Flag
EUR/USD – Bullish Flag Pattern & Trade SetupTechnical Analysis & Trade Plan for TradingView Idea
This chart illustrates a Bullish Flag Pattern on the EUR/USD 1-hour timeframe, suggesting a potential continuation of the prevailing uptrend. Below is a detailed breakdown of the market structure, key levels, and a professional trading strategy.
📌 Chart Pattern: Bullish Flag Formation
The Bullish Flag is a continuation pattern that forms after a strong upward price movement, followed by a short period of consolidation within a downward-sloping channel. It signals a brief pause before the trend resumes.
Flagpole: The sharp price increase before the consolidation.
Flag: The corrective downward movement forming a small parallel channel.
Breakout Potential: A confirmed breakout above resistance could lead to a further bullish rally.
🔍 Key Technical Levels & Market Structure
🔵 Resistance Level (Supply Zone)
The upper boundary of the flag pattern acts as resistance.
A breakout above this level could trigger a strong buying opportunity.
🟢 Support Level (Demand Zone)
The lower boundary of the flag provides support.
Price is currently testing this zone, which is a critical decision point.
🎯 Target Price: 1.14544 (Projected Move)
The price target is calculated based on the height of the flagpole added to the breakout point.
This aligns with a previous significant resistance area.
📈 Trading Strategy & Execution Plan
✅ Entry Criteria:
A confirmed breakout above the flag's resistance level with a strong bullish candlestick.
Increased trading volume supporting the breakout.
🚨 Risk Management:
Stop Loss: Placed below the support zone of the flag to manage risk in case of a false breakout.
Take Profit Target: At 1.14544, aligning with the measured move of the flag pattern.
📊 Trade Confirmation Indicators:
RSI (Relative Strength Index): A reading above 50 confirms bullish momentum.
Moving Averages (50 EMA/200 EMA): A bullish crossover would strengthen the buying signal.
Volume Analysis: A breakout should be accompanied by high trading volume for confirmation.
⚠️ Potential Risks & Alternative Scenarios
Fake Breakout: If the price breaks out but lacks volume, it could be a false signal.
Bearish Reversal: If price breaks below the support zone, the bullish flag setup becomes invalid.
Market Sentiment Shift: Unexpected news events can impact price movement.
📝 Summary
The EUR/USD pair has formed a Bullish Flag Pattern, signaling a possible continuation of the uptrend.
A breakout above the resistance level would confirm the pattern and provide a strong buying opportunity.
Risk management is essential, with a stop loss placed below the support level.
Final Target: 1.14544, based on the flagpole’s measured move.
💡 Conclusion: A well-structured breakout above resistance could lead to a bullish rally toward 1.14544. However, patience and confirmation are key before entering the trade.
Is the Finnish Bank OmaSp about to collapse?The charts are suggesting caution. On the above 10-day chart:
1) Double top in price.
2) Regular bearish divergence.
The higher the timeframe you look the more ugly this divergence is.
Laterally I’m wondering if the small banking crisis that hit the US is now venturing to other parts of the world. OmaSp does not appear to be in isolation.
There were some tell-tell signs before the collapses of Silicon Valley and Signature Banks. (No one in Europe heard of those banks!) They were:
1) Strong bond market exposure.
AND
2) Same TA as above.
“OmaSp has been active in the bond market since 2013” says their website. Very true..
Until recently you could get the information on their Bond market exposure.. You click on the WebPage today and you get:
www.omasp.fi
“Unfortunately the webpage you were looking for can not be found”
Oh dear…
Ww
Type: Trade, short
Risk: <=3%
Timeframe: Candles closing at 19 and under.
10-day Silicon Valley Bank
before
after
10-day Signature Bank
before
after
CHFJPY: Intraday Bullish Signal?! 🇨🇭🇯🇵
It looks like CHFJPY has completed a local correctional movement
after a formation of a strong bullish wave.
I see a violation of a resistance line of a falling wedge pattern as a confirmation.
Next goal - 175.72
❤️Please, support my work with like, thank you!❤️
Total 3 targeting 1.5TWelcome back dearest reader,
This is going to be a short one, all information is in the chart above.
Total 3 has been in a Massive Cup and handle formation.
Measured from the base of the cup till the top of the handle gives us a ''total 3'' price target of 1.5T$ which is 100x from here. If you were to do a different analysis and like flags more then we come to the same price target of 1.5T$ (Blue bars).
Price action is now retesting resistance from march 2024 as support. When this is done i expect blast-off mode.
~Rustle
TSLA 45M chart - BULL flag Coiling for Breakout!www.tradingview.com
🚀 TSLA 45m – Bull Flag Coiling for Breakout
NASDAQ:TSLA TSLA ripped from $214 → $276 📈 and is now forming a bull flag just under resistance at $276.87.
🔹 Strong volume on the pole, cooling off during flag 🧊
🔹 RSI ~74 — strong, but not overheated 💪
🔹 MACD crossover 🔄 + momentum building 📊
🔹 Above all key EMAs (20/50/100/200) 🟢
🔹 OBV trending up — smart money is loading 💼📦
⚠️ Breakout above $277 = launch toward $293–$300, with extended target of $310–$330 if trend continues.
❌ Invalidation below $263.
📌 Watching for a breakout + retest entry 🔁
Let it cook. 🔥
Possible Bearish Market on USDCHFUSDCHF has been moving between support and resistance levels thereby creating a sideways movement on daily and weekly timeframes, also creating some flag patterns, currently, there is a potential sells on weekly and daily timeframes,
we might see a little movement up to the resistance zone at 92081, creating a triple top pattern before starting the downward movement again.
let's watch out for the market this week.
like and share your opinion
Confluence at 65KBTC seems to be developing a bullish Gartley pattern, currently evolving within a potential bear flag.
The pattern would complete at point D, around $64,600–65,000, where multiple confluences meet:
- 78.6% retracement of XA
- 141.4% extension of BC
- Lower boundary of the flag
- Retest of former resistance trendline
- Saylor’s average entry price 😏
A key condition: we need to break below the current wedge to increase probabilities of reaching point C.
Until then, the pattern remains a setup in progress.
Letting it unfold, one leg at a time.
GBPCAD bearish view
OANDA:GBPCAD whats next?, we are have two times bounce on trend line,
currently on D is visible DESCENDING TRIANGL,
in triangl we have RECTANGLE PATTERN 4h which is breaked,
below rectangle pattern we have on lower TF better visible BEARISH FLAG pattern 1h (violet doted), which currently looks breaked,
here expecting bearish push now till next trend zone.
SUP zone: 1.85000
RES zone: 1.82250, 1.81600
Bearish Flag, Bitcoin (4H)Bitcoin has broken a bearish flag in medium time frames. If a rebound comes would be an opportuinty to get short positions.
The problem with Bitcoin is not only the bearish flag currently working on. It has a change of character in daily time frame which I posted a lot about it another of my analysis.
I don't think the values of assest is cheap at the moment. In fact, they're about to get cheaper a lot in coming days.
For now, 76400 is looking like a specific target for the main flag formation.
Thanks for reading.
APT Way Down For Long LiqudationsAptos recently hunted lots of short positions during last crash. In February 2 most of the assets crashed a lot. And there is still remaining liquidity and imbalances within the last long wick.
APT has formed a bearish flag in it's consolidation rectangle. It's headed trough 4.5$.
Thanks for reading.
Stanley Black Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Stanley Black Stock Quote
- Double Formation
* (EMA Settings)) | Completed Survey
* (No Trade)) + Inverted Structure | Subdivision 1
- Triple Formation
* (Flag Structure) & Short Set Up | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 73.00 USD
* Entry At 63.00 USD
* Take Profit At 47.00 USD
* (Downtrend Argument)) & Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
SP500,A BIRTH OF A NEW TREND (FURTHER DECLINE EXCEPTED)Sp500 has given birth a to new trend after forming bullish pattern from our previous analysis to give us ATH of 6k. It has form another bearish reversal pattern on weekly timeframe. We might see further declines in coming weeks. Overall target $4700 a $43,00
EUR/USD - Bull Flag Pattern Breakout in ProgressThis EUR/USD 1-hour chart showcases a classic Bull Flag Pattern , a strong continuation formation indicating the potential for further upside momentum.
- The pair experienced a sharp bullish impulse move, forming the flagpole.
- The price then entered a consolidation phase within a downward-sloping channel, forming the flag.
- A breakout above the upper trendline of the flag could confirm a continuation of the uptrend.
Traders should monitor key resistance levels and volume confirmation upon breakout. A successful retest of the flag's resistance as new support could provide a strong buying opportunity, with the next target potentially aligning with the flagpole’s measured move projection.
As always, apply risk management and consider additional confluences such as Fibonacci levels, moving averages, or fundamental factors.
EURAUD bull flag has completed following the China tariff news!Intraday Update: The EURAUD has completed the bull flag pattern. However, with the headlines today out of China, the risk is we could continue to squeeze, and target is a guess at this point.
Some traders will fade this, I would wait till after US stocks markets reopen