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Ascending Triangle

Tranchess CHESS - 1-year trendline is breaking out! CHESS is completely ready for a massive uptrend! A 1-year trendline is breaking out on the LOG scale, which is always nice to see. Price is printing a local rectangle consolidation (base) and if bulls can reach the top of the pattern, then I expect a huge pump. If we take a look at the volume indicator, we can see elevated bullish volume, so another great sign here! The impulse Elliott Wave has been finished and that's why I expect at least a retracement to the upside. Place your profit target at the start of wave (4). I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
43
Radicle RAD - Great opportunity! Bullish base + Elliott Wave We have a local bullish rectangle / base and if the bulls can break this level, then I expect a massive uptrend! Also, on the daily chart we can spot a huge descending channel / falling wedge and I think it's the right time for a breakout. An impulse Elliott Wave has finished, so I expect an ABC retracement. Profit taget 1 is on top of the trendline + wave (4). The second profit target is on the main resistance + wave (4) + 0.618 FIB. I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
58
NAUKRI (Pre-Results Analysis) | Good Move PossibleNSE:NAUKRI INFO EDGE (Naukri) - has been into a tight consolidation zone for the past few weeks, with quarterly results being announced today It was consolidating in an ascending triangle pattern zone (bullish pattern) and made a breakout, Now a re-test at 3990-91 zones could be a good buying opportunity for a swing trade with targets of around 4500+ (Trailing post 4500 levels) a stop loss for this trade could be around Rs 3754 (Giving a R:R of 1:1.5) My Entry will trigger only at or around 3990 levels Hoping for a positive Quater Do Support by Liking and Commenting on our Post as it motivates us to post more such ideas Disclaimer - The idea shared is just for educational purposes with no intention to promote the company, before investing kindly do your own research and also consult your financial advisor, I am not a SEBI registered individual. #Tradeplan #candlestick #candlestickpatter #priceaction #learn #Earn #analysis #Relaxo #Grow #harshnisar45 #stockmarket #chart #chartpatterns #swingideas #Learn&earn #Wealth #editorschoice #trending #weathmagnet
NSE:NAUKRILong
by harshnisar45
Relaxo Footwears (Pre - Results Analysis) | Good Move PossibleNSE:RELAXO Relaxo Footwears has been into a tight consolidation zone since the past few weeks, with quarterly results Last Quater due to weak results the stock had shipped down 10%, however, it came back to it original price gradually, the current consolidation happening in the stock is forming an ascending triangle pattern (which is considered as a bullish pattern) however with results on the go that will be announced on 26th July'22 (Tuesday) I am slightly positive about the results of this quarter So here is my Trade plan, Though I am bullish I will wait for the confirmation by price action, when the candle closes above the level of 1017, and gives a re-test/retracement on the level of 1017. I will plan to take a long position with a target price of 1111-1115 Also last quarter showed us that the costs pressures for the company had deeply hurt the profitability of the company, let's see how did company plan and take action on the last quarter's issues. Hoping for a positive Quater Do Support by Liking and Commenting on our Post as it motivates us to post more such ideas Disclaimer - The idea shared is just for educational purposes with no intention to promote the company, before investing kindly do your own research and also consult your financial advisor, I am not a SEBI registered individual. #Tradeplan #candlestick #candlestickpatter #priceaction #learn #Earn #analysis #Relaxo #Grow #harshnisar45 #stockmarket #chart #chartpatterns #swingideas #Learn&earn #Wealth #editorschoice #trending #weathmagnet NSE:RELAXO
NSE:RELAXO
by harshnisar45
Wing Finance - Extremely high bullish volume! + 900% PROFIT First of all I want you to take a look at the volume indicator - there is the highest volume spike since the coin was listed on the exchange! This coin is currently #2 on TradingView Binance USDT list. Price is printing a descending parallel channel on the daily / weekly time frame and it looks like the bulls already destroyed the main trendline. Also we can spot a local symmetrical triangle on lower timeframes and if you switch to the 4h chart, you will see a strong bullish price action. An Impulse Elliott Wave + ABC correction have been finished successfully! You can take profit at the major resistance - previous swing high (wave B) +900% PROFIT. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
37
CRC | Wave ABCDE Projection | Ascending Triangle Trading Target Price action and chart pattern long term trading setup - catching the impulse 3rd wave extension. > ABCDE Wave ascending triangle correction during 2nd wave is one of the most powerful that generates maximum profit for traders > Possible making the final E wave before breakout > Watch out for dump & pump on the way as prolongation of the E wave. Target estimated at the length of A wave equals to 1.618 extension or could be an impulse 3 wave - upside +40% at breakout position Stoploss @ the lowest position of E wave - 10 - 15 % downside RRR : 4:1 for long term trade
SET:CRCLong
by dukeposh
Gold XAU - New bull market just started! Elliott Wave + Channel Gold is currently sitting on a strong support level on the weekly chart! We have a great confluence here - an ascending parallel channel + 200 weekly moving average + bullish rectangle. 200 weekly MA is considered as a very strong support by huge institutions and hedge funds. ABC correction + Wave (4) have been completed, so we can start a new impulse wave from here! I think this will be the final impulse wave and then we can go back to retest the rectangle from the upside. You can place your profit target to the TOP of the parallel channel, but do not forget to switch to a LOG scale. Look at my ideas about Bitcoin and Ethereum in the related section down below ↓ For more ideas please hit "Like" and "Follow"!
OANDA:XAUUSDLong
by UnknownUnicorn2537518
25
Synthetix SNX - Bullish head and shoulders! Elliott wave SNX is ready for an upcoming uptrend! On the daily / 3D chart we can spot a bullish inverse head and shoulders pattern that is very close to a breakout! The impulse Elliott wave (5-3-5-3-5) has been successfully completed and because of that I expect an ABC retracement of this bear trend to 0.618 FIB / end of the wave (4). You can set your profit target here, between 9.19 USDT to 8.02 USDT. We have a huge descending parallel channel and I think we can definitely break through this channel! I recommend only a short term trade here, because I think we need more time for this altcoin to gain strength again. I expect tremendous pumps for selected altcoins, you can find them in the related section down below ↓ For more ideas please hit "Like" and "Follow"!
COINBASE:SNXUSDLong
by UnknownUnicorn2537518
24
AutoFarm AUTO - Whales are buying! Breaking out + Triangle First of all I want you to take a look at the volume indicator - we have an elevated volume and massive buying pressure! On the daily chart we can clearly see a massive descending channel and the price is very close to so a breakout. Also we have a symmetrical triangle + 200 daily moving average, likewise very close to a breakout! Impulse Elliott Wave has been completed (5-3-5-3-5) and now we can expect at least a bullish retracement. First profit target: End of the wave 4 + 0.382 FIB - 91% profit at 600 USD. Second profit target (recommended): End of the wave 2 + 0.618 FIB - 425% profit at 1683 USD. Always set your profit target slightly below these levels, to make sure you will get filled. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" and "Follow"!
ALong
by UnknownUnicorn2537518
43
FTX FTT - The most bullish altcoin! Huge base + Elliott Wave FTT is one of the most bullish altcoins on the weekly timeframe, together with BNB! We have a clear very bullish structure (rectangle) and bulls successfully defended previous swing low. My Elliott wave analysis suggests that we have completed an ABC (ZigZag 5-3-5) correction and we can definitely go up from here! If we take a look at the volume indicator, we can see a very low bearish pressure, so it's really good to see. Out profit target can be 0.618 FIB extension from Wave 1 -> Wave 2, but this is just a projection for now. FTX exchange is growing really fast and there is a lot of demand for the token. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
17