TNDM LongMaking a pullback pattern near prior pivot, normally is a very bullish setup. It still has to cross that trend line to trigger the entry
Flag
CRDL Long2+ r/r for the first target, another complex pullback trade, looks straight forward, will be looking to take it at open.
NZDJPY: Very Bullish Pattern 🇳🇿🇯🇵
NZDJPY formed a huge bullish flag pattern on a 4H time frame.
Its resistance was successfully broken yesterday and we see
a positive, bullish reaction after a retest.
The market may keep growing.
Goals: 91.9 / 92.2
❤️Please, support my work with like, thank you!❤️
An update on the bitcoin dominance charts double bottom patternWe can see that Bitcoin dominance is still on its way to the full breakout target from the double bottom pattern it broke up from a couple months ago. After breaking up from the neckline of the double bottom pattern it formed a bullflag and seems to have just recently broken upward from that bull flag. The target of the bullflag breakout lines up nicely with the double bottom breakout target giving us some nice bullish confluence to increase the probability of hitting the full target of about 57.18%. Once bitcoin reaches this level, it would not surprise me if thats when alt really start to pump afterwards. We shall see soon enough if that will hold true. *not financial advice*
BTC Bull Flag Potential Target $110,000
Bitcoin (BTC) has been consolidating recently, but analysts see this as a potential launchpad for a significant upswing. A technical chart pattern known as a "bull flag" is emerging, suggesting a bullish continuation could be in the cards.
Bullish Flag in Play
The bull flag pattern is characterized by a sharp price increase (the pole) followed by a period of consolidation within a narrowing price range (the flag). A breakout above the flag's upper trendline is typically seen as a bullish signal, indicating a continuation of the uptrend that preceded the consolidation.
Analysts at Fairlead Strategies point to this formation on Bitcoin's chart, with the price consolidating above $30,000. A decisive break above the resistance level around $31,900, which coincides with the Ichimoku cloud indicator, could be the catalyst for a breakout.
Targetting $110,000?
If the bullish flag pattern plays out, technical analysis suggests a potential price target of $110,000. This target is derived by measuring the height of the flagpole (the initial price increase) and adding it to the breakout point.
Not a Guaranteed Upswing
However, it's crucial to remember that technical analysis is not a foolproof prediction method. The cryptocurrency market remains volatile, and unforeseen events can disrupt any predicted trajectory.
Downside Risk also Present
A breakdown below the bull flag's support level, currently around $51,000, would negate the bullish signal and could indicate a potential price decline.
Cautious Optimism
While the bull flag pattern offers a glimmer of optimism for Bitcoin bulls, investors should maintain a cautious approach. Close monitoring of price movements and adherence to sound risk management principles are essential when navigating the cryptocurrency market.
PSO - 1H - Bullish flag - PSXIn this chart we have observe a Bullish flag on a 1 hour time frame. and we placed entry, tp & sl points accordingly. No Divergence spotted
SEARLE - 1H - Bullish Flag - PSXIn this chart we have observed a Bullish flag formation on one hour time frame and we place entry, SL & TP accordingly. No Divergence spotted.
4031| Saudi Ground ServicesBroke out it's cup and handle pattern and now in process of full-filling cup depth.
Now trading on bullish flag which will break at through it at 55 SR.
Full-filling Flag height will take us to 60 SR.
Full-filling flagpole height will take us to 67SR.
At 67 SR its cup depth will be full-filled and completed
Breaking through 67 SR will open for a new wave/rally plus
Details in chart
GBPCAD: Intraday Bullish Signal?!GBPCAD created a bullish flag pattern on the 4-hour chart.
After testing a strong intraday support cluster, the resistance was eventually breached.
This could signal a potential bullish trend continuation. The targets to watch for are around 1.7220.
USDJPY outlook for the day Ideas not advice
A technical and fundamental outlook.
Fundamentally US economy is looking decently healthy with rising inflation and higher retail sales than expectation. The short way of saying this is they are all making some decent money out there and they are spending it.
Technically , this generated a huge upward momentum breaking through 154 area. This makes the trend mega bullish in the coming day making 155 the next target.
On the RSI, it creates this over bought area, so this can likely go two ways:
It will either retrace to moving average near demand areas like order block and liquidity, creating higher low than pushing for the higher high
OR it will turn into a bull flag then proceed to push up
The aim currently is 155.
Godspeed y'all hope you enjoyed my little idea.
AUDUSDHello Fellow Traders, Its BEEN A WHILE!
I hope That Everyone Follows This Forecast To make some big Profits!
Here is a Full Updated Analysis & Forecast For XAUUSD
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some (Rejection / Confirmation / Direction)
2.Wait for confirmation(Price Action Confirmation ( Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk!
&. Plan Your Trade & Trade The Plan!
Let Me know if you have any Questions or Comments Below!
Negative Or Insulting Comments Are Not Welcome
See You in the next Analysis!
Global Fx Education
Wanchain (WAN) - To the moonOn the above weekly chart price action has corrected 96% since April 2021. A number of reasons now exist to be long. They include:
1) Price action and RSI resistance breakouts.
2) Support and resistance. Price action prints a double bottom on past resistance.
3) The bull flag breakout with confirmation. 1000% forecast.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6%
Timeframe for long: yesterday
Return: 10x
USDJPY Analysis: Bullish Flag Pattern PotentialTrade Strategy: Bullish Flag Pattern
Key Levels:
- Shorting Opportunity: 153.26
- Buying Opportunity: 152.84
Analysis:
- Importance: Identifies a potential Bullish Flag Pattern setup
- Technical Analysis: Signals a possible continuation of the bullish trend
- Fundamental Analysis: Supports the bullish bias for USDJPY
Trade Plan:
- Shorting Opportunity: Consider shorting at 153.26 with candlestick pattern confirmation and RSI Divergence
- Buying Opportunity: Look for buy entries near 152.84, targeting beyond the resistance line at 153.26
Insights:
The USDJPY chart shows signs of a Bullish Flag Pattern formation, indicating a potential bullish continuation. Traders can watch for opportunities to short or buy based on the identified key levels.
📈📉 Keep an eye on USDJPY for trading opportunities based on the Bullish Flag Pattern setup!
ETHUSD bullish movement is about to happen!!!
Hi.
COINBASE:ETHUSD
Today, I want to analyze ETH for you in a 1D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen!
✅ Due to the Ascending structure of the chart...
🟢 ETH has been Bullish Recently!
🟢ETH is in a Bullish Flag
🟢(AB=CD)
🟢Price is gonna Reach $4100
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SPY Flag Analysis{Flag pattern}Hi every one
no need to say something , chart is speaking it self .
Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Thank you for seeing idea . please support us
Good luck.
Hindustan Petro Pole and FlagHindustan Petroleum Made a pole and flag! I stated the target and stoploss (by technical and stuff) So i will get in and hope for a good trade :)
Shining GOLD The flag pattern on the high time frame (D&W) has been broken .
In the coming weeks, the price may continue to strengthen until the end of the month with a strong bull candle.
The targets of wave 5 are at the 2100 - 2300 levels.
BTC's Situation: What Shall we ExpectHi.
BINANCE:BTCUSDT
Today, I want to analyze BITCOIN for you in a 1D time frame so that we can have a MID-term view of BITCOIN regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
➡️ BITCOIN is in a Bullish Flag Pattern.The Price is gonna Increase soon,The break out needed for increasing further has not happened but it should happen pretty soon.
✅ Due to the Ascending structure of the chart...
🟢 BITCOIN has been Bullish Recently!
🟢BITCOIN is in a Bullish Flag
🟢(AB=CD)
🟢Price is gonna Reach GETTEX:92K
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Smells like a new ATH... ( 400% PUMP 🤯🚀 ? )Hello my friends .
This a complete idea for BNB so if you are one of the BNB fans or holders ; make sure to read this idea until the end .
Oh right my friends as I said before , when you are looking for a mid term trade , it's better to start with the higher time frame like monthly and weekly then going to the smaller one to find a good entry :
let's start with the weekly chart :
OMG what's happening here ! honestly I can't believe what I'm seeing right now but this is for real , my friends ; BNB could goes up to the 3000$ ; maybe you might say this is not going to happen at all , but my friends the last time when the BNB price was around it's ATH price (38$)
no one believed that it's goanna hit 740$ mark .
As you can see in the chart above , we have a clear AB=CD pattern or in the other word , a flag pattern which is obviously a bullish continuation pattern and if the price break the current ATH price , in my opinion the 3000$ is very easy for BNB .
Let's look at the daily time frame to find a good entry :
In the daily we are in the clear uptrend which is a good sign for us because as you might know , trend is our friend util the end ! so we had to looking for the long position rather than short ,
also we have some kind of triangle formation but it's not complete yet but in my opinion there is good chance for break to the upside ; because BNB right now is showing a good strength against the BTC downward pressure and trying to make a new highs .
have nice trade my friends.... 🐺
Gold just it the first of the 3 big bull targets. We can see here how the XAUUSD chart just reached the dotted yellow measured move line target at $2395. Te next bull target just above that is the smaller dotted pink line at around $2550. After tat is the full target for the pink bull flag it has broken up from. Corrections on along the way to the enxt 2 targets are probably but not guaranteed *not financial advice*
Is gold finally ready to breakout from the pink channel/flag?You can see here on this chart how gold seems confidently above the pink trendline but you can also see to the left of that that we were above this line once before not too long ago and that resulted in a big wick and dip back below the trendline to correct for awhile, as is often the case whenever an any asset breaks above a key trendline like this for the 1st time…now that it is the second time above it and it seems to be holding much better support as of now the chances of this being the breach of the trendline that triggers the breakout is much better with a much higher probability, though there is still some lesser probability for it to go back below the trendline once twice or even thrice again. With each time it goes back below the trendline, the odds of the very next breach up above the trendline being the one that validates the breakout begin to increase exponentially. The current one looks confident enough that its very plausible we could see the breakout validated this go-around, so I’m going to post a chart of this idea with the measured move lines adjusted accordingly to reflect this current spot s the breakout point just so I can more easily keep tabs on it in the coming weeks ahead. *not financial advice*
