Some new artwork on BTC, an idea - forming an asymmetrical continuation trend; RSI looks like it could be gaining steam, possibly bullish due to halving and possibly supply decline can drive further momentum, at the moment no evidence of meanginful volume increase or decrease to indicate a movement in either direction, although slightly slanting to 4 degrees to...
Telecom Industry stocks hit the wall of Market Saturation some time ago. NASDAQ:TMUS has a pattern that indicates a controlled selling mode of larger lots before the earnings report. There has been more volume to the downside and money is flowing out of the stock while the price action develops a narrow sideways range. Risk for a breakout to the downside is high.
Anyone finding interesting setups in small caps this earnings season? These often have more reliable patterns for swing trading. Since they are largely under the radar of the retail crowd, institutional patterns can be clearer. NASDAQ:CERE is an example of a stock coming up in TechniTrader scans today. It has 88% institutional holdings. A compression pattern...
I expect disagreements. Looked at my demand and supply zones.
Entered a short position on AUDNZD after eyeballing test, retest, and rejection of price around the 1.11750 area. Price is currently trading below the weekly pivot, however it has been ranging into this asymmetrical triangle pattern. The system I traditionally follow did not print an EWT (Entry-with-trigger), but I am getting some divergence along with CCI...
Gold : Asymmetric Triangle Formation and possible breakout to either side, one can wait for the breakout before initiating any trade in gold, Once the breakout is confirmed then you can make your move to one side. Normally such type of chart formation false breakout also occurs so be-aware of the false breakout , it is always better you wait for the first...
Once again, the magical Fibonacci retracement occured... Indeed, yesterday, the BTC filled its 50% Fibonacci retracement @ 40'340 (which is also by the way the KS and the 21 DMA ! (intraday being slightly higher @ 40'387) Currently in a SYMETRICAL TRIANGLE IN PROGRESS . BREAKOUT IMPLICATIONS COULD TRIGGER A MOVE OF + / - 3'099 pts !!! TARGETING RESPECTIVELY...
NOTE: chart pattern's lines are drawn according to 4h chart but in order to show better the pattern I chose the daily one. UMA had recently broke out from a falling wedge, created a new HL and was on a promising trend, also I had noticed a Cup&handle which was working out well. However in this market were people (and bots) sell when BTC goes down all it takes to...
If we test the top we will be BULLISH and target will lay around .56 & .65
Asymmetric triangle breakout. Buy after breakout around Rs107 with a target of Rs.125 and stop-loss of Rs.95. (Risk/Reward ratio of 1.5)
After seeing a huge push to the upside, we are now seeing this pair accumulating before making another push. Trade the breakout!
Be careful tho, the market is still very unstable. use a small lot. Please hit Like & Follow to support more analysis. You can also comment to share your bias.
After an amazing run more than doubling it's price, BINANCE:GOBTC has been making an asymmetrical triangle for the past week, which is looking quite good at the moment, will probably wait for another touch at the bottom before entering so we can have a safer position, buying on a retest of the breakout would be the other way we can approach this. Entry:...
QCOM is developing an Asymmetrical Triangle on the intermediate-term trend. The stock still faces previous yearly high‘s resistance.
AVGO is slowly working to complete the Asymmetrical Triangle candlestick pattern that started in June.