Good Short position from symmetrical triangle and channel resistance. Good confluence with MA's and VPVR.
Bitcoin is currently at the apex of what appears to be a symmetrical triangle and/or bull pennant. I believe we are likely to break to the upside, but I wouldn't assume a position until we break to one side or the other in earnest. As you can see BTC has respected the long term downward trendline which is now support (dashed cyan) and also a local upward...
Gold formed a symmetrical triangle. A break on either side, preferably down since it is a continuation pattern should be coming soon, after several touches on the triangle already. If a break happens on the upside, it should go above 1220 at least to be confirmed, could be a false break out.
The symmetrical triangle on the daily chart of EUR/USD can be used for a bearish trend continuation setup. The pattern's borders are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is at the green line. I will place my stop-loss to the high of the breakout candle (not shown on the chart).
AUDUSD has been trading within an 8-week range between 0.75 and 0.73. The price has rebounded off from a bottom of a symmetrical triangle and price has returned to 0.74. Thus within this particular range, any price within 0.75 - 0.74 will give an opportunity to sell. Wait for the price to retrace a little higher into the supply zone, nearer to the top of the...
NFP is due tonight, and there's little evidence that the numbers will be disappointing. The dollar is very likely to strengthen further unless the NFP figure drops below 150k, which is really unlikely. EURUSD has broken below an 8-weeks long symmetrical triangle after slipping 80 pips yesterday. For the price to continue falling further, a retracement is highly...
It took me a while to figure out what was going on in this case, as most patterns did not fit the volume identity to be confirmed as a pattern, even this one on the daily does not have strong confirmation from volume , and if we are looking for just patterns, I can find a multitude of patterns, within the same setting, and we are suppose to look at volume for...
AUDUSD has been trading within a symmetrical triangle for the past 1 month, and the price was seen resisted at the top of the range. The first trendline that brought the price to a high of 0.7464 was broken below, and this morning we had the 2nd trendline bringing the price to a high of 0.7441, which became a lower high, was broken below too. At the same time, a...
hello guys, here's a triangle pattern on the 4h chart, we should expect some bullish momentum soon. Plus, the COT is still bullish on gold. Let's see how it develops in the next days! best regards, docCDS
Whats up Guys - Most of my analysis can be found ON the Chart. I will be entering a short position now with stop and take at the areas indicated. Give me ten likes and I will update the chart when I close out. Ten Likes and I will update the chart Intelligent disagreement welcome Good Luck - See you on the trading floors #Crypto #BTC #cryptocurrency #ADA...
Ethereum has formed a symmetrical triangle it can break out of it any time
This is a Symmetric triangle pattern in IVV This publication is of an academic nature. Orlando Enrique Fajardo Ocariz
We can Observe a Symmetrical Triangle formed on the pair Litecoin/USD. The expected Profit of the short is the base of the triangle.
Symmetrical Triangle Pattern in the BTC / USD pair. This publication is of an academic nature. Orlando Enrique Fajardo Ocariz
EURUSD is forming a Symmetrical Triangle Pattern it can go bearish
Close to 10K if breaks up, close to 5,400 if it breaks down (5,400 based on my previous charts)