Here I have EUR/USD on the 4Hr Chart! Since the LOW on Apr' 16th, Price has been traveling in what looks to be an Ascending Channel! Price today was unable to make a NEW HIGH to give us another test of the Rising Resistance and instead gave us quite the drop out of the Ascending Channel! With this break, I believe multiple confirmations are pointing to this...
The GameFi sector, a fusion of gaming and decentralized finance (DeFi), has emerged as one of the most promising areas within the cryptocurrency landscape. This sector has gained significant traction in recent years, attracting both gamers and investors seeking exposure to innovative blockchain-based applications. What is GameFi? GameFi revolutionizes...
Logarithm. Time frame 1 day. Pivot zone. A triangle was formed under the descending trend. 🟢 Its breakthrough — reversal and price growth. 🔴 No breakout and downward breakout of the triangle — realization of expected targets of the descending pennant. Stop losses are now very short. On a larger scale on the linear looks like this. Pair to bitcoin. Very...
There is growing evidence for it. On the above 10-day log growth chart price action has been riding the ‘mean’ log growth line for a little over 1 year now. Throughout this whole time price action trades within an ascending channel, a bear flag. Within this bearish channel a smaller bear flag is printing. A measured move on the smaller bear-flag confirmation...
Tanmiah earlier broke ATH and took correction Price is moving in descending channel, however, price has reached a significant support level golden pocket (fib level) confluence breakout will be bullish flag formation Morning star formation at support level is positive for bullish trend after correction Entry at current price or after breakout of channel...
SPX, VTI forming a barish flag pattern in the 15m timeframe. The chart above is in 4h, to provide the fib view also. You can clearly see a bearish flag in the 15m TF, try it yourself. Target: 234-236 (-5.5%)
It is pretty much a sealed deal that the Federal Open Market Committee (FOMC) will hold the line tomorrow at 6:00 pm GMT, keeping its overnight benchmark rate unchanged at 5.25%-5.50% for a sixth consecutive meeting. While there is no update for economic projections at this meeting, you will recall from the last policy-setting meeting in March that the quarterly...
On the daily chart, TAP was on a good trend up heading into earnings which were favorable. It is consolidated since just after earnings in a " high tight bull flag pattern" Volume has been healthy with many buyers and seller trading shares in a tight range channel. The stochastic RSI is now at about 20% indicating TAP is in the oversold / undervalued area. The...
This chart shows EURGBP in Bearish Trend with Bearish Flag with EP, SL and TP 1 & 2.
Price has formed a bullish flag (orange). Recent price drop has been because of Black Rock's lack of purchases, Chinesse ETF boughts below expected, and some other negative news like CZ arrested, etc... If price closes below first gray support, would be a bearish escenario. If we close today above 61k would be a positive signal. Stay tunned
The DOLLAR INDEX has recently approached an important horizontal support level. Following a successful test, the price has broken and closed above a resistance line of a bullish flag pattern on the 4-hour time frame. This suggests potential for continued upward movement in the pair, with a target of 106.53.
The dollar index creates a bearish flag after the breakout of the 105.00 level. The market is ready to break the bearish flag because tomorrow is the federal interest rate and Powell's speech a big day. There is also a resistance level at 107.00. If the bearish flag breaks then the market moves toward resistance level.
Following a break of a significant support level on the daily chart, Gold tested a nearby support level. The price was consistently rising within a bearish flag pattern on the 4-hour chart. The test of previous horizontal structure prompted a strong bearish response, causing the price to breach the flag's support level. This indicates strong selling pressure...
Based on the technical analysis of the Bitcoin chart, we observe that the impulse beginning on January 23rd reached the minimum correction level of a 0.382 Fibonacci retracement on April 13th. This movement has initiated the formation of what appears to be a bullish flag pattern. The impulse range is approximately $35,000, and with the flag's bottom line currently...
OANDA:XAUUSD AT - 2335$ 🏃♂️Gold is moving near the 🟢Support zone($2,318-$2,312)🟢, 📈In terms of Classical Technical Analysis, the 🏳️Bearish Flag Pattern🏳️ is well visible. 🔔I expect Gold to fall towards the 🎯Targets🎯 $23000 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
✅DXY has formed a Bullish flag pattern While trading in an uptrend So IF we see a bullish Breakout then we will Be expecting a Strong bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GOLD is trading in a local Downtrend and the price Has formed a bearish Flag pattern and we are Already seeing a bearish Breakout so we are Bearish biased and we Will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
As the analysis on the chart. Bitcoin is currently on the bullish channel (namely the bullish flag, bull flag ). The pattern I found in the 4h timeframe is pretty obvious, and very clear . If it breaks the upper resistance (preferably with a confirmation), it most likely would be 85K in a few weeks . Although since 70% or more confidence in terms of...