Hello everyone, the Bitcoin halving is done, and it looks like the pre-halving bottom is also in place. Bitcoin dominance is rejecting its crucial resistance, so it's a good time to invest in alts. I'll try to share some good setups here in the next few days. Here is the first setup of ENA/USDT. The chart looks good, forming a descending triangle. The breakout...
Bharat Dynamics Ltd. engages in the manufacture of defenses equipment. It specializes in surface-to-air missiles, air defense systems, heavy weight torpedoes, air-to-air missiles, and other allied equipment. The company was founded on July 16, 1970 and is headquartered in Hyderabad, India. Stop-Loss - 1740 Target 1 - 2230 Target 2 - 2400
Hello Traders and Investors, in this video I will take a quick look at Adobe. -------- Explanation of my video analysis: Back in 2012 we saw a major symmerical triangle breakout on Adobe stock which was followed by an unbelievable rally of +2.000% towards the upside. Over the past 6 years, Adobe stock has once again formed a triangle formation and just...
The EUR/AUD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a triangle pattern. Potential Short Trade : Entry: Below the broken support line of the triangle, ideally around 1.6570 after confirmation. Target Levels: 1.6477: This represents the height of the triangle, measured from the apex (highest or...
Hello Traders and Investors, today I will take a look at AMD . -------- Explanation of my video analysis: Back in 2022 AMD perfectly retested the previous all time high which was turned support after AMD stock broke it towards the upside in 2020. Furthermore AMD stock also created a bullish symmetrical triangle formation and already broke out towards the...
BTC has been trading in a triangle pattern on the daily timeframe. Many traders are trading pattern breakouts, for example, if the price breaks above the upper trendline of the triangle, they open a long position. However, in reality, all that happens is that liquidity is collected and the price moves lower. Then the same thing happens under the lower trendline...
The CHF/JPY pair on the M30 timeframe presents a potentially interesting situation with a triangle breakout pattern. Potential Long Trade : Entry: Above the broken resistance line of the triangle, ideally around 167.60 after confirmation. Target Levels: 168.75: This represents the height of the triangle, measured from the apex (highest or lowest point) to the...
TRENT fut broke out of triangle pattern as well as range of past 10 trading days on an hourly charts with decrease in OI. Could be bought with mentioned stoploss & targets.
BTC started a breakout of a symmetrical triangle formed in it's daily chart.
The price has triangulated its direction and now goes to the test of the upper level, to be valid it must respect some parameters including volumes and time. Here we have everything to have a valid triangle, we just need a breakout with above-average volumes. We are in 3/4 of the time calculated from the first retracement to the hypothetical summit, it has been a...
march 4/ 4/2024 swing trade perfect symmetrical triangle long term opportunity take trade according to own risk this is not call just a analysis.
The GBP/NZD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a triangle pattern. Key Points: Sell Entry: Consider entering a short position (selling) below the broken support level of the triangle, ideally around 2.1100. This offers an entry point close to the perceived shift in momentum. Target Levels:...
HDFCAMC FUT breaking past multiple patterns ( triangle, cup n handle) as well as nearing its resistance zone of 3800-3810. Risk:Reward - 1:3 Could be bought with mentioned stoploss & targets. not to b missed breakout
Silver is trading sideways since 2021, a move that can be a corrective because of choppy and overlapping price action. Ideally, that's a very big triangle that can be coming to an end as metal is turning higher now and breaking the IMPORTANT trendline resistance of this contracting range. Ideally, A-B-C-D-E pattern is finished, so be aware of more upside,...
Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: Last month Bitcoin finally broke above and also closed above the previous all time high which was roughly at the $60.000 level. Considering that Bitcoin is in a massively bullish market, we could just see more continuation towards the upside. But if we get a...
AMEX:XLV has formed a five-week equilibrium. The price contraction is already quite tight, indicating that this equilibrium could break very soon. The context is highly bullish: the XLV price is on a weekly uptrend, and the broader market is also showing strong performance. The odds are in favor of an upside breakout. On the chart, there is an example of a...
Triangle forming on the AVAX/USD 1H timeframe. I would wait for confirmation that the breakout has occurred, then enter the trade and exit at one of the targets. If the price touches the support line 2, my trading setup would have been invalidated and I would not enter the trade. Trade safely and remember to set your stop losses!
The dollar showed unusual strength after the FOMC event causing Gold to wipe out the gains since the FOMC news. Since the 21st of March Gold moved below the 30-period MA and remained on a downtrend until the 25th of March where it settled near the mean at 2170 USD/oz. Now it shows signals of a potential upward movement, breaking an apparent triangle formation...