Brekaout
GTOBTC Trend line and Horizontal BrekaoutEntry : 116- 119 ( or wait for breakout )
Stop loss : 113
Target : 5% to 30%
DLR, Digital Realty Trust Inc - Breakout on Symmetrical TriangleNYSE:DLR
The symmetrical triangle is a pattern that we consider in our strategy, but it is not the best in terms of statistical results.
In this case there has been a three year long phase in which the value has bounced in a range, and now it has brokenout a level on the symmetrical triangle.
We are interested in entering Long to ride a possible new bullish impulse.
finance.yahoo.com
S&P500, Standard & Poor 500 - Potential Ascending TriangleCME:SP1!
In the last week the American market has lost value and on the 4h chart we notice a potential upward triangle if it were to bounce on the dynamic support.
This is a phase of uncertainty and we will evaluate opportunities in the various companies.
Bitcoin inside flags [BTC]Hello everyone, I hope you are having an amazing day.
I'm here again today with another TA on BTCUSD
This idea is based of the last update I shared on my last BTCUSD idea (link will be at the bottom if you want to read it)
First of all I must say that this are only patterns, there's always the chance they fail, IF so, I'll be the first one to admit I was wrong, remember guys, learn with your mistakes!
Let's keep it simple, I see Bull Flags, and on the right side of the main Bull Flag (Blue) there is a possible Inverted Head and Shoulders and to make it even better inside the Right Shoulder there is another Bull Flag (Yellow) here take a closer look:
Targets you may ask? This all looks good we can see that our main bull flag (blue) has a 'huge' pole! So the main target for this could be the old double top resistance at 11.6k that's also a really important level for us!
Remember that along that way to the 11.6k are more resistances like the 9.4k.
I'll make sure to keep you updated the best I can!
This is one of many ideas I've made, you can check my other older Ideas just open my profile and see! I'll also leave my latest TA on DOGEBTC for you to read ;)
DISCLAIMER:
This is my own personal opinion! Don't take what I say for granted, this is NOT financial advice. Don't spend what you can't afford to lose, and remember, patience is a key on this Crypto Market! Hold is life!
Trade safe and have a nice day!
BITCOIN (BTC) Breakout StrategyThe BTC did not make much moves last few hours. There is a support level at 8325, and price respected that level few times. Last time it touched that level, it did not bounce back much and the price still close to that structure. This creates the good opportunity for breakout strategy traders. Wait for the strong breakout and then enter.
HUGE IOTA POTENTIAL BY THE 12TH OF JANA very long time coming for this triangle trend which I forcast to breakthrough before the 12th of Jan. this shows a lot of potential in IOTA and with the consideration of the announcments that the IOTA dev team has lined up for Q1 of 2018, this breakwill only be a small upwards candle in the grand view of the charts by April.
XEM seems bearisch after hiting the top twiceDouble top could be a possible reversal of the upgoing trend. A significant slow down at least.
We are closing the rest of our long position for now locking ourself in a decent profit.
At the current market situation there could be a nice re-entry point reached soon. Still there is a possibility of staying in the channel.
Good luck and peace!
Be prepared for the BreakoutVolatility collapsed creating a triangle or wedge pattern
#1 - A breakout to the upside could result in a new swing high => classic trend trade
#2 - A breakout to the downside could result in an ABCD pattern. Traders can chase the D point into SUpport then build a trend trade position
FPRX - Fallen angel type Long from $34.31 to $39.23 FPRX is forming a nice fallen angel pattern. It had a huge decline, and now getting some upward momentum. For entry we are looking for a break above its SMA50.
* Trade Criteria *
Date First Found- April 24, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $34.31
Exit Target Criteria- $39.23
Stop Loss Criteria- $31.73
Please check back for Trade updates. (Note: Trade update is little delayed here.)