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sergio.navarro.33865 sergio.navarro.33865 PRO CADCHF, 240, Long , 3 days ago
CADCHF: 3 ideas that can give us very good benefit
40 5 9
CADCHF, 240 Long
3 ideas that can give us very good benefit

Technical Vision: The pair is developing a correction in the larger Time Frame, In H4, after a first impulse is developing an upward continuity pattern, it is probably a contractive triangle. This triangle is near completion and the price will continue to rise. Sell and buy according to the action of the price, you have 3 good alternatives and try to take ...

Libeloo24 Libeloo24 PRO AUDUSD, 60, Short , 15 days ago
AUDUSD: AUD/USD - Short Term SELL - Bearish Breach Scenario
61 0 6
AUDUSD, 60 Short
AUD/USD - Short Term SELL - Bearish Breach Scenario

AUD/USD is about to finalize a Contracting Triangle within Subminuette Wave x and should trigger a Bearish Subminuette Wave y in order to finalize the wxy Complex Structure in Minuette Wave (iv). In other words, a Breakout is approaching. There is also a Harmonic Bearish Pattern present within the Contracting Triangle. Short Position: Entry - 0.76650 SL - ...

revolutionman revolutionman PRO GOLD, 60, Long , 2 days ago
GOLD: Gold will see this year 1.400 - 1.500 !!!
58 0 4
GOLD, 60 Long
Gold will see this year 1.400 - 1.500 !!!

Hello I think the maret is bullish for the next 2 years !! At 1.234 I was going short and it was a mistake. The market moves back and you can see the two bullish flags and the triangle. So at 1.236 I was going long. This year we will see 1.400 - 1.500 !! My first buy in - One Contract at 1.172 / Second buyin 0.5 contracts at 1.236 I will make no changes this ...

FxWirePro FxWirePro PRO GBPUSD, 240, Short , 4 days ago
GBPUSD: GBPUSD: Contracting triangle pattern
331 1 13
GBPUSD, 240 Short
GBPUSD: Contracting triangle pattern

Major intraday support - 1.23800 (Feb 15th 2017 low) Major Resistance – 1.2505 (trend line joining 1.25820 and 1.25482) Cable has once again declined after making a high of 1.2480.It is currently trading around 1.24078. On the lower any violation below 1.23800 will drag the pair down till 1.234500 (50% retracement of 1.19860 and 1.27060). Any break below ...

jaco.fin jaco.fin PRO GBPUSD, 60, Long , 3 days ago
GBPUSD: GBPUSD Breaking Structure and waiting for that flag
24 0 5
GBPUSD, 60 Long
GBPUSD Breaking Structure and waiting for that flag

Breaking up the contracting triangle, I am seeing more clearly how this complex structure developed. I am looking at the last impulse up as the (W)-wave with the correction making a (X)-wave down, the (Y)-wave making its own structure that then broke the triangle (but not yet completed the (Y)-wave. This does not mean blindly entering a trade on the breakout, ...

EsmailBoumrah EsmailBoumrah GBPUSD, 240, Short , 4 days ago
GBPUSD: Possible contracting triangle
39 0 5
GBPUSD, 240 Short
Possible contracting triangle

aim for 1.2265

TPittard TPittard AUDCAD, 240, Short , 5 days ago
103 0 11
AUDCAD, 240 Short

Morning traders! 4H Chart We have an outstanding Risk/Reward ratio here! This is one of my favorite setups when the markets are contracting. Currently I have an "DECENDING TRIANGLE" with a " BEARISH WOLFE WAVE" confluence. There are pattern formations inside of pattern formations. Depending on your skill, understanding confluence as a trader becomes more ...

Toscana Toscana AUDCAD, 60, 11 days ago
AUDCAD: Price contraction here
15 0 4
Price contraction here

AUD/CAD trades in a range on daily, more locally I would watch this triangle. Might give some good good entries and more then that - might show a direction for future

calculus_plus calculus_plus PRO DISCA, 60, Long , 19 days ago
DISCA: DISCA Contracting, possible BUY.
11 0 0
DISCA, 60 Long
DISCA Contracting, possible BUY.

This trade may be difficult to enter, but if it sets up right we can a good trade. I am waiting for a break from my triangle lines, expecting that to happen around or near Earnings Release.

TradeItSimple TradeItSimple USOIL, D, a month ago
53 0 7

TVC:USOIL The price has been trading in a tightening triangle/pennant range for the past 2 months. I am more bullish here as the prevailing trend is up and the support stronger because of the rising gap from the last week. I am looking for a break above 54.00 to target the 61.8% and 100% breakout targets around 56.85 and 58.70. A downside break below 51.05 ...

LaiptaiCervinskas LaiptaiCervinskas AUDUSD, D, Short , a month ago
167 4 7

Hello fellow traders, Its been intense period for trading. I have came with an interesting trading idea. The idea is that we already have a triangle - a structure before final move. And now 123 to the down side and a sharp 123 up. Unfortunately it is not 5 wave move to the down side - easy story. So at this point it still can be movement to the down side - Ending ...

goodguy goodguy PRO SLV, D, 2 months ago
SLV: SLV: Silver Updated target and posible course.
92 0 5
SLV: Silver Updated target and posible course.

Often after a long term bullish rise (as occurred in silver upto 2011) there is a slow time of consolidation from the overbought condition before the next and often final burst up. Sometimes this takes the form of triangle (contracting or expanding). With that in mind I thing we may be going to form a multi-year side ways triangle in silver. Just a guess. If this ...

ew-forecast ew-forecast PRO GBPNZD, 180, 2 months ago
GBPNZD: Elliott WaveAnalysis: Complex Correction On GBPNZD Points Higher
603 1 10
Elliott WaveAnalysis: Complex Correction On GBPNZD Points Higher

On the 3h chart of GBPNZD we are looking at a part of a higher degree three wave rise taking place, with price currently trading in final stages of a triangle correction in wave (e) of b-circled. If we are on the right track, then some gains may follow in sessions ahead. A breach above the waves (d) and (b) trend line would be a confirmation for a completed ...

elyte elyte USDOLLAR, 60, Long , 2 months ago
USDOLLAR: Dollar Index broke out of a contratcing triangle upside.
14 0 6
Dollar Index broke out of a contratcing triangle upside.

#USDX dollar-index broke above a contracting triangle above 1260 important level. Bullish continuation to 1270 is expected. Dollar strength against other currencies is expected to continue.

mousasaud mousasaud PRO USDJPY, 120, Short , 2 months ago
66 0 6
USDJPY, 120 Short

In 2H chart;complete contracting triangle and continue impulse rally. In 15m chart;complete impulse wave, so breakout 4th wave is confirm to finish rally and change a direction to down to 109 area.

donaldsaw donaldsaw EURUSD, 15, Long , 2 months ago
EURUSD: Short first then Long for a Lonnnnnnnggggggg time!!
353 0 9
EURUSD, 15 Long
Short first then Long for a Lonnnnnnnggggggg time!!

Elliot Wave theory states that a triangle is signifying a terminal move and in the case of EURUSD, we have seen complete contracting triangle which started back in March 2015 and a completion of that triangle at the announcement of the US elections back in Nov 2016. Current wave: Wave 5 of 5 with wave 1, 2 and 3 complete with the wave 3 extending to 1.618%. Next ...

VladimirMendoza VladimirMendoza PRO GC1!, 60, 3 months ago
117 0 4
GC1!, 60

Thursday 24 and Friday 25 are KEY DAYS for REVERSAL BREAK UP. You can OPERATE previous UP and DOWN... and after take advantage with the BREAK of pattern. The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In ...

yauger yauger PRO BK, W, 3 months ago
BK: A good proxy for the Banks
7 0 1
A good proxy for the Banks

it appears Bank of New York is heading for new high. For the very very big picture not shown here, we can see that from its all-time high printed in 2001, BK has only declined in a very choppy overlapping manner highly suggesting it is a counter trend move telling us eventually BK will move above 62. Now the question is are we going there right now or we are going ...

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