Bitcoin is creating a triangular pattern in the weekly time frame. Although the direction of the breakout is not clear, bitcoin seems to be close to the end of the pattern. the direction of the breakout will be the direction of the next trend
There is an expanding symmetrical triangle (megaphone pattern) in Elliott Wave Theory. I'm not saying this is definitely happening, but if we see an impulsive reversal after dropping a bit lower, below wave ((a)) support, then it becomes a possibility. This is the same fourth wave pattern we saw in the Dow where the March 2020 drop was wave E of the triangle....
Hi dear Members . Hope you all are enjoying our ideas and analysis. It seems that have entered a triangular pattern, we should see the Australian dollar down in the coming days. The area we are in is a very low risk area for sell. You can use the lower trigger time frame to enter. To be more sure of the Australian dollar movement, it is better to look at the New...
One more leg down as expected. Posting part II of my analysis to show a beautiful Triangle on 15M chart. Price action shows pivot point reversal reacting to 0.707* (70.7%) of Fibonacci Retracement. Triangle confluence with 14.6% target. *0.707 is the square root of 0.5.
After an swing upward, price fail to reach at least 33k region. Candlesticks inverted hammer & doji consecutive after an peak, bearish. Neckline: the priceaction will reaction from this and pullback to test. Expected a head in formation. Head and Shoulders correction in confluence to triangle. I've wright in baloon 'if price... breaks down... confirm...
Hi trading view community, hopefully, a great weekend was had by all. Looking at oil on the 4H chart today, we see a few signs that buyers are trying to get the trend going again. First, we can see that 108.49 resistance has started to become support. Price continues to consolidate, but that consolidation continues to form an ascending triangle pattern. (AT...
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...
we lost the main level and we expect lower prices as you in the chart. what do you think?1
Wyckoff and Elliott Wave analysis signals we may be seeing a triangle completing. This is the chart I've been discussing for quite a while in various public live streams on YouTube and Twitter.
Wyckoff and Elliott Wave analysis signals we may be seeing a triangle completing. This is the macro Bitcoin chart I've been discussing for quite a while in various public live streams on YouTube and Twitter.
Hello Crypto traders, today we will talk about Cronos coin from Crypto.com in which we see deeper and bigger (A)-(B)-(C) correction from the highs that can be approaching the end soon. The main reason why Cronos looks corrective is an Elliott wave running triangle formation in wave (B) in the middle. In Elliott wave theory , we know that triangles cannot...
price has made sideway correction in form of triangle chart pattern ready to breakout
Bitcoin it is in forth corrective wave. The corrective way is a sideway and create one Running Triangle.
Strong Support Downside!!! As you are aware of my new strategy which is majorly depended upon the HTL (High Tension Lines) with a T (Triangle) formed around. Look at the PERFORMANCE RETURNS generated by my previous posts(ADANITRANS,PHOENIXLTD) it is working perfectly fine if executed correctly mates. Lets all watch how this VTL is gonna go, join me by...
NSE:DMART Stock is forming Triangle Pattern And you can take here a Swing or Positional Trade, on daily Time Frame also Bollinger Band it shows strong buying signal. Target and Stop Loss depends on Investors and the above article is just for learning purpose.
Descending Broadening Wedge ( Reversal pattern ) $AAPL Price makes a low and rises. We then track price as it rises away from the low. We are looking for lower highs and lower lows in a tight range. The lower highs make a falling trendline, this forms the upper boundary to our pattern. The lower lows make a lower falling trendline, this forms the lower...
DPR Bearish Triangle Still Playing out. Websites: www.deeper.network (DPR Main Equipment Website) dpr.deeper.network (Mining Rewards after Staking) www.deeperscan.io (DPR Wallet Lookup) apps.deeper.network (DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info) www.youtube.com (DPR Videos) www.fbi.gov (FBI VPN...
EverestInd made symmetrical triangle pattern on an hourly chart & trading above breakout level comfortably with more thn average volumes. Could be bought with mentioned stoploss & targets