• The gold price is encased in a triangle pattern, as seen on the H1 chart. The XAU/USD pair indicated a greater increase after breaking free of the down-channel pattern. • The channel formation was regarded as a bullish reversal pattern from a technical perspective. However, it may test and retest the support of the triangle or the downtrend line in the near...
jubfood made triangle pattern on daily charts & broke out of it with very good volumes & also broke above strong resistance zone of 599-601 & trading comfortably above it. Could be bought with mentioned stoploss & target.
Ethereum ETH pattern repeating 🟡🟢 Look at 2016, 2017-18 and 2021-22 Ethereum built up a triangle pattern🟡before a huge bull flag occurred🟢 Also worth mentioning... the peak of the triangle pattern🟡was the 2nd peak on the RSI Follow appreciated dear Crypto Nation *not financial advice do your own research before investing
Coca-Cola Company stock (KO) appears to have formed an ascending triangle pattern. Therefore, we recommend a long position on the stock. Enter the long position once the price breaks above the resistance with the volume surge. Target shown in the chart.
NASDAQ:TSLA The shares of Tesla Inc., an American electric car maker, are correcting around 921.00. On the daily chart of the asset, the price is moving within the global downward channel with dynamic boundaries 1050.00–560.00 and is trying to approach the resistance line. On the four-hour chart, the signal is being processed after overcoming the upper limit...
BNB is a utility token from Binance exchange. With it, it is possible to have discounts on trading fees and passive income in DeFi/CeFi. On the chart we have an ascending triangle about to be broken.
We have triangle pattern on the Ethereum. If the ETH break up to triangle with volume I'm gonna take a long position. But ET break down to triangle, I'm gonna take a short position. Long Position TP - Triangle - Green Short Position TP1 - Triangle - Red TP2 - Bearish Flag - Yellow
Mana has Broken up it's falling channel , Mana also could break up the static resistance on 0.91$ and it's pullback has happened which we can also assume it as rest to 0.5 level of retracement Fibonacci. I think after a tringle pattern Mana could reach to 1.33$ target. You can use my long Position setup with 2.75 R/R. Just take care of the stop loss. what do you...
HI friends The current state of bitcoin has become frustrating for many traders In the long run we are in a process of suffering. But in the short term we are in a process of reform.The formed patterns mostly confirm the downward trend for us. But experience has shown that in such a situation, a sharp move occurs unexpectedly. Descending scenario: Bitcoin breaks...
The price is creating an ascending channel below the daily resistance of 0.005$. As you can see the daily area is very strong for the market, and the price got several rejections from that area. How to approach it? IF the price is going to have a breakout from that area, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple...
Hello traders! BTC is ready to fall more. Previously, it failed to give big bearish candles, but it is ready for a dip because this pattern is looking strong for sellers. Chances of moving down have a higher probability than moving upward. We will always go towards better probability. In this dip, it can touch 28700. It will form a new pattern at 28700 then...
We tend to see triangles everywhere, we realize that this may be redundant for some, but all modes of chartist analysis are good to go. We also realize that the triangle Microsoft is forming is not the prettiest, but if it is truly a compression triangle, then we could be looking at an upside breakout. Only time will tell, I must admit that taking positions in...
Canfinhomes broke out of symmetrical triangle with decent volumes on an hourly charts. Could be bought with mentioned stoploss & targets.
Hello Traders! Here is another oppurtunity for a Buy entry on Gold. This trade is A triangle Pattern off of a. 618 Fibb entry level. Dont Forget to like Follow And Give feedback in the Comments below 👇. Enjoy the Trade.
BMW is entering the second suwave of the formation of wave c. is currently forming a correction called the triangle pattern. I will enter when breaking subwave d in the triangle and stop loss right at subwave e with RR 1:3. Another confirmation is that there is a divergence on the RSI.
We currently are in a Downtrend ( Wyckoff Distribution Mark down ) , The volume is so low there is currently no accumulation or sign of market maker buying, I am expecting a drop test to 41k very soon.
BTC SHORT Descending Triangle Currently in a Bear market, This is a Bear flag to my beautiful eyes. Risk reward 1:2
Hi Gold is in ending diagonal with ABC construction. Macd also confirm this pattern. We are in fifth wave and raise in his channel to 2150 on the end of August. Have good trend.