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Triangle

BUY GBP VS JPY Triangle BreakoutThe GBP vs JPY pair on the M30 Timeframe presents a potential Buying oppurtunity due to a recent breakout from a triangle pattern This suggest a shift in momentum towards the upside and higher likehood of further advances in the coming the hour POSSIBLE LONG TRADE First Resistance 199 Second Resistance 200 Stoploss To manage risk place a stoploss order below support zone This helps limit potential losses if the price falls back unexpectedly Your likes and comments are incedibly motvitation and will encourage me to more analysis with you
Long
by GoldMarketKiller
ETH/BTC Weekly - Ascending Trendline Support and Potential RebouThe ETH/BTC weekly chart shows a strong ascending trendline acting as long-term support. ETH/BTC is currently near this support level, where it has historically shown bullish reactions. The recent drop to the trendline suggests a potential bounce, with a green arrow indicating the possible upward trajectory if the trendline holds. I'm personally considering this level for a potential long position, with a target near 0.08 BTC, aligning with prior resistance. However, if the price closes below the trendline on the weekly chart, I’ll reevaluate this setup for further downside possibilities. This is my personal trade setup and not financial advice
Long
by CryptoTraces
FNMA Monthly BreakoutFull disclosure, I've owned this stock from 2011 and already pulled my original money out and also scaled back in again over time Has had a multi year triangle building for years, and broke out of this and closed outside of this at a daily level in the last 12 hours A trump victory puts the release from government conservativeship back on the table again which is a solid catalyst... One worth watching... as I think this is about to rocket based on my 15 years of watching it
OTC:FNMALong
by dionvuletich
Central Depository Services (I) Long positionCentral Depository Services (I) Ltd Daily Chart Analysis This daily chart of Central Depository Services (I) Ltd (CDSL) reveals key market movements and a clear ascending trendline support that has provided a strong base for the stock’s recent upward movement. Key Observations: 1.Ascending Triangle Pattern: The chart shows an ascending triangle pattern, characterized by higher lows connecting through a rising trendline and a relatively horizontal resistance zone near ₹1,660.20 - ₹1,664.40. This pattern typically suggests a continuation of the existing uptrend with a potential breakout. 2.EMA Levels: The stock price is above the 13, 48, and 200 EMA levels, which supports the bullish sentiment. The moving averages act as a dynamic support zone, indicating strong buying momentum. 3.Volume Trends: The volume shows periodic spikes, suggesting accumulation. A volume surge during an upward breakout above ₹1,660 - ₹1,664 could confirm the strength of the breakout. 4.Resistance and Support Zones: • Resistance: The key resistance levels to watch are around ₹1,660.20 and ₹1,664.40. If the price breaks out above these levels with strong volume, it could lead to a significant upward move. • Support: The immediate support level lies at ₹1,560.55, aligned with the ascending triangle’s support trendline. A break below this level may result in a corrective phase or consolidation around ₹1,486.65. 5.RSI Indicator: The RSI is around 58.93, indicating bullish momentum but not yet in overbought territory. A move above 60 would further strengthen the bullish sentiment. Potential Scenarios: • Bullish Scenario: A sustained breakout above ₹1,664 with strong volume may push the stock toward higher resistance zones, potentially targeting ₹1,750 and beyond. • Bearish Scenario: A failure to break above the resistance levels and a drop below ₹1,560 could lead to a pullback toward the support levels around ₹1,486. Impact of US Elections: The outcome of the US elections can influence global market sentiments, including Indian equities. A favorable or market-friendly outcome (e.g., policies encouraging global trade, fiscal stimulus, or economic stability) could trigger bullish momentum in international markets, including CDSL, especially if investor sentiment turns risk-on. Conversely, market uncertainties or potential negative impacts on global trade and investments could weigh down sentiment, causing increased volatility and possibly stalling upward momentum for stocks like CDSL. Summary: CDSL is currently showing a bullish pattern with an ascending triangle. The upcoming breakout or rejection from the resistance levels will likely set the direction for the stock. Traders should monitor volume, price action, and global macroeconomic influences, including the US election outcomes, to gauge market sentiment accurately. Disclaimer: This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a financial advisor before making any trading or investment decisions.
NSE:CDSLLong
by tintinhawk
$QQQ: The election is over, here is where the markets are going NASDAQ:QQQ NASDAQ:NDX The charts say we are in a FULL on BULL RUN! Cup n Handle Measure Move hasn't hit yet at $560, the measure time is out until Feb2026. Ascending Triangle Breakout is happening now with a measure move to $580 by March2025. Also, a #HIGHFIVESETUP and why I pointed out that we would bounce on Halloween and hit ATH's this week. Like and Follow for more setups, we are just getting started. NFA #trading
NASDAQ:QQQLong
by RonnieV29
SHIB/USDT: BREAKOUT ALERT! LONG TRADE SETUP!!Hey everyone! If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates! SHIB is looking strong! It’s broken out of the symmetrical triangle on the 4-hour time frame, with a successful retest. Consider a long at the current price, adding more on dips. Entry range: Current Price (CMP) and up to $0.0183 Targets: $0.0209 / $0.0224 / $0.0245 / $0.0262 Stop Loss: $0.0174 Leverage: Low leverage (Max 5x) What’s your take on SHIB’s price action? I’m seeing a solid bullish setup here! Share your insights and analysis in the comments below!
1Long
by CoreCrypto1
Technical Analysis of MODEFENCE ETFOverview of the Stock and Recent Price Action The MODEFENCE ETF, listed on the NSE, has shown notable price movements over the past few months. The 4-hour chart reveals a descending triangle pattern, indicating a potential bearish continuation or a bullish reversal if the price breaks above the upper trendline2. Step-by-Step Analysis 1. Trendlines and Channels Descending Triangle: The upper trendline connects the lower highs, while the lower trendline connects the recent lows. This pattern typically signals a bearish continuation but can also indicate a bullish reversal if the price breaks above the upper trendline2. Harmonic Pattern: A Gartley pattern is drawn on the chart, with points A, B, C, and D marked. The ratios between these points are: AB = 0.976 BC = 1.726 CD = 2.4 AD = 0.549 2. Volume Analysis Volume Spikes: There is a noticeable spike in volume towards the right side of the chart, suggesting increased interest and potential momentum. 3. Price Information Current Price: 70.72 INR, with a change of +1.52 (+2.20%). 4. Indicators and Events Earnings Announcements: Key earnings dates can significantly impact price movements. Dividend Payments: Dividend events can also influence stock prices, especially around announcement dates. Potential Price Movement Bullish Scenario Entry Point: A break above the upper trendline (around 72 INR) with strong volume could signal a bullish reversal. Stop Loss: Below the lower trendline (around 68 INR) to manage risk. Profit Target: The next resistance levels at 74 INR and 78 INR. Bearish Scenario Entry Point: A break below the lower trendline (around 68 INR) with strong volume could indicate further declines. Stop Loss: Above recent highs to avoid false breakdowns. Profit Target: The next support levels at 64 INR and 60 INR. Conclusion The MODEFENCE ETF shows a descending triangle pattern and a bullish Gartley harmonic pattern. The recent spike in volume suggests a significant move is likely2. Traders should watch for a breakout above the upper trendline for a bullish signal or a breakdown below the lower trendline for a bearish signal. Proper risk management with stop-loss orders is essential to protect against adverse price movements.
NSE:MODEFENCE
by stocktechbot
PAYTM Ascending triangle PatternPaytm Daily Chart Analysis This daily chart of ONE 97 Communications Ltd (Paytm) shows a strong uptrend with prices consistently following an ascending trendline, forming a triangle pattern with higher lows. The stock is currently testing the resistance zone around ₹780 - ₹790, which aligns with previous rejections. Key Observations: 1. Triangle Pattern Formation: A triangle pattern is forming as the price consolidates within narrowing boundaries, indicating a possible breakout soon. The lower trendline has acted as strong support throughout this rally. 2. EMA Support: The price is trading above the 13, 48, and 200 EMA levels, signaling a bullish sentiment. These EMAs have provided reliable support, reinforcing the ongoing uptrend. 3. Volume Analysis: There is steady volume, with spikes on green days, suggesting accumulation. This volume behavior often precedes a breakout, where a significant volume increase can confirm the direction. 4. Resistance Levels: The key resistance levels to watch are ₹790 and ₹803. A breakout above these levels, especially with high volume, could push the stock into new highs. 5. Potential Scenarios: • Bullish Breakout: If the price closes above ₹790 with strong volume, it may lead to a breakout, targeting ₹850 and higher. • Reversal Scenario: If it fails to break ₹790 and reverses, it may retest the support around ₹748. A breakdown below this support could lead to further downside toward ₹700 or lower. RSI: The RSI is around 59, indicating mild bullish momentum. Watch for an RSI break above 60 to confirm strength on a potential breakout. Summary: Paytm’s price action suggests a high probability of a breakout. Traders should watch for a close above ₹790 for confirmation. Maintain caution around resistance and support levels, as a failed breakout could lead to a pullback. Disclaimer: This analysis is for educational purposes only and should not be considered as financial or trading advice. Please conduct your own research or consult a financial advisor before making any trading decisions.
NSE:PAYTMLong
by tintinhawk
Give me some energy !!!As you can see, the price is in an ascending triangle. If a breakout occurs, we can say AB=CD. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
5
LTC trianglesLTC price action goes through descending triangles. Every triangle takes longer to play out (lengthening cycles) First triangle was from mid 2017 to beginning of 2019. (yellow triangle) Second triangle from beginning 2019 to 2021. (orange triangle) Third triangle took from 2021 till 2024. (red triangle) The base of every next triangle is set at the last upper touching point of previous triangle (last candle that touched resistance before breakout). Bullrun after breakout from red triangle was rejected for now by green line, which has been important level since 2018 (app. 100 EUR). It also coincides with the last touch point before breakout from red triangle. This green line is very important level LTC needs to break before it can go into bullrun mode. Stoch RSI on the monthly is below 20, curving towards the upside. And RSI on LTCBTC chart has been creating higher lows since January this year while price action has been making lower lows (bullish divergence). Could this be the much needed push?
Long
by carefulCheese32259
4
EUR/USD: PAT + VPA 10/02/2024Good afternoon, Today, my focus will be on identifying long entries for a long position, as we appear to have reached a selling climax. On the 15-minute time frame, a robust demand zone is evident between 1.0300 and 1.0400. The market has made a significant move towards 1.0300, leaving indications of early buying activity from "Market Makers." A notable reversal occurred on October 1st, followed by the formation of a bullish wedge (which is typically a bearish pattern) that pushed the market below the previous low. Currently, we are beginning to form a triangle on the 15-minute chart, which serves as a critical signal for a potential market reversal, particularly since it has not managed to fill the liquidity above it. This downward movement seems designed to eliminate the remaining sellers and early buyers. Additionally, my strategy, "High Clear," has materialized, suggesting that a liquidity sweep of the recent low was anticipated. I am now monitoring the fourth leg of the triangle as it approaches the lower congestion line, preparing for a potential breakout with the fifth leg. It is important to note that if a sixth leg forms, it would indicate a continuation of the market trend. I suspect that the market is attempting to prompt traders to shift to short positions, setting the stage for one final significant rally towards 1.1300. I anticipate that the market could reach this level in the coming weeks, unless we observe the formation of a six-legged triangle. The Pip Assassin FX:EURUSD TVC:DXY XETR:DAX
Long
by ThePipAssassin
2
SOLANA → Resistance retest. Will there be a reaction?BINANCE:SOLUSDT , after a strong growth, bumps into the conglomerate of resistances formed on D1-W1. It can be assumed that there is not enough potential to break through this area at the moment.... There is a clear resistance of the sideways range with gradually narrowing borders on the chart. This is a consolidation, which is most likely not over yet. The market continues to accumulate potential before further strong movement. The price reacts very aggressively to the resistance of the figure every time: the retest is followed by a strong decline to the lower boundary. The actual retest ends with a false breakout and the formation of a reversal pattern and the trigger of the 173.00 zone. Accordingly, if the SOL continues to decline, which leads to a breakdown of support, the market may enter a sell-off phase. Resistance levels: 183.4, 188.3 Support levels: 173.0, 159.1 I don't exclude that on the background of bitcoin's active growth SOL may make another attempt of a bull run, for example, to 188.4-188.3. But liquidity formed above this zone will not let the price up the first time. At the moment the focus is on 173.0. A breakdown and consolidation below this area will activate a sell-off... Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:SOLUSD ;) Regards R. Linda!
Short
by RLinda
20
WILL CARNIVAL CRUISE LINE ($CCL) CONTINUE TO SAIL HIGHER?! 50%+🚢 WILL CARNIVAL CRUISE LINE ( NYSE:CCL ) CONTINUE TO SAIL HIGHER?! 50%+ Potential! 🚢 NYSE:CCL had a rough ride during the COVID pandemic as everyone stayed home, not vacationing, and definitely not cruising. But could it be ready for a massive comeback? In my latest video, I break down the "High Five Setup" trading strategy, the ascending triangle breakout, and when to possibly enter this exciting trade. Trade Idea: Entry: $20 Exit: $17.88 PT1: $26 PT2: $30.64 Thanks for watching and for all the support! Let me know what stock or video you want to see next. LIKE | FOLLOW | SHARE Not financial advice. #StockMarket #Trading #Investing #CarnivalCruise #HighFiveSetup
NYSE:CCLLong
by RonnieV29
6
My last resort for a bull caseI admit the earnings reaction was a bit of a surprise to me, but I'm only writing this because I was in denial of the technical signs I clearly saw. The Oct 9 - Oct 23 leg down was in five waves, so I should've anticipated that upon the earnings, we will move down - the move up in the days prior to the earnings was in three and retraced to the 61.8 - 78.6% zone. Right now, I am leaning towards a $100 price target, I give it about 90% chance. However, I am giving it a tiny chance that the set of threes which have been printing since the March 8 ATH is forming an ABCDE triangle. If so, the local low is in and we move higher from here.
NASDAQ:AMD
by BelaK
ETHEREUM - Time to buy again!The BINANCE:ETHUSDT is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD). also a bullish Hidden Divergence (HD+) on MACD which shows Positive Signs for ETH. Note: we should wait for the breaking of the triangle and than make a move, If the triangle breaks, we expect a new ATH to occur, but in new year. ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:ETHUSDLong
by CobraVanguard
4
ETHEREUM → Price can't break the bearish trend. False breakoutBINANCE:ETHUSD is facing selloffs. Technically, ETH is showing weakness on the background of growing sales. Any growth attempts are aggressively sold off. The price continues to test the support, which only increases the chances of a breakdown Accumulation is narrowing. Ethereum is unable to leave the downtrend. The pressure formed by the bears is only getting stronger. Earlier there was a growth attempt, which became unsuccessful, after a false breakdown of the intermediate resistance 2717. The bears did not let anyone near 2817. On the background of yesterday's fall, associated with bitcoin correction in the 67K - 65K zone, the price tested the consolidation support and is forming a false breakdown. From October 22: BITCOIN → False Breakout & Bearish Engulfment ↓ If the price does not start active growth, but returns to the support and starts to enter the risk zone, it can provoke the activation of orders and a strong impulse to 2100-1900. Resistance levels: 2562, 2728, 2764 Support levels: 2392, 2318, 2111 It is not excluded that the price may return to the triangle resistance or 2728, but there are no hints for now. Emphasize on 2562 and 2392, two important zones from which a strong fall can be formed Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:ETHUSDT ;) Regards R. Linda!
Short
by RLinda
4