The EUR/USD pair on the M30 timeframe presents a potential shorting opportunity due to a recent breakout from a triangle pattern. Entry: Consider entering a short position (selling) below the broken support trendline of the triangle after confirmation. Ideally, this would be around 1.0770 or lower if the price continues to decline. Target Levels: 1.0704: This...
- The chart is pretty self-explanatory. - If you look at the PE, It has come down substantially from about 100. - The crucial resistance zone is an important obstacle. A break and sustenance above it could mean further upmove. - Invest with caution as Investors are getting greedy post the bull run. What are your thoughts? Leave us a comment. Disclaimer:...
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...
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...
Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle...
swing trade perfect symmetrical triangle long term opportunity take trade according to own risk this is not call just a analysis.
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...
Hello Traders and Investors, today I will take a look at Alphabet. -------- Explanation of my video analysis: About 8 years ago Alphabet stock created the first retest and rejection of the long term ascending bullish trendline. Then we had a lot of retests of this trendline, the last one being in the beginning of 2023 and this retest was followed by another...
Hello Traders and Investors, today I will take a look at the Dow Jones. -------- Explanation of my video analysis: There is one major long term pattern which we have been looking at for a very long time - a rising channel formation. Just a couple of months ago the Dow Jones retested the lower support trendline and created a beautiful triangle breakout while...
BONK is currently trading within a symmetrical triangle pattern on the 1-hour timeframe. This pattern is characterized by converging trendlines connecting a series of price highs and lows, creating a triangle shape. Symmetrical triangles are often considered continuation patterns, suggesting that the price is likely to break out in the direction of the prevailing...
The XAU/USD pair (spot gold) on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish flag pattern following a strong downward move. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the flag after confirmation. Ideally, this would be around 2330 or lower if...
Hello everyone, the Bitcoin halving is done, and it looks like the pre-halving bottom is also in place. Bitcoin dominance is rejecting its crucial resistance, so it's a good time to invest in alts. I'll try to share some good setups here in the next few days. Here is the first setup of ENA/USDT. The chart looks good, forming a descending triangle. The breakout...
Bharat Dynamics Ltd. engages in the manufacture of defenses equipment. It specializes in surface-to-air missiles, air defense systems, heavy weight torpedoes, air-to-air missiles, and other allied equipment. The company was founded on July 16, 1970 and is headquartered in Hyderabad, India. Stop-Loss - 1740 Target 1 - 2230 Target 2 - 2400
Hello Traders and Investors, in this video I will take a quick look at Adobe. -------- Explanation of my video analysis: Back in 2012 we saw a major symmerical triangle breakout on Adobe stock which was followed by an unbelievable rally of +2.000% towards the upside. Over the past 6 years, Adobe stock has once again formed a triangle formation and just...
The EUR/AUD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a triangle pattern. Potential Short Trade : Entry: Below the broken support line of the triangle, ideally around 1.6570 after confirmation. Target Levels: 1.6477: This represents the height of the triangle, measured from the apex (highest or...
Hello Traders and Investors, today I will take a look at AMD . -------- Explanation of my video analysis: Back in 2022 AMD perfectly retested the previous all time high which was turned support after AMD stock broke it towards the upside in 2020. Furthermore AMD stock also created a bullish symmetrical triangle formation and already broke out towards the...
BTC has been trading in a triangle pattern on the daily timeframe. Many traders are trading pattern breakouts, for example, if the price breaks above the upper trendline of the triangle, they open a long position. However, in reality, all that happens is that liquidity is collected and the price moves lower. Then the same thing happens under the lower trendline...
The CHF/JPY pair on the M30 timeframe presents a potentially interesting situation with a triangle breakout pattern. Potential Long Trade : Entry: Above the broken resistance line of the triangle, ideally around 167.60 after confirmation. Target Levels: 168.75: This represents the height of the triangle, measured from the apex (highest or lowest point) to the...