The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of an ascending triangle pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the triangle after confirmation. Ideally, this would be around 1.4710 or lower if the price continues to...
DOTUSDT in Bullish trend with symmetrical triangle chart pattern is indicating continuation of bullish trend.
RESUSDT Ascending Triangle breakout. Swing trade. SL: 0.1488000
Hello Traders and Investors, today I will take a look at XRP. -------- Explanation of my video analysis: In 2017 XRP created a major triangle breakout and rallied more than +35.000% towards the upside. Since the beginning of 2018 XRP has once again been creating a triangle formation and is about to retest the lower support of the pattern which is perfectly...
NQ Futures could be trying to setup an ascending triangle to catch bears short at the bottom with major upside potential with a breakout and confirm. Will almost certainly coincide with data/news that will either play out a bear trap or a bull trap on the same timeframe for the next let the market takes. Often these patterns forming at the bottom of a range end...
So it made a symmetrical triangle and broke upwards making it highly bullish in these cases the target and Stoploss should be the way demonstrated on chart ( Target should be the first/biggest swing in the triangle and stoploss should be the bottom of the last swing in the triangle before breakout
Wait for the confirmation and take entry. Always manage your risk according to your portfolio. Thank You
COALINDIA formed a symmetrical triangle on daily chart and broke out of resistance with strong bullishness followed with huge volume spike. Looking the pattern formation, could see bears are weakening on every swing before breakout of resistance. Also note the low volume when price falls indicating sellers are not willing to let go at lower price. Prior runup to...
Wait for breakout and breakdown and always manage your risk according to your portfolio. Thank you
Hey There, - Like always, The chart is self-explanatory. - We saw a triangle breakout which happened very close to a crucial resistance zone that acted like one. - This is one previous support that turned crucial resistance - Previously, the price has fallen 3 times after testing this level. The fourth time's a charm? - We see a good consolidation at the...
Hello Traders ! The Silver Price Formed a Descending Triangle Pattern. At The Moment, The Support Level is Broken ! So, I Expect a Bearish Move 📉 ----------- TARGET: 25.95000🎯
Hello Traders and Investors, today I will take a look at Binance Coin. -------- Explanation of my video analysis: After the beautiful break and retest on Binance Coin back in 2020, we saw an insane rally of roughly +10.000% towards the uspide. Then BNB topped out in the beginning of 2021 and created a descending triangle formation. We saw a bullish breakout...
👋Hi, everyone. First of all, I apologize for the chart being busy, but I think all the lines and zones are needed to better understand it. 🏃♂️Bitcoin is moving in two descending channels : a ⚫️Black Descending Channel⚫️ and a 🟣Purple Descending Channel🟣 . Also, it is currently moving in the 🔴 Resistance zone($66,050-$64,520) 🔴and near the Upper line of...
A potential swing trade opportunity in Redington Ltd , a leading distributor of technology products and supply chain solutions. Reasons are listed below : The stock has broken above a significant resistance zone of 180-190, and it has successfully retested this level, indicating potential upward momentum. Redington Ltd recently broke out of an ascending...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Recently price bounced from support level, which coincided with support area, and declined to support line of triangle. GBP turned around and made strong upward impulse to resistance line, breaking $0.8610 and $0.8545 levels. But then price started to decline and...
AliBaba is given break out after long consolidation period hope it going up from now
Hello friends as you can see in 15 minutes chart market make descending triangle if market flat open make bearish candel after confirmation you can short in case market gap down open then demand zone also there wait for good confirmation reversal candle then take any call I hope you like my ideas all the best friends bye.