ATOM has broken neckline of Adam and Eve and sitting in bullish Pennant for possible upside to about $13. Possible re-entry ideas on pullback. As usual #Bitcoin rules the direction but develop an eye to see the next moves. We are not predicting but preparing. If you liked this idea or if you have your own opinion about it, write in the comments. The information...
nice 3:1 trade after retest breakout of bullflag (about 4.965). TP1 5.30, TP2 9, SL 4.80
Here I found something between the bullish flag and a bullish pennant, I'm not sure, but I think the price will go up, so, wait for the entry price, in other cases do not risk. Trade safely!
Wow, VIX "feels" low al;ready, but a further meld down could drive equities up. Seems Insane, but yeah......
Scaled entry for short position, targeting sell stop loss support zones and fair value gaps for take profits
If USDRUB breaks out triangle resistance line on four-hour time frame, next target supposedly should be 79? I am neutral though on this pattern, just publishing FYI
Let's celebrate with me this massive upcoming pump on ETH! The chart is now extremely bullish, and in this analysis, I will tell you why! As you can see, the price is printing an ascending triangle on the daily chart. Ascending triangles are very powerful, especially at the bottom of the downtrend! From the Elliott wave perspective, this triangle is a nest...
At higher timeframe, gold already re-test new support after breakout from pennant pattern. With fibo line, I think gold price will rise to green area.
The last impulsive was to the up side which gives sign of a short time bull run view but the overall trend is bearish. Looking at the current market structure on 15 mins timeframe, we can see the pennant formation and expect a breakout in either direction. This is a neutral analysis.
Solana looks extremely strong at this moment, and it looks like we will have an explosive pump! But it has already begun. From a technical perspective, we need to retest the previous blue trendline, which is at 29.8 USDT. It's also the point of control for the previous price action. This is the first profit target, and I recommend selling SOL here. The second...
Reached descending triangle pattern. There we have two ways to go.
ES/SPY/SPX is currently in a consolidation pattern. The S&P tends to make a big move out of these consolidation patterns once they are given time to play-out. NOTE that these consolidation patterns CAN breakout in any direction AND/OR fake-out in either direction but, observing the weekly price action, Im banking on this pattern being bearish along with the fact...
Purple line 50sma... If we close above this, the next resistance will be trendline at 24 Starting to get overbought on the 1 hour chart and 2 hour chart... Which means unless this is a black swan event we may cool off at 24 until FED minutes... Personally I don't like being short equities, especially swinging when the vix becomes overbought on 1...
Weak Bear Pennant. Flagpole is kinda weak, and the retracement is pretty far- but we could set the pole up to be much longer because SOL has been on a downtrend for some time.
Easy short IMO Bear Pennant retested and failed. DXY finished spring on Wyckoff 4 hour. Accumulation over for DXY.
Huge double forming inside this pennant .. I also notice some large Put orders coming in on the spy between 340-350 Exp late Jan..
Don't be surprised if you wake up in the morning to see a massive red dildo on the gold chart breaking down the wedge. In my opinion, it's very likely. GOLD is absolutely ready for a massive downtrend; it's going to happen very soon, so I hope you are prepared for it! We can clearly see a rising wedge on the 4h / daily charts, which is also an ending diagonal...
The technical figure Pennant can be found in the daily chart in the US company Baxter International Inc. (BAX). Baxter International Inc. is an American multinational healthcare company. The company primarily focuses on products to treat kidney disease, and other chronic and acute medical conditions. The company had 2017 sales of $10.6 billion, across two...