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FLAG

SIKA - Flag pattern Breakout🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
BSE:SIKALong
by PrakWorld_Traders
Triangles, Flags, Pennants.Chart patterns, are becoming one of my favorites points of view in the market. Using this tools i become more aware of where i am in the market, the trend and where i can place correct entry's Lets consider the difficulty of this structures. First i am not using individual lines in this chart, i am using tool bar channels. That means that the line above has to be the same as the line below, that been said. the patterns showed in this chart are just made for expert traders. Simple and clean. We can force some structures, but when we use tool bar patterns its very hard to find structures that make sense in the market. Thanks fo the support traders. And keep rocking in the free world.
Education
by tariytrading
$KE1! Wheat OVER $9 in March? Potential for $10?Hi Folks, Wheat has entered a bull run with a 50/200 ema golden cross as well as a 100/200 ema bullish cross for the first time since 2010! The prior run was from 2010 to 2016. Bearish from 2016 until late 2020 where we first see some bullish crossings. These stages tend to last anywhere between 4-6 years so we should see some continuation. As far as the technical movement goes, we can tell that wheat likes to flag into the 21-day ema and sometimes into the 50-day ema before continuing. Yesterday, price fell below the 21-day ema and today it reclaimed immediately; this is exactly what we wish to see in healthy upward movements. Needless to say, at this point you can tell I am bullish on wheat (and commodities in general) for the foreseeable future. What say you?
CBOT:KE1!Long
by markcoomes7
Shibu is Looking Primed to Rocket!!! Reasons to be Bullish on Shibu :- 1) Making a Bull Flag :- 2) Inverse Head & Shoulder in Progress :- 3) Retesting Support Zone (SL & Target Price Levels Mentioned) :- Why this trade could fail :- If BTC dumped below, 45k then this trade will fail which i hope not. Therefore, i have mentioned where i am placing my own SL. Rest, I hope you guys will like this educational idea. Also, This is not meant to be a financial advice. Happy New Year everyone and Stay safe and Trade Safely.
Long
by StunnerStock
4
$TSLA Bearish Spinning Top candle falling back on the 50 EMA$TSLA Bearish Spinning Top candle falling back on the 50 EMA after being rejected by resistance Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products through its subsidiaries to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Austin, Texas.
NASDAQ:TSLALong
by BADQOMOCAWGOWLD
1
QQQ Short Idea off of 400s this week QQQ has been trading along these levels listed on the chart. After the face rip short week of Christmas to the end of the 2021 Calendar year, I think that there may be some profit taking on the Q's. Some traders dislike MACD, but as we can see from the histogram the trend is starting to weaken. There is not much support underneath the current levels of QQQ. 392/388 may be tested if we drop. The bullish case - a drop to 395 and then a strong move back up to all time highs. Volume needs to step in hard and acceptance of trend above 400. I think that traders are wary of COVID-19 and continued inflation concerns. I am leaning bearish around 65% or so. I would not go anything closer than 4 weeks out on either bull/bear side for options. If you compare the recent leg up and the following consolidation on QQQ to SPY I think you'll see that equities are poised for a reversal if bulls do not continue this impulsive leg up. If bulls do step in, and step in with conviction, we can easily see new ATHs pushed.
NASDAQ:QQQ
by bagholdyeet
1
BNB/USDT bullish channelBNB/USDT is in a bullish channel that could continue once the retest season is over, as we can see in the chart the important resistance between 611~659 will be overrun once the bullish altcoin season is back again, with a bigger mass adoption of cryptocurrencies next year, we will be having an important bullish movement with this coin in particular as it is been a coin that maintained it's price during the late retest, therefore on the short run we are in a buying zone where we are looking for a more aggressive bullish price development.
Long
by jibo16
Omicron Could Drive EURJPY To 125.000!Ascending channel on weekly TF broke, bullish flag and pole formation is currently developing at the moment. In a long run, this pair has been in an uptrend, however since the channel and psychological barrier of 130.000 broke, the price is likely to aim the next support that lies at 125.400! TECHNICAL ANALYSIS Bullish pole and flag formation currently in play on W charts. The 130.000 psychological barrier broke with M candle closing below it. This signals the price is ready to head lower towards 125.000 support area. This SHORT move signals further consolidation in EURJPY (FLAG CONTINUATION) FUNDAMENTAL ANALYSIS *Omicron the main driver for this pair at the moment *Anticipated rise in the cases globally after the festive season would make JPY safehaven demand rebound, thus sending EURJPY lower HOW TO TRADE? Trade could be executed at this moment with the following suggested details as the risk to reward ratio is favorable at the current price ENTRY: 130.000 & ABOVE STOP LOSS: AT SWING HIGH 133.750 TAKE PROFIT: NEAR SUPPORT 125.4000 RR: > 1:1 Cheers & Happy holidays
Short
by FX618Analysis
2
SushiSwap (SUSHI) Buy ZoneSushiSwap (SUSHI) Buy Zone -------------------- BIAS Mid-Term : Bullish SUSHI formed bull flag in 1 day time frame and currently retesting below it and we might see a further drop toward the marked support level which is around $5.3 -------------------- $SUSHI/USDT SPOT SETUP Entry Price : 5.05 - 5.4 TP 1 : 5.63 TP 2 : 5.98 TP 3 : 6.8 TP 4 : 7.184 TP 5 : 8.07 TP 6 : 8.482 TP 7 : 9.174 Stop Loss : 4.321 *Stop Loss - SUSHI daily close below 4.321 *Maximum 5% of Portfolio. *Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
1