USDTRY is still trending upwards. Recommendation is to continue to open long positions with a trailing stop loss. Some traders may forgo trading the Turkish Lira due to spreads; but I am focusing on the net profits on this idea. Since April 2021, USDTRY currency pair has been going up.
on BNB support is a long term uptrend with a horizontal resistance at 657. The Apex of the triangle pattern is closing in and price action in is respecting the upper bounds of the formation. Validation will be confirmed by an increase in volume, and a clear daily candle above the resistance Entry could be found with a break and retest on the lower...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for KCS, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
AD showing be an ascending triangle pointing to a project target of 57,203 which confirms the bear trap
USDCAD Bullish Engulfing Candle and Ascending Triangle
Guys #Gala still looks good, I see an ascending pattern, a flat resistance around 0.76 to 0.78 USDT, if we see a breakout above that we can see 1 USDT soon. Gala can do a multifold rise, brace yourselves.
RSI is sitting at the 50 line while the price is sitting near the support line of the ascending triangle/three rising valleys this may lead to new ATHs.
DEN (Denbury Inc) is an oil and gas company that focuses on CO2 enhanced oil recovery. Boring right? I assume that is the reason it has been under the radar, after all, Technology tends to get more attention. Since September 2020, when it IPO'd, DEN has increased by over 300%. There are 2 potential measured moves, one by using the horizontal range transposed on...
Since the triangle "real-breakout", we have made about half the measured move, only to retrace to previous resistance (R1). If we can hold R1 this week, there is a strong potential to complete the measured move at $78K. However, according to the Squeeze Momentum indicator, there is a bearish thrust that could last a few months. As this is a weekly...
- Ascending traingle - Bullish structure - 9EMA curling away from 21EMA Ascending triangles could break either way as buyers are eager to buy up the token in order to break resistance. However, it is definitely not a given that resistance will break. Target will be the same height as the pole of the triangle. Which coincides with the daily resistance zone....
ALGO/USDT on an ascending triangle pattern. B/O above the flat top with the right volumes may push the price to previous high 2.4-2.5 levels. #NOT A BSH recommendation. UPDATE: Added FIB extensions.
Hi every one TOMO/USDT TOMO has formed a Pretty Big Ascending Triangle. This Triangle has not done a Break out yet, But When It happens, we shall see TOMO increase as much as the Measured Price Movement (AB=CD) & Create a New ATH ! The Next target and Resistance is around 6$! 🟡Summery: -TOMO has formed a Big Ascending Triangle. -Expected movement is...
KRAKEN:LINKUSD We have all been waiting for the anticipated parabolic rally on Link, Q4 tends to be great for these rallies as we approach the Santa clause rally effect that is usually experienced in mid-December. As you can see in this chart we can see the formation of an ascending triangle. Important factors to note are keeping an eye on the 200 MA as we are...
USDHKD (U.S. Dollar / Hong Kong Dollar) TREND Attributes Higher Lows Exponential Moving Averages Increasing (Positive Slope) Trend Line Increasing (Positive Slope)
*Above MA *High ADR *Nice flow + volume Targeting next leg up to $34. SL based on pattern.
USDHUF Foreign Currency Pair Trend: Up Level: EMA 10, EMA 20, Diagonal, Horizontal Signal: Break Out Candle
There is good Ascending Triangle in USDCAD and the entry price in my opinion is when we have candle outside of that square or rectangle but make sure about that
ALGO is moving inside ascending triangle, This will breakout after some consolidation. Will take some days or weeks to develop.