Havells has pennant on 1hr TF and on all time high... Targets on Chart
PENNANT PATTERN. TARGET SHOWS $21K, IT FAILS IF PENNANT BREAKS DOWN NO INVESTMENT ADVICE The Content is for informational purposes only, you should not construe any such information as investment, financial, or other advice.
Caught this one at the bottom of a huge falling wedge. Entry almost couldn't of been better. Price consolidated into huge bull pennant, and has broken out on high volume, cruising through the old resistance at the consolidation high. Next target is to break through the previous flagpole high. The sky may be the limit on this one.
Hello my friends, Today was such a good day, my trade managed to hit TP for 4.4R and i banked 8.8% profit. I started to get my edge back and i am going to post more positions for everyone to trade. My first setup for today is GBPJPY. To me, the recent sideways movement looks like a pennant / flag pattern and today i finally see price retest those broken...
KAVABTC is creating a bearish pennant after the price bounced on the 0.5 Fibonacci level. IF the price will have a breakout from weekly support and flip into weekly resistance According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...
Here we have a great example of a PENNANT PATTERN. It's an impulse - correction - continuation pattern. Wait for the breakout for the continuation and then enter the market. IT CAN TAKE PLENTY OF FORMS ! ! !
Here is a setup i have worked on for a long position. It is well detailed for better understanding. So these are possible scenarios that might happen. If bitcoin remains bullish the next few days, the scenario with the green line as drawn on the chart will most likely happen (from my P.O.V). I have a long position on this crypto and i might keep holding unless...
LINKBTC is creating an inverse head and shoulder after the price bounced on weekly support. Now the price is forming a bullish pennant and it's testing 0.618 Fibonacci retracements. IF the price will have a breakout upward According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
BTCUSDT is creating a bullish pennant below the weekly structure. IF the price will have a breakout upwards and retest the pennant, According to Plancton's strategy, we can set a nice order Daily Weekly Monthly ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
• Reached the target price from the pennant formation which was built up beginning august • Short-term and long-term upward trend is still intact • It is up to you stay long or to take the profit
Beautiful pennant trying to be broken to get some profits I love it :D This is not a financial advise. My opinion only.
Tesla is once again in a giant bull pen that could carry it to 2000 and beyond. if this pennant fails, we could be retesting the lower FIB level around 1780
BTCUSDT is creating a nice pennant on weekly resistance The price could have a retracement before weekly breakout, BUT if the price lose the triangle, could see a deeply retracement. In my opinion the best choice is to wait. According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please...
Hello Viewers. The market has tested a short due to US binance exchange conditions. Fewer coins of Group like LINK adn VET have shown a great bull market scenario. Due to which the scenario for majors like ETH BCH LTC XMR are likely to be seen in the coming bull market phase. One such indication for Bitcoin Cash can be noted as formation of possibly both pennant...
NIO has been seen by critics and investors alike as a knock-off of Tesla. It's a Chinese company with access to huge market, and a lot of Chinese dollars have been betting on the success of this fundamentally flawed company. I love the bullish pennant forming on the daily/weekly charts. There's a few big red flags that scream market manipulation (check out the...
#DIS, another mayor US company on its way to recover the field lost on COVID19 crisis. What it is amazing about this chart, is that it is creating a perfect theoretical bearish pennant. On the other side, PE ratio is indicating 40.30. #DISNEY is fundamentally overprice and validates a possible break down of the tendency. MACD and RSI without a clear direction....