1) AudUsd = Uptrend 2) Triangle Breakout = Trend Continuation Watching Rejection Candle from the support area In Red. *** Please Like/Follow for more trading setups ** Leave comment to exchange views * Thank you
Looking at the 4hour chart of EURUSD, it can be found that an inverted Head and Shoulders is forming as seen drawn on the chart above. This signals very strong bullish movement. A triangle formation is able to be formed as well in the 4 hour time frame (Not shown here) which corresponds with a bullish movement as it breaks upward from the triangle. Looking into...
PING AN - detailing complex Correction with HT (3-3-3-3-3) wave structure. Regards, Team Traders "PowerfulTraders" flat
DXY DOLLER INDEX ELLIOTTWAVE TRIANGLE FORMAT
How do you Trade it? What is a triangle pattern in technical analysis How is the pattern constructed How and at what points in the pattern do you trade a triangle Elliott Wave triangles are corrective patterns that consolidate the previous trend. Elliott Wave triangles consist of five waves labeled A-B-C-D-E . There are rules and three guidelines in...
We can go long as soon as the price touches the lower trendline in an aggressive approch, or in a more conservative way we can wait till the price pierces the upper trendline and confirms start of wave 5
First, congrats for your both targets on GOLD !!! GOLD: Eliot wave analysis on triangle pattern & retest strategy: Here is another strong and clear confirmation for GOLD Long. Technical indicators and technical analysis are more in the upward side after the rejection of the retest on the 3rd local triangle (RED triangle), after retesting the uptrend of the local...
That looks like a decent shorting opportunity to me, with a down trending market on the 1D. Again I highlighted a key zone with resistance acting upon this pair multiple times on the 4H. I zoomed into the 1H to find it has been rallying up creating this triangle flag pattern. If it does not breakout before reaching the light blue box, I recon this will be a good...
GOLD: Eliot wave analysis on triangle pattern & retest strategy Here is another strong and clear confirmation for GOLD Long. Technical indicators are more in the upward side after the rejection after retesting the uptrend of the local triangle pattern (It is a reccurence over the hole week as u see in the chart, and that reflects the buyers...
GOLD Long position: Confluence rejection: Breakout & Retesting the global Trend-line (99% Long) As we can realize that GOLD had succeded to breakout the globale triangle pattern, after many rejections by the weekly trend of the globale triangle. This retest scenario was expected, and that trend contains now (and before) many pending orders ... It will surely...
GOLD /USD Long position after confluence, Triangle breakoutPullback: retesting the local triangle upside: Short-term analysis - GOLD Long position: Confluence rejection: Breakout & Retesting the global Trend-line (99%) As we can realize that GOLD had succeded to breakout the globale triangle pattern after many rejections at the weekly upside of the triangle, it...
GOLD globale analysis for long and short term
Triangle pattern that will be subsequence this target
GOLD Long position: Confluence rejection: Breakout & Retesting the global Trend-line (99%) As we can realize that GOLD had succeded to breakout the globale triangle pattern after many rejections at the weekly upside of the triangle, it was expected to retest thatTrend what contains now (and before) many pending orders ... to continue at the upside till the 1721...
Let's see if Gold is able to hold the psychological level 1700 if Gold breaks below 1700 ~ 1690, The next target will be heading back to 1670. if Gold is able to hold the 1700 level and the price rally above 1722, It will trigger more buying volume to push up the price to 1740. Disclaimer : This is not an financial advice. This is solely base on my personal...
If the trend of more triangles continues, the bitcoin chart may become to big one triangle from end 2017 to first quartal 2021. It will end about 6 000 $ . If the forecast will be right, will be advantageous short position with small leverage (to 2.5x). Lately long and this will repeated several times