Triangle
$SPX A bullish or bearish day? SP:SPX Based on the technical factors that emerge, we are right on the first finger to pivot out of the bear trend. We are officially meandering the bullish pull away with strong momentum right? But we've already have that on our side. Does that mean it will diminish? Or will it continue the alarmingly strong moment.
In this video, I will stay away from the SP:SPX , because the momentum will exhaust soon.
Watch Key Levels (SEARL)ou can closely watch the levels I've mentioned on the chart via the text. Before a breakout or breakdown, consider playing within the range with a stop-loss. If a breakout (BU) or breakdown (BD) occurs, check other supporting indicators or parameters before executing your trade. Always conduct your own research before making any decisions.
Air New Zealand Monthly ChartAir New Zealand monthly chart,
Descending triangle which is at 25 year low, triangle are often wave 4s which suggest it still wants to go lower
I actually want to see this break the low and create a 5th wave triangle overthrow as shown
This would be a great buying zone as the current price of $0.587 is offering a 7% dividend, if it were to drop to 42-44cents then it will increase to 10% yield, going back to pre COVID, the dividend went up to 0.08c
Downside is $0.40
Upside is dividend 7-10% possibly increasing up to 20%
Capital appreciation even up to the top of the triangle is 300% gain...
Risk is the company is carrying too much debt and the operating profit is very low at sub 5%, so there likely needs to be a restructure
Blowing the price to a new all time low will definitely create a catalyst for change and offer a good buying opportunity
This is partially government owned so very very unlikely to go bankrupt, but can still go through a restructure to reset debt and operating expense ratios
NOTCoin → Pullback after a false breakdown. When is it going up?BINANCE:NOTUSDT on the background of the rally ( together with TON ) strengthens and updates the maximum 0.0129, thus forming a retest of the wedge resistance. The attempt is unsuccessful, the reaction is a pullback to the liquidity zone.
Fundamentally interesting project in the medium and long term can still show good growth, but for this developers need to try. The prospects of Notcoin will depend on the innovations developed by the project, its marketing strategy and the state of the overall cryptocurrency market.
Technically, a false breakdown of the wedge resistance is forming amid bitcoin's decline. The price may test the liquidity area of 0.0105 and then a retest of the resistance may follow. I do not exclude the fact that the support may be broken without any corresponding reaction, in this case we will wait for a retest of trend support.
Resistance levels: 0.1294
Support levels: 0.01053, 0.00912
Accordingly, any breakout and consolidation of the price above the wedge resistance will be a strong signal for further rally. As long as the price has not left the range, it is worth considering trading inside this pattern.
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:NOTUSDT ;)
Regards R. Linda!
The last bullish chance of BTC in short term !the BTC is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Gold. Where to Long toward ATH at 2500 +/-? 16/August/24XAUUSD possible forming an expanding flat (A)(B)(C)(Green) in wave C (yellow circled) of skewed triangle. Price could reach ATH again at 2505 before big drop toward 2310 +/-. 2505 is a confluence zone of :- 1) Upper Trendline (blue) resistance of Parallel Channel 2) Upper Trendline (yellow) Resistance of Skewed Triangle.
Ascending Triangle Pattern Breakout in ICICIGIICICI Lombard General Insurance (ICICIGI) Analysis – 30-Minute Timeframe
On the 30-minute timeframe, ICICI Lombard General Insurance (ICICIGI) has displayed a bullish breakout from an Ascending Triangle pattern, which is typically considered a bullish pattern indicating potential upward momentum. The breakout suggests a strong buying interest, with expectations of an upside rally in the stock.
Key Levels:
Entry Point: An entry opportunity is identified above the 1995 level, which acts as a confirmation of the breakout.
Stop Loss: To manage risk, a stop loss is recommended just below the 1960 level. This level serves as a crucial support, and breaking below it may invalidate the bullish setup.
Target Levels:
Intermediate Target: The first target for this trade is set at 2030, where partial profits could be booked.
Final Target: The final target is anticipated at 2065 or above, aligning with the expected continuation of the bullish trend post-breakout.
EURUSD → Attempting to change the global trend.... FX:EURUSD after the retest of the trend resistance is forming a correction, which is correlated with the growth of the dollar index. By the nature of the movement, the currency pair is in the bull market phase....
False breakdown of the symmetrical triangle resistance. The fundamental background for the currency pair is relatively positive. The dollar will continue its decline in the future, which is favorable for the euro. In this case, after the end of the correction, it is possible to retest the resistance with the aim of breaking through and further change of the global trend from neutral to bullish.
Technically, the focus is on 1.0916 and 1.095. Breakout and price consolidation above this zone will be the beginning of further bullrun.
Support levels: 0.5 fibo, 1.087, 0.7 fibo, 0.79 fibo.
Resistance levels: 1.0916, 1. 095
Both technically and fundamentally, we have positive preconditions for the growth continuation. The correction may take a little longer, but it is worth paying attention to the key zones indicated on the chart.
Rate, share your opinion and questions, let's discuss what's going on with ★ EURUSD ;)
Regards R. Linda!
Notcoin(NOT) Analysis==>>TriangleNotcoin(NOT) is moving in the Heavy Resistance zone($0.0158_$0.0153) and broke the symmetric triangle's upper line and 100_SMA(4-hour TF) ( with significant volume ).
According to the theory of Elliott waves , it seems that we should wait for the next 5 impulse waves of Notcoin(NOT) .
I expect Notcoin(NOT) to rise again, at least until the Monthly Pivot Point . If the Heavy Resistance zone($0.0158_$0.0153) is broken, we can wait for the Notcoin(NOT) pump .
Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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Gold. short toward 2310 +/-. 15/August/24XAUUSD trending down after the release of "better" CPI.. But "nobody" "care" WXX the inflation is now..That is "battle" within THE FED and WallStreet. While The FED "enjoying" the High rate, most its Citizens ...For rate cut..ONLY when WallStreet 'crashing" the market then.. The FED..
Ascending triangle breakoutGood volume buildup in daily and weekly timeframe.
Highest volume buildup in past one year.
Ascending triangle breakout with good volume.
Depending on the market momentum the price cand give small retracement or move up.
Fundamental's are OK.
DII stakes are up.
NOTE: I do my analysis, do yours before trade.
DOGECOIN on the rise! Let's goo!Hello traders!
At this very moment, we can feel some recovery after the market has been retracing and even piercing ATL on several coins. DOGE, however, has remained very solid and true to its uptrend. I've marked a certain confluence zone that could give us a hint as to what may happen.
1) We can see that when the price hit the 0.22 zone, it started to decline and range inside a triangle pattern. This pattern has never been broken on either side, so we can say the price has been in equilibrium for a long time now. Recently, the price bounced off the lower band of the triangle, creating an opportunity for us.
Possible confirmations would be a breakout of the downward trendline as shown in the chart above, followed by strong volume and a successful re-test.
2) TARGETS: The nearest one would be 0.16, which would act as a supply zone. After that, the wave is complete. We should wait to see how price reacts to the zone to confirm if the bulls will still be in control to drive the price even higher or if the steam is over and most likely will enter a ranging phase.
This idea is to spot for the long term. This asset is still in balanced mode; there hasn't been a breakout of the range yet. However, it's worth noting that there's a triangle pattern playing out right now.
I hope you find it useful and are able to take advantage of this idea.
Kina Tip of the Day: Take profits partially even when they don't seem much because, in the long run, they will grow in a balanced way with the rest of the portfolio.
Keep it shiny ⭐
Kina, The Girly Trader
GBPAUD - descending Triangle As you can see in the chart, GBPAUD is forming a descending triangle in the 4hr chart.
The Lower TF took an change in trend after the massive liquidity sweep. Now, 4hr is showing signs of the trend continuation pattern.
I entered the trade at 1.63900
Tp1: 1.93300 (The base of the triangle)
Tp2: 1.92650
Tp3: 1.91800
RTED Investing / PEPEUSDT potential push to 0.000011PEPEUSDT recently experienced a false breakout below the support level. Looking at previous price action, a similar pattern emerged where the price moved sideways before eventually breaking through, forming a candle with a long wick that indicated a rejection at that level. After this period of consolidation, the market surged. We're currently seeing a comparable setup: a candle with a long wick that briefly dipped below the support level but quickly recovered. Switching to the monthly timeframe, it's clear that the price swept liquidity below the May low. Given this analysis, it's expected that the price will consolidate for a while before gradually moving upward. The target is the resistance zone around 0.00001100.
The last bullish chance of BTC in short term !BINANCE:BTCUSDT
the BTC is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!