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Pennant

Bitcoin Near Resistance — A Bearish Pattern Is Taking ShapeAs I expected in yesterday’s idea , Bitcoin ( BINANCE:BTCUSDT ) continued its downward move with the help of the Adam & Adam double top pattern and reached its target(Target Done). Currently, Bitcoin is moving near the Cumulative Short Liquidation Leverage($78,540-$77,780), and the resistance zone($77,480-$76,740). I expect Bitcoin to drop to at least the Cumulative Long Liquidation Leverage($75,710-$74,950) with the help of the Bearish Bat Harmonic Pattern after the lower line of the ascend
BINANCE:BTCUSDTShort
by pejman_zwin
49
EURCAD Bullish Setup | AB=CD Pattern & Higher Low Formation#EURCAD is currently trading in a healthy correction phase after forming clear Higher Highs (HHs), maintaining an overall bullish market structure. On the 1D timeframe, price action indicates a high-probability AB=CD harmonic pattern. The C leg of the pattern has already formed, and the price is now positioned within a strong demand zone, suggesting a potential Higher Low (HL). Key Factors Supporting the Setup: Bullish market structure (HH → HL continuation) AB=CD pattern development Price r
Long
by Elite_Technical_Analysis_Hub
NRT GapsNRT Weekly Chart Following up on earlier post, Target 1 is hit... Typically bat patterns hit 38% and 61% targets which are shown on the chart, so far we have only hit 50% and formed a pin bar The 61% target 2 aligns with a daily gap which makes it a natural target as chart traders do not like gaps... and tend to fill them over time On the daily chart there are gaps both above and below the current price, give the weekly pin bar its entirely possible to see a medium term dip into the gap zones
NYSE:NRT
by dionvuletich
1
EUR/JPY Bulls Circle as BOJ Decision Loomsith the price coiling within a structure resembling a bull pennant, and with signs momentum may be starting to turn, traders should be alert to the risk of a bullish breakout and retest of the April highs in EUR/JPY. After a strong rebound from the swing low set in late March, the pair has spent much of the past fortnight consolidating in a compression pattern characterised by a series of higher lows and lower highs on the H4 chart. After grinding higher late last week, the price now finds itse
by FOREX.com