BTCUSD looks to be in a Bull Flag pattern after that 1st wave. Breakout long trade possibility. Just an observation. Good luck!
It appears as though the 200 Day MA is acting as the floor of the descending triangle or bullish flag.
BTC looking to be coming out of a flag pattern. Looking for a 1 hour close above before adding to my long position.
Entry on a close above the break, target in blue, stop in red.
This is the same chart i posted on Feb 3rd but this Hollow Candles instead of a Line Chart. $TNY has displayed strong support 4 times during this consolidation period after the bullish move on Jan 14th, and the chart has also displayed moderately strong resistance creating the downward sloping trend line forming a descend triangle, or is it a bullish flag? Only...
We have a m30 bullflag for 1576. I expect it to reach before NFP, with NFP I am selling again for 1550
This looks like a textbook bullflag for BTC and the step 4 of an 1-2-3-4-5 elliot wave pattern. Watch carefully for a breakout at 8450e for entering a long position. Final target is 9450e. Happy trading !
BTC breaking to the upside! Seemingly America is going to support the move.
Hey there, So Bitcoin has been consolidating in the last few weeks and days and is currently holding its gains. In my latest post I expected Bitcoin to find a daily higher low in the near future at around 9000USD. Therefore it is of no surprise, that we bounced off of low 9000 and are now about to retest resistence. Also we have a bull flag on the 4h and 12h...
Classic bull flag as seen on the 4 hour chart!
TSX:MIN is forming a bullish flag on the daily chart after a brief rally. The last rally saw the price rise almost 0.20 or 21%. If price breaks out from the bullish flag the increasing volume may shoot the price to the target zone of 1.37-1.43, another possible 20% price rally. growing volume indicates possible strength in price momentum for the breakout to hit...
Possibly a descending triangle? A pennant is a continuation pattern in technical analysis formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines - the pennant - followed by a breakout movement in the same direction as the initial large movement, which represents the second half...
Aimmune Therapeutics has formed a bullflag, it looks like a quite tight bullflag, also lining up for a golden cross.
A nice bull flag formed in side the trading channel previously post. Not retested the support line @ .2340 either and WELL above the 200 MA. The most positive thing about the price action is it's ability to hold on to the price rise, then consolidate. Haven't seen this kind of price action for a considerable time. Bull market underway......I can see us nudging...
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.
Hello All, So far, as we have seen this current market, Ethereum--previously a strong performer-- has been under performing, however, it has a strong pattern here with the chance of a classic failure swing, as the second bottom could not approach the original bottom as closely. This failure swing is denoted by the yellow strokes on the chart. There is a...
btc looks to be bull flagging here, could hit the targets marked