Things are heating up as the selling pressure surrounding this pair seems to be shifting gears. The US Dollar is riding high, boasting its loftiest daily close since March. What's fueling this surge? Well, it's all about the robust economic performance of the US economic docket.
Let's dive into the numbers—brace yourself for some impressive stats. The Producer...
Hi guys! Welcome to an analysis on macro developments of Doordash (DASH). With the markets doing what they've been doing this year, we have to ask, " Will the % gains come to stocks that are still many many % down from their tops"? Or are some stocks just doomed to fizzle out and take time to re-build/ grow?
Well, if we are in a Bull market, which i personally...
Traders,
The 4 hr. shows a bearish ascending triangle. There is a level of resistance I see at 27,800. At some point, I expect us to drop from this triangle. The catalyst for this drop could become our resistance level. If/when we drop, it is possible that we test the 25,200 level yet again.
Stew
1) Analysis of the weekly charts
2) Chart patterns break out on the charts.
3) Charting an ascending triangle
4) The stock's resistance level was 426; the breakout with an ascending triangle pattern is good sine
5) The pattern's trend continues
6) excellent value accumulation
7) The uptrend appears to be unbroken.
8) target level of 580 halt loss of 370
9) Use 398...
FX:USDJPY is strengthening on the background of the dollar indices growth. The currency pair continues to form a bullish price channel and in addition forms a pattern, which may form a bullish impulse in the near future.
On the chart I have marked an ascending price channel, its structure plays a key role in the current pricing of the forex currency pair. An...
AU SMALL FINANCE BANK LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 800+.
✅Can Go Long in this stock by placing a stop loss below 730-.
Broke out in June 2023 after forming a triangle which started in April 2018. If this continues, then possible target of 134 is possible.
WARNING: This is not a recommendation to trade. Do your own research and make your own trading decisions.
🟡BTC is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Hi guys! With this years bullish activity, ive been on the hunt to find assets that are down 50%+ and with unignorable strong technical signs of bottoming that will pull in bullish activity.
One that i have noticed to have some nice technical signs playing out in my opinion is UiPath,Inc (PATH).
This analysis is on the 1 Week timeframe giving us Macro insights....
USDJPY after correction and retest of trend support fully redeems the fall and almost closes Monday's gap. A retest and pre-breakdown consolidation of 147.37 level is formed
TA on the high timeframe:
1) The bullish trend continues
2) No decline against 147.800
3) Price forms a retest for a breakout
TA on the low timeframe:
1) A bullish price channel is formed
2)...
TRACUSD daily forming what I am now calling a Hidden Ascending Triangle Pattern. I have charted a few of these patterns that break out temporarily only to fall back within the triangle. Also a nice horizontal level of support and resistance running through the middle as well.
IWM has been flip-flopping within an Ascending Triangle Pattern for the past 1 year+. It is no wonder that many of the smaller stocks are exhibiting wild flip-flops in the past months.
On a more optimistic note, an ascending triangle pattern has greater odds of breaking to the upside eventually. For IWM, this means a breakup above 198-199 could happen eventually...
hello traders,
The market is at the verge of the ascending triangle breakout.
The market is bearish today, so adding small positions at every possible dips at the far out of the expiry will be fruitful once the breakout happens and rally starts.
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term...
The stock price has retraced above 50% from the previous downtrend in the daily time frame. It has formed an ascending triangle formation with a flat resistance and higher lows in support trendline with an increase in volume. The breakout from this pattern can take the stock its recent high levels again.
Entry - Abouve 246
Target - 272
Stop Loss - 229
USDJPY on the senior timeframes aims to test the global resistance level of 2022. The Japanese yen is weakening strongly against the backdrop of a strengthening dollar.
TA on the high timeframe:
1) A break of 144.897 sends the price to 148.86
2) A small rebound from this level is possible with further growth to 152.0 in the medium term.
TA on the low...
Origintrail has a history of outperforming ETH. This looks like a variation of the Ascending Triangle Pattern. With a well-defined horizontal level of resistance.
A very nice looking chart that complements the TRACUSD chart I have also linked to below.
