Bullflag forming on NTDOY price action. Trade setup with R/R: 1.92.
The zone has already been touched. It's a bit aggressive cuz my setup was based on 4H. From the 30m/15m/5m, I didn't spot any reversal pattern yet. So this is not a confluence trade. We only got the 4H and trend on our side. No price reaction on smaller tf yet. Be cautious! First target should be 1:1, and then trail your stops.
Bitcoin has been creating so many moderately predicable bullish patterns, however, it's tricky swing trading due to fake-outs occurring regularly. Clearly, BTC is trading in a Bullish Pennant, however, that's always subject to change if the green upward sloping support of the pattern doesn't hold. I have colored the bullish pennant green for ease of...
This analysis is done purely on basis of price action and chart patterns Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target. This is not a trade recommendation. Do your own study before entering into any trade. Trade with your own risk & money management. Feel Free to comment for any query or suggestion. ...
$RLC.X IF the price will have a breakout from bull flag, According to Plancton's strategy (check our Academy), we can set a nice order ––––– 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...
Nice day for the dollar, non-ideal for us in gold longs. Gold took a steep dive today. Why? Jobs report did not come out hot indicating the recovery is going to take longer potentially The dollar actually rose today, and I am assuming that this was driven a bit because of the jobs report. TIP also dropped today (iShares TIPS Bond ETF) People may be...
$BNB.X had a breakout from a bull flag, and now the price is testing 4h resistance, IF the price will break the resistance According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. ...
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets As can be seen in the image, price has given clear breakout from Bull Flag Pattern with good volume confirmation. Breakout from Double Bottom pattern is yet to occur. Entry can be...
Double Bottom has already formed and transitioned to a Bullish Flag which has just experienced a price breakout. We could see some really nice upside to $18-$19. In the mean time watch price action and volume .
Could be some quick short-term upside to $16
Alpine 4 Technologies. OTC:ALPP Your comments are welcome. ############## Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you...
NASDAQ:AAPL Apple is on the verge of a massive upside Bull Flag breakout on the 1W chart. Price is currently above the 200 Day SMA (historically bullish) and if we look at the weekly trend and don't fight it, we can see that the trend is currently clearly up. I see this flag breakout as a bullish continuation, with the ultimate price target being $220 (height...
Here, I go over a few patterns I am looking at for the coming week, It looks like we have a few good set ups to start us off for the new year!
Of consolidation, lets see if this one plays out...
Watching carefully here for CMCSA to breakout of a bullflag at all time highs. Great consolidation and we also see some bullish divergence on the RSI