GMXUSDT is exhibiting a bearish Flag Pattern, with no divergence observed. The chart indicates the formation of a Bearish Flag Continuation Pattern. When the trend resumes its previous pattern after breaking the sideways movement, the price breaches the neckline (support) which triggers a sell stop for entering the trade. The stop loss is placed above the resistance level.
Well, am I missing something or this is just a continuation pattern? The last candlestick formation is bullish. I'm not sure to short the market now. Lets see how the week closes.
NASDAQ:MITK Bearish To Bullish Reversal, parallel down trend that started in September of 21. The break of the down trend started in August of last year and now its basing for over year. Perfect example of a bearish to bullish reversal. Mitek Systems, Inc. is a technology company specializing in digital identity verification and mobile capture solutions. They...
Real estate investment trusts have struggled this year, and now some traders may look for a bearish move. The first pattern on today’s chart of the Real Estate Select Sector SPDR Fund is the series of higher lows in May, June and August. XLRE has struggled to hold the line in the past week, which may suggest it’s a bearish flag in the longer-term downtrend...
EURUSD is printing Bearish Flag Chart Pattern on 1HR timeframe. Entry Price along with Stop Loss as well as Profit Targets are clearly marked on the chart. RSI is in sync with the price and no divergence is spotted.
AUDCAD is printing Bearish Flag Chart Pattern on 1HR timeframe. Entry Price along with Stop Loss as well as Profit Targets are clearly marked on the chart. RSI is in sync with the price and no divergence is spotted.
Chart is forming a flag and pole pattern in monthly time frame. May go long at cmp.
The pair has been observed developing a Bullish Flag continuation pattern. There is no divergence of RSI with the price action as per the trend. The entry, stop loss, and profit levels are marked. Let's hope for the Profits!
Price is forming a bullish flag above the broken support. Earning call on 08/24. I bought calls $33 exp 08/25. If everything goes well, I'll sell most of my calls before earnings and leave just a few for speculation.
NSE:GRSE 657 1. Rectangle Pattern's movement continue (Breakout was at 525 level) 2. Fresh Pole and Flag Pattern Breakout in the chart at 625 level with strong Volume 3. Upcoming levels to watch 725-800 levels 4. Support near the 600-550 level on the chart. 5. Recent uptrend is making this pattern strong 6. Today's Gap can consider as Breakaway Gap....
EUR/USD is starting off the week with a Bear Flag! Break of the flag to the downside is expected, following suit before price entered into pattern. I believe the break will give to a BIGGER bearish sequence. Waiting for a VALID CLOSE and RETEST of break to so validation. SL, TP & Entry will be updated!!
According to the OP instrument, the trend is locally downtrend (this is noticeable by the hayes that have been declining over the past day). Trading volumes are also declining, and large sales orders are in the glass. The highs are not updated, but the price is pressed to the minimum. This indicates the strength of the seller and the weakness of the buyer. ...
I just jumped in here, DOW futures. Another bullish flag ready to break out to test the 3600 zone. You can buy calls too but would to wait until session opens. Look how the price is pushing the flag resistance, I think is going to break at any moment.
EURJPY has formed the bullish flag pattern. Currently the price is hovering around the channel and it seems like the price is ready to break the flag amid weaker JPY. what you guys think about it ?
XRP/USDT. In good probability with good ratio. 80% win to 6% loss. Interesting not to use more than 2% of the trade account. Small batch can be leveraged! It's not financial advice, only study !
Hello,Traders! EUR-CAD broke out of the Bearish flag pattern and the Brekaout is confirmed so We will be expecting Bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
↪️EURUSD is trading in a downtrend Following a peak of 1.1065 in the week due to the announcement of US consumer inflation, the currency pair was unable to recover the 1.1000 level, creating an opportunity for additional declines. This was followed by a horizontal resistance level previously acted as support area at approximately 1.1030/50. The pair formed a...
USD/CAD hasn’t changed much on Friday, but the 200-Day Moving Average is still under bullish pressure. After forming a double bottom in July, the #USDCAD broke into the bullish flag again.