Get started

FLAG

How to look for Shorts in my Trading System (GOOG Double Top)Hello guys, welcome to my first Trade Idea published here on Trading View! Right of the bat I apologize for if my english was hard to comprehend at any time, feel free to leave questions down in the comments if there's something you haven't understood. As to the idea, it is based on my very simple trading system, in which I do as follows: Look for congruences between the EMAs, my RSI Zones indicator and my personal technical analysis of the chart, to find important supports and resistances . Look for Price Action patterns near the support or resistance, such as Double Tops or Bottoms, Pullbacks after the breakout of a pattern, or Inside and Outside Bars. Try to find congruent fibonacci measurements that point to the same price target. (In the video I give examples of how to draw targets from pivots and flags, in that order) Then I just look for a previous high for my stoploss, and enter the trade! It might take a while to get used to, but I find this system very reliable and simple. As it doesn't generate a huge amount of trades, it also helps me keep my risk managent and trading psychology under control. Hope you liked it, and if you did make sure to like, comment, and check out my RSI Supply / Demand Zones indicator!
NASDAQ:GOOGShort
by GioLucaas
1
EURGBP bullish scenario:EUR/GBP was rallying on Wednesday on the diverging policy expectations from the Bank of England and the European Central Bank that meets on Thursday. This will be a key and popular meeting among central bank watchers as the Governing Council has the unenviable task of being the first team from the major central banks to provide an assessment of the impact on the Ukrainian crisis on growth, inflation and monetary policy. In this pair, technical analysis shows a technical figure Flag. The Flag broke through the resistance line on 10/03/2022. EUR/GBP is forming a bullish formation on a daily chart. If the price holds above this level, we will have a possible bullish price movement with a forecast for the next 9 days with a target of 0.84780. According to the experts, your stop loss should be around 0.8203 if you enter this position. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Long
by legacyFXofficial
1
SAND LONG FINISHING PATTERNSand bounced off of a support 3 times, and is at the end of a flag pattern, after break out we should see retracement to the 50% fib zone. Aroon: On a daily time frame we see orange line crossed a blue one which shows start of a bullish trend. MACD: We are already seeing light red candles which indicates bullish movement gain. Bollinger band: We just bounced off of a bottom Bollinger band which indicates bullish trends start. Entry: 2.97 Invalidation: 1.95 Target: 5.38
FTX:SANDUSDLong
by vf_investment
1
RS - Bull FlagBroke up into ATH (All-time-high) on 28 Feb on strong volume. Have been forming a bull flag since. Buy the next break up of this bull flag as the momentum remains strong. p/s I may also attempt to buy if it retest the resistence turned support level around 179-179 with a tight stop loss slightly below the support. Theoretical "cup" target is around $221. Let's see if it is able to reach there. Protect with trailing stops or scale out along the way. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
NYSE:RSLong
by Juliac
VIRT - Bull FlagWith RSI is strong @ 67 and rising, I am looking to buy the breakup of this bull flag between 34.85 to 35, with initial stop loss just below the low of the last 2 candles. Let's see if it works out. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
NASDAQ:VIRTLong
by Juliac