All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only educational purposes and not a trading recommendation.
Hi Traders, Unity being (one of the) wheels for an upcoming VR&AR revolution, this stock might be trading around 3x to it's current price in few years (maybe next). An expanding triangle (megaphone) pattern suggests we are at the lower band now which is a good entry for buying opportunity. We might see some pressure at 160-170 which is 61,8 FIB and a DEC...
Here is my idea that came up out of my mind after analyzing BTC chart. The idea is that BTC is currently moving in a megaphone pattern. A long trade is currently active and if it ever follows my path. The short trade will be initiated too. All details explained on the chart Don't mind commenting your thoughts
CAN is printing a Broadening Bottom Megaphone pattern on the CAN daily chart; the RSI looks to be increasing on the price lows indicating increased momentum. Zooming out it also looks like an accumulation pattern has been forming over the past several months. The megaphone may work as the "Spring / Test" stages for Phase C if it plays out and bring the price back...
SPX500USD has formed a megaphone pattern on its daily chart. The price has rejected the mid range MID RANGE 4410.0. Megaphones patterns tend to reverse the prices trends in 5 wings. Fibonacci extension tool is used to determine potentials targets to the downside. TP1 4068.7 61.8% SYMMETRY ABC TP2 3892.0 78.6% SYMMETRY ABC TP3 3619.9 100% SYMMETRY ABC
Details are given in chart. Disc - Am not a SEBI registered. This idea is only for educational purpose and not a trading recommendation. Please take your own decision before taking any position.
BTC is in an Ascending Channel on this 1d timeframe. Even if BTC drops to around $34,000, it would still be within this Ascending Channel. BTC is potentially in an absolutely massive Megaphone Pattern/Reverse Symmetrical Triangle on this 1d timeframe. BTC is potentially in a smaller Megaphone Pattern/Reverse Symmetrical Triangle on this 1d timeframe. BTC is...
A broadening megaphone pattern embedded with-in the descending broadening wedge pattern has emerged, a game of patterns and we are right in middle. Time for some Actualverse time.
Megaphone pattern Support line Entry 30 Stop 28 Target 45 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.
originally I was rooting for RSHS formation but after earnings the drop was too steep and we see a clear megaphone formation. High volatility, watch out.
Are MM painting a bullish inverted triangle this weekend? So far it looks like a bullish megaphone imo
Folks, What about REN... To my surprise not only the technical looks great but also the fundamentals in the essence of the TOTAL supply of tokens. Check it on coin market cap and you'll see the total supply is fully diluted. The Megaphone pattern normally forms after major market moves and is a projection of a market that is out of control and unusually...
Hello my beauties. I think BTC/USD has the chance to go back to the top of the megaphone it's in. It went into overbought during the formation of the higher end of this pattern, now it has recovered from an oversold condition. The stochastic is diverging, so is the RSI - when the two indicators diverge together, it's normally bingo - and I believe we could long...
I have two megaphone patterns on 4H and 1H. Megaphone pattern is identified as Bulls & Bears in price disagreement. It can be a bullish or bearish pattern. Today I'm defining it as a bearish pattern because of a few reasons. We have bearish divergence on 4H where price is starting to lose momentum for higher highs. There is also a Head & Shoulder pattern into...
ETH has been on quite a run lately based on fundamentals moving from $1700 up to the price of $2400 in the past 10 days, however the price has been consolidating within the current price for the past few days. This is never bad as the price needs some time to create more support and to rest so it is not seen as overextended leading to a sudden drop off top. In...
On the DE30, price is respecting the non horizontal supports and resistances since many weeks. So what do we have on this one ? 1. Non horizontal Support: The price is retesting now for a second time our yellow support meaning that we should look only for buy setups on the short term. So let's dive in to see what are our possible opportunities. 2. Double...
The price of the oil got rejected 3 times and in 4th time got some consolidation and broke the upper side resistance around 66.00. We can see a megaphone structure (Bullish megaphone structure).The retest of the upper side trend line will be a good entry point. Expected target would be 70.00stope lose can be placed below 65.00 level
Looking strong, if your short please consider some psychological help from a Doctor asap. SP500 looking ready to pump to the moon IMO.