Technical analysis We tested resistance approximately at the $50 limit; and broke it on Thursday, January 2nd. Now this resistance has become out short-term support. A bull flag is forming today, as a continuation of the bull pattern. Top 10 Portfolio holdings Name - Symbol - % of ETF assets Meituan Dianping - 03690 - 10.43% Alibaba - BABA...
AUDUSD needs a bit more time to consolidate. It's currently forming a flag, after breaking up out of the down trend. I'm thinking it will continue to consolidate for several more days, then it will be time to start getting long for the flag break out.
Walgreens Boots has been basing since April with a Double Bottom form ing from May to August. The stock exceeded the intermittent high, but this breakout did not hold as WAG fell back with a bull flag. The bull flag breakout reversed the short-term downtrend in mid October and WAG is again challenging resistance. I expect a breakout from this large base and would...
TW marking out a bull flag with decreasing volume, looking to land on its 200ma on the daily chart. It is usually a reliable pattern in this company though there is so much going on in the wider market I will be waiting for a breakout on volume with a backtest on the hourly.
My last publish from yesterday analyzed a bull flag on the 1 hour chart - it broke out last night. This chart is the 4 hour, but as you can see, that long-term trend line dating back to December is creating issues for it rising any higher. I think this morning's non-farm payroll and then Powell's speech will determine if ES and SPY have enough gas in the tank to...
We all know btc likes flag formation in bullish trend. Also daily resistance intersects target. Is this a coincidence?
FX:UK100 , OANDA:UK100GBP , TVC:UKX Following on from our video analysis on FTSE yesterday signalcentre.com , we are buying a dip this morning at 7220. For further information on the call, see the related idea below or click on the link above. Good luck!
Tracking Flag Breakout once $BTC is over $8,300
Originally what looked like a rising wedge converted into a flag, which just broke out above $59. A conservative near term price target is at $63. This is not advice and just an idea of what may be happening.
Hello traders, as you can see I'm looking for sell on AUDUSD. It broke the smaller trendline and now we have to wait for some sideways candles to confirm down move. The bigger picture looks upside, and for that reason as i mentioned it will be short term trade. Usually i don't trade against bigger picture, but in this case RR ratio is amazing for me and thats the...
Keeping an eye on $BAT. Ideally it will stay in this bull flag for a bit longer, confirm the resistance and then go for another leg up. I'll enter on the breakout, if indicators won't persuade me otherwise.
I'm reposting this. You can see the falling channel and the rising channel after it.Enough volatility to confuse us these last days. There is an excellent breakout and retest but for me, it's too low. It barely touched the 0.382 fib retracement. I will put a pending order at 0.618 fib retracement with 2 targets. tp1 at previous low and tp2 at 1,272 fib extension. Enjoy!!!
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
dont sell until you see a strong breakoutout of the flag. price might retest the 111.000 again and then drop . so only in strong breakout get into this trade
Hi guys, as you can see nice 1h flag is forming on the trendline. Take that breakout with your own tested strategy! I'm looking for the bigger up move on GBPUSD. So keep an eye on it & trade with care & be patient! If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you! Thank you for...
Looks like it completed a flag. I would look to scalp to those lows and then let some run in case it turns out to be much more. Possibly can go down a lot..