Bullish rectangle formed after Non-farm payroll (NFP) last Friday. Bulls may try to break rectangle upwards. Will we see 146.405 (20 pips) and 146.53 (33 pips)? Let's find out this week.
Bitcoin pumped significantly, but it's definitely a bull trap, so do not fall for it! We can see that the chart is printing a huge head and shoulders pattern, which is a very bearish sign. This pattern is not confirmed yet as the neckline is holding, but the price is below the major blue trendline, which increases the probability of a breakdown! The trend is...
Hello Traders and Welcome, Today, we have an exciting trading opportunity on GBPUSD. The price has shown interesting behavior around the levels of 1.2800 and 1.2600. By connecting these rejection points, we can draw two parallel lines above and below, forming a support and resistance zone. Now, let's unlock the vault and explore the patterns that GBPUSD is...
NASDAQ:QQQ Rectangle Pattern on hourly "A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box." Estimating...
can go long if it consolidates and breaks higher. if it consolidates and breaks lower you can go short as well as it is trading near an important resistance in the daily tf.
We are one month into this price range without any resolve. Rectangles typically break upwards. We did have a breakout but ended in a false break. Now a pre-breakout structure is forming with price moving steadily towards bottom of the rectangle. IMO breakdown is coming within the next few days.
TATA COFFE Good Buildup for the long time. Breakout above: 250 Target: 350 Stop loss: 238 Mediam term investment horizon
open should be withing the pdclose range, some consolidation and break will lead to the targer with good R:R
📢 **Hello Traders!** Today, we're turning our attention to the CHFJPY currency pair, which is flashing some interesting signals for potential trading opportunities. On its hourly chart, CHFJPY has carved out a rectangle channel pattern. The price has been oscillating between the upper trend line, set at 166.594, and the lower trend line, marked at 164.420. This...
USDJPY is currently consolidating within a horizontal range. Taking into consideration the fact, that the pair is trading in a long-term bullish trend, probabilities are high that the market will resume the growth soon. Your confirmation will be a bullish breakout - a daily candle close above 146.6 - the upper boundary of the range. A bullish continuation...
Hello, Traders! 📈 Today, we're diving deep into TSLA's chart, and I'm excited to present a compelling trading opportunity based on a well-defined Rectangle Channel pattern. 📘 About Rectangle Channels: Rectangle Channels are technical patterns formed by two parallel trendlines—support and resistance—that the price moves between. They represent periods of...
POLYCAB went sideways for a month after making ATH. Broke out of rectangle with Volume and now did a re-test of the level - held so far. Safe traders can take a position with a SL of < 4920 on daily close basis Risk takers can go with SL of 4850 on daily close basis Potential targets Target 1 - 5100 Target 2 - 5200 Target 3 - 5350
Island Reversal Pattern Look to ride the wave up CHF looking weak BUY THE BREAKOUT
#Sol will stay sideways in this red rectangle for next days. It will consolidate here. Volatility will be low. Profit percentage will be low. But don't worry we are already providing other coins signals in VIP with Good Profit Percentage. Last sol dump analysis goes very well.
Less than a year left until the halving and BTC is in a neutral state, the price could another pullback to reach its monthly base of around $17,500, according to ETF future BTC gap which is around 20k ,it can strengthen this theory. •Patience is the key• For the best time to enter the market
GBPUSD was consolidating within a horizontal range since the beginning of August. After the Powell's speech yesterday, the market dropped and violated a support of the range. It makes me think that the pair will go lower. Next goal will be 1.2516 ❤️Please, support my work with like, thank you!❤️
Multiple time frame analysis for Gold. Price action. Important key levels. Directional bias and thoughts. ❤️Please, support this video with like and comment!❤️
FOREXCOM:XAUUSD OANDA:XAUUSD Gold analytical series, before Jackson Hole Symposium. Hello Traders, please check out my previous ideas. If the price breaks above the range zone or stabilizes above the 1923, the bullish scenario will be activated. Targets are shown on the chart (1930 is my risk-free target). If the price breaks below this range or...