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The triangle pattern is known as a bilateral pattern, which means that after a break-out the trend could either continue or reverse. There are basically 3 types of triangles and they all point to price being in consolidation: symmetrical (price is contained by 2 converging trend lines with a similar slope), ascending (price is contained by a horizontal trend line acting as resistance and an ascending trend line acting as support) and descending (price is contained by a horizontal trend line acting as support and a descending trend line acting as resistance).

The more price approaches the apex (where the trend lines converge), the bigger the chance of a break-out. The triangle pattern has completed when price breaks out of it, in either direction. Conservative traders may look for additional confirmation. The target can be estimated by measuring the height of the back of the triangle and extending it in the direction of the breakout. A common stop level lies just outside the triangle.
11021992 11021992 PRO EURNZD, 240, Long ,
EURNZD: EURNZD: Let the bullish move continue
152 0 11
EURNZD, 240 Long
EURNZD: Let the bullish move continue

Hey traders, On the EURNZD we have a descending wedge forming. If we look at the speed from the last 2 4-hour candles, then it seems pretty likely that we will break this things to the upside. Cheers

spectertrading spectertrading CVCBTC, 60, Long ,
CVCBTC: [WATCH SIGNAL - 1:22 RISK:REWARD] CVC/BTC ascending triang
89 1 1
CVCBTC, 60 Long
[WATCH SIGNAL - 1:22 RISK:REWARD] CVC/BTC ascending triang

CVC was just added to poloniex, after the usual first gap it bounced and it is starting an uptrend, a fundamental indicator that it might be a long solid uptrend coming. Besides that, we have a clear ascending triangle supported by a Fibonacci retracement level and the uptrend MA. The STOCH and RSI show a healthy movement to the positive area which indicates a ...

AndresThomasShirakawa AndresThomasShirakawa PRO EOSUSD, 15, Long ,
89 0 1
EOSUSD, 15 Long

All is on the chart Enjoy the ride!

mrsaetervik mrsaetervik GBPNZD, 60, Short ,
GBPNZD: Breakout incoming!
12 0 1
GBPNZD, 60 Short
Breakout incoming!

Let's sit back and enjoy this. I bet it's breaking out to the south, what do you think? I've set my sell stop orders.

YaseenG.Housari YaseenG.Housari GBPJPY, D,
GBPJPY: GBP/JPY ascending triangle
135 0 5
GBP/JPY ascending triangle

What a breakout ! This signals that the pair could be in for a long-term uptrend from here, but RSI is already dipping into the overbought zone to signal a potential pullback. If so, the broken triangle resistance around the 148.00 mark could be tested before price heads any further north.

kewanhedgefund kewanhedgefund GBPJPY, 240, Long ,
164 0 3
GBPJPY, 240 Long

Ascending triangle on weekly, triangle broke the flat area of resistance (monthly resistance 147.47) Weekly projected target is 170.00. 4h- fib ret to 38.20%? / MAS are open, secondary target weekly resistance 158.419.

AByfield AByfield NVDA, D, Long ,
113 0 4
NVDA, D Long

NVDA Long KL: 175.05 SL: 162.00 TP: 250.00

seakuphirun seakuphirun APOG, W, Long ,
APOG: Apogee is heading back to the resistance line
13 0 3
APOG, W Long
Apogee is heading back to the resistance line

APOG bounced off its support trendline and is heading back towards its red resistance line. There is also a potential ascending triangle pattern that could lift the share price up even higher.

Apple22 Apple22 AUDNZD, D, Short ,
AUDNZD: AUDNZD Ready to go short
100 0 7
AUDNZD Ready to go short

from last two day of last week to the entire pattern the completed pattern just need the last move to break for a nice gain.

timj timj PRO ETHUSD, D, Long ,
ETHUSD: Longer term bullish ascending triangle developing...
263 0 7
Longer term bullish ascending triangle developing...

There is a clear ascending triangle pattern developing for ETHUSD. Put an alert / take a long trade if it breaches the double-top that formed around 400, especially on an increase of volume. Put your stop below the breakout candle and give yourself enough room in case there is a pullback. However, once a breakout occurs then 400 should act as a new support.

HamadaMark HamadaMark PRO WINGSBTC, D, Long ,
WINGSBTC: Wings Have Trip
671 5 21
Wings Have Trip

look like Ascending triangle at WINGS BTC that means good chance to get ride at Wings reaction candles good movement above uptrend good touch trend 3 times and bounced back join ride Wings wave buy now 0.00015903 Tp=0.00022184 Tp2=0.0002795 Sl=0.00011993 as we always recommend use capital management we ask Allah reconcile and repay

DLavrov DLavrov TOP DASHUSDT, 240,
DASHUSDT: Dash Triangle Chart Pattern
1719 7 37
Dash Triangle Chart Pattern

The symmetrical triangle mainly forms during a trend as a continuation chart pattern. But this time the price broke the support line and we should consider this pattern as a reversal one. The market confirms that it's going to move lower. Will it be true or fake signal? We'll see soon. But now we must follow the market movement. Based on this triangle, we can spot ...

MarcPMarkets MarcPMarkets PRO ETHUSD, 1440,
ETHUSD: ETHUSD Perspective And Levels: Range Bound Above Key Support.
5694 37 57
ETHUSD, 1440
ETHUSD Perspective And Levels: Range Bound Above Key Support.

ETHUSD Update: The 310 buy trigger has been activated and price has retraced back into the support zone. At the moment this market is range bound and in order to show progress, the 313 to 325 resistance zone has to be taken out. It is situations like this that especially require having a well defined plan and knowing your risk. I am long from 310, but not with an ...

chewg74 chewg74 AMAT, D, Long ,
AMAT: APPLIED MATERIALS Long... one for the stock watchers
52 3 3
AMAT, D Long
APPLIED MATERIALS Long... one for the stock watchers

AMAT, the world's largest semiconductor equipment manufacturer, poised for a breakout from a clearly defined right-angled triangle. Excellent risk to reward trade. With semiconductor sales on fire, AMAT essentially builds the engines that drive the industry.

FreshOilTrader FreshOilTrader PRO USDCHF, D, Short ,
USDCHF: I am being expecting of a fall of USDCHF pair.
234 0 9
I am being expecting of a fall of USDCHF pair.

I prefer to short USDCHF -0.21% pair because a false breakthroughs upside of a triangle and a channel has happened. However, the price is closed in a descending channel now, so we could see that USDCHF -0.21% is limited in a channel structure. So, I prefer to trade a channel more than triangle. Time shows if I am right or wrong. However, look for previous CHF ...

Javatar Javatar ETHEUR, 60,
ETHEUR: ETH/EUR - H1 - Technical analysis
88 0 2
ETH/EUR - H1 - Technical analysis

RSI support breakout in hourly chart. Moreover, chart is in a hourly descending pattern. Trade safe, good night !

MrVolcano MrVolcano PRO LTCUSDT, 60, Long ,
LTCUSDT: LTC heading to 63/64
216 3 3
LTCUSDT, 60 Long
LTC heading to 63/64

For anyone that bought Litecoin yesterday, it's temporarily stopped for a breather. An ascending triangle has formed and price should break out above. The measured objective (which is measured at the largest width of the triangles "mouth") shows that price will likely reach around $63-$64. There is a Fib 76% level that could act resistance on the way, but i ...

iampwned iampwned CLOAKBTC, 30,
CLOAKBTC: cloak ready to breakout
140 2 3
cloak ready to breakout


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