Triangle
VANRY/USDT: 50% PROFIT POTENTIAL SETUP!!🚀 Hey Traders! 👋
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VANRY Looking Strong! 📈
VANRY is forming a symmetrical triangle on the 4-hour time frame and is holding the lower trendline like a champ. A solid bounce looks imminent from here. This could be your chance to catch a big move early! 🚀
📌 Trade Setup:
Entry Range: CMP and add more up to $0.138
Targets: $0.16 / $0.178 / $0.192 / $0.214 🎯
Stop Loss: $0.132 (Keep risk in check)
Leverage: Low leverage only (Max 5x)
💬 What’s Your Take?
Are you seeing the same breakout potential? Drop your thoughts, analysis, or predictions in the comments—let’s strategize and ride this wave together for massive profits! 🌊💰
👉 Stay tuned for more winning setups! 🚀💹
AUDUSD Trade SetupFor those looking to enter this trade, you can take an entry now with a tight and light stop-loss.
For those who prefer a safer approach, wait for the break of wave 4, followed by a retest, and then enter. This method offers greater security.
The triangle pattern has formed successfully. However, keep in mind that most chart patterns are often designed to manipulate traders by breaking and moving against their positions.
As for me, I’m not concerned about such manipulations. I have a strict risk management plan in place, and I’ve identified two key entry zones as marked on the chart.
Doesn't make any sense a drop, right?It makes no sense that this company is dropping today, but there is a reason for it: it was forming this massive symmetrical triangle that aims to take us to a new high. In fact, it left two vectors with a formation waiting to be completed, perhaps today or during this important week of the FED meeting.
ASCENDING TRIANGLE IN TATA MOTORS ???- By seeing the daily chart it is been clear that it is forming ascending triangle but the question is how to trade ?
- To enter the trade we have to wait for breakout once it breaks 818-820 then the next candle has to breakout the high of of previous candle so we are double sure that it's not a fakeout.
- The target will be around 890-894, but it can give a pullback around 850-855 level so if anyone who missed that can buy on a pullback.
- Don't buy in hurry immediately after pullback check out the price action and behavior of market.
- Stop Loss will be around 750-755.
This is not any buy recommendations, This are all my personal view and knowledge which I am sharing.
#005 NEW DCA GBPAUD SHORT @ Major ResistanceShort limit triggered at impulse wave (rejection of major resistance level).
If price were to reverse back towards the major resistance level, I have another sell limit order there.
Shall see what's going to happen next.
Positions will be shown in the update below.
1717SGT 12122024
Dollar Index (DXY): Clear Strength?!
Looks like Dollar Index is ready for more growth.
I see 2 strong bullish confirmations after a retest of a recently broken horizontal resistance:
the price violated a resistance line of a symmetrical triangle and a neckline of a horizontal range.
A strong bullish imbalance indicates a high momentum.
We can anticipate more growth.
Goal - 107.13
❤️Please, support my work with like, thank you!❤️
All Targets achieved on PSO!PSO Call was initiated on 25 Oct'24 at the breakout of 225, however, could not be published due to unpaid account.
78% gains as per the projections have been achieved within 2 months.
Swing traders should close their trades here, however, those wish to ride the trend can still hold it with Stop loss at 288
OGDC all Targets achieved !Initiated a call in Sep'24 for potential Target of 190 on the breakout of symmetrical triangle and breakout of previous LH which was achieved on 8 Nov'24. given swing traders approx 35% gain within 2 months.
The stock is likely to continue its bullish momentum and might test its first resistance at 244 and second resistance at 265. However, those who wish to ride should place SL @ 177 so that all gains are not eroded.
BITCOIN → Consolidation before the breakout. When do we go up?BINANCE:BTCUSD continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse
Globally, the coin is still in the phase of realizing a global " cup and handle ", which I reminded one of the first back in August:
A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution).
But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful
Resistance levels: 101.8K, 104.1K
Support levels: 98.9K, 94.15K
Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;)
Regards R. Linda!
Grupo Televisa (ADR) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Grupo Televisa (ADR)
- Double Formation
* Descending Triangle | 2.50 USD | Downtrend Continuation
* Top / Bottom Structure At 2.00 USD | Subdivision 1
- Triple Formation
* 012345 | Wave 3 | Survey Conditions | Subdivision 2
* Retracement ((50)) | Reversed Wick Rejection At 1.90 USD
* 012345 | Wave 5 | 1.15 USD Entry Bias | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
XRP's Bullish Trajectory: A Potential $5 Surge?The cryptocurrency market has witnessed a surge in volatility and optimism in recent months, with XRP, the native token of Ripple, emerging as a notable player. As the digital asset continues to gain traction, analysts are increasingly bullish on its potential to reach new heights, with some even predicting a price surge to $5.
A Bullish Pattern Emerges
Technical analysis of XRP's price charts reveals a promising bullish pattern forming. The cryptocurrency has been consolidating within a well-defined ascending triangle, a pattern often associated with significant price breakouts. This pattern suggests that the buying pressure is gradually increasing, potentially driving the price above the upper resistance level of the triangle.
Furthermore, the Relative Strength Index (RSI) for XRP is currently hovering around the overbought zone, indicating strong buying momentum. This bullish signal, coupled with the ascending triangle pattern, reinforces the possibility of a substantial price increase in the near future.
Prediction of $4+ Price Target
Several factors contributing to this optimistic projection, including:
• Resolution of the SEC Lawsuit: The ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) has been a major source of uncertainty for XRP investors. However, recent developments in the case have raised hopes for a favorable outcome, which could significantly boost XRP's price.
• Growing Adoption of Ripple's Technology: Ripple's cross-border payment solution, RippleNet, has gained significant traction among financial institutions worldwide. As more banks and payment providers adopt this technology, the demand for XRP, which powers the network, is likely to increase.
• Bullish Sentiment in the Crypto Market: The broader cryptocurrency market has been experiencing a resurgence in recent months, with Bitcoin and Ethereum leading the charge. This positive sentiment has spilled over to altcoins like XRP, further fueling its upward momentum.
While a $5 price target may seem ambitious, it is not entirely out of reach if the aforementioned factors continue to play out favorably. However, it is important to remember that the cryptocurrency market is highly volatile, and price predictions should be taken with a grain of salt.
Investing in XRP: A Risky Endeavor
Before investing in XRP or any other cryptocurrency, conducting thorough research and understanding the associated risks is crucial. Cryptocurrencies are highly speculative assets, and their prices can fluctuate dramatically quickly. Additionally, the regulatory landscape for cryptocurrencies is still evolving, which could impact the future of XRP and other digital assets.
Investors should only allocate a portion of their portfolio to cryptocurrencies and be prepared for potential losses. It is also advisable to diversify investments across different cryptocurrencies to mitigate risk.
Conclusion
XRP's bullish technical indicators and favorable market conditions have sparked optimism among analysts and investors alike. While a $5 price target may seem ambitious, it is not entirely out of reach if the current momentum continues. However, investors should approach XRP with caution and be aware of the inherent risks associated with cryptocurrency investments.
HelenP. I Bitcoin will break support level and fall to 98$Hi folks today I'm prepared for you Gold analytics. Some time ago, the price declined to support 2, which coincided with support zone, and some time traded between this level. After this, BTC later made a strong impulse up, breaking support 2, which coincided with the resistance zone and even rose a little higher. But soon, it turned around and made a strong impulse down to the trend line, breaking two support levels. Later, the price backed up, breaking support 2, and even rose to the resistance zone, after which some time traded below this area. Next, it declined to the support zone, which coincided with the trend line, and then rebounded and in a short time rose to the resistance zone, breaking support 1. At the moment, price trades inside the resistance zone in a triangle pattern, so, I expect that BTCUSDT will make movement up to the resistance line of this pattern. Next, it turned around and started to decline, breaking the support level, therefore I set my goal at 98000 points. If you like my analytics you may support me with your like/comment ❤️
Gold can little correct and then grow to 2720 resistance levelHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some time traded near the resistance level in the seller zone, and later price rebounded and started to grow. In a short time price rose to 2790 points and then turned around and started to decline inside the downward triangle. In this pattern, the price first broke the 2720 level and then declined to the support level, which coincided with the buyer zone, after which broke this level too. Next, Gold declined to support line of the triangle, after which at once made impulse up, breaking the 2625 level one more time. Then it made a retest and continued to grow to the resistance line of the triangle, and when Gold reached this line it at once dropped to the 2625 support level. Price some time traded near this level, after which fell to the buyer zone and then started to grow. In a short time, the price rose to a resistance level, exiting from the triangle, but recently it turned around and made correction. So, now, I think that Gold can decline to support line of the triangle and then rebound up to the 2720 resistance level. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀
StreamCoin breaking the Weekly Dynamic resistance Hello people i hope you doing well
Please be aware to use stop loss on your Positions and warn for risk management and capital balance management
Here we have STRMUSDT as the Nice momentum to breaks the dynamic Hard line
I think its time to hodl some of this nice sh coin
Next target is 0.016
Good luck
USDCHF → Breakout of wedge resistance. CPI aheadFX:USDCHF is showing positive signs of willingness to continue the uptrend. The dollar is consolidating in the meantime in anticipation of CPI, which creates risks for us
The currency pair is testing the support at 0.877 as part of the correction. A false breakdown and a reversal pattern is formed, which indicates the end of the correction. The price updates the local lows, and on the 4-hour timeframe it enters the realization phase after breaking the wedge resistance.
The focus is on 0.882 - 0.8848. If the bulls keep the defense above this zone even after the news, the growth of the currency pair will continue in the future, as the key liquidity zones are still untested
Resistance levels: 0.8848, 0.8887
Support levels: 0.882, 0.880
CPI is ahead and traders are not yet ready to take active action prematurely. The report may form a medium-term potential. A break of 0.8848 will be the trigger for continued upside. But, the structure will be broken if the market breaks 0.876
Regards R. Linda!
TRG Ready for another 16% rideThe stock after breakout its bearish cycle, continuing its bullish ride, recently retraced to mark its LH @ 54 which will be out SL for the trade.
Enter at the breakout of symmetrical triangle at a price of 64.35 for the target price of 74.7 which will be out first TP, approximately 16% gains
KMX - 18 months ASCENDING TRIANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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