Here is a Macro break and retest weekly level with a Micro Bull flag below the 4h level showing us tomorrows move will most likely be bullish. Be cautious of bearish move/gap at open due to the high sell volume at close and be be patient for clear entry. Nothing is 100% in the markets.
Pair is trading just over the bottom of the channel. It tried to push up a few times but was pulled back down at every attempt to go higher (wicked off 3 times). It looks like a bearish flag about to break. Just opened a short position, my SL triggers if a 4H candle CLOSES above the flag.
Because of spread so people meant not enter but I risk a little to enter this trade because of the spread.....you can look closely that there was a (1)bearish flag,(2)bos(3) RETEST of support that is now resistance (4) higher tf bearish ENGULFING .......so that's tell me that this today candle was just a retractment or a pull back if you understand
On the today's live stream, we discussed AUDCHF. The market is trading in a long term bearish trend. In the middle of August, the market started a correctional movement within a bearish flag pattern. After the price reached the confluence zone between a horizontal resistance and a falling trend line, the market dropped and violated a support line of the...
AMD is forming a bullish continuation pattern. After breaking its downtrend (yellow) is peaked at around 133 and then started consolidating without yet backtesting its breakout. Currently, we see a bullish formation with the price testing the upper band. We will either see a further breakout from here or, the price could retest the bottom of the range - around...
✅NZD_CAD broke out of the Bearish flag pattern and The breakout is confirmed so I think that we will see a Bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Tyson Foods has struggled with poor quarterly results. Now, after nearly four months of consolidation, traders may look for continued downside. The first pattern on today’s chart is the trio of bearish gaps after the meat company missed estimates and/or issued weak guidance. That may indicate deteriorating fundamentals and sentiment. Second, last month’s high...
SOLUSDT is in strong bearish trend and also form bearish flag pattern. Recently the instrument has break through important support zone. Now the price is within the flag and seems like it getting ready to break it. Will the sellers took benefits from these bearish confluences What you guys think of it?
The price has formed Continuation Pattern Bearish Flag on 1HR chart. Bears will remain in control and will push the price down. No divergences are noted unless it creates on current 1HR candle stick. Verdict: Bears to Win.
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
DXY - showing signs of a pivot. reaching the 0.702 multiple times without able to close above this level. this is a strong resistance. I dont see the DXY breaking this level. expecting a bearish reversal! *De-dollarisation doesn't need much explaining if your keeping up with the latest BRICS progress. *DXY - will no longer be the main reserve currency but likely...
MPHASIS LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 2600+. ✅Can Go Long in this stock by placing a stop loss below 2415-.
The pair has made a good bullish rally. At the moment, the price has retraced and a bullish flag continuation pattern is developed. The absence of divergence tells that the bullish flag is valid and the trend will continue. Let's hope the market goes as per our trade plan!
NYSE:HRL Bear Flag Weekly Chart The technical analysis of a bear flag pattern on the weekly chart of Hormel Foods Corporation (ticker symbol: NYSE:HRL ) reveals a potentially bearish trend continuation signal. A bear flag is a price pattern characterized by a sharp downward move (the flagpole) followed by a period of consolidation marked by parallel trendlines...
United Airlines Holdings - 30d expiry - We look to Sell a break of 48.38 (stop at 50.38) Prices have reacted from 58.23. Short term bias has turned negative. Price action is forming a bearish flag which has a bias to break to the downside. There is no clear indication that the downward move is coming to an end. The trend of higher intraday lows has also been...
MOD showing a bullish flag on the Weekly chart. Not confirmed as of today Pros: 1- PPS above 50MA and 200MA 2- RS above 0 and climbing 3- R/R ratio above 5 by a light margin 4- 250RSI above 50 and climbing 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in blue 8- Post formed with volume 9- Descending volume during Flag forming 10-...
This chart is showing extreme strength and finally it has given an up flag breakout after couple of weeks consolidation. Auto industry world wide has showing a great buying and this stock is non different. Immediate resistance is around 73. However, after seeing the chart structure, it will be taken out soon . The Risk Reward ratio (RR) is extremally favorable and...