I'm closely monitoring AUDCAD, and here's why: 1. Bullish Flag Channel Breakout on 4-hourly chart: - AUDCAD has recently broken out of a Bullish Flag Channel on the 4-hourly chart. - This breakout suggests a potential bullish move in the market. 2. 5-0 Pattern on 1-hourly chart at 0.8829: - Waiting for a retracement, I'm eyeing the completion of a 5-0 Pattern...
Following the breakout in end-2023 from the diagonally-downward sloping channel dating back from mid-2021, the share price found resistance at the 0.236 fib level. Proceeding this, another fib could be drawn to identify the next support level. Everything indicates that support will be found at 0.382 fib level of the latter mentioned fib, this also coinciding with...
Darvas Box Strategy on Bullish outlook Looking to ride the wave up Expected bullish move in the next 4 or 5 days Buy or Long
BTC looks to be printing an atypical bullflag here with heavily contracting price action after the most recent run. I have been expecting a correction for a while and it just has not come, maybe we really do bust to 75k before, this would make a correction here a much higher price point. Using a 30% correction we will note the following. Correct here (62k) =...
Oil on a daily time-frame seems in an uptrend move, developing a big corrective flat, and when we go on lower timeframe like the 4H chart, there's also a flat correction within it, and that flat is a running flat i think, when we break above that correction we're gonna go higher, and the targets will be, 78.713, 80.002, 80.367, 81.404 , 81.866.
Following up on the Flag theme I am wondering if this is a "Pennant" which would take us up to the "Flag" absolute target and make a new 'All Time High'?
No harmonic this time trying something different; a bullish flag. If this goes right final TP will be 5200. Based on: - 1HR tf - Pole leg @ between 4946.5 - 5111.6 - I believe a channel has established and been respected - I believe breakout candle closed @ 5089.2 - I believe channel was RT @ 5065.8 LMK what you think, again I'm trying a different approach...
DUOL popped from a 5X earnings beat. I got into this trade last week with a little bump in relative volume and volatility off-screeners on tech upcoming earnings. The high-tight flag pattern typically forecasts a leg of a bullish continuation higher after some consolidation. Options for March 15 went 2.5X overnight. Half the position off the table taking...
SNOW beat the earnings estimates by 150% and slightly exceeded revenue estimates. Price dropped in printing a bear flag in a 22% move yesterday at the close. Buying from the bottom has begun and I have the idea that I should join. My pre-earnings play was closed going into the earnings in the high liquidity that proceeds it. I got my ask price on that...
VERX on the 15 minute chart demonstrates printing a high tight bull flag pattern in its bullrun after the earnings report was a two line beat much like the one a quarter ago. VERX has impressed traders including this one who got in on the ride early. I will trade this like others recently with a similar pattern. I will hold during the consolidation and watch...
ARB has been consolidating inside a bull-flag since the start of 2024. With the altcoin market on fire at the moment, I expect ARB to continue the uptrend and break out in the near future. Targets placed at the current ATH and 3$. This token could see very decent returns in the near future.
Earlier price is consolidating after making swing high in D1 and finally break the chart structure upward. The structure of flag pattern is formed. After retrace at the level 0.50 as per Fibonacci, that was the point of entry and making the target TP is from 0.50 Fibonacci to the same length of pole of the flag (from 0.50 Fibonacci to target TP at the next daily...
USDJPY make bullish flag pattern and give breakout from range , its projected target price will be 151.698. We can attempt to buy from specified level. SL , TP mention in chart
We've seen an extremely bullish year so far and the past few weeks have seen to be the last push of the current leg. Seeing the amount of bearish RSI divergence taking place among many of the major indices I'm going to take a short position taking us down to the previous resistance, which is also the potential support of the cup & handle pattern visible.
RNDR broke the flag on the daily but immediately rejected as a leveraged washout occurred on the market. Many algo traders/bots and leveraged players are getting wiped out with whipsaw price action. This is why I caution against using leverage in crypto unless you are extremely experienced and have a track record of success. Crypto already provides such...
UBER forming a gorgeous flag after a post earnings run up. Price is coiling nicely and RSI has been hovering near overbought, but holding there signaling impressive strength.
Hello,Traders! SILVER was trading in a Bullish flag pattern and now We are seeing a bullish breakout So we are bullish biased Now and we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!