Descending Triangle

igpromotings igpromotings PRO EURUSD, 30, Short ,
EURUSD: EUR/USD Descending Triangle Breakout!
119 0 10
EURUSD, 30 Short
EUR/USD Descending Triangle Breakout!

Good morning, Descending triangle has been identified via EUR/USD. Price is seriously respecting 1.11736 support level, price has retested this level three times. Price action is also consecutively creating lower highs. In the coming days I'm expecting price to increase and find resistance as well as consolidation around 1.12010 - 1.12090. Based on historical ...

zakmetmoes zakmetmoes BTCUSD, D,
BTCUSD: two possibilities for bitcoin
84 0 2
BTCUSD, D
two possibilities for bitcoin

my previous chart was about bullness of bitcoin on 1hr tf candles. this chart is more for the next few weeks. nobody can predict the future trend of bitcoin, but this chart definitely makes it look bearish. there are two options in my opinion. or, we follow the descending triangle which could launch us back into the ressistance sphere which we would then break ...

As_Is_Here As_Is_Here NATGASUSD, D, Long ,
NATGASUSD: NATURAL GASS REPEATING STRUCTURE
94 0 9
NATGASUSD, D Long
NATURAL GASS REPEATING STRUCTURE

I have previously posted an update on natural gas plus a long on going trade which already gave us a lot of profit from target 1. I have also notice the importance of 3,5$ per MMBtu for extra push to the upside read the articles below. TECHNICALLY WE CAN SEE THE HEAD AND SHOULDERS PATTERN,THE FIBONACCI LEVELS,THE ASCENDING CHANNEL,THE BIG TRIANGLE ABC. WE ALSO ...

SpaceCock SpaceCock PLATINUM, D, Short ,
PLATINUM: Platinum @ 800
14 0 4
PLATINUM, D Short
Platinum @ 800

As the price has tried to push upwards this year but has met resistance at fib levels and so forming a descending triangle pattern this year (or at least a descending channel, not drawn here). The price has been performing in a bearish KUMO area since march and I do believe that we wont be seeing any higher prices going much over 950-960 in near future (KUMO and ...

bagofXMR bagofXMR BELABTC, D, Long ,
BELABTC: BELA long setup + upcoming positive events
577 7 13
BELABTC, D Long
BELA long setup + upcoming positive events

After my last successful venture in low-cap coins (Peercoin, you can see the idea in related ideas) i'm now into a new low-cap coin (~4.5M usd). This time is BelaCoin. Belacoin is a project announced in late january 2014. It is a litecoin fork with Scrypt mining algorithm. But Belacoin tries to do something different to most of other cryptocurrencies, and has ...

jahod jahod GBPJPY, D, Short ,
GBPJPY: GBPJPY SHORT
54 1 9
GBPJPY, D Short
GBPJPY SHORT

Descending Triangle On Daily TF. Also In A Critical Zone

anyskill anyskill ETHUSD, 120, Long ,
ETHUSD: ETH, an Elliot Story
1204 15 31
ETHUSD, 120 Long
ETH, an Elliot Story

ETH has been on a descending trend for some days now. Quite nice to catch the dips but i suspect a trend reversal soon. Spotted a descending triangle wave pattern with a last wave at the bottom of the triangle which suggest a bull market. Let's see how it plays out. Safe entry when the triangle break upwards. This is not a trading advice, just a personal TA and ...

kramanathan kramanathan ETCBTC, 240, Long ,
ETCBTC: ETCBTC - BREAKOUT -Short term 75-100% upside - go LONG
832 0 11
ETCBTC, 240 Long
ETCBTC - BREAKOUT -Short term 75-100% upside - go LONG

ETCBTC ETCBTC in its last run topped around 0.0058 and retraced to nearly 0.0029 (down 50%) for a healthy correction. Ever since there has been huge accumulation between 0.0030 and 0.0035. In the last 24 hours, we have noticed a breakout from its 'perfect' descending triangle formation and is expected to zoom past its previous high of 0.0058. Thus from current ...

iorek65 iorek65 NZDCAD, W, Short ,
NZDCAD: NZD/CAD Descending Triangle on Climactic Action Weekly Chart
29 0 2
NZDCAD, W Short
NZD/CAD Descending Triangle on Climactic Action Weekly Chart

The NZD/CAD has been in uptrend on the weekly and monthly charts for quite some time. What we see now is a head and shoulders pattern followed by a morph into a descending triangle (additionally, on the daily chart the head and shoulders pattern that is formed there as a "subpattern within the larger pattern" has a lower right shoulder than its left shoulder ...

CryptoJBiV CryptoJBiV PRO XRPBTC, 15, Long ,
XRPBTC: XRP Triple Bottom? New XRP ATH incoming possibly?
529 4 12
XRPBTC, 15 Long
XRP Triple Bottom? New XRP ATH incoming possibly?

XRP has now bounced off the 0.0001 - 0.00012 area three times. We are also at about 95% completion of the descending triangle. TA would state that descending triangles break downwards ... however in a highly manipulated market such as crypto-currencies I feel bold enough to call a black swan. My thought is that XRP will rally in next 14-21 days and set a new high ...

glennmercer glennmercer PRO USDCHF, 30, Short ,
USDCHF: USDCHF Short:  Descending Triangle
133 0 9
USDCHF, 30 Short
USDCHF Short: Descending Triangle

Hey traders, here's a breakout pattern on dollar swiss cross. Short is active with 1:1 B/E level and target at .786 fib.

chartwatchers chartwatchers TOP XAUUSD, D, Long ,
XAUUSD: GOLD - MAKE ACCOUNT GREAT AGAIN
12092 257 79
XAUUSD, D Long
GOLD - MAKE ACCOUNT GREAT AGAIN

I told you a week ago there is a big chance this is going to be a second Brexit event... I got a lot of attack again but at the end of the day it was a nice long trade , and it is still a nice long trade. I'm hunting for big gains. I'm not interested in the short term 5-10$ gains in gold. This vehicle is so volatile that more often than not you lose if you try to ...

alain7 alain7 PRO ETHUSD, 15, Long ,
ETHUSD: Bullish triangle is formed
196 0 9
ETHUSD, 15 Long
Bullish triangle is formed

Descending triangle short term bullish continuation

BrightHillResearch BrightHillResearch CC3, D, Short ,
CC3: CC3 Starhub Bearish Setup
2 0 7
CC3, D Short
CC3 Starhub Bearish Setup

-Descending Triangle, continuation pattern. -Price satisfaction at 2.155

BrightHillResearch BrightHillResearch EURGBP, D, Short ,
EURGBP: Possibly big move incoming for EURGBP!
39 0 4
EURGBP, D Short
Possibly big move incoming for EURGBP!

-Add shorts along upper downtrend line. -Price satisfaction is yields a very decent risk to reward ratio. -Cut loss once it hits green line, most likely pattern will be invalid if it hits the green line. -BEARISH BIAS!

reignforex reignforex AUDUSD, D, Long ,
AUDUSD: AUDUSD : Aussie Go Long !
82 0 7
AUDUSD, D Long
AUDUSD : Aussie Go Long !

AUDUSD : As per my previous analysis it showed a downward momentum in AUDUSD pair inside its Ascending Triangle on 1D chart confirmed by the breach of its Descending Triangle on 4Hr chart. Accordingly it's completed the Bearish leg and tested the lower low at 0.73300 on its Support Level and now it shows a Bullish Trend starting closer to 0.236 Fib Retracement ...

Alec40 Alec40 PRO DJI, D,
DJI: Why The Recent Gaps in the DOW May Fill!
73 0 7
DJI, D
Why The Recent Gaps in the DOW May Fill!

We have had 2 massive gaps in the Dow recently and now price seems to be following through and moving higher. As I have stated in previous ideas, I do believe the Dow is going to head higher over the months ahead so long as we don't get a black swan event. With that said, I am still cautious right now. As you can see on the Chart above, The Dow was forming a ...

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