The instrument formed an aggressive preload to the level on large volumes, adjusted slightly and got into a trade under the level, which indicates the buyer's strength to push the price further to update the maximum. The resistance level is confirmed by several touches and keeps the participants' feet behind it.
Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ Gold (XAUUSD) 4h time frame 🟡 Gold is perfectly respecting a minor rising trend line. So far, I would expect a bullish continuation from that. Goal for buyers might be the underlined yellow resistance. If you are looking for shorting, consider a bearish breakout of the trend line. I...
We will soon enter the continuation of the bullish phase of the mask, the bullish triangle is clear in the picture and we will go up quickly
Silver has been in a bullish trend previously but then it took a pause and formed a Ascending Triangular Pattern. It showed no signs of Bearish Divergence and it has broken then neckline also meaning that the bullish trend will continue further
Price finally managed to break the triangle.the price can easily reach the target(0.13) after a little correction. Previous Analysis: ✅Access trading ideas, build strategies with drag and drop, backtest, and automate your trading for passive income with our Sponsor's platform Vestinda. check it out using the link in the Description. _ _ _ _ _ _ _ _ _ _ _ _ _...
Assalamualikum everyone i hope all is well Market is going to bearish but dotusdt break triangle pattern. so according to technical analysis market will be going up. there are some reason for taking this trade * break triangle pattern. ** market retest triangle line. **************GUD LUCK******************
Mr. Gold market knew lot of traders trading chart pattern. He need to “disguise its appearance” and so it appear that not “perfectly formed in shape”..
Possible triangle scenario Possbile target cab be seen on the chart Goods: + 4h Resistance break out + New volumes + New support at 0.9
The coin forms an active preload to the accumulation of local resistance levels, which are confirmed by a lot of touches and have accumulated the feet of participants behind them. The buyer's strength is noticeable by the rising and consolidating lows, as well as his goal will be to update the maximum with the collection of stops.
The instrument is in a downtrend, the lows are updated, the volumes are decreasing, these grounds indicate a loss of buyer's interest in pushing the price up, while the chart shows the seller's global downward dynamic pressure. Against this background, a short breakout level has been formed with several touches, after which I expect the triggering of stop orders...
NSE:DMART Formation of triangle pattern in dmart in 30 minutes timeframe. but in longer timeframe its in downtrend . before going into the trade wait for proper retracement and look 2 3 confirmation.
OANDA:USDCAD Hi trader's .. Market breakout downside from descending Triangle Market reached major support level , as market now in over sold area so possible pull back from support level expected Price Can make double bottom at 1.3556 area and from there buyer's can push market toward's 1.3645 area
Not financial advice. $LULU Be careful chasing. Inside of a possible A,B,C,D,E, triangle Usually these triangles are forming for distribution. Like, share and subscribe. Thanks. Alex!
Can get to 75 or 80 if breakout confirmed. Will wait for the confirmation before entering.
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price trades between support level and area. The last time when Ripple was in support area, it bounced up to $0.4010 point and made correction to support level. Next, price continue to rise inside from triangle and recently exited from...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 After British Pound bounced from resistance line to $0.8800 level, price at once made upward impulse to resistance area. Next, price declined and started trades inside from rising channel. Also, British Pound broke $0.8870 level, left channel, and fell below to...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this DYDX/USDT trade setup. DYDX looks bullish here. Breaks out from the ascending triangle in 4hr time frame and currently retesting it. Long some here and add more in the dip. Target:- $2.58 Target2:- $2.72 Target3:- $2.88 Target4:- $3.10 SL:- $2.26 Use low...
A triangle pattern is spotted here i think something is gonna happen lol may be another huge bull run Please do your own research