if it confirms the initial target is 9374...which coudl be enough to trigger a breakout from the entire 1 day chart bull pennant which would then have a breakout target of 10.5k No full confirmation yet but probability is definitely favoring the breakout of at least the 1hr chart pattern
AMD is in a bull pennant as you can see from the 1hr chart. If it breaks below the prior pivot, then this could form into a bull flag with a lower low.
Possibly a descending triangle as well, but with the Long Beach facility license imminent I'm strongly leaning towards a bullish outcome. The RSI looks like it recently made a Triple Bottom. Only time will tell.
I am currently long from 7550 as i posted in this idea, i just noticed we are also forming a Bull Pennant on HTF, if this breaks out on the upside then targets are in 8ks
Pennant Pattern - Continuation Pattern. The brand owns: KFC, Pizza Hut, Taco Bell, The Habit Burger Grill and Wing Street worldwide. Long Term Analysis (Go long Option 2) - It is a Bullish Market and it was a bullish Market just before the COVID-19. YUM BRANDS adjusted it assets to accommodate the new market requests. Wait the right time to go Long, perhaps once...
Yum! Brands The brand owns: KFC, Pizza Hut, Taco Bell, The Habit Burger Grill and Wing Street worldwide. Long term analysis - Market was bullish before the Virus and it changes quickly to accommodate the virus/crisis requests, so it should keep going upward - Bullish long term Short Term I would go Bullish - same direction of the trend, but there is an Option B...
Multiple bull flags on 15 min chart. Ichimoku still showing possible upside. Good short term trade.
Have yet to see any legitimate volume surge on the last long red candle we just closed on the 1 day chart which suggests we have not broken out of whatever consolidation pattern we have been in yet...the bounce of the current 1 day candle currently creates the opportunity for this falling wedge shown here in blue...as well as a bullish pennant with the falling...
Visa is an uptrend Bullish pennant on the 15M chart Bullish candlestick pattern on 15M chart with last candlestick closing above the 8MA. Bullish engulfing on the 5M chart MACD crossed UP on the 5M For all these reasons i plan to scalp Visa on the bullish pennant BREAKOUT with volume!! LETS SEE WHAT TMW BRINGS! Please feel free to leave insight, it is always welcomed!
The bears had their time over the last couple days with no significant drop . Gold bounced from some strong support levels, indicating the bulls are still in control. Price is currently in a consolidation zone between 1580-1640 and may stay within this range for some time before a breakout occurs. It will test the 1640 level next and if it breaks past, we could...
must keep an eye on the first smaller breakout target in case this may turn into a double top in that zone...fi it keeps going then the higher breakout target then becomes very probable where at that point the resistance to keep in mind will be the 1 day 50ma(not shown here on the 3hr chart)
VERY SLOW MOVING PAIR Low RISK .... OVERLEVERAGED Price is closing and entered on a big support area Pice formed a bullish penant got out for 20 pips last week before market closed due to swap fees for holding over the weekend would like to see it push all the way up to the top of the start of the penant
After some peculiar price action it now seems the most valid timeframe for a symmetrical triangle here is the 3hr chart. It is always a bit of a risk looking for a pattern on a 1hr chart so having to move to the 3hr chart to find a symmetrical triangle that was still looking valid doesn't surprise me.; In general I usually stick to the 1 day and 1 week charts but...
Phi once again proves why it is the msot revered ratio in all of sacred geometry as the bull pennant broke out of its falling wedge flag at the precise .618 fibonacci retracement level! Phi truly is the golden ration...target is the 6878 horizontal-7k or so.
At least on the bittrex exchange we saw a ridiculously long bull wick recently on xrpeth...Afterwards we formed an equilateral triangle and both its bottom and top trendlines were drawn better by wicks than candle bodies...thus meaning we should measure the pole of the symmetrical bull pennant by the wicks as well...If this is indeed the case and we measure the...
always a bullish sign..we also closed with volume above the 4hr chart falling wedge and the 1 day bull flag.