TradeChartPatternsLikeThePros

TradeChartPatternsLikeThePros Updated 

NVDA has formed a cup and handle on its daily chart. The price is trading the Breakout: 286.95 ST: 265.29 Targets: 62%: 401.79 79%: 431.66 127%: 519.54 162%: 582.61

TradeChartPatternsLikeThePros Updated 

Hello traders and welcome! I hope you're all having a fantastic trading week. Today, let's take a closer look at CHFJPY on the 4-hour chart, as it's presenting a promising trading opportunity. On the 4-hour chart, we can observe the formation of a compelling 3 drives bearish pattern. Initially, the price seemed to ignore the bearish scenario, but subsequently, a...

TradeChartPatternsLikeThePros Updated 

Hello Traders and welcome! Let's delve into USDJPY, highlighting an exciting trading opportunity. The price has recently surged above the breakout point of 146.379, signaling a significant move within the ascending triangle pattern. This breakout sets the stage for promising trading opportunities. Targets for potential gains are as follows: 62%: 148.263 79%:...

TradeChartPatternsLikeThePros Updated 

Greetings Traders! Welcome aboard! Today, let's explore AUDUSD for an exciting trading opportunity. The upper trendline breakout stands at 0.67286, while the lower trendline breakout is at 0.66480. Notably, the price has recently broken below the lower trendline at 0.66480, suggesting a potential bearish scenario. Targets are determined by measuring the rectangle...

TradeChartPatternsLikeThePros Updated 

CADCHF is currently trading within a rectangular channel, marked by boundaries of support and resistance levels. The Upper Trend Line Breakout is at 0.68317, and the Lower Trend Line Breakout is at 0.64586. A break through the boundaries of these trendlines will validate the rectangular channel pattern.

TradeChartPatternsLikeThePros

Hello Traders! 🌟 Today, we're diving deep into an exciting analysis of the AUD/CAD pair. Get ready, as we unfold the story this chart is telling us across various timeframes! 📈🔍 📊 Weekly Chart: We've spotted a fascinating rectangular channel, indicating a consolidation phase. A key point here is the price rejection at the lower trendline (around 0.85627)....

TradeChartPatternsLikeThePros

🎄 Hello Traders, Merry Christmas and Happy New Year! 🎉 As we embrace the festive spirit, let's also dive into an exciting trading opportunity that's shaping up in the Forex market. 📚 Introduction to the Diamond Bottom Pattern: What is a Diamond Bottom? It's a unique and relatively rare chart formation that signals a potential bullish reversal. This pattern is...

TradeChartPatternsLikeThePros Updated 

Hello traders and welcome! Today, let's take a look at the AUD/CAD daily chart, presenting a promising trading opportunity. The price on its daily chart has formed a U-shaped price action structure, representing a Cup and Handle pattern. Currently, the price is trading below the breakout level, which is at 0.90567. Stops are set at 0.89678 to manage risk...

TradeChartPatternsLikeThePros

Hello traders and welcome! Let's have a look at EUR/AUD on its hourly chart, showcasing a potential trading opportunity. The price has formed a descending triangle, and it's currently trading near the trendline breakout level, which is at 1.62093. Targets are set to 1.60775. Happy trading! 📉✨

TradeChartPatternsLikeThePros Updated 

We all talk about the importance of trading psychology trade management, fundamental, are we short or long? I think above all this is to follow up. My first post about this idea was back in 17 dec 2022. Trading C&H Patterns for a decade and knowing how patterns react when certains levels are hit. XAUUSD is trading a cup and Handle Pattern currently at the 1833...

TradeChartPatternsLikeThePros

Hello traders and welcome. Today we are taking a look at gold, presenting a great trading opportunity. The price has formed an advanced harmonic pattern, specifically a crab bullish pattern, on its hourly chart. The price is currently trading above the long entry level at 1994.72. To manage risk, we place the stop below point 'D' at 1990.89. Target 1: 38% AD:...

TradeChartPatternsLikeThePros Updated 

Hello traders, and welcome! Today, let's take a look at gold, presenting a great trading opportunity. As usual, I have identified a pattern, this time a price action reversal pattern called a "V top." The price has broken below the breakout point at 2033.85, accompanied by a surge in volume, indicating increased market participation. Setting the stops above the...

TradeChartPatternsLikeThePros Updated 

William J. 0’Neil developed and popularized in the 1980s the Cup and Handle pattern. Cup and Handle patterns are continuation patterns, and they usually form in bullish trends. They also form in all markets and in all time-frames. The “Cup” formation is developed as consolidation phase during price rallies from the round bottom formation over multiple weeks to...

TradeChartPatternsLikeThePros Updated 

The AUD/JPY has formed a geometric diamond pattern on its daily chart. The price is currently trading above the MID level at 94.959 and is approaching the BREAKOUT point at 96.893. A clear breakout above the level of 96.893 could potentially lead to targets at 62%: 99.379 and 79%: 100.038.

TradeChartPatternsLikeThePros Updated 

The DE30 has completed an AB=CD pattern on its daily chart, and it's currently trading above the 14,942.5 level. The anticipated target for this pattern is 15,648.2.

TradeChartPatternsLikeThePros Updated 

Hello traders and welcome! Today, let's delve into EURJPY. The pair has formed an ascending triangle, and the current price is positioned above the breakout threshold at 159.754. Anticipated targets for this pattern extend into: Target Zone 1: - 38% at 162.931 - 62% at 164.918 - 79% at 166.284

TradeChartPatternsLikeThePros Updated 

Greetings, traders! Welcome to another analysis session where we're diving into a promising opportunity. Today, our focus is on a noteworthy asset that has broken above a significant level. Let's delve into the details: - **Breakout:** 123.26 - **Stops:** ST at 119.69 - **Targets:** - 62%: - 147.8%: - 154.59 Observing the chart, we can discern that the...

TradeChartPatternsLikeThePros Updated 

Today marks an exciting milestone as we unveil a captivating revelation within the realm of trading – the remarkable V Bottom pattern on the DXY chart. This discovery adds an exciting dimension to our already rich repository of trading insights, providing us with a deeper understanding of market dynamics. 📉 **The V Bottom Pattern: A Tale of Resilience and...