Disney ( NYSE:DIS ) is about to retest strong support: Click chart above to see the detailed analysis👆🏻 Even though Disney has been consolidating for about 10 years now, it is still providing bullish trading setups. Especially the current horizontal support has been holding Disney above water and it is more than likely that Disney will create another...
Hello Traders and Investors, today I will take a look at Meta Platforms. -------- Explanation of my video analysis: For more than five years Meta Platforms has been trading in a reverse symmetrical triangle formation. We saw the last retest of support back in the end of 2022 which was followed by a decent rally of +450% towards the upside. At the moment Meta...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
Dax is at a critical point. The chart is mostly self-explanatory, break out of the pattern or reject with a double top and retest the lows. There is also possibly a much larger inverted triangle pattern at play.
Here we are entering a new phase for short-term BTC . Looking at the graph we now have two possibilities : 1: BTC break the resistence at 49/50 K 2: BTC is now forming an inverted triangle pattern . In the first case we could be faced with a new bull run . While in the second we would find ourselves in a pattern that would lead us to touch 42 K with a...
LOOKS LIKE Inverted Triangle and Megaphone Pattern is in the making In such kind of pattern one can see new high and new lows so you can think of those megaphones or bull horns kind of patter. Under which making new high constantly new lows constantly pattern kind of widening out This pattern itself is very hard to find they don’t setup that often , you can see...
we seen an inverted triangle pattern, if the wave break 1.18 resistance it can go until 1.19...
The massive volume spike in the 2nd move up didn't materialize into a rally and failed to intermediate support (POC). This PA is a major criteria for a rev sym triangle setup. To confirm this setup, price needs to move up a third time and fail roughly at the red box (the red box is also a major pivot). Price won't move in a straight line, could fall to 6K and...
Description is on the chart. Risk 0.9859 Target A=C=1.0330 EW title for pattern is Inverted Widening Triangle