The 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.
A 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.
probably this pennant gonna reverse as there's Major support ahead. lets wait for breakout and see the movement. If you find this analysis useful then like and comment :)
Double 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!
Volatility 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
One candle touches both levels of S/R. Market is looking for decision. Good times to watch for hamronic pattern on lower timeframes!
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...
FX:ZARJPY Safe Trades;
RELIANCE CAPITAL BREAKOUT EXPECTED TOMO ABV 422 WHAT PATTERN IS THIS COMMENT