Daily & Weekly Flag Pattern Breakout. Expecting price to continue to pullback to 4h fib level 38.2 and continue bullish. Most of the news comes mid to end of the week. Expecting news to continue the trend and possibly fill the weekly wick at TP 5.
✅EUR_JPY is trading in
An uptrend and the pair
Has formed a bullish
Flag pattern so IF we see
A bullish breakout then
A bullish continuation
Will follow
LONG🚀
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Eicher Motor is making flag pattern at 1H time frame you can trade Eicher Motor with small stop loss.
Entry : 3349
StopLoss : 3331
Target : 3390,3400,3430
CROMPTON GREAVES COTTON looks weak below 350 levels after forming a bearish flag pattern. Got rejected from 377 levels coupes of times which can act as a Resistance going ahead.
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Daily Flag Pattern
4H Trendline markup for Daily Flag Pattern
4H Ascending Triangle being created after touching bottom of Flag Pattern
4H Bearish Correction
1H Bullish Engulfing on bottom of Ascending Triangle trendline & 4H Zone.
30m double bottom (reversal pattern).
Daily exhaustion at 4H Zone.
Daily- Trend Channel (Flag Pattern)
4H- Trend Channel (Flag Pattern) Marked up off 4H.
1H- Trend Channel (Flag Pattern) Waiting for break & retest of 1H pattern.
Once 1H break & retest, expecting price to reach the top of the 4H Channel.
Hello Traders this is my analysis on AUDUSD
The Pair is currently at a trendline resistance on a 4H time frame
its also creating a bearish flag pennant on 4 hours timeframe
for confirmation, The RSI and CCI are both overbought
So I am expecting a bearish movement on AUDUSD
whats your thought
trade with care and proper risk management
Hi guys! 👋🏻
🔔 There is a strong resistance being tested by Bitcoin right now.
🔔 BTC will most likely drop to $37350 if doesn't break above this resistance.
🔔 There are strong dynamic and static supports on $37350 which should support the next jump to $49900 to complete this parallel channel pattern, which hopefully won't turn out to be a flag pattern.
🔔 $48K...
#BTC/USDT
$BTC shaped an ascending channel that can act as flag pattern.
🐻 as you know flag is a continuation pattern, so if price break below the lower line of channel it will drop to support zone between $35k and $29k.
