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Triangle

HelenP. I Euro will exit from triangle and continue to move upHi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price a not long time ago reached the trend line and then made a downward impulse lower than the resistance level, which coincided with the resistance zone, thereby breaking it. Next, the price formed a gap, after which declined a little more and then rose to the trend line. After this movement, the EUR turned around and started to decline to the support zone, which coincided with the support level inside the triangle. Then the price bounced from this area and tried to grow, but after EURUSD rose a little, it quickly fell back to the support zone. Also recently price rebounded from this area and in a short time rose to the trend line, which is the resistance line of the triangle too. For this case, I expect that EURUSD will exit from the triangle pattern, make a retest, and then continue to move up to the resistance level. That's why I set my goal at 1.0820 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
4
BITCOIN → Liquidation and retest of support. When is 74K?BINANCE:BTCUSD is not ready to pass through 71500 yet and continues the correction phase, testing local lows and liquidating buyers in order to increase the position of a major player. Consolidation is clearly visible on the higher timeframes. The resistance area of 71500 plays an important role for the market, a breakout and consolidation of the price above this area will mean that the market is ready to go higher than 74K, but, the market has not yet gathered the potential and, therefore, the consolidation continues. Bitcoin is currently in the range of 71500 - 64500. It is worth paying attention to the upward support, marking a bullish trend, and the 64500 area. The bulls will actively defend this area and if they fail, the price will head towards 61500 - 59000, 56400, but the most likely scenario is a false breakdown of 64500 followed by price strengthening to the resistance of the 71500 range. Support levels: 64500, rising line, 61500 Resistance levels: 70000, 71500 The coin continues to consolidate. Sooner or later this phase will move to the phase of realization (distribution), based on the general data it may be growth, but no one excludes dump and retest of lower liquids zones before further growth. Regards R. Linda!
BITSTAMP:BTCUSDLong
by RLinda
67
Frankly, I don't feel like explaining, the chart says it all !!Hi. BYBIT:TONUSDT TON is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) . The break out needed for increasing further has not happened but it should happen pretty soon. ✨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!!
Long
by CobraVanguard
1
GOLD - Price can correct to support level and then start to growHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A not long time ago price moved up inside rising channel and later reached $2365 level, and soon broke it. After this, price entered to triangle, where it at once made downward impulse, thereby exiting from channel. Also, price broke $2365 with $2310 levels and fell to support line of triangle, after which bounced up. Price broke $2310 level again, but later fell to support line again, after which made upward impulse, exiting from triangle. Then Gold reached resistance level, but recently turned around and fell almost to support level. Now, I think that Gold can correct to support level and then start to rise to $2365 resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
2
Ethereum(ETH) Analysis===>>15 minute time frameEthereum(ETH) has succeeded in breaking the lower line of the Symmetrical Triangle . According to the theory of Elliott waves , Ethereum(ETH) seems to be completing corrective wave s. I expect Ethereum(ETH) to fall at least to the Potential Reversal Zone(PRZ) . Note: An important point you should always remember is capital management and lack of greed. Ethereum Analyze (ETHUSDT), 15-minute 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. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
9
EURUSD → Readiness for further decline. Target 1.0600FX:EURUSD is in a bearish channel. The price is below the resistance at 1.0725, there is a possibility of retesting the liquidity area before further decline. The fundamental background is weak and the actual target is 1.0606 Globally, the market is neutral-bearish. The lower boundary of the symmetrical triangle on D1 is the actual target (testing the liquidity area). Based on the general situation on H4 it is worth paying attention to such zones as: Resistance: 1.0725 (possible false breakout) Support: 1.069 (breakdown. Consolidation below will activate sell-offs). The market has a potential of about 1.10%. No news today, the fundamental and technical background is still in place. Resistance levels: 1.0725, 1.0812 Support levels: 1.069, 1.0606 On the daily timeframe, last week is closing very poorly, which most likely may hint at a possible continuation of the decline. The key target has not been reached yet, the potential is open. Regards R. Linda!
Short
by RLinda
4
Symmetrical triangle on APOLLOTYREAPOLLOTYRE formed a symmetrical triangle pattern on daily chart. Price broke out of resistance line today. However it was not a strong breakout. Its better to wait for price to move above todays high and then enter. Stop loss can be had just below prior swing low with target all time high levels. Todays volume was also above average but not huge compared to other high volume candle on the chart so a cautious entry is required. This trade offers ideal risk reward of around 1:2.5. Hope you like this idea. If you like, please boost this idea or leave a comment below on what you think. Otherwise, happy trading :-).
NSE:APOLLOTYRELong
by digijagan