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Trianglebreak

Buy GBP/JPY Triangle BreakoutThe GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 197.44 Target Levels: 1st Resistance – 199.20 2nd Resistance – 200.20 Stop-Loss: To manage risk, place a stop-loss order below Support Zone. This helps limit potential losses if the price falls back unexpectedly. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_FOREX_TRADING
9
USD/JPY idea short 1hHey i have a little idea for a short position it goes like this. A rising wedge pattern is made but does not rise and falls below the pattern so a reversal is coming i think. Plus he also hit my support on the week time frame so i think my reversal is confirmed now wait and see. If he should still return and turn above the pattern, then take a long position it's also the weekend this is just a calculation but it seemed like a possible solution when the market opens again. Enjoy your weekend everyone! #RisingWedge #Bearish
Short
by MrViewPips
Netflix - Bullish Move Of +50% Ahead!Netflix ( NASDAQ:NFLX ) is trading at an important breakout level: Click chart above to see the detailed analysis👆🏻 Netflix is just another one of these stocks which is perfectly following cycles and market structure. After the recent drop of about -80%, Netflix perfectly tested the bottom of the reverse triangle pattern, created bullish confirmation and took off towards the upside. Levels to watch: $700, $1.000 Keep your long term vision, Philip (BasicTrading)
NASDAQ:NFLXLong
by basictradingtv
6
Nike - Catch this reversal!NYSE:NKE continues its overall uptrend despite the recent drop of -60% to the downside. All you need in order to catch the reversal of the decade is simply one line: a support trendline. Nike is currently approaching a support trendline, which has been sending prices higher for the past 30 years. Just this fact alone makes me believe that we will see (much) higher prices on Nike over the next couple of weeks and months, but we still need bullish confirmation first! Levels to watch: $70 Keep your long term vision, Philip - BasicTrading
NYSE:NKELong
by basictradingtv
18
Sell GBP/USD Triangle Breakout The GBP/USD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.3055 Target Levels: 1st Support – 1.2988 2nd Support – 1.2960 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
7
Bitcoin - Time to buy again!Finally, Bitcoin broke the symmetrical triangle and the price can fall to the support zone. also 53k is a good price to buy again!!! ✨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
37
Sell EUR/AUD Triangle BreakoutThe EUR/AUD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.6280 Target Levels: 1st Support – 1.6192 2nd Support – 1.6152 Stop-Loss: To manage risk, place a stop-loss order above 1.6330. This helps limit potential losses if the price falls back unexpectedly. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
10
NVIDIA Is Trying To Breakout Of A Triangle; Room For $150Hello Traders, and welcome to our new update! This time I will take a look at Nvidia. It’s in a very nice recovery and looking strong, especially after retesting the $90 area and filling the gap from August, which occurred after earnings were released in May. This retracement was quite similar to the pullback we saw back in April, when the market retraced to the gap from February’s, following Q4 2023 earnings release. Currently, Nvidia is coming out from an Elliott wave bullish triangle. This is significant because such triangles typically represent sideways price action between two contracting trendlines, where many traders tend to lose interest as the range drags on. However, as the price contracts, this is actually when we should expect a breakout, espeically when we see five subwaves labeled A-B-C-D-E within the triangle, it’s a strong signal that the breakout can be coming. The confirmation for the breakout comes when the wave (D) swing high is broken, which was around $127. But now,the price is even pushing above $131.40, wave (B) high. if it closes above that level, I believe there’s a good chance the market will rally to new highs, potentially reaching the $150 area. If you find these insights helpful, please like this idea or drop a comment below. Gregor
NASDAQ:NVDA
by ew-forecast
Google - Textbook break and retest!NASDAQ:GOOGL might retest the previous breakout level before continuing the uptrend. The entire chart of Alphabet (Google) is green, yet I do expect a (short term) move lower first. For almost a decade, Alphabet has been retesting and respecting a major support trendline before then breaking out of the ascending triangle formation just a couple of months ago. I just expect Alphabet to retrace back to the breakout level before then creating new all time highs. Levels to watch: $150 Keep your long term vision, Philip - BasicTrading
NASDAQ:GOOGLShort
by basictradingtv
9
Sell GBP/USD Triangle BreakoutThe GBP/USD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.3382 Target Levels: 1st Support – 1.3312 2nd Support – 1.3265 Stop-Loss: To manage risk, place a stop-loss order above 1.3440. This helps limit potential losses if the price falls back unexpectedly. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
41
Tesla - Breakout After Almost 4 Years!Tesla ( NASDAQ:TSLA ) is finally breaking out of the triangle pattern: Click chart above to see the detailed analysis👆🏻 After a 4 year consolidation, Tesla is finally attempting to break out of the long term bullish triangle pattern. The monthly candle still needs to close but everything is pointing towards a major move higher, with the first target being the previous all time high from 2022. Levels to watch: $250, $370 Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
12
GOOGL may be ready to rally with the other Magnificent 7.NASDAQ:GOOGL has not performed as well as other Magnificent 7 names, which are currently trading much higher than their August 5th lows. If NASDAQ:QQQ continues to build above its daily 50 SMA, and other technology names in this space continue to move higher, GOOGL may start to move higher as well. GOOGL has held demand at the retest of the previous all-time high and may break out of a falling wedge on the weekly chart.
NASDAQ:GOOGLLong
by DMT_Doctor
4
Sell EURCHF Triangle BreakoutThe EUR/CHF pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9395 Target Levels: 1st Support – 0.9353 2nd Support – 0.9324 Stop-Loss: To manage risk, place a stop-loss order above 0.9412. This helps limit potential losses if the price falls back unexpectedly. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
5
Xrp - The First Of Two Massive Breakouts!Xrp ( BITSTAMP:XRPUSD ) is still creating bullish structure: Click chart above to see the detailed analysis👆🏻 Despite the overall crypto market weakness Xrp is still holding and even rejecting the lower support trendline of the symmetrical triangle pattern. Xrp also created another short term triangle within the long term triangle, so two major breakouts might happen pretty soon. Levels to watch: $0.6, $1.0 Keep your long term vision, Philip (BasicTrading)
BITSTAMP:XRPUSDLong
by basictradingtv
11
Tesla - This Is Still Not Bearish!Tesla ( NASDAQ:TSLA ) is stuck between structure: Click chart above to see the detailed analysis👆🏻 Tesla continues to consolidate in the long term descending triangle pattern. Following previous price action, a bullish breakout is much more likely but Tesla is still trading below the trendline resistance. A potential bullish breakout will be followed by an incredible rally and new highs. Levels to watch: $160, $230 Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
Microsoft - Correction Is Not Over Yet!Microsoft ( NASDAQ:MSFT ) can still drop a little lower: Click chart above to see the detailed analysis👆🏻 It seems like the correction on Microsoft is not over yet and following previous price action and market structure, a move back to the previous triangle breakout level seems to be quite likely. However Microsoft still remains in an overall bullish market so looking for long setups is best. Levels to watch: $350 Keep your long term vision, Philip (BasicTrading)
NASDAQ:MSFTLong
by basictradingtv
Sell AUD/CAD Triangle BreakoutThe AUD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9086 Target Levels: 1st Support – 0.9045 2nd Support – 0.9025 Stop-Loss: To manage risk, place a stop-loss order above 0.9115. This helps limit potential losses if the price falls back unexpectedly. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
2