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Flagformation

GULSHAN POLYOLS LTD - Monthly Chart📊 GULSHAN POLYOLS LTD – Monthly Falling Channel After a Strong Vertical Rally 📉➡️🚀 📅 Updated: Dec 05, 2025 | ⏱️ Timeframe: 1M CMP: ₹139.76 (+0.70%) Ticker: NSE:GULPOLY 🔍 Technical Overview Gulshan Polyols is currently trading inside a multi-year falling channel after a massive vertical rally seen between 2020–2021. The stock has been consolidating in a controlled corrective structure — a descending channel / bullish flag pattern — which often forms as a continuation pattern in strong momentum stocks. Current price action suggests: Price is near the lower channel support A potential reversal zone if buyers step in Selling pressure weakening compared to earlier legs Monthly candles forming long wicks near support, indicating demand absorption If the lower channel holds, the structure sets up for a medium- to long-term breakout opportunity. 🎯 Chart Summary GULPOLY remains in a controlled correction after a parabolic rally. The monthly falling channel suggests a potential flag pattern, which is bullish in nature if the breakout occurs above the upper boundary. A decisive close above ₹185–₹200 could trigger: 🎯 Targets: ₹245 (channel breakout target) ₹300+ (measured move of previous rally continuation) If support fails: Watch ₹120 and ₹105 as deeper demand zones. ⚠️ Disclaimer This analysis is for educational and chart-study purposes only. Not investment advice.
NSE:GULPOLYLong
by PriceAction_Pulse
Big XRP bullish move formingBYBIT:XRPUSDT has formed a (remarkably equaliteral) triangle flag pattern since breaking out of the parallel channel flag*. Given the previous 25% move upwards (i.e. the flagpole), text book technical analysis theory states that there is another upwards move imminent. This is a good opportunity for a medium term (approx. one month long) bullish swing trade. A few things to note: *The breakout move from the parallel flag channel was a text book move upwards where it moved outside of the channel (breakout move), then returned back to the resistance line of the parallel channel, which became support, and then continued the move upwards. This provided a very good entry opportunity upon the return move once the daily candlestick showed proved that resistance line is a now a line of support (i.e. the candlestick is of a dragonfly shape) - you enter on the dragonfly share confirmation The triangle flag pattern is running out of room. i.e. the move is expected to come soon (this coming week) as the candlesticks are getting smaller and smaller in size, following, broadly speaking, the triangles lines of support and resistance, and there are not many days left until the candlesticks will naturally move out of the triangle. The market psychology behind this is that the buyers who made a profit on the recent flagpole are now selling, with newer, bullish buyers entering the market. The price which the sellers are willing to sell and and buyers willing to purchase at is getting closer and closer, which usually means the continuation of the trend as there are more buyers (in this case) than sellers (i.e. people are willing to buy at a price closer and closer to the sellers ask price and sellers don't have to drop their prices as much to entire people to buy) This is consistent with the optimistic and bullish sentiment for the economy in generally, stock market and crypto since Trump's election victory with Trump having recently announced that he would prefer lower interest rates i.e. The chart formation is showing that there are still more bulls than bears. Risk to this move are that the RSI is overbought (which in this case can be ignored as it has been overbought for a few months and the nature of the indicator is that in a bullish market it remains at an overbought level regularly) and that the crypto market is prone to large gyrations on rumours and even minor US governmental policy announcements.
Long
by slip_stream
2
$SPX:Bearish technical indicators are accumulating:SPX: Bearish technical indicators are accumulating: 1) A sell signal on the MACD. 2) The RSI14 is at 42. 3) There has been a break below the 10, 20, and 50-period simple moving averages. 4) There is an inability to break above the horizontal resistance at 6765. It is evident that the bullish momentum that followed the extremely bearish candlestick on October 10th has stalled, resulting in sideways trading with a slight downward trend. However, there is no immediate cause for concern since an underlying pressure is currently halting the decline. At this point, we could expect a bullish flag pattern to emerge, which will be confirmed by the market's reaction to NVDA's results next Wednesday. The lower limit of the anticipated flag aligns with a 1x1 extension for wave (C). If the situation worsens and the flag is broken, it may transform into a zig-zag pattern, with extension targets for wave (C) indicated on the chart. Consider viewing this as an opportunity to enter a long position.
CBOE:SPX
by OLIV2020
BITCOIN Weekly line charttells a story of 4 discernible patterns and 4 log targets. 1) The inverse head & shoulders to end the bear market 2) A broadening rising flag .... which at the time, many thought it was head and shoulder's top on the candle chart. 3) A small sideways flag 4) and the current frustrating broadening descending bull flag. Which has cause much grief to participants but will likely gives an explosive quick large moves. As you can see putting the chart can help in identifying trends.. key highs and lows and also gives patterns that may not be visible on a candle chart. Another tool in your toolbox.
INDEX:BTCUSDLong
by BallaJi
Gold (XAUUSD) Bullish Flag Breakout: Rally ContinuationThe precious metal Gold (XAUUSD) appears poised for a strong bullish continuation, as price action on the 1-hour timeframe reveals a classic Bullish Flag formation. This technical setup is a powerful trend continuation pattern that typically signals the resumption of an existing bullish trend following a period of consolidation. Let’s break down the structure, targets, and trade strategy behind this pattern. 1. Formation of the Bullish Flag Pattern After a sharp upside move from the 3580 zone, Gold entered a consolidation phase marked by a downward-sloping parallel channel—forming the “flag” after the “flagpole.” This structure is typical of a bull flag: strong impulse move (flagpole) followed by a corrective pullback within a channel (flag). Flagpole height: From approximately 3580 to 3650, giving us a pole height of ~70 points. Flag range: Price oscillated within a descending channel, respecting both upper resistance and lower support trendlines. Support held strong near the 3580 level, which also acted as a base for the earlier rally. 2. Breakout Confirmation As of now, the price is attempting a breakout above the flag’s upper boundary. If the breakout is sustained above 3650, this would confirm the bull flag pattern and could trigger aggressive buying interest. 3. Projected Upside Targets Once the breakout is confirmed, the projected targets can be calculated by adding the flagpole height (~70 points) to the breakout point (~3650). Here are the levels to watch: Target 1: 3672.67 Initial target post-breakout, suitable for short-term traders or partial booking. Target 2: 3700.88 Mid-level resistance; a decisive close above this would fuel more momentum. Projected Target: 3734.08 This is the full measured move based on the flagpole height and would mark a complete bullish continuation. 4. Trade Setup and Strategy Traders can consider this a momentum continuation opportunity, with the following plan: Entry: On confirmed breakout above 3650, preferably on a 1H candle close or retest. Stop Loss: Below flag support zone, ideally below 3620 to avoid false breakouts. Targets: 3672.67 / 3700.88 / 3734.08 Risk-Reward: Approx. 1:2.5 or higher, depending on entry zone and SL. 5. Risk Management and Caution Always wait for confirmation before entering. Early breakouts without volume can reverse. Avoid over-leveraging—flag breakouts sometimes retest before the real move starts. Watch for macro events (especially U.S. CPI, NFP, FOMC), which can create volatility in gold. Conclusion: Bullish Continuation on the Horizon The technical structure in Gold supports a bullish continuation. The breakout from this bull flag pattern gives a clear, rule-based setup for intraday or swing traders. With defined targets and a logical stop-loss level, this is a high-probability trade setup, especially in a trending market. If bulls hold the breakout zone, 3734+ could be seen in the coming sessions.
OANDA:XAUUSDLong
by TradZoo
How to Spot Flag Patterns on TradingViewLearn to identify and trade flag patterns in TradingView with this step-by-step tutorial from Optimus Futures. Flag patterns are continuation formations that help traders join existing trends by buying high and selling higher, or selling low and buying back lower. What You'll Learn: • How to identify bullish and bearish flag patterns on any timeframe • Breaking down flag patterns into two parts: the flagpole and the flag • Finding strong flagpole formations with fast, obvious price moves • Spotting flag consolidation areas that form tight ranges • Why flag patterns work: buyer and seller psychology explained • Real chart examples showing how flag patterns develop and play out This tutorial may help futures traders and technical analysts who want to trade with market trends rather than against them. The concepts covered could assist you in identifying opportunities to join strong price movements when they pause before continuing. Learn more about futures trading with Tradingview: optimusfutures.com Disclaimer: There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary. This video represents the opinion of Optimus Futures and is intended for educational purposes only. Chart interpretations are presented solely to illustrate objective technical concepts and should not be viewed as predictive of future market behavior. In our opinion, charts are analytical tools—not forecasting instruments. Market conditions are constantly evolving, and all trading decisions should be made independently, with careful consideration of individual risk tolerance and financial objectives.
CME_MINI:ES1!Education
by Optimus Futures
1
$ETH / USDT – 4H Time Frame Analysis 3,000 INCOMING?? CRYPTOCAP:ETH / USDT – 4H Time Frame Analysis Structure: Bullish Flag | Outlook: Neutral-Bullish | Target: $3000? 🔹 Chart Overview -Pattern: Bullish Flag (continuation structure) Current Range: - Supply Zone: $2,680.00 – $2,786.21 - Demand Zone: $2,319.79 – $2,417.61 Price Action: - Tight consolidation between higher lows and lower highs, forming a symmetrical triangle within a flag structure. Trend: - Consolidation, but within a macro uptrend (prior strong rally). Volume Profile: - Anchored Volume shows high participation around $2,540–$2,600. OBV: - Flattening, signaling indecision and potential energy buildup. Key Psychological Levels: $2,860: Minor resistance from past S/R flips. $3,000: Major round-number psychological resistance. 📐 Technical Confluences Fibonacci Retracement: - The 0.618 golden pocket aligns with the support trendline, reinforcing this as a critical zone. Fair Value Gaps (FVG): - Above Price: Acts as a magnet in bullish continuation. - Below Price: Risk zone if price drops; aligns with liquidity and trendline support. - Liquidity Zone: Aligned with 0.5–0.618 retracement; strong reaction expected. 📈 Bullish Scenari o Breakout of Pennant Resistance: - A clean break above $2,786 (supply zone & swing high) with volume. Close above Upper FVG and Liquidity Zone: - Confirms bullish intent. Targets psychological level at $2,860, then $3,000. Volume Confirmation: - OBV uptick and high breakout volume would validate the move. Bullish Target Zones: TP1: $2,860 (psych level + previous resistance) TP2: $3,000 (major psychological level) TP3: $3,120–$3,180 (1.618 Fib extension) 📉 Bearish Scenario Rejection from Current Supply or Liquidity Zone: - Fails to break above supply; rolls over from the upper pennant line. Break Below Support Trendline: - Break below golden pocket and $2,417.61 demand zone. Invalidation of Bullish Flag: - A breakdown below $2,319.79 (swing low) invalidates the bullish flag and may signal a trend reversal. Bearish Target Zones: TP1: $2,200 (local volume gap + structure support) TP2: $2,060–$2,120 (previous accumulation zone) TP3: $1,950 (macro support & last strong demand) ✅ Summary Structure: - Price is compressing within a bullish continuation pattern, awaiting breakout confirmation. Bias: Slightly bullish unless the swing low at $2,319 is broken. Confirmation Needed: - Break above or below pennant boundaries with volume.
Long
by King_BennyBag
1
ENGINEERS INDIA LTD - Bullish Flag & Pole Breakout (Daily T/F)Trade Setup 📌 Stock: ENGINEERS INDIA LTD ( NSE:ENGINERSIN ) 📌 Trend: Strong Bullish Momentum 📌 Risk-Reward Ratio: 1:3 (Favorable) 🎯 Entry Zone: ₹242.00 (Breakout Confirmation) 🛑 Stop Loss: ₹211.00 (Daily Closing Basis) (-12.6 % Risk) 🎯 Target Levels: ₹253.95 ₹266.50 ₹279.50 ₹293.45 ₹307.90 ₹327.00 (Final Target) Technical Rationale ✅ Bullish Flag & Pole Breakout - Classic bullish pattern confirming uptrend continuation ✅ Strong Momentum - Daily, Weekly & Monthly RSI >60 (Bullish zone) ✅ Volume Confirmation - Breakout volume 20.96M vs previous day's 3.64M (Nearly 7x surge) ✅ Multi-Timeframe Alignment - Daily and weekly charts showing strength Key Observations • The breakout comes with significantly higher volume, validating strength • Well-defined pattern with clear price & volume breakout • Conservative stop loss at recent swing low Trade Management Strategy • Consider partial profit booking at each target level • Move stop loss to breakeven after Target 1 is achieved • Trail stop loss to protect profits as price progresses Disclaimer ⚠️ This analysis is strictly for educational purposes and should not be construed as financial advice. Trading in equities involves substantial risk of capital loss. Past performance is not indicative of future results. Always conduct your own research, consider your risk appetite, and consult a financial advisor before making any investment decisions. The author assumes no responsibility for any trading outcomes based on this information. What do you think? Are you watching NSE:ENGINERSIN for this breakout opportunity? Share your views in the comments!
NSE:ENGINERSINLong
by raigvivek