AUDJPY - triangle breakout + bullish impulse?D1 - ascending triangle inside bullish trend
H1 - potential bullish impulsive structure to complete.
Looking for breakout above the previous swing high along with the bullish structure to complete, to confirm bullish continuation and start looking for setups.
Triangle
Symmetrical triangle in Mantradao Cup and handle near completionThere has been a symmetrical triangle pattern forming inside the handle on Mantradao's cup and handle pattern on the daily chart. Considering the potential for Ethereum defi tokens given the recent Eth upgrade, OM may have just printed the final higher low before breaking out of this triangle.
EUR/JPY Breakout Triangle with Trend!The Euro may be in a downtrend but the Euro Yen has been getting stronger for an entire year!
Part of it in my opinion has to due with the Yen weakening. Now that it has broken above the yearly high I think it will continue higher.
So lets dive in todays lesson on how you could take advantage of trades like this in the future.
(All opinions expressed are for educational purposes and this is not a recommendation to buy or sell.)
Trade Well,
Clifford
Potential trend reversal could see OMBTC at 900sats soonMantradao's OMBTC pairing on Binance appears to be forming an ascending triangle which could be a reversal pattern. It's arguably working on an inverse head and shoulders if you squint hard enough). If it were to break to the upside, the indicated price target would be around 900sats. However, one must remember that this is a very new chart and be accordingly cautious.
BTC/USDT Pump !BTC/USDT is forming an ascending triangle. In 1-day time frame.
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns.
Always use stop loss. Wait for a breakout. Confirm with other indicators also :)
Comment your opinions below
ADA/ETH Symmetrical TriangleADA/ETH Pair is forming a Symmetrical Triangle on 4 hr time frame.
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Symmetrical triangles occur when a crypto-currency price is consolidating in a way that generates two converging trend lines with similar slopes.
Please comment with your opinion and suggestions.Thank You
Bitcoin Looks To Break $50,000: Ascending Triangle Pattern!Hi Everyone,
The last 7 days have been incredibly strong for cryptocurrencies and the moves recently seen in Bitcoin have me thinking we might even see some new ATH's! In this video we discuss the coiling formation appearing and the 20 exponential moving average which has held bitcoin buying support on the 4hr chart.
Good Luck everyone and remember to follow for a new video every 24 hours,
Tom
GOLD longs incoming... Gold price trades positively to breach 1882.40 level and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the morning suggested decline and leads the price to visit 1900.00 level initially.
Week ahead fundamental sentiment:
MON: CBR Minutes, Japanese Jibun Manufacturing PMI (Oct), Chinese Caixin Manufacturing PMI (Oct, Final), EZ, UK & US Manufacturing PMI (Oct, Final), US ISM Manufacturing PMI (Oct)
TUE: US Election, RBA Rate Decision, BoJ Minutes (Sep), EZ Finance Ministers Meeting & Japanese Culture Day; Turkish & Swiss CPI (Oct), New Zealand HLFS Unemployment (Q3)
WED: Hungarian Minutes (Oct); Australian Retail Sales (Sep), Chinese Caixin Services PMI (Oct), EZ, UK and US Composite & Services PMI (Oct, Final), US ISM Services PMI (Oct), Canadian Trade Balance (Sep)
THU: FOMC, BoE, Norges Bank & CNB Rate Decisions; Japanese Services PMI (Oct), Swiss Consumer Confidence (Q4), UK Construction PMI (Oct), EZ Retail Sales (Sep), US Challenger Layoffs (Oct), US Initial/Continued Jobless Claims (w/e 26th & 19th Oct), Labour Costs & Productivity (Q3, Prelim)
FRI: RBA SOMP, Fitch Reviewing Germany & Moody's Reviewing Italy & Greece; New Zealand Inflation & Monetary Condition Forecasts (Q4), US Labour Market Report (Oct), Canadian Labour Market Report (Oct) & Ivey PMI (Oct) NFP DATA US






















