It could take a couple of more weeks to explode, but it is worth to open a long position and accumulate next week. Oil is going up so I don't think this one breaks down.
Mara reached a new high and fell as expected. It started trading into a wide falling wedge out of a bullish uptrend. I would think other than Bullish if it was knifing down. Found consolidation level at 17-17.60 area after double bottom bounce at 16.50ish and looking for a possible break to the upside out of a bullish symmetrical triangle. With bit coin holding...
XRP seems to have managed to form a Symmetrical Triangle Pattern over the past few days. Also, XRP has the potential to form an Ascending Channel after breaking the upper line of the symmetrical triangle pattern. 🔔I expect XRP will go UP to at least the 🔴 resistance zone($0.844-$0.820) 🔴 after breaking the upper line of the symmetrical triangle...
Price keeps pushing higher. It found the downtrend resistance but it wasn't pushed back down to hard. Actually the price is testing again the resistance and I think eventually is going to break up. We may see another small rejection but bulls are in control at the moment. The nice this thing about this trade is that Citigroup pays dividends (%4.03 yield, not bad)....
Look at the chart, we had a double top that didn't play out. That means that the price is going to the other direction so up. This is a gold and copper mining company. Both metals are ripping. I would buy a good position here and if it drops buy more. Is very unlikely to break down the strong support. BTW while you are holding, it pays you more the 4% yield...
NSE:ALLCARGO Triangle Pattern Breakout Timeframe: Daily Date: 18 July 2023 Current Price: 296.90 It can move based on Triangle Pattern target - 340 Disclaimer - This I share just for reference and educational purpose for community. Please do not take trade based on this. For trading or investment please do your analysis.
A cascade of two local support levels has formed on the instrument, tested by several touches, behind each of which I expect to see the participants' feet. Also, the descending design has the form of a triangle with a preload of highs along the trend line, showing the priority of sellers. I am waiting for a smooth approach with net-trading and accelerating the...
After the impulse growth, the instrument is in a long consolidation with signs of accumulation by a major player, as evidenced by increasing volumes, and local updating of local highs and an increase in local lows. There is a strong resistance level at 0.8200, which I expect to break through with the next approach to the level. The instrument is trading at...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
The first point for the Ripple currency is that it is in an upward trend and has reached close to one dollar, so the possibility of growth for this currency is stronger. Considering that it can be said that it is out of the triangle, but if we consider the worst case, we can draw a triangle as shown in the image and consider the safe entry range after the blue box breaks.
VELOCITY:XJSE_RNI_CFD broke out of an ascending triangle pattern a few days ago and triggered a long position. It is looking good so far and if it continues it will continue to make new all time highs, hopefully all the way to our target at the 486 level.
It's a Bearish Market for this Currency Pair, proven at all the zones. The support turned to Resistance and also the triangle pattern. Any break of the triangle pattern to the upside will see it's Continuation on a Bullish trend.
* 1W XRP broke through long-term convergence with the news of winning the lawsuit. * 1D XRP has broken through all the major resistance bands and has now reached strong pink box resistance, and adjustments have come. Even with further adjustments, a rebound around $0.6949 is likely. It is best to support the blue box part with the body of the...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! ...almost a full retrace of the dilly. This is a good place for bulls to prove themselves. Losing this level wouldn't be the greatest look, MO. Other levels of...
Technical Analysis for USDCHF: - Descending triangle forming (consolidation pattern) - If price break support level at 0.8570, we could see continue bearish movement - The break of this support zone would be confirmation of entry - Indicators are suggesting potential bearish movement to come - Following the overall trend of this pair, which is bearish
Looks like a good opportunity to go long on Dow Jones. Just broken the ascending triangle and the supply zone as well and heading towards 35000 Entry - 34592 Stop loss - 34500 ( I would like to see 2hr close below this level) First target - 34750 Final Target - 35000 Please let me know your thoughts. Thank you