Hi all, An ascending triangle is classified as a continuation chart pattern. Continuation patterns are expected to lead to the continuation of an existing trend. While the ascending triangle is considered a bullish continuation pattern, exceptions are quite possible. It’s not infrequent to see it develop in downtrend conditions. Breakouts can also happen in both...
Hello Traders, A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels, exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated. The price will “test” the support and resistance levels several times before eventually breaking out....
Hi all, This is a very interesting pattern that we can take advantage off. Price is consolidating and a breakout may occur soon. Risk management is very important here. I never look at fundamentals. So, do your own homework. Thanks, The Coins of Charon
Hi all, This is a very interesting Pattern. We had the breakout and the price now is consolidating. It offers a good Risk reward opportunity. As always, do your own homework. Regards, The Coins of Charon
Hi all, Look at this chart. I do understand that the sentiment is bearish. But the RR is good. It is a long term consolidation. Just think about these scenarios on your trading. Thanks
Hello, Plan your entry. I see a bullish scenario. Thanks,
Hi, I am bullish on USDZAR. Plan your entry accordingly. Thanks,
Hi, I have a bullish long term approach on Silver. Thanks all
Hi all, Keep an eye on it. Plan your entry. Enjoy!
Hi all, Keep an eye on it. Plan your entry. Enjoy!
Hi all, Keep an eye on it. Plan your entry. Enjoy!
Hi all, Keep an eye on it. Plan your entry. Enjoy!
Hi all, Keep an eye on it. Plan your entry. Enjoy!
Hi all, Keep an eye on it. Plan your entry. Enjoy!
Hi all, Keep an eye on it. Plan your entry. Enjoy!
Hi all, Good RR. Enjoy!
Hi all, Keep an eye on it. Wait for consolidation and plan your entry. Enjoy!
Hi all, I like this candlestick pattern. Something to keep an eye on. Wait for consolidation. It might become a good opportunity. Enjoy!