FX:EURUSD is breaking the structure of the ascending channel and the market is trying to change the trend on the background of the strengthening dollar index. The market is waiting for news from FOMC & FED today. Globally, we have a neutral range in the format of a symmetrical triangle, with strong resistance at 1.095 - 1.10 inside, which restrains the price...
SAPPHIRE Food has given zero returns from last 2 years Currently stock is trading near resistance Stock has formed Ascending Triangle pattern which is Bullish pattern !! If stock comes down then it may take support around 1300 levels. Stock will give huge upside of 70-80% if it sustained above 1625 levels. Thanks You !! Disclaimer : We are not SEBI...
Bitcoin almost reached an all-time high, but not yet. Wait for it; it will go above the previous ATH from 2021 pretty soon! And what happens after that? A lot of people will start buying the new all-time high, the news will be full of articles, and retail trades will buy the peak. Whales need liquidity, especially on BTC, so they will trigger a massive crash after...
Bitcoin (BTC) is showing signs of a potential bullish rally of around 15–17%. BTC currently breaking out of this ascending triangle, with an attempt to surpass the crucial resistance level of 69k. Expecting a 15% to 17% rally after the breakout and retest of this pattern. In the event of a worst-case scenario, where the bulls fail to hold the support at 66k,...
The Yen v Dollar having already started the plunge out of a very long term head an shoulders move with resistance confirmed is now at the bottom of a descending triangle pattern. A failure to reverse this pattern and go lower could mean a dramatic slide in the Yen. It is not surprising that the Japanese Central Bank announced a rate hike. Generally everything they...
As the title states CRYPTOCAP:BTC shows a bullish pattern of an ascending triangle. Once we get a break of the shaded rectangle we can look to entry long with our stop just below that area. Looking to ride this into ATH and targeting roughly $75k to $80k. trade safe!
Hi guys. I am always on the lookout for assets with clear signs of macrotrends. One that caught my attention was a crypto altcoin called MINAUSD. This analysis is on 1 week timeframe. Signs found on macro timeframes can have powerful moves to upside or downside. Notice firstly the horizontal black trendline around 1.40-1.50$. This was an area for last couple...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago rebounded from the resistance level, which coincided with the resistance line and seller zone and little declined. After this movement, the price tried to back, but failed and when the EUR touched the resistance line it rebounded again and made...
feb 19/ 3/2024 swing trade perfect symmetrical triangle long term opportunity take trade according to own risk this is not call just a analysis.
In an overall bullish move, the price is forming a symmetrical triangle chart pattern formation, which is neutral in nature but can adopt a trend sentiment, which in this case is bullish. Therefore, we could assume with a higher probability that the price could break above this pattern. In the event of a bullish breakout, we could look for a retest to take a...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to triangle, where it bounced from resistance line and fell to support line, breaking $2020 level. But soon it turned around and rose back, breaking this level again and later reaching resistance line. After this, price made a small...
JSE:FSR has formed a descending triangle pattern since mid Feb. Yesterday's price action broke through the bottom of the triangle, triggering a short alert. If triggered, we are looking to ride it downwards all the way to the 55 level.
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
NZDCAD broke and closed below a key daily structure support. After a breakout, the price retested a broken zone and formed a symmetrical triangle on an hourly time frame. The support of a triangle was broken. It is a strong intraday bearish confirmation. I expect a bearish movement to 0.8225 ❤️Please, support my work with like, thank you!❤️
APTOS has held up better than most mid cap coins during todays BTC sell off. Using a conservative entry on the ascending triangle pattern we can maximize R/R for this trade by entering off the rising trend. Not at the top of the range which is higher risk. Be sure to watch the MACD for more dark green histogram hints. Light green or red prints can indicate weakness.
Logarithm. Time frame of 3 days. Secondary trend (part). A very clear ascending triangle has been formed. The price is being driven to its resistance at the moment. There may be a pullback from it, and then we will see. While the price is in the triangle (until the decoupling), it is hardly rational to open a position from the position of risk management. The...
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it first declined below support level, which coincided with support area. But in a short time it rose back and even later reached resistance line of channel, after which XRP made correction. After correction,...