VERTEXCHARTS | EURUSD TRADE IDEAEURSUD on the 4Hr timeframe has broken the descending triangle.
The pair is now falling from the breakout toward 1.6036 support line
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Descending Triangle
NZDJPY bearish scenario:In this pair, technical analysis shows a technical figure Descending Triangle. The Descending Triangle has broken through the support line on 20/08/2021. NZDJPY forming a bearish formation on a daily chart . If the price holds below this level we will have a possible bearish price movement with a forecast for the next 42 days with a target of 73.47. If you decide to enter this position, experts say your stop-loss order should be placed at 77.94.
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GBP/USD Technical AnalysisFollowing the payroll news on 06.08.2021 the US currency has gone bullish. Descending triangle formed on GU and broke and retested the neckline. Expect price to fall minimum to the 1.37700 area.
Cardano analysis in 2H time frame * Cardano in 2H time frame forms Descending triangle pattern, with it's resistance as above trend-line and it's support near $2.0550.
* Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the breakout.
* If the price breaks the either side of the pattern it will give a good momentum till the given targets.
QTUM in descending triangleLooks like QTUM is forming a big descending triangle last few days... Big figure = BIG MOVE, so it can be worth watching it... COULD BE GOOD FOR SOME IN-RANGE TRADING ALSO...
Descending Triangle on ADAUSDTPERP BinanceThere a descending triangle pattern on 1H TF ADAUSDT, still waiting for break to confirm the pattern.
VERTEXCHARTS | AUDNZD TRADE IDEAAUDNZD hits the exact support of the descending triangle in the daily timeframe chart.
The pair is growing to the minor resistance at 1.055 and the resistance line of the descending triangle.
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XRP Ascending to Descending TrianglesXRP Ascending to Descending Triangles... Only a matter of time lol
HERO MOTOCORP as on 14.08.2021A DESCENDING TRIANGLE PATTERN FORMED!!
LET SEE WHERE IT WILL GIVE A BREAKOUT!!
If breaks up then can give a good high!!
If breaks down can make a down fall!!
HAMMER ALSO FORMED 2 DAYS BACK WITH NO CONFIRMATION CANDLE!!
DO CHECK THE BREAKOUT VOLUME!!
(ABOVE analysis is only for study purpose do not take it as any buy or sell call)
Descending triangle. ETH BTC LINKDescending triangle. ETH BTC LINK be careful. take profits. Prepare for a retest.
Uniswap UNIUSD -1000% is near, Elliott wave + Triangle!- UniSwap looks very strong on the daily / weekly timeframe.
- On the chart we can spot an ABCDE triangle, that is currently breaking out!
- Due to my Elliott wave count, i am expecting next Impulse wave to the upside, which will be huge!
- Next profit target is 1:1 FIB trend-based fib extension.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Crude Oil Forecast: Descending Triangle Takes Shape. Now What?WTI crude oil prices have been consolidating with a slight downward bias within a Descending Triangle chart pattern.
A breakout above the pattern could be a signal that the prior uptrend may resume towards the 78.6% Fibonacci extension at 80.57 .
Still, a bearish ' Death Cross ' between the 20- and 50-day SMAs offers a near-term downward bias.
The floor of the triangle seems to be between 65.10 and 66.39. A downside breakout would likely need confirmation. In such a case, keep a close eye on the 200-day SMA which may reinstate the dominant upside focus.
TVC:USOIL
Bitcoin BTCUSD - Road to 300 000 USD! + SECRET grail!- This is a truly secret grail for bitcoin!
- On the weekly chart we can spot an Impulse Elliott Wave, which is currently in progress!
- The trade provide us with a Risk to reward ratio of 15.
- Start of the bull market 13th March 2020 - 3 850 USD.
- End of the bull market December 2021 - ~300 000 USD (or top of the channel - can be much more).
- Be prepared for the greatest pump very soon and load some BTC!
- If you do not want to use leverage - buy a Leveraged Token BTCUP!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
New Trader: Charting patternsWhat do you see? I see a Rising wedge, and descending triangle on 4h. I also see a triple top and head and shoulder.
Uniswap UNIUSDT - Breaking out! Triangle + Elliott Wave- UniSwap is looking very strong on the daily / weekly timeframe.
- On the chart we can spot a ABCDE triangle, that is currently breaking out!
- Due to my Elliott wave count, i am expecting one more Impulse wave to the upside.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Hiaptek to explodeHiaptek has been looking to break out from a descneding triangle for some time now and it seems it is nearly there. Covid scares and political turmoil has slowed this stock down (as shown by decreasing volume), but looking at how the price action is hugging the descending trendline you can see the stock wants to go higher. This would be further backed up by the rapid increase vaccination rate within Malaysia recently, hopefully the construction sector will begin again soon and this will further fuel the stock price increase.
Target price = 0.760
(Set sell order 0.755)
NSE : KOTAKBANK - KOTAK MAHINDRA BANKChart is self explanatory.
Comment if in doubts.
Good bank, but bearish short term.
Technical trade setup.
is the Crash of DOGE really happening?Hi every one
DOGECOIN / TETHERUS
DOGE/USDT has Formed a Descending Triangle right now and as you can see there is a Hidden Bearish Divergence On MACD as well. so this Means The Fall of DOGE is more likely to happen! But this pattern has not been broken yet so there is no confirmation! after the Break out we can Make a decision. IF the break out happens the price can reach 0.055.
-DOGE is in a Descending Triangle( Bearish pattern)
-(-HD) on MACD
-No break out ,No confirmations
-Strong support at 0.055
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Was never a bull flag since Memorial Day....$AMC #AMC
It was never forming to be a bull flag...or if it was, it broke structure to the downside. What has appeared is a descending wedge, which is often a bullish formation.
It is currently slated to come to an end around the announced earnings date, August 9th. Anything is possible with this stock, but I'm hoping this will be the long awaited breakout (to the upside).
Bitcoin Analyze (Daily Timeframe & Road map)!!!🗺️Hi traders, Today, I want to analyze Bitcoin at Daily timeframe , maybe it can be useful for our Road map 🗺️🧐.
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰
Bitcoin is playing on Descending Triangle from 27 Jan 2021 until now (about 184 days 🌅), we won and lost money on this Triangle (I hope that you WON lots of money💵).
I was able to find 3 points (A & B & C) of our Descending Triangle and now we have to try to find others ( D & E ). our Descending Triangle has 2 important lines (A & B ). important line (B) is our downtrend and important line (A) made the lower line of our Triangle . When the price has reached these lines, it has moved to DOWN or UP .
Live : Now price is near important line (B) & TRZ (Time Reversal Zone) & Point D of Bearish AB = CD Harmonic Pattern , So I am expecting that the price starts to react again on this zone, and decrease until the important line (A) ( Point D of Descending Triangle ), then the price will go UP again it makes Point E for us. Point E will be a Critical Point because the price can move UP or Down from Point E .
Resistance Zone : 42450$ until 40822$ (Monthly Resistance 1+ Fib Cluster )
MACD : We have Hidden Divergence(HD-) between Price and MACD until now.👇https://www.tradingview.com/x/GIpZlzQy/
RSI : RSI is seeing Heavy Resistances in front of itself + RSI is on overbought too.👇https://www.tradingview.com/x/qAiRTg0J/
Stoch RSI : Stoch RSI is on Heavy Resistance .👇https://www.tradingview.com/x/q8h1gU1R/
My Suggestion : if you find Triggers for opening Short Positions , you can open them & if the price can break(Trusty) our Important line (B) , we can buy Coins for Midterm and Long-term investment ( Over 43399$ will be a good zone).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
CAKE it or brake it...Descending triangle on 30mins chart ... shouldn't be a long wait to see the outcome... It has a big resistance overhead, so it could get rekt once again...
