Flag
Heading Into Earning With a Bearish FlagNASDAQ:ASML a leading chipmaker is showing an interesting pattern!
In the short term, momentum appears bullish as the price has crossed the 20 SMA and is approaching the 50 SMA, with analysts expecting positive earnings. However, on the daily and weekly charts, a bearish flag pattern is forming, which suggests a potential downtrend. If the price breaks above the 849 resistance, the bullish momentum could continue, but if it fails, the downtrend may push the price towards the 775 support level.
AUDNZD: Bullish Signal After Breakout 🇦🇺🇳🇿
AUDNZD nicely retested a recently broken daily/intraday horizontal resistance.
After its test, the price violated a resistance line of a bullish flag pattern on an hourly.
We can expect a bullish continuation now.
Goal - 1.1088
❤️Please, support my work with like, thank you!❤️
PARAGMILK BullishFLAG&POLE 3Y4M BObon DTF/WTF SWING/POSITIONALSTOCK Analysis
TRADE PLAN
ENTRY -211/220
SL -195
TARGET --01-263 , TGT02--354
Hold For a Year or TGT 2
Chart Pattern :
STOCK has recently broken out STRONG of a Flag Pattern on the DTF/WTF.
INDICATORS EMA :
The Price is Currently Trading above 20EMA, 50 EMA is lower than 200EMA in DTF. 20 EMA Has just crossed over the 50 and 200EMA indicating a Bullish Trend.
STOCK EMAs are currently in process of aligning in a ascending order, indicating a transition from a Bearish Short Tem trend to bullish Trend on DTF/WTF.
FIBO E :
Marking the FIBO Retracement on the Last Downtrend , The Prices has crossed 50% FIBO Retracement Level TODAY , with ChoCH at 192 on DTF and 211 on WTF..
Volumes: There is a uptrend in Volume on the Weekly Charts for 3 Weeks after the 32 weeks Retracement from the 11Months Bullish Streak.
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
USDCHF BUY I'm buying USDCHF right at the breakout visible on the 1-hour time frame. Currently, the target is 40 pips, but there are a lot of room for rally.
What I like is the uptrend on the lower time frame (1h,4h), the nice breakout pattern that forms a cup and handle on the 4-hour chart, which looks like it's cut out of a text book, and positive sentiment in COT report :)
The stop loss is as tight as possible.
Have a safe trade :)
USDCHF: Bullish Move After Breakout 🇺🇸🇨🇭
Look at a price action on USDCHF.
The price broke a resistance line of a wide horizontal range on a daily.
After a breakout, the price started a local correctional movement on a 4H.
A bullish flag pattern was formed.
With the opening of a NY session, the market went up and violated
its resistance.
With a high probability, growth will continue now.
Goal - 0.8598
❤️Please, support my work with like, thank you!❤️
Hood bull flag into earningsHood is creating a weekly bull around a prior rejection zone, the stochastic RSI is heating up. As BTC continues bullish momentum I expect this stock to explode to 28$ in a few short weeks. I bet we see this target by the end of November at this rate. Hood seems like a better BTC proxy than miners lately as it actually has a company and revenue behind it and has nowhere near the amount of dilution.
BIG Dump is Near !!!!!!!!!!!!!!!we have some news about war TODAYS but it is happening from many years in IRAQ and Yamen ...
Islamic republic Iran is going to Die and we need new agent to ruling
Iran and USA are members of a community and watching some thing awful
" WORLD WAR III "
they have many money in their bags so they want to spend it also make a funny joking whit this nuclear weapons are not their even good !!
They have rockets that can make something like Hiroshima in few days
oh my Technical view !!
Will the Nasdaq Play Catch-up?The Nasdaq-100 has lagged the S&P 500 since the summer, but some traders may look for it to catch up in coming weeks.
The first pattern on today’s chart is the August 23 weekly close of 19,721. NDX tested and held that level last week, potentially turning old resistance into new support.
Second, MACD and the 21-day exponential moving average are rising. Those may reflect a short-term uptrend.
Third the index ended last week 3 percent below its all-time high, while the S&P 500 closed less than half a percent below record territory. Does that provide space for NDX to play catch-up?
Last, Friday’s bullish candle broke an apparent falling trendline from late September.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Bitcoin 128k Bull flagOn the above 10 day chart a bull flag is identified. In addition RSI has recently confirmed the 52 level as support. This is an important indication on this timeframe, look left.
When does 128k strike? Don’t know. No one does. However it happens before June 2025 or not at all. When it happens, that is the market top. Exit all crypto positions by this time.
Is it possible price action continues downtrend? Sure.
Is it probable? No.
Ww
ANGELONE NSE FLAG & POLE WTF/MTF 45W Bull Run/ PositionalANGELONE Analysis Price Action/FIBO
TRADE PLAN
ENTRY -2750 25%Qty, 2850 50%+ Qty Add Progressively
SL -2500 Weekly Low Close Price
TARGET --01-3200 , TGT02-3450 TGT3-5200 (F&P height above the flag BO)
Hold For a 2Years or TGT 2/3
Chart Pattern :
STOCK has recently done a 10Month Bullish Impulse and Retraced to 61% Forming a FLAG & POLE, Bouncing above the 50% FIBO /R level and consolidating in a range, WYCKOFF Accumulation. Strong Support at 2380 Lvl.
INDICATORS EMA :
The Price is Currently Trading below 200EMA, and 20EM crossed above 50 & 200 EMA in DTF.
50EMA is in a Upturn and close to crossing the 200EMA.
FIBO E :
After the Bounce-back from 61% FIBO Retracement Level, Price is currently holding above 50% FIBO/R level and trading near the 38.6% FIBO Retracement level on DTF. Early Impulse uptrend with ChoCH at 2700 on DTF
Volumes: Volumes are trading above the 20VMA in WTF..
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
BTC in Bearish Flag!!! Are we going deeper?Hey traders!
Short term update for Bitcoin.
So we have here:
1) Bearish flag on 1H timeframe
2) Descending volumes
3) Divergence from the BTC direction and volumes
For me, we can go to the next Fib level, which is 0,618 and it's an important one. After we could see the reaction and try to understand what can be next.
What's your thoughts?
Litecoin (LTC), imminent collapse to $30?And possibly below $10 after that?
Most if not all Alt-tokens have returned to their 2017 lows with 95% to 98% corrections since 2021. Pick any token popular at that time:
1) DASH.. 95% correction with a return to $25 in 2023 as it was in 2017. Inflation adjusted, the price should be $19! A bucket of expired sardines in a Norwegian Fish-market has gained more value.
2) XLM -90%
3) HBAR -95%
4) ADA -95%
5) NEO -95%
6) ETH -75% (massively bearish still!)
7) SOL -96%
It is everywhere you look, 95% corrections are all over.
Currently Litecoin is at an 85% correction. 95% takes price action to $15. Inflation adjusted, less than $10.
The technical analysis also supports the outlook. On the above 10 day chart:
a) A significant trend-line support has broken (orange line). Over the last 10 years Litecoin has enjoyed a continuous uptrend. The support has now failed AND confirmed. Yes price action could rally to $130-140, the bulls would get excited. Regardless, breaking this confirmed resistance will not be easy.
b) The 2nd bear flag breakout. It has confirmed. A 70% correction from the exit point measures to $28.
c) If support at $28 does not confirm, the next support is just under $10, the full 95% correction like everything else.
Is it possible price action continues sideways? Sure.
Is it probable? No.
Ww
Bitcoin Potential Bull Flag w/ $35K (91%) Gain on Valid Break!Here I have BITSTAMP:BTCUSD on the Daily Chart!
2024 has been an Exceptional Year for Bitcoin after its nearly 2 Year Monumental Recovery from the Nov. 2022 Low @ $15,512 to pushing price up past the 3 Year High of $69,000 on Nov. 10th 2021 to the now New 8 Month High @ $73,835 on Mar. 14th 2024!
Fall '21/Summer '22 - Bitcoin is in a Declining Stage
Fall '22/Summer '23 - Bitcoin is in an Accumulation Stage
Fall '23/Spring '24 - Bitcoin is in a Advancing Stage
Spring '24/Fall '24 - ( Distribution or Accumulation) ???
Fall '24/Summer '25 - ???
Currently, Bitcoin is exhibiting signs of a Potential Bull Flag with a Flagpole suggesting a potential 91.78% or $35,334.57 Gain with a Valid Bullish Break!!
We can see Bitcoin has been in a Descending Channel since the Spring of 2024 came but Price Action has made a few key movements that I'd like to point out:
- After traveling the Descending Channel from the Higher High @ $73,835.57, Price makes a False Break of the Channel that touches the Previous Level of Structures Higher High and makes a 38.2% Retracement of the Current Higher High and is immediately brought back up into the Channel.
- Price continues to stay magnetized to the 200 EMA since its entered the Channel but Price seems to be trading Above it with ease in this Consolidation Zone.
Now this current Channel or Consolidation Price has been in from this Summer '24 going into this Fall '24 can either be an Accumulation OR Distribution Stage, all based on if we get a Bullish or Bearish Break to this Channel and something tells me we are looking at a Potential Bull Flag in the Making with the potential to reach
-Bullish Bias on BITSTAMP:BTCUSD
Fundamentals:
- BITSTAMP:BTCUSD has been gaining not only Domestic but Global traction with stories like El Salvador this year making Bitcoin its Official Currency!
-Economics now accepting more transactions Crypto-wise showing honest Expansion and Integration into society
-A lot of statistics show that people believe the USD may be looking at a downfall in the coming years and Crypto, specially BITSTAMP:BTCUSD potentially being a savior! People are not only fleeing to Commodities and Bonds when devaluation peers its head, but Crypto seems to start being another sector to look towards!
ZOOM (ZM) bullish consolidation on weekly chartAfter its huge rally, Zoom has been hovering at around the same price rage for the past few weeks. When looking at the weekly chart, you can see a bull flag (inside bar) patter forming. The resulting move would take the stock roughly eleven dollars to the upside should it play out.