On the H1, XAUUSD has formed a descending triangle pattern, and the price is squeezed to support corresponding to 161.8 Fibonacci. The indicators do not give clear signals, making considering two possible scenarios necessary. 🔽 If the bears push the Gold below the support at 2415, the downside target will be 2395; 🔼 However, if the upper trend line is broken, the...
Consolidation range suggestive of ascending triangle or abstract inverted head and shoulders entry: accum when confident, add on breakout exit: 1.618 + measured move 711-771 stop loss: support breach 560 NFA
BINANCE:APEUSDT forms a conglomerate of patterns, the realization of which can lead to a trend change or forging rally. A bear market may change to a bull market The coin has found a bottom by forming a strong pattern. Consolidation is forming, but local prerequisites give an opportunity to the growth of the coin. On the local timeframe the price broke the...
- The 1hour ascending triangle chart pattern for NVIDIA indicates an upward trend. - An uptrendline from $889.38 rejected the price at $917.77 after retracing from $958.58, which currently serves as resistance. - The price continued upward after the rejection and is now around $953.77. - If the uptrendline rejection holds, the price is likely to rise to the...
Reasons for bullish bias: - Ascending triangle breakout - Price broke All time high - Strong resistance breakout Here are the recommended trading levels: Entry Level(CMP): 100.40 Stop Loss Level: 91.77 Take Profit Level 1: 109.03 Take Profit Level 2: 117.66 Take Profit Level 3: Open
We can attempt to buy ATIL from specified level as it is trading in symmetrical triangle pattern (continuation pattern ) , also there is no bearish divergence at current levels. SL , TP mention in chart.
Weekly chart: Triangle formed with 2 or more touches to both its upper and lower lines. Early breakout too and could signal a rise to 587. However, if this goes to form, it will retest the upper triangle line at 339 before heading higher. WARNING: This is not trading advice and just my own technical analysis. Do your own research and trade your own rules.
Dear Traders, We are convening a discussion focused on #API3usdt THE Symmetrical Triangle Breakout Has Already Done ✅ So,I am Expecting a Bullish Move of 100% 🚀😉 Regards: 🦋AnnaTradeCharts🦋 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT CRYPTOCAP:PEPE CRYPTOCAP:DOGE ...
Our bias is for the US dollar index to rise to 105 over the near-term. The daily chart respected trend support from the December low, and the 4-hour chart shows a small ascending triangle which implies a break above resistance. Out of the FX majors, USD/CHF looks ready to break above resistance and lead the dollar broadly higher. Bears could also consider a short...
LICI formed a triangle pattern on daily chart. Multiple support and resistance levels were tested with aggressive buyers seen in the last swing before the breakout. Also there was a spike in volume on breakout day indicating strong buyers out there. Stop loss can be held just below the breakout candle with target the width of the broader triangle. Risk reward is...
- Technical analysis of the 1hour symmetrical triangle chart pattern for BTCUSD indicates a loss of momentum in both the downtrend and uptrend movements, suggesting a higher probability of a new trend emerging. - An uptrendline drawn from $66,758.35 rejected the price at $69,101.30 after retracing from $71,972.43, with the current price around $69,973.02. - A...
- Technical analysis of the 1hour symmetrical triangle chart pattern for EURUSD indicates both the downtrend and uptrend are losing momentum, suggesting a high probability of a new trend emerging. - An uptrendline from 1.07659 rejected the exchange rate at 1.08427 after retracing from 1.08951, and then continued upward to the current exchange rate of 1.08574. -...
NASDAQ:AMD Could go either way as we head into NASDAQ:NVDA earnings later this week.
MYEG strong support would be at 0.900 +/- if there was a triangle forming. Even EPF have "pull out" as 1 of major share holder BUT ChatGPT (copilot) still giving 1.33 for its intrinsic value.
Hey guys! At this very moment, we are in the middle of almost everything so you don't want to get caught on the wrong side of the trade. Better be safe than sorry. Having said that, here's my idea about what we are looking at right now. 1) There's a channel marked by green lines as shown in the chart. If you can see this, you'll notice whenever price touches...
BNB/USDT has displayed a bullish consolidation pattern and is now poised for an upward breakout. A buy stop order is set at 625 to capture the breakout from this consolidation, targeting a favorable risk/reward ratio of 1:2. This strategy anticipates a significant upward movement as BNB/USDT aims to reach higher resistance levels. Monitor closely for the...
Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. The interesting technical pattern forming for ETH on the 4-hour timeframe. The price appears to be consolidating within a descending triangle pattern. If a confirmed breakout occurs above the upper trendline, it could signal a potential price...
This chart screams bullishness. We are just a few weeks max from the apex of this symmetrical triangle on the xrpusd weekly chart and we are also about to have a weekly golden cross(where the orange line goes above the blue line) Doesn’t take a TA expert to see on this chart what tends to happen when this weekly Goldencross occurs on xrp. Obviously this isn’t...