The GBPUSD experienced a significant decline yesterday following the release of CPI data. After reaching a new intraday low, a corrective movement began. The market was showing steady growth within a bearish flag pattern. To anticipate a bearish trend continuation, look for a bearish breakout below the flag's support level. If the price breaks and closes below...
A descending flag that forms around under 15 days are good setups and the sharp price increase before hand seems to be at a 45 degree angle so there is good chance of upside.
📉Hi Traders, Investors and Speculators of Charts📈 We observe an important pattern on Shiba Inu - the Flag Pattern, also known as the Pennant. From here, ONE KEY THING will give away where the price is going next. Make sure you know what to look for and don't miss it! Another altcoin to watch closely, is LTC where we recently saw a VERY bullish sign. Find...
On the above monthly chart Silver has corrected over 35% since the year began. A number of reasons now exist to begin accumulation. Why? 1) A ‘incredible buy’ signal prints. See weekly chart below. Not since September 2018 has such a strong signal like this printed. 2) A strong Dragonfly DOJI candle printed with the close of July. This told us $18 was very...
Gold continuing to make new highs, as it begins traveling to some of our bigger measured move targets. On the way to those bigger targets, it has formed this smaller timeframe bull flag which it is now appearing to break up from which has a breakout target of $2347.*not financial advice*
In my most recent BTC analysis I talked about Bitcoin's pending break out of the bull-flag pattern on the chart. As of today, my initial entry has been hit and the top resistance has been retested as support. This makes me believe that the break out is legit and that a new leg up is on the horizon. My target remains at 80k, although I wouldn't be surprised if...
GBPUSD produced bull flag Idea. It is currently clear of news until tomorrow and now the bull flag is produced after strong momentum to the upside.
ACC fut made & broke above flag pattern on an hourly charts with decent OI. Not to b missed breakout. Could be bought with mentioned stoploss & target.
PFL has formed a long-term Flag pattern and has reached a resistance level. A breach of this resistance shall entail a rise in price level by another INR 1000 from current levels. Let us keep track of it. #patanjalifoodsltd #patanjalifoods #patanjali #patanjalitechnicalstudy #patanjaliflagpattern #patanjalipricelevel #patanjalipricetarget
As mentioned in the earlier post, the support level of over 65,000 remains intact. Yesterday witnessed a significant breakthrough with Bitcoin surpassing the $71,000 mark. Consequently, as long as the price of BTC maintains its position above $70,000, there's a strong indication of a potential new all-time high in the near future. Additionally, it's worth...
The price of BTC has rallied significantly and has formed a downward sloping flag. We set the target using the measured rule and set our stop at the low of the flag. The risk to reward is above three and we go long BTC.
In this chart we have spotted a bullish flag on a 4 H time frame. so we put entry, tp & Sl levels accordingly. No Divergence spotted so far.
#PSI20⬆️ 0,75% on #bullflag alert, after #support on the moving averages. Retest of the highs at 6600 possible. Great 1h setup today after overbought on the channel, but maybe tomorrow at open isn't too late #trading #euronext #PSI20 #stocks
In the KSE100 index we are observing a Bullish Flag on Daily Chart we can Expect a Rally towards 80,000 points. 80,000 Points target will be hit in the mid or end of July 2024
bullish flag in weekly chart in Dhanuka agriculture