This is one of my favorite pattern. The price already out of sideways area and it forms triangle. The best entry is at 0.8388 where the price will be targeted to 1.1439. This analysis used custom indicator. Any inquiries, please text in comment section.
After long downtrend with strong bearish momentum, price made an initial breakout. it is the triggered signal for the stock to change direction. The breaking point is 0.8094. The target price movement is 0.9881. If the price can break 1.0878, it will go higher. This analysis used custom indicator. Any inquiries, please text in comment section.
From the movement of price, we can see the price already broke sideways area. After that it form triangle as manipulation pattern to trapped retailer. Once again, the price broke the triangle form with high volume telling us the movement of big trader inside this stock. the breaking point is 0.0375. The target of price movement is 0.0702. This analysis used...
Waiting for breakout. Triangle and box have been formed and can be the reason of increasing bullish momentum.
Triang has been form and breakout. Price will go higher.
Price will go down and move in sideways range for sometimes until support or resistance break.
long sideways, the price will move in the sideways range until it breaks support or resistance.
Support was broken and price should move to another support.
Waiting for break any of support or resistance that indicates the TP and SL.
Waiting the price to break below the upper black box to go for short entry.
Yellow area indicates sideway market which is the best time to wait for breakout. Basically it will go down. This indicator is designed to identify the best area to enter market.