Descending Triangle

rauan rauan PRO GBPUSD, 30, Long , 2 hours ago
GBPUSD: Pound to continue strengthening above 1.2380
65 0 5
GBPUSD, 30 Long
Pound to continue strengthening above 1.2380
On daily timeframe GBPUSD has broken the upper line of descending triangle at 1.2370, above this line expect British Pound to strengthen further. https://www.tradingview.com/x/aBTUkiiA/ As marked on the intraday chart, GBPUSD may form the bullish impulse wave. Necessary condition for the pair is remaining above ...
WaveExpert WaveExpert PRO EURCHF, D, 2 days ago
EURCHF: Understand it First then Trade this Setup!
264 2 19
EURCHF, D
Understand it First then Trade this Setup!
Hello Guys, Lets take a look at EURCHF, If you look at 4h its currently in symmetrical form which expectedly going to turn into descending triangle. Now Here is a thing which you need to know, if it turn into DSC then it will have chances of breaking in both side, basically its a continuation pattern (commonly) but ...
MaxxPayme MaxxPayme PRO GC1!, W, Short , 2 years ago
GC1!: Weekly Gold chart - possible downside targets
290 2 5
GC1!, W Short
Weekly Gold chart - possible downside targets
Weekly close below 1181 brings 1097 then 1004 then 867 measured move target off of descending triangle consolidation pattern.
chartwatchers chartwatchers PRO XAUUSD, D, Long , 2 months ago
XAUUSD: GOLD - MAKE ACCOUNT GREAT AGAIN
11852 252 75
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 ...
ForexPortal ForexPortal EURAUD, 240, Short , 2 days ago
EURAUD: EURAUD Short
22 0 4
EURAUD, 240 Short
EURAUD Short
We have broken out of a descending triangle on the Daily chart and it seems like the bears are showing some strength which might push the market towards the significant zone/area. We won't be entering until Price Action has given us a clue to do so,we expect this to happen at the entry zone. NB: We have a lot of ...
HellaOP HellaOP NZDJPY, 120, Short , 3 days ago
NZDJPY: NZDJPY Short idea
34 0 3
NZDJPY, 120 Short
NZDJPY Short idea
Elliot's descending triangle.
AtoHoward AtoHoward LULU, D, Short , 4 days ago
LULU: LULU Descending Triangle Pattern
10 0 2
LULU, D Short
LULU Descending Triangle Pattern
Short-term trend for LULU with RSI confirmation @ 65 mark last week. High probability initial Target for $65 Secondary Target @ about $63.75
Phoroneus Phoroneus EURAUD, D, Long , 7 days ago
EURAUD: EURAUD - Easy Bounce
21 0 2
EURAUD, D Long
EURAUD - Easy Bounce
If this candle finishes with a strong bullish body, then I will be climbing in to ride a short bounce up. It looks slightly oversold, and the possibility of a bounce is high IMO. I will be updating with entry if I end up going long. Check Out Our Focused Forex Chat! https://atlas-trading.signup.team/
Rxbroker Rxbroker CLF, W, Long , 7 days ago
CLF: Great swing trade
20 0 2
CLF, W Long
Great swing trade
After a breakout on the weekly we tested the support level and now last week we had another breakout from a descending triangle
AtoHoward AtoHoward VNDA, D, 8 days ago
VNDA: VNDA Descending Triangle Pattern. Short (and Long) Opportunity.
23 0 4
VNDA, D
VNDA Descending Triangle Pattern. Short (and Long) Opportunity.
Simple probability set up. Triangle downtrend started in 11/2016 and VNDA has only been through one full harmonic trend (wave) ever since. Second wave downward move imminent with RSI confirmation @ 35 and bearish $13 target. However, aggressive long entry for quick profit ($15 bullish target) especially with ...
FaisalAlSawadi FaisalAlSawadi PRO EURAUD, 60, 6 days ago
EURAUD: To watch for a breakout from the descending triangle
47 1 6
EURAUD, 60
To watch for a breakout from the descending triangle
the pair under follow up to check the breakout from the descending triangle.
Taureau_Bull Taureau_Bull PRO SPU, D, Long , 9 days ago
SPU: Descending Triangle
12 0 3
SPU, D Long
Descending Triangle
A breakout failure on the 11th of Jan with high relative volume.
stephenleachman stephenleachman PRO ZMWCHF, 240, 6 months ago
ZMWCHF: MY TRADING PLAN (THE FOUNDATION TO MY TRADING)
2738 22 99
ZMWCHF, 240
MY TRADING PLAN (THE FOUNDATION TO MY TRADING)
This is a condensed version of my trading plan. I follow this plan faithfully every day, It is the foundation to my trading. I mentioned in my approach segment of this trading plan that I build my strategies based on the tactics within my playbook. All the tactics I use to build strategies I have listed here on ...
MihaiBot MihaiBot USDCHF, 120, Short , 3 days ago
USDCHF: USDCHF Bearish Long Term
39 0 5
USDCHF, 120 Short
USDCHF Bearish Long Term
- a bearish trend channel - a strong support and psychology support at the value of 1.000. - descending triangle showing up. In case the descending triangle is broken, there is another descending triangle with a support of 1.000. - main trend is bearish A potential target is 1.000, followed by a strong support at ...
MihaiBot MihaiBot EURUSD, 120, 3 days ago
EURUSD: EURUSD before Trump's speech & inauguration.
112 0 6
EURUSD, 120
EURUSD before Trump's speech & inauguration.
Bullish Scenario If USD is weak after the trump inauguration and speech, We might see a target of 1.0800. If it's closes over 1.0800 we might see a change of trend, a bullish eurusd. Bearish Scenario If USD is strong and it brakes the potential "bulish" trendline, we might see a pottential target of 1.01-1.03 ...
ArnaudKleinveld ArnaudKleinveld PRO EURUSD, 15, Long , 5 days ago
EURUSD: Not breaking the descending triangle
29 0 2
EURUSD, 15 Long
Not breaking the descending triangle
Looks like it's not breaking the descending triangle. Get ready for a reversal!
MihaiBot MihaiBot EURAUD, 240, Long , 5 days ago
EURAUD: Bullish Long term EURAUD
67 0 4
EURAUD, 240 Long
Bullish Long term EURAUD
The price has finished the 12345 Elliot wave. We can see a descending triangle, now I'm looking for a long to the target of 1.4140.
matfx matfx EURAUD, 60, Short , 6 days ago
EURAUD: Descending triangle
13 0 2
EURAUD, 60 Short
Descending triangle
As you can see, on the H1 interval, there is a descending triangle pattern, so I will go short, below 1,4126 level. See more ideas on Consilium Invest: https://en.consiliuminvest.com/traders/246-david-connor/ideas
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