We have spotted a Symmetrical Triangle on Ripple Daily Chart. Let's wait for a breakout of this structure to go long or short. A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
Price is moving within a flat channel and it has the potential to bounce from the support towards the resistence zone. We will be waiting for a buy setup on a lower times to confirm the up move. Always keep in mind it is a game of probabilities!
The price's trapped in this Symmetrical Triangle and retesting for the third time the ascendind trendline. Let's wait for a breakout to execute this trade. Always keep in mind it is a game of probabilities!!
The price is currently trapped in this Symmetrical Triangle. Let's wait for a breakout to go long or short. Always keep in mind it is a game of probabilities.
Long-term opportunity on Altria, parent company of Philip Morris USA (producer of Marlboro cigarettes). Great dividend stock, sustainable because it is covered by operating cash flow. The price is currently touching the above trendline of this downtrend channel. We'll be looking for a breakout of the rising trend to go short. Always keep in mind it is a game of...
After the coronovirus outbreak and lockdown, this Cinema stock has lost almost 80% of its value and has found its support at 6-7$ per share. Additionally note that the price has just broken and rejected the 50 Moving Average as confirmation for a long entry. This is a massive long term opportunity, the company financials appear to be solid with constant growth and...
As we can see from the chart, the price is touching for the 5th time the above trendline of this downtrend channel. Let's see if the downtrend will be respected once again or not. Euro has appreaciated a lot over the last 3-4 months, might be the right moment for a natural pullback. Always keep in mind it is a game of probabilities.
The price is currently trapped in this Symmetrical Triangle. Let's wait for a breakout to go long or short. Always keep in mind it is a game of probabilities.
The price is approaching a sensitive demand zone, previously tested and rejected multiple times. We'll be looking for a long entry next week. Stop just below 0.92 area. Always keep in mind it is a game of probabilities.
We can see a triple bottom on this real estate company and developer. Potential buy opportunity once the descending trend started 04/06 is violated. The company was growing and showing solid fundamentals in pre-covid period, earnings release next week. Always keep in mind it is a game of probabilities.
Clear and Simple! The price broke out of this structure and is heading towards the resistence level in Red. Let's wait for retest to enter this trade. Potential Risk Reward ratio of 1:4.
Clear and Simple! The price is currently trapped between these two trend lines and has the potential to move lower towards an importan psychological level, 15.00. We will be waiting for a breakout of the ascending trendline to enter this trade. Always keep in mind it is a game of probabilities!
Here on the daily chart we can see the price is retesting the ascending channel for the 3rd time after the lows seen in March. The company is also on a solid financial ground and looks promising with a good upward potential. Let's wait for a bounce to go long. Stops around 9.50$ Always keep in mind it is a game of probabilities!
Here on the daily chart we can see the price is retesting the ascending channel for the 3rd time after the lows seen in March. The company is also on a solid financial ground and looks promising with a good upward potential. Let's wait for a bounce to go long. Stops around 9.50$ Always keep in mind it is a game of probabilities!
The price has been trapped within this descending channel since Jan '18 and two weeks ago was rejected once again by the 50-day Moving Average (red line). This has triggered a potential sell signal towards 3.00 zone, stops around 6.00. Always keep in mind it is a game of probabilities. Follow us on Instagram: scv_trading
Clear and Simple! Massive long term opportunity on #AIR with a juicy RR 1:10 as the 50EUR area seems to hold.
Clear and simple. We go short to catch 180-200 pips on the way down and from there (126.000 area) the price may bounce back from a solid support and go higher. Trade safe and follow us!
Good opportunity for an intraday entry. RR 1:1.9