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 .
TSLA has momentum to move to 180 area. (This needs to happen before FOMC meeting) I thought Tesla was finished here, but momentum is strong and puts are piling in, I think we may see a continued rally to 169,if we close above 167.55 on daily or weekly, Tesla could hit 180 by Tuesday, before selling off Technical Bullish Patterns: 15min- Bullish pennant...
Given we are seeing a Bearish Pennant on the breakout of an Ending diagonal I believe we will be seeing some bearish movement towards the1900 area in the near future. OANDA:XAUUSD
Broke out of bullflag and retested, formed a bullish pennant
Broke out of bullflag and retested, formed a bullish pennant.
NSE:SBIN Awaiting confirmation of pennant chart pattern on SBI's chart
Pennant chart pattern is our friend here, a breakout to the upside on H4. Price closes above, confirms buy bias. Wait for minor draw down to buy cheaper or take a buy position now on spot.
ELM is moving in consolidation phase for quite some time. Price is in upward trend on higher time frame. Watch for channel breakout Trade with proper stop loss
Ethereum is currently breaking out of the bearish descending channel after 418 days! The profits are already massive, but the good news is that we are just starting the new bull market, not ending it! A new all-time high on ETH is closer than everyone is expecting, so I hope your bags are full of crypto. The bull market is always the most profitable session,...
I believe the crash in June 2022 was premature, much like the new ATH in Nov 2021. I think Eth has it's targets set for that $2500 area to complete the gigantic pennant and then to pick a direction up/down from there. Good luck!
Well, this is a bull pennant if I've ever seen one. However, how reliable are patterns like this when it comes to microcap tokens like SHR? Pretty much not reliable at all. In fact most of the time, patterns like this are likely painted on purpose by whales in order to create some FOMO to dump on. Still interesting to watch how this will develop from here. Looks...
Look to ride up Head and shoulders Or bullish pennant Long opportunity
The new bull market on Bitcoin started with a strong impulsive structure, which is definitely a positive sign. We have an unfilled CME GAP at 20,000 - 20,450, and there is a very high chance that the market will fill the GAP; I would say 90%. We can fill this gap next week, next month, or next year, believe it or not. It happened during the COVID flash crash. ...
Matic is one of the few top assets that has not returned to pre FTX levels ...and this Bull penn Target is just that pre FTX levels SL @ 4hr ATR .88c
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this SKL/USDT trade setup. SKL looks good here. Breaks out from the bullish pennant in 1hr time frame. Long now and add more in dip. Target:- 30-40% SL:- $0.0345 If you like this idea then do support it with like and follow. Thank You!
Bullish Indications • As per DOW’s theory Price action is registering Higher Highs and Higher Lows. • Candle Stick pattern show Inverted Hammer is followed by Bullish Engulfing candle which indicates Bulls are in control. • Support zone is at 1.23386 which can help price bounce up to continue bullish trend. • Linear Regression Channel with standard...