GBPUSDPennant formation seen in 15 mins Timeframe from the previous swing low. The formation could force a false breakout to the upside and cause a stophunt into that retest box
Pennant
GBPUSD 30min Forecast Well, the price is forming a pennant! You can expect a small rise and then sharp decline to reach the bottom of the trading range !!
2 goals have been specified for saving profit. I hope it is useful
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Good luck ;)
SANDUSDWatching the daily chart on SANDUSD I can see that it broke out of a bullish pennant and the 1.618 level of fib.
Currently the price is retracing from the big green break out candle. It's possible that price comes back below the 1.618 fib or lower to retest the previous resistance.
2.618 of fib or $1.035 is the next major resistance level to look at. If that breaks it can reach the flagpole target of $1.24.
If it crashes. We can see price go back to $0.63-$0.53 levels.
Waiting to see if this bullish pennant plays out.
MANAUSDTMANA about to copy SAND and have a huge rally.
It is out of its Pennant now and the measured move from the Pennant is 1.14.
RSI Looking Super strong
FLUX Bullish againWait for the confirmation if it closes above 1.014 it will reach the next levels
DYOR
not financial advice
SOL/USDTSOL/USDT is in a Pennant and looks good for a Long here after yesterdays Stop hunt.
31.88 looks like a good TP as this was previous support and is the measured move of the Pennant.
FLUX Bullish Pennant 50% Move Incoming!FLUX Bullish Pennant should see it make a 50% move on breakout!
NFA & DYOR - Thanks! 🤑
CUMMINSIND Intraday Trading SetupCUMMISIND Intraday Trading setup. Buy above 1460.
TARGETS - 1490-1500.
Yemi_Fx1 | Short for EURCADThe nature of the market is it's making impulsive, correction structures.
The current phase on 1HTF is a correction phase, under probability I'm expecting price to move out impulsively.
I will be considering a Risk entry type within the pattern at an area of value.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
bro i have found channel breakout on voltas be ready for bullish breakout happen to be ready for comment me stock analysis
Bearish pennant On GoldAs we know gold is changing its trend, i found a perfect entry on gold wait for the perfect entry with proper risk and money management
DPW // pennant formationWhile there is pennant formation on the chart, pay attention to the wedge resistance on the monthly time frame.
BAYN // Pennant formationWhile there is pennant formation on the chart, pay attention to the wedge resistance on the monthly time frame.
TEP // pennant formationAlthough there is a pennant formation on the chart, the targets are determined according to Fibonacci.
