Good opportunity to short this, ascending triangle about to be completed. All targets and entry price indicated on the chart itself. Happy trading.
Price has been in a long term ascending triangle with defined support and resistance lines. Price is also above the 200 day moving average so I'm only looking for long trades. A breakout to the upside has recently occurred and the average true range signalled this was a valid breakout. Price has currently pulled and is approaching the resistance turned support...
US Oil has political support and we're headed into a season of greater consumption. This combined with the recently completed H&S leading into an ascending triangle indicates that there is a strong move coming. Enter at 55.10 as price breaks up from the triangle. SL set very tight (because I'm a noob to trading oil)
From the top in January 2014 (€ 93) and the bottom in October 2014 (€ 53) ADIDAS has been in a major uptrend which extended to the 2.618 fibonacci projection level (€ 160). The rising support line forms an ascending triangle together with the flat resistance line at the top. A breakout from the ascending triangle should lead to a major move in either direction. A...
Broke 2.50 today. Entered at 2.51 for the swing. Huge volume from block buys the last few days. Stop around 2.40 with potential reward 2.65-2.75. Watch 2.55 tomorrow. Big next spot. Touched it today but couldn't get through.
Confirmations: 4 fib confluence elliott wave structure strong resistance at C
Ascending triangle forming. Not much volume right now, but don't let yourself miss this if it breaks 2.85 on expanding volume. Risk to 2.65, potential reward to 3.30 range
Here we had price descending in a Downward Channel until it broke out recently. Price formed an Ascending Triangle before it broke out. After the breakout price has came back to retest the Channel and Triangle. Price loves to retest broken structure before it continues it's trend. I'm expecting DXY to rise 1st Target is 101.30 and as for my second Target 102.00.
Very simple setup here on GBPCHF. Look for short positions if price gives a good reaction at the top of the current pattern.
Buy Limit order @ 0.7640 Target: @ 0.7694 Stop: @ 0.7615 R/R: 2.12
UJ.H1. Breakout & Ascending Triangle formed. Potential breakout 112.50 lvl, but take note that overall trend is still toward down.
Confirmations: Inside bar Candle 2 fib confluences triple bottom identify reversal good structure AB=CD/ Equal Measure Move to Target Next Move: sell at target for retracement AB=CD
This ticker is in Ascending Triangle pattern. Is ready to breakout ??
Normally, i would call this a very bullish ascending triangle formation, but we have that pretty big looking resistance trendline. So for now I would say hold off on buying or selling. I'd buy when the that resistance TL is broken, and sell when price is rejected from the resistance trendline - and on the way down breaks that support TL of the ascending...
CHK had strong downward channel trend that turned around in Feb 2016. Ascending triangle pattern formation, on monthly, weekly and daily timeframes, for long-term swing in price to break upper resistance @ ~$8.00 (this is daily chart). Again, RSI has been so graceful in confirming possible short or long entries for the whole duration of the triangle's...
Since price pushed up to previous highs on 12/29/2016 and was rejected back under 1.055 there has been an few emerging patterns. The ascending triangle is a known reversal pattern and price has made significant reversals at key price points to confirm this simple pattern. As price approaches the end of the ascending triangle we should be looking for price to...
The ascending triangle on the 4-hour chart of GBP/AUD presents a bullish breakout trade opportunity. The triangle's borders are marked with the yellow lines. My potential entry point is marked with the cyan line. My potential take-profit level is shown with the green line. I will set the stop-loss order to the low of the breakout bar (not shown).