Watching the daily chart on SANDUSD I can see that it broke out of a bullish pennant and the 1.618 level of fib. Currently the price is retracing from the big green break out candle. It's possible that price comes back below the 1.618 fib or lower to retest the previous resistance. 2.618 of fib or $1.035 is the next major resistance level to look at. If that...
MANA about to copy SAND and have a huge rally. It is out of its Pennant now and the measured move from the Pennant is 1.14. RSI Looking Super strong
Wait for the confirmation if it closes above 1.014 it will reach the next levels DYOR not financial advice
SOL/USDT is in a Pennant and looks good for a Long here after yesterdays Stop hunt. 31.88 looks like a good TP as this was previous support and is the measured move of the Pennant.
FLUX Bullish Pennant should see it make a 50% move on breakout! NFA & DYOR - Thanks! 🤑
CUMMISIND Intraday Trading setup. Buy above 1460. TARGETS - 1490-1500.
Atom breaking out of Pennant formation $16.4 is the target
The nature of the market is it's making impulsive, correction structures. The current phase on 1HTF is a correction phase, under probability I'm expecting price to move out impulsively. I will be considering a Risk entry type within the pattern at an area of value. Share your thoughts in the comments and show your support for the idea by liking it. Thank you for...
be ready for bullish breakout happen to be ready for comment me stock analysis
As we know gold is changing its trend, i found a perfect entry on gold wait for the perfect entry with proper risk and money management
While there is pennant formation on the chart, pay attention to the wedge resistance on the monthly time frame.
While there is pennant formation on the chart, pay attention to the wedge resistance on the monthly time frame.
Falling prices turned upwards by getting approval from 112.68 level.
Although there is a pennant formation on the chart, the targets are determined according to Fibonacci.
We are almost to the target but i wanted to point out this textbook breakout and retest of the bull pennant
Gold is bullish and price just picked up orders in a critical demand zone. We also have a break and retest of a bullish pennant on H4 - extra confluence. If you take the trade practice good risk management. All the best!
EURJPY is trading in between 2 converging trend lines forming a Pennant pattern. The Price is trading below the upper trendline breakout. Targets: 62%: 143.421 79%: 143.735 Targets2: 127%: 144.626 162%: 145.263
Broke out of bullflag and retested, formed a bullish pennant .