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Flag

A flag can be used as an entry pattern for the continuation of an established trend. The formation usually occurs after a strong trending move that can contain gaps (this move is known as the mast or pole of the flag) where the flag represents a relatively short period of indecision. The pattern usually forms at the midpoint of a full swing and consolidates the prior move. Price is contained by 2 parallel trend lines that lie close together and are sloped against the mast.

Bullish flags can form after an uptrend, bearish flags can form after a downtrend. The pattern has completed when price breaks out of the containing trend lines in the direction of the prevailing trend, at which point it will likely continue its course. Conservative traders may look for additional confirmation of the trend continuing. The target can be estimated through the technique of measuring the length of the mast and extending it in the direction of the breakout. A common stop level is just outside the flag on the opposite side of the breakout.
aeryx aeryx BTCUSD, 30, Long ,
BTCUSD: Pledge your allegiance to the bullish flag
113 3 3
BTCUSD, 30 Long
Pledge your allegiance to the bullish flag

https://www.tradingview.com/x/rBp6PKQd/ It'd be the second bullish flag since July 16. Thoughts?

MaryJane MaryJane BTCUSD, 60, Long ,
BTCUSD: Flag Attack?
1784 14 40
BTCUSD, 60 Long
Flag Attack?

s The trading marks should be clear... This is tTHE MoB: https://www.tradingview.com/x/OShOEzno/ Trading above this Make-or-Break-Level should initiate a bigger buying wave....

MaryJane MaryJane DAX, 60,
DAX: Bear flag?
744 23 30
DAX, 60
Bear flag?

https://www.tradingview.com/x/ZIvSKxQ1/ waiting for a decision

ForgottenInsights ForgottenInsights BTCUSD, 60,
BTCUSD: BTC loading for action
203 0 4
BTCUSD, 60
BTC loading for action

BTC has seen action with the recent dip and is currently consolidating. I can see potential for up and down movement and the Segwit2x lock in (or failure thereof) is a good narrative for both cases. Watch BIP91 lock in here: https://www.xbt.eu/. It could complete in 15h, but it requires 80% and currently 79.6% are signalling. Very close call. A flag is a strong ...

MaryJane MaryJane ABBV, 60, Long ,
ABBV: Trying to catch the end of the consolidation
160 0 19
ABBV, 60 Long
Trying to catch the end of the consolidation

After the bigger upswing from 65,7 up to 73,6 we see a healthy consolidation. Ideally this consolidation could end at the min correction fibo 38,2. Here is also based the EMA, so potential technically orientated buyers could stand there to catch the possible anticyclical swing. Above 73,65 the “sky is the limit”

Calm-Monk Calm-Monk LTCUSDT, 240,
LTCUSDT: Flag on LTCUSD
358 0 9
LTCUSDT, 240
Flag on LTCUSD

Possible flag pattern on LTC going to reveal. It's pretty parallel. It might go up to 54-56$. BTC tip: 1FPc96NnpW5rC4RqVVYSRAd8BNHPM4ecJa LTC: LZ8Q9cNyGYdNxAhjU4zNaFv4SrcmZyToPk Thank you :)

Nicholas104 Nicholas104 ETCETH, 240, Long ,
ETCETH: ETC  due for a bull run any minute
108 0 8
ETCETH, 240 Long
ETC due for a bull run any minute

https://www.tradingview.com/x/6yiNSKno/ watch this space !!

LekkerCapital LekkerCapital PRO EURNZD, 60, Short ,
EURNZD: EURNZD downside coming
42 0 3
EURNZD, 60 Short
EURNZD downside coming

Trade breakout. GL

4XRandalll 4XRandalll PRO USDJPY, 60, Short ,
USDJPY: USDJPY on USD Weakness
33 0 3
USDJPY, 60 Short
USDJPY on USD Weakness

I am seeing more downside to the Dollar for rest of week, maybe next couple of weeks. Nice short term trade setup. We have seen it touch the top of this latest retracement 4 times, should be time to go short.

mazdaki mazdaki PRO TSLA, D, Short ,
TSLA: Opened a short position at 324 for the next leg down
87 0 3
TSLA, D Short
Opened a short position at 324 for the next leg down

The Bear flag has formed and it was just penetrated. As musk pumps, we will add to the short position. remember the 3D stocks... this stock has never experienced a real downturn. This is where reality meets the road... a semi, an electric train, an electric moon lander will not help until there is a deep correction.

MaryJane MaryJane AMGN, D, Long ,
AMGN: Flag attack...?
120 0 17
AMGN, D Long
Flag attack...?

Trading above 175,2 could initiate a flag-wave , good for 10 $ longterm view: https://www.tradingview.com/x/KFZ1CXt6/

IkeOkeke IkeOkeke PRO UKOIL, 60, Short ,
UKOIL: Flag formation UKOIL - short opportunity
92 0 5
UKOIL, 60 Short
Flag formation UKOIL - short opportunity

Flag forming on the 1hr chart UKOIL, short term sell opportunity.. Trade with care, Ike

IkeOkeke IkeOkeke PRO UK100, D, Short ,
UK100: Could the FTSE 100 be on it's way down?
92 0 6
UK100, D Short
Could the FTSE 100 be on it's way down?

Currently a small flag is developing on the FTSE and I do believe there is more room for a correction however remains bearish in the larger picture.

deavilaubanidaniel deavilaubanidaniel IPI, W, Long ,
IPI: IPI FLAG PATTERN
34 1 5
IPI, W Long
IPI FLAG PATTERN

IPI FLAG PATTERN BREAKOUT:2.50 TARGET: 3.04 (+22%) POSITVE MANSFIELD SECTOR POSITVE MANSFIELD.

Fxnoise Fxnoise EURUSD, 240,
EURUSD: Not ready for higher sell 1.15
186 2 12
EURUSD, 240
Not ready for higher sell 1.15

Possible idea See some price range after big move

ThatoTumelo ThatoTumelo EURJPY, D,
EURJPY: EURJPY -D 2017
63 0 4
EURJPY, D
EURJPY -D 2017

Medium Term

Archimedes02 Archimedes02 BTCUSDT, W, Long ,
BTCUSDT: Bullish flag
172 0 7
BTCUSDT, W Long
Bullish flag

Not much to do, expect waiting for everyone to be done panic selling the non-issue event that is Bip 148. I'm using BTC as the carrier and indicator of the whole cryptomarket here. I don't hold any Bitcoin, but I will start looking to exit my alts as BTC enters the next psychological resistance levels, which I see as 5000 on Coinbase. And then start trail ...

TradeBulls TradeBulls PRO GBPJPY, 60,
GBPJPY: GBPJPY - H1
235 0 5
GBPJPY, 60
GBPJPY - H1

Just an idea. Have a nice trading day. GBPJPY

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