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Ascending Triangle

CADJPY → Pending a breakout of resistance. Target 114? OANDA:CADJPY on the background of global weakening of the yen forms a pre-breakdown setup against 112.26. The currency pair is preparing to strengthen. On D1 the general trend is obvious. Buyers are not going to give up and continue to press the strong limit resistance at 112.26, formed by sellers. The trend is bullish and it may continue. Fundamentally, the Japanese Yen has no positive prospects at the moment. There is a clear potential for further trend continuation on the chart due to price compression to the resistance and formation of pre-breakdown consolidation. Resistance levels: 112.26 Support levels: MA-50, 111.0 Technically as on H1, H4 and D1 everything is roughly clear. We have a high chance that the market will try to continue breaking the resistance with the purpose of its breakout. Consolidation of the price above the resistance will be a good starting point to 114.0. Regards R. Linda!
Long
by RLinda
3
USDCHF → Breakthrough readiness. Target 0.925 ↑FX:USDCHF looks stronger than the dollar. The Swiss franc is weakening strongly due to fundametal reasons. The bullish trend may continue with a break of 0.9142 On D1 earlier we saw a trend change, after which the market went into a consolidation phase and reached 0.9147. The market resistance continues to hold the price, but against the background of compression and gradual approach of the price on the background of volume growth, the sellers have less and less chances to hold the resistance zone. A break of the mentioned line will activate the realization and distribution phase, which will give us a bullish momentum. Resistance levels: 0.9142, 0.9147 Support levels: 0.9089, 0.9020 Technically, a compression to resistance in the format of an ascending triangle is being formed. Impulse activation zone - resistance breakout. Regards R. Linda!
Long
by RLinda
2
USDJPY → A strong buyer is willing to go higherFX:USDJPY does not pay attention to the behavior of the American dollar. The focus is on the Japanese yen. The currency is in a strong sell-off and continues to get cheaper, while a beautiful set-up is forming on the chart. Rising triangle in the global perspective and in the short term: on D1, on H4 and on H1. A beautiful situation, when the chart lives its own life and practically does not react to the behavior of the US dollar, which starts the correction from a strong resistance. The trigger level for the Japanese Yen is 151.94, the break of this resistance will cause the formation of a strong bullish impulse. The structure will break when the support at 151.15 is broken, but not about that for now. Resistance levels: 151.78, 151.94 Support levels: 151.15, 150.8 Technically and fundamentally, the Japanese Yen is weakening and will continue to weaken despite the change of actions of the central bank of Japan. The currency pair may renew the high in the medium term. Regards R. Linda!
Long
by RLinda
61
APE is looking Bullish!!!BINANCE:APEUSDT APE already breaked out the ascending triangle and looking Bullish. ✨Targets are: 🎯$1.350 🎯$1.390 🎯$1.430 🎯$1.500 🎯$1.535 ❗ Note that if the PRZ ZONE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
FILECOIN can ascend further ! What Shall we Expect ?Hi. BINANCE:FILUSDT FIL is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. ✅ Due to the Ascending structure of the chart... 🟢 FIL has been Bullish Recently! 🟢 The odds of another Bullish Movement is High! 🟢 Ascending Triangle is Visible on The chart! 🟢 No break out yet! ✨Targets are: 🎯$6.730 🎯$6.830 🎯$6.970 🎯$7.200 🎯$7.480 🎯$7.770 🎯$8.170 🎯$8.400 ❗ Note that if the Triangle is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
Honestly, I don't feel like explaining because the chart says itHi. BINANCE:DOGEUSDT DOGE is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. ✅ Due to the Ascending structure of the chart... 🟢 DOGE has been Bullish Recently! 🟢 The odds of another Bullish Movement is High! 🟢 Ascending Triangle is Visible on The chart! 🟢 No break out yet! ✨Targets are: 🎯$0.16830 🎯$0.01740 🎯$0.18000 🎯$0.18570 🎯$0.19130 🎯$0.19903 ❗ Note that if the Triangle is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
by CobraVanguard
4
Honestly, I don't feel like explaining, the chart says it all !!Hi. Honestly, I don't feel like explaining because the chart says it all. ✨Targets are: 🎯$0.07970 🎯$0.08370 🎯$0.085 🎯$0.08963 🎯$0.09429 ❗ Note that if the Triangle is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
USDJPY Analysis: Bullish Bias Despite Market Volatility- Market Sentiment: Bullish Bias - Weekly Chart Analysis: Violation of Recent Resistance Indicates Strength - Trade Plan: Buying Opportunities Favored over Shorting Analysis: - Market Sentiment: Maintains Bullish Bias on US Dollar, despite market volatility - Weekly Chart Analysis: Notable violation of recent resistance level on the USDJPY Weekly chart - Implications: Market speculation regarding potential BOJ intervention in FX Market - Trade Plan: Prefers buying opportunities over shorting due to pair's independent behavior Trade Plan: - Buying Opportunities: Look for buying opportunities at support levels (e.g., 154.27, 154.12, 153.89) - Support and Resistance Trading: Shorting opportunity at 154.70 on the 1-hourly chart, although not actively pursued Insights: Maintaining a bullish bias on USDJPY despite market volatility, with a focus on buying opportunities over shorting. Preference for buying entries at support levels, while remaining cautious of resistance levels for potential shorting opportunities. Exercise caution and adaptability in response to the pair's independent behavior. 📈📉 Remain vigilant and adaptable in navigating the USDJPY market, prioritizing risk management and flexibility in trade execution!
Long
by RaynLim
USD/JPY can ascend furtherThe USDJPY is in a Bullish phase by Ascending Triangle & Cup & Handle. 🌟 Bullish signals are: - Bullish Cup & Handle - Dynamic Support zone - Ascending Triangle previous analysis ⭐ Note if the Triangle or cup & handle is broken downwards with the strength of Bearish candles, this analysis of ours will be failed. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
GOLD bullish movement continues!!!Hi. TVC:GOLD Today, I want to analyze GOLD for you in a 4H time frame so that we can have a SHORT-term view of GOLD regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). Gold is now in an ascending triangle and could rise to $2,405 after the break, and the hidden divergence makes this signal stronger. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Triangle 🟢 ascending channel 🟢Bullish hidden Divergence(+HD) Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TVC:GOLDLong
by CobraVanguard
1
Honestly, I don't feel like explaining, the chart says it all !!Hi. BINANCE:BTCUSDT Honestly, I don't feel like explaining because the chart says it all. PREVIOUS ANALYSIS Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
Adobe - Pretty clear trading setup!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 rejected the upper resistance level. If Adobe stock retest the next horizontal support towards the downside, we could already see a bullish reversal there. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:ADBE
by basictradingtv
7
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINBASE:BTCUSDT ✅Today, I want to analyze BTC for you in a 1D time frame so that we can have a MID-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ✨After the fifth bullish wave, BITCOIN has completed his corrective waves (ABC) and now he has reached the Bottom of the wedge, now it is time to start the five bullish waves, and BTC is in the ASCENDING TRIANGLE, also a bullish Divergence (RD+) on MACD which shows Positive Signs for BITCOIN. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 Ascending Triangle 🟢 Starting 5th waves. 🟢 Bullish Divergence ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
GOLD → Range 2365-2400. Will the price continue to grow? FX:XAUUSD is trying to consolidate above 2365. This area is an intermediate bottom and plays an important role for the bulls in the medium term. The range of 2365-2400 is being formed. Idea of Apr. 16: GOLD → There's no limit to the bulls' activity. Support retest In general, everything is the same, but after a strong rally, the price makes a small stop and starts to enter liquidity zones more often, which has not happened for 2-3 weeks. Apparently, the energy is exhausted and the market maker starts to collect liquidity from the market with the help of traps. Gold is still trading above key support levels and looks strong enough to test or even renew the global high Resistance levels: 2395, 2400, 2430 Support levels: 2365, MA-200, trend support The price is testing MA-200 and forming a false breakdown of 2365. The market reduces volatility and goes into the waiting phase before the news, the growth may continue either after the support retest or at the breakout of 2380. Regards R. Linda!
FX:XAUUSDLong
by RLinda
7
GBPJPY → The Japanese currency continues to weakenFX:GBPJPY is preparing to continue its growth amid the strong weakening of the Japanese national currency. Japan's central bank has been underperforming and is not about to do so. The strong bullish trend in the currency pair may be continued. There are no prospects for a trend change. The key target at the moment is 195.844 On H1 it is worth paying attention to the level of 192.78, the price is gradually creeping up to this level and continues to test it, forming a pre-breakout consolidation, technically and fundamentally the market may soon update the maximum and head towards the above target. Support levels: 192.0, 191.33 Resistance levels: 192.78, 193.54, 195.85 The key emphasis is on the nearest resistance at 192.78. I am waiting for a breakout of the level with further consolidation above the zone and growth to the targets Regards R. Linda!
Long
by RLinda
3
GOLD BREAKS ASCENDING TRIANGLE OUTSometimes, you have to see the things from a different perspective, the chart of Gold against major currencies, writing this on the chart: "" TVC:GOLD/((FX_IDC:CHFUSD+FX_IDC:EURUSD+FX_IDC:GBPUSD)/3) "" you can observe that the price has successfully broken out from a long accumulation inside an ascending triangle and that it's about to break the all time high meanwhile if you look at the gold chart against dollar, there is a 4.5% remaining to reach the All time High. I have been watching gold for a while and in my opinion it can be a good investment for the coming years and taking in to account the recent actions of the FED you can see what is the store of value number one. It always was and It always will be. Just a small point, in December of 1913 the FED was created and one ounce of gold was worth 20.65$ now, today, more than 100 years later it is worth 1990$. You can see this in two ways, the gold went up a 9536.80% or the dollar went down a 98.96%. Imagine if you had keep your savings in dollars for all that time. Now, going back to the idea, as you can see in the chart, the first target of the trade is 2229$ which is the height of the triangle and I think that can be easily reached within this year. About the entry, I would recommend wait for a retest of the breakout point, but taking in to account the current situation the chances of retest are not high so to enter now can be a good option. I recommend to set a stop in 1595 because you can never be sure and the first is to preserve your capital, then grow it. Basing my opinion in the Fibonacci Levels, I think that GOLD can easily reach 4085 in the coming years as level 1.618. I hope that you found useful this idea, I will be happy to see your opinion in the comments and don't forget to give a boost if you agree.
TVC:GOLDLong
by piccard54
GOLD → Profit-taking and another war. Opening with a GAP?FX:XAUUSD updates another high to 2431.4 and then begins to shed heavily amid profit taking by traders. The weekend also proved to be fundamentally important for the markets, which may react strongly. Most of the nearly $100 drop is due to profit taking by traders as the price reaches psychological levels, but the drop to 2300-2350 allows to find new buyers at relatively cheap prices. From Saturday to Sunday the next and not unimportant armed conflict between Iran and Israel is developing, which in general can affect the prices of commodities and futures quite strongly. On H1 the price is declining to the trend support and is testing the liquidity area of 2330-2350. In all likelihood, the market may open with a gap on Monday amid the crisis in the Middle East. The area below 2328 may still remain protected and play an important role in price formation. Resistance levels: 2354, 2400, 2428 Support levels: 2328, 2303 Fundamentally everything is quite complicated and not stable, Gold still plays an important role as a hedge asset and interest in the metal is getting stronger, the growth from 2300-2350 is likely to continue COMEX:GC1! TVC:DXY COMEX_MINI:MGC1! Regards R. Linda!
FX:XAUUSDLong
by RLinda
36
The market's intentions for btcusd.A triangle is invalidated, another is born and is monitored again. The graphic patterns, as I always write, depict the market's intentions and not the future, they are hypotheses, so they can be invalidated and change scenarios in an instant. Yesterday we had proof of why I am often very cautious and always repeat the same things about prudence and stop losses. Help for this hypothesis of the ascending triangle could be given by the macd, in divergence with the price which, while the latter marks ascending lows, the macd signals increasingly lower lows crossing downwards, demonstrating that we are in a correction that is for now short but which could even be of a higher degree, we cannot say for sure. One thing we can do is do nothing if we are already in and the stop loss is far away, because yesterday's movement, although very strong, comes after a very powerful and long-lasting rise, which started on January 23rd if we look at the medium term and from September if we look at the intermediate period. While you are out and want to buy, you could wait for the 58k USD as many are doing, or wait for the intermediate correction, unless this is underway, there will be other opportunities to snatch lower prices. If instead you want to go short I wish you the best, you might even guess, but know that you would be against the underlying trend.
BITSTAMP:BTCUSD
by Melupira89
BNB is Expected to Move Upward!Hi. BINANCE:BNBUSDT Today, I want to analyze BNB for you in a 9H time frame so that we can have a SHORT-term view of BNB regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). BNB is testing the important zone on 9H timeframe Ascending Triangle pattern is completed and broken. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 AB=CD 🟢symmetrical Triangle Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
Bitcoin On The Way To 85K!!!Hi. COINEX:BTCUSDT Today, I want to analyze BITCOIN for you in a 9H time frame so that we can have a SHORT-term view of BITCOIN regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). BITCOIN is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. ✅ Due to the Ascending structure of the chart... 🟢 BITCOIN has been Bullish Recently! 🟢 The odds of another Bullish Movement is High! 🟢 Ascending Triangle is Visible on The chart! 🟢 No break out yet! Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSDLong
by CobraVanguard
1