VIX Daily represented in a Symetrical Triangle coming into the pattern from a bearish stance. This generally signifies a continuation pattern as it has on this chart. Its odd to see the VIX dropping while the SPX is also dropping today. Lets see if that holds. We may get BTD going on and the VIX may retest the pattern as it should.
price is moving in between lower high and higher low and creating a symmetrical triangle which will break and give good trade entry for both side trade according toyour plan on this triangle
Triangles patterns are valid only when price closes above breakout or below breakdown levels
Double bottom break on daily will take the price to 87. Opened a long position with stocks in addition to my swing trading calls! Chart symmetry is an integral part of Technical Analysis!
Litecoin has done this in the past and it is very likely that this is how it will move once again. There is a bearish divergence forming on a bigger time frame and that's why I expect a price reaction at 353 and 368 if the bullish scenario plays out.
4 Hour symetrical triangle and a MACD that is heading toward the bottom range.
Can we see price break higher here as the resistance of the symmetrical triangle is tested?
Good Day Everyone Here's a long idea on the CADJPY pair from the 4H chart looking for continuation to the upside as we just broke out of a descending channel pushed up now consolidating inside a symmetrical triangle structure looking for a break above the structure which will signal continuation to the upside. Good luck and happy trading...
On the higher time frames, it looks like BTC is trying to make a triangle formation, you can see it both as a symmetrical triangle or an ascending triangle with a horizontal resistance around 10k. symmetrical triangles are a pattern of indecision, they have 50 50% chance to break to either side. so its always better to wait for the break out first before...
Daily chart show a symetrical triangle, so I will wait until a breakout to the upside or the downside for executing a trade.
EMAs doing their job clearely! redesigning the inverted symetrical-cut parabolic shape Love, Good Luck and Happy Halving!
Doller seems to be very bullish .A symetrical triangle pattern created to go up. Expecting to buy . Next update will be on comment box.
Just a placeholder for now, since I'm not sure if there will be another high here - in this case, I'll have to adjust second Fibonacci and yellow line. Let's see how it will behave in the next week. (inspired by @ridethepig idea: ) Daily chart: Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Our Nov. 25th Inverted H&S took us to $7850 Before Forming a new top resistance line for a symmetrical Triangle. Neither Wicks On Dec. 4th broke this Symmetrical formation and we've continued to bound up and down as Volume has tapered off. A Measured Move Break Out Would Take Us North Of The 2019 High Descending Resistance line of our channel if the bulls take...
Good morning traders it's one of the most popular triangle price formations that falls under the category of continuation patterns. However, as the name suggests, it can be traded both ways
Here's my chart on Bitcoin smashing through a new ATH starting at the end of August. Let me know what you guys think. Save this chart...
Fantom is currently in accumalting phase. In the simulation on the righ site down on the chart is described how the bottom works with triangle. We can see strong downtrend, after that is formed symetrical triangle and then is usualy breakout which can start bullrun. So you can execute a trade now, place stoploss below the support trendline of triangle and wait for...