Its a top performing stock in this sector IRCON International Limited, commonly known as IRCON, is an Indian government-owned engineering and construction company. It specializes in infrastructure projects such as railways, highways, bridges, tunnels, airports, and buildings. IRCON was established in 1976 and is headquartered in New Delhi, India. As a...
When a " W " (Double Bottom) Pattern fails to break out bullish, then we are looking for the ascending triangle bullish or bearsh scenario!!! Personally i believe we are gonna see a bearish breake down of the Triangle to visit and test the previous Lows! The POC is sitting exactly on the Neckline of the previous W !
Big symmetrical triangle forming on TSM - Buyer volume starting to pick up again relative to seller volume - EMA's are all starting to curl upwards (not pictured) - Bollinger Bands are squeezing - Will be looking for a breakout at the end of this triangle (broader market conditions permitting)
From a purely technical perspective this is beautiful. Another classic hight time frame ascending triangle with HTF extended fibonacci levels matching PERFECTLY with the weekly all time high at $11.07. Add in the fundamentals behind Voyager: Publicly traded -Announced $46,000,000 raised on 1/21/2021 -Undergoing a possible additional $75m INSANE...
Look for a breakout of the bullish triangle
On the hourly chart of USDCHF, a bullish triangle pattern has been formed within wave B. Expecting the price to start a bullish trend in wave C.
USD has been in a bear trend against ruble since March, it formed a topping pattern as a descending triangle and started a bear trend. since then it made another defending triangle as a bearish continuation pattern and broke down from it the target of that large triangle is around 68$. its currently completing another small descending triangle with a target around...
Hello Traders, USDJPY has formed a descending triangle now. Most of the time, price will eventually break the support line and continue to fall. If price break the support line we will be looking for a short position targetting 104.50 - 105.00 monthly key level area. Good luck! Thank you for your support! Forex42 // If you like trade my ideas please push...
GBPUSD is forming Head and Shoulder on third Elliot's wave. Nice short opportunity 🦐
Hello Traders! ,.. this setup quite interesting, honestly we can go to both directions, either up or down we need to wait for the price to breakout its support or resistance level. Plan : support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc -->...
Watch the Canadian dollar for strength if it breaks out of a triangle pattern on the Canadian Dollar Index chart (index against EUR, USD, GBP, AUD, CHF, JPY). The Canadian dollar index has outperformed the Australian dollar and New Zealand dollar indexes over the last 1, 2, and 3 (shown) years. On the flip side, a downside breakout of the triangle would indicate...
A confident and sharp growth of Bitcoin's value this summer brought most cryptocurrency holders to a bullish mood. However euphoria finished with a last parabolic wave on 26th of June. Further price action formed a standard for Bitcoin triangle which unfortunately was broken down on the 24th of September (Point I at the chart). Further an ascending broadening...
GBB/USD price has broken out of its triangle consolidation yesterday. RSI bullish divergence increases the probability for a valid upside move. If break out is valid, price could reach all the way to resistance level 1.32600. Read more...
Intel was able to get out of its bearish triangle with high volume, looks like it could be ready to start a new uptrend.
Key points: -USD (DXY) weakening needed -Bond yields capped (US 10yr below 3-3.1%) - negative risk sentiment
At the end of this triange, death cross will occur.
OmiseGO is entering a buy zone. Watch the ascending triangle and volume for potential entry. It also has a little bit of a "cup" pattern. The 0.618 retracement is around 20K satoshi, so this is an important level to watch if you buy on the 17K break. A soft rejection here should be expected, but a sharp rejection would signal the major bearish trend is still in...