Not a sure thing that the breakout will confirm here, always a chance it could correct back inside the channel once or possibly even twice before triggering the real breakout, though of course the current move could easiy be the breakout. Either way sooner rather than alter the breakout should be official and once that happens the target will be around 63-64...
This rectangle pattern (horizontal channel) on the daily chart of AUD/USD offers a potential bearish breakout opportunity following the general downtrend. The borders of the rectangle are marked with the yellow lines. My potential entry level is where the cyan line is. My potential take-profit level is at the green line. They are based on the rectangle width - 10%...
This rectangle pattern on the daily chart of AUD/CAD offers two potential breakout trading opportunities (bullish and bearish). The borders of the rectangle are marked with the yellow lines. My potential entry levels are where the cyan lines are. My potential take-profit levels are at the green lines. They are based on the rectangle width - 10% for the Entry lines...
Perfect support retest of the bottom trendline of the green horizontals channel. In reaching there price also broke above the purple falling wedge…we can also see now that price is testing the turquoise neckline of an inverse head and shoulders as well. I have put the inverse head and shoulder target and the falling wedge targets on the chart for now. Will add the...
The Judge with the assistance of John Deaton via amicus, got the SEC to agree that sales of library credits from the secondary market do not constitute a security and since that news came out lbry has had a big pump here. You can’t see it here on the weekly chart, but on the daily time frame we have also just seen one of the biggest daily volume candles we’ve seen...
As we can see GBPAUD seems to be in a sideways channel. The pair broke out of the trend line on the H4 chart and also created a double bottom indicating price may want to go higher. This idea can see resistance around the 1.78000 area. If you would like to see updates on this idea and many more please follow and hit the like button for more!
Most USD pairs are ranging on intraday time-frames... It will be interesting to see where price goes from here... GBPUSD didn't even break it's range with today's negative CPI figure...
Hello traders, here is a nice opportunity with NZDJPY, price has been in a range and currently just got rejected at support. I look forward for a nice buy with profit at resistance...
Horizontal Channel Type pttern In Bitcoin / Usdt on 1hr timeframe. Buying Can Be Done above 1st resistance , but aggressive buying can be done above 2nd resistance. Selling Can Be done after breaking of its support by strong red candles .
wow, hard to believe canopy is getting near my entry point in 2016-2017. This stock has been a rollercoaster since rec legalization in Canada. A Potential trading range is highlighted in green. Any price movement that is sustained below or above the green lines is noteworthy. If WEED doesn't hold the green line of support a gap down to CAD $2.80 is highly...
APE has broken its parallel channel and move onto a horizontal channel short term i'm still bullish on this with 1:2 RR ratio, for long tearm it''s boooommm....
XOM Weekly - EDUCATIONAL only - Support, Resistance, Parallel Chanels, Horizontal Channel, Trend Lines , Clusters, Fibonacci - Hope it Helps, Good Luck
VZ Monthly - EDUCATIONAL only - Support, Resistance, Parallel Chanel, Wedge, Horizontal Channel, Trend Lines - Hope it Helps, Good Luck
bosch giving breakout from horizontal channel buy at cmp sl 14840 for education purpose Do your own research
indiaglycol giving breakout from horizontal channel buy at cmp sl 678 for education purpose Do your own research
UNI has been trading in a horizontal channel since the may drop. As it set in a significant higher low last week at around 21$, some indicators are turning bullish (On the daily chart: VIX printed a clear bottom, MACD turned bullish , RSI is making higher lows), possible signalling that UNI is ready to break out of the channel. When it breaks out, possibly uses...
There's a lot of action going on here in a short time span. I have identified three different stock patterns in CIDM over the past 6 months. The first pattern is a simple horizontal channel. The second is a head & shoulders pattern. The third (current) is an ascending channel.
An open-source decentralized lending and borrowing DeFi protocol built on top of Ethereum and enable the users to borrow and lend a wide range of crypto assets without the involvement of any third party institution like a bank. The total valued locked (TVL) in lending protocols currently stands at ~$39.6 Bn, which Aave alone has locked in ~$11.96 Bn in its...