The symmetrical triangle pattern on D1 chart of USD/RUB provides an opportunity for a bullish breakout. The pattern's borders are yellow lines. My potential entry level - cyan line. My potential exit level - green line, or gray line if I am feeling too conservative. Stop-loss is to be set on the low of the breakout bar (not shown). More information, chart...
IN THE EUR---USD IN TIME FRAME DAILY WE HAVE A SIGNAL SELL BY ICHIMOKU . MORE DETAILS TO CHART NOTE TO TENKAN SEN & KIJUN SEN. In hopes of a good trade. GOOD LUCK
Hello Traders, Here we have a VALID SYMMETRICAL TRIANGLE on FX:NZDUSD , which was completed and tested earlier and now we are able to short this pattern with good risk to reward. I have labelled 3 potential targets for this pattern, one is at the completion of the ABCD pattern, the second is at the 127.2% fib extension of AB leg and the last target is the...
SIGNAL SELL FOR EUR---USD : 1-PATTERN SYMMETRICAL TRIANGLE THAT LIKELY BREAKOUT DONE 2-POSSIBLE FORMED PATTERN AB=CD GOOD LUCK
We are seeing a nice symmetrical triangle form after the initial drop from resistance levels. The top is almost a double top formation. The daily moving averages have turned down nicely. As the prices moved down and have formed the triangle, likely breakout is expected to be on the downside. Triangle is a continuation pattern. If the prices breakdown below the...
IN THE TIME FRAME H4: HAVE 2 PATTERN: 1- PATTERN SYMMETRICAL TRIANGLE THAT MUST IN BELOW LINE BREAK DONE .(Because in a down trend) 2-PATTERN GARTLEY Which is consistent with triangle pattern. MORE DETAILS TO CHART. I THINK THAT MUST TAKE SELL FOR SHORT POSITION , AND IF NOT REACH TO TARGET TRIANGLE, I WAIT FOR LONG TERM . PLEASE NOTE TO LINKS OF IN THE ...
SELL SAIGNAL FOR LONG TERM . POTENTIAL RETURN TO 1/15 TARGET PATTERN DOUBLE TOP TARGET RECTANGLE OR SUPPORT ZONE CLASH TO LINE OF UP TREND IN LONG TIME Please note TO NEXT analysis. MORE DETAILS TO CHART THANKS
Hello Traders, Here we have a VALID SYMMETRICAL TRIANGLE on FX:USDCAD , which has formed within the consolidation zone. We have been in this consolidation for the past 15 days and this probably has to do with the upcoming Fed interest news this Thursday. Everyone is just trying to be on the safe side and the direction will probably be more clear after the Fed...
PATTERN SYMMETRICAL TRIANGLE IN THE TIME WEEKLY . MORE DETAILS TO CHART . BEST SIGNAL = PATTERNS TRIANGLE - MY FOR . GOOD LUCK.
PATTERN SYMMETRICAL TRIANGLE THAT IN LINE ABOVE BREAKOUT DONE MORE DETAILS IN THE CHART
This week the SPY broke out of the symmetrical triangle then filled the gap we called out at 201.62 and retraced 100% of the previous swing. The intermediate bias is now to the downside and there are numerous downside targets - Gap fill @ 196.16 Fib target @ 192.02 Gap fill @ 190.30 Gap fill @ 186.27 Fib target @ 178.53 Gap fill @ 177.48 Gap fill @ 173.22
With the SPY in a symmetrical triangle I outlined 2 possible scenarios. SPY is now breaking to the downside and with 201.92 being the first downside target.
Hello Traders, Here we have a SYMMETRICAL TRIANGLE on FX:USDJPY , that is formed when neither buyers nor sellers are strong enough to get into a clear trend. Therefore it is considered as a consolidation type pattern. I have labelled targets for both BULLISH and BEARISH breakout, but personally I would favor the BULLISH breakout, due to its direction...
Hello Traders, Here we have a VALID SYMMETRICAL TRIANGLE on FX:NZDJPY that is formed when market is putting in lower highs and higher lows. This give us a signal that neither BUYERS nor SELLERS are able to push the price far enough to make a clear trend. This can also be referred to CONSOLIDATION , since the market movement is limited between the top...
Hello Traders, After seeing FX:GBPUSD consolidate within a range for the past 30 days, we have gotten the emergence of 3 Simple Chart Patterns that could present us with good opportunities to LONG on this particular pair. I have color coded all 3 Chart Patterns in the chart above, just to make it visually easier for everyone. I will walk you guys through...
The SPY is squeezing inside of symmetrical triangle on the weekly chart which portends to a decent sized move one way or the other once price action breaks outside the triangle. Last week we outlined 2 possible scenarios which are still in effect: There's a higher probability that we break to the upside to hit all time highs. Or we break to the downside and...
1- PATTERN AB=CD IN THE TIME DAILY THAT COMPLETE But to target not reached. 2-PATTERN AB=CD IN THE TIME H4 THAT COMPLETE . 3-PATTERN AB=CD IN THE H1 THAT COMPLETE. 4-Potential double top pattern THAT BREAK OUT OF NECKLINE. 5-PATTERN SYMMETRICAL TRIANGLE THAT BREAK OUT BELOW LINE AND REACH TO TARGET 1 OF TRIANGLE. 6-WE HAVE A DOWN TREND THAT By PRICE ACTION...