after retrace for weeks. finally see a weekly bullish Price Action. with flag formation BO price projection, next resistance at $5000.
Looks like Dollar Index completed the correctional movement and ready to go down again. I see a bearish flag pattern with a confirmed violation of its support on 4H. The market may reach 104.2 soon. ❤️Please, support my work with like, thank you!❤️
Hello traderz! Happy to see you at the new trading week. Didn't post previous week, cause the BTC still moving in the same bullish flag. What is my thoughts and when we going to break it? End of the week we entering new month and, according to previous movements, we can see some growth middle of June and after again the correction till September cause summer...
On the above daily chart price action has corrected 80%. A few reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action trend reversal. Higher highs replace lower highs. 3) Support and resistance. Look left. Price action prints support on past resistance. 4) The bull flag flagpole forecasts a move to 2.50 Is it...
EUR/USD analysis: technical levels and factors to watch The EUR/USD rebounded on Friday after experiencing losses the previous day. The euro has been falling within a pattern that could either be a short-term bearish channel or a potential bullish flag. The upcoming week may clarify this, as key inflation data from both the US and Eurozone are anticipated, as...
On the above 3-day chart price action has corrected 80% since March of this year. (Remember 90% of traders lose money, this is now reflected in price action). A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action finds support on the Golden Ratio. How you should think of this, there’s more buyers now...
After successfully completing an inverse head & shoulders pattern, Bitcoin has seemingly found its way up again. Over the last week, trading has been characterized by many ups and downs, but the trend is still bullish. Bull-flags are classically bullish continuation patterns, so a bullish break out through the top resistance is to be expected at some...
DXY will bearish, has SHS pattern dan already retest. Lets See Happy Trading Disclaimer On
EURUSD is still looking very bullish and rejected from 0.5 fib recently. If this rally continues it could go up to 1.0950b range.
In this chart we represent 4 hours daily, where around Sep 2024 BTC goes 6-10 fold. Price ranges of 300K - 500K.
EURUSD will going bullish, have inverse SHS pattern too...againts USD
BNB continues with the formation of this tight flag. Expect explosive move.
USDSGD has SHS pattern Lets See Happy Trading Disclaimer On
$GALP.LS #GALP had buy signals within #bullflag correction. Corrected to 20d EMA as expected and, once 19.50 resistance was overcome, the sky was the limit. If it passes 20.00, 21.00 is likely!
Positive biased since end March. Good entries since 18/Apr after oversold RSI on lower timeframes, climbing from low of flag channel and breaking multi-month trendline. Took some profits 20/May on the daily #MACDcrossover, but had a great reaction to earnings and got to our 0.96 target on increased volume. Letting it ride some more, next target 1.03.
Here on SEED_DONKEYDAN_MARKET_CAP:JASMY , a classic Cup & Handle formation, target 0.0345 But at the same time, we have a Bull Flag with already tested support, with target on 0.046!
For exactly seven years XRP price action has been trading inside a defined range as shown by the green arrows. A long or short position from those areas would have been excellent. For the last two years price action has traded inside an uptrend channel. The channel support has now failed with confirmation. Red arrow. The failed support follows the double top in...