Entry Price 82.420 Profit Level 79.201 Stop Level 82.881 6.98R
USDNOK Entry Price 8.68647 Measured Move Distance In Chart Below
watching for the higher low. NAS in a 2 hour right shoulder supported by the 50 SMA - 8 EMA RES
USDHKD Target Price 7.76242 For Pennant Pattern
A pennant pattern often indicates a strong rally in price 📈. It begins with a strong uptrend which is identified as the flagpole. Afterwards it pulls back into a sort of sideways trend in which the resistance and/or support are not parallel to each other and form a triangle. When the candlesticks reach the tip of the triangle, a strong uptrend ensues 💪. You can...
BTCUSDT is creating an important triangle between the weekly structures. The structure is like a bearish pennant, but IF the price will have a breakout from weekly resistance, we can see a retest on 44k, otherwise, if the price will lose the weekly support, we can see a retest on the next weekly support, around 20k. The best way is to wait for the next move. ...
A bearish pennant and a death cross? Maybe we get another chance to buy very very cheap. Not sure if I did it right so feedback is welcome. Thanks
We see a Bearish Pennant here and also we see a pattern in the Stochastic RSI that is the same pattern seen before the last big drop. I say we see another big drop here to test the last bottom we had and more than likely see that push through to lower bottoms.
AUDCAD Pin Bar, Pennant, EMA 10 EMA 20, Trend