LBPHRSI above 80
6 months flag at the ATH, following the gap +200% on x10 volume.
Broken out of the flag, sky is above.
Up+50% after the first close above WMA10 before the last breakout
Flag
AUDCHF Flag PatternAfter a slight correction at the 1.618 Fibonacci level, it seems that the price will continue its upward movement.
If the H4 candle closes above 0.60095, it confirms the formation of a swing low, with the prediction that the price will continue rising towards the nearest resistance.
Buy Stop : 0.60134
SL: 0.60014 (12 pips)
TP: 0.60374 (+2)
ETH: POTENTIAL BULL FLAG FORMATION!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
ETH is trading above the $3300 level which is quite a strong support. As you see in the chart, it is forming a bull flag-like structure in an 8-hour time frame and is currently, trading inside it. Once it breaks out from the bull flag we might see a good 30-40% rally to the upside.
Also, there is positive news that the SEC could approve spot Ethereum ETFs by July 4 so this definitely gives a good boost to ETH and Alts.
Entry range:- $3280-$3380
Targets:- $3900/$4200/$4600
Invalidation:- Close below $3250
What are your thoughts on ETH's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Dusk Network - 200% waiting to be collectedOn the above 4-day chart price action has corrected 70% since the year began. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Regular bullish divergence. All but one oscillator continues to print positive divergence with price action.
3) Look left. Price action confirms support on past resistance.
4) Bull flag breakout. Flagpole measures 200% from breakout.
5) GRM support confirmed.
Is it possible price action corrects further? Sure.
Is it probable? No and no.
Ww
Type: trade
Risk: <=6%
Timeframe for long: Now
Return: 200%
Looks like continuation of breakout momentumChart is self explanatory, Already stock is in breakout region in weekly time frame.
Continuation of momentum can be confirmed from daily time frame.
Entry; Only above 1424
ETH 20 weeks MA supported#ETH weekly closed with hammer alike candle at 20 weeks MA.
no game if weekly closed below 20 weeks MA @ 3400-3300.
likely to re-test $3980.
DYODD
BTC agains SP500 looks positiveTo be honest, Bitcoin seems very negative both in the graphs against the dollar and against gold, but nevertheless against the SP500 it seems very positive as long as it does not break the two supports (black line and red line) and manages to overcome the orange resistance .
XAUUSD - Sell Stop Analysis
Bearish Flag
We will enter when it breaks the 4hr support 2315.315
Trade Plan
Entry: 2314.493
SL: 2335.781
TP1: 2271.784
TP2: 2271.784
Dollar Index (DXY): Bullish Trend Continuation Pattern
I see a nice bullish pattern on an hourly time frame on Dollar Index.
After the price set a new higher high, the market started a correctional
movement within the expanding channel.
Such a channel is called a bullish flag pattern.
Bullish breakout of the resistance of the flag is a strong bullish
trend-following signal that indicates the strength of the buyers.
With a high probability, the market will keep growing.
Next resistance - 106.25
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NVDA bull flag forming ?Mac D is about to cross on 4H uptrend holding, holding 124 level potential breakout to upside
if you missed the rally up...Now is time to go down. Bearish flag after a double top. Continuation pattern to the its way down. I'd buy puts instead of shorting, it could spike up hard and and use a lot leverage if you short it. Give it time, like 4 or 5 weeks.
Oil Moves Higher as Geopolitical Tensions Trump Weak DemandI think there is upside potential. The price of Brent crude is expected to be $92 per barrel in the third quarter and perhaps challenge $108 again in the future.
USDCAD - Sell StopUSDCAD - Sell Stop
We see bearish flag and it will tend to go down if it breaks previous low.
$TSLA Breaking Out of Bull Flag ConsolidationTesla is has been showing bullish consolidation since April 29 2024, breaking out today, with a close above the yellow line is extremely bullish. Our bull flag target is the purple line. There is minor resistance at the grey line, which can easily be surpassed.
CADJPY - Sell StopCADJPY is near to it's all time high and chances are a strong bearish trend.
The divergence shows the momentum of bulls is declining. We still do see bullish candles but if the please starts breaking previous lows, it will continue to push down.
The order may cancel if the price continue bullish move.
APOLLOHOSP, Bull FlagPotential breakout after retest from the flag,
Target at 6838, Stoploss at 5664
Disclaimer : I am a aspiring swing trader, i have only started to learn to catch the pattern. So, please take this only as a idea
GOLD (XAUUSD): Classic Trend-Following Setup For Selling Gold The price of Gold dropped below the support line of a bearish flag pattern, indicating a potential sell-off
As the support of the flag pattern, which was acting as a resistance line, was breached too. I anticipate a bearish trend continuation towards 1310/2300.
Bitcoin long set-up and RSI Hey tradersss!
So Bitcoin is still moving in our long and big bullish flag. And finally we reached out the support line of this edge, plus RSI on the 1D timeframe breakout also.
So using the Fib retracement we can try to long till 0.5 level till price around 64000-65000. But be careful, because the price can also go for correction once again.
IMPORTANT! Always follow RM strategy and risk 2-5% of your deposit.
June 25: GS bull flag confirms strong growth?Current situation in the firm
Goldman delivered a standout Q1 2024, with earnings per share (EPS) hitting $11.58, substantially above the consensus estimate by 35.6%. The firm's revenues for the quarter reached $14.21 billion, marking a 16.3% increase year-over-year.
The company reached a record $2.8 trillion in assets under management (AUM) and a long-term net inflow of $24 billion.
The segment performance for Q1 2024 (the below numbers are a summary from their recent earnings call):
Global Banking & Markets:
Revenues: $9.7 billion
ROE: 18% on a fully allocated basis.
Advisory Revenues: $1 billion, driven by higher completed transactions. Goldman Sachs maintained its number one position in both announced and completed M&A league tables.
Equity Underwriting Revenues: $370 million, and Debt Underwriting Revenues: $699 million, both showing significant year-over-year increases due to higher industry volumes.
FICC Net Revenues: $4.3 billion, with strong performance in mortgages, credit, and currencies. Record FICC financing revenues of $852 million, primarily from better results in repo.
Equities Net Revenues: $3.3 billion, with equities intermediation revenues of $2 billion (up 14% year-over-year) and equities financing revenues of $1.3 billion.
Asset & Wealth Management:
Revenues: $3.8 billion, up 18% year-over-year.
Management and Other Fees: $2.5 billion, a 7% year-over-year increase.
Incentive Fees: $88 million, expected to reach $1 billion annually in the medium term, supported by $3.8 billion in unrecognized incentive fees.
Private Banking and Lending Revenues: $682 million, significantly higher due to the prior year's impact of the partial sale of the Marcus loan portfolio.
Equity and Debt Investments Revenues: $567 million, with improved performance in private portfolios.
Platform Solutions:
Revenues: $698 million.
Pre-tax Net Loss: $117 million, with expectations to reach pre-tax breakeven next year.
Key Financial Metrics
Market Cap: $145.2 billion
Dividend Yield: 2.4%
P/E Ratio (TTM): 17.6
P/E Ratio (Forward 1 Year): 12.5
Earnings Per Share (EPS) Growth (2023): 59.2%
Stock Price: $450.18 (June 2024)
Target Price: $518 (6-12 months projection)
Technical setup
A bull flag pattern is forming with a bullish breakout, indicating the continuation of the trend upward.
Since the local low, formed around the previous earnings the price saw a steep price trend to the upside, before taking a breather and forming the flag.
The Price-to-sales ratio currently sits well below the average which is another bullish signal since the ratio tends to navigate towards its average.
The Month-over-month returns have bottomed around the lower threshold and are ready for a bounce back.
The Wallstreet ratings are predominantly strong buy, giving it a max target price of $525 or +13% up from the current price.
Institutional ownership is rising according to the latest May fillings which is another positive catalyst for the price as it is generally good to follow the smart money.
Overall, my short-term expectations are bullish, driven by the price forming of a bull flag, strong fundamentals and business outlook, and bullish catalysts driven by Wall Street consensus and the smart money flows.
BTC - Monthly key support level - watch for direction BTC monthly could use this as base or look to reacquire at the lower basing grind line with limit order
Gala (GALA)On the above 4-day chart price action has recently corrected 50% since a sell signal in late January (ask below if you wish to see). A number of reasons now exist to be long..
1) You know why.
2) Price action finds support on the golden ratio.
3) There is a positive divergence between RSI and price action.
4) The bull flag channel, naturally a bullish pattern on confirmation of a breakout to the upper side of the channel.
5) A breakout confirmation will result in a 300% gain from current levels.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 6%
Timeframe to open: Now
Return: 300%
Jio Finance Flag Pattern BreakoutJio Finance Flag Pattern Breakout. Weekly close above 361, we should see next target of 480.
