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Trianglepattren

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
Tesla - Possibility Of A BreakoutNASDAQ:TSLA can break out soon: Over the past two weeks we saw an incredible stock market rally and also Tesla completely reversed the flash crash which we saw in the beginning of August. It is still quite possible that Tesla will break out of the long term triangle and immediately head back to the previous highs. Levels to watch: $230, $400 Click chart above to see the detailed analysis👆🏻 Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
ORCHPHARMA Giving a Strong BreakOutOrchid Pharma Ltd. engages in the development, manufacture, and marketing of diverse bulk actives, formulations, and nutraceuticals. Its products include cardiovascular, anti-diabetic, neuropsychiatry, nutritional supplements, cephalosporins-orals, cephalosporins-injectables, veterinary products, and non-antibiotics. The company was founded by Kailasam Raghavendra Rao on July 1, 1992, and is headquartered in Chennai, India. Can Keep Stop_Loss - 1,400 Target_1 - 1,625 Target_2 - Trail With 20-EMA
NSE:ORCHPHARMALong
by Akshaytrader007
COIN short to $150?!While we wait to see this larger triangle (in white) play out, I see an interesting potential short on Coinbase. It looks to me that despite an arguable crypto bull market, Coinbase might need to retrace and set some new bullish technical structure -- perhaps an inverse head and shoulders, or bull flag -- before moving up later this year. Momentum indicators also suggest a bearish turn is on the horizon. I've marked my TP zone in cyan and plan to take some off the table almost immediately if we get an impulsive move down. Important caveat: I recognize that we've been trading in a parallel channel (yellow) for about 150 days, which might imply a bounce. In the medium term, I also think NASDAQ:COIN is likely to break this white triangle bullishly, rallying with a broader move up in the crypto markets.
NASDAQ:COINShort
by dawsonMoonshot
1
pepe → tiny correctionhello guys! Chart Overview: - after the price made a symmetrical triangle, it broke the top line - it is forming a range or rectangle right now! Trend Analysis: - Pepe is in compression now - we can consider an upcoming downward! Price Patterns: - There are two potential correction zones within the rising trend: 1. Around the $0.0000107 level. 2. Between 0.0000099 and $0.0000094. Bullish Trend Confirmation: - if the range area breaks down it will confirm the downward movement ✎Actionable Insights: - you can take a risk and enter the short position right now and put two previous area as a target! - or you can wait until the range breaks down then get a short position until the blue area will be touched! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
14
Gold Dominance in age of fiscal dominance Gold price made triple bottom at 1620 two years ago since than gold flying on daily chart Rich people and central bank gold buying because us fiscal policy is dominating fed monetary policy. One of the biggest reasons economists forecast of recession has been proven wrong constantly. If USA doesn’t stop its government spending and fed easy money policy aka fed put Than dollar collapse can drive gold price much higher longer term Or if things reverse soon or after election than gold can stop going up too
FXOPEN:XAUUSDShort
by Sangam-Agarwal
SWING IDEA - INDRAPRASTHA GAS (IGL)Consider a compelling swing trade opportunity in Indraprastha Gas Limited (IGL) , a leading natural gas distribution company in India. Reasons are listed below : Attempt to Break Triangle Pattern : IGL is attempting to break out of a triangle pattern, indicating a potential shift in market sentiment and the beginning of a new trend. Bullish Marubozu on Daily Timeframe : The presence of a bullish Marubozu candlestick pattern on the daily timeframe signals strong buying momentum and potential upward movement. Broke Consolidation of 5 Months : IGL has broken out of a consolidation phase lasting 5 months, suggesting a breakout from range-bound trading and potential sustained upward movement. 50 and 200 EMA Support on Weekly Timeframe : The stock finds support at both the 50 and 200 Exponential Moving Averages (EMA) on the weekly timeframe, indicating bullish momentum and potential for trend continuation. Constant Higher Highs : IGL consistently forms higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains. Target - 515 // 585 Stoploss - weekly close below 394 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:IGLLong
by Visionary_Growth_Insights
Sell GBP/USD Triangle FormationThe 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 1.2970. Target Levels: 1st Support – 1.2910 2nd Support – 1.2874 Stop-Loss: To manage risk, place a stop-loss order above 1.2997. This helps limit potential losses if the price falls back unexpectedly. Thank you.
Short
by KABHI_TA_TRADING
1
ENGINERSIN giving a good BreakoutEngineers India Ltd. engages in providing engineering, technical, and consultancy services. The firm operates through the following segments: Consultancy & Engineering Projects and Turnkey Projects. The company was founded on March 15, 1965 and is headquartered in New Delhi, India. Stop-Loss: 268 Target: 350 Consider exiting half your position after a 10-12% gain and hold the rest to capture the trend. Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a professional advisor before making any investment decisions.
NSE:ENGINERSINLong
by Akshaytrader007