Symmetrical Triangle

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USDCAD - testing the resistance of the symmetrical triangle

It looks like the price has pushed and is currently testing the resistance level of this symmetrical triangle. It is also at a short-term resistance level, it could be very hard to push past this level at the moment. This currency needs to be watched over the coming days to see if it is going to break or not. If the price breaks then we could see a push to the ...

JohnnyPurtoy98 JohnnyPurtoy98 USDJPY, 1D, Short ,
28 0 0
USDJPY, 1D Short
USDJPY weak momentum causing bear moves

The price looked like it had lost some of its momentum as it started to get closer to the symmetrical triangle that this currency pair is currently in. With the strength of this bear candle it can be seen that the price is trying to push downwards. This pair needs to be watched as the triangle is starting to narrow and would have to breakout soon.

JohnnyPurtoy98 JohnnyPurtoy98 USDCHF, 1D, Short ,
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USDCHF, 1D Short
USDCHF bearish moves

The price has reached a strong resistance level which has been holding for a while now, it also formed a symmetrical triangle. The momentum of the bullish move was not strong enough to break this strong resistance, this means that the price is falling in value. I believe that this pair would move further down over the next few days, as the RSI is in a great ...

JohnnyPurtoy98 JohnnyPurtoy98 USDJPY, 1D, Short ,
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USDJPY, 1D Short
USDJPY short-term bearish signal

The daily graph is showing something completely different to the weekly, the daily graph is showing that the price may not be able to breakout this triangle on this attempt. This can be seen by the overbought signal that is being seen as the price gets closer and closer to the resistance level of the triangle. I would keep everyone updated on any signals that I am ...

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USDJPY breaking point

The price has managed to push towards the resistance level of this channel. This is looking very promising, the RSI is in a good position for a bullish move. But if the price fails to breakout at this point the price would move down to the support of this triangle.

87 2 3
USDJPY symmetrical triangle

The price has been forming a very large symmetrical triangle pattern, this pair needs to be watched carefully to see which way the price would breakout this triangle within the coming months.

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EUR/USD - Symmetrical Triangle breakout coming soon!

This week the EUR/USD has hit a major resistance point, shown above, having been tested twice and upon both occasions the price has been rejected. Watch closely this coming trading week, depending on news releases throughout the week regarding both the euro and US dollar (beginning Monday 24th April), could tip the price either way. Will be posting an update and ...

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Golem symmetrical triangle and cypher patterns

Possible cypher pattern to complete the symmetrical triangle. Details and levels on the chart.

youraveragetrader youraveragetrader USOIL, 120, Short ,
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USOIL, 120 Short

Hey, youraveragetrader here! - Breakout from symmetrical triangle. Orange area take profit. Anymore information, comment.

nikitafen46 nikitafen46 EURCAD, 60, Long ,
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EURCAD, 60 Long
EURCAD Long Position off Support TL Bounce

Price has opened at the support trendline today Stochastic is oversold and currently turning upwards from that area. Weak CAD can be seen in both USDCAD and here, EURCAD. Not too good R:R ratio, but this trade fits my technical strategy so I will take it. Have less emotion, and be more patient. Good luck comrades.

MitchellShoesmith MitchellShoesmith EURJPY, 240, Short ,
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EURJPY, 240 Short

On the 4H time frame we have a symmetrical triangle that i am looking to short upon the breakout of the lower trend line. There has been a lot of resistance at the 61.8 fib which coincides with the 1.23200 key resistance level which the bulls have failed the break above on the daily close. If you look on the daily chart there has been several rejections of this ...

Trading_Jazz Trading_Jazz EURUSD, 240, Short ,
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EURUSD, 240 Short
(4h) Reversal Double Bottom & Bullish Symmetrical Triangle

FX:EURUSD Safe Trades;

Trading_Jazz Trading_Jazz TSLA, D, Long ,
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TSLA, D Long
(D) Bullish Symmetrical Triangle // Breakout Projection Levels

NASDAQ:TSLA Safe Trades;

Trading_Jazz Trading_Jazz BABA, D, Short ,
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BABA, D Short
(D) A gap with a cost of the Weekly "support" trendline

NYSE:BABA 4h Chart: Safe Trades;

Trading_Jazz Trading_Jazz FB, D, Short ,
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FB, D Short
(D) Bearish Symmetrical Triangle Projection at Major Trendline

NASDAQ:FB One projection that can send the price to test the super and all time trendline; By default, the projection of a bearish symmetrical triangle is equal to the previous and most recent move above that triangle, starting at the last "point" of the corrective structure or consolidation structure... Now, we have an ABC inside the triangle already forged, ...

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