Chart is Self Explanatory. Purely a price action strategy. Trend is the King. On every Flag Breakout, there is a huge movement. Keep a close watch and be ready before a breakout.
The bearish engulfer never managed to gain its full momentum. Stops were moved to BE, which we hit earlier today... the lower time frames are showing a very clear flag. I am not looking to trade this for 2 reasons... the first of which is: We have lower volumes through the correction of the flag itself, however the hammer down candle right in the middle shows...
Hello! Watch for the breakout in Pidilite, above the ranges of 1422 or 1370, If breaks 1370 sell for target of 1370. And if upper breakout buy for 1664 target with SL of 1249. follow SL on closing basis as stock have some liquidity issues sometimes. NOTE : Only for education purpose do add your common sense before making any trade, I'm not responsible for your...
Price recently broke out of a 4-week consolidation pattern above the 20-Day EMA. Prior rally showed momentum with ADX>50 on the daily chart MACD crossing up indicating the beginning of a price rally Price above consolidated with very little volatility above the Marubozu breakout candle with substantial volume indicating potential support of the level ADX/DMI accelerating
here we have streamr datacoin.. is this the end of the pump and flags? gaussian about to cross over on the hourly chart? YOU DECIDE!
BILI has been trending and has been consolidating in Bull Flag for the past 2 weeks. It is looking poised to break above the Bull Flag (A trend continuation pattern) and I will be looking to long it as it pushes above 27.55 with a stop just below 25.77. Since there is no clear resistence on the way up, I will trail the stops up should the trade played out.
The stock shows a strong tendency to follow the ongoing trend and to bounce off support by the previously set up bull flag. With a SL set up 2% below the confirmation, the stock has a high potential to rise to a 25% above the support.
Mid-week watchlist covering DXY, EURUSD, AUDUSD, CADJPY, EURAUD, EURJPY, EURNZD, USDCHF, USDJPY, Gold (XAUUSD).
Waiting for the breakout of the gold channel trading upto green box
Fundamentals vs Technicals Fundamental mover ahead: US Payroll result on Friday affecting global sentiments Technicals Bullish Flag formation
MATIC is an interesting coin. Backed by Coinbase Ventures Since early May, it's up over 600% Fairly high circulation of 2,160,114,068 Highest BTC paired volume on Binance by a long shot You can see from the common patterns it's formed, it appears to be quite a predictable coin. Bull flags have ended with breakouts. Bear flags have ended with a fall....
Possible double over the course of 2019....flags and cup and handles. Not advice. This will take some time.
I am looking to take short positions on AIG around the 43 levels. Watch for rejection as price tests the top trendline.
Momentum might be wearing out but we might see a slight push lower.
Watch out for Bears in the woods. I see a warning flag.
Let's be honest, so far this year and for the last few years gold just hasn't performed. However, this may be an opportunity for a bullish turnaround. Fundamentals - Gold is largely tied to the performance of the USD, which explains its bearish trend this year - Powell is expected to continue the hiking cycle into 2019, however their have been rumblings about...