RILY looks very promisingNASDAQ:RILY is about to break out, price action in the recent down trending market is impressive. Long the break out of the flag, anticipated price action and targets are shown on the chart, stop loss 72$.
Hit the like button please if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Flagbullish
LUNA Breakout of Flag patternHi traders,
Here is another idea and TA for Terra LUNA coin from me. As I had expected in the previous related idea.
LUNA followed somewhat the same pattern, and has just broken out to the Flag pattern and now, we can observe if it re-tests the current support level. If it does, it should continue the direction of the original trend.
That could then be a Buy signal.
Happy Trading.
Thank you.
Disclaimer: This is not a financial or investment advise. Please do your own analysis before taking any trades.
SIKA - Flag pattern Breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
BTC: Can it be that simple? A Bullish Case on the Macro ScaleThe possibility of a double-top formation was identified and made a bearish case on the macro level for BTC.
On the other hand I see an other pattern emerging as well. You can see it with blue on the chart.
It's a Bullish Flag.
Enjoy & Trade,
Goraxes
*** Not Financial Advice. ***
NTWK is flagging and about to breakout higherNASDAQ:NTWK is flagging on high volume after positive earning. Long the break out of the flag pattern, anticipated price action and targets are shown on the chart, stop loss daily close below 4.3$.
Hit the like button please if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Flag Pattern Break Out Imminent On Maruti SuzukiFor my first ever TradingView post, here is a trade brought to you for free. As you can see in the image the flag patterns that Maruti Suzuki has been forming at 15 min timeframe. DO NOT CONSIDER IT A CALL. You can analyse for yourself as per the image provided and then put your thought in comment section if I made any errors. (Don't know if TradingView has one). NSE:MARUTI
YikesIf easy breaks the resistance we see 2.50 and it's a really long haul.
If not we see a good upward shift above 8.
Keep on staking.
Bullish Flag at Fantom FTMHello trader,
there could be an nice formation of a Bullish Flag at Fantom.
When we will see a bullish confirmation at round about 1$ with a daily and 618 Fib support, there could be a good chance for a nice long trade.
When we leave the channel, we could set another entry and with the setup for both entries:
Take Profit 1 at 1.27$
Take Profit 2 at 1.45$
Maybe you should stay with 10-15% of your entries in the trade.
When we break the resistance line of 1.45$ constantly, the next target is 1.65$.
Could we see a new alltime high? I have no idea. But when, we are prepared :)
Lets keep our eyes open for this :)
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Just remember - this is just an option and an idea of myself.
U can use my idea to do your own research and always take care of your risk management!
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Feel free to like and comment my post, if u like it :)
I wish you some profitable trades!
RELIANCE price action analysis - bullishNSE:RELIANCE did a breakout recently and made all time high. Looking at hourly timeframe it looks like it's consolidating and forming a bullish flag pattern. Volume is also contracting while the price is consolidating.
There's a gap to be filled from 2395 to 2412. It had a chance to fill it on 8th september but the price reversed from 2406. It would be interesting to see what happens next week. It might give a fake breakdown to fill the gap and then reverse strongly trapping bears. Hoping for a break from a bull flag structure with a volume influx. Happy trading!
FLY Dragon!I'm going to HODL dragon for several weeks, cause dragon is going to fly!
See my prior analysis on DRGN!!!