Possible breakout of W pattern and retest of W resistance before breaking out of symmetrical triangle. A retest then moon for a new ATH.
Possible breakout of symmetrical triangle. Wait for retest confirmation before entry.
Possible symmetrical breakout for UNISWAP with price target. *Disclaimer: My analysis is not financial advice. Please make your own analysis before trading. Your capital may be at risk.
Symmetrical triangle with target prices of possible breakouts. Leaning more to longs. *Disclaimer: Ideas are not financial advice. Do make your own analysis.
Confluence of trendline, support and fib. Potential reversal to upside for this symmetrical triangle. Personally I would stay away from any trading until we clear the ATH. Trade from confirmation of breakout. *Not financial advice. Just my analysis.
Daily chart shows a completion of M formation (soon) before a continuation to the down side.
We wait for price to complete the double top pattern after the bounce off support level and retest previous support-turned-resistance before trend continuation down.
Should price breakout on the upper side of the triangle, I will be long and looking for price to retest previous strong support level of 1.11840. Price target derived from height of the highest point of triangle.
If price breaks out of this triangle, expect some fireworks. Target was analysed by transferring height of triangle and shifting it to possible breakout area. This give a rough confluence to previous high before falling off the cliff. My triangle/wedge analysis has been quite spot on lately as compared to trend lines and SR areas.
Looking to go LONG on the breakout/retest. Price have been in this consolidation zone and has tested and bounced off support level and support trend line. A retest of 123.192 will a good entry for long. Price currently sits above 20MA and looks set for a break up. SL set at 20MA below recent swing low. All the best!
TP 1 Met, moved SL up and moving towards TP2. Price met TP1 and broke out of previous downward trendline toward next resistance 1.56754 What I love about this pair was when i saw them last week, it had formed a beautiful, almost perfect cup and handle pattern and I have been trading from zone to zone since the breakout from the handle.
Price has touched and rebound off support trend line and support of 0.94868. Looking at a V-shape recovery due to strong sellers push to trend support. Zoom out on Daily tf and u will see 0.95984 is a major SR line. Do share with me your thoughts too! Have a great day!
Inverted Head and Shoulders. Entry triggered from break of previous shoulder resistance (pullback).
Price broke out of trend resistance and retested it. Going for long.
Price broke trend support and retested it. Will move down to next trend support. Entry triggered from previous break of support level.
Price has broken out of symmetrical triangle with retest on 1.77162. Price target based on widest part of symmetrical triangle and transferred to breakout point. SR 1.77473 TP 1.82000 SL 1.76114
If price breaks and confirms below the ascending broadening wedge, price to go down to next fib target 0.382 (1.14878). Target was measured using highest point of wedge to the bottom and transferring it to possible breakout area, which gives a nice confluence to fib level.