Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: After the simple break and retest of Bitcoin in January of 2023 we saw a beautiful reversal and already a pump of more than +250% towards the upside. Bitcoin has also been creating a massive ascending triangle formation and if we measure the potential price...
I spotted a lot of bullish confirmations on 📈GOLD ↪️ An inverted head and shoulders pattern formed and the neckline was broken. ↪️ The right shoulder of the pattern also formed a symmetrical triangle, which was also broken. ↪️ The neckline of the head and shoulders pattern, a key horizontal resistance, was also broken with a strong bullish candle. We can expect...
I am watching TVC:GOLD after the recent breakdown of a triangle pattern. Price has come back to test the triangle and we are waiting patiently for a signal to go back short. The 1H time frame is almost done filling a fair value gap and it lines up with the bottom of the triangle. Gold can prove to be tricky to pin an entry so i would like confirmation before...
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price a not long time ago rebounded up from the seller zone and rose to 2088 points, after which it turned around and started to decline in a downward channel, where soon price declined to the 2060 level and broke it. Then Gold declined to the support line, after...
TROYUSD is about to break out the yellow descending trendline. Over 90% of trading volume of it occurs on Binance and 24h volume is only 3 million dollars. So it is somewhat risky to trade but looking chart is interesting. It has been drawing descending triangle over a year and the current price is 93% down from the ATH. And its bottom range is at the orange...
We observed two unusual breakouts on the 📉GBPUSD chart. The market had been trading in a tight range for about four days, forming both a symmetrical triangle and a horizontal range. The recent breakout below the support of both the triangle and the range indicates a show of strength from the sellers. This suggests that the price could potentially decrease to...
GBPUSD formed 2 very bearish patterns: We see a double breakout of both the support line of a symmetrical triangle formation and a rising parallel channel. It indicates a local dominance of the sellers. I expect a bearish continuation at least to 1.26255 ❤️Please, support my work with like, thank you!❤️
A large triangle formation has formed on the JTO chart, and before breaking out anywhere, it may pull back towards the 1.93 region and then experience a nice increase. NOTE: Unlike others, this analysis has not been thoroughly researched due to personal reasons and has been looked at only instinctively. If you have the opportunity and time, looking at other...
SPY - Result - Chart Pattern Broken (Downtrend) - Unfortunately the downtrend occurs during (aftermarket hours).
The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a triangle pattern. Sell Entry: Consider entering a short position around the current price of 1.0842, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish...
It's almost nearby the end of market - not sure if the line will breakout the pattern in time before market close. Let's wait and see.
Monitor Closely for possible Triangle Breakout, then buy PUT
Do not buy, til there is breakout opportunity with confirmation.
Post this, to show the example to Leo, who can check it out, and get notification via e-mail. ENJOY!
The market really wants this stock cheaper. Price is landing on a demand zone. If you like Tesla and think in long term you start accumulating from here. It needs more work to break out the triangle, maybe next year but when it does is going to be massive. Price can also be pushed down to lower vertex of the triangle. That would be ideal but I see a lot of buyers...
After rebounding from $38,555 (near the $38,000 highs of November 2023) and breaking out of a bear trap descending wedge, BTC seems to have formed a symmetrical triangle around the support/resistance level of $42,700. This value is determined by the fixed range volume profile (FRVP) applied to the price behavior since breaking $40,000. Both the MA100D and MA200D...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago started to trades in a triangle, where it first rebounded from the 1.0725 support level, which coincided with the buyer zone and made a strong upward impulse to the resistance line, thereby breaking the 1.0920 resistance level. After this, the...
Hi Traders ! On 4H Time Frame, The CADCHF Price Formed a Descending Triangle Pattern. The Support Level is Broken. So, I Expect a Bearish Move📉 -------- TARGET: 0.64400🎯