- On the daily chart we can spot a falling wedge - bullish reversal pattern that is currently breaking out! - Also we can see a local ascending triangle, also a reversal pattern. - As per my Elliott Wave analysis, this impulse wave should be completed successfully. - Now I am expecting a retracement to 0.618 FIB + previous swing low from February. - Look at my...
I'm looking at 4h timeframe. If S&P succeeds in breaking out parallel channel, the neckline of Cup and Handle pattern and at the same time ascending triangle upper band/resistance/ more likely it will hit 4180-4200$ target as mentioned on the chart. Before reaching the mentioned target. I expect a small rejection at 1.61 fib level and retest of C & H neckline....
I'm looking at daily timeframe. BTC has broken a symmetrical triangle and completed Adam & EVA double bottom pattern. At the same time it formed An ascending triangle. If BTC succeeds to close daily candle above 21.9K ascending triangle and Adam & EVA pattern breakout will be confirmed. Targets are mentioned on the chart.
- We have a massive base on the weekly timeframe / inverse head and shoulders! - If you love bases as much as I do, then this is definitely your opportunity for great gains! - Volume looks solid, no bearish pressure and we have a massive volume spike, which is always good to see. - The price is currently above the POC level, so we can expect a pump any time...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ETH update. ETH is once again getting rejected from its main resistance level which is at the $1280 level. ETH is forming an ascending triangle pattern and trading inside it. I'm expecting a breakout of this triangle sooner or later. My strategy is to...
INTU hit the low on 13 May and has not gone any lower since. It has been chopping sideways for almost 2 months and appears to be forming an ascending triangle (odds of breaking up is greater). On the monthly chart, we are seeing a possible 3rd inside bar this month and also a bullish divergence with the RSI. A breakup of the ascending triangle at 425 could be...
- On the weekly chart we can see a beautiful ascending triangle - one of the most bullish pattern. - If we take a look at the volume indicator - there is a massive volume spike, which is positive. - The first impulse wave has been completed (hard to catch), but it doesn't matter, because the third wave is usually the strongest! - You can buy a breakout above...
- On the weekly chart we can see an ascending triangle - the most bullish pattern! - Great opportunity to 24x your capital in upcoming weeks/months. - If we take a look at the volume indicator - bullish volume is definitely higher, which is great. - The price is now above the 200 weekly moving average. This MA is considered as a strong support by huge...
Signs of accumulation on the right side of this ascending triangle formation JKS holding up nicely since March 2022 while the general market is going down Outperforming the SPY, Sector and Industry You don't need to know what's going to happen next to make money ~Mark Douglas Anything can happen ~Mark Douglas
- As per my Elliott Wave analysis on the weekly chart - this coin looks very strong and we should experience more bullish sentiment. - We are currently in the huge impulse wave 3, subwave 4. - If we take a look at the volume , pretty much no one is selling, which is a good sign. - 200 weekly moving average is considered as a massive support by big instituions...
- On the daily chart we can clearly spot a descending channel , which is very close to a bullish breakout! - If you take a look at volume , we have a massive bullish volume spikes - always good to see. - 200 weekly MA is actually acting as a resistance, but if the channel breaks up, then the MA will too! - Due to my Elliott Wave analysis - 12345 Impulse wave...
EurJpy Ascending Triangle: long-term pattern for technical analysis Without any indicators.
- On the daily chart we can see a nice falling wedge / descending triangle, which is very close to a bullish breakout! - We have a local double top above the wedge and we can definitely buy a breakout above this level for a confirmation trade. - 0.618 FIB + End of the Wave 1 + End of the Wave 4 is the next resistance, so you can setup your profit target here. -...
Just an idea of what might happen with BTC. If an ascending triangle forms, and the price breaks above it, we can see a surge up to $25k. But until BTCUSD doesn't cross the horizontal line (22k), this is just an idea, not a trading signal.
It seems that sellers are exhausted (for now), and cryptocurrencies are showing signs of recovery. The leading altcoin, Ethereum, is in an ascending triangle on lower time frames. It is a bullish pattern that tends to break above the horizontal boundary. If that happens, we can buy ETHUSD. The target should be equal to the triangle's height. Stop-loss, below...
EURAUD has completed the ascending triangle this morning. We can long EUR against AUD, with a target of 1.62. The target is determined based on the triangle's height. We measure the height of a pattern and use that distance as our target. Stop-loss should be placed below today's low. That gives us a great R:R. Follow me for more trading ideas.
Nissan has just broken out of this ascending triangle pattern. Good risk to reward set up with stop around 535 and target around 645.
Break of uptrend line of a ascending triangle and supply zone. Dollar is also strong right now. ENTRY - 1.05210 SL -1.06248 103 PIPS TP- 1.03633 157 PIPS+