Breaking the triangle and the type of company and the services it offers indicate its long position . NASDAQ:ZM
The triangle pattern is evident in Bitcoin , BNB and Ethereum .
In the Fibonacci retracement areas (0.38 / 0.5 / 0.618) we are waiting for the reaction to enter the long trade. Of course, before entering the trade, take a look at the fundamental data of this stock . If the area of 0.786 is touched, we have to wait for the previous highest high to break to enter the trade! NASDAQ:PTON
The price is placed in a triangle pattern and if it crosses the triangle and the marked yellow lines, it becomes a position long or short .The triangle pattern is a corrective pattern and the reason for its formation is the existence of ambiguity in the market and sometimes it can move in the opposite direction of the previous trend. So we wait for the triangle...
at the same with the breaking of the bold white trend line(dash line) and the stabilization of the price below this line and the registration of the new Low, we are witnessing a down trend . If the price can not be stabilized above the yellow horizontal line (1.221705), it creates the lowest low and can reach the targets (1.21546 / 1.21376 / 1.2190 / 1.20841 /...