INDEX:FTSEMIB is clearly breaking out a perfect triangle pattern, and this is a confirmation that a long position would be the best opportunity for a long term investment for this year... I think the best would be:
Open a long position
Keeping it up for one year max
Closing the position before (10 days before min) the falling wave that comes after the...
Today is USD important day so the approach to using this buy signal might be with an additional risk approach.
The black level is Weekly resistance.
If this technical pattern is shown as a reliable one potential target can be +150 pip.
Mu play is buy
The price will go up and then go down
Look to the black arrow
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I will post every week:
|Chart...
Hello traders,
This monthly closing candle should show us the moment of truth of gold,
comment down below what you guys think will happen to gold.
TRADE SAFE WITH SL
Weekly bearish flag pattern with market momentum pushing towards the top of the trend before a wave of sell orders.
On the 4hr we see a break out and bullish wedge pattern formation towards the upside.
Weekly impulse from third touch confirmation on the bottom leg towards the upside.
Daily we identify a break in the bullish flag and break in previous high in the form of ascending reversal pattern on lower time frame.
Entry taken on 15min hover after a break out in ascending channel.
Hello Traders,
USDMXN has been trading nicely with patterns
In the recent weeks it has been pulling but towards the Higher Low Support zone and technically is now on the optimal long term buy level. A 2 year long RSI figure also suggests a buy near 40.000. We are taking this opportunity to go long with TP = 19.48600.
Comments and likes are greatly...
Hello Traders ,
It does seems like we're making some sort of bear flag or a continuation pattern for sell. Selling the breakout wouldn't be a bad idea.
Go ahead and check the related ideas below mine and you'll find previous analysis on XAGUSD.
Good luck and trade with care.
1.50% RISK
Has you see, inverse head and shoulder as usual makes the head and shoulder as a result. Expect a drop price.
I did not wanted to put the target but you could measure the candle of head. Take as reference the volume to identify it.
It's hard too see it on candles because of the volatility of Crypto but i hope this would give you reference in future on how to...
Very promising pattern here, if it's able to maintain 22 and show consistent gains it will head towards 28. It would be a great goal to get to around 32, longer term trade on this one still waiting for a small pullback and confirmation of this new high.
I am not so much expert but what I can see here that it is changing from flag up pattern to triangle one also towards downwards. I think from 1479. It will start falling for long term because it will break out the pattern or it will go beyond if it breaks 1502 resistance which usual one for short term. but my best suggestion goes for Short Term. Rest is upto your...
