Trader TheCoinsofCharon — Trading Ideas & Charts

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Long Santos #STO #ASX # ASX200 # Trading #breakout

STO

, 1DLong

TheCoinsofCharon P

Hi all, An ascending triangle is classified as a continuation chart pattern. Continuation patterns are expected to lead to the continuation of an existing trend. While the ascending triangle is considered a bullish continuation pattern, exceptions are quite possible. It’s not infrequent to see it develop in downtrend conditions. Breakouts can also happen in both...

Weekly Chart #BTCUSD Rectangle Target

BTCUSD

, 1WShort

TheCoinsofCharon P

Hello Traders, A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels, exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated. The price will “test” the support and resistance levels several times before eventually breaking out....

Long Position #ASX #Trading#

WEC

, 1WLong

TheCoinsofCharon P

Hi all, This is a very interesting pattern that we can take advantage off. Price is consolidating and a breakout may occur soon. Risk management is very important here. I never look at fundamentals. So, do your own homework. Thanks, The Coins of Charon

Long Position on #GDC

GDC

, 1WLong

TheCoinsofCharon P

Hi all, This is a very interesting Pattern. We had the breakout and the price now is consolidating. It offers a good Risk reward opportunity. As always, do your own homework. Regards, The Coins of Charon

Good Risk Reward - Learn it.

IAG

, 240Long

TheCoinsofCharon P

Hi all, Look at this chart. I do understand that the sentiment is bearish. But the RR is good. It is a long term consolidation. Just think about these scenarios on your trading. Thanks