Allied digital buy @ 100.90 target 110, 120, 129 triangle breakout sl@ 90 risk reward 1:3
EURAUD failed to break through the resistance at 1.65000. Having formed a false breakdown, the price falls and breaks the support of the ascending triangle, thus opening a red carpet for itself TA on the high timeframe: 1) Price in range. From resistance, price may reach support in the medium term 2) Weakness on the buy side will lead to a quick test of...
BINANCE:MASKUSDT is forming a correction in the format of a descending wedge. A rather strong consolidation is forming at the base of the uptrend under the resistance of the wedge. What to expect from the price? The coin breaks through the formed descending resistance and begins to form a bullish impulse. Since the bullish signal is formed at the base of the...
FX:NZDUSD is forming an attempt to change the downtrend on the background of weakening of the dollar. A resistance retest is being formed. What to expect from the price further? The price left the channel last week, all this time a consolidation in the format of an ascending triangle is being formed. The price continues to test the triangle resistance and...
Gold is breaking through global channel resistance, but is also bumping into a strong horizontal level. TA on the high timeframe: 1) The trend is still bearish, price is under strong resistance 2) Price is discovering a new range. But if price consolidates below 1930, a bearish potential will form TA on the low timeframe: 1) A bullish wedge is forming. A...
A bearish divergence that appeared on 30th June had resulted in a short term and relatively shallow pullback (50% retracement of the mini AB swing) lasting several days. The uptrend has remained intact so far (and very much so). In fact it looks like an Ascending Triangle pattern could be forming. This is a continuation pattern (of a prior trend, which was...
BINANCE:MATICUSDT breaks through the resistance of the key figure and opens a new bullish potential. If the nearest resistance is broken through, the price can form a strong momentum. Earlier we saw an attempt of strengthening, which smoothly changed from an ascending price channel to a bearish wedge. The latter figure is quite capable of breaking the trend...
🐂 Trade Idea: Long - ACCO 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout / Option 🔍 Entry: +/- 5.57 🐿 DCA: No / Yes, up to or down to xxx.xx 😫 Stop-Loss: 4.75 🎯 Take-Profit #1: 6.39 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no...
FX:GBPUSD continues to form an uptrend, but at the same time the price is hitting a strong resistance area. We are waiting for the price to react to the area, which will determine the further direction. A retest of the level 1.28484 will tell us that the market will prepare to strengthen after breaking through resistance, but a consolation below the level...
📈 My bias is strongly inclined towards buying GBPUSD. Currently, I'm eagerly anticipating the formation of an Ascending Triangle trading setup. 🔍 There are two possible scenarios to consider: 1️⃣ Waiting for a retest back to the trendline for a prime buying opportunity. 2️⃣ Observing a violation of the red line at 1.2853, followed by a retest, before entering a...
OANDA:XAUUSD breaks the uptrend. A break of the support of the bullish price channel ends the impulse to 1893 and forms a smooth transition to the state of consolidation in the flat boundaries On Friday, the price makes a retest of the previously broken support level of 1935. Tandem of technical and candlestick analysis does not give the preconditions for a...
BITSTAMP:BTCUSD is testing strong resistance at 30575, but a false-break of the level tells us that the price is not ready to grow (at the moment). It might form a pullback or flat pattern below the level before rebounding further Globally, we have a bullish trend, the price is getting stronger. The rally is followed by a consolidation and a pullback, after...
STAR HEALTH 1w time frame buy @ cmp target 580, 590, 600, 608 risk reward 1.79 ascending triangle sl 501
This could either proceed to form an inverted Head&Shoulder, or go upto resistance and form another lower leg while taking support from the trendline. Happy Trading !!!
GMX presents a bullish opportunity with positive indications from the Token Metrics Trader Grade ratings and chart analysis. The price action on GMX is forming an ascending triangle pattern, suggesting a higher likelihood of a breakout to the upside. Based on this pattern, the measured move indicates a potential gain of 42%. Additionally, there is a noticeable...
If we get a weekly close above 83, it would be a breakout of an ascending triangle pattern. One could expect a rally after a successful breakout. Also important to watch if weekly RSI closes above 60.
RPEL manufactures silica ramming mass & exports to 36 countries. High growth of 20% topline & Profitability. Has formed ascending triangle pattern, breakout as well, recently announced 1:1 Bonus. The retracement presents a good opportunity to accumulate for the long term. Ashish Kacholia & Rekha Jhunjhunwala & Utpal H Seth (RARE Enterprises) hold stake in this small cap.
In Daily Timeframe YESBANK can be seen forming Ascending triangle pattern. It seems like it is breaking triangle resistance, we can see good move upwards from 17.30 Entry: Above 17.30 Target: T1 - 18.50 T2 - 19.50 Stop Loss: 15.85 Disclamer: This analysis is for educational purpose only. This is not a financial advice. Do your own research. #NFA #DYOR