Bullish Pennant

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HughGRection HughGRection PRO NEOBTC, 15, Long ,
NEOBTC: Bullish Pennant forming in NEO
434 3 6
NEOBTC, 15 Long
Bullish Pennant forming in NEO

A bullish pennant appears to be very near completion. A break from this wedge will be coming soon regardless of direction. This is generally a bullish symbol though, and NEO appears to have a lot of momentum still behind it. Also, NEO has retraced completely to the 61.8% Fibonacci line from it's most recent rally. The 50-61.8% lines tend to be the full retracement ...

tom_mok tom_mok AUDJPY, 60, Long ,
AUDJPY: AUDJPY
84 0 5
AUDJPY, 60 Long
AUDJPY

look for more upside. bullish pennant as continuation pattern

TheTraderJ TheTraderJ PRO XRPUSD, D, Long ,
XRPUSD: Ripple and the next 3 days
2525 17 25
XRPUSD, D Long
Ripple and the next 3 days

BITSTAMP:XRPUSD https://www.tradingview.com/x/rIAajUSA/ Hi all, This is an updated analysis from my piece nearly about a month ago (https://www.tradingview.com/chart/XRPUSD/WcxcPzHX-Short-term-Medium-Term-and-Longer-Term-Outlook-on-Ripple/). In the article I have mentioned that having patience will pay off (everything moved 2 times slower than I had ...

yy_fxs yy_fxs ETCUSD, D, Long ,
ETCUSD:  BULLISH PENNANT ON DAILY TIMEFRAME
397 0 8
ETCUSD, D Long
BULLISH PENNANT ON DAILY TIMEFRAME

Disclaimer : Trade what you see, not waht you feel, and always trade with your own risk. Thank you

evandja evandja LTCUSD, 120, Long ,
LTCUSD: LTC stepping over long term resistance?
235 0 10
LTCUSD, 120 Long
LTC stepping over long term resistance?

Continuation of Bull Pennant uptrend that began the start of August. This Pennant is different than the previous two in that it consolidates at long term resistance marked with yellow horizontal line, hence the tighter pattern. Confirmation of RSI over 70 and bullish divergence in MACD along with similar Bollinger Band consolidation and breakout could indicate ...

shanu23p shanu23p USDCHF, 240, Long ,
USDCHF: USD/CHF(SP)  (LONG)
50 0 4
USDCHF, 240 Long
USD/CHF(SP) (LONG)

There is possibility to go LONG from the price of 0.9685 to the level of 0.9785 TP should be considered -0.272% because of Bullish Flag & Pennants .... Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards,

AndriyMoraru AndriyMoraru PRO USDJPY, 240, Long ,
USDJPY: Bullish Pennant on USD/JPY @ H4
419 0 4
USDJPY, 240 Long
Bullish Pennant on USD/JPY @ H4

This bullish pennant on the 4-hour chart of USD/JP offers an upward breakout trading signal. The pennant's body and its pole are marked with the yellow lines. My potential entry point is marked by the cyan line. My potential take-profit level is at the green line. I will set the stop-loss order to the low of the breakout bar (not shown).

douglasaa douglasaa GBPUSD, 15, Long ,
GBPUSD: BULLISH PENNANT FORMING ON GBPUSD - LONG
132 0 3
GBPUSD, 15 Long
BULLISH PENNANT FORMING ON GBPUSD - LONG

Bullish pennant forming on GBPUSD. Strong resistance at 1.277, look for entries at around 1.278 and then set a trailing stop to break even. Initial SL @ 1.27400. If it breaks the resistance and holds, it should function as a strong support. TP could easily reach 1.28138 and above. Candle needs to close above the upper trendline for this setup to be valid. Happy ...

derekvela derekvela GBPJPY, 15, Long ,
GBPJPY: GBPJPY Buy set up
35 0 4
GBPJPY, 15 Long
GBPJPY Buy set up

Buy the break out, that would be the 5th wave of the elliot theory.

CasMinor CasMinor USDJPY, W, Long ,
USDJPY: UJ repeating history?
52 0 5
USDJPY, W Long
UJ repeating history?

My thoughts on this recent UJ push: If we back trace on the weekly chart back in May-Oct of 2013 we can see a similar pattern potentially forming right now. (Bullish Pennant) Fib extensions are drawn from red ellipses for reference. I drew a regular fib so you can where the bullish pennant retraced to. I used this idea to mock up a fib on the current direction of ...

AndriyMoraru AndriyMoraru PRO USDJPY, D, Long ,
USDJPY: Bullish Pennant on USD/JPY @ D1
339 0 6
USDJPY, D Long
Bullish Pennant on USD/JPY @ D1

The bullish pennant on the daily chart of USD/JPY offers an upside breakout opportunity. The pennant's borders and its pole are marked with the yellow lines. My potential entry point is at the cyan line. My potential take-profit level is at the green line. I will set the stop-loss order to the low of the breakout bar (not shown).

AndriyMoraru AndriyMoraru PRO GBPNZD, D, Long ,
GBPNZD: Bullish Pennant on GBP/NZD @ D1
19 0 4
GBPNZD, D Long
Bullish Pennant on GBP/NZD @ D1

The bullish pennant on the daily chart of GBP/NZD offers an upside breakout opportunity. The pennant's borders and its pole are marked with the yellow lines. My potential entry point is at the cyan line. My potential take-profit level is at the green line. I will set the stop-loss order to the low of the breakout bar (not shown).

SmartForex SmartForex PRO NZDJPY, 60, Long ,
NZDJPY: NZDJPY - Bullish Pennant
18 0 1
NZDJPY, 60 Long
NZDJPY - Bullish Pennant

Potential bullish pennant on 1 hour chart. Pair is on an uptrend (daily chart). High probability of a breakout to the upside.

SmartForex SmartForex PRO XAUUSD, 60, Long ,
XAUUSD: Gold - Bullish Pennant
118 0 2
XAUUSD, 60 Long
Gold - Bullish Pennant

Price has been on an uptrend and it is currently struggling to get off of this resistance level. Price if forming a bullish pennant pattern and it is expected a break to the upside.

SmartForex SmartForex PRO GBPUSD, 60, Long ,
GBPUSD: GBPUSD - Bullish Pennant
54 0 2
GBPUSD, 60 Long
GBPUSD - Bullish Pennant

Possible bullish pennant on 1 hour chart. Expecting breakout to the upside and looking for targets @.26000.

tonz_of_gunz tonz_of_gunz XAUUSD, D, Long ,
XAUUSD: XAUUSD MEDIUM TERM ANALYSIS
662 0 34
XAUUSD, D Long
XAUUSD MEDIUM TERM ANALYSIS

My view on gold right now,it looks like its forming a bullish pennant for now but a bigger correction its not excluded.

tonz_of_gunz tonz_of_gunz EURCAD, 240, Long ,
EURCAD: EURCAD BULLISH PENNANT ON H4
281 4 20
EURCAD, 240 Long
EURCAD BULLISH PENNANT ON H4

EURCAD is developing a bullish pennant pattern and i am looking for a breakout to buy this pair.

AndriyMoraru AndriyMoraru PRO XAGUSD, W, Long ,
XAGUSD: Bullish Pennant on XAG/USD @ W1
170 0 8
XAGUSD, W Long
Bullish Pennant on XAG/USD @ W1

The bullish pennant on the weekly chart of XAG/USD offers an upside breakout opportunity. The pennant's borders and its pole are marked with the yellow lines. My potential entry point is at the cyan line. My potential take-profit level is at the green line. I will set the stop-loss order to the low of the breakout bar (not shown). More information, chart ...

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