Two distinct flags can be drawn here and market is just waiting the breakout! Targets are indicated by pink arrows!
Get ready for easy gains coming for Singularity(AGIX) next two projected measure moves as follows, 0.3574 followed by 0.3799 ...happy trading!
Embark on this potential opportunity by entering a trade on a bullish flag pattern, following the confirmation of a breakthrough to the upside. Implement wise risk management techniques by limiting your investment to no more than 1% of your account equity, while setting your take profit target based on the chart analysis.
Hi traders, lets take a look at GBPUSD on the 1h timeframe. we have price on a bearish trend. After an impulse move there is always a correction phase and currently the market created a bearish flag which is a continuation pattern to the downside. we will be looking for a sell once the candlestick closes with a bearish confirmation
On GBPCAD, we have price breaking out of the rising wedge pattern to confirm a bearish trend and also a continuation pattern( bearish flag) which also indicates a continuation of the bearish trend
On US30, we have an interesting price action forming. We have a breakout of the rising wedge which also caused a change of character on the uptrend. Currently price is in a corrective phase(bearish flag) which can potentially break to the downside
US 30 just broke out of its bearish flag indicating a move to the downside
On USDCHF, we have the market trading to the downside with a very strong bearish impulsive moves. Currently there is a pull back(correction phase) which can resume the prior impulsive nature once we have a change of character on the current pull back.
We have the presence of a bearish continuation pattern indicating a continuation of the downtrend
We are having a double top formation on the 1H time frame with the break and retest of the neckline
On GBJPY, we are clearly on an uptrend and price has currently printed a continuation pattern for a long position
On DXY, price is in an overall bullish trend on the weekly and the daily but currently on a pull back on the daily time frame which makes it a downtrend on the 4H and 1H. Some a short term , we can short the DXY but overall looking for a shift of the downtrend on the lower time frame to an uptrend to correlate with the higher time frame trends
A remarkable turnaround in the US stock market yesterday yielded a bullish flag in the S&P 500. The target is 4415 although buyers are likely to face strong resistance on their way up.
Pretty much strong support around the 1770's, anticipating a strong bullish move within the channel. Let me know your thoughts, trade responsibly with good risk management
Hi Traders In this post we have broken down the most recent price action on Nzd/Cad. I want you to look at this post carefully and really spot all the critical signs that you could have used to get in on the corrections and the next stages of the reversals. On this pair we are currently still in an impulsive phase and we are waiting on seeing a sign of...
🔴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...
The Bullish Pennant is one of many chart patterns, in this case is a bullish indicator. You can use the flagpole as an estimate for your targets, also keep in mind that the longer we take to break this structure, the harder we pump, so the possible 3x from the flagpole is a conservative estimate.
Is a descending flag pattern formed ?! Will the price drop to 50,000?