Flag
BTC agains SP500 looks positiveTo be honest, Bitcoin seems very negative both in the graphs against the dollar and against gold, but nevertheless against the SP500 it seems very positive as long as it does not break the two supports (black line and red line) and manages to overcome the orange resistance .
XAUUSD - Sell Stop Analysis
Bearish Flag
We will enter when it breaks the 4hr support 2315.315
Trade Plan
Entry: 2314.493
SL: 2335.781
TP1: 2271.784
TP2: 2271.784
Dollar Index (DXY): Bullish Trend Continuation Pattern
I see a nice bullish pattern on an hourly time frame on Dollar Index.
After the price set a new higher high, the market started a correctional
movement within the expanding channel.
Such a channel is called a bullish flag pattern.
Bullish breakout of the resistance of the flag is a strong bullish
trend-following signal that indicates the strength of the buyers.
With a high probability, the market will keep growing.
Next resistance - 106.25
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NVDA bull flag forming ?Mac D is about to cross on 4H uptrend holding, holding 124 level potential breakout to upside
if you missed the rally up...Now is time to go down. Bearish flag after a double top. Continuation pattern to the its way down. I'd buy puts instead of shorting, it could spike up hard and and use a lot leverage if you short it. Give it time, like 4 or 5 weeks.
Oil Moves Higher as Geopolitical Tensions Trump Weak DemandI think there is upside potential. The price of Brent crude is expected to be $92 per barrel in the third quarter and perhaps challenge $108 again in the future.
USDCAD - Sell StopUSDCAD - Sell Stop
We see bearish flag and it will tend to go down if it breaks previous low.
$TSLA Breaking Out of Bull Flag ConsolidationTesla is has been showing bullish consolidation since April 29 2024, breaking out today, with a close above the yellow line is extremely bullish. Our bull flag target is the purple line. There is minor resistance at the grey line, which can easily be surpassed.
CADJPY - Sell StopCADJPY is near to it's all time high and chances are a strong bearish trend.
The divergence shows the momentum of bulls is declining. We still do see bullish candles but if the please starts breaking previous lows, it will continue to push down.
The order may cancel if the price continue bullish move.
APOLLOHOSP, Bull FlagPotential breakout after retest from the flag,
Target at 6838, Stoploss at 5664
Disclaimer : I am a aspiring swing trader, i have only started to learn to catch the pattern. So, please take this only as a idea
GOLD (XAUUSD): Classic Trend-Following Setup For Selling Gold The price of Gold dropped below the support line of a bearish flag pattern, indicating a potential sell-off
As the support of the flag pattern, which was acting as a resistance line, was breached too. I anticipate a bearish trend continuation towards 1310/2300.
Bitcoin long set-up and RSI Hey tradersss!
So Bitcoin is still moving in our long and big bullish flag. And finally we reached out the support line of this edge, plus RSI on the 1D timeframe breakout also.
So using the Fib retracement we can try to long till 0.5 level till price around 64000-65000. But be careful, because the price can also go for correction once again.
IMPORTANT! Always follow RM strategy and risk 2-5% of your deposit.
June 25: GS bull flag confirms strong growth?Current situation in the firm
Goldman delivered a standout Q1 2024, with earnings per share (EPS) hitting $11.58, substantially above the consensus estimate by 35.6%. The firm's revenues for the quarter reached $14.21 billion, marking a 16.3% increase year-over-year.
The company reached a record $2.8 trillion in assets under management (AUM) and a long-term net inflow of $24 billion.
The segment performance for Q1 2024 (the below numbers are a summary from their recent earnings call):
Global Banking & Markets:
Revenues: $9.7 billion
ROE: 18% on a fully allocated basis.
Advisory Revenues: $1 billion, driven by higher completed transactions. Goldman Sachs maintained its number one position in both announced and completed M&A league tables.
Equity Underwriting Revenues: $370 million, and Debt Underwriting Revenues: $699 million, both showing significant year-over-year increases due to higher industry volumes.
FICC Net Revenues: $4.3 billion, with strong performance in mortgages, credit, and currencies. Record FICC financing revenues of $852 million, primarily from better results in repo.
Equities Net Revenues: $3.3 billion, with equities intermediation revenues of $2 billion (up 14% year-over-year) and equities financing revenues of $1.3 billion.
Asset & Wealth Management:
Revenues: $3.8 billion, up 18% year-over-year.
Management and Other Fees: $2.5 billion, a 7% year-over-year increase.
Incentive Fees: $88 million, expected to reach $1 billion annually in the medium term, supported by $3.8 billion in unrecognized incentive fees.
Private Banking and Lending Revenues: $682 million, significantly higher due to the prior year's impact of the partial sale of the Marcus loan portfolio.
Equity and Debt Investments Revenues: $567 million, with improved performance in private portfolios.
Platform Solutions:
Revenues: $698 million.
Pre-tax Net Loss: $117 million, with expectations to reach pre-tax breakeven next year.
Key Financial Metrics
Market Cap: $145.2 billion
Dividend Yield: 2.4%
P/E Ratio (TTM): 17.6
P/E Ratio (Forward 1 Year): 12.5
Earnings Per Share (EPS) Growth (2023): 59.2%
Stock Price: $450.18 (June 2024)
Target Price: $518 (6-12 months projection)
Technical setup
A bull flag pattern is forming with a bullish breakout, indicating the continuation of the trend upward.
Since the local low, formed around the previous earnings the price saw a steep price trend to the upside, before taking a breather and forming the flag.
The Price-to-sales ratio currently sits well below the average which is another bullish signal since the ratio tends to navigate towards its average.
The Month-over-month returns have bottomed around the lower threshold and are ready for a bounce back.
The Wallstreet ratings are predominantly strong buy, giving it a max target price of $525 or +13% up from the current price.
Institutional ownership is rising according to the latest May fillings which is another positive catalyst for the price as it is generally good to follow the smart money.
Overall, my short-term expectations are bullish, driven by the price forming of a bull flag, strong fundamentals and business outlook, and bullish catalysts driven by Wall Street consensus and the smart money flows.
BTC - Monthly key support level - watch for direction BTC monthly could use this as base or look to reacquire at the lower basing grind line with limit order
Gala (GALA)On the above 4-day chart price action has recently corrected 50% since a sell signal in late January (ask below if you wish to see). A number of reasons now exist to be long..
1) You know why.
2) Price action finds support on the golden ratio.
3) There is a positive divergence between RSI and price action.
4) The bull flag channel, naturally a bullish pattern on confirmation of a breakout to the upper side of the channel.
5) A breakout confirmation will result in a 300% gain from current levels.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 6%
Timeframe to open: Now
Return: 300%
Jio Finance Flag Pattern BreakoutJio Finance Flag Pattern Breakout. Weekly close above 361, we should see next target of 480.
GRNDInitiative 50% of the position, as price prints a nice flag above the WMA40. DCA down to WMA40. A nice future runner, IMHO.
A 800% move to $6000 for Binance token (BNB) by September?On the above monthly chart of BNB token there is easily an hour of topic to discuss. However attention spans amongst the equity providers do not afford a detailed explanation so the short version..
1) Price action is in a legacy uptrend channel since inception with a confirmation of uptrend continuation (unlike LTC).
2) Price action is at resistance after three years of consolidation. This is the third test of resistance. Blue pointing down arrows.
3) Just as with May 2020 prior to the break of resistance, Stochastic RSI previously crossed above 80. (orange arrows). This is the same situation as today. Stochastic RSI remains with momentum for 182 days. Should history repeat, momentum continues until August / September.
4) The bull flag pattern confirms a breakout AND support. A measured move from the flagpole of the last resistance breakout takes price action to $6000.
Is it possible price action corrects? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6%
Timeframe for long: You decide
Return: 800% over the next 16 weeks
BNB: analaysis in D1📊Analysis by AhmadArz:
According to the flag pattern that we saw the best reactions in the past, we can expect the same analysis from the chart at this time.🧨
Just keep in mind that there is a 10% chance of a fake breakout on each side of this horizontal trend.🚨
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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#FET: LOW RISK, HIGH REWARD TRADE SETUP!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
FET looks good here in ltf. It breaks out the bull flag-like structure in 1hr time frame and a retest is also done. It might start another good rally from here. Long some here and add more in the dip.
Entry range:- $1.54-$1.60
Target:- 20-25%
SL:- $1.50
Lev:- 5x-10x
What are your thoughts on FET's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
EURUSD: 2 Bearish Confirmations 🇪🇺🇺🇸
I see 2 strong bearish signals on EURUSD.
After a formation of a strong bearish impulse,
the pair started to steadily recover within a bearish flag pattern on a 4H.
The price also formed the inside bar formation within the boundaries of the flag.
Today, both the support of the flag and the range of the mother's bar were broken.
It is a very strong technical confirmations.
I think that the market may drop to 1.069
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Bitcoin (BTC) is getting ready for a BULL RUN!This is daily chart and shows how a BULL RUN might come to fruition.. $160/180K is the target.. Formed a very strong BULL FLAG...
