USDCAD formed an objective symmetrical triangle in purple waiting for break either side to buy/sell this one Scenario 1: waiting for a momentum candle close above 1.4280 in red to buy Scenario 2: waiting for a momentum candle close below 1.4070 in blue to sell
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.
As you can see in the chart! 50% is left to the next key S/R level. This confluences with the classic target of a symmetrical triangle the coin seems to be printing right now.. Aggressive trader enter at the triangle support with tight stop loss. Safe trader wait break out of the triangle and enter on retest with tight SL. Happy trading!
Shorting UJ right here with a profit target at 107 or the fibonacci cluster at 200% BC projection and 89% ABC projections. Perfect symmetry on the two measured trendlines, they are 100% identical. Good time to update the charts. Best of luck to all trading USDJPY Dont forget to like the post and leave a comment with any idea regarding UJ. Make sure to check the...
AT&T has formed a symmetrical triangle, which will lead to a bullish breakout. The prior uptrend can be observed as being very bullish, which led to the peak at (1) and bearish reversal at (7) . Have also included a symmetrical triangle diagram for anyone interested in learning chart patterns.
Btc can dumped at 6800...then will pump and more chances to go 7600-7700..
bigger triangle breakout anticipated now that the 2 horizontal resistances have been smashed through target 30-31 cents...this could also just be the beginning of a breakout similar to the one we got last September around this same time .
Hi all, we have had a breakout and retest on AUDNZD patter! Great setup for a sell! Have fun all!
As with many patterns, triangles, pennants etc. . .as they develop they tend to morph, or widen and change shape. We can see this also the case with the diamond pattern we have been consolidating in. It has now matured into a much more symmetrical shape and in fact can now at this point be looked at as a symmetrical triangle as well as they both will have the...
we have currently closed a couple candles above it ...and if we were to breakout of it bullishly at this level the target is just under 17k...making this pattern our penultimate bullish pattern at the moment in a pile of like 5 extremely bullish patterns with their breakouts seemingly all coalescing at once. The ultimate bullish pattern is still the weekly chart...
just wanted to zoom out to show the current chessboard in its entirety and also my idea of when we may finally breakout of the bigger (for now speculative) symmetrical triangle pattern. The Adam & eve double bottom is one of the most picturesque symmetrical perfect adam and eve double bottoms I've sen in awhile...was amazing to watch the price action follow the...
Ethereum's Bitcoin pair has recently broken out of a many year descending triangle setup. The question now is whether we breakout to the downside, or upwards. Remember symmetrical triangles, especially on a shorter timeframe are almost always continuation patterns.
it may send a fakeout wick below the symmetrical triangle's bottom trendline before th ebig breakout but I'm feel like probability definitely favors a break to the upside.
Currently, in the chart presented above, there is a symmetrical triangle, something that has occurred on various altcoin charts, if bitcoin can break to the upside of this symmetrical triangle, it is likely there will be another run to the upside for the entire crypto community, however, it is important to note that most charts against BTC are bearish, so it is...
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!
As we are about to close the current 4 hour candle we will likely close it above the 4hr200ma and above the symmetrical triangle both very bullish developments. If we can maintain above those we will likely go up to test the next resistance which is on the day chart shown here....it is the double reinforced resistance of the 1 day 50ma (in orange) coupled with the...