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In a downtrend, a flag pattern may indicate that the currency pair will continue to decline. Pennants Similar to flag patterns, pennants indicate a brief pause in a trend after a sharp move before ...
Bullish flag on a GBP/JPY 4-hour chart, Source: TradingView. In this example, you can observe several factors. The first is that despite pulling back to the support level at 142 and below, the ...
11h
Asianet Newsable on MSNBSE Shares Slide Below Key Averages: SEBI RA Sudhansu Panda Warns Of Breakdown Risk Near ₹2,370While technical indicators suggest the continuation of a downtrend, the analyst sees accumulation opportunities in the ₹2,050 - ₹2,200 zone ...
The USD/JPY exchange rate rebounded to its highest level since April 3, following a rise in the US Dollar Index (DXY) ...
The pattern target of the breakdown was $5.10 and the LUNA/USDT pair bottomed out at $3.91. Take care to not mix up bull flags and descending channels BTC/USDT daily chart.
Bitcoin's recent trading action has formed a pattern called a "bear flag." That looks like a pause in the past months' market downtrend, and it usually leads to a fresh move lower.
The FTSE 100 Index is hovering near its all-time high as investors wait for the upcoming earnings season. It was trading at ...
On Sept. 6, Bitcoin (BTC) price crumbled below $20,000 and the asset looks ready to undergo further decline in September due to a strong U.S. dollar and an ominous technical analysis pattern. From ...
The Bear Flag: A Simple, Yet Powerful Pattern. In the technical analysis realm, a bear flag is a bearish continuation pattern that forms when there is a downtrend in price, followed by a brief ...
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