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Flagformation

BTC Swing AnalysisHi friends. Today im going to take a brief look at Bitcoin. According to New Cryptocurrency market Catalyst , I mean launching PayPal Stable coin , we can look at BTC chart Technically better. So lets take a look: 1.After reaching price to the Middle line of drawn channel , it failed to break it. so went approach lower channel line that overlapped with a strong support level(28000-28800 level) 2.When we reach this level , an Engulfing candle appears in 4H timeframe. 3.We have a strong fundamental Catalyst about PayPal stable coin(Remember that past Bullrun to 67000$ level starts with accepting Bitcoin by PayPal) 4.If we pass this area , the first target is 31800 and after that we have a strong resistance at 36500 level. 5.Classically , price is shaping a flag pattern that its target is the middle line of growing channel in around 33000 level. Hope you enjoy my view in Bitcoin. Share me your opinion in comments. What do you think?
Long
by TraderAmin-KZ
6
NIFTY IN SUPER BULLISH MODE READY TO BULLISH INDIA NIFTY SPOT TARGETS UPDATED TARGETS BASED ON MONTHLY CHART - BULLISH FLAG WITH CUP AND HANDLE PATTERN. FOR EDUCATIONAL PURPOSE Tgt 1 : 20243± (SHORT TERM) Tgt 1 (A) : 21132± (SHORT TERM) Tgt 2 : 22465± (LONG TERM - Maximum by Dec 2024) Tgt 2 (A) : 25598± (LONG TERM - Maximum by 2026) Tgt 1 & Tgt 2(A) tracking From 31/08/2022 when Nifty spot was trading at 17759. Tgt 1(A) & Tgt 2 tracking From 01/06/2023 when nifty was trading at 18579. Note : The above is my personal view based on chart pattern and shared it for educational purpose only. In between ups and downs are quite common. Market will test us by some dips. No Gain without Pain. Tgts get invalid when Nifty spot closes below 15000 If any Changes in the chart pattern I will share it during that time. Used Support, Resistance, Chart Pattern and My Eyes as an Indicator. Chances of hitting the tgt based on Chart Pattern 70 - 80% Rest MARKET IS SUPREME. Let's see how Market Behaves. STAY INVESTED & ENJOY THE RALLY
NSE:NIFTYLong
by senthilkumar1976
2
EURCAD I Potential bearish flag breakout Welcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
11
GBPUSD I Possibly a break of the channel line +100 pipsWelcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
39
EURAUD I Correction completed from recent impulse - LONG Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
46
BHEL WEEKLY BREAKOUT & AT RETEST LEVEL The price breaks the trendline which is acting as strong resistance for the price and also restested the trendline breakout level and now start moves for the upside levels. Price also formed flag and pole pattern in daily timeframe and also given breakout. #BHEL 👉Trendline Breakout & Retest in Weekly TF 👉Stock in Uptrend & Bullish Pattern 👉Flag & Pole BO on Daily TF 👉Looking good for short Term Swing 👉PSE Stocks in focus 👉Add To Your Watchlist✅
NSE:BHELLong
by Jha_Nidhi
45% Vs 57%Yes, we are in the middle of something, let me explain. we have a well formed rising wedge that is a bearish pattern, inside of an giant bull flag in theory we should se that pattern ending but that pattern is inside of 3 symmetrical triangles, one confirmes another 2 close to be confirmed, the symmetrical triangle is a reversal confirmation, so we should see a continuation for the uptrend. Green arrow point to the symmetrical triangles Blue arrow point to the giant bull flag Orange point to the wising wedge If for some reason the rising wedge was the winner the next week, could take us 45% down from here. But if the symmetrical is the right pattern and we are watching a trend change, we should see to complete the bull flag with more than 50%. I think that because the giant bull flag is too old, the symmetrical triangles are dominant and we should se the up trend continuation.
AMEX:SPXLLong
by AllAboutMoney