We could see that the price is in the corner of the triangle. I think after about 2 or 3 fluctuation, the price will jump up to the 2.01 range
Hello everyone! Here is my view on GBPAUD. Looks like the triangle pattern is not completed yet, and another uptrend to areas near $2 is possible. There is a strong resistance at 1.84300, upon closing above that level the bullish will continue.
While the daily chart remains neutral, on lower timeframes the sentiment is Bearish. Here we can spot a couple of signals that give credence to this bias: - The formation and execution of a Running Triangle (white ABCDE Triangle Wave). - Bearish hidden divergence on the RSI and MACD (yellow lines). - The EMA 10 (baby blue) and MA 20 (yellow) crossing the MA 50...
Weekly TF on XLM looks as if 5 waves have completed after the 2018 bear market. I am waiting for more PA to understand where we are in this current move.
One can think of purchasing Naukri at current levels and has to accumulate it till 4200 levels. As it price action is in triangle formation seen in the attachment image. Once breakout is confirm it can go back to previous highs in next 3 months time. So, one can initiate a buy with sl of 4050.
The price created a double top on the daily timeframe. Ant the moment the price is forming a triangle. Matic is under the lent thanks to Polygon and DeFi. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
We could see price rotate upwards after broken above the recent patterns. To me it looks like falling wedge just like USDCHF pairs. For a fan of elliott wave it is a triangle wave-4. We will see price rotate towards 1.3200 area to complete wave-5. Buy GBPCHF 1.2690 Stop loss 1.2570 Take profit 1.3200 (4.25R) Use only 1-2% risk Good luck
triangle wave for the win - abcde pattern
I could see some complex correction like this playing out for Vet
Picture perfect ABCDE pattern, also known as triangle. Im short down to 19-20 .
and know the correction wave is completely clear. the price is near to one of wave four cluster. according to my last bitcoin analysis i am waiting for bitcoin in a price cluster 44000-41000$ or if the correction become deeper I'm waiting for 35000$ or over 31000$. you can see my ex analysis about bitcoin and bitcoin price targets in my profile.
PancakeSwap ( CAKEUSD ) - 1HR - BUY SIGNAL above $40.51 | Source - Trend lines & Triangle Pattern | Risk : Reward - 1 : 3 | Get Ready to Dive with Bull Run.
The price retested the previous weekly resistance as new support, and now the price is testing the 4h resistance. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
The price is creating a triangle below the weekly structure. IF the price will have a breakout and the price will flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
USDJPY has a confirmed descending triangle setup, I will be waiting for a retest on the trendline for a trend trading and trend following trading opportunity. A break and close above the trendline will invalid the trade.