swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
If is this an Elliott Wave Corrective Regular Flat(3,3,5) then we can expect some short term downward movement to complete C?
Bulkowski ABC Regular Flat:-
thepatternsite.com
IDENTIFY AN ASCENDING TRIANGLE PATTERN
The market must be in an uptrend before the ascending triangle appears. This is important and emphasizes that traders should not simply trade the pattern whenever the ascending triangle appears.
Buy after breakout and retest of level 25200$ that will be perfect and safe entry.
If you like to go with little risk and...
The bull pennant we are in shown here on the 6month time frame seems to have a symmetrical triangle for its flag. The breakout target for just the symmetrical triangle is in the $33 range. Factor in the pole of the flag and the potential target skyrockets to 1.2k. Definitely not financial advice and certainly no guarantee it will hit either target as it’s still up...
Ascending triangle with monthly, weekly, daily, nPoc support levels. Pattern should play out within this week ending Feb 24, 2023.
The ascending triangle is a bullish continuation pattern which signifies the continuation of an uptrend. Ascending triangles can be drawn onto charts by placing a horizontal line along the swing highs – the resistance – and then...
#Bitcoin 4hr #TA
As per present scenario, #BTC moves with #Ascending Triangle Pattern ans soon will be chances for some #Bullish Signal in Feb. at final high wave of #BullTrap upto $27.5k to $29.5k, but after that it will Return back with more #Bearish Signals in March & April.
I believe these ascending triangles are pointing to a breakout here, converging right at $25k, and it could be the one to finally overcome this beast of a resistance. Been a tough battle here. The triangles are a little malformed, but clearly they're getting smaller, and culminating to a point. We are almost there... rejection wouldn't surprise me, but I'm leaning...
Well, i dont know if the reverse split going to affect, but we are watching very interesting activity here, and a potential symmetrical triangle formation, pointing 120% to the upside.
Marathon Oil has staggered along with other energy stocks in recent months, and now traders may see risk of a selloff.
The first pattern on today’s chart is the series of lower highs since mid-November while prices bounced at or near $26. A potentially bearish descending-triangle pattern has been the result.
Second, consider how that triangle began soon after...
FCT has formed a Symmetrical Triangle with a hidden bullish divergence on RSI. Inverted Head & Shoulder pattern too could be in the formation.
A close above descending trendline resistance generally indicate a bullish continuation while a close below long-term ascending trendline support generally indicating a bearish reversal.
Disclaimer: Please conduct your own...
Today we're taking a look at Bitcoin & a potential bullish breakout trade featuring one of my favorite breakout patterns, the ascending triangle. We'll talk about what makes this potential opportunity a good one as well as a few MAJOR things that you should be aware of before taking it. I'll also show you my method for how I project target levels.
If you have...
Bitcoin looks extremely strong these days; there is probably nothing that can stop the rise at this moment. This is an analysis on the 1h chart that could give you 2 potential trades.
On the first trade, you want to buy/long the ascending triangle's support. If this trade fails for some reason, there is another trade that you could take. It's at the start of...
BTC has tagged the previous weeks higher exactly.
An ascending triangle pattern in the short term is forming.
The HTF key area is holding as resistance where price is attempting to break through, this is the 5th attempt during this HTF range.
BTC/4H Ascending Triangle with yellow uptrend line and white horizental line
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With the ascending triangle that btc formed and the consolidation at the high of its range showing the bulls might want to push it higher ~26849 then hopefully bears will enter and...
