GBPJPY 4H "Bullish Rectangle" Was looking for continuation to TP Area 144 this week. Instead the chart pattern "Bullish Rectangle" formed on the 4H. Will be looking for daily continuation next week to 144.
Bullish Rectangle
GBPUSD 4H "Bullish Rectangle"Was looking for continuation for new highs above 1.34 this week. Instead the chart pattern "Bullish Rectangle" was formed on the 4H. Looking for daily continuation for new highs this week.
Rally Base Rally
#UBL now creating "Bullish Rectangle" Pattern (Means 🚀)NSE:UBL
#UBL looks in bullish trend if it will brek 990 level which is very hard to break.
But due to unlock #LockDown, it might be possible.
Let see.
Bullish rectangleI spotted a bullish rectangle on (EUR/USD H1) this pair has potential for a long position, I will look to enter at the break of the ceiling on the rectangle. If you like my idea please feel free to like, comment, & share.
Nifty 50 , 75 Min Chart Analysis . TRIANGLE PATTERN In 75 Min Chart Over All Structure Is Getting Neutral , Price Taken Some Pause And Consolidating Here .
1) Triangle Pattern Is Formed .
2) Price Retraced Fib 0.618
3) Rsi Giving Strong Divergence
If Triangle Brock Upwards And Crosses 9039 . Then It Will Give First Reversal Sign.
one Can Trade If it breaks 8678.30 with Strong Bullish Candle Or After Breaking Bullish Reversal Can NSE:NIFTY NSE:NIFTY dlestick Pattern High .
$SYK moving higher again?NYSE:SYK
Strong company in a competitive sector. Traded in the 220s in the middle of last year. Gapped down after an earning's miss. Then, it's been trading in two consecutive bull rectangles that has lifted the price closer to previous highs. Some analysts have PTs in the 220-230s. Looking for a pop over an old pivot point to continue higher. Maybe it trades sideways or in another bullish rectangle until a late April earnings report sets it over the top.
LINK/USD - Bullish Rectangle (Long Opportunity)Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
EURJPY consolidationStuck between an ascending channel that would mean going short or a bullish rectangle which would force me to go long.
The short is accompanied by a resistance too, so more sentiment on that.
Good luck and follow me for more!
XAUUSD - H1 - Prediction Bullish Rectangle PatternXAUUSD - H1 - Prediction Bullish Rectangle Pattern @
Trade:
A trade setup occurs when a price closes outside the trend line after at least two penetrations
on each side of the boundaries. Trades are entered on a follow-up bar at "high above the
breakout bar or "low" below the breakdown bar. Potential Entry Line at @1230.13
Target:
Targets in "Rectangle" formations are based on the depth of the rectangle pattern. The pattern
is reliable, and targets are usually set at 70 to 100% of the depth of rectangle from the trade
entry. at @1236.61
Stop:
Rectangle patterns fail when prices retrace in to the middle of the rectangle channel. Place a
"stop" order just below/above the middle of the channel. at @1226.75
Waves about to breakout - WAVES:BTC Analysis.Hello everyone and welcome to this analysis on BINANCE:WAVESBTC .
On this analysis I will use the EMA crossing strategy on the hour chart. Usually I am using it in wider timeframes too avoid fakeouts.
Reminder on EMA crossing strategy:
-RSI under 70
-EMA 26 crosses EMA 52
-Low volume on MACD (optional)
-4 hours chart (for 4%-10% gains)
-1 hour chart (for 3%-6% gains)
As you can see the technical tool that I am using and has been rewarding to me is based on the EMA 52,26,12. A crossover of the EMA 52 and 26 is a sign of a beginning of a trend. In this case you can see that the EMA 26 has crossed the EMA 52 few hours ago, but has not yet started the breakout that we are here to catch. I have drawn what represents a bullish rectangle (in blue) in which the price has been trading and is expected to make its run up. In order to assess if the price will make a move upward or downward, the EMA crossing strategy helps us make a decision. The fact that the EMA crossover happened few hours ago is not a problem considering the fact that if the breakout did not occur already then the price is likely to have a short pullback before exploding.
To support the potential breakout, MACD is showing a bullish crossover as well.
Conservative Approach:
Enter just above upper edge of rectangle. (Around 6366 Satoshis)
Stop loss under upper edge of rectangle. (Around 6208 Satoshis)
Take profit at just under 7000 Satoshis. (+5%)
Aggressive Approach:
Enter at market.
Stop loss just under EMA 52. (Around 6000 satoshis)
Take profit around 6600. (+6,5%)
N.B: This strategy safely works for short term price movements. For example, my take profits are usually between 4 and 8%. Additionally, I use 2% of my portfolio per trade with a risk/reward ratio of 2.
**This is my set up and I am sharing that with you for educational purpose. This isn't, in any case, financial advice.**
Ncash is doing very well the last couple of days.I think Ncash will form a bullish rectangel and then do a breakout and hit a new target like 550 satoshi, Not an investment advice. What do you guys think of this?
BCH get that CASH!!! (BCHUSDT)Hello everyone. Hope the recent bullish market is finding you in good spirits. I wanted to talk about a likely target for Bitcoin Cash(BCH).
With the recent bullish trend taking over, I think it's important to show a realistic target for this cute coin, not just "MOOOOON". So here it is:
-A Bullish Rectangle formed recently
-Price action broke above it
-The target for a Rectangle is the height of it, ADDED to the top. Both of these are shown by the vertical black dots.
-MACD, RSI, and moving averages are all looking bullish, with no divergence in sight(at least not now).
-I expect BCH to keep moving towards this target until indicators provide evidence otherwise(such as a negative divergence or crossover).
I will keep you all updated with the action. Until then, Stay healthy folks <3
-Dr. Don't Watch ^_^
AUDUSD 4hAUDUSD Price broke bullish rectangle and we can see strong bullish moves.
Next resistance is @ 0.7675.
