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Symmetrical Triangle

INDIA GLYCOLS - keep an eye for symmetrical triangle breakout📊 Script: INDIAGLYCO (INDIA GLYCOLS LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 📊 Sector: Chemicals 📊 Industry: Chemicals & Petrochemicals Key highlights: 💡⚡ 📈 There is crossover in MACD as well as in double moving averages and stock is trading towards upper band of BB last but not least RSI is around 62. 📈 One can take swing trade after stock give breakout of symmetrical triangle. ⚠️ Keep an eye on INDIAGLYCO. ⚠️ It is near at its resistance zone which is around 915. ⚠️ Script is going to give symmetrical triangle breakout. ⏱️ BUY ABOVE AROUND 915 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:INDIAGLYCO
by radha_23
3
TLM weekly falling wedge potential to increase +900%#TLM/USDT $TLM broke out from weekly falling wedge, and in daily time frame is inside lower zone of symmetrical triangle. 🐮holding this zone as support and will increase price to break out from triangle and pumping to upper resistance levels. if price going up to reach weekly falling wedge target it can give us more than 900% profit. 🐻 if price breaks down from lower zone of triangle this analysis will be invalid and I will update you!
Long
by parissap
2
EURUSD - The downtrend is at the end! Elliott Wave + Channel The EURUSD is successfully holding the 1.0 USD level. This is indeed a significant psychological level, and we haven't seen any weekly or monthly candles that closed below this level.  On the RSI indicator, we have a bullish divergence on this daily chart, and we also have another triple bullish divergence on the weekly chart as well! So, if you like divergences, this is definitely your cup of tea.  As per my Elliott Wave analysis, this huge downtrend should be over (or 1 last wave to the downside), and that's why I expect a corrective move to the upside (ABC correction). Let's see how big this upcoming retracement is going to be.  On the daily chart, we can spot a beautiful descending parallel channel, and if you prefer to wait for confirmation of my bias, then you can wait for the channel to breakout.  As you can see on the chart, we had 2 fakeouts during this downtrend, which indicated a corrective move. Usually, the third breakout is real!  The profit target is at 0.618 FIB + the start of wave 4. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
38
[08/25] Beast Trading _ Today's Bitcoin Analysis Beast Trading _ Today's Bitcoin Analysis A series of ups and downs in the continuous triangular convergence, but I pierced one direction for the first time yesterday. It's the top line right above. I'll explain the response for the time being easily, so if you refer to it carefully, you can win the probability and profit and loss battle and proceed with the sale! The shape of the chart is as simple as possible, so it will be easy for beginners to understand. Let's get down to business! Last night, a big rise broke through the top line in the big triangular convergence that had been shown for several days. However, it was a little vague to say that it was an upper side, but it fell again and came down. What you need to check here is 1. Short term "green upward trend", 2. Existing "Triangle Convergence Top Line", "Red decline trend" from 25.2k 4. "Blue upward trend line" below the green upward trend A V-shaped rebound came from the short-term green trend line, confirming that it was a meaningful support line. If it comes down again, there is a high probability of support on this line, and if it breaks, there is a risk of further decline. Triangular convergence top line He broke the top line of the triangle convergence in yesterday's shot, but he came down from the top without holding out, so I think it could still be meaningful. It still hits the top line and falls slightly, and I think it will be a little more positive for the rise if it breaks through and settles upward. A line that acts as a resistance. Red on the decline It's a downward trend created by 25.2k and 24.4k. If we break through this downward trend and hold out from the top, it will be a little more positive for the rise, but we haven't yet. If you break through, you'll break through a sharp decline, so I think you can judge that the decline has subsided a little. Blue upward trend It's the bottom line of the triangle convergence. I think it will be the last line for those who see the upward view. If this line breaks and falls, you have to think about renewing the 20.7k low point! It acts as a support line. If you check the support/resistance lines carefully and enter a position with a good probability and profit/loss ratio, you will lead the sale to an advantage!
by BeastTrading_Sehyun
Ripple XRP - Market overview + Elliott Wave analysis XRP is a very weak coin this year, and this trend will probably continue for another year. I'll tell you why.  During the bull market in 2020–2021, XRP failed to print an impulsive wave and also failed to make a new all-time high. Instead of an impulsive structure, we have an ABC correction. This tells us that the bulls are not strong enough yet to push the price higher and that the bears remain in full control. I think XRP will experience a massive uptrend on the weekly chart, but we still need to be patient and wait for the opportunity that should come later in 2023–2024.  As per my Elliott Wave analysis, this bearish structure is absolutely incomplete, and that's why I expect another down-trend. The chart printed a symmetrical triangle on the weekly chart that broke down. Symmetrical triangles on weekly timeframes are especially powerful, and it usually requires more time for the bulls to regain strength again. I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more analysis, please hit "Like" and "Follow"!
by UnknownUnicorn2537518
29
MY LONG SWING TRADE IN INDIA CEMENT India cement making good price action pattern in daily time frame, this stock follow more than 200 days trandline resistance and break this trandline with strong bullish candel in daily TF with good volume. also stock is follow support trandline with good respct.and aslo its PEMA(21,34,55) its turn to flat to sloping upside its best singh for long this stock my lavels are enter to this stock BUY = 204-205 TATGET = 210,220,230 STOP LOSS = 195
NSE:INDIACEMLong
by sagar11aa
1
Binance BNB - Stronger than ETH! Best time to buy? As I mentioned in my previous analysis, BNB hit a new all-time high on the BNBBTC pair, which is an extremely bullish event! Also, BNB is stronger than ETH, and as per my analysis of the BNBETH pair, the uptrend should continue into next year. On the daily chart, we can clearly see a falling wedge pattern that has been destroyed by the bulls recently. Now we are "retesting" the pattern. My Elliott Wave analysis suggests that a major ABC correction has been completed and we have already started a new impulsive wave to the upside. Currently, we are in the second corrective wave.  Binance coin is definitely a great choice and with an upcoming alt season, this altcoin will perform much better than Bitcoin. Look at my ideas about BNBBTC analysis and other promising altcoins in the related section down below. For more analysis, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
35
Alpine Formule 1 - Breaking out! Huge opportunity, right now. As you may know FAN tokens show great strength compared to other altcoins. A huge symmetrical triangle is breaking out on the weekly timeframe, as well as a local rectangle base! Due to my Elliott Wave analysis, I expect an impulsive wave, because the massive ABC correction has been completed. I also checked out the ALPINEBTC pair, which is even stronger, so I don't know what about you, but I am buying! The profit target is below the previous all time high, which is a reasonable target before a possible correction. I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more analysis, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
34
1810 XIAOMI | Elliott Wave Analysis - Possible Dump & Pump?Price action and chart pattern trading > Ending diagonal with asymmetrical triangle pattern - possible scenario with dump & pump before ABC uptrend reversal. > Aggressive entry @ downtrend channel wave ii and iv breakout > Safer entry point @ triangle breakout > Target @ previous 1 wave 0.382- 0.5 retracement zone > Stoploss @ triangle lower support zone > Risk reward ratio: 2:1 Indicator: MACD - signal golden cross anticipated soon RSI to breakout downtrend line MA before making the long entry Always trade with affordable risk and respect your stoploss
HKEX:1810Long
by dukeposh
ETHBTC also breaking above large symmetrical triangle on monthlyThis triangle is found on the 1month log chart. This pattern is more speculative than the smaller inv h&s and bullflag patterns I posted in the previous idea to this that I will also link to this idea. If the ethbtc pair were to hit this symmetrical triangles breakout target ethereum would gain insane dominance against btc. Again this pattern validating is much more speculative than the bullflag and inv h&s patterns I posted in the previous idea…but as of now this pattern is still a valid one….even if not quite to be seen on the linear chart. *not financial advice*
by DrDovetail
3
DOGE/USDT TRADE SETUP! READY FOR A 60% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this DOGE/USDT trade setup. DOGE looks bullish here. DOGE is breaking out from the symmetrical triangle in a 12hr time frame. Also, break above 200ma. Buy some here and add more in the dip. Entry range:- $0.74-$0.77 Target:- 60-65% SL:- $0.66 If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
3
Is it over? Hi everyone, Yesterday I analyzed BTCUSDT and talked about the reason that we are still bullish in the short and midterm. (link down below) Today, we are going to be analyzing ETHUSDT, and the chart looks clear and beautiful. Right now we just broke above previous resistance where we took off some liquidity that was sitting above the previous high, and we are at a really important level of resistance of a wedge that we are inside of it. We are in the narrower channel part of the wedge and the price is showing a loss of momentum and a rejection of that resistance. Even though on the H1 timeframe price is in a symmetrical triangle, which is a continuation pattern, I lean towards breaking to the downside. However a break to the upside is possible, and if does so, I will analyze tomorrow where it will go. Btw, DOGE is looking good if it closes above the resistance. Maybe take a look if you get to read this post right away. Please comment if you have any questions, I will try my best to answer them. Thank you😊
Short
by yassin_khanji
SOL 30% PUMP ON THE WAY?SOL is looking bulllish on daily timeframe and 4 hr timeframe , It formed a symmetrical triangle and breaked it on daily timeframe upside which means sol is ready for a take off to the next resistance of 60-69$ which also a region of daily 200 MA and also technically target of symmetrical triangle of around 30-39% . We just want a retest for confirmation, BUT BUT BUT...... still fundamentals will play a major rule for solana future for more and regular update follow our account.
Long
by mastertrader690
CAD/JPY - 1H - Breakout SetupCAD/JPY is in a range, forming a symmetrical triangle . The price action is currently testing an important resistance zone after forming a double bottom on support zone. I'm expecting a resistance breakout due to Double Bottom + Bullish Divergence on the RSI and Volume uptrend on OBV. Now key zone for bulls is to break above the resistance zone. While a break from support zone will bring bears in party. The price could also stay in the range. Trade your levels accordingly.
by yo_zubair
MDX - Prepare for a massive breakout! + Huge parallel channel MDX is forming a well respected descending channel on the daily/weekly chart and we are very close to a breakout! Regarding my Elliott Wave analysis, this massive impulse wave has been completed and that's why we can expect an ABC correction to the upside. Also we have a local rectangle consolidation, which is always very good to see at the end of the downtrend for a potential breakout trade. The first profit target is at the strong resistance - wave (4) + double TOP, but i think we can go even higher later. I think MDX is a great choice together with KP3R! I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
MLong
by UnknownUnicorn2537518
47
Ethereum ETH - Rising wedge is crashing! Drop to 1250 USD? Ethereum is unfortunately losing steam, according to my technical analysis. On the daily chart, the price is printing a clear rising wedge pattern that is currently breaking down! Ethereum has already made a massive 105% gain in 51 days, so I think the wedge is likely to break down rather than up. As per my Elliott Wave analysis, which is my main specialization - a major impulse wave has been completed and we are prepared for an ABC correction to the downside. Volume is generally lower during the 5th wave, and this is a textbook example here on the chart. If we take a look at the RSI indicator, we can spot a nice bearish divergence with a lower low swing on the indicator. The question is how deep the correction is going to be. We are retracing the first wave, so the correction is usually deeper. You can see 3 levels on the chart where I expect a bounce. For more ideas, please hit "Like" and "Follow"!
by UnknownUnicorn2537518
76