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Tripletop

Triangle Pattern formation in 1 WTF!***Took the position in the stock today!, with same RRR(Risk Reward Ratio) >The simple triangle pattern nothing much as you can see. >The reason I took position is because of the stock's behavior towards EMA's (20EMA,50EMA) which is the important factor of my analysis behind this. > The way the pattern respecting both EMA's is good . >Good formation of the Triangle is also another factor in this volatile market conditions! > Nifty Mid-Cap 150 fell by over 3% today but this stock sustained it smoothly today and ended the day in positive note, this is the representation of strength in the stock. >The MCAP is 12800cr with a decent financials. Let's watch how it will react to the present 'Volatility' ! Happy Trading Mates!!!
NSE:CGCLLong
by AxionAjay
I never thought I would see a Triple Top on Apple. Is it true ?Knowing how the market is currently doing. How much longer will Apple be able to multiple earnings for investors ? Will inflation make IPhone users more likely to hold on to their 11's and 12's? I believe there is a relaxation point in Apples near future. Maybe it's not Apple it's just the rest of the market. They have a strong hold on data and the phone market and maybe soon enough they make a car or something idk. I'm a bear with Biden for the most part in the near future.
NASDAQ:AAPLShort
by BamaGapster
2
USD/CAD: Possible triple top ; updateU.S. Dollar/Canadian Dollar forming a possible triple top in formation that we could to take advantage to short, unfortunately, the price doesn't climb as I expect and maybe the price acton it's speaking that there're a weak in the price of bull and bear. We're in the descending channel, and this pull back it's look manipulated and false to climb, I'm shorting USD/CAD now in the $1.2851 CAD, SL to $1.2896 CAD, and my target to $1.2745 CAD. H4 timeframe look bearish and very weak in the price action, what we could to see a bearish movement in USD. I hope that this idea support you!!! Good luck!!!
Short
by harisonhbn9718
1
2X EJ 4HR Tech. Analysis!EURJPY is breaking out of a triangle on the MONTHLY. Price tested the break out area @133.250 on the (DAILY) & shot back up & to resistance @142.700 area. This seems to be a strong level of resistance due to the multiple failed attempts to break it. On the WKLY price formed a Inverse Hook pattern after it broke out, which explains the break/retest on the DAILY. IF price bounces off support area @137.900 area then we will see price consolidate until another breakout! The Long-Term trend is BULLISH. The Short-Term trend is Bearish.
by twotimezinvestments
BTC SHORT Scalping Hi Everyone *Triple top pattern possible move to the downside Going short! ALWAYS look for extra confirmation before making any trade. Happy trading people (No financial advice) DISCLAIMER The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research DYOR. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
Short
by CryptoTraderRetired
GBPJPY on a triple top 🦐GBPJPY on the daily chart is trading near to the recent highs. The price after a 3rd rejection by the resistance structure dropped.to the 163 area and might move below it within this week. How can i approach this scenario? I will wait for the EU market open and search for a break of the support. In that case, i ll be looking for the Plancton's strategy to set a nice short order. ----- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
4