Triangle
IS ULTA BEUTY ABOUT TO GET A MAKEOVER?!NASDAQ:ULTA
IS NASDAQ:ULTA ABOUT TO GET A MAKEOVER?!
In this analysis video we will discuss:
1️⃣ MY #HIGHFIVESETUP trading strategy
2️⃣ Symmetrical Triangle pattern
3️⃣ My plan for this trade
Short🎯 $448
Long 🎯 $516
Chart 1/5 dropping soon.
What do you think of this trade setup? Are you adding it to your watchlist?
NFA
NASDAQ:QQQ #TRADING
Solana’s Cup&handle, Bullpennant, & symmetrical triangle targetsSolana already with a strong green candle on the Daly right now as price action is currently above the brown rimline of the cup and handle. Will be interesting to see how quickly it is able to confirm the breakout, still not completely validated yet but looking promising on the daily chart(not shown here). Since these patterns seem most valid on the monthly time frame it is going to take more than just one bullish daily candle close to confirm the breakout most likely. *not financial advice*
CRVUSDT 1H - Needs to break the triangleCRVUSDT 1H - Needs to break the triangle
TRADEX BOT NEWS:
We already have an improved version of the autotrading bot. This version allows for scalability of the project. The bot needs much less resources, we have eliminated weak links making the process much more straightforward. As for execution, there is almost no delay, it is immediate at market price.
We are now improving the mathematical execution logic to summarize the tests with different strategies.
It will be ready very soon :)
If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies in a VISUAL and PROFESSIONAL way, as we present in the analysis.
Thank you!
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CRVUSDT 1H - Needs to break the triangle
CRV is in a critical resistance zone of the triangle that it has been forming.
If you want to join a bullish rally, you must break these levels. Otherwise, the price structure will deteriorate more and more and it will no longer be attractive to hold.
LEVELS:
TP: 0.38
BUY: 0.267
SL: 0.255
SUPPORT: 0.21
Good luck in your decision making.
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Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
BTCUSDT 15 min - BEAR & BULL Strategies - 2 stepBTCUSDT 15 min - BEAR & BULL Strategies - 2 step
TRADEX BOT NEWS:
We already have an improved version of the autotrading bot. This version allows for scalability of the project. The bot needs much less resources, we have eliminated weak links making the process much more straightforward. As for execution, there is almost no delay, it is immediate at market price.
We are now improving the mathematical execution logic to summarize the tests with different strategies.
It will be ready very soon :)
If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies VISUALLY and PROFESSIONALLY, as we present in the analysis.
Thank you!
_______________________________________________________
BTCUSDT 15 min - BEAR & BULL Strategies - 2 step
We continue with our bullish channel and triangle strategy.
BTCUSDT is marking increasingly higher lows and is approaching the base of the current bullish channel that acts as dynamic support.
That said, we must set a strategy that allows us to properly manage the risk-reward equation.
We don't really know what the price will do, but we must be prepared for different scenarios.
If we already have it in our portfolio,
SL: 75500
TP: 79000
If we want to position ourselves BULLISH
BULLISH STRATEGY LEVELS:
BUY: 75500 or 76400
TP 79K
SL: 74700 below the EMA 200
BEAR STRATEGY LEVELS:
SL: 76400
SELL: 75000
If it breaks the dynamic support and gives signs of a change in trend.
In the area of uncertainty, we will continue to swing :)
We just have to wait for the triangulation to break in one direction or another.
Good luck in making decisions.
______________________________________________________
Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
SolanaHi guys
on the weekly time frame; If the red downtrend line breaks upwards, we may be ready to complete the flag pattern.
But the situation is not interesting here at the moment.
If the red support area ($104.5) is completely consumed, we expect a reaction from the area of $188.4 or $160.3, and the possibility of continuing the downward trend to the specified price area is strengthened.
If the support area of $104.5 is preserved and the downtrend line is broken upwards, our mentality for an uptrend will be strengthened.
What do you think?
Solana Targets $249 After Breaking Key Resistance LevelSolana prices have finally broken out of a descending triangle, pushing and closing above the trend line at $178.60 per coin. In the short term, if there’s a correction toward $181.44 and it does not dip below $168.48, traders are likely to buy this dip, aiming for the $249 target level.
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Best Price Action Pattern For GOLD Trend Following Trading
This bullish pattern is very powerful .
Being spotted on a daily/4h/1h, any time frame, it will help you to accurately predict a strong bullish movement on Gold .
In this article, I will teach you to identify a buying volumes accumulation on Gold chart and as a bonus, I will show you how I predicted a recent bullish rally with this price action pattern.
The initial point of this pattern will be a completion point of a strong bullish impulse.
At some moment, the price finds a strong horizontal resistance, stops growing and retraces.
The second point of the pattern will be a completion of a retracement.
It should strictly be a higher low - it should be higher than the low of an initial bullish impulse.
After a retracement, the price should return to a horizontal resistance and set an equal high , that will be the third point of the pattern.
Then, the price should retrace AT LEAST one more time from a horizontal resistance and set a new higher low.
After that, the price should set one more equal high.
3 equal highs and 2 higher lows will compose a bullish accumulation pattern.
Please, note, that the price may easily set more equal highs and more consequent new higher lows and keep the pattern valid.
Above is the example of a bullish accumulation pattern on Gold on an hourly time frame. The price set 3 equal highs and 3 consequent higher lows.
This pattern will signify the weakness of sellers and the accumulation of buying volumes.
The point is that each consequent bearish price movement from a resistance is weaker than a previous one. It means that fewer sellers are selling from the resistance and more buyers start buying, not letting sellers go lower.
In our example, we can clearly see the consequent weakening, bearish price movements.
This pattern indicates a highly probable breakout attempt of the resistance. A candle close above that provides a strong bullish signal.
The broken resistance will turn into support and will provide a safe point to buy the market from.
In our example, the market broke the underlined horizontal resistance and closed above that. It indicates the completion of a bullish accumulation and a highly probable bullish trend continuation.
You can see that Gold retested a broken structure and then a strong bullish wave initiated.
In a strong bullish market that we currently contemplation on Gold, this bullish pattern will provide a lot of profitable trading opportunities.
No matter whether you are scalping, day trading or swing trading Gold, this bullish accumulation pattern will help you to predict long-term, mid-term and short-term bullish movements.
❤️Please, support my work with like, thank you!❤️
BUY GBP VS JPY Triangle BreakoutThe GBP vs JPY pair on the M30 Timeframe presents a potential Buying oppurtunity due to a recent breakout from a triangle pattern This suggest a shift in momentum towards the upside and higher likehood of further advances in the coming the hour
POSSIBLE LONG TRADE
First Resistance 199
Second Resistance 200
Stoploss To manage risk place a stoploss order below support zone
This helps limit potential losses if the price falls back unexpectedly
Your likes and comments are incedibly motvitation and will encourage me to more analysis with you
ETH/BTC Weekly - Ascending Trendline Support and Potential RebouThe ETH/BTC weekly chart shows a strong ascending trendline acting as long-term support. ETH/BTC is currently near this support level, where it has historically shown bullish reactions. The recent drop to the trendline suggests a potential bounce, with a green arrow indicating the possible upward trajectory if the trendline holds.
I'm personally considering this level for a potential long position, with a target near 0.08 BTC, aligning with prior resistance. However, if the price closes below the trendline on the weekly chart, I’ll reevaluate this setup for further downside possibilities.
This is my personal trade setup and not financial advice
FNMA Monthly BreakoutFull disclosure, I've owned this stock from 2011 and already pulled my original money out and also scaled back in again over time
Has had a multi year triangle building for years, and broke out of this and closed outside of this at a daily level in the last 12 hours
A trump victory puts the release from government conservativeship back on the table again which is a solid catalyst...
One worth watching... as I think this is about to rocket based on my 15 years of watching it
AUDNZD new bullish outlock
AUDNZD one of pairs on which watching in last can say long periods. First analysis on (attached) AUDNZD i am make on 22.11. Where i am share strong bullish expectations, price is make bull push all time and still what expecting here is bullish trend, from here expecting to se new strong bullish push. +We are have yesterday RBA.
Currently structure ASCENDING TRIANGLE visible
SUP zone: 1.09550
RES zone: 1.12050, 1.13100
Central Depository Services (I) Long positionCentral Depository Services (I) Ltd Daily Chart Analysis
This daily chart of Central Depository Services (I) Ltd (CDSL) reveals key market movements and a clear ascending trendline support that has provided a strong base for the stock’s recent upward movement.
Key Observations:
1.Ascending Triangle Pattern: The chart shows an ascending triangle pattern, characterized by higher lows connecting through a rising trendline and a relatively horizontal resistance zone near ₹1,660.20 - ₹1,664.40. This pattern typically suggests a continuation of the existing uptrend with a potential breakout.
2.EMA Levels: The stock price is above the 13, 48, and 200 EMA levels, which supports the bullish sentiment. The moving averages act as a dynamic support zone, indicating strong buying momentum.
3.Volume Trends: The volume shows periodic spikes, suggesting accumulation. A volume surge during an upward breakout above ₹1,660 - ₹1,664 could confirm the strength of the breakout.
4.Resistance and Support Zones:
• Resistance: The key resistance levels to watch are around ₹1,660.20 and ₹1,664.40. If the price breaks out above these levels with strong volume, it could lead to a significant upward move.
• Support: The immediate support level lies at ₹1,560.55, aligned with the ascending triangle’s support trendline. A break below this level may result in a corrective phase or consolidation around ₹1,486.65.
5.RSI Indicator: The RSI is around 58.93, indicating bullish momentum but not yet in overbought territory. A move above 60 would further strengthen the bullish sentiment.
Potential Scenarios:
• Bullish Scenario: A sustained breakout above ₹1,664 with strong volume may push the stock toward higher resistance zones, potentially targeting ₹1,750 and beyond.
• Bearish Scenario: A failure to break above the resistance levels and a drop below ₹1,560 could lead to a pullback toward the support levels around ₹1,486.
Impact of US Elections:
The outcome of the US elections can influence global market sentiments, including Indian equities. A favorable or market-friendly outcome (e.g., policies encouraging global trade, fiscal stimulus, or economic stability) could trigger bullish momentum in international markets, including CDSL, especially if investor sentiment turns risk-on. Conversely, market uncertainties or potential negative impacts on global trade and investments could weigh down sentiment, causing increased volatility and possibly stalling upward momentum for stocks like CDSL.
Summary: CDSL is currently showing a bullish pattern with an ascending triangle. The upcoming breakout or rejection from the resistance levels will likely set the direction for the stock. Traders should monitor volume, price action, and global macroeconomic influences, including the US election outcomes, to gauge market sentiment accurately.
Disclaimer: This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a financial advisor before making any trading or investment decisions.
$QQQ: The election is over, here is where the markets are going NASDAQ:QQQ NASDAQ:NDX
The charts say we are in a FULL on BULL RUN!
Cup n Handle Measure Move hasn't hit yet at $560, the measure time is out until Feb2026.
Ascending Triangle Breakout is happening now with a measure move to $580 by March2025.
Also, a #HIGHFIVESETUP and why I pointed out that we would bounce on Halloween and hit ATH's this week.
Like and Follow for more setups, we are just getting started.
NFA
#trading