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tonz_of_gunz tonz_of_gunz EURCAD, 60, Short ,
EURCAD: EURCAD BEARISH PENNANT ON H1
114 2 14
EURCAD, 60 Short
EURCAD BEARISH PENNANT ON H1

EURCAD is in a bearish pennant on h1 so i am looking for a break on the downside to enter a short position.

AlexxChan AlexxChan EURCAD, 60, Short ,
EURCAD: EURCAD PENNANT FORMATION
50 0 3
EURCAD, 60 Short
EURCAD PENNANT FORMATION

A Clear pennant could be seen forming on EURCAD. I suspect the pair may be heading lower as there are some bearish movement in EUR at the moment

tonz_of_gunz tonz_of_gunz EURUSD, 60, Short ,
EURUSD: EURUSD BEARISH PENNANT ON H1
551 0 23
EURUSD, 60 Short
EURUSD BEARISH PENNANT ON H1

Selling after a downside break of the pennant looks like a good idea on EURUSD.

DacresFx DacresFx AUDJPY, 240, Short ,
AUDJPY: AUDJPY -  ''SHORT'' - (CANDLESTICK FORMATION)
342 5 17
AUDJPY, 240 Short
AUDJPY - ''SHORT'' - (CANDLESTICK FORMATION)

Confluences and Probability - Clear downtrend 4H + DAILY - 79.703 is channel low on the daily T.F we are seeing a clear break of this level - All MA's are suggesting strong bearish momentum - While having all these confluence to give evidence that we are in a overall bearish market we have other independent factors such as this clear ''Bearish Pennant'' in which ...

KashMarkets KashMarkets GBPJPY, 240,
GBPJPY: Potential Short Opportunity GBPJPY
81 2 1
GBPJPY, 240
Potential Short Opportunity GBPJPY

Hello Traders On the daily timeframe we have a pennant pattern. We are expecting price to react at the trend-line resistance and with confluence of a zone of structural resistance in this area. Going into the 4hr timeframe, we have a Bat pattern which completes at 161.77. This is where we enter short. Furthermore, we will be keeping an eye on RSI for continuing ...

Michael_KM Michael_KM GBPJPY, D, Short ,
GBPJPY: Potential Shorting opportunity GBPJPY
106 0 7
GBPJPY, D Short
Potential Shorting opportunity GBPJPY

Hello traders, We have a potential bat pattern completing at 161.75. This falls within a pennant pattern. I am expecting price to react at the trend-line resistance and continue downwards. At this level we also have some structural confluence. TP1: 158.62 TP2: 156.67 Feel free to follow, like, comment and share

AlexxChan AlexxChan XAUUSD, 240,
XAUUSD: Pennant forming on Gold
150 0 5
XAUUSD, 240
Pennant forming on Gold

A clear pennant formation is forming on Gold. Where would it go?

Akil_Stokes Akil_Stokes PRO USDJPY, 60, Long ,
USDJPY: USDJPY: Bull Pattern In Bear Market (Part II)
2113 12 52
USDJPY, 60 Long
USDJPY: Bull Pattern In Bear Market (Part II)

Traditionally there are 3 ways to trade a breakout all depending on your level of aggression as a trader. The before the breakout and actual break has already completed which means waiting for the retest is the only option left for those looking to get involved. I'm saving it for my Weekend Review, but I've been recording the analysis of this trade as well for ...

tonz_of_gunz tonz_of_gunz XAGUSD, 240,
XAGUSD: SILVER POSSIBLE BREAKOUTS TRADE IDEAS
525 0 17
XAGUSD, 240
SILVER POSSIBLE BREAKOUTS TRADE IDEAS

Some possible trade ideas on XAGUSD in the coming days, could go either way so follow it closely.

kwaziphungula kwaziphungula EURUSD, W, Long ,
EURUSD: EURUSD Forecast : Long Continues
151 0 4
EURUSD, W Long
EURUSD Forecast : Long Continues

A nice double bottom pattern coupled with a pennant pattern that has been broken to the upside confirms an earlier long term forecast I had made about the EURUSD, that there is no way but up for the currency pair. I have put a conservative target at 1.2300 however I think it is easy to see that this currency pair will continue much further than that to reach even ...

kwaziphungula kwaziphungula EURUSD, 60, Long ,
EURUSD: EURUSD Buy Opportunity - Wolfe Wave & Triangle Patterns Forming
111 0 2
EURUSD, 60 Long
EURUSD Buy Opportunity - Wolfe Wave & Triangle Patterns Forming

There is a support line (the yellow dotted line) coinciding with 78.2 and 88.6 area of a fibonacci zone which should provide support. A triangle pattern seems to be forming a wolfe wave since the 5th wave has gone outside the triangle support lines. I have put two entries, a normal entry and a conservative entry for traders who don't like risk, and again a ...

ChrisThein ChrisThein USDJPY, 240, Long ,
USDJPY: USD/JPY 240 Pennant Breakout
55 0 2
USDJPY, 240 Long
USD/JPY 240 Pennant Breakout

There is a potential breakout on the 240min chart. I would prefer to see a really bullish candle come out of this pattern before getting long. I would take profits no higher than the 113.25 zone. We are still in a bearish trend so this would be a good area to get short. Good luck trading out there.

heglassedme heglassedme ETHBTC, 60,
ETHBTC: ETHBTC BULLISH PENNANT
211 0 4
ETHBTC, 60
ETHBTC BULLISH PENNANT

I would consider the same height here. TP2 0.0222. Thats where the pin's tail ends.

Razvan Razvan EURGBP, 60,
EURGBP: EURGBP - Follow Up
562 0 5
EURGBP, 60
EURGBP - Follow Up

EURGBP has drawn a Pennant. A break below 0.7990 would confirm the pattern and signal a continuation of the down move, while a break above 0.8025 would signal a pullback to 0.8050.

AdliJamalluddin AdliJamalluddin XAUUSD, 60, Long ,
XAUUSD: gold perform very good with patterns???
36 0 2
XAUUSD, 60 Long
gold perform very good with patterns???

Possible gartley pattern and bullish pennant. This market prediction is just my opinions. If you agree hit the like button, or you can share your view.

AlexxChan AlexxChan GBPJPY, D, Short ,
GBPJPY: GBPJPY Continues lower
264 0 10
GBPJPY, D Short
GBPJPY Continues lower

GBPJPY is showing a lot of signs that it will continue lower. With prices failing to break the downwards trend line, and a breaout on a pennant formation. This is giving me some strong confirmation that the pair will head lower

AlexxChan AlexxChan EURAUD, 240, Long ,
EURAUD: EURAUD Pennant Breakout
92 0 5
EURAUD, 240 Long
EURAUD Pennant Breakout

EURAUD created a Pennant pattern and a breakout to the upside. Let's see how it goes.

ChrisThein ChrisThein NZDUSD, 240, Long ,
NZDUSD: NZD/USD Potential long term breakout 4 hour
11 0 1
NZDUSD, 240 Long
NZD/USD Potential long term breakout 4 hour

Price made a higher high on the 4 hour last week that stalled into Daily resistance (.6845-.6870.) I'm looking for price to put in a higher low without putting in a lower low. See the blue curved line. This would tell me we could have a potential breakout of Daily resistance. It could make a pennant formation. If price breaks below and closes below the current ...

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