Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price some days ago rebounded from the support line of the triangle and made a strong upward impulse to the resistance line, thereby breaking the 1.2610 support level, which coincided with the buyer zone. After this, the price bounced from the resistance...
I am considering several possibilities for the coming months, with a preference for the head and shoulders pattern. However, the decision may hinge on whether it breaks out at 438xx and reaches 46xxx in the next few days. This is solely for my personal record and future reference.
RARE/USDT (SPOT) Entry Range: 962 - 1068 TP: 1150 1200 1400 1600 SL: 880
You may have learnt that a triangle pattern in an uptrend is bullish? Here's a good example of wait and see, where the price has broken to the downside. Looks bearish to me.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Hello Traders, welcome to today's analysis of Berkshire Hathaway. -------- Explanation of my video analysis: In 2013 Berkshire stock broke above a key resistance area which was acting as resistance for multple years. This breakout was followed by a +300% pump towards the upside. Last month Berkshire stock then also broke out of a long term triangle formation....
Hi Traders! A symmetrical triangle has formed on the GBPUSD 1D chart, and we could have a breakout soon as pressure is quickly mounting on the pound. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it...
The integration of artificial intelligence into financial analysis marks a significant evolution in how market data is interpreted and utilized for investment decisions. AI, with its capacity for processing vast datasets far beyond human capability, offers unprecedented insights into market trends, risk assessment, and prediction accuracy. Financial analysts,...
The GBP/CHF pair on the M30 timeframe exhibits a bearish channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Let's delve deeper into the details: Key Points: Bearish Channel: The price has been trading within a downward-sloping channel defined by two converging lines: a falling resistance line and a falling support line....
AUDCHF is trade with symmetrical triangle pattern . We can take entry if it break below trendline , if bears take control target could be 0.56505 SL , TP mention in chart
The GBP/JPY pair presents a potential selling opportunity on the H1 timeframe, fueled by a recent bearish breakout from a triangular consolidation pattern. Key Points: Bullish Triangle Breakout: Though seemingly counterintuitive, the price has broken downward from a bullish triangle formation, characterized by converging resistance and support lines. This often...
Hello Traders, welcome to today's analysis of Alphabet. -------- Explanation of my video analysis: Back in 2012 Alphabet created a beautiful triangle formation and after we saw the breakout Alphabet pumped more than +750% towards the upside. At the moment Alphabet is creating a solid resistance area at the $150 level. If we get a retest of the bullish...
We expect further downside on this pair, signalled by the ascending channel pattern breakout. We can also see the breakout of a counter trendline which further supports our directional basis.
There are two symmetrical triangle One on daily chart ready to break and another forming on weekly chart I think price will have a strong boost soon and I suppose it will be an upside movement
BINANCE:XRPUSDT is testing trend support after exiting the triangle. Traders' interest in Ripple continues to grow on the unstable fundamental background On W1 we see a formed bottom, the bulls do not let the price to this area, continuing to cumulate the potential within the framework of gradually rising prices. An uptrend continues to form on the chart, but...
NZDCAD is trade with symmetrical triangle pattern . We can take entry if it break above trendline , if bulls take control target could be 0.82655 SL , TP mention in chart
Rocket Lab ready to explode Price compressing inside a symmetrical triangle I suppose a strong upside move will soon happen