FLAG
Bullish Flag 🟢 Similar to BitcoinHello,
It's a manual update to the idea our bot shared previously, see RELATED IDEAS.
The technical formation changed from bullish wedge to bullish flag similar to the one in our Bitcoin idea (also in RELATED IDEAS).
So, we modified our Target Price and Stop Loss, but the position is the same (long).
Greetings,
OXY
✅NZD_CHF SWING LONG🚀
✅NZD_CHF broke out of the bullish flag pattern
That the pair formed on the 1D chart
And now we are seeing the retest of the broken resistance
That has now become the support
After the correction and a retest
I am expecting growth to continue as I am now bullish biased
LONG🚀
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XAUUSD 1H (upward till 1761)Gold will prepare to get the stable direction so before that we appreciate you,
We have two condition:
1- Blue zone i means upward
Entry: 1751
Target: 1761
Sl: 1747
2- Red zone it means downward
Entry: 1745
Target: 1732
Sl.: 1753
——-
Note: Now Available condition is upward to get first target 1761
USDCHF 4H (upward, after breaking the channel!)Usdchf, after strong trying usdchf can break the channel and can stable above it, so the direction is upward till targets,
But if the price can goes return back in the channel then the direction will be down to get 0.9070
——
Tendency: upward
Entry: 0.9205
Tp.: 0.9258 & 0.9300
Sl.: 0.9145
SCHW Trade RecapEarlier this week, I took a trade on SCHW on the 30 minute chart. Found it had been rallying on higher time frames (HTF) from a pullback.
I decided to scale down to a lower time frame chart to find an entry. Preferably a pull back.
Decided to enter on a bull flag.
The previous day had shown strong bullish buying pressure as indicated by the bullish candlesticks closing near their highs during the rally. The first flag that I entered on was a 2-legged pullback from the highs with a High 2 breakout. When the breakout bar closed on its high, indicating strength from the bulls, I took a long position.
My exit strategy was to trail my Risk Units. (For example, when risking $100 on a trade, $100 is 1 Risk Unit (1R). Therefore for every $100 move in profit, or every 1R move, you'd move your stop loss up 1R behind it.)
I bought more shares, equal to my first entry, on every bull flag that had occurred in the bullish trend. Therefore, I bought additional shares twice over the course of the trade. This increased my chances for earning bigger profits as long as it continued to go in my direction.
I bought my first additional shares after my stop loss had already been moved to 1R. Effectively eliminating my risk. Since I bought the new shares around 2R, my 1R stop loss was now breakeven. Due to share price averaging. So I was at no risk of losing any money.
As the trade continued to move in my favor, I continued to move my stop loss up, locking in profits.
I bought my last shares near 3R after the final flag in the move. Again, for the same amount of shares I had bought in my original entry. My size was now 3x bigger than my original entry.
After the trade had reached 4R, I moved my stop loss up to 3R and got stopped out there after the stock had came back down. Even though I got stopped out at 3R, I walked away with a 4R profit, due to buying additional shares on the way up and my risk never being greater than my original positions stop size due to my trailing stops.
NZD-CHF Breakout! Swing Buy!Hello,Traders!
NZD-CHF was trading in a downtrend
In a rising channel, that is also a bullish flag
And we are seeing a bullish breakout
Which makes me bullish biased
And I think that after a retest of the broken level
We will see a move up
Towards the next resistance
Buy!
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SCHW Price Action AnalysisAfter a great rally on SCHW today, we are moving into the close with a bull flag that is nearing the bullish trendline and the 20 Exponential Moving Average (EMA).
Still holding my position from the open today with a trailing stop. Expecting another leg up from this flag if we see a good breakout tomorrow.
Hoping to see a nice 4R trade from this swing.
AUD-NZD Bearish Bias! Sell!
Hello,Traders!
AUD-NZD is trading in a downtrend
And the pair has retested the broken falling support line
Which has become a resistance
Also, you might see that the pair has formed a bear flag pattern
So the totality of factors points towards the likelihood of bearish continuation
With the target being the horizontal daily level below
Sell!
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Short (HFT) 💥 Bearish FlagShort (HFT) 💥 Bearish Flag
It's a High-Frequency Trading (HFT) idea, which means a short-term view (15-minute).
For our medium-term idea, see: "Short 🩸 Blood Bat Drinks Bull Blood".
KEY POINTS:
- There's a Bearish Flag pattern (red trendlines) on the chart
- The upper trendline of the "channel" blocks upside movement
- The Bulls are under pressure to keep up with the channel, or breakdown (dump) comes
We short.
I was wrong but now what ?Btc has suprised me ive made many great prediction but this one i failed to be able to correcly predict . I'm still confused on why it happened in the first place but i think i'm confident enought to say what's next.
Btc has done what's called a double bullish flag it's extremely common and most of the time bullish flag are in pair. But after that we can expect 2 thing .
First it can crash right now like many other or it will go high to the last resistance and then crash to me i'm still extremly bearish
23k is still the goal !