The price tested EMA above and reversed strongly from it. Bear flag and a strong bear bar on 4h. A 3-push wedge on Daily (see chart below). Yet, the current point is a 50% pullback from the last bull trend and a test of the long-term trend line. I´m setting a tight stop just beyond the bear flag max and a respective small 1R target. Also staying short UCad at the...
looking for a buy at the breakout of the flag
Hey tradomaniacs, another Chance is forming right now. A Flag-Pattern is usually a trend continuation pattern and should give us a nice Buy-Signal as soon as we see the Breakout. :-) If we Break down below the important support we could also sell. Just be ready for all scenarios. :-) VOLUME inc. Peace and good trades Irasor Trading2ez Wanna se more?...
USDCHF is currently trading in a big corrective structure where I expect the 5th wave to the top of the structure to complete before we see a break to the downside. Smaller time frames show that there is the possibility of one more small move down before we see a break of the current flag formation to the upside to complete wave 5 on the bigger picture. I will...
Price completed a 3-wave structure, forming a flag pattern. This completes the corrective structure, and giving us a reason to look for a potential short trade with the upcoming UK Services PMI being a catalyst to move price. **Disclaimer - This analysis alone DOES NOT warrant a sell trade immediately. Before you enter any trade in the financial market, it is...
Break above .67, long towards .70 Break below .635, bearish structure formed.
S&P is still long term bullish in my opinion. We remain in a strong uptrend that is yet to be broken, 200 day MA has acted as support during this consolidation period, and we are currently trending above the 50 day MA. I don't think we will see a death cross so long as we continue up from here. I am anticipating a breakout from this flag with a target of around...
Just wanted to point out how precise the Bull flag projected breakout target was with where our current 1 day candle is stopping and finding resistance. No big surprise there because bull flag breakout projection targets are always pretty close but it's always fun when the price stops right smack dab at the projected target and just futher confirmation that TA...
The target aims to the 100% fibo extension and the stop loss was placed at the bottom of the flag. I sold it a little bit lower to avoid some of the spread.
Once again we had a breakdown from a bearflag that several candles later found a way to make it's way back into the flag showing us an unusally long false breakout and then instantly forming a bull flag inside that bear flag. The previous time this happened the bull flag ended up winning and shooting upward out of the bearflsg...currently it appears as if we may...
I totally love this token. Have invested in it at ICO and I made good trades with it at all time high. Now it's recovering and I hope to see it soon back to 46k sats, all depending on BTC though... It had a nice bounce right off below 78% Fibonacci and shows nice signs to come up. Volume this week was great.
We finally recieved a breakout of the bear flag which shot us back up into the bull flag to the exact height of the bearflags pole...we are now still consolidatin in the bear flag with probability favoing an upward breakout but the chance of another bullish fakeout and the chance of a bearish rbeakdown are still both very p;ausible...best to just hold until we see...
USDCHF gaining momentom to the up side and this pair seem to do the same. We formed a pin bar at the bottom of a very shallow momentum. Good R/R with high probability to breakout to the up side.
Look like we are gaining momentum on this pair and it's breaking from a minor pullback to the upside.
Some crazy movement over the past couple weeks. Breakout coming very soon. PT $7.40
If price action closes above flag's upper resistance level, expect a possible retest of resistance to establish support and then a bullish continuation. NYSE:TGT
Hil Ltd Trading technical call for Short-term CMP: 1710, Closing based SL 1489, Targets 1830 1900 1970 (Lifetime High Close) Educational purpose only