When wave c (blue) is traded successfully and confirmed, this will give us enough confirmation of the triangle in the making and will provide enough information to swing-trade the rest of the structure.
Hi every one
TRON/USDT
TRX has formed a Symmetrical Triangle. This pattern is gonna change the price depending on the Break out which is gonna happen soon. If the break out would be bearish, we might have to see TRX at 0.05$ ( Pretty strong support) but if the break out is bullish, TRX will be able to reach 0.15$ pretty Easily. we shall wait and see what's gonna...
- We have a new parallel ascending channel on the 4h chart.
- Bulls need to break this channel to the upside, for continuation in this uptrend.
- The previous triangle structure can be definitely re-tested in the future, so be prepared for this case.
- But a major trendline from 10. November 2021 is now broken, so the trend switched to a bullish trend.
- If...
Happy Sunday all! 😃
Quick BTC update!
My main focus here is the 43.5k to 44.5k level which will be decisive for the future of BTC.
As always i prioritise the horizontal lines as an idicator for price action, and patterns such as this one, mainly serve me as an indicator for 'when?'
If you would like to know more about the importance that the 43k-44k region...
NSE:VEDL broke out from a symmetrical triangle pattern after consolidating in it for 4 months.
Bullish signs:
Good breakout volume.
Very few wide range red candles inside the pattern.
Recent support from 30 week EMA.
Strong demand at the trendline indicates the possibility of price going higher.
Scrip has already given a 140% returns in the last year.
Wick on...
A symmetrical triangle pattern has formed on the weekly chart of the USD/CHF currency pair. This long-term formation offers an opportunity to go short in case of a bearish breakout. The triangle's borders are marked with the yellow lines. The potential entry level is shown with the cyan line. The potential take-profit level is where the green line is. The...
Price Action & Chart Pattern Trading
> Elliott Wave projection correction wave triangle D shape - completed after achieved target CUP&HANDLES impulse wave? I think so with smart money and banker chip volume support at E point corrective wave.
> Volume Profile high-E pattern looks like we have aggressive buyers/bankers to push the price
> Short-term trade within...
Price Action & Chart Pattern Trading
I don't know why I kept this stock for a few years and didn't take profit. This symmetrical triangle has been going on for 2 years++ and coming to a considerably narrow down for breaking point. Hopefully, it will make some sense at the end.
Trade with affordable risk ratio
Always respect your stop
Price Action & Chart Pattern Divergent Trading - weekly timeframe
> Symmetrical Triangle pattern - Entry at Breakout high resistance of triangle
> Divergent Trading Signal
> Target zone at volume profile point of control
> Trading with affordable RRR | 4:1 for long term investment
> Always respect your stoploss
In the 4-hour time frame,a symmetrical triangle pattern is formed.If the triangle is broken upwards,the price will increase to the value specified in the chart.
Hey Traders,
As you can see on the 4HR Chart of SHIBUSDT, the price action has formed a nice symmetrical triangle/ bearish pennant. I strongly believe that this will break down to the downside mainly because of the MACD. In the rare case Shiba breaks out the price target is 0.000027 (+27%). My price target however for the breakdown is 0.000017 (-18%). Anyways,...
Hourly chart forming a symmetrical triangle pattern.
Rejected 200 day MA - 01 /26/2022.
Break out of the upper trend line, currently retesting the 200 day MA resistance.
A break through the 200 day MA would be bullish - Close on Monday will determine this.
The perfect scenario would be a clean break through of the 200 Day MA, following a retest of it as...
XAUUSD Is trading a symmetrical triangle on its daily chart
currently price is squeezing between 1853.943 and 1753.070 on its mid range 1798.000
symmetrical triangles are only valid when prices closes above below breakout levels
also on a daily chart we can see a geometric pattern diamond, diamonds pattern can be found in topsbottoms or in a mid trend,
i like...
Hourly chart forming a symmetrical triangle pattern.
Rejected 200 day MA - 01/26/2022.
Broke through triangle pattern, currently retesting the 200 day MA resistance.
A break through the 200 day MA would be bullish - Close on Monday will determine this .
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a...
![SPX: SPX [S&P 500] Technical Analysis - [01/29/2022] - Hourly](https://s3.tradingview.com/r/rWmm0maN_mid.png "SPX [S&P 500] Technical Analysis - [01/29/2022] - Hourly")
![SPX: SPX [SP500] Technical Analysis - 01/29/2022 - Hourly](https://s3.tradingview.com/0/04XqUo6M_mid.png "SPX [SP500] Technical Analysis - 01/29/2022 - Hourly")