Hola Guys, The price broke the triangle made up with T1 and T2. The market had a pullback on S3 pp and S2 support. Thanks for this pullback we made a test ceiling on T2. This for me is a Bearish signal and i'm gonna open a little trade. SL is 11640, it is also protected by S2 support and S2 pp . The TP area is the trendline T3. I forecast that the market will...
Symmetrical Triangle is observed on CADCHF. Price will test 0.79500 if it breaks and closes above support zone and a triangle.
Long position on $nzdusd with the breaking up. Close the position if goes down under 0,7229 level. Take Profit on 0,7394 under the resistance level.
Hi! At this point the price has broken above the larger triangle pattern - a bit early maybe - and we now have another smaller triangle forming. The technique i'd like to try here is adding to the trade with a smaller stop size (shown by the second long position indicatior and the blue arrows). What i'm going to do is, IF we break the small triangle higher, i...
Buy if brekout occurs on top and close sell. Sell if breakout occurs on bottom and close buy. When price comes to top line sell and close buy. When price comes to bottom line buy and close sell.
Looks like nice short here. A strong likelihood of a move to 83.77 starting with a thrust down from a rising triangle, now complete. (Wave B of Wave 4). Timeframe 13 days. Happy New Year.