Symmetrical Triangle
EURAUD | BREAKOUT?EURAUD has been coverging in symmetrical triangle, the price is on the verge of breaking it. We are bullish in the pair if it successfully manages to breake the resistance zone.
Trade your levels accordingly.
LPT breaking out LPT breakout from long downtrend.
You can take entry on retest or go by the PA.
Entry: 28
SL: 27
TP: 33 and 39
DOT: BUYING HERE IS A VERY LOW RISK AND HIGH REWARD!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this DOT/USDT update. DOT looks very promising here and looks like hovering near the bottom.
DOT is trading inside a symmetrical triangle in the 2-day time frame. Currently, it is moving near the lower trendline of the triangle. So buying here will be very low risk. Buy some now and add more in the dip.
Entry range:- $17.5-$18.5
Target1:- $22
Target2:- $26
Target3:- $32
Target4:- $38
SL:- If any 2-day candle closes below the triangle or closes below $17 then I'll exit.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
4/13/22 $SPYThese are swung calls from 2 days ago i had got bagged on but managed to avg down a few times with some time on the contracts i was able to manage out green ... One of my last avg downs was on 4/12/22 @ close ... not a good habit especially being i'm not a swing trader at the moment usually so gonna cut that out ASAP & get back on REVIEWING EVERY DAY!!!!
BANKNIFTYBanknifty broke out of triangle pattern on smaller time frame charts.
Could be bought with mentioned stoploss & target.
BTC: LAST HOPE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC/USDT update.
BTC is still continuously dropping and there is no sign of reversal yet. But the good thing is that BTC is still holding the $42k level.
BTC has important support of 100D MA at $41,500 and this is the last hope for bulls from here. As you see in the chart how strongly this MA works. A few days before BTC breaks above this MA and now looks like it is a retest. So if BTC manages to hold this MA I'm expecting a good bounce.
In the worst case, if BTC breaks and closes below this MA then our next support is at $38k which is the lower trendline of the triangle also here is the strong weekly support.
As of now, we might see some wicks to the downside to liquidate high leverage traders but after that, I'm expecting a good upward movement this week.
What do you think about this?
Do you think we get a bounce from here or not?
Share your views in the comment section.
Thank You!
Weekly symmetrical triangle on xrpusd appears to be breaking up.Initial target is 1.20 and after that should eventually head to $2.55 according to the height of the triangle. Being a weekly chart it could take several weeks and even a month or 2 to reach this target…it could also pump right to it in a matter of a candle or 2. We will find out soon enough. *not financial advice*
ETH/USDT Symmetrical Triangle!hello everyone, as it currently looks, the Cryptocurrency Ethereum is well on the way to forming a Symmetrical Triangle. The Triangle is under the 0.618 Resistance . When the Price cross that Resistance Level with a Strong Candle we can go Bullish.
Have a nice day to all of you!
KCSUSDT is ready to explode?On the daily timeframe, the price is testing the upper trendline of the big pennant, exactly 19.5$ on 0.618 Fibonacci level and the price is going to create a Cup and handle as well.
On the 4h Timeframe the price had a rejection from the 21.2 Resistance and now it's testing the previous weekly support.
How to approach?
the price could have a false breakout of 19$. In that area the market finds the liquidity for a new bullish impulse.
the price needs to have a breakout from the 21.2 Big resistance.
So, IF the price is going to have a breakout from 21.2, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
The triangle pattern is nearing its endBitcoin is creating a triangular pattern in the weekly time frame. Although the direction of the breakout is not clear, bitcoin seems to be close to the end of the pattern. the direction of the breakout will be the direction of the next trend
EURUSD POTENTIAL NEXT MOVEMENTsymmetrical triangle pattern in range since 2017 (*weekly timeframe), interesting. we need several week for confirmation to find out the major direction, tend to reversal or breakout to continuing down.
#notfinancialadvice
#nfa
#doyourownresearch
#dyor
#eurusd
SHIB long term triangle#SHIB/USDT
$SHIB is inside huge triangle and price is at lower line.
🐻 breaking down from lower line will drop price to around 55.
🐮 break out from upper line will increase price to around 5000.
BUY HOT for now or never!Hot is at a retest position and potentially bullish after breaking the symmetrical triangle pattern. Be aware that at 0.007, the resistance is so strong. Now, this is a good place to take a long position. Don't be greedy and always manage your risk.
DaburDabur broke out of symmetrical triangle on an hourly chart with okayish kind of volumes.
Could be both with mentioned stoploss & targets.
ETH pull back to broken triangle#ETH/USD
$ETH reached the triangle target and now is in pullback to triangle again.
🐻 price can drop to descending support line that is the same with support zone around $2800
