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Buy GBPCAD Triangle PatternFactors Strengthening GBP: Hawkish BoE: Recent hawkish comments from Bank of England (BoE) officials regarding potential interest rate hikes to combat inflation have bolstered the Pound. This has increased its attractiveness compared to the Canadian Dollar. Optimism on UK economy: Despite ongoing Brexit negotiations, positive economic data releases like higher-than-expected GDP growth and retail sales figures paint a picture of a resilient UK economy. This fuels investor confidence in the Pound. Price breaks the Pattern now, its good chance to buy now. Thank you.
Long
by KABHI_TA_TRADING
2
XAUUSD H4 Triangle PatternEconomic Data: US Non-Farm Payrolls (NFP): Released on Friday, January 6th, the NFP report showed stronger-than-expected job growth, potentially raising concerns about inflation and future interest rate hikes. This could push investors towards the safe-haven gold, providing it with some support. US Consumer Price Index (CPI) (Jan 11, 2024): Inflation remains a key concern, and a higher-than-expected CPI could boost the dollar and put downward pressure on gold. Geopolitical Events: Tensions between Russia and Ukraine: The ongoing conflict in Eastern Europe continues to be a source of uncertainty for financial markets. Any escalation in tensions could lead to a flight to safety and boost gold prices. Weekly Forecast (Jan 8 to Jan 12) : XAU/USD - H4 Chart - Triangle Formation Price must need to break Triangle and Retest, then only able to take Entry. Always wait for strong Conformation in Short term for entry. 👈👈👈 If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never wrong, but opinions often are.”-Jesse Livermore Good Luck💛💛
OANDA:XAUUSDShort
by KABHI_TA_TRADING
17
15 years breakout#RCE • monthly chart analysis • budget session: this stock is in focus • breakout 2008 high level • 15-year breakout in chart • 2008 volume build-in chart but global crisis hit stock badly • ascending triangle pattern breakout • 2022-2023: massive volume in chart • this volume helps to breakout chart 🐂 • Target and Stop losses mentioned in chart • we never recommend buying and sell any charts and this stock is also • More, please check the chart all mentions in that
NSE:RCFLong
by investigationofchart
GBP/AUD ↖️ Long Trade Setup ↖️Hello Everyone 🙋🏽‍♂️ Triangle Pattern 💲 Entry Point : 1.90228 🟢 TP 1.90920 🔴 SL 1.89887 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Long
by EMA_Trading
AUD/CHF ↘️ Short Trade setup ↘️Hello Everyone 🙋🏽‍♂️ Triangle analysis 💲 Entry Point : 0.57655 🟢 TP 0.56851 🔴 SL 0.58053 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by EMA_Trading
SOL/USDT Trading ScenariosWe are considering two scenarios for the SOL/USDT pair. After reaching the $68 level, the asset's price dropped to $51.08. At this point, there was a successful test of a strong inclined support level, followed by a confident rebound. Currently, due to the decline, an inclined resistance level has formed. First Scenario: Upon the third approach to the inclined resistance level and price consolidation below it, there is a possibility of entering a long position. The potential target is $60, with a second target set at $68. Second Scenario: If the decline continues and the price consolidates near the inclined support level, followed by a break above it and reaching $47.5 with a solid rebound and confirmation above $47.5 on high trading volume, there is consideration for entering a long position within this price range. The growth potential is estimated up to $60.
Long
by Rick_SimpleSwap
Nestle India shows a Ascending triangle formation.This stock had previously bounced off with good volumes from the constant upward rising demand zone and it has done the same from the same zone on Tuesday's trading session. 24000 is a good support area for the stock and the reversal point of 23883 is an important low to be considered if the current uptrend is to be held. On the upside the 24500 zone is the resistance level that is keeping the stock from reaching the 25000 mark. If the stock surpasses 24500 then 25000 should be a smooth ride. CMP 24040 SL 23850 Target 25000
NSE:NESTLEINDLong
by neeraj_2_sharma
Litecoin (LTC): Multiple Selloffs = Potential Downward MovementRecent price movement that has not been able to break above the downward-sloping resistance (upper side of triangle formation) line or fall below the local support area (lower side of triangle formation) shows that markets are getting weaker! Recent trading sessions have been characterized by multiple sell-offs, suggesting that bears may be gaining strength. However, the lack of a clear break below support keeps the door open for potential reversals. We are looking for a possible break below the support zone around $68.71, which could confirm a bearish movement and initiate a move towards lower support levels, potentially around the $60.50 area. Conversely, if bulls manage to push the price above the resistance line, it could overturn the bearish scenario and potentially lead to a test of higher resistance levels.
Short
by SwallowAcademy
5
LINK/USDT Long Trade Setup ⬆️ Hello Everyone 🙋🏽‍♂️ Downtrend 🟠 EP 13.745 🔴 SL 13.182 🟢 TP1 14.325 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 14.870 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 15.435 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Long
by UnknownUnicorn60802882
8
TRXUSDT Weekly TimeframeHello, Hope you all doing well well ! Lets analyse the TRX on Weekly timeframe for a long term investment. :) It seems that price is making a triangle with 5 waves ABCDE. According to "fib time zone" tool, we have a important time on august 2022 that it can be the end of E wave. ( last wave ). Then price will increase to the targets which I marked on the chart. Don't forget the TRX burning inception. Be aware of token burning as well. It can help a lot in the market cap. 3/23/2022 **This analysis is not an incentive to buy or sell and is purely educational.**
Long
by sahandm99
AUD/USD ↗️ Long Trade Setup ↗️ Hello Everyone 🙋🏽‍♂️ 🔴 0.63080 🟢 0.63790 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
Long
by EMA_Trading
4