SHOP (SHOPIFY) Nice rectangle pattern with prices ranging 30 and 40. Rectangle can be either continuation or bottoming/reversal patterns. Now trying to break the top of the rectangle . Price also above EMA 50 which is positive. A firm break of 40 would trigger a long trade to 54, with numerous resistances on the way, including a gap (see lines on the...
USDCHF has been trading inside a rectangle for years now ! just recently price retested the upper limit of the rectangle pattern and got pushed down vigorously ! I believe that this time around , price would be able to break through the support of 0.95500 and push down all the way to 0.94740 ! my final Target for now is 0.94740 !!
Bitcoin playing rectangle pattern on daily timeframe in bearish
EURCAD has been trading inside a rectangle since April this year ! recently the pair tested the support and got pushed upwards ! Having had a failed attempt at getting pushed to the downside by the pivot line of the rectangle , i assume that the pair will be going up till the resistance of the rectangle before it gets pushed back in the pattern . My final Target...
render token created a nice rectangle in the past days, and is currently retesting its support level @ $1.5 : if it breaks to the upside, we can expect a good uptrend bringing at least a 7% profit targeting the next $2 resistance, which is also the 0.382 fibonacci level the rsi is not looking bad to me and it has much growth potential let me know what you think...
I see a potential zone to sell as the rectangle has been formed. I'd only enter the trade if I have a breakout and a have a retest. The retest must have a candlestick pattern that tells me to enter the trade like a doji followed by a bearish candle or followed bearish candlesticks.
Kotak Bank broke out of rectangle pattern on smaller time frame charts with decent volumes. Kotak managed to break past 1792-1793 level comfortably which was acting as a hurdle for past couple of sessions.. Could be bought with stoploss of 1756 & targets of 1722(if holds) thn 1740 +
The Hang Seng Tech Index appears to be carving out a Rectangle chart pattern on the 4-hour setting. The ceiling seems to be at 4883 with the floor at 4300. Breaking above could open the door to extending the mid-March bounce, but that would place the focus on a long-term falling trendline from February 2021. The latter may reorient the index lower. On the other...
Price Action & Chart Pattern Trading Medium-Term Setup > Dragon Rectangle - Doubled Claws / Bottom Breakout signal Indicator: > Smart Money and Banker Chip Volume support > BBD Banker bullish signal above baseline > Fundflow bottom with reversal pattern > KDJ Stochastic on uptrend ribbon RR: 2:1 Always respect your stoploss
SILJ : Are you bullish on Silver ? Beautiful rectangle pattern on junior silver miners . Traders could trade the top and bottom of the rectangle or wait for a break of USD 18. Potential target of 22 if we break bullish. Then we could see 30 if Silver breaks past USD30-35. Trade safe.
in a rectangle patter for now which go even further down if it breaks the supply trendline in NSE:TATAMOTORS only for educational purposes not recommend for trade
my trade setup for tomorrow (3/05/21) in NSE:ESCORTS only for educational purposes.
LTCUSD Cryptocurrency
The price has been trapped within this range since December last year. This last week, the price gave a fake break out of the resistance, then closed the week back within the range (forming a weekly pinbar). Within this upcoming week I can expect to see the price drop further down to the support once again around 166.305. Before I take entry on this pair, I'll...
Recently EURGBP ranged in H4 rectangle pattern and falls to below of this and makes a bullish pinbar candle.we can expect some upside movement from this area!