Flag
USD Waving The Flag in AU?!Here I have AUD/USD on the 1 Hr Chart!
Tonight, we have seen Price make a drastic turn to the Upside back into this Descending Channel it was traveling in last week!
With this False Break of the Falling Support, could we see the appearance of a BULL FLAG?!?!
Now with a Bull Flag, we expect valid tests of both the Falling Resistance and Falling Support!!
So far, we've had 2 tests and a False Break of the Support but we are missing a 3rd test of the Falling Resistance!
With Price using this Local Support level, I believe we could see that 3rd test of the Resistance!!
Now with NZD Low Inflation Expectation Results tonight, we're seeing some strength being put into AUD!!
Fundamentally for the rest of the week:
AUD-
Wage Price Index (Tue) Employment Change, Unemployment Rate (Wed)
USD-
PPI, Powell Speaks (Tue) CPI, Retail Sales, Empire State Manufacturing Index (Wed) Unemployment Claims (Thur)
BTCUSDT LongBased on the analysis of the 4-hour Bitcoin (BTC) chart, here are the key points:
Current Price Action :
BTC is retracing to the 0.5 Fibonacci level.
This retracement suggests potential for a bounce at this level.
Chart Patterns:
A bullish flag formation is present, indicating a continuation pattern.
The current trend remains bullish.
Technical Indicators:
No harmonic patterns or reversal patterns have been identified.
There are no bearish divergences observed.
Conclusion:
The bullish trend is expected to continue.
If the price breaks above the previous higher high (HH), it is a signal to buy.
The target for this bullish run is projected to be around $79,000.
This analysis suggests a strong continuation of the bullish trend with potential buying opportunities upon breaking the previous highs.
USDJPY: Intraday Bullish Confirmation ?! 🇺🇸🇯🇵
USDJPY broke and closed above a key daily structure resistance.
Analysing an hourly time frame, I spotted a strong bullish confirmation
- breakout of a resistance line of a bullish flag pattern.
We see a positive bullish reaction to that after the release
of the yesterday's fundamentals.
I will expect growth to 157.5
❤️Please, support my work with like, thank you!❤️
Hedera (HBAR)On the above weekly chart price action has corrected over 90% since the sell signal (not shown). Today is great long opportunity. Why?
1) RSI and price action resistance breakout with support confirmation.
2) Multiple oscillators print bullish divergence.
3) Trend reversal. Higher highs higher lows replace lower highs lower lows.
4) The macro bull-flag confirmation prints the 50 cent target.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: 8x
Bull flag on BTCBTC is forming a bull flag on the daily chart after this nice 12% pump. The projection here is 78k, with multiple ETF discussions, election year, the halving, and NVDA earnings being strong the market is generally macro bullish here. The downside move here is around 66k even but the trend remains up. The weekly stochastic RSI also just started to point upwards as well. A cool off for a few days makes sense here. I expect a break by late Monday.
HINDZINC Achieved All The Targets 🚀🚀🚀 Study Shared on 02/05/2024 ..
Hindustan Zinc in Zinc-Lead and Silver business is world’s 2nd largest integrated Zinc producer and now the 3rd largest Silver producer. The company has a market share of ~75% of the growing Zinc market in India with its headquarters at Zinc City, Udaipur along with Zinc-Lead mines and smelting complexes spread across the state of Rajasthan.
The last bullish chance of Ethereum in Mid term!Hi.
BINANCE:ETHUSDT
Today, I want to analyze ETH for you in a 1D time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen!
✅ Due to the Ascending structure of the chart...
🟢 ETH has been Bullish Recently!
🟢REEGULAR BULLISH Divergence
🟢ETH is in a Bullish Flag
🟢(AB=CD)
🟢Price is gonna Reach $4100
✨Targets are:
🎯$3390
🎯$0.3500
🎯$0.62
🎯$0.3750
🎯$0.4100
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ETHUSD bullish movement is about to happen!!!Hi.
BINANCE:ETHUSDT
Today, I want to analyze ETH for you in a 12H time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ETH is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen!
✅ Due to the Ascending structure of the chart...
🟢 ETH has been Bullish Recently!
🟢REEGULAR BULLISH Divergence
🟢ETH is in a Bullish Flag
🟢(AB=CD)
🟢Price is gonna Reach $4100
✨Targets are:
🎯$3390
🎯$3500
🎯$3750
🎯$4100
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC BREAK OUT DONE! READY FOR $100K!!Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis.
Welcome to this BTC update!
BTC looks good here. BTC recently broke out of a bull flag pattern on the daily timeframe and has held above it so far. This could be a sign of continued bullish momentum. After this successful retest, expecting another leg up.
Target:- $130k
Invalidation: A daily close below SWB:69K will invalidate this bull flag.
What do you think about this setup? Share your views in the comment section.
CORE Trade Plan and AnalysisTo my surprise, GATEIO:COREUSDT got an active development on their codes. A couple of updates will be made in the next couple of weeks.
This bullish flag looks sexy enough for the bulls to jump in.
It found good support and it looks like it is getting set for another rally.
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Cheers!