Apple is near key levelsFirst of all, forgive me to draw so much in this chart but AAPL is on fire and we've to take a close look to price movements because we could see awesome opportunities soon.
We all know AAPL, amazing business, great margins but now suffering some issues with production that can lead to some volatility.
In this chart, you can see:
1. A very big historical bullish channel in grey that give us resistance prices in the 100-110$ level.
2. An amazing expanding triangle unfolding with potential price objective at 100-110$ zone. Take care, I'll explain further this price formation and why it could end at 120 or 115$ the movement.
3. The RED danger zone explained in the idea of few days ago. The break of this support led to -7% returns by now.
4. The small downtrend blue line that was our previous idea. We expected a bullish break that never happened, instead we've seen the break of the danger zone support, so our mind is bearish since then in AAPL. (Please see previous idea to understand this in detail).
5. Some blue lines that are major resistances, the lowest one in the 105-110$ zone. Note that this is also the expected zone of 1 and 2.
Expanding triangle explanation
An expanding triangle is a chart pattern that occurs in a trend and is characterized by a series of higher lows and lower highs. This pattern is formed by two trendlines that converge towards each other as the price moves in a wide range. The upper trendline represents resistance and the lower trendline represents support.
As the price approaches the apex of the triangle, it becomes increasingly volatile, and a breakout is likely to occur. If the price breaks out to the upside, it is a bullish sign and may indicate that the trend will continue higher. If the price breaks out to the downside, it is a bearish sign and may indicate that the trend will reverse.
The consequences of an expanding triangle in the market depend on the direction of the breakout and the strength of the trend leading up to the pattern. If the breakout is strong and the trend is bullish, it may lead to further price increases. If the breakout is weak and the trend is bearish, it may lead to a reversal or consolidation in the price.
By now, we see a wave 3 which is 1,618 times the first wave. We expect a wave 5 which could be 1,618 times the wave 3, this would move the price to 110$, again this zone... Take care, by now wave 5 is slightly more than 100% of wave 3, so the triangle could end at any time, but for us makes sense to wait for lower prices to have a better risk reward ratio.
Ahead we have 120$ and 115$ levels which are also important previous supports and resistances and could lead to some bounces or eventually to the end of the pattern. Let's keep watching!
Worst case
If the price loses the 105$ level, we have no historical volume until 80$ so a crash could happen easily. Anyway, the 105-110$ zone is strong enough to believe that demand will appear there and the expanding triangle could then be confirmed.
Trianglebreak
XRPUSD 'D' - 40% Gain Incoming as Squeeze EndsXRP is currently closing in on the end of a very long descending triangle; there's going to be big movement along the path of least resistance here. With strong support on the underside that path looks to be upward, with the next level of resistance being after around a 40% rise or more.
Crypto Tipster v2 has just flagged a Buy signal on this one too and given the current technicals and chart analysis, we'd definately agree! :)
Increased volumes. Triangle breakdownThe price is in long-term accumulation, there are clear three approaches to the level, the last of which is on elevated volumes, which indicates the strength of the buyer. Potentially, you should expect a local squeeze to the level as confirmation of the trial scenario. I recommend that you go by the fact of breaking through the price of the level with activity in the depth. Goal: 0.9$
POLISUSD 'D' - Being Squeezed, Break Up or Down?There's not much time left in 2022 now, and there's an equally short amount of time left in this POLIS squeeze.
Historically the price has been higher but does that actually mean the price would break upward and revert to these higher prices? Or are we looking at a downward push to the recent lows? Crypto Tipster v2 has given us a good Short signal based on a combination of nearly 20 different technical analysis indicators working simultaneously. Time will tell..
Good Price Action Triangle in 1DTF! Trident.***The above is simple the price action formed in 1DTF.
>The Supports are numerous... They are 5 good supports!
>The Resistances are 4... The 4th resistance almost took the 3rd one indicates the bullishness in the trend!
>The Trident is Textile stock which has the scope of showing the good numbers in coming Quarters due to Christmas is also a point to
be considered.
>The good accumulation is what I can see now, may be to give a good Break Out.
>The the risk to reward is 2, do Swing Trade and trail the stoploss once the R:R is captured.
***Trade and comment if any doubts in analysis, Thanks!
NGAS - CHANGE OF FORMATIONNatural Gas - a topic of geopolitics, war, supply, demand, and speculation at very high and unexpected volatility. Can we observe the price to go back to the triangle tracks and complete that figure or look for a new pattern? Maybe a new BULLISH triangle, speculations call for bulls to feast, especially if winter is hard and the war continues, Bears also peek behind the corner for Russia doing some damage control and pulling back from that controversial conflict. One thing is certain, we see dramatic volatility that can be traded daily and with many turnovers. Can we see once again double digits like 2005 and 2008, all factors are in place.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Technical analysis for AVAXThe instrument has captured inside admirable and wide consolidation. Currently the volumes are low. The breakout depends on the market background and the BTC behavior. Watch the activity on the levels only after having previous 2 touches for both cases, namely long and short.
xtz analysis for short or trading rangewe have a strong demand, and price can't pass that
so, we got 2 scenarios:
n.1: break the triangle or flag and pullback than start falling to the strong supp and start point
n.2: make a trading range in this area
we have 2 Pin bars on the demand zone, if the price close under 1.00$ break and pullback so we have a nice short position for reach the 0.81$ target.
2 SCENARIOS ON EURSEKHello guys! Here we have 2 possible scenarios on EURSEK, but as trading si all about reacting correctly not predicting, we should firstly wait for a break in any direction, and only after that we can be looking for an entry at the retest. What do you think? I would consider a long position based on the other technical indicators, such as oscillators and moving averages. OANDA:EURSEK
GMTUSD passed the squeeze test , and should go up now#GMTUSDT
the pair passed the "squeez triangle" test upward on Wednesday...the price didn't rush up but it is moving up slowly.
it is expected to reach the 0.4 point in the opening ASIAN session this SATURDAY 03/12/2022 (arround 2-6 am).
also we can see it crossing to 0.42...but this is a RESISTANCE area (the light red area)...f it breaches it, we can go for long uptrend ride
#stay_safe
🔥Tip about BTC and The whole C-Market!!●We are at The same spot and same pattern In pretty much whole Market :
_Recently we were trading in The Triangle and It kind of broke down, Now I don't know exactly it's a pullback (IDT) or a false break or whatever, charts acting crazy lately..
▪︎Anyway, we are exactly in The very same Triangle we were couple days ago, and it's for altcoins too you can check.
🟡In The Bitcoin's case, we are right at The very important Trendline too! So If/when price breaks This trendline and The Triangle Together,
BTC having a Real #Pump is Very Likely,
And so The whole Market after It!
📎Just wanted to let you know and Heads up
Good Luck!
Next entry for Polygon (MATIC)I believe that price could temporarily break out of the triangle and make a bear trap at the 0.5 ~ 0.382 Fibonacci retracement.
The MATIC token is one of those that appreciated above average considering this bear market.
The DMI SMI indicator also signals this possible opportune moment to buy
The magic triangle of investingIdeal investment instrument = highest return, lowest risk, highest liquidity.
Risk and uncertainty are an integral part of investment projects and are an important component of investment decision-making. In fact, the connection of return, risk and liquidity represents the magic of the triangle . More precisely, their combination is the result of trying to achieve the best result on one vertex, which results in a loss on another vertex. For example, the best result on all three peaks cannot be achieved simultaneously.
This is the basic principle of how investing works. Also, it is popular as the "alpha and omega" of investing. It consists of return, risk and liquidity - three factors that you should take into account in every investment in the financial market.
Return
The return is one of the three peaks that influence the investor whether to buy the given asset or not. Under income, we include all earnings of an investment from the moment we put funds into it and it lasts until the time of the last possible income from this investment.
Most investors seek to maximize return, given the potential risk and liquidity. However, investment return isn’t guaranteed in most stocks. It is also necessary to distinguish between historical (ex post-was or could have been achieved) and expected return.
Liquidity
The term liquidity refers to the speed with which we are able to exchange our investments back into cash at the lowest possible transaction costs. However, the degree of liquidity depends mainly on the financial instrument itself and the nature of the market. In fact, it is reasonable to know the degree of liquidity, especially when investing. Investors look for goods that are highly liquid, so that in case of a sudden price reduction, they can sell the goods before the prices hit the bottom.
For some types of assets, their liquidity is determined by contractual conditions such as the period of deposit in term deposits. Yet with most financial instruments, the degree of liquidity of the given financial instrument is conditioned by the demand and supply for it.
In addition, there is an opinion that the rate of return corresponds to the risk. Different instruments – different degrees of liquidity – in different markets. Highly liquid are foreign exchange markets, financial derivatives markets, and government bonds. For example, the most liquid assets are shares, where there is no problem of converting them into cash on the stock market without major losses. On the one hand, the least liquid assets appear to be the real estate which, in certain cases can even become non monetizable . This means that they have minimal, close to zero, liquidity. On the other hand, the higher the profitability of the object and location, the higher the demand for them and thus also their liquidity.
Therefore, every investor should consider the composition of assets with different liquidity when compiling an investment portfolio. Also, they should mind the fact that they keep a certain part of the funds as a financial reserve, whether in the form of cash or highly liquid assets.
Risk
Risk is a synonym for a certain degree of uncertainty related to expected returns. In other words, risk appears as the investor's danger that they won’t achieve the expected return. So, the actual return will be different from the expected one in the future and thus there will be a deviation from the expectation. In addition, risk represents a quantity that is difficult to quantify, as it is influenced by several factors, or their combination. Anyone who wants to invest should determine the maximum level of risk that they are willing to bear and forward. If there is no such thing as the ONE perfect investment, then the logical conclusion is: don't put all your available capital into one and the same investment. Therefore, diversification is the magic word. Those who combine several types of investment spread their risk and fulfill each of the criteria of the magic triangle in the addition of all investments.
EURUSD SELL - Chart patterns | Technical AnalysisEURUSD has broken its bearish cycle and we are about to head into a strong general Bullish Trend.
As a day trader, The Daily, 4H, and 1H tend to be my go-to timeframes, and on these time frames, the market has broken to the upside, breaking through the trend, so a correction or retracement is imminent with the descending triangle acting as the pattern confirmation on the 4H.
The Formation of the BEARISH Triangle on the 4H timeframe shows the incoming of a Bearish short-time move for next week.
The PINBAR on the weekly time frame acts as a strong indicator for this to happen, I will watch out for the price action of the various support level that price might act on.
I will wait for a break and retest of price on the triangle to the downside to get into my sell come next week.