New user, experimenting with the various features of the site... Am I doing this right, lol?
Symmetrical triangle forming, volume decreasing, stoch rsi and macd following expected trend. For swing traders, short at 61-62 and long at 55-56
Good day (and night :-)), All! FTSE* FOREXCOM:UKXGBP has been moving within grand triangle structure since May 2017. Currently, minor WW is shaping as the index bounced of point 4 and is heading North to point 5 (basically the wave is forming right in between the borders of the triangle). Once successful and if major violet formation holds well, it can...
Let's see if we get some bullish momentum near the lows. Will post chart updates on this one
We are currently in an EW Contracting Triangle. This formation can raise the course by the resistance at 0.842 at the end of the triangle. Whether the assumption is confirmed can be seen at the latest at E. Here would be a good once in a long position.
Bitcoin weakness should be ending soon if we were on a triangle formation, strong support anyway around current level...
EU - abcde triangle need price cross over .1186 to be confirmed. if price break .1160 to the downside alternative scenario abc may develop.
After the previous article in which I discussed how Gold might be moving in a 3 legged correction, it achieved the target 1 mark and then started moving hesitantly in a sideways fashion, now it seems that the correction might have taken a complex structure and quite possibly a Triangle. Please note that this can also be some form of complex flat structure however...
Our potential 5 wave structure still holds. We could be in a 4th wave triangle breaking after hitting E. A risky trade is to wait for E and a reversal to go short to 110.555 Less risky trade is to wait for triangle break after reversal at E, wait for a downwards formation and short to same target 110.555
brexit whay? Don't get caught in a pickle. Use SL and be responsible. These events are when accounts get blown, or doubled. Pick the right side!
Chart explains it all, Possible short term buy to the upside but I'm only interested in the shorts! Appears to be either making a flat or triangle as a complex B wave for Impeding impulse C to the downside!. Thanks for looking and have a good week.
Need structure to develop more but triangle could be likely, maybe flat?! Trade Responsibly :D
Hi traders, Planing different trades this week! I see a nice buy set up in EURCAD I think we have a clear structure in both 1H and 4H charts, looks like a triangle correction from a past impulse. We had 4 moves already so the fifth move is likely to happen due to the formation of a flag. If we trade the breaout of the flag we will have the chance of a 140 pip...
Let's see what we got! Trade responsibly!
with all this unnatural weather it only makes sense to go long on COFFEE!!!! Grab your espresso and lets rock!