Bullish Penchant formation on GMRInfra with a small SLBuy GMR Infra, it might breakout from the Flag formation. Keep SL on the resistance below.
FLAG
The bull trap has started !A new falling wedge has been formed just after the rising wedge which is a very very bearish sign in longterm but for the short term you can expect a slight bull ascension and then the true crash start !
BTC Bull Flag Daily ChartA potential bull flag has formed on the daily chart for BTC. What's important now is determining where the bounce will be.
I will be looking for a daily candle to create a new high before treating this pattern like a bull flag.
While looking at the Fibonacci set up, it is possible to see BTC bounce at the .382 Fibonacci level ($37,569).
EURUSD - Bullish Flag PatternHi Traders!
The market seems to move in a daily Range.
However, the market was at the daily Support and
it even broke the daily Trendline.
Now, the market is pulling back and it makes a bullish Flag Pattern.
This pattern gives buyers, who didn't bought yet, the oppurtunity to enter.
It is possible to directly enter at the Break of the Flag, but then
you had to put your SL below the last Low --> which is far away.
That's why you could enter in another way:
Wait for the Break of the last High, then wait for the Retest.
When it comes back from - or even if it is still retesting -
you can buy from there. The SL is still below the Low, but it is much closer.
And if the SL is closer, we have a better RTR ratio!
Trade at your own risk!
Thanks and successful Trading :-)!
PS: If you can't follow, then comment below, so we can illustrate it closer and you potentially learn something new!
RIOT - Bullish flag pattern on 4 hrBullish flag pattern on 4 hr chart. With BTC and ETH up 1 -2 % over the weekend, look for Crypto stocks to get a little pump on monday. Open interest for Aug 20 expiry - 3100 $35 Aug 20 calls, 4600 $40 calls. MARA MSTR BTBT are other bitcoin related names to watch.
AUDUSD - SELLWe have nice impulse and correction like a flag. If today this bar close like bearish engulfing from 50% Fibonacci level I will place Pending order below the flag.
If this happend expect for long term to go down to 0.70350
Good luck!
Agricultural Commodities in the RiseThe bullish flag pattern was resolved. Continuation of the bullish trend seems to be very likely.
XLM flag breakoutXLM flag breakout on the daily. Flagpole extended from 0.20 to 0.28, breakout of the flag around 0.26 so price target would be around 0.34. Good luck all!
✅GOLD: H&S OR BULLISH FLAG? LONG🚀
🏛GOLD is trading above a horizontal support level
In a way, that might be interpreted in two ways
Some see an awkward bullish flag
Some see a double headed Head And Shoulders pattern
That looks just as weird as the flag
I seem to be bullish biased on gold
However, lets wait for the bullish breakout
To get the confirmation!
CAREFUL LONG🚀
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BLINK CHARGING CO FLAG AND POLE BLINK CHARGING FORMING A CLASSIC FLAG AND POLE PATTERN ON A WEEKLY TIMEFRAME.
UPSIDE OF 52% AT RESISTENCE ZONE AFTER BREAKOUT. SMALL STOP LOSS BELOW THE TREND LINE WITH LOW RISK TO CAPITAL.
FEEL FREE TO LEAVE YOUR FEEDBACK
THANK YOU
✅NZD_CHF BEARISH BIAS|SHORT🔥
🏛NZD_CHF is trading in a falling channel
That is also a bullish flag pattern
But until we see a breakout to the upside
I will remain bearish on the pair
And the nearest target I see is the key support level
That is about 3% below the current price
SHORT🔥
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