The NZDUSD has been trading between a pennant formation since December 2018.
The pair have now touched the bottom area of the pennant due to a negative Interest rate statement from the RBNZ.
This provides opportunity to BUY back up towards 0.6920.
NASDAQ:STNE This is my first time doing chart patterns, but I think I am on to something here. We all know that STNE is a good long stock, but due to the recent bottom, it has been even more of a buy. If we look at the chart provided below, we can see that it almost fits the Pennant chart pattern. Im thinking once earnings comes, its gonna skyrocket all the way...
As We know pennant pattern was break in H1, Potential correction until Fibo 61.8
EURJPY Short Selling
SL. 127.049
TP. 126.291
DisclaimerOn ;)
but enjoy the pips, Pros want to make money!
#MillenialTraders
NFLX staged an excellent Christmas rally, but the steam got let out of the tires on their earnings call due to their cash burn. It seemed that everyone's favorite winner suddenly needed some reality to check in on its cash earnings. Fast forward nearly a month later, and fears of a recession are subsiding with the Nasdaq rising up over the 20 and 50 day averages...
Looking for a breakout of the pennant to the upside and will long the position to its next major level of resistance. The Daily trend suggests that it if a breakout is to happen it will go long. Any advice and guidance will be appreciated as it's my first publish.
A pennant triangle has formed indicating that price action will break out either above market price or below.
Seeing as gold is currently trading at market highs, the stall in price action suggests it is losing bullish momentum and could therefore break downwards towards precious Support.
Or as due to the longer term bullish trend line it could continue higher...
BITFINEX:EOSUSD forming a nice wedge on the H3 which might also fly as a bullish pennant. I'm not convinced its bullish but its nicely defined 3 RRR in both sides, so kinda to good to ignore.
Within the overall market situation, where everything is forming triangles, we might see some big moves again...
BTT starting to break out of its pennant pattern last night as per my previous/related post from 12 sats to 16 sats as of this posting; watch for it break resistance level of 16 sats and 17 sats setting ATH 18+ sats would be nice this weekend.
Finally looks like BTT is breaking out of its pennant pattern after 1 day 6 hours and 30 minutes trading sideways. Hopefully BTT will hold over the weekend and reach ATH.
A huge pennant has been forming for the last 15 days and right now it's at the apex, a break out could be coming soon. As we all know PHX is one of those coins prone to huge pumps.
Entry: 0.00000237
TP 1: 0.00000259
TP 2: 0.00000273
TP 3: 0.00000289
TP 4: 0.00000305
TP 4: 0.00000325
SL: 0.00000222
CryptoCue is not providing investment advice and is not taking...
This is the quarterly charts of the #EURJPY and #USDJPY, we are seeing a triangle pattern occurring where we will see a breakout in the coming months. Watch closely...#usd #jpy #eur #fx
After the recent ascending triangle break (visible on the daily) that caused a daily trend reversal, the CAD/CHF is getting closer to a potentially massive movement. When the pennant will be broken is hard to speculate, but know that within a year, many good trade opportunities will start appearing!
Natural gas is giving us an interesting trade signal, comes from an upward movement and is configured a bullish pennant, which is a continuation of trend signal!
Indications:
Trade to the breaking of the pennant
GOAL
5.701
6.340
My updated view on XAUUSD until US GDP this friday.
My personal entry point is on the stop hunt that I've indicated on the chart, I will be looking at indicators and volume to confirm my long during the time frame of the grey stop hunt box I've placed.
If this chart helped at all, leave a like.
I would love any feedback/advice about my chart to correct any of...
I am still very bullish on gold since USD was really strong last week and gold was barely affected. DXY also seems to be doing a double top soon on the H1-H4 time frame which could fuel a stronger bullish momentum for gold this week.
My personal entry point is on the stop hunt that I've shown on the chart.
If this chart helped at all, leave a like.
I would love...
Bitfinex: Another bullish signal that BTCUSD will be going up very soon. On the daily chart we are about to have an upwards cross of the MA7 and MA20 moving averages. As you can see in the circled areas, each time this cross has been followed with a significant price rise. BTC should retest MA200 at around $7200. The bear market is not over until there is a daily...
I personally think that the price will be range-bound for GBP/JPY along this bullish pennant until Brexit negotiations are over in this month of October and I expect BOJ to still have dovish stance for interest rates.
I am looking for another drop onto the lower trendline for a long entry into the potential breakout.
I would love any feedback/advice about my...
![EOSUSD: [ EOS Intra ] penant too nice to ignore](https://s3.tradingview.com/a/aK2nKDKU_mid.png "[ EOS Intra ] penant too nice to ignore")
