🔄 Symmetric Triangle pattern indicating possible breakout on either side 📈 Key resistance at 13,170 and 13,551 📉 Strong support levels at 11,884 and 11,200 Awaiting clear direction for potential trading opportunity 📊 Follow for analysis!
TANEJA AEROSPACE looks good for a swing trade. Coming out of 9 days old consolidation - Bullish Penant - Trend continuation, will be confirmed with today's close of Morning star Reversal. Entry can be in the range of 346-356. Target 1 - 380 Target 2 - 425 Target 3 - 480
GBPCHF currently trading converging triangle and making support around 1.11500 region with in triangle . Will it break through triangle for bullish trend ?
KAVAUSDT is currently at a strong resistance area, resistance from previous support and falling trendline will push the price to downside?
Given a bearish pennant is forming on the hourly / 2 hourly and triangles commonly form as a wave 4 I expect more downside incoming for OANDA:SPX500USD SP:SPX
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just a bias on the gold, the chart pattern is a simple one, this move broke the high of the penant marked out, I'd probably love to see a move to 1952's then see what happens there, invalidation is a HTF close below 1916.
ADA currently in the channel trading, look for a move. Looks like at 254PM EST we have a pennant forming for a possible signature move. We shall see
$50,086 target upside breakout, $40,318 target downside breakout. We are losing negative momo on the daily, something to keep in mind.
The market seem to be forming a triangle penant on the H4. And a penant signifies a trend continuation. It's left to the market to do as she pleases. On the daily On the weekly
PHEMEX:BTCUSD BINANCE:BTCUSD BTC Is still bullish for who missed the entries have a chance to enter long as BTC retesting some key level supports. After retesting BTC will sure goes to 🌙. Nearly 72k. Resistance at 61300,60500 Supports retesting are selected for entering position Entries 1st 59000 2nd 58000 3rd 57500 ( Lower Major...
Consolidation going on with sustained increase of lows and top being clearly mark at 1.50
Consolidation and breakout in the form of a bullish pennant
NVDA has been consolidating for a while. There's rumors of NIO and NVDA working together on EV. This inverse head and shoulders combined with this news could give NVDA the strength it needs to break out of consolidation. Above 540 has room to 550 Above 550 is Blue Skies!
A bullish pennant Formation. Watch out till it breaks. Buy above 60.
Bitcoin BITMEX:XBTUSD is in a symmetrical triangle, trying to decide if it should break ATH or it should go down to fill in the BTC Futures gap. Either way I am waiting for a trendline break and close for a confirmation for a trade.
Looks like Bitcoin will be seeing a major move in the next 2 to 3 day. I'm 70% Bullish, 30% Bearish. Trend is Bullish so I'm currently looking at long plays.. Don't get complacent, the trend is your friend until the end. So make sure to have an exit plan.. Best of luck everyone..
Looking at the price action daily chart, we can see a Bearish Pennant ongoing. EMA 21 and 34 are the dynamic resistances Waiting for price to break the point B to complete the pattern, with TP1 around 128 and TP2 around 124, SL 132,5