TPGY with an ABCD to finish off its wave 1. Then retraced down to the .786 for a wave 2 completetion. Has now finished a triple bottom consolidation right around the A leg of the ABCD which is the min expected value. Technically this is all very sound, so I have take the time to make PT on its projecting to a Wave 3 (1.618). A lot of upside on this one, but a...
After a much rather heavy bullish run, I believe the greenback still has this pair under their control as price may be tempted to accumulate here at this current local support, if a triple bottom is formed, it'll respect our optimal risk to reward for entry as close as we can get price to retest the previous 2 hits on support.
Hello traders !
We have a Triple Bottom formed and also a resistance level breakout. Now we are waiting for a retest so we can confirm this zone, our fibo levels and VWAP -> that means we can see a shift in the market direction. Also fundamentals are more into USD because our 10-y yields are rising and investors are putting their money into USD.
Thank you for reading !
Obvious large bullish momentum after price retraced to the 50% Fibonacci level of the A-B impulse move
Price formed a triple bottom between the consolidation zone of $17.5USDT to 22USDT. Squeeze indicator showing momentum shift to the upside
Price has broken the $22USDT resistance level forming a higher high and has currently pulled back to...
Anyone who has studied chart anatomy will recognise this trading setup, no surprises here. Prices trade within the range three times (We are heading to or are already on our third bottom, preventing future declines. Will the USDZAR price descend below these prices in the foreseeable future? I don't think so, at-least not in a long time.
Am I saying you should...
AVAX has previously seen a strong rebound from the 22.50 area. This trade is based on that same idea.
Before entering this trade wait for the price to touch the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due...
Started to build a triple bottom pattern more visible on the 1 hour chart. If it breaks through neckline, UMA will start a bullish wave pattern which will re-test the all time high's. What are your thoughts?
The price is retesting the neckline of the inverted head and shoulder . It is potentially a very good support for a long entry.
I'm playing the bounce with the red line as target (swing trade).
I'll close the trade if we break below the neckline.
EUR-AUD established triple bottom and is looking bullish
Therefore, we are waiting for the breakout of the resistance
Of the small falling channel
And then we buy on pullback
With 4 targets in sight
Cover half after target 2
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cancel out the noise from wsb and fintwit. technicals were not ready for the forced breakout monday, so chart looks wonky.
25-26 levels are tough, but once we get past them, we will see bigger moves.
triple buttom, cup and handle. call it what you want. it's bullish~