Hello Everyone, Normally I play stocks but looking at this chart setup I cannot resist giving this pattern a shot. Great risk / reward here and if BTC goes under 6500 I would have to get out and take a loss, risk of losing 100 bucks vs making 1000 at my target point 7k before it comes back down to support. Short and sweet and not too much to explain.
Ascending Triangle forming on the 10 year bond. With Federal Reserve officials still hawkish, prepare for a bumpy ride because yields still aren't cooling down just yet.
This could be the biggest Trap ever created... a Big ascending T in a bear market?. if this continues to the whole October, which is very unlikely to me, and keeps building higher lows...that would be a pattern i wont like to see completed.i don't rely on ascending T only, because they usually are fake, but i guess that's the last opportunity to increase...
It seems BTCUSD is at cross roads again with mixed signals on the 4 hr chart and will break in either direction within the next couple days. For the bullish scenario, we have a symmetrical triangle or an ascending triangle, depending on how the triangle pattern plays out, and for the bearish scenario we have a descending triangle within a larger descending...
Ascending Triangle(Blue) is formed and having that I've my precise entry technique for that, that will be shared with my inner-circle. This time round stops and targets are share as it will be a clearer visualization for viewers as we have a pattern on top of another pattern. Personally, I chose to take profit earlier in view of a Bearish Gartley setup before that.
Bitcoin back in the game! Following on from my previous chart, BTC had fallen out of the ascending triangle and was consolidating at around 0.5 fib $6475. The 4 hr candle broke above and then opened back inside the ascending triangle after finding support and the hidden bullish divergence on the RSI is still in play. We have 2 trend lines acting as strong...
Chilean Stocks. Pure Technical Projection. 2017 uptrend with a violent move before 2018 of sideways, that had formed an ascending triangle, almost an iH&S and something like a C&H... So we'll see if 2019 start in uptrend. Entry at 100 CLP Targets at 6%, 9%, 12% and 20%. SL at 3% - 5% If SL get activated, wait for Rebuy zone. Timing is a mistery for now.
The price has been making higher lows inside a consolidation (trading range) for a few days now. Major trend in BTC is still down, but we do have a local uptrend since 6100. These types of consolidations inside a local uptrend are more likely to break out to the upside. The higher lows inside a range are a sign of accumulation (supply drying up, demand increasing...
Enquest is making a perfect ascending triangle pattern. Will it break to the upside? Watch and see.
Here is the setup im watching for XRPBTC. Ascending Triangle setup with a very tight stop loss. The DBT MoMo is very bullish on the 4hour, both lines are strongly correlating just like they were down before the major move up.
USOIL forming bullish ascending triangle wait for price to hit the support line to buy in SL 67.80 TP 73.00
Rmember Ascending triangles most likely will break on the upside, but need to wait for break!
$WHD Ascending triangle, $36.00 looks like support. Small cap., went public this year.
Breakout day after a 2 year 1 month ascending triangle. A buy signal if you're a technical analyst and you see the pattern the same way.
Taking a look at the BTC charts today, Bulls and Bears seem kind of in equilibrium. The range is getting tighter and tighter. I don't think we will immediately break above 6.6k or below 6.2k. We mighty consolidate between this range for a while. This may seem like BTC has finally stabilized, but I rather think it's the calm before the storm. We're at the end of a...
Looking like bullish momentum has found support and is slowly maintaining the upward movements if we can break 0.35500 could see more upside
We are looking BA and we have this ascending triangle in the weekly chart. We'll be monitoring it but its a long term/swing position as weekly movements take a bit of time to develop. Conservative play: wait for close above 364.73 and long with short below the formation Entries: 365.17 Target 1: (trailing stop-loss 25 usd / choose your own targets for taking...
GBPCAD Ascending Triangle Details are on the chart. Happy Trading!