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Trianglebreak

EURJPY multi time frame analysis shows it is necessary to shortOn my previous post on the 1 hour I showed a triangle which should've broke to the downside, once I see that happen I will enter a short position which i will manage on the daily time frame. Both of these posts demonstrate the need to short the market rather than go long. In summary I will use the hopeful break of the triangle on the 60 minute to confirm an entry into the trade on the Daily. Good luck! If you found these helpful please like this post as i will be able to see if you guys found my first couple posts useful, Thank you!
Short
by A4R0N1
XRPUSDT is trying to have a breakout from a descending triangle XRPUSDT is trying to have a breakout from a descending triangle. The price is between weekly structures. IF the price will have a breakout from the resistance and retest it as new support, we can add to our watchlist and wait for apply our rules, otherwise, if the price will lose the weekly support, we can look for a short position ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
by InkyGrip
10
CMCSA trying to break out!CMCSA has been forming an ascending triangle since March of 2021. With a Beta of over 1, the clear up trend on the weekly and even monthly makes sense. With a Payout of 36.80% CMCSA guarantees a lot of room for growth and further dividend increases as well. Technically: * Looking at the price action over multiple time frames it seems like CMCSA may be breaking out in the coming week. Trade Idea: There are a few things you can do to enter this trade. * You can enter now before the breakout. This would give you a nice return. * It may dip a bit before trying to break resistance again so you can look for buying opportunities around the $57 area. * Or ultimately you can wait for a clear break of this resistance before entering. ** The measured objective (target) for this pattern break out would be in the $65.78 area Regardless of what you choose CMCSA is a great long term hold and is positioning itself for a move higher.
NASDAQ:CMCSALong
by HaseebKhan_90
BELUSDT is testing the weekly resistance 🦐BELUSDT is testing the weekly resistance inside a triangle. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
Long
by InkyGrip
11
USD/JPY Multi Time Frame Analysis - Possible UptrendPurple Line = 4 Hour SNR Red Line = 1 Hour SNR Yellow = 5 Minute SNR 4 Hour candle close above 4 Hour support level and on 5 Minute chart we can see clear triangle which is break in uptrend and now if we see pullback price should go high at least till new 4 Hour Trendline Resistance If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas If you have some suggestion, comment or other opinion feel free to write it in comment Wish you succesfull and consistent trading with profits! This is not an investment advice. "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
Long
by ArmaTrader97
ETH/USDT time fram 6hBINANCE:ETHUSDT There is a triangle in the 6-hour time frame and the price is going up The present is at the bottom of the triangle and the red line at There is a chart intended as support It is below the beginning of the previous wave and can be a support range And there is a range of resistance within the triangle that if you look You see, the price has penetrated that level many times, but Go back down and see if the price can break this Have a range Fracture of the triangular roof can be convenient
by Dicoinex