Trianglebreak
RAY/USDTRay has broken out of a desending triangel.
A desending triangel is a bearish pattern, but in this case ray made a bullish break out.
Ray was looking strong with a double bottom and a smaller double bottom at the end of the triangel, (within the second bottom)
The smaller double bottom got confirmed. this means it broke the triangle, and above the 200ma.
The big double bottom is now in play.
On the daliy chart RAY looks pretty good,
Stochastic RSI has confirmed bullish cross,
MACD is about to cross bullish aswell.
Idea is on chart. i already bought the break out, and now im looking for a retest around 10.250
XRP 20% descending triangle pattern🚀you can see that XRP forms a big descending triangle in 3 And 4 hour timeframe.
the price is already is in the middle of traingle, if the price breaks triangle at the end we can expect that price move At least 20% in both side.
Long target after breakout : 1.2600
Short target after breakout : 0.9600 or more dip
Visa Inc. (V) bullish scenario:The technical figure Triangle can be found in US company Visa Inc. (V) at daily chart. Visa Inc. is an American multinational financial services corporation. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards, and prepaid cards. Visa is one of the world's most valuable companies. The Triangle has broken through the resistance line on 16/10/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 19 days towards 240.18 USD. Your stop loss order according to experts should be placed at 218.63 USD if you decide to enter this position.
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.
Wells Fargo (WFC) bullish scenario:The technical figure Triangle can be found in US company Wells Fargo (WFC) at daily chart. Wells Fargo & Company is an American multinational financial services company. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board. The Triangle has broken through the resistance line on 16/10/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 15 days towards 49.96 USD. Your stop loss order according to experts should be placed at 44.83 USD if you decide to enter this position.
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.
Bitcoin Correction rangeBINANCE:BTCUSDT
If Bitcoin intends to modify according
Range to the previous ceiling that collided with it inside the triangle
Correction is 53,000 if it falls from this area
Wait until the price reaches the ceiling of the Pulbeck triangle again
And then decide on the process