option about half way up that move with the expiration of March would also work. In fact. I'm looking at the decently16 s priced strike that expires on March 31 2020 ...
USDJPY Long on Flag pattern reversal happened on monthly support and very nice buy candle take profit caused a flag pattern NOW. more buy is on the way.
entry : 0.00000169 -0.00000176 ------------------------------------- t1:210 t2:250 ------------------------------------- stop loss :156 -------------------------------------
We are seeing a nice flag formation in the gold price. Such triangular patterns are always followed by a breakout that bulls and bears will be watching closely. Will it be a break higher, or a break lower? Which one are you -Bull or bear, or don't care??
A "Triangular Flag" pattern is generally a very bullish signal for short term traders. Basically it consists of a spike (the flagpole), followed by a period of sideways trading where the swings up and down gradually become smaller (the triangular flag). At some point, we reach the tip of the flag (the pointed end). The price can then break up or down from...
Gold is in a wedge right now and a flag is forming. With this flag we can see a good buy and sell.