After supporting and resting on the trend line, we are ready to leave the symmetrical triangle!
ICXBUSD Breakout trend 4H ICXBUSD in a very symmetrical triangle around 2 BUSD. I am hoping for an upwards breakout, but signal tells that it can go either way. Latest price action does seem bullish. Two major events coming up: - 30 Apr 2021 Launch mainnet for Balanced on the ICX Network - 31 May 2021 (or earlier) ICX Token swap service Opinions?
Tron/USD pair TRXUSD is primed for an advancement in the next leg of its movement. It has had a major move downwards where it bounced if it's 50 DMA. Since then then, it has moved upwards and it now trading in a symmetrical triangle. This shows buyers and sellers taking profit and entering positions. Furthermore, just like a textbook symmetrical triangle, the...
1/4 bids hit so far scaling in every 90usd starting from 5150 exiting the same way if I get fully filled from 6035 ish 25% weights. The chart speaks for itself timeline week or two. Tested prior yearly low and held; this is a great long opportunity technically.
Hi all, we have a great symmetrical triangle setup. Wait for the breakout to take the trade or set up some pending orders! Have a good weekend all!
Be patient and wait to see what the price of GBPUSD will to and then place your order. Looks like a bear movement so far but like I said, patience and waiting will show us what to do. Get your orders ready!
This is my idea about bearish breakdown of in action Symmetrical Triangle.
Reasoning: 1) Wait for the breakout and take a trade towards that direction 2) If the pair breaks the support of the horizontal channel then look for a TP target on the S4 pivot 3) Notice the 3rd bounce was not as strong as the other 2 and then price consolidated which makes me think that maybe the bulls are taking a break and it's time for the bears to take over
-daily time frame showing in uptrend showing strength -intermediate time is showing symmetrical continuation pattern in uptrend..finding dynamic support on Long term MA -volume showing positive volume pressure -measured move shows potential to run to 59.84 which is .30 cents above previous resistance if resistance broken-up onwards! -looking for entry from...
Heading towards some critical levels now on GBP/CHF and expecting some big moves ahead and we have a few scenarios that are possibilities on where this pair is going. Currently there is a lot of bearish bias on all GBP pairs so a break below the symmetrical triangle and another bearish leg to monthly support at 1.19260 is more than possible. If we do break out...
If the symmetrical triangle breaks, the target red line
AUDJPY Too much blank space for Bulkowski symmetrical triangle, but other traders might not know. Sell at cnfm break of bottom tl. TP 76.50 Low grade trade. WATCH for volatility and also continuance to channel bottom. Historically, this position creates a minor sell before pulsing upwards.
EURJPY Symmetrical Triangle Breakout FX:EURJPY
Slight consolidation over the last two days from the election hype enabled a retest of the top side of the symmetrical to occur. This coincided nicely with the 50EMA and the 50% retracement level. Taking in the technicals, we're looking here to target the 2.000 level. However considering generally weak Aussie economic sentiment and a sigh of relief from the London...
Here on the 12 hour chart we can observe a solidly formed symmetrical triangle. The widely held expectation is that we will see price break out bullish with target #1 at about $420. However, this pattern resolves in the direction of the overall trend- 75% of the time. A top-side breakout could signal the start of a bull market for bitcoin... or we could break...