Pennantpattern
CTKUSDt is creating a pennantthe market created an inverse head and shoulders on 4h timeframe and had a breakout from its neckline.
Now the market is creating a pennant on the daily resistance around 1.5$ .
How to approach?
IF the price is going to have a breakout from the pennant and from the daily resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
PEOPLEUSDT is creating a Pennant
The price is creating a Pennant on the 0.382 Fibonacci level after a breakout from the daily resistance.
The price is testing the 4h resistance too.
How to approach?
IF the price is going to have a breakout from the 4h resistances and daily dynamic resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
XAUUSD Bullish Pennant? I detected there's Bullish Pennant Possibility appears on XAUUSD Pair.
This pattern gives the possibility that XAUUSD will continuing bullish period.
I predict the price will hit target the resistance area 1845.713 - 1850.852
Note : The market will always change, I'm just sharing my view on the possibility the market will go away. If you have a different perspective from your analysis view, let me know in the comments.
ADVANC | Bullish Gartley | Possible Sideway wave correction Price Action & Chart Pattern Trading: Hold / Accumulate - Pullback Entry
> Possible breakout pennant triangle in sideway after forming bullish gartley as correction after minor Elliott Wave 5
> RSI & MACD bullish crossing signal line above base.
Always respect your stoploss
Good Luck
ENJBTC is testing the daily resistanceENJBTC is testing the daily resistance inside a pennant. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
$NUE - Bull Pennant Atop a Volume Shelf$NUE has a super awesome setup going into the new year.
We've got a textbook bull pennant forming atop a volume shelf, meaning there likely isn't much downside left in this name.
Even after the guidance cuts, $NUE is still set to report an amazing quarter, meaning we've got both strong fundamentals and technicals supporting this name.
Long $NUE.
AXS has the potential to reach 210$Hi every one
AXS /USDT
AXS has formed a Bullish Pennant! The Price can Increase as much as the Pennant Pole! The Break out has not happened yet so we must wait for confirmation! if it happens, Price can reach 210$ and Create a New ATH soon!
Summery:
-AXS is in a Bullish Pennant.
-Can Increase as much as the Pole
-210$ is a Target.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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 .
Have a nice day and Good luck
Bullish Pennant Pattern in MIndtreeMindtree is continuously making higher highs and higher Lows HHHL with Pennant pattern.
Once broken then we might see 4220 in the coming month.