NYSE:OXY OXY has market momentum with the ongoing Buffet buying frenzy. It has been in a pattern since the spring 2022 Buffet buying that is a flat bottom triangle. The latest buying seems to be resulting in a breakout from the triangle yet without retest. Rising relative strength on the RSI serves to validate the move. Buffet seems to know that the...
what you can see here is a double fork hagopian triangle strategy (or at least what i call it), it aims to use a triangle lines as hagopian lines and use the failing fork to identify the failing side and trade in that direction, i usually find it to go at least 80% of the profit bar (which is nothing special but the triangle height). if you don't know what...
NYSE:DLR The symmetrical triangle is a pattern that we consider in our strategy, but it is not the best in terms of statistical results. In this case there has been a three year long phase in which the value has bounced in a range, and now it has brokenout a level on the symmetrical triangle. We are interested in entering Long to ride a possible new bullish...
HYDRO is one of coins having a potential. It has a unique block-chain solution for a real life problem. We see a couple of trend-lines, there are; 1. A strong support at 42, also double bottom. 2. A clear downtrend line, tells us a strong resistance. 3. A descending triangle. Also STOCH RSI shows a divergence. Using these data it makes sense to open a long...
This coin is ready to go. The indicators are all showing a bottom was just formed and that more people are buying to fuel the uptrend. We just completed the last wave of an ABCDE wave structure. this means that we are ready to break the triangle pattern that formed.
AUDUSD is showing rejection at the 14 day SMA and bearish trendline. SL above pinbars with a conservative TP at the bottom of the potential triangle before continuation.