Descending Triangle

Wave-Trader Wave-Trader TOP EURUSD, 240, 12 hours ago
EURUSD: Entry and Stop placement on Trend continuation patterns
825 11 37
EURUSD, 240
Entry and Stop placement on Trend continuation patterns
Hi fellows, Many people was requesting entry and stop placement on trend continuation patterns so i decided to post this stuff so that they can understand how we place trade based on trend continuation patterns Using following trading strategies These trading strategies have a one condition and that is there must ...
Buzthewhite84 Buzthewhite84 USDJPY, 240, Long , 16 hours ago
USDJPY: USDJPY 4H long trade idea: yes or no?
40 0 1
USDJPY, 240 Long
USDJPY 4H long trade idea: yes or no?
Hi all I'm just looking for some feedback. I picked up a ascending triangle pattern on closer inspection of what looked like a bear trap. My idea is to enter the trade at the retest of the S/R breakout, however I also feel that a trap is in play and may lead to a bearish reversion. Am I correct for having a ...
Abraham Abraham AUDUSD, 30, Long , 2 days ago
AUDUSD: ASCENDING TRIANGLE
30 4 2
AUDUSD, 30 Long
ASCENDING TRIANGLE
Nice Ascending Triangle to complete the week!!
mrezaei mrezaei LLY, 60, 2 days ago
LLY: Possible Move
24 0 3
LLY, 60
Possible Move
We have NYSE:LLY stuck in a triangle. The tip of the triangle and falling volume indicate that we should have a breakout in a couple of days. In my opinion, it is highly likely that the price will break down. Anyway, we have a chance of $4.8/share profit in here, lets see.
TornAyro TornAyro AUDUSD, D, 2 days ago
AUDUSD: AUDUSD Double Trades
29 0 2
AUDUSD, D
AUDUSD Double Trades
AUDUSD has broken down from the ascending triangle. I predict it will retrace back up to retest the resistance, and rollover downwards.
BobVanders BobVanders DJI, D, Short , 2 months ago
DJI: Triangle Break - Dow Jones Cash Daily
397 0 10
DJI, D Short
Triangle Break - Dow Jones Cash Daily
You can see a triangle formed on the uptrend from february, now broken. We also broke from an extended inside bar consolidation (yellow channel). If short from higher there's a good case to keep something on the table here. If not, a break of 18k should offer a pull back and retest as resistance. If that holds ...
moorekapital moorekapital PRO USOIL, W, 9 days ago
USOIL: CRUDE MEANS BUSINESS
97 0 8
USOIL, W
CRUDE MEANS BUSINESS
Head and Shoulder Bottom --- awaiting completion. Right shoulder completion = completes the ascending triangle plus the HnS Bottom simultaneously. Trading it as per plan. Earlier shorting idea looks nullified--- awaiting completion of the above thesis to reverse course. Currently flat ...
moorekapital moorekapital PRO USOIL, D, 20 days ago
USOIL: MULTIPLE SETUPS SAY SHORT---Sankofa Conservative,DT MTR, HnS Top
236 2 7
USOIL, D
MULTIPLE SETUPS SAY SHORT---Sankofa Conservative,DT MTR, HnS Top
-Sankofa conservative short sees a 2R target at 40.37 -HnS Top(if successful) sees 34.5 -DT MTR sees BOL as initial hurdle -3P PB BOTTOM to NPAUS from Doha lows(26.03) to BX = One more leg down expected near or on dashed line from left to right. Would be wise to step down on 240minutes , or 60minutes charts for ...
moorekapital moorekapital PRO CHFAUD, W, 2 months ago
CHFAUD: 11 Months Descending Triangle
50 0 4
CHFAUD, W
11 Months Descending Triangle
Trading as per rules of engagment in trading plan. The wedge bear flag within TR went down so good, offering a decent gain in under 5 dayshttps://www.tradingview.com/chart/AUDCHF/OxH1mH0q-WEDGE-BEAR-FLAG-IN-TRADING-RANGE/
moorekapital moorekapital PRO USDCAD, W, 2 months ago
USDCAD: Test Of BX ---Ascending Triangle To Launch
105 2 9
USDCAD, W
Test Of BX ---Ascending Triangle To Launch
Patience Patience Patience! Be deliberate bout it. Well, what if it happens the other way....? Whilst I dont see that coming, I wont be stupid to stick to ego A year ago....https://www.tradingview.com/chart/USDCAD/i9b7tN6O-USDCAD-THINK-BIG/
BD_Trading BD_Trading GBPNZD, 240, Short , 4 days ago
GBPNZD: GBPNZD Possible moves
40 0 5
GBPNZD, 240 Short
GBPNZD Possible moves
Since there is divergence and after breaking some strong resistances it doesn't give strong signs to the upside I expect some move down. It can reach 61% fib and go from there or reach the bottom of possible broadening triangle pattern.
Trader1N Trader1N PRO CL1!, D, Long , 5 days ago
CL1!: Long after breakout of ascending triangle
100 0 4
CL1!, D Long
Long after breakout of ascending triangle
See description on chart
abdulsalamlaode abdulsalamlaode EURAUD, D, Short , 11 days ago
EURAUD: Potential Descending Triangle//Continu Downtren
27 0 2
EURAUD, D Short
Potential Descending Triangle//Continu Downtren
If Support Breakout, Good Entry for SELL
spacetrader spacetrader PRO BMW, 240, Long , 19 days ago
BMW: Ascending triangle / wedge play
175 1 2
BMW, 240 Long
Ascending triangle / wedge play
Longing this with btc at 1broker. I think a tight stop here is good for good R/R. Could break out this bounce, maybe next. Stop below monthly pivot & the support level there, several targets marked based on pivots closest to triangle scaling, flag scaling, and wedge scaling.
Thinkb4trading Thinkb4trading CA, M, 2 days ago
CA: ascending triangle
6 0 2
CA, M
ascending triangle
forming a hammer on the monthly, trend is up.
BuyBitcoin.WS BuyBitcoin.WS BTCUSD, D, Long , a month ago
BTCUSD: Bitcoin Megabull Cycle - Resumes December 7-8
2945 19 24
BTCUSD, D Long
Bitcoin Megabull Cycle - Resumes December 7-8
My last few charts failed to pinpoint the exact Bitcoin top. Their were several potential tops at $680, $715, $750-760 to consider from. In the end Bitcoin formed the exact ascending triangle(s) we had seen in the $465 - $360 range. This pattern is not new for Bitcoin, as a matter of fact, the same ascending ...
pablo82 pablo82 USDRUB, 240, Short , 3 days ago
USDRUB: TRIANGLE PATTERN
84 0 7
USDRUB, 240 Short
TRIANGLE PATTERN
Details on chart.
jennhong1992 jennhong1992 USDCAD, 15, Long , 2 days ago
USDCAD: small trade on 15 min chart
65 2 4
USDCAD, 15 Long
small trade on 15 min chart
you can see a ascending triangle, sell limit where the target is
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