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Khaine Khaine GBPNZD, 60,
GBPNZD: GBP/NZD, Possible Descending Triangle
77 0 5
GBP/NZD, Possible Descending Triangle

Hey guys, Title says it all, if the 4th legs bounces of the support line big chance there will be a retracement to the top (or beyond this point). Kind regards, Khaine

Khaine Khaine GBPJPY, 60,
GBPJPY: GBP/JPY, Ascending Triangle forming
273 0 9
GBP/JPY, Ascending Triangle forming

Hey guys, The red line was the top of a Descending Triangle, and now the bottom of an Ascending Triangle indicating that this is a strong resistance point. Furthermore, most of the time the trend line side of a triangle breaks, so that's why I think the following pattern will happen. The purple line is the bottom of the Ascending Traingle and a possible turning ...

anavalen2 anavalen2 USDCZK, D,
USDCZK: Descending trendline in USD/CZK (Daily chart)
15 2 5
Descending trendline in USD/CZK (Daily chart)

We can see a descending trendline. Since June 15, 2016 price is stabilizing in a sideway zone.

Hitman007 Hitman007 BTCUSD, 60, Long ,
BTCUSD: BTC Descending Wedge - Long ~ 2550 & 2650
90 0 5
BTCUSD, 60 Long
BTC Descending Wedge - Long ~ 2550 & 2650

Descending Wedge & RSI on the hourly...Long between 2550 & 2650 If it breaks the pitchfork/trend without a strong recovery....then we are heading down to ~2300 ..Thoughts?

fx-CHIRON fx-CHIRON EURUSD, 30, Short ,
147 2 7
EURUSD, 30 Short

descent starts with breakdown of the support instagram : fx_chiron telegram :

glennmercer glennmercer PRO USDCHF, 30, Short ,
USDCHF: USDCHF Short:  Descending Triangle
163 0 10
USDCHF, 30 Short
USDCHF Short: Descending Triangle

Hey traders, here's a breakout pattern on dollar swiss cross. Short is active with 1:1 B/E level and target at .786 fib.

CandleSticks CandleSticks USDCAD, D, Long ,
53 0 6

Price broke trendline and is in retest area Upward movement is what I'm expecting (small trendline is drawn on 4H which makes a descending triangle with both lines)

invest2win invest2win GBPUSD, D, Long ,
GBPUSD: Long Position Cable
45 0 4
Long Position Cable

Breakout will occur, go long with candle close above trend line on the hourly chart. Target is to fib level 1.3100. Risk Reward 1.14.

info55 info55 JCP, W, Long ,
JCP: 3 Descending Peaks
35 1 4
JCP, W Long
3 Descending Peaks

Price is forming three descending peaks. You may choose to go first Long and than Short

smitheric1970 smitheric1970 PRO CLH2017, D, Short ,
CLH2017: Oil - Higher Weekly Low support chart #4
321 1 17
CLH2017, D Short
Oil - Higher Weekly Low support chart #4

NOTE: this analysis is for the CLH7 (March) oil contract. Also, the path is hypothetical, targets/support/resistance are what matters. I believe that the 12/2 buying climax will hold as resistance. 1. Prices have been rejected at the daily BB midline and are below the daily 9 MA 2. TL of last two daily swing lows and the last daily selling climax ...

yusakmanullang yusakmanullang GBPNZD, 60, Short ,
46 0 9
GBPNZD, 60 Short
Descending GBPNZD

Forex is so risky. I'm not suggesting you following this idea. Just share. :)

mansoor-masoudifard mansoor-masoudifard EURUSD, 240, Long ,
EURUSD: AB=CD Pattern and MACD Divergence on 4H chart.
48 0 8
EURUSD, 240 Long
AB=CD Pattern and MACD Divergence on 4H chart.

if i think correctly we have AB=CD pattern and Divergence on MACD and if price break trend line we have Descending Triangle.

alex777v alex777v NZDCAD, 240, Short ,
NZDCAD: NZD/CAD broken descending triangle
9 0 4
NZDCAD, 240 Short
NZD/CAD broken descending triangle

Hello, wanted to share my view about this pair, lots of confluence suggesting bearish direction. Wish you all good luck and profitable trading, cheers!

_Tradeartist _Tradeartist EURUSD, 15, Short ,
EURUSD: Eur/Usd Descending Channel
92 0 4
EURUSD, 15 Short
Eur/Usd Descending Channel

Currently short on touch from top of descending channel, SL set at previous structure high, TP 1 at previous lows and TP 2 at latest channel lows. trailing stops if price hits TP 1

rmolnar007.1 rmolnar007.1 SPX, D, Short ,
SPX: SPX Bullish Descending Wedge Heading back to Support Line
64 0 2
SPX, D Short
SPX Bullish Descending Wedge Heading back to Support Line

Check the trend lines folks

VladimirMendoza VladimirMendoza USOIL, 20, Long ,
USOIL: USOIL - Descending Broadening Wedge Pattern
43 0 0
USOIL, 20 Long
USOIL - Descending Broadening Wedge Pattern

FOR ME is the new pattern in USOIL after the strong droping today. Be alert and prepare you for long trade. :)

Wave-Trader Wave-Trader PRO NZDJPY, D, Short ,
NZDJPY: NZDJPY Sell setup in the corrective Descending Bearish Channel
1565 3 63
NZDJPY Sell setup in the corrective Descending Bearish Channel

Break up will invalidate idea. Moving amazingly as i was speculating it long ago please look at my NZDJPY Ideas.

Pronoe Pronoe EURCHF, D,
EURCHF: EURCHF Bearish Butterfly Pattern OR Descending Triangle
19 0 6
EURCHF Bearish Butterfly Pattern OR Descending Triangle

I expect the price to continue its uptrend for a day or two until it reaches the .382 retracement level, at which point it can then go either way - The price will break above the .382 retracement level in which case I'll go long expecting a take profit around the top of my Fibonacci retracement. or - The price will bounce of the .382 retracement level in which ...

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