danmalikiTHEBBI

The Pennant chart pattern is a strong trend continuation pattern that resembles a triangle. It appears after a sharp price movement, known as the Flagpole. The Pennant looks like the Flag, but its body includes converging trend lines instead of paralleling ones.
When you detect it correctly, there's a high possibility of a breakout in the direction of the prevailing trend.
How Pennant works

A Pennant pattern appears during a strong market trend, showing that the trend will likely resume after a short pause. While some traders might think this pause could lead to a trend reversal, the key is the line opposite the Flagpole. The Pennant pattern is completed when the price breaks out of this line, continuing in the direction of the initial movement.
This breakout is where traders look to join the trend, expecting the price to keep moving in the same direction as before. It often triggers a lot of trading orders, driving the trend forward.
Identifying Pennant

Bullish Pennant
Begin by finding a strong bullish price move, which serves as the Flagpole.Look for a slight downward consolidation, forming a small symmetrical triangle resembling a Pennant on a Flagpole. The Pennant's body must always be smaller than the Flagpole.The pattern completes with a decisive breakout above the Pennant.
Bearish Pennant
Start by finding a sharp price decline, creating a Flagpole that points downwards.Look for a slight upward consolidation, forming a small symmetrical triangle resembling a Pennant on a Flagpole. The Pennant's body must always be smaller than the Flagpole.The pattern completes with a decisive breakout below the Pennant.
Trading examples
Bullish Pennant
Once the pattern is formed, look for a breakout towards a bullish trend.After the breakout, open a Buy order with a Stop Lossbelow the last minimum.Ensure your Stop Loss is less than 5% of your total deposit to calculate how much you should invest in this position.Place Take Profit on the local maximum. This level is your first target. The second target could be more profitable and is at a level equal to the Flagpole's length.
Bearish Pennant

Once the pattern is formed, look for a breakout towards a bearish trend.After the breakout, open a Sell order with a Stop Lossabove the last maximum.Ensure your Stop Loss is less than 5% of your total deposit to calculate how much you should invest in this position.Place Take Profit on the local minimum. This level is your first target. The second target could be more profitable and is at a level equal to the Flagpole's length.
Leveraged trading involves risk. This content is not investment advice. Trade responsibly.
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A price channel is a signal where prices move between two parallel lines on the trading chart. A price channel can be ascending or descending, depending on the direction of the trend. It is ascending within an upward trend and descending within a downward one.
This signal is similar to a trend line as it shows the price movement direction. The price channel also helps traders identify the range where the price moves up and down. When the price breaks out of this channel, it might significantly change the market direction.
How price channels work

The lines of ascending and descending channels represent the highest and lowest points the price repeatedly hits. Essentially, they are the same as support and resistance levels but with an incline.
The more times the price touches these lines, and the longer these lines extend, the more traders will notice and trust this price channel.
Price channels represent a period of relative calmness in the market, often forming after a phase of sharp price movements. It is easier to trade within them, given the increased clarity about the direction of future movements.
However, price channels usually end with a sharp breakout in the opposite direction of the previous trend.
Identifying price channels

To correctly identify a price channel, you must connect at least two points on each side of a trading chart, creating two parallel lines.
Start by finding two points on each side of a chart. These points are usually located where a price has reversed or changed direction.Draw two parallel lines connecting these points to form your price channel.
After you’ve managed to identify the price channel, there are three possible scenarios of the price behaviour.
If the price bounces off the channel's boundaries, it will likely move away from the edge towards the opposite boundary.If the price breaks through the channel in the same direction as the channel's trend, there's a chance it might return to the same price channel.A price breakout in the opposite direction indicates the end of this price channel and serves as a signal to enter a trade in the direction of the breakout.
Trading examples
Price channel rebound
Open a Sell order after the price rebounds from the upper border of an ascending or a descending channel.Open a Buy order if the price rebounds from the lower border of an ascending or a descending channel.Place Stop Loss at a level equal to half the channel's initial height to limit potential losses.Calculate your position size, ensuring the Stop Loss is no more than 5% of your total deposit.Set the Take Profit at a level twice bigger than Stop Loss.
Price channel breakout

Open a Sell order once the price drops below the ascending channel's lower border. This action is based on the expectation that the ascending channel is broken.Open a Buy order once the price rises above the descending channel’s upper border. This action is based on the expectation that the descending channel is broken.Place Stop Loss at a level equal to half the channel's initial height to limit potential losses.Calculate your position size, ensuring the Stop Loss is no more than 5% of your total deposit.Place Take Profit at a level that exceeds Stop Loss three times. This allows you to profit more if the trend continues moving downwards in an ascending channel or upwards in a descending channel.
Leveraged trading involves risk. This content is not investment advice. Trade responsibly.$EUR

Wzorzec podwójnego szczytu jest powszechnie uznawanym wzorcem wykresu do identyfikacji odwróceń trendów. Wzorzec podwójnego dna jest jego niedźwiedzią wersją i używa się go w tych samych celach.
Dodatkowo, wzorce potrójnego szczytu i potrójnego dna wzmacniają tę koncepcję, dostarczając silniejszych sygnałów odwrócenia, pokazując, że cena próbuje i nie udaje się przełamać poziomu trzy razy, zanim ostatecznie zmieni kierunek.
Te wzorce stanowią dobrą podstawę dla kompleksowych i zrównoważonych strategii handlowych.

intraday look for 5055.
Our preference
Short positions below 5135 with targets at 5055 & 5015 in extension.
5,185.000 Resistance ...
5,155.000 Resistance ••
5,135.000 Resistance •
5,088.000 Last
5,135.000 Pivot
5,055.000 Support •
5,015.000 Support ••
4,980.000 Support ...

Comment
A break below 5055 would trigger a drop towards 5015.
Alternative scenario
Above 5135 look for further upside with 5155 & 5185 as targets.

Current trend

INTRADAY

SHORT TERM📈

previously →📉

MEDIUM TERM◽️
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Młot (znany również jako Pin Bar) to rodzaj wzoru świecowego z długim cieniem i krótkim korpusem.
Młot silnie sygnalizuje odwrócenie trendu lub impulsu. Możesz stworzyć potężne strategie odwrócenia, używając tego wzoru.
Jak działa Młot
Młot sygnalizuje, że odwrócenie kierunku ceny jest bardziej prawdopodobne niż wybicie.
Ten wzór zazwyczaj składa się z trzech części:
Długi cień wskazuje, że cena znacząco się poruszała (w górę lub w dół), ale następnie wróciła blisko punktu wyjścia. Dzieje się tak, gdy traderzy popychają cenę w jednym kierunku, ale przeciwnik zamówienia tworzy wystarczającą presję, aby ją odwrócić.

General outlook
BTCUSD has been trading in a sideways market within the last day.
Now, the support level is located at 60,000.00.
Resistance levels are now located at 72,960.00 and 87,300.00.
Analysts recommend opening a Sell order with a stop loss above the previous high.
The upcoming news will not influence your orders within the mentioned period.
We will publish our next post on support and resistance levels at 4:00 a.m. UTC tomorrow. Come back to discover more trading insights.
analysis explanation of support and resistance levels
Share your thoughts in the comments section if it's available for you.

$BTC

Hello, fellow traders, DanmalikiThebbi here.
Today I’m keeping my promise from yesterday and sharing a personal story — one that still stings but taught me more than any winning trade ever could. If you got badly burned in the recent gold or silver mega-moves, this might help you see things a bit clearer.

I’ve been trading for over 20 years now. You know I always preach strict discipline, responsibility, and waiting only for high-probability, well-defined setups📊 Yet even I managed to blow up roughly half my trading account back in 2013 on one single name: Tesla.
Tesla was the absolute hottest “in-play” stock that year. When something becomes the market’s obsession — hedge funds piling in, institutions rotating hard, endless headlines — liquidity explodes, moves get bigger, and setups are cleaner than ever ✅ I already had several solid years of experience, so I wasn’t some rookie chasing hype. But the psychology hit me hard.
Tesla kept ripping higher 📈 📈 , way beyond any reasonable fundamental valuation. So I started shorting it — using my tested, normally profitable setups. The math should have been on my side long-term… except the market didn’t care. I lost trade after trade. Instead of walking away, I doubled down — increased size, told myself “this statistical outlier will end soon,” convinced I just had to stay disciplined until the reversion came. I needed to prove I was right. 💡 Classic ego trap.
The losses piled up until I didn’t just lose money — I lost confidence in my own edge, in the setups that had fed me for years. That was the real damage.
What I should have done was simple: walk away. When the market keeps punishing the same side repeatedly, no matter how “right” your analysis looks on paper, it’s screaming that you’re in the wrong place at the wrong time.
The hardest but most important lesson I took from that drawdown: Even when you’re disciplined, even when you follow your rules, if something doesn’t work over and over — ❌ stop. Protect what’s left. One of my favorite trading tenets sums it up perfectly: “Live to play another day.”
If this resonates after the recent metals madness, take it to heart. Sometimes the best trade is no trade at all.
Stay disciplined — and stay humble.
And don't forget to follow for more!
Sincerely yours, danmalikiTHEBBI.