Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for GBPCAD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
This pattern is almost perfectly symmetrical - it took 40 days to reach the top (140% rise) and now we are on day 79 for almost an 100% retracement (30% away from start of run). There are a mix of signals here: On the positive side we have A bullish divergence with RSI into an oversold position. Stoch & MACD looking ready to reverse A Support (dotted...
On DAILY: USDJPY is sitting around a support zone in green so we will be looking for buy setups on lower timeframes. on M30: USDJPY is currently forming a symmetrical triangle in red. (but it is not valid yet) so we are waiting for a third swing to from around our upper red trendline to consider it valid and buy after a momentum candle close above it. Good Luck!
One way or another we are waiting on confirmation from AAPL.
Tesla is forming a symmetrical triangle that is bilateral that can be broken on either side. However, our red trendlines are not valid yet. So we are waiting for a new swing high to form around the upper red trendline to consider it valid and enter on its break upward. Or we are waiting for a new swing low to form around the lower red trendline to consider it...
on DAILY: this pair is sitting around support so we will be looking for buy setups on lower timeframes. on H1: GBPCHF formed an objective symmetrical triangle using RichTL indicator, so we are waiting for our trigger to buy. We are waiting for a momentum candle close above the last swing (gray area) to buy this one. Best of luck!
WE CAN SEE THAT BITCOIN CURRENTLY IS MOVING IN A SYMMETRICAL TRIANGLE; BULLISH BREAK-OUT PRICE TARGET: AROUND $ 13600 BEARISH BREAK-OUT PRICE TARGET: AROUND $ 7600 ATTENTION! THIS IS THE BLX CHART, THIS CHART COLLECTS ALL OF THE EXCHANGE PLATFORMS PRICES TOGETHER AND MAKES AN AVERAGE OF THIS.
Hello everyone, here is the top-down analysis for GOLD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
AUDCHF is now trading inside these two red trendlines forming a symmetrical triangle. but we are only interested in sell setups as the price is sitting around resistance. Waiting for a momentum candle close below the lower two blue dots for extra confirmation.
USDJPY formed an objective symmetrical and divergence around resistance, so we are currently holding a sell. our stop loss is above the last swing high and we target double our stop loss size.
This may be a good time to get into this pair as we have seen a retest of the symmetrical triangle resistance now turned support. No major data out of either currency today.
Just a simple symmetrical triangle that has formed yesterday. 80% chance of going up I would say and 20 % chance of going down. 60% profit if it will break out. Any feedback is welcome! This is my opinion so don't invest purely on my idea which i made for my own information and entertainment.
YOMA has been trading in a symmmetrical triangle pattern for 5 weeks now. A symmetrical triangle pattern is generally a "trend continuation" pattern (of the prior trend which was up in this case). Hence I would give it another few days to a week to see if it could break up with renewed momentum. Long @ 0.300-0.305 with initial stop @ 0.29 Disclaimer: This is...
NYSE:T Looking for a breakdown <30.00 or breakout >31.00 in coming weeks. I would base a prediction off of their financials which I see as showing positive potential.
Symmetrical Triangle Breakout with proper volume confirmation
Hello all of you guys, Here again the same idea based on TIP (The Inverse Parabol) axes and symmetries analyisis... Hope you enjoy it! ;-) Thank you for leaving the comments and a "like" just in case you like it, of course! ;-) L&GL Regards to all! previous idea:
Target minimum 7.3k