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FLAG

🔥 SHIBA Bear Flag: Volatility ExpectedSince yesterday's massive sell-off, SHIBA has been following a clear triangular pattern, also known as a flag. Since the pattern appears during a bearish trend, it's a bear flag. Consolidation patterns, like this flag pattern, often result in a volatile move once the pattern is complete. Since this is a bearish continuation pattern, statistically a bearish break out would be more likely. However, the current dip is being bought up very quickly, so I wouldn't be surprised if SHIBA made a bullish move withing the next couple of hours. In case of a bullish break out, wait for the price to close above the yellow dotted line before entering. Same goes for bearish, but on the other side of the pattern. Targets placed at recent local tops and bottoms. Happy trading!
by FieryTrading
20
NIFTY - FLAG in making, Wait and Watch is better for nowTRY TO SEE MEDIUM TERM TREND, SUCCESSFUL CLOSING ABOVE 15100 (W), WILL CONTINUE THE BULL RUN FOR MINIMUM 3-9 MONTHS... NIFTY HAS VERY HUGE TARGETS MAY BE 18K ON CARDS Take this opportunity to start adding quality shares in every dip/correction DON'T PANIC, IF YOU ARE AFRAID OF CORRECTION - SWITCH OFF TV ... LOOK FOR OTHER THINGS, DON'T LOOK AT MARKET FOR A MONTH 1 DAY COVID STORY HAS TO GO AWAY... HAVE PATIENCE...
NSE:NIFTYLong
by ShareTrading_
#SQ Bull Flag SetupSquare has been hit really hard lately but the good thing is the chart has painted for us a really nice Bullish Flag setup to add to our watchlists for a reversal or a breakout to jump in with shares or for my option traders like myself a good call setup, i'm looking at the FLOW on Unusual Whales closely to see when to jump in exactly Especially now that Jack Dorsey has stated this will be his main focus moving forward it paints good picture for the outlook of SQ.
NYSE:SQLong
by Stock_Hustle21
EURHUF bearish scenario:In this pair, technical analysis shows a technical figure Flag. The Flag broke through the support line on 01/12/2021. EURHUF is forming a bearish formation on a daily chart. If the price holds below this level, we will have a possible bearish price movement with a forecast for the next 6 days with a target of 361.08. According to the experts, your stop loss should be around 371.98 if you enter this position. Data-wise, the EU published the Consumer Price Index, which surged to a record high of 4.9% YoY in November, according to preliminary estimates. The core reading printed at 2.6%, much higher than the previous 2%, piling pressure on the European Central Bank to start trimming facilities. On Wednesday, Germany will publish October Retail Sales, expected to have dropped by 2% YoY. Markit will publish the final readings of its Manufacturing PMIs for the EU. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Short
by legacyFXofficial
1
KDAUSDT Breakout and UpdateSo, if you jumped on this when I first mentioned it, you made quite a large return. After a nice long consolidation period, its on the move yet again to my major target. Now, there will be some resistance along the way so if you are swing trading this, you will likely be taking profit at those areas and re-entering etc. Anyways, it looks good from here and I expect the asset to move past my major target throughout this leg of the bull cycle. Thanks again everyone!
Long
by mysticalwalrus
14
CRVUSDT Breakout and moves to TargetYet another example of an asset ready to move and helped by a little BTC push upwards. CRV was in a flagging pattern for awhile now and it was only a matter of time before it started to move towards the target. I think it still has a bit more juice in it before it starts to consolidate again before continuation. Once BTC gets going, its should head to the target without issue. This will likely create a small basing pattern and give us another smaller target. Thanks again everyone!
Long
by mysticalwalrus
13