white line broken we have possible triangle pattern in blue lines silver made bottom ahead of gold for fed pivot you can say silver is light year head of fed decision for next fed fomc watch if breakout sustain or fakeout
NewGold ETF which tracks the rand price of Gold has been knocking hard on the R360.00 level. A breakout of this level should see an explosive move upwards which possibly supports the longs i am seeing in DRD and AngloGold. The break of the flat top triangle targets R386 which is an approximate move of 7% in the rand price of gold.. Good, especially for our local...
SHRIRAMFIN formed an ascending triangle pattern on daily chart and broke out of the pattern today. With multiple support and resistance tested, appears to be a bullish breakout. Stoploss can be held just below the breakout candle with target the size of broader edge of triangle. You could trail stop loss with either 2 ATR (Average True Range) or 10 EMA...
Gave a breakout..IS giving a breakout as we speak...so buy...to the 378 Tgt calculated as per triangle patttern....Traders do keep a stop of the candle low...
The GBPNZD experienced a sudden decrease in value today, breaking and closing below the neckline of a descending triangle formation on the 4-hour time frame with a strong bearish candle. The next support level appears to be at 2.1000, which is likely the target for sellers. To enter the market, it may be worth considering a retest of the broken triangle neckline.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Triangle variant, no triangle train tunnel vision, though. This would be ideal from here. Looking for a W(4) here to match (2). NGL and say this doesn't look impulsive.
HUBC forming Acending Triangle (Bullish Pattern) Breakout leads to TP and fails to breakout leads to potential support areas with red lines.
Multiple time frame analysis for Gold. Price action & important key levels. Trading recommendations. Potential scenarios. ❤️Please, support my work with like, thank you!❤️
This analysis examines the recent price action of BINANCE:AXSUSDT AXS, focusing on the symmetrical triangle pattern and its potential breakout scenarios. 📉🔺Parabolic Move and Symmetrical Triangle: AXS experienced a parabolic price surge and subsequently entered a symmetrical triangle pattern. This pattern indicates a period of consolidation and uncertainty...
XAGUSD is currently trading within an ascending triangle pattern. The resistance level of the ascending triangle has acted as a pullback area four times. The price is currently at the resistance level of the ascending triangle, therefore there is a possibility that a fifth pullback will occur. Ascending triangle pattern has a bullish bias, so there is a...
A potential swing trade opportunity in Redington Ltd , a leading distributor of technology products and supply chain solutions. Reasons are listed below : The stock has broken above a significant resistance zone of 180-190, and it has successfully retested this level, indicating potential upward momentum. Redington Ltd recently broke out of an ascending...
AVAX has been forming a triangle pattern for an extended period. The price was respecting the triangle and making higher lows. Everyone was expecting a bullish breakout and continuation of the uptrend. However, the price reacted to the fall of Bitcoin and started to fall with it. The triangle pattern: The triangle pattern is a neutral pattern that can be either...
DMART form a Triangle pattern. Breakout happened in 1D but closely watch today close then we will enter into the trade. Target 1 ---> 4550 Target 2 ---> 5550
Hello All, I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. Sorry, I was banned by the moderators for not following the house rules ... But here I am back again :-) If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only,...
Hello All, I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. Sorry, I was banned by the moderators for not following the house rules ... But here I am back again :-) If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only,...
CRYPTOCAP:BTC its highly likely BTC is forming a bearish triangle, I do not exclude one move higher to 72.8K term before dropping to 58-52k which will be a nice dip to buy BTC or open a long just pre halving, supply shock follows, and we should see strong move to 80-95k
Overview META is approaching a possible landslide that may take the share price to around $455. An influx of insider liquidation paired with healthy market skepticism supports the possible correction. Fundamentals Overall the company appears healthy according to their 2023 Annual Report. The only filings that I found concerning was the abundance of 144s that...
AUDCHF has just broken out of its triangle and with the macro economic conditions we are seeing at the moment, AUDCHF should give us at least a short term retracement to its last higher low at 0.5840