GBPJPY is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline. These two to gather putting strong bullish confluence for the pair. What you guys think of this idea
USDJPY is in very strong bullish trend and has break through bullish flag pattern. and it seems like sky is the limit for this pair amid very weak JPY. USDJPY is the best example of Trend is your friend. What you guys think of this idea?
TRBUSDT has formed bullish flag pattern and currently the price is trading at previous support zone and also getting support from flag. if this support holds and flag breakout happens it will be strong bullish leg with target of 14.50 followed by 15. What you guys think of this idea?
Price is testing the broken flag support. There is too much bearish pressure for a comeback. It may try go to higher but I think the sellers are just waiting to add to their positions if it happens. I just opened a short position, if it goes up I'll add another short. It may take a few more days to drop when it falls it does it very fast.
Bitcoin is back below FWB:29K this morning after a flag breakdown and failed attempt to hold above $30k in July. Price is now trending below the short MAs(8,21,34) with the short MAs crossing bearish in late July. Price is testing the 100ma which rests near $25.5k, a failure to hold there will likely lead to a test of the rising trendline and 200ma in the ...
Price action in BNBUSDT is absolutely bearish, and I expect a new lower low soon, even if we get a recovery rally in the short term. The 100% extension of the previous downswing sits at 171.70, which would be my first target.
AUDJPY is been on enormous bullish trend. Recently the pair formed bullish flag pattern and now break the pattern, Will the pair respect the pattern and continue to much higher?
hello traders on nas100 i have sent out today payed well let me know how you been doing .the opportunity is always there once you understand it here we have another setup lets get it make sure to like and follow to get signal for free
Gold has finally broken out of the flag pattern that it was stuck in, gave us a double bottom between Asian session and this morning, price pushed up, gave a retest, if the current 1hr stick ends bullish, we should see more buys, as this is the indication of a confirmation breakout.
Bearish Indications (BIASED SHORT) 1. Bearish Flag Formation and it breaks its support line as well 2. BXY is in a Bearish/Sideways Trend 3. JXY is in Bullish Trend 4. Broken flag support trend line Bullish Indications 1. Currently Price is at its major support level in Higher TFs Neutral Indications 1. No divergence was found as RSI and the chart is in sync
The DXY tracking the USD Currency is currently taking a massive hit while stocks surge on CPI data. Generally, the DXY tends to move inversely with the Stock Market overall and is a good place to find resistance and support levels that are hidden in the Stock Market. (As DXY Finds support, stocks hit resistance; vice versa) Recently the US Dollar Index has taken...
Asian Paint is Uptrending stock and outperforming nifty 50 index. Today's price action show power of bulls in asian paint as entire index was falling but asian paint made a breakout. Asian paint is good buy with 1st target of Rs 3622 based on size of flag. Traders are requested to do their own analysis and post it in comment section.
IGL made flag pattern on daily charts & breaking out of it with decent volumes. Could be bought with mentioned stoploss & targets.
Titan made flag pattern & broke out of it with good volumes. Could be bought with mentioned stoploss & targets
Sbicard made flag pattern & traded above breakout level most of the sessions with very good volumes. Could be bought with mentioned stoploss & target.
Had not heard of this company until today. Technical set up made me do a quick look at the company. A transformation makes sense to me. Earnings this week Cutting edge COVID testing technology Bullish market conditions
NSE:PIIND had been consolidating between 3350 and 3457 7-8 trading sessions. today it has given a breakout out of 3457 creating a 52w high. the blue bullish trend line is acting a resistance now. we can expect a further up-move if the trend line is broken, so one can enter above 3540 for a target of your liking. SL can be kept below 3350. Happy Trading!
Aditya Birla Money- Weekly Chart- Flag Breakout CMP 56.6 Buy For Target 70-90-105-130+ SL 34