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...
POWR seems to playing a triangle in weekly time frame and it can reach 0.22$ area in coming weeks. If you are willing to buy some I hope that zone is perfect. DYOR. Invest what you can afford
Economic Data: US Non-Farm Payrolls (NFP): Released on Friday, January 6th, the NFP report showed stronger-than-expected job growth, potentially raising concerns about inflation and future interest rate hikes. This could push investors towards the safe-haven gold, providing it with some support. US Consumer Price Index (CPI) (Jan 11, 2024): Inflation...
CMP 152 SL 136 TARGET 190 Consolidating in range 120 -154....will be box breakout above 154 also formation of higher lows and after falling from 151...so range getting compressed and small...also ascending triangle pattern visible ....therfore can be good risk reward ratio here.. keep quantity small and increase after 154 breakout...
Will Bajajfinserve breakout from here or will respect Triangle All levels are marked on the chart. This is not a buy or sell recommendation, viewer are requested to take the advise of their financial advisors before any trade execution. Regards
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.
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.
#RCE • monthly chart analysis • budget session: this stock is in focus • breakout 2008 high level • 15-year breakout in chart • 2008 volume build-in chart but global crisis hit stock badly • ascending triangle pattern breakout • 2022-2023: massive volume in chart • this volume helps to breakout chart 🐂 • Target and Stop losses mentioned in chart • we never...
Hello Everyone. Triangle breakout 💲 Entry Point : 1.07905 ...
Hello,Traders! EUR-CAD has formed a Giant bearish triangle Pattern so we are Bearish biased and IF we see a bearish Breakout then I think We will see a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
ULTRACEMCO - Has a Very tight Squeeze and if there is any BO to the upside we could expect for an Continuation of the rally. This can give a move of 4-6% in a couple of week - IF THERE IS A CLEAR BO WITH HIGH VOLUME'S
Hello Everyone 🙋🏽♂️ Triangle Pattern 💲 Entry Point : 1.90228 ...
Hello Everyone 🙋🏽♂️ Triangle analysis 💲 Entry Point : 0.57655 ...
We are considering two scenarios for the SOL/USDT pair. After reaching the $68 level, the asset's price dropped to $51.08. At this point, there was a successful test of a strong inclined support level, followed by a confident rebound. Currently, due to the decline, an inclined resistance level has formed. First Scenario: Upon the third approach to the...
dec 6/12/23 swing trade perfect symmetrical triangle long term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
This stock had previously bounced off with good volumes from the constant upward rising demand zone and it has done the same from the same zone on Tuesday's trading session. 24000 is a good support area for the stock and the reversal point of 23883 is an important low to be considered if the current uptrend is to be held. On the upside the 24500 zone is the...
Pair just hit a two years old resistance. I'm opening a small short position and I will add if price action confirms the rejection: a double top or some other bearish pattern on lower timeframes. SL above the next resistance. This could be the beginning of a bearish triangle if the pair breaks down the 0.94 support. But let's see how it goes first.
Recent price movement that has not been able to break above the downward-sloping resistance (upper side of triangle formation) line or fall below the local support area (lower side of triangle formation) shows that markets are getting weaker! Recent trading sessions have been characterized by multiple sell-offs, suggesting that bears may be gaining strength....