The EURGBP successfully broke through a resistance line in an ascending triangle pattern on the 4-hour chart and ended below it. This indicates that sellers are in control and raises the likelihood of a return to a bearish trend. The next targets for sellers are at 0.8529 and 0.8505.
Hello Alpha Traders! Let's delve into Bank of Baroda today. Here's a snapshot: 📊 1-Hour Trend Analysis: NSE:BANKBARODA is currently riding an upward trend in the 1-hour session, showcasing resilience at support levels. 🔄 Support and Resistance Dynamics: Observing a pattern where the stock breaks its resistance, retraces to find support, and then...
Hi Traders ! On Friday 1 Dec 23, The EURAUD Reached a Strong Support Level (1.62340 - 1.63280) The Price Formed a Symmetrical Triangle Pattern. Currently, The Resistance Line is Broken. So, I Predict a Bullish Move 📈 ---------- TARGET: 1.67610🎯
What market participants expected: - 2023 Sept: Betting one last rate hike (a 4th in year 2023) in Nov/Dec FOMC meeting. - 2023 Dec: No rate hike in Dec FOMC meeting. Afterwards, expected the Fed to cut in March 2024 What the Fed told us: - According to the 'dot plot', majority of committee anticipate a 50-100 bps cut by the end of 2024. - Powell once said...
Hi. COINEX:DOGEUSDT Today, I want to analyze DOGE for you in a weekly time frame so that we can have a mid-term view of DOGE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). We have a Bullish Structure here DOGEUSDT crossed out of the symmetrical triangle on weekly...
JSE:DCP Ascending triangle setup is in play. Decent R/R if price retests ATH. Still looking for a close >3150 for long.
APPL seems to be using the 180 area as support which was a structural resistance last October. It made a descending triangle in Q3 of 2023 before breaking out to the upside until December. APPL is making a similar move within a triangle and I'm waiting for a breakout. Price action is making lower lows pretty drastically so I'm thinking this might break out to...
In the light of bullishness ACE is not not exception, soon it might touch 15 level. keep trailing stop-loss. follow for more charts & analysis.
GLD is shown on this 240 minute chart with a falt top triangle drawn with upper and lower trendlines for resistance and support. A volume profile is overlaid. Text boxes comment on the basis for the trade and the use of the relative strength indicator. Price is low in the high volume area confluent with the support line. I see this as a long trade set up and...
After a crazy bullish rally last week, Bitcoin stopped growing and started to consolidate. A see a classic bullish accumulation pattern - an ascending triangle formation on a 4H time frame. We see a test of its neckline at the moment. I strongly believe that a bullish breakout - a 4H candle close above 64000, will trigger a bullish continuation. We may see...
Logarithm. Time frame 1 week, there is no sense in less on this asset. The main trend. Ascending triangle. This is how it looks on the linear. Very beautiful, such a rare).
We had descending-triangule formation, then breakout... Now, it is retesting. I consider that is a good idea to buy by spot right now. Target: 50, 100 or up to december 2025. 2% of your account is a good risk. Please, share your analysis below. See you, JB.-
In the 1W Timeframe, after exiting from the density and support in the green box, it currently has a suitable guard in view of Elliott's ascending wave 3 to continue the path, which will open the first red box in the first step, and if it fails, the ascending path will open for the next area. became. »»»«««»»»«««»»»««« Please support this idea with a LIKE and...
Sprott Physical Uranium Trust $SRUFF ✅ 41% increase since entry @ ascending triangle breakout 🎯 Target remains 0.618 Fib Ext at $30.00 ❌ Stop Raised to $20.00 guaranteeing 23% profit I may exit this trade earlier if diagonal is breached. Had a much larger entry planned for green zones, never happened. Thats ok though, thats why initial position size...
BTCUSD has seen a declining in both descending support and ascending resistance... volume has been also seen a significant decay in the hourly candles. We are very close to see a brekout that seems more likely to be on the downside due to the strong 62K resistance and the fact that we could see a retest for the 200 EMA as support... We can expect another...
Hi. COINEX:XRPUSDT ✅Today, I want to analyze XRP for you in a Weekly time frame so that we can have a MID-term view of XRP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). XRP/USDT broke above the symmetrical triangle on weekly timeframe🔥 ✅ Due to the Ascending structure of the...
<> a very strong resistance at the 60K levels... going bearish on the short term could be not so wrong!. BTCUSD is surfing around a playground at current levels and is passing just above a very strong ascending support which has been declining price drops past that level and showing strenght on the buyers side... If we happen to see any BEARISH Volume Candle...
It appears as though CRSP is forming a micro ascending triangle that is likely to result in bullish momentum.... The Williams Alligator is widening to the upside and there was recently a bullish cross. This is inherently bullish, but could always change in an instant....