LTC coin is showing some strength here with a good potential for upward movement here on a daily timeframe. We are looking here for a potential breakout with a confident re-test as always, but we are ready for all kinds of movement here, meaning if we fail to breakout, then we might touch that lower line! Swallow Team
A bearish triangle pattern has emerged on the NZD/JPY 30-minute chart, signaling a potential decline in the pair's value. Key Points: 1. Triangle Breakout Pattern: The pair has been consolidating within a triangle formation, characterized by converging support and resistance lines. This often indicates indecision before a decisive move. 2. Sell Entry...
Hello Traders, welcome to today's analysis of AMD. -------- Explanation of my video analysis: In 2016 AMD broke out of a long term triangle reversal pattern. This breakout was then followed by a pump of +5.000%. After the 2022 pullback of 70%, perfectly retesting previous structure, we are not certainly back to a bullish market on AMD. If we see a retracement...
Hello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: In 2020 we saw a major triangle breakout on Tesla which was followed by an incredible pump of +1.500%. Since 2021 Tesla has been again trading in a triangle pattern with support at the $120 level and at the $200 level. If Tesla breaks above the trendline mentioned...
USD/JPY M30 Triangle Breakout Hints at Potential Upswing A bullish triangle pattern has emerged on the USD/JPY 30-minute chart, suggesting a possible shift in momentum towards the upside. Key Points: Triangle Breakout: The price has been consolidating within a triangle formation, characterized by converging support and resistance lines. This consolidation...
Hello Traders, welcome to today's analysis of Alphabet. -------- Explanation of my video analysis: In 2011 Alphabet stock broke out of a beautiful triangle continuation pattern and created a rally of more than +800%. This pump was followed by a retracement all the way back to the support trendline of 2011. Alphabet is currently creating a triangle formation...
USD/JPY M30 Triangle Breakout Signals Potential Downtrend A bearish triangle pattern has emerged on the USD/JPY pair's M30 chart, hinting at a potential breakdown and further downward movement. Key Points: Pattern: The pair has been consolidating within a triangle formation, characterized by converging support and resistance lines. This often indicates a...
BINANCE:BTCUSD BTCUSD (D) appears to have a pattern of narrowing the price range. Currently, the pattern has been broken. So: Buy current price at 43314.2 Stop loss at 41188.67
Hello Traders, welcome to today's analysis of Microsoft. -------- Explanation of my video analysis: All the way back in 2014 Microsoft stock perfectly broke above a major resistance area at the $35 level and entered a +1.000% bullmarket. Over the past three years Microsoft has been trading within an ascending triangle and recently broke out towards the...
We expect further upside on this pair, signalled by the descending triangle pattern breakout and counter-trendline breakout. We can also see the breakout of a key level which further supports our directional basis.
Hello Traders ! After a Huge Bearish Move, The EURCHF Price Formed a Symmetrical Triangle Pattern. The Resistance Line is Broken. So, I Expect a Bullish Move📈. ----------- TARGET: 0.94140🎯
China economic data: China is due to release its Q4 GDP data on January 17, 2024. Strong data could boost risk appetite and support the NZD. However, weak data could lead to further risk aversion and put downward pressure on the NZD/JPY. Sell NZDJPY Triangle Breakout NZD/JPY - M30 Chart - Price Breaks the pattern now. its good chance to sell now. Thank you.
Factors Strengthening GBP: Hawkish BoE: Recent hawkish comments from Bank of England (BoE) officials regarding potential interest rate hikes to combat inflation have bolstered the Pound. This has increased its attractiveness compared to the Canadian Dollar. Optimism on UK economy: Despite ongoing Brexit negotiations, positive economic data releases like...
Fundamental Perspective, Positives, 1. Low Debt 2. Good ROCE 3. Increase in FII/DII holding 4. Company with Zero Promoter Pledge Negatives, 1. Decline in Qtr net profit 2. Declining Revenue Technical Perspective, 1. Strong Momentum 2. Tringle Breakout 3. Volume Profile -Price is above POC 4. RS is Positive " MID Valuation Company with high...
After seeing a perfect retest of support at the .24-25 value zone, that marked a top back in October 23, we had an 80% bounce. Keep your risk situated for crazy volatility. Continuing the run further would see at least a test of the .55-.56 value area, though this may be a week or 3 away after coiling up for another spring board breakout during rotation. I'll...
Hello Traders, welcome to today's analysis of Gold. -------- Explanation of my video analysis: With the beginning of 2013 Gold started to form a major higher timeframe rounding bottom formation. After the breakout in 2019 we then saw a bullrun followed by the current consolidation. Gold is now forming an ascending triangle which could lead to a massive...
Hello Everyone 🙋🏽♂️ Breakout + resistance not breaking 💲 Entry Point : 1.27153 ✔️ Tp 1.23510 🔴 SL 1.28575 We are not...
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...