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FLAG

COTIUSDT is creating a bear flagthe price created a double bottom on the daily timeframe on the 0.17 as you can see on the upper chart. on the 4 timeframe, the price is creating a bear flag after a false breakout from the flag and the rejection from 0.22 resistance. How to approach it? The price could have a new breakout in order to grab new liquidity from the demand zone at 0.155$ So uf the price is going to have a breakout, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
6
What I am looking to see for NASDAQ, Tuesday 5/10/2022We're again on a key zone and it's hard to tell what market is gonna exactly do. So I have two scenarios that I will share with you. I) I will BUY in this case : I will buy in case of a clear break above the zone with enough volume (*) and a clean retrace . SL : will be updated TP : next zone ( 12721 ) II) I will SELL in this case I will sell in case of a clear break below the zone with enough volume (*) and a clean retrace . SL : will be updated TP : round number of ( 12000 ) * : Only a strong bullish or bearish candle is accepted. CAUTION : Trading is a game of Patience. I don't trade in ranging days and only execute when market has already decided where to go. Please Like, Share and follow for more Ideas to come If you have any questions let me know in comments bellow Thanks for the support DISCLAIMER I am not a registered investment, legal or tax advisor or a broker/ dealer. All investment/ financial opinions expressed by me are from the personal research and my own experience and are intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.
OANDA:NAS100USD
by AndrewMohValiyan
BTC at critical support, but sings point downIn this weekly chart we can more easily see the rising Head and Shoulders pattern, followed by a long flag pattern lasting over two months. The H&S pattern is confirmed by the volume and with the breakout from the flag today (closing price at $35800 at time of writing, or more than 3% previous close), we next must watch the green dotted line support. If the probable break from that support happens, I'm expecting it to tumble to around $29000, presenting the next opportunity for reversal based on standard measurement of a head and shoulders pattern. Key learnings: - H&S pattern has higher volume on left shoulder than the head. - pattern breakout is when closing price is more than 3%. In this case, BTC price close is more than 5% lower than the support trend line of the flag pattern. - measurement principle for H&S is about half the height from neckline to the top of the head, so expect drop to $29000
BITSTAMP:BTCUSDShort
by yousafkhan1976
GBPJPY More Decline SHORT Welcome back! Here's an analysis of this pair! **GBPJPY - 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! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
6
BTC is going down -30-50% / bear flag Bear flag pattern A bear flag pattern is typically discernible on a candlestick chart. It is constructed from the flag pole, which indicates the rapid decline preceding the retracement, and the flag itself represents the actual retracement. As a trend continuation pattern, the bear flag chart is considered a trend continuation pattern. The price pattern will first trend downward until a new support level is established. It's heading down to $30000 then $20000 IF THE pattern succeeded . All the best..
BITSTAMP:BTCUSDShort
by K-alonzi
7