EURUSD in Triangle formation now need to wait for breakout to happen, as mentioned in chart targets depends on the breakout side.
Hi Traders! There is a long-term symmetrical triangle pattern here on the AUDUSD monthly chart. With symmetrical triangles, breakouts could happen on either side. That being said, from looking at the recent price action along with recent fundamental events that have taken place over the past couple of days, there is a long-term bullish bias to this setup. In...
NSE:TRIVENI www.tradingview.com PS: Invested, for educational purpose only
BINANCE:ETHUSDT Head and shoulder pattern if the neckline is broken In fact, it gives us the confirmation we need
Cardano made a nice push up and Now on the hour a trapped in a symmetrical triangle. 50/50 breakout chance and pay attention to the MA50 on this timeframe we are dancing around it now. Should we really get below it with a clear rejection then that could bring the price further down. Both the price target of the symmetrical triangle and the MA200 meet with it. Yet...
If you have been following me, you should know that I was a born counter-trend trader, but you might not be aware that I am also a Breakout trader. What I love about breakout trading is the sudden spike of movement that brings me instant profits; nowadays, I do lesser of those trading setups. I'm waiting for a break and close above 0.9345 for further confirmation...
waiting to see if $42 is supported to see a move high, if not then possibly down to $30
Gold have “evolved” from cup to spoon & handle pattern or “famous” VCP pattern or “triangle pattern”..
break a rising wedge in downtrend at TRON chart we have 3 scenarios n.1: pullback to the break point and falling down to the green area n.2: pullback to the trendline and make a falling flag than falling down to the green area n.3: close under the 0.052$ with bearish candles than complete 2legs of the falling I think we have 0.04$ for target at all green area :...
NSE:APOLLOHOSP large cap health care stock is touching triangle's resistance for 5th time in this year. With positive earnings and bull market, this breakout can sustain if pharma sector picks momentum again. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing...
NSE:BALKRISIND mid cap stock bounced strongly from its support. Pros: Consistent increase in profit Low PE ratio Consistent dividend payout Moderate debt to asset ratio Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing analysis, not a call. Profits...
NSE:ABB large cap stock is facing rejection at its resistance 5 times in 2 months. A strong breakout can result in good up move along with bull market. In case of reversal, clear triangle can be formed. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing...
NSE:BATAINDIA mid cap stock is forming triangle pattern. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing analysis, not a call. Profits are not made from following ideas, but by following Risk Management .
Hello traders, today we want to update our Crude oil chart compared to USDMXN currency pair from October 06. As you can see, Crude oil remains nicely bullish after we spotted a bullish reversal out of the wedge pattern. At the same time USDMXN pair is breaking out of bigger bearish wave B triangle pattern. Well, Crude oil is now trying to continue higher within...
NSE:MINDTREE large cap IT stock is forming triangle pattern. Even though it breaks triangle's resistance, only after breaking US resistance, good up move can be expected in IT stocks. However with trailing SL after strong break can be tired. Also know this news: NSE:MINDTREE and NSE:LTI to be merged. Upon the scheme becoming effective, all shareholders of...
UNI Symmetrical Triangle DTF. Bull target top of the range and Bear target bottom of the range. Ascending Triangle leading up to the mid range, lets see if we can break the MID RANGE for continuation. Nice simple trading setup for long or short trade.
Crude oil has been trading south for the last couple of months, but the price action is not so strongly bearish anymore and the wave structure is getting overlapped. It means that Crude oil is running out of steam within an ending diagonal (wedge) shape. Well, with current break out of that wedge pattern and with recovery above the upper ending diagonal line,...
XRP H4 Symmetrical Triangle with Bull and Bear Targets. RSI printing a Hidden Bullish Divergence. Trade setup for Long or Short.