what we have here is a winning trade. i planned on buying at the lower trendline. I did not open the trade based on what bitcoin. we all know btc is the driver of the show. when btc dips 3% altcoins dip15%. so yes i had fear of losing money, a trait that needs to be eradicated when putting on a trade. kill all fear doubt and uncertainty. Moving along... now...
As you can see, the price action has formed lower highs and higher lows in NSE:MOTILALOFS . The volatility has also dropped massively. The RSI (9) in Hilega_Milega is having higher lows and equal highs, showing the strength is ramping up. The target out of this breakout is 1075, however, it may break down. ENTRY position @ Breakout with strong momentum...
ARPA made a big symmetrical triangle and now the price is squeezing within an ascending triangle. The best part is it is trading above ema200 and holding it. Once we see a big volume breakout targets are on chart.
divislab made triangle pattern & broke out of it with decent volumes on an hourly charts. could be bought with mentioned stoploss & targets.
Hello Everyone!!! BTC has been sideways for almost 3 days now, the range is between $40.700 - $40.000, and right now we are on the APEX, we will have a blast off soon. **BTC Idea** Please check my recent post on BTC, especially the one on Daily TimeFrame. Before we talk about BTC back to Bullish again, we really need to pay attention on the potential for Dead...
Hey Traders, As you can see, the price action has formed lower highs and higher lows. The volatility has also dropped massively as evident in the Bollinger Bands. The RSI which I didn't bring up is having higher lows and equal highs, showing the strength is ramping up. The target out of this breakout is 42k, however, it may break down so the other target is 39k.
GBPUSD probable Bull Breakout on its Symmetrical triangle pattern Stay connect with us and be careful late update SUGGESTED TRADE: Swing Trade Setup High probable Buy GBPUSD Entry Level - 1.30592 Stop - 1.30022 Take - 1.31400 Take a lot basis on your Equity no more - 1% risk protection of your profits from lower levels Please, leave a comment and support us with like.
Bitcoin is trading sideways last 5 days forming a symmetrical triangle and a pennant at the same time. In modern markets there are not bullish and bearish patterns on its own. To be profitable, you need to use them in conjunction with other indicators, news etc. Volume is declining, it's normal during the consolidation phase. In the long run BTC is still in a bull...
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EURAUD has been coverging in symmetrical triangle, the price is on the verge of breaking it. We are bullish in the pair if it successfully manages to breake the resistance zone. Trade your levels accordingly.
LPT breakout from long downtrend. You can take entry on retest or go by the PA. Entry: 28 SL: 27 TP: 33 and 39
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this DOT/USDT update. DOT looks very promising here and looks like hovering near the bottom. DOT is trading inside a symmetrical triangle in the 2-day time frame. Currently, it is moving near the lower trendline of the triangle. So buying here will be very low risk....
These are swung calls from 2 days ago i had got bagged on but managed to avg down a few times with some time on the contracts i was able to manage out green ... One of my last avg downs was on 4/12/22 @ close ... not a good habit especially being i'm not a swing trader at the moment usually so gonna cut that out ASAP & get back on REVIEWING EVERY DAY!!!!
Banknifty broke out of triangle pattern on smaller time frame charts. Could be bought with mentioned stoploss & target.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC/USDT update. BTC is still continuously dropping and there is no sign of reversal yet. But the good thing is that BTC is still holding the $42k level. BTC has important support of 100D MA at $41,500 and this is the last hope for bulls from here. As you...
Initial target is 1.20 and after that should eventually head to $2.55 according to the height of the triangle. Being a weekly chart it could take several weeks and even a month or 2 to reach this target…it could also pump right to it in a matter of a candle or 2. We will find out soon enough. *not financial advice*
hello everyone, as it currently looks, the Cryptocurrency Ethereum is well on the way to forming a Symmetrical Triangle. The Triangle is under the 0.618 Resistance . When the Price cross that Resistance Level with a Strong Candle we can go Bullish. Have a nice day to all of you!
On the daily timeframe, the price is testing the upper trendline of the big pennant, exactly 19.5$ on 0.618 Fibonacci level and the price is going to create a Cup and handle as well. On the 4h Timeframe the price had a rejection from the 21.2 Resistance and now it's testing the previous weekly support. How to approach? the price could have a false breakout of...