the market created an inverse head and shoulders on 4h timeframe and had a breakout from its neckline. Now the market is creating a pennant on the daily resistance around 1.5$ . How to approach? IF the price is going to have a breakout from the pennant and from the daily resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. ...
The price is creating a Pennant on the 0.382 Fibonacci level after a breakout from the daily resistance. The price is testing the 4h resistance too. How to approach? IF the price is going to have a breakout from the 4h resistances and daily dynamic resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure...
I detected there's Bullish Pennant Possibility appears on XAUUSD Pair. This pattern gives the possibility that XAUUSD will continuing bullish period. I predict the price will hit target the resistance area 1845.713 - 1850.852 Note : The market will always change, I'm just sharing my view on the possibility the market will go away. If you have a different...
Price Action & Chart Pattern Trading: Hold / Accumulate - Pullback Entry > Possible breakout pennant triangle in sideway after forming bullish gartley as correction after minor Elliott Wave 5 > RSI & MACD bullish crossing signal line above base. Always respect your stoploss Good Luck
Jswenergy formed a bullish pennant & is trading beautifully inside it & it looks its in the verge of breaking out of pennant because of good volumes in it. Could be bought at mentioned price with stop loss & targets.
ENJBTC is testing the daily resistance inside a pennant. IF the price is going to have a breakout, 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 -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure...
$NUE has a super awesome setup going into the new year. We've got a textbook bull pennant forming atop a volume shelf, meaning there likely isn't much downside left in this name. Even after the guidance cuts, $NUE is still set to report an amazing quarter, meaning we've got both strong fundamentals and technicals supporting this name. Long $NUE.
This chart pattern may looks like a Bearish Pennant, for the extension of a down trend of EURUSD. This could be the last deep before the true reversal of the price.
Hi traders. An Upward Pennant occurs in a downtrend as a triangle inclined upward, wich Is a BEARISH pattern. On this price action, the price retested the major resistance above 49300. The short position Is still validated. Thanks for yours attention! ☕
There ais a bullish pennant chart pattern on the LPTUSDT chart.
MDTUSDT - 4h Bullish Pennant Chart Pattern If you want to scan candlestick patterns, harmonic patterns , chart patterns, divergences, indicators automatically visit the our website cryptopy.net
The pair has been consolidating for quite a while now, forming bullish pennant in doing so. I am long on UJ. Will update as time goes on, stay tuned! Good Luck. God Bless!
#SOLUSD - Green DOA arrow is still holding strong Its squeezing tight in a bullish continuation pennant and holding above the HL and DOA confluence If we hold above this DOA confluence we'll see it touch $181 soon
Hi every one AXS /USDT AXS has formed a Bullish Pennant! The Price can Increase as much as the Pennant Pole! The Break out has not happened yet so we must wait for confirmation! if it happens, Price can reach 210$ and Create a New ATH soon! Summery: -AXS is in a Bullish Pennant. -Can Increase as much as the Pole -210$ is a Target. 💎Traders, if you liked this...
Coti looks like its forming a bullish pennant pattern, honestly not really the cleanest pattern formation but something worth keeping an eye on. Its got great support at .49 and heavy resistance at.53
A large pennant has been forming on the daily ETH chart since May 2021. Based on the height at the large end of the pennant (~61%), I expect ETH to at least go to 6750USD by 1 Jan 2022, with the big pump beginning around Thanksgiving. Happy holidays to us!
PMETAL looks like to form a pennant pattern. As a confirmation, we have to wait whether the price could break the Resistance of RM5.845 or not.
From my perspective, it doesn't look as good for Bitcoin as you hear from the perma-bulls. The 40k support is still holding and I myself also expected a strong reaction, but hardly anything came. What do you think? Trend continuation or liberation blow from the bulls?