This one almost looks too good to be true.
We have a long term, downward triangle pattern, been broken out of, with volume building, and now a beautiful bullish flag formed.
I would expect one last little liquidity sweep to occur to that higlighted box, followed by a continuation movement to the upside.
Really Curious to see what happens here, but this is a...
Accidentally posted an FMG under a BHP chart, here is the BHP chart analysis breakdown.
Still got a pull back predicted to occur, although the chart is looking surprisingly bullshit, i am curious to see whether it will pull back to one of these zones first.
Although there is a potential for a ABC/ Double bottom pattern to have already formed here. I am still...
Morning you absolute trading legends.
What we have here is a a potenial short building up on the BHP Chart.
The Materials sector is looking rather 'weak' for the first time in the last 8-9yrs, having broken out and down out of a very strong upward channel.
That being said, its this big mining giants that are holding up the entire sector (irrespectively)
Now...
What we are witnessing here is an 8-9yr bullish upward channel being broken and now tested. Like all good things, sometimes, they have to come to an end. Is that happening now? Lets break it all down.
What we are witnessing here is a very bullish upward channel that has finally hit its 'Top'
The ceiling has formed and we have also created a triple top formation....
