Pennant

AUD/USD: RBA faces a high hawkish bar as bear pennant tightens There’s been a major hawkish recalibration across Australia’s OIS curve since the RBA last met, with the cash rate now expected to top out above 5%. That implies at least two full hikes beyond the one widely expected today, with a greater-than-even chance of a third being delivered. Put simply, the RBA has a pretty high hawkish bar to clear. Markets are around 96% priced for a 25bp hike today, while the prospect of another move at the Bank’s next meeting in November is roughly a coin flip. The

80 Pip Trade | External Pivot Support AUDUSD is trading off external pivots and will be looking to land around 🎯0.694 area following the current trendline support. Sellers still got lots of pressure for now and we'll see what buyers have to show for the first week of October. Bulls can flip the script and run back up ~260 pips. For now sell-short probability is in favor till then.

AAPL : Ascending Channel Breakout & Bullish Flag Continuation Technical Analysis & Chart Overview Market Structure: Apple (AAPL) is trading inside a long-term ascending parallel channel on the 4-hour timeframe. The price recently swept lower liquidity near $314.78, forming a clear Hammer reversal candlestick on the daily timeframe at the channel's lower trendline support. Current Pattern: Price has broken out above the local horizon support/resistance zone ($338.60–$341.93) and is currently consolidating in a tight Bullish Flag / Ascending Triangle con

by thetradeguru_fx

Proof that during a strong bullish market, it's flag after flag In my last idea I talked about how flags don't always form in their textbook shape (descending) - I mentioned they usually go up, down or flat. Today I wanted to show that not only flags form in 3 different directions, but they also form in a variety of shapes. In the chart you can see the numbered shapes: 1 - Symmetrical triangle 2 - Ascending channel 3 - Pennant 4 - Rising wedge / ascending triangle 5 - Ascending channel 6 - Pennant The smaller you go in time frame, the more flags and tria

by AdverseTrader

OSCR: 50 SMA Cup & Handle/Pennant at Resistance 💡 Swing setup idea 50 SMA Strategy 🔎 Analysis summary: The stock is reaching resistance after crossing the 50-day moving average. We can also see a closing small cup & handle / little pennant pattern forming. This alignment of trend, pattern and level makes the breakout area key to watch. The upside potential is projected by the height of the pattern from the breakout point. 👀 Levels to watch: Entry trigger: Break above $33.55 Target: $41.25 Stop: Under the support / base of the pattern

Gold The Bull Flag Awaits Resolution Quiet sessions test a trader's patience far more than volatile ones ever will. Following yesterday’s structural shift where the Inverse Head & Shoulders pattern triggered our buy idea, Gold expanded nicely into a local high. Since the start of today's Asian and European sessions, however, price action has slowed to a crawl. This sideways movement is not a sign of weakness; it is a textbook digestion phase forming a Bull Flag pattern on the H1 timeframe. As we approach the end of the trading w

by pullbacksignal

Ethereum Is Building A New Pattern. Confirmation Still Required.We already took ETH exposure on the previous expansion. Now the market is forming a new structure — and structure without confirmation is only a scenario. Technical Structure (4H) After the strong impulse leg, Ethereum has been consolidating inside an ascending triangle. Higher lows are forming cleanly against a flat resistance ceiling. This is a constructive compression pattern, but it is not confirmed until price breaks and closes above the triangle resistance with conviction. Until that

by pullbacksignal

L1 Group (L1G) Mpnthly chart ASX Share looking to move Monthly chart of L1 group Chart has broken out of long term wedge Has been consolidating for months now and looking bullish to me 10 days ago earnings has surged 49% so there is a fundamental catalyst to revalue Full disclosure I've held this stock for a while now but may scale in

by dionvuletich

Tron Target Prices for late this year early next I've update my chart from a year ago and two years ago respectively. This chart shows solid confluence but also solid targets for 2026/2027. Tron is sitting right above its previous ATH from genesis (super bullish). Posting above the recent ATH will trigger discovery and if timed right will lead to FOMO and euphoria. You'll see a conservative TP but also a euphoric TP. NFA

by LockedAndLoaded

Ethereum Bullish Pattern Forming I have the Ethereum 4hr Chart showing a potential Bullish breakout out of an Ascending Triangle. CRYPTOCAP:ETH must break out of Triangle for first Target of $1980 area then HOLD for continued upside into 2nd Target area of $2110 Probability (80%) 🚀 1st Target = $1980 (+ - a few points) 2nd Target = $2110 (+ - a few points)

SPX: Bullish pennant, but CPI can decide the breakout 📊 SPX: Bullish pennant, but CPI can decide the breakout SPX is compressing inside a bullish pennant after a strong rally from the 7,320-7,400 area. Price is holding above 7,697, but buyers still need a clean breakout above 7,760-7,796 to confirm continuation. The index is trading near record highs, but the market is cautious ahead of the U.S. CPI release on August 12, 2026. Recent upside was supported by strong earnings, AI optimism, and weaker jobs data that reduced fear of an immediate Fed

by ProfessorSingapore

USOIL: Bullish pennant meets a mixed EIA Report 📊 USOIL: Bullish pennant meets a mixed EIA Report WTI is still holding inside a bullish pennant after the strong move toward $83.50. Price is consolidating near $82.20-$82.30, and the market is waiting for a clean breakout or breakdown. The latest EIA report was not simple. U.S. crude inventories jumped by 17.4M barrels to 424.4M barrels, while analysts expected a small draw. On the surface, that is bearish because commercial supply increased sharply. But the reason matters: the build was driv

by ProfessorSingapore

USDCAD: Is the breakdown real or just a stop hunt?📊 USDCAD: Is the breakdown real or just a stop hunt? 🔥 What happened? USDCAD broke below the short-term consolidation support near 1.3928-1.3930 and is now trading around 1.3920. The pair remains under the descending trendline and below EMA9, EMA20, SMA50 and SMA200 on the 30-minute chart. This keeps the short-term structure bearish unless buyers quickly reclaim the broken zone. 🧠 Macro background The Canadian dollar is getting some support from oil volatility. WTI remains sensitive to Mid

by ProfessorSingapore

Gold-A Bullish Correction With One Level That Changes Everything OANDA:XAUUSD Gold is currently forming a clear corrective structure on the 1H timeframe after a strong bullish impulse. The important point is that the current move still looks corrective rather than impulsively bearish. Price is consolidating inside a well-defined structure, while the broader short-term bias remains bullish. However, the market does not owe us the bullish scenario . At the beginning of the week, Gold could still move lower and respect the corrective pattern before making i

by pullbacksignal

GHNI LONG - Bullish Pennant & Bearish ABCD Point D Projections These can be the potential Targets in terms of Bullish Pennant & Bearish ABCD Point D Projections.... But do remember that it is going to take some time as well....

FTSE 100 bull pennant puts record retest in play It is natural for an index to pause after hitting record highs. It does not automatically have to jackknife higher. Over the course of this week, several old-economy indices like the DAX and ASX have pushed into record territory, with some going on with the move. Given what we are seeing in yield curves, metals and elsewhere, it feels as though markets are preempting a reflationary period ahead, which would generally be expected to help an index such as the FTSE 100. Right now, the price appear

force motors Traingle breakout happening. auto stocks auto numbers are growing more than anticipated, sales bursting, force motors one of them. triangle formation

by Gethalal_Jada

pole and flag breakout in Tata Capital TATA CAPITAL pole and flag breakout done , target 450 positional

by TechnicalAnalystSucrit

Brent crude about ready to burst?With Middle East flare-ups still front and centre and geopolitical risk premium being priced into oil, the technical picture on Brent crude right now shows a potential breakout brewing. As shown in the chart, between US$87.55 and US$83.32, we have seen price build out a pennant pattern, with the unit not far from the formation’s apex and looking about ready to burst. Price is now on the verge of breaking out higher, perhaps clearing the path for a run towards a resistance zone between US$90.87

EURUSD Eyes H4 FVG Reversal EURUSD is approaching a high-confluence H4 Fair Value Gap where multiple lower-timeframe imbalances align. If price completes the expected sell-side liquidity sweep during the upcoming news window, this could become a textbook ICT reversal setup. Patience pays. Let price come to you. Market Structure • H4 Fair Value Gap is the primary draw. • H1 & M15 imbalances sit inside the HTF zone, creating strong confluence. • Expect liquidity to be engineered before expansion. • News volatility could p

by YCGH_Capital

EURJPY: POSSIBLE BULLISH PENNANT BREAKOUT…EURJPY has been in a bullish pennant pattern overtime, and a possible breakout seems possible. The resistance has held price till a breakout happened at around the185.600 level. And a definitive diagonal bullish pattern on the 1M TF. Price is currently consolidating at an order block, and a few break and retests have occured. Keeping an eye to see whether a confirmation for bullish trend will occur before the Asian session. POI: 185.733

Will we see bullish continuation with the NASDAQ after 7/4/2026?I have noticed that the NASDAQ has found resistance and support. It appears to be forming a bullish pennant continuation candle pattern. I would like to wait for a solid breakout to the upside with a retest of an area of support for a buy into the continuation.

by randolphcvashaad

S&P 500 is in a pennant. Those usually resolve higher. Post rally consolidation has taken hold and formed a pennant. But the market is now entering one of its strong months on average (July) and pennants normally resolve higher in the direction of the preceding move, which is up. There is plenty of room to run when looking at stochastics on the daily chart. The MACD histogram (also on daily) is flipping towards positive and a crossover that follows price breaking out would help confirm.

by GatorResearch

Callaway Reset (Falling Wedge)Hello Friends, Masters Week means golf talk. NEWS Calloway merged with Top Golf in 2021, but sold a majority stake of the money pit to a Private Equity firm earlier this year. The move should reduce overhead for Calloway as the cost of a full bar & restaurant driving range appears unsustainable. TECHNICAL Volume is trending slightly lower as NYSE:CALY approaches its first real earnings report after divesting from Top Golf, suggesting a hesitant sentimentality. However, we are

by reasonableFlam46485