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...
The bullish setup on EUR/USD is gaining momentum as price consolidates within a massive bullish pennant formation over the past three weeks. With the breakout now confirmed, a strong upward impulse is expected to continue the prevailing trend.
This presents an optimal entry opportunity to go long on the pair. Traders can set their sights on multiple take profit...
We can see that the pair has turned bullish after a short correction. We have also identified certain patterns which further
support our bullish basis. These have been listed below:
1: The pair is in a strong uptrend as the price is making new highs
2: Trendline breakout
3: Pennant pattern breakout
We will wait for the price to correct on the lower time frames...
Ripple CRYPTOCAP:XRP has been in the news again in regards to their ongoing court case with the SEC. Rumors of a positive verdict are circulating, which typically creates bullish sentiment for price action- but Ripple has been in this situation several times over this long litigation. So what does the chart say?
The white trend lines show a pennant formation on...
VETUSDT is currently forming a pennant pattern on the chart, which is a continuation pattern that typically occurs after a strong price move. The formation of a pennant pattern suggests that there is a potential for a continuation of the previous uptrend.
However, for the uptrend to continue, the price of VETUSDT needs to hold the support level at the 0.022$...
ENJUSDT is showing signs of potential weakness. The market has created a pennant formation after a clear bearish move, indicating a temporary pause in the trend before a potential continuation in the direction of the prior move.
Currently, the market is in a consolidation phase after a clear bounce on the daily support. If the price creates a bullish impulse and...
The hourly for BTC looks bullish with this bullish pennant or wedge, or whatever you would like to call it.
The weekly overall is about to close above 25k. Bitcoin does NOT look bearish, it looks BULLISH.
I made a whole stream going over recent news, including my opinion of the 1 MILLION DOLLARS debt on bitcoin : www.tradingview.com
$STX is in news after publication by LunarCrush. On Daily and Weekly it's showing a heavily bullish sign, this is 4h timeframe and it did a breakout from pennant which is ascending means forming HL but also LH.
I have kept two targets, first target is a resistance on Daily and second target is a Weekly resistance.
You can either enter if price comes back for a...
IOTAUSDThad a false breakout from its daily resistance level and is currently consolidating below it.
The market is creating a pennant, which is a common technical chart pattern that can indicate a potential continuation or reversal of the current trend.
Traders who follow technical analysis may be watching for a breakout from the pennant pattern to signal the...
GRTUSDT is creating a pennant below the 4-hour resistance level, following a previous bull run.
A pennant is a technical chart pattern that is formed when the price moves within converging trendlines, forming a symmetrical triangle shape. The pattern is characterized by a sharp price move in either direction, followed by a consolidation phase where the price...
As per the previous idea, ETHUSDT had a nice impulse, indicating a potential uptrend in the market. Currently, the price is creating a pennant on a weekly key level, which is a significant level for traders to watch out for.
A pennant is a technical chart pattern that is formed when there is a sharp price movement, followed by a consolidation phase and then a...
Recently, it has seen an influx of liquidity from the 0.8122 demand area, which has led to a breakout above resistance levels. This has created a bullish pennant pattern below the weekly resistance level, indicating a potential for further upward price movement in the near future.
The liquidity at the 0.8122 area has provided support for the price and helped to...
AUDCHF has formed a pennant breakout structure.
This is a good trade opportunity to take.
Trade with care.
I will update at here if the trade opportunity is given.
Do follow and boost if you found this idea helps.
AUDJPY has formed a pennant breakout pattern along with a bearish bat pattern.
This is a good trade opportunity to take.
Trade with care.
I will update at here if the trade opportunity is given.
Do follow and boost if you found this idea helps.
The price had a clear breakout from the descending channel and retest it as new support on 0.36$ area on 0.618 Fibonacci level.
XRP got the liquidity from the false breakout from the 0.33$ area, where the market created the local demand zone
At the moment the price is going to create a pennant just below the daily resistance and key level
How to approach it?
the...
penny stocks to buy now
Hisar Spinning Mills
CMP 31-32.
Monthly trendline breakout and successsful retest also done.
Can do 40-50-60-100+
multigabber stock
breakout
SL 27
Saptarish Trading
Views are for education only.
$XAG - Now we wait for the NFP!
Today we got NFP - exp 200k anywhere above is good number expect then silver to decline 22 handle. However if it's a miss expect silver to climb above towards 23/24 handle
A break to either direction!
Trade safe!
Trade Journal
In the chart above I have provided an analysis for the pennant formation seen in the four hour time frame for QQQ along with channel confirmation.
1. 270 is crucial point for QQQ to hold in order to avoid being pulled into a demand zone on the fibonacci.
2. Spike on the 13th of December confirmed rally top.
3. BREAK OF 270 BEYOND AT THIS POINT WOULD CONFIRM A...
