BTC/USD Technical Analysis Timeframe: Daily Bitcoin created all-time high again. We can see in daily TF a symmetrical triangle formed and valid breakout happened. Now we are expecting downward moves to the SUPPORT ZONE.
FX:GBPJPY is preparing to continue its growth amid the strong weakening of the Japanese national currency. Japan's central bank has been underperforming and is not about to do so. The strong bullish trend in the currency pair may be continued. There are no prospects for a trend change. The key target at the moment is 195.844 On H1 it is worth paying attention...
A break of structure, trends in trends, down trend within another down trend which it broke and made a retest and support level. Going with the triangle set up.
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price started to rise in the upward channel and soon reached the buyer zone, but then it rebounded and little declined. After this movement, the price continued to move up and soon broke the 2265 support level, which is located in the buyer area. Next, XAU rose...
We can attempt to buy CNERGY if it gives breakout of above trendline of symmetrical triangle pattern , target would be 6.3 . We can attempt to short CNERGY if it gives breakout of below trendline of symmetrical triangle pattern , target would be 2.61 . Currently We can use wait and see approach and act from specified level.
A trade according to a proven and tested strategy, I like to call it triangle set up commonly known as the break out structure. Took a sell after a retest at a resistance area, and made a double top for further confirmation.
Set up wasn't respected. As planned, a retest was made in the significant level, which was part of my trading plan however, it didn't go into play.
this will complete symmetrical triangle pattern and once breakout, it will fly Targets possible: 1360-1490-1590-1690-1780 Disclaimer:- Please always consult with your financial advisor or do your analysis before taking trade
In this chart we have observed a Ascending Triangle formation we lead towards a upwards breakout. we have place three entry points if you forget to take an entry. TP = 24.22 Entry = 22.55 , 23 , 23.20 SL = 22.38
The GBP/CAD pair on the M30 timeframe presents a potentially interesting situation with a bullish channel breakout pattern. Potential Long Trade : Entry: Above the broken resistance line of the channel, ideally around 1.7170 after confirmation. Target Levels: 1.7244: This represents the height of the channel, measured from the apex (highest point) to the base...
Sometimes, you have to see the things from a different perspective, the chart of Gold against major currencies, writing this on the chart: "" TVC:GOLD/((FX_IDC:CHFUSD+FX_IDC:EURUSD+FX_IDC:GBPUSD)/3) "" you can observe that the price has successfully broken out from a long accumulation inside an ascending triangle and that it's about to break the all time high...
swing trade perfect symmetrical triangle long term opportunity take trade according to own risk this is not call just a analysis.
GME Why hasn’t #Wallstreetbets save their fanboys? GME Weekly chart analysis Let’s compare 2021 vs 2022 Pretty clear and straight forward. 2021 Two green weeks mid Jan.’21 sent price flying from 9.75 to high of about 120.65. Since then, GME has done nothing but make a series of Lower Highs into Support area @ 37.95-45.55. These Lower highs into support area...
Hi. COINEX:XRPUSDT Today, I want to analyze XRP for you in a Weekly time frame so that we can have a mid-term view of XRP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). XRP is testing the top of symmetrical triangle on weekly timeframe Up We Go if we manage to break upwards. ✅ Due...
CHFJPY formed an ascending triangle formation last week. Yesterday, the price bounced and formed a high momentum bullish candle. It managed to break and close above the neckline of the pattern. The pair may continue growing. Next goal for buyers will be a falling trend line. ❤️Please, support my work with like, thank you!❤️
Clearly 160 seems to be a strong resistance however the bottom rising structure also showing strength. Slowly making higher lows marked by red circles. In my view traders should watch gaps pending on both sides and try to enter as low as possible. In a midium term view as soon as this triangular structure gets broken on higher side upside gap will be filled. This...
Reasons for bullish bias: - Price gave LH plus strong resistance breakout - Triangle pattern - Bullish Gartley on weekly Here are the recommended trading levels: Entry Level(CMP): 31.53 Stop Loss Level: 24.52 Take Profit Level 1: 38.54 Take Profit Level 2: Open
This will not be appreciated and who knows if it's right but here's my last macro prediction for the distribution of risk assets. Curtesy of x/ki_young_ju we have what looks like to be miner selling beginning. ETF inflows are still increasing, though. x.com We have what looks like Bitfinex exiting stage left. Easy to see when exchanges deviate from the...