Possible ABCDE corrective closed triangle pattern on 15m Gold chart. News may decide the outcome. Break and hold below bottom of triangle can test minor support zones as marked below white dotted lines. Read between the lines. Risky management is key. Follow for more!
BINANCE: SAND/USDT SAND is being compressed in a triangular wave pattern. If there is a break down of the lower edge of the triangle, I think the price will find the lower zones. I am inclined to the bearish scenario for the moment. The range of 0.0462 - 0.048 would be the price zone where I look for entry short. The stop loss will be around 0.0513 Take profit:...
DASHUSDT the price is inside a triangle and it tested the daily resistance creating a Head and shoulder. The price is losing bullish momentum, and we can see another retest on monthly structure. According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
Hi guys! AUDUSD, Australian data looks promising, US data looks even better according to the forecasts. Hence, a slight difference may play a great role in this pair. My suggestion here is - wait for a breakout from the triangle then go long, or open a long position here and place your stop loss below the dynamic support (Risk-Reward ratio won't be great and...
FX:NZDUSD After a Head and Shoulders pattern on a daily chart, a bearish Crab pattern and a rising wedge on a 4 - hour chart (linked below) ... Now we get another bearish signal - Triangle formation with a fake-out on the 5 contact point . Take profit at triangle height after breaking formation (around 0.663). Stop loss at point 5 top. * make sure to take...
Starting from the left hand side, it could be observed that there is an impulse movement with a 3rd wave extension which has the 5th wave truncated. A ((A)(B)(C)) correction was instantly noticed, this lead to formation of a Bearish Barrier: The upper line (resistance zone) was constant while the lower line (support zone) kept ascending giving life to a barrier...
Not much has changed, keep up with Fibonacci golden retracement zone 50% & 61%. Fundamentals playing a big part here. Anyone that rode (A) Leg on the wave did the right thing, over 500 pips there. We are reaching a strong resistance now with signs of rejection. I’ll be looking forward to another discount on gold near the golden zone again ( or lower if possible...
DDOG looks to be in a Wave 4 triangle of Wave 3. Breakout should led above $110 but ultimately move back down for Wave 4.
If you are considering buying EUR it is very likely that there is a better option than EURUSD. One such example is EURAUD, where we are in a triangle formation. We expect to see a breakthrough and a continuation of the upward movement. For more opportunities for trades, as well as specific parameters, contact us! Like, comment, follow!
Triangle formed and broken. Wait the pullback, then sell. Target: Triangle size. Keep it simple. Good trade!!!
Correction was finished, gold prepares to going up one more time. Wait the breakout and pullback, then buy. Target: Last higher high. Keep it simple. Good trade!!!
Hello Fellow Trader! Oil has been sold down quite hard from August highs giving back 17% in 13 trading days. Wedge patterns are generally a sign of trend continuation when broken to the downside, and when found within bearish momentum trends, can become quite potent. Key Points: - Daily Chart – Showcasing the major support and resistance levels - Price holding...
Well guys, in the moment, Ethereum has the same signal of what Bitcoin do, We are on this ascendent triangle, that mean a bullish pattern and reversal of the trend, magically if Bitcoin up, Etherum up too. In H4 timeframe we could to appreciate a ascendent triangle in formation to later explode up!!!
Gamestop is on a corrective course of action and while the dominant trend is still bearish, we believe that Gamestop will be making new high based on the technicals First, the price has broken out of the falling wedge and price has clearly rebounded and closed above 61.8% retracement twice. Secondly, there is a larger inverted head and shoulder formation....
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a BUY limit.