On the 4H chart for the AUDUSD we are getting a symetrical triangle Since the end of October we can observe a well defined Bullish market structure ( orange line ) which indicate an up trend. After the price created the last major high point, now it corrected down to the previous major high where it's hitting the support range created from it. For higher success...
On the 4H chart for the GBPUSD we are getting a symetrical triangle Since the end of October we can observe a well defined Bullish market structure ( orange line ) which indicate an up trend For higher success ratio, you are looking for a breakout to the up side from the chart pattern as it will align with the general trend Additional factors to take in...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price started to grow in a rising channel, where it broke the resistance level, which coincided with resistance area. But when EUR rose to resistance line of channel, it bounced and started to decline to $1.1010 level, exiting from channel. Also, price...
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 When price reached resistance level, which coincided with resistance area, XRP soon broke it and rose higher. But later price declined back, thereby breaking $0.6500 level again, and started to trades inside flat. Inside flat, XRP first made fake breakout and...
Gold is forming an Ascending triangle on a 1H chart. The resistance of the pattern is aligning with the recent low points in the price creating a strong resistance range. The development here is important. If the price breaks the resistance, this can fulful the chart pattern and also break above the resistance range, which can push the price up. If the price...
EURCAD is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If...
Silver is close to breaking the 665-day Triangle Pattern. Silver is oversold and undervalued now. They have tried to reduce the price in volume for 2 days, but the price does not accept below 23. From now on the only direction is up. I also expect a big decline on Gold/Silver Ratio. Downtrend on DXY to continue and gold to perform well this week which is good for...
══════════════════════════════ 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...
Bitcoin is still bullish and is ready to go higher! My ultimate target is 48600 USD, which should be hit probably very soon. What is really important for the price is that the blue horizontal line must hold for the continuation - the price is currently above it. From the Elliott Wave perspective, we need to finish the last wave 5 of the impulse wave. Let me know...
Bank Nifty has given a very good technical entry today to go positionally Bullish. Flag Breakout in Daily chart and Inverted Head & Shoulder Breakout in intraday chart with a retest to touch ALL TIME HIGH! 2% Target can be easy coming in very short time.
Since February of last year, Meta has been in an upward impulse pattern with Wave 4 in a prolonged running double three. The last segment of Wave 4 is a running triangle with its apex very close to the February 1 earnings report. If this pattern is correct, Wave 5 should extend either at the 161.8% or 261.8% Fibonacci level which is between ($870-1,400)...
Patanjali we can expect to see in upside upto 2600 Rs from current price. Current monthly trend for Ascending Triangle pattern breakout, Current price 1600 Rs, Target 2650 Rs and Stop loss 1100 Rs
Hello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: All the way back in 2019 Tesla broke out of a longer term falling triangle formation. This breakout was followed by a crazy pump of more than 1.500%. At the moment Tesla is once again forming a falling triangle formation and if Tesla breaks above the resistance...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago entered to range, where it firstly declined until to buyer zone, which coincided with the 41300 support level. After this, the price bounced from this zone and rose higher than the 41300 level, but soon it declined back, making a correction....
U.S Equity Index’s Overview – A Repeating Pattern The Bull Thesis – Ascending Triangles The 200 day (blue line on each chart) is squeezing price up towards each red resistance line making each chart look like an ascending triangle (evident on every chart). With the 200 day as underside support for price and the 200 day sloping upwards, things remain...
Analysis of the Australian dollar vs. Swiss franc currency pair This analysis is for daily and mid-term time frames The market is in a downward trend and is currently in the 5-wave range of the triangle, and the triangle line breaking down can continue to fall. Traders should pay attention to the number 0.57777!!! The most important and main resistance is...
We have a breakout from the symmetrical triangle, with midterm potential to reach 19$✈️ 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong...