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.
Interesting triangle on NRG, definitely worth to watch, energy sector on a good momentum right now, P/E 4, dividend 3.72%
One of the best trading pattern, that you'll find in every market, are triangles. They are amazing because of a few key benefits: Very easy to spot. Clear way to measure them. They are continuation patterns, so you're not fighting against a trend. They are easy to indicate brakes or fakeouts. This is a great article about them:...
The triangle breakout pattern in Bank nifty 15 mins TF chart What do u think the target is?? Will u trade in this volatile market?? Let me know your views on this
$ETCUSD has broken upwards from a bearish penant, it’s just lacking volume confirming the breakout, and with the overall bearish sentiment in the overall equities markets it may be hard for people to get bullish. We have bullish divergence on the RSI on 30 min, 1 and 2 hour charts and momentum indicator is turning white getting ready to flip green on these time...
The price was rejected from the daily resistance on 96$ after a false breakout from the dynamic resistance, as you can see from the daily chart. After the rejection the price retested the dynamic 4h support as new resistance and got liquidity from the new bearish impulse. At the moment the price is testing the 0.786 Fibonacci level as new support. How to...
Chart is self explanatory. Don't invest and trade blindly.
Finally some market structure... Bullish - Inflation happening in real time. Where will people store their money? - Web 3.0, Metaverse, NFT, DAO's, Country Adoption. - A,B,C,D,E Pattern Completion Bearish - Federal reserve implementing deflationary measures. Interest Rate to Increase. Higher tax. More Regulations. - A,B,C,D,E Pattern not bullish wave...
Jswenergy formed a bullish pennant & is trading beautifully inside it & it looks its in the verge of breaking out of pennant because of good volumes in it. Could be bought at mentioned price with stop loss & targets.
Ipcalab broke out of triangle pattern with ok volume. Buy with mentioned tgt & sloss
AMC has been providing fake buying signals since last June, which has ended up creating a decreasing triangle composed of a buying zone and a series of decreasing maxima. Right now, the price of these shares is placed inside of a buying zone, which in a normal situation could entail a buying opportunity. Nevertheless, as the triangle figure is very close to the...
VET broke out of the triangle pattern and retested the resistance line as support. We are currently hitting a strong resistance zone, once we get past it we can expect A VERY strong move. The price expectation for this pattern is 0.35 DOLLAR.
On Sep 28 price finally, break the long term triangle pattern from Jul 20. After that, the price continue with a strong bearish trend also on Sep 29, however the price last 3 days reverse and again test triangle pattern as supply zone as it is shown on the chart above. If the supply zone at the area of 1.3650 will hold, we can expect that the price will continue...
- DIXON - Clean Breakout forming a Triangle pattern - Breakout from previous resistance at 4690 - Supported with Increasing Volumes
Using the range between 1.26 support and 1.27 resistance, price has formed a triangle pattern and broken and retested the descending trendline. Coming off of the 0.618 level of the fibo, I expect this pair to ride to the previous high and major resistance which is the 1.29 area again. I have put my sl beneath the 0.618 level but I do not believe it will break the...
As AAL is stuck in a decending Triangle it looked hopeful on Thursday for a breakout. Unfortuntly the market did not agree forcing it lower for the month. AAL will now open in the middle of the September channel. Depending on market open reaction I expect it to test the restances at 19.66 19.83 - or - test the support at 18.94. There should be a Reversal play...
Hello Dear Traders! There are two possibilities: 1_ The correction wave is likely to be three-part = { ABC} and then the impulse wave begins and finally experience the rising price. 2_ the correction wave is ABCDE and then the impulse wave and then we'll see the price drop. Tomorrow and the day after tomorrow will make future events clearer BINANCE:UNIUSDT...
The price had break out through the channel over the past two days but it has retrace back to the channel for now. As the price continue to rebound respect to the rising triangle pennant, the market direction are still yet to decide.