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...
The stock has broken a Triangle pattern with 10x volumes. Currently its at retracement price of 2543. 1st Target of 3798, 2nd Target of 4744
1. Price Performance: NYSE:PLTR has demonstrated a consistent upward trend, yielding over 10% gains since September lows. Notably, the stock has established higher lows, indicating a potential bullish trajectory. 2. Technical Analysis: The stock is currently approaching a key point, poised to break out of a triangular formation. Safe traders may opt to await...
DRAX broken out of a bullish triangle this week. Bearish in my book. Expect retest at around 548. PS: This could also be a false breakout. This is not a recommendation to trade. Do your own research and make your own decisions.
Bitcoin (BTC) is currently charting a distinctive path within a substantial ascending channel on the 4-hour timeframe. The market has recently witnessed its third notable reaction near the upper boundary of this channel. Amidst this, a symmetrical triangle pattern is emerging, setting the stage for a potential breakout. The significance of this pattern intensifies...
We had a very sharp beginning to the week and a day, but we are aiming here for something like that movement. We want to see more of a sideways movement and further breakdown from local support, resulting in a further movement to major support, of course! Swallow Team
See the video, Everything is explained there. As you can see in the analyze we expect a huge pump for MATIC in the coming month.
On the 4 hr chart: Breakout on 3rd November and retest on the 9th November, backed up by some above average buys on 7th and 8th November too. In the next few days, will it pull higher? Wait and see.
Is Bitcoin having is first major breakout of 2024? Here we can clearly see a classic bullish triangle breaking out to the up side. When the triangle is measured to its center split and the profit target is calculated I'm getting $46138.06 before finding some resistance. Watch for a confirmed breakout pullback continuation pattern to the upside.
Hello Everyone. Triangle breakout 💲 Entry Point : 1.07905 ...
Stock testing to breakout Stock at major supply area Volume addition in stock Beautiful pattern breakout Stock retest it's supply zone No recommendation for buy and sell