Bullish Flag — Chart Patterns — TradingView (2024)

Hey everyone!If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! Understanding the Inverse Correlation As you correctly noted, Bitcoin (BTC) and the US Dollar Index (DXY) often exhibit an inverse relationship. When DXY weakens, BTC tends to appreciate, and vice versa. Analyzing Recent Trends DXY Breakdown: DXY is currently...

GRPN Daily Bullflag setup with upwards price targets of 15.50, 15.75, and 17.00SL on breakdown of the bullflag

Hello,Traders!EUR-USD is trading inAn uptrend and the pairIs forming a bullish flagPattern so If we seeA bullish breakout Then a further move upIs to be expected Buy!Like, comment and subscribe to help us grow!Check out other forecasts below too!

There is bullish trend also the continuation pattern of Bullish flag. There is Bearish Divergence but the Characteristic of this chart it does not respect the first divergence so I am Bullish bias in this trade. For the safe side took entry (Buy Stop) at the breakout of the pole and SL on the last HL.

Hey everyone!If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!POPCAT looks good here. It breaks out from the bull flag-like structure in a 4-hour time frame and a retest is also done. Buy some now and add more in the green box.Entry range:- $0.51-$0.55Target:- 80-100%SL:- $0.47What are your thoughts on POPCAT's...

After a sudden drop from ATHs and a big rebound, a daily bullflag formed into month end setting September up for a very big run.Upside PTs are: 20150, 20300, 20450, and 22000 if a break above the previous ATH to finish out the bullflagSL would be invalidation of the flag

As the other 2 major indices (NQ/YM) ES ended the month very strong right at the breakout point of its flag.Upside price target is the previous ATH at 5721.25 and 6000 on a break of that high

Buy range 193Target 210,230,240,280,300,325Holding Period Short Term

I am monitoring Nas100 for a buying opportunity around 19,472 ob level, once i will receive any bullish confirmation the trade will be executedDisclaimer Alert: these are just charts to watch, keep in consideration the news, the best entry, the risk management and price action confirmation. Trade is reactive not predictive.

It appears as though Bitcoin is trading in a descending channel, with a potential breakout happen in the near term.BTC has tested the downward sloping resistance of a descending channel pattern multiple times, each time BTC is creating a lower high & a lower low, which is inherently bearish.The williams alligator is also displaying a bullish cross & the bands...

Hey everyone!Appreciate a like and follow if this analysis helps!Bitcoin is currently trading sideways around the $58k level. The daily chart shows a potential bull flag formation, suggesting a period of consolidation before a significant move. I anticipate this sideways action to continue for another 3-4 weeks.While we wait, accumulating promising projects...

The flag pattern is a powerful trend continuation pattern. It represents a brief consolidation after a strong price movement.In this example of NSE:BALKRISIND , The stock rallied by 44%/~1000 in 8 weekly bars - 56 days Currently, the price has broken out of the channel and is in the same direction as the initial trend of the chart. It corrected 9% /~302...

liquidity rests below the total anchored vwap, thats is also the range 8th and mega bullflag bottomwe could easily see matic under 40c before the next big leg up to ATH

In my last BTC analysis I talked about the post-ETF sell-off that BTC saw, and which would likely trigger after the Ethereum ETF.We're now a few days after the fact and crypto is selling off hard, especially the alts.In my opinion, it's likely that BTC will keep on going down. We might see a short-term reversal in the near future due to being extremely...

All eyes must now be watching BITSTAMP:BTCUSD 's flag support shown in the primary chart above. Since BTC's all-time high at $73,794, BTC has had a steady, yet volatile, pattern of consolidation that has fit within a downward sloping flag channel, often called a bull flag. Yet a bull flag isn't a bull flag anymore if the lower channel breaks down decisively. So...

Hey everyone!Appreciate a like and follow if you find this analysis helpful!Let's dive into the ETH 2-day timeframe chart. We're currently observing a bullish flag pattern forming. The price is nearing the lower support line of this flag, a level that has held strong for the past six months. Historically, ETH has bounced positively from this zone.It's worth...

Bitcoin is back on our trusty multi-year support from 2019. I expect a bounce off of this either tomorrow or Thursday. This will likely propel us upward to test the underside of our channel. Once we break that to the upside, our target will approach quickly.

Hey everyone!If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!STMX looks good here for a long. It is forming a bull flag-like structure. It breaks out from this bull flag and currently, retesting it. Long some here Targets:- $0.0094/$0.0108$0.0129SL:- $0.008Lev:- Use low leverage (2x-4x)