this will complete symmetrical triangle pattern and once breakout, it will fly Targets possible: 1360-1490-1590-1690-1780 Disclaimer:- Please always consult with your financial advisor or do your analysis before taking trade
The GBP/CAD pair on the M30 timeframe presents a potentially interesting situation with a bullish channel breakout pattern. Potential Long Trade : Entry: Above the broken resistance line of the channel, ideally around 1.7170 after confirmation. Target Levels: 1.7244: This represents the height of the channel, measured from the apex (highest point) to the base...
swing trade perfect symmetrical triangle long term opportunity take trade according to own risk this is not call just a analysis.
🚨Bitcoin started to fall again after the news of a possible War between Iran and Israel and reacted well to the 🟢 Heavy Support zone($61,100-$58,690) 🟢. 🏃♂️Bitcoin is currently moving near the 🔴 Resistance zone($66,100-$64,500) 🔴. 📈It also seems that Bitcoin has managed to break the lower line of the Symmetrical triangle , and at the same time, it is forming...
Hi. BINANCE:BTCUSDT Chart is Speaking It Self!!! Simple analysis... It appears to be moving within a Ascending triangle on the shorter time frame. Currently, it is attempting a breakout. A breakout retest of the triangle would indicate bullish momentum. However, if there is a rejection and a breakdown of the triangle, a bearish move is also expected. Stay...
We just had a big correction in the crypto markets and like clockwork the bottom trendline of this symmetrical triangle held exact support on the bottom wick of the current monthly candle. Will be interesting to see if that holds ultimate support as often right before a pattern breaks up there is a big pullback in price action similar to an archer pulling back...
As usual, the logarithmic chart’s measured move target is much higher than the linear charts measured move target for the symmetrical triangle. We can see here that it is getting very close to the apex of the triangle on the monthly chart and should likely see some sort of a breakout by the end of June if not sooner. Target on logarithmic chart is around $11.47...
Hi. BINANCE:BNBUSDT Today, I want to analyze BNB for you in a 9H time frame so that we can have a SHORT-term view of BNB regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). BNB is testing the top of symmetrical triangle on 9H timeframe Up We Go if we manage to break upwards🐃 ✅ Due to...
FX:XAUUSD is still holding very strong even amid strong news. The range of 2365 - 2328 is being formed. Buyers and sellers are fighting for the lower level. Today the market is waiting for PMI and Initial Jobless Claims. Yesterday we got a high CPI of 0.4% instead of 0.3% and an inflation rate of 3.5%, which is a generally unsatisfactory scenario for the...
Hi. COINEX:OXTUSDT Chart is Speaking It Self!!! Simple analysis... It appears to be moving within a Ascending triangle on the shorter time frame. Currently, it is attempting a breakout. A breakout retest of the triangle would indicate bullish momentum. However, if there is a rejection and a breakdown of the triangle, a bearish move is also expected. Stay...
Symmetrical trial chart pattern is forming on one day chart of BPCL. After breakout, entry can be taken at 610. Target will be 645/685/725 and stop loss will be 590
Symmetrical trial chart pattern is forming on one day chart of BPCL. After breakout, entry can be taken at 610. Target will be 645/685/725 and stop loss will be 590
FX:AUDUSD forms a retest of the descending channel resistance, but there is no fall. Against the background of the dollar correction, the currency pair may move into the realization phase after the channel breakout. Moving averages, trend resistance and pre-breakout consolidation, with strong support zones, to which a large buyer does not let the price go. An...
Hi. COINEX:BTCUSDT Today, I want to analyze BTC for you in a 9H time frame so that we can have a SHORT-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). It appears to be moving within a symmetrical triangle on the shorter time frame. Currently, it is attempting a...
The CHF/JPY pair on the M30 timeframe presents a potentially interesting situation with a triangle breakout pattern. Potential Long Trade : Entry: Above the broken resistance line of the triangle, ideally around 167.60 after confirmation. Target Levels: 168.75: This represents the height of the triangle, measured from the apex (highest or lowest point) to the...
BINANCE:BTCUSD is trading in a neutral market. After updating the global ATH the market did not let the price to this zone, strong support levels are formed from below. The conglomerate of strong zones in general indicates that there is no clear potential at the moment and consolidation will continue further. The price is trading within a range, the boundaries...
✅Bitcoin broke the upper line of the classic Symmetrical Triangle Pattern a few hours ago. 🌊Regarding Elliott's wave theory , Bitcoin seems to have completed wave 4 with a Double Three Correction(WXY) in a symmetrical triangle. 🌊Currently, Bitcoin is completing microwave wave 3 of main wave 5 , which can complete around an All-Time High($73,777) ( or...
HCL TECHNOLOGIES LTD Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1610+. ✅Can Go Long in this Stock by placing a stop loss below 1530-.