a solid daily close above the trend-line would suggest a valid break out and would suggest wave (3) rally could be under way
note
alternative count in grey
Price is currently forming what looks like a bull flag pattern. If prices can break higher above $100, that should be a good indication of possible bullish momentum. Hwever, traders should exercise extreme caution and proper risk management as the last bull leg stopped abruptly, signalling the presence of sellers at every corner of this market!. Here is how i...
The Pound has been bullish lately and it is retracing back to the 1.3020 key support level.
The current retracement moves = bullish flag pattern.
Traders can watch for Buy signal *If the Pound breaks higher from this flag pattern.
Quick update on a few things I'm watching last few days for BTC.
4 Hour - after we hit our recent high for this year, we are now seeing a couple of lower highs. Generally I view this as potential consolidation beginning for the daily chart but thus far bulls aren't sinking to lower lows on 4 hour. So I'm fairly neutral here and just patient.
Daily - looks as well...
AMD is in a strong uptrend. A bullflag built up and so a continuation of the upmove will be possible. The old high is a good Profit target. Stop loss in Price break Below the trendline or Below the ema50
UPS is currently building support on top of old resistance around $112 (which confirms the bullish support and resistance flip), and is consolidating in what looks to be a bull flag-like pattern. We also have a daily golden cross (50 day moving average crossing the 200 day moving average) and we could see the momentum continue to carry this stock higher. R/R is...
CGC/WEED is moving toward previous resistance, $64-65 has been the territory of many false breakouts. This recent catalyst that reversed the downtrend may allow it to move past previous resistance, Merill Lynch initiated coverage of CGC/CRON/ACB, also at the same time CGC bought Acreage Holdings which was 3.4 billion dollar acquisition.
This was a big catalyst...
BTT IS STILL GOING DOWN I WILL FOLLOW UP WHERE WE WILL ENTER IN / BTT DUSUS DEVAM EDIYOR. TAKIBE DEVAM NEREDEN GIRECEGIZ GORELIM
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Best regards / Saygilar
What if... we continue the bull flag?
The measurement of a bull flag is telling us, that the target is the length of the first leg, measured from the trigger out of the flag.
Big Target for 1 BNB around 162$
Of course there is going to be turbulence at the ATH. But we have high chances to break it, because who wants not to be part of Binance nowadays?
What do...
We see that Microsoft had formed a bullish flag due to profit taking resulting in lower prices as traders sell the stock. However prices broke out of the bullish flag as prices bounced off the long term downtrend line from the beginning of Oct 18. Therefore we expect Microsoft to continue it's uptrend so we remain long the stock and await the earnings...
BREAKOUT IS NEAR FUTURE Just follow the idea / Break out zamani yakinda pek yakinda
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Please follow the triangle and big surprise is very soon :)
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Ucgen kirilimini takip edin kirip yukari cikarsa uzariz :))))
LÜtfen like butonuna basisn ve takibe alin. Ayrica sosyal mediadan da takibe aliniz.
