The index has been moving in channels, with the recent one being an ascending channel in which we expect the market to reverse after breaking the structure.
LSKUSDT 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?
I am still optimistic that we will see a reversal from here , the SPOT accumulation is still high showing us that most people that bought are still holding . As long as the SPOT line stays above the PERP line & the Bull Flag support not broken -> i am bullish .
FX:EURUSD prints the first higher high after a series of lower highs and lower lows. Bullish divergence is present on 1 & 4 hr charts. Price has also formed a bullish flag (bullish continuation pattern)! Is it time for a possible change in trend for FX:EURUSD ?
Hi Traders! There is a potential bull flag forming on the 1D USDJPY chart. Our bullish outlook on the US dollar continues, and the potential bull flag here is supporting this. We are currently in the flag channel, and we are looking for a break to the upside of the channel. The important price level here to look out for is 146.564; this is August's high, and we...
NYSE:TWLO has a nice bull flag as a falling wedge. If general stock markets continue upward move, then we see a break within a couple of days. Otherwise we may have one another leg down before breaking out. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk...
USD/CNH remains within an established uptrend on the daily chart, and the US02Y-CN02Y spread has reached a new cycle high to suggest upside pressure could be building on USD/CNH. Prices have retraced and are now trying to build a base around the June highs. Bulls could seek dips around the cycle lows with a stop below 7.25 in anticipation of a move to 7.35, the...
currently gold is trading in a bearish wedge pattern n D1 chart.Also it has been reacting for the 1910-1912 very strong resistance and the EMA 200 was supporting for the rejection the situations like this what we can expect the higher rejection to the upside is possible .if gold trade above 1920 and behave steady above that area will move gold to 1929-30 strong resistance
At first we got a Bull Flag and broke with 2 resistance points . now we are getting the reversal formation when testing the top of the Bull Flag . I attached a photo showing the overall accumulation from different exchanges combined Spot and Perp , now Looking at it we can see first the blue line above in up trending direction meaning people are accumulating and...
Multiple bearish patterns. Last week just confirmed a bearish flag and broke an important support at 125. Price may try to test back the broken support now resistance at 125, but I really don't think is going any higher, too much bearish pressure. You can open a small position tomorrow and if it tests back add more. It has a lot of room to go lower. It may also...
Bullish flag formation above broken resistance now support. I has been consolidating since June, the break out will be hard. Wide SL as usual in Forex.
Update for our yesterday's post for GBPUSD. The pair retested a recently broken daily supply zone. The price formed a bearish flag pattern and broke its support on an hourly time frame. It may push the prices lower now. Goals: 1.2554 / 1.2530 ❤️Please, support my work with like, thank you!❤️
USDJPY is in very strong bullish trend and has break through bullish flag pattern. and it seems like sky is the limit for this pair amid very weak JPY. USDJPY is the best example of Trend is your friend. What you guys think of this idea?
Apparently price is forming a HS after a false break out. It makes sense since the market rejected very hard the first attempt to break up the resistance. Now is accumulating into a bearish flag. I have a short position here, it could open with a gap down any day from now on. I don't want to miss that gap. My short position is moderate and I will add after the break down.
TRBUSDT has formed bullish flag pattern and currently the price is trading at previous support zone and also getting support from flag. if this support holds and flag breakout happens it will be strong bullish leg with target of 14.50 followed by 15. What you guys think of this idea?
A favorable risk-to-reward ratio opportunity can be seen in this stock which is nearing a breakout from flag pattern with increasing volume support. Buy Entry - Above 175 Target - 205 Stop Loss - 163
This could be the time PLUG turns around PLUG is nearing some long-term support -- assuming the trendline holds, it's a good entry point. Worst case, be sure to use stop losses!
↪️XAUUSD On Friday experienced selling pressure following the remarks of Fed Jerome Powell at the Jackson Hole Symposium. From a technical perspective, I observed a bearish flag pattern which led me to have a negative bias. The technical analysis of the daily chart suggests a neutral to bearish sentiment for XAUUSD, indicating a decrease in the recent bullish...