$RNDR fixing the rectanglerender token created a nice rectangle in the past days, and is currently retesting its support level @ $1.5 : if it breaks to the upside, we can expect a good uptrend bringing at least a 7% profit targeting the next $2 resistance, which is also the 0.382 fibonacci level
the rsi is not looking bad to me and it has much growth potential
let me know what you think about this idea!
Rectanglepatterns
PRZ as Rectangle on AUDNZD to sellI see a potential zone to sell as the rectangle has been formed. I'd only enter the trade if I have a breakout and a have a retest. The retest must have a candlestick pattern that tells me to enter the trade like a doji followed by a bearish candle or followed bearish candlesticks.
Kotak BankKotak Bank broke out of rectangle pattern on smaller time frame charts with decent volumes. Kotak managed to break past 1792-1793 level comfortably which was acting as a hurdle for past couple of sessions..
Could be bought with stoploss of 1756 & targets of 1722(if holds) thn 1740 +
Hang Seng Tech Index: Rectangle May Hint at Trend ResumptionThe Hang Seng Tech Index appears to be carving out a Rectangle chart pattern on the 4-hour setting.
The ceiling seems to be at 4883 with the floor at 4300.
Breaking above could open the door to extending the mid-March bounce, but that would place the focus on a long-term falling trendline from February 2021.
The latter may reorient the index lower. On the other hand, clearing the trendline could open the door to a material change in trend.
Breaking under the rectangle exposes the 23.6% Fibonacci retracement at 4044 before the March low comes into play at 3463.
HSI:HSTECH
SCGP | Dragon Rectangle | Entry @ Doubled Bottom BreakoutPrice Action & Chart Pattern Trading Medium-Term Setup
> Dragon Rectangle - Doubled Claws / Bottom Breakout signal
Indicator:
> Smart Money and Banker Chip Volume support
> BBD Banker bullish signal above baseline
> Fundflow bottom with reversal pattern
> KDJ Stochastic on uptrend ribbon
RR: 2:1
Always respect your stoploss
SILJ RECTANGLE PATTERNSILJ :
Are you bullish on Silver ?
Beautiful rectangle pattern on junior silver miners .
Traders could trade the top and bottom of the rectangle or wait for a break of USD 18.
Potential target of 22 if we break bullish. Then we could see 30 if Silver breaks past USD30-35.
Trade safe.
tata motors intraday setup for 3/05/21in a rectangle patter for now which go even further down if it breaks the supply trendline in NSE:TATAMOTORS
only for educational purposes not recommend for trade
Intraday escorts idea my trade setup for tomorrow (3/05/21) in NSE:ESCORTS
only for educational purposes.
CHFJPY RANGE. A possible move down to the daily support.The price has been trapped within this range since December last year. This last week, the price gave a fake break out of the resistance, then closed the week back within the range (forming a weekly pinbar). Within this upcoming week I can expect to see the price drop further down to the support once again around 166.305. Before I take entry on this pair, I'll wait for the price to once again retest and reject the range resistance at 117.613. If the price will give a daily rejection of that level, then I'll be interested in taking a short trade back to that support at 166.305.
Long EURGBPRecently EURGBP ranged in H4 rectangle pattern and falls to below of this and makes a bullish pinbar candle.we can expect some upside movement from this area!
Short USDCADOverall, USDCAD is trending downwards. Recently, USDCAD bounced up from the key level of 1.27.
USDCAD’s next support zone is at 1.25720 and the next resistance zone is at 1.27900.
Look for selling opportunities of USDCAD from above of the rectangle pattern and trend line zone.
CAMP: LONG TRADE IDEACAM P:
Internet of Things play.
Long consolidation. On watch for a break out of the horizontal channel.
Trade safe.
Netflix - Rectangle PatternNetflix has been stuck in the $460-$570 range since July. I am expecting it to retest $570 then possibly break higher.
I do not have a position yet.
TREND CONTINUATION PATTERNSIn this above chart we can see about the trend continuation patterns such as pennant triangle,rectangle and flag patterns
EURJPY Entry 124.292 Exit 122.517 Stop Loss 124.792EURJPY Entry 124.292 Exit 122.517 Stop Loss 124.792
Risk 50 Pips
Reward 177.5 Pips
R Multiple 3.55R
Risk $1000.00
Lotsize 2.111 (211,104)
Pip Value $9.4740
Risk $100.00
Lotsize 0.2111 (21,110)
Pip Value $0.94740
Risk $10.00
Lotsize 0.02 (2,111)
Pip Value $0.094740
How To Draw And Trade With Rectangle Pattern Educational Welcome Traders >> We Have Here Educational Lesson To How To Trade With
$RECTANGLE_PATTERN
💠 Sell Pattern 💠
1- Draw The Channel
2- Waiting For Break Out Down And Test To Entry
3- Set Stop Lose At Middle Of The Rectangle
4- Set Take Profit Double Stop Lose ( Example : Sl 30 Pips : Target 60 Pips )
💠 BUY Pattern 💠
1- Draw The Channel
2- Waiting For Break Out Up And Test To Entry
3- Set Stop Lose At Middle Of The Rectangle
4- Set Take Profit Double Stop Lose ( Example : Sl 30 Pips : Target 60 Pips )
🌐🌐🌐 Tips 🌐🌐🌐
1- Best Pairs (Slow Pairs)
2- Best Frame ( 15M & 1H & 4H & 1D)
3- Best Time To Trade ( 7 AM To 3 PM GMT )
Thanks For Your Read ♥️
EURCHF Rectangle Pattern. Watch Level 1.08379 and 1.07163.EURCHF Rectangle Pattern. Watch Level 1.08379 and 1.07163.
