Ascending Triangle

Akil_Stokes 1807 views ・

One of the pairs that we covered in today's Trading Edge series was the AUDJPY. At the time it was setting up a breakout pattern called an ascending triangle which would give us a projected break to the upside. As I type this the breakout is still in progress, but that doesn't mean that the opportunity to get involved isn't. There are a few different ways to...

Akil_Stokes 398 views ・

Here on the GBPCAD we have what is called an ascending triangle pattern. This is a pattern where price action has continued to make equal highs on the top side, yet higher lows on the downside signifying a break that is more likely to occur in the bullish direction. Akil For the video version of this setup, you can watch the youtube video titled "The Importance...

TradingV2 82 views ・

This is a tricky one, my brain tells me I shouldn't be risking a long here seeing that huge wick on the upside, however, my gut tells me we can see one more move towards 7750-7800 in next 2-3 days that's still 7% move without leverage So I am risking a Long at current levels, I am using only half of what I usually use as...

RomanSanetrik 129 views ・

RCN/BTC is located at the end of the Ascending Triangle graph formation. In the coming hours I expect BreakOut from this formation, probably upwards. I will write here only important price levels that need to be monitored. Buy Zone 630sats to 600sats and we are currently in it. Stop Loss 515sats goes below the bottom of the trend. Take profits as always are more...

XForceCrypto 249 views ・

X FORCE CRYPTO ANALYSIS: We have seen an extreme move downwards after a huge phase of consolidation. Although many people have their eyes on 8.5k, technicals indicate that there is potential for a bullish reversal at these levels. Let's take a look at the bullish arguments: Bullish Scenario - We are seeing potential signs of reversal on the hourly chart,...

Cekaj 68 views ・

Price is currently around the 2009 and 2016 lows (very important lows, especially considering the significance of those 2 dates). It is now in the process of forming an ascending triangle (currently on what could be the 5th and last touch of the pattern boundary. I will enter this trade if the breakout occurs. I am not interested in prepositioning myself because...

ProTrades1Crypto 75 views ・

IOST is in an ascending triangle formation . We can see a safer buy Range laddered from 80-75 Sats. LADDERED. This is the green shaded triangle. The red shaded triangle is a breach of support and will initiate a stop loss. Tan box is potential price gain from breakout up to 100 sats. Follow me for more

Crypto_Gardener 16 views ・

Seen BCPT with a bullish pattern on the hourly but on the weekly and daily its been consolidating, few years ago was couple amazing trades low supply really volatile, looks to be a good trade here.

NikaJourney 64 views ・

Won't be doing swing analysis for the rest of December since this is the most volatile month of the year. We are in an ascending wedge with Gold and it's on the verge of completing. So we're trading for the breakout. The entire move still looks bullish overall to me. This huge move just looks like a big retracement. So the target this round is two key...

lexcel 127 views ・

TWITTER BCBA:TWTR printed a double top and had beautiful selloff with strong volume and quick market reaction, i began anticipating a slip to a downtrend , however looking the 1D chart i observe the bulls pulled a strong bounce off its 2 year uptrend indicating its selloff pressure maybe exhausted. I have highlighted the trading zone ($27- $46) for the next...

AceFortuneForex 89 views ・

XAUUSD has reached a key level of support. Price is currently around 1450.00. Pattern has formed a great ascending triangle. I believe that price will respect this price level for now until we have a breakout soon! Have fun all!

XForceCrypto 144 views ・

X FORCE CRYPTO ANALYSIS: We are at an undecided zone with some bullish signs on the shorter time frames. Let's take a look at how this setup is very similar to the previous setup we had. Bullish Evidence - We are seeing potential signs of reversal on the hourly...

AlchemyFX 99 views ・

Example: EUR/JPY Ascending Triangle

ScotianBot 108 views ・

We've seen the inverse H&S play out that I've talked about in my previous post linked to this chart, and since retracing roughly 10% from the micro highs & forming a bottom we're now trading in a ascending triangle that's breaking to the upside.

Chartimistic 19 views ・

The stock is exiting an oversold condition while having held a +50 RSI level & respecting the rising trendline. A couple of price targets have been labeled.

TradingV2 43 views ・

Alright fellas back with one more new idea, I have been trading every day & been sending signals on Telegram if you are not already following then take action!! Channels are FREE for everyone till the end of December!!! Click Me to join Looking at this good Ascending triangle that we are building on the Smaller time frame, I feel this will break down however I...

FractaLJack 434 views ・

Hello everyone, Hope you are having a wonderful thanksgiving weekend (if you are American) and a great day for those elsewhere. Lets jump into this~ as you can see here we have XTZ in an Ascending Triangle pattern which is a bullish pattern that suggests continuing momentum. Highlighted in the circle is where the best buy opportunity will be found in the...

SwissTradingSchool 12 views ・

NYSE:AON This week it was confirmed the breakout of the level of resistance on this ascending triangle, given by the clear higher lows where you notice a phase of price compression that lasts for 6 months, and now seems to resume the bullish trend that lasts for 17 years.