USDJPY left a lot of unmitigated levels while on this uptrend and began breaking flags(corrective phase) to the downside indicating a lot of selling power the pair is gaining.
Btc forming a pennant pattern let's see which side it will break if the pattern breaks up side easily we can expect 30500 and the other side it break down means we can reach up to the 29400 mark again . . . . . . . DYOR !!!
(6/1000) Bullish Pennant pattern for ATH on the Canadian market. Not confirmed yet. Pros: 1- PPS above 50MA and 200MA 2- RS above 0, but just a little 3- R/R ratio above 5 4- 250RSI above 50 but flat 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in blue 8- Descending volume during flag forming 9- Volume during post forming 10- ATR...
equilibrium triangle buying third lows as part of methodology
UBER on the 15-minute chart this week has printed a small bullish pennant pattern then continued into another larger print of the same pattern. The Price Volume Trend Oscillator went red to green as the initiation of this trend over the past two days. Trading volumes have pushed prices and are in the range of double the moving average. The zero-lag MACD...
Hello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that price bounced from the resistance level, which is located in the seller zone, and fell firstly to the support level, but soon Binance Coin declined lower to the buyer zone. A few time later price declined more to the support line, but at once rolled up and...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few days ago price declined below of resistance level, but at once bounced up and made a fake breakout. After this movement, Bitcoin fell to support level, which coincided with support area and also entered to rising channel. In channel price reached...
Right now looking at a daily bull pennant on BA top of 219 or bottom below 196. If we zoom out to to larger time frame we are still in a slightly bearish flow. A third retest of the high (original and one already) will confirm direction. Worse case senario we stay within this range for a while depending on future sales of BA airplanes.
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price some time ago bounced from the support level, which coincides with the support area, and started to decline inside the downward channel. Inside channel price declined until to support line, and also broke the last support level. After Euro reached the support...
After testing patience, finally breaking out Expecting 900 as first target and 950 as second. Will scale out half at 900 to secure profits Note: NDR Auto is splitting 2/1 (12 Jul record date) #NDRAuto #NDRAutoComponents
XAUUSD right now emerging continuation patterns. Gold buy 1954 Stop loss 1948 target 1975 and 1983.
Well this "Pennant" has taken just under 3 weeks to form which falls in line with Bulkowski's rules and at the moment has just fallen short of his target so far! If we go to absolute target(100%) then I would expect it to reach $36,210. thepatternsite.com
CME:6C1! has been consolidating at recent lows for so long. Finally, there has been a break out of a large pennant on the weekly time frame with a smaller bull flag forming now, but can Canada keep the momentum going???
* 4H BTC was dumped due to FUD last week. But this was a bear trap and a long squeeze. If you look at the linear chart, it's supported by an uptrend line starting at 24.8k, and it's rolled up quickly with triangular convergence. It's slowly going up, supporting the bottom of the triangular convergence and the uptrend line. On this basis, it seems more...
dxy looks close to closing at a lower-low in this ongoing down-trend. The last coffin nail was Nov 2022 when EMA30 was crossed. Everything else is noise.
If you're new here check out my previous set ups on BTC and make sure you don't miss this So we have a bullish pennant that is currently been retested, however i expect that BTC will test the liquidity point at 30k/ 30100 before we can fly and create a new year high. Even though there is a strong probability that it will range from 31400 to 29700, doesn't mean...
Salesforce ( NYSE:CRM ) is making an impressive pre-market move, poised to kick off the day with a breakout from its pennant formation. By taking into account a measured move from the previous consolidation phase, coupled with a measured move from the onset of the formation, we can project a potential target range of $233-238. Interestingly, this aligns with the...
Take entry at 1460 to 1475 1st target 1849 2nd target 2220 Strong sl 1305 This counter always in bulish mode. From 2015 it's gave 39000% return. Don't avoid just enter.