GBPUSD formed 2 very bearish patterns: We see a double breakout of both the support line of a symmetrical triangle formation and a rising parallel channel. It indicates a local dominance of the sellers. I expect a bearish continuation at least to 1.26255 ❤️Please, support my work with like, thank you!❤️
A large triangle formation has formed on the JTO chart, and before breaking out anywhere, it may pull back towards the 1.93 region and then experience a nice increase. NOTE: Unlike others, this analysis has not been thoroughly researched due to personal reasons and has been looked at only instinctively. If you have the opportunity and time, looking at other...
SPY - Result - Chart Pattern Broken (Downtrend) - Unfortunately the downtrend occurs during (aftermarket hours).
The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a triangle pattern. Sell Entry: Consider entering a short position around the current price of 1.0842, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish...
It's almost nearby the end of market - not sure if the line will breakout the pattern in time before market close. Let's wait and see.
Monitor Closely for possible Triangle Breakout, then buy PUT
Do not buy, til there is breakout opportunity with confirmation.
Post this, to show the example to Leo, who can check it out, and get notification via e-mail. ENJOY!
The market really wants this stock cheaper. Price is landing on a demand zone. If you like Tesla and think in long term you start accumulating from here. It needs more work to break out the triangle, maybe next year but when it does is going to be massive. Price can also be pushed down to lower vertex of the triangle. That would be ideal but I see a lot of buyers...
After rebounding from $38,555 (near the $38,000 highs of November 2023) and breaking out of a bear trap descending wedge, BTC seems to have formed a symmetrical triangle around the support/resistance level of $42,700. This value is determined by the fixed range volume profile (FRVP) applied to the price behavior since breaking $40,000. Both the MA100D and MA200D...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago started to trades in a triangle, where it first rebounded from the 1.0725 support level, which coincided with the buyer zone and made a strong upward impulse to the resistance line, thereby breaking the 1.0920 resistance level. After this, the...
Hi Traders ! On 4H Time Frame, The CADCHF Price Formed a Descending Triangle Pattern. The Support Level is Broken. So, I Expect a Bearish Move📉 -------- TARGET: 0.64400🎯
We can see the total2 chart’s price action has already reached the full target of the purple symmetrical triangle breakout. In doing so it also went above the yellow double bottom neckline and now is quickly making its way to hitting that full target as well. That full target is a 988 billion. In the meantime it appears like we may see a weekly golden cross soon....
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
The EUR/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a triangle pattern. Key Points: Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging trendlines. This pattern can be interpreted as a continuation of the prior trend or a potential reversal...
Quite the long-shot macro idea here. Looks like a H&S; is forming - if so, short from the right shoulder, DCA'ing into the position. Exit near the bottom of the triangle. After the price breaks out from the triangle, there could be fireworks to the upside, after a test and retrace. This is entertainment for me, this is not a serious post. DYOR.
NVAX on the 15 minute chart has been compressing price action volatility into a symmetrical triangle. It in now in a breakout of the triangle and in the process when from undervalued on Monday to the upper trendline and then down to the support trendline and then up again. It passed through the volume profile and its high volume area. In short, it has bullish...