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Trianglebreak

USDJPY Triangle Formation? 03.02.2023Market News - The most Important release of the month 15:30 Non-Farm Employment Change and Unemployment Rate Due to the fact that the investors are waiting for the important figures during the afternoon session we do not expect high volatility now. There is a triangle formation for this pair. if it breaks then the market will move in one direction either up or down. Traders have to be careful not to take positions too soon but let the market settle after the announcement. Otherwise the market might show a false break upwards or downwards. Stop levels should be 129.2 for the upwards move. If it is a downward move then should be 128.0.
by Stuart_Cowell
2
Tata Chemicals daily report shows triangle pattern breakout.Tata Chemicals on Daily Chart: Triangle Pattern Breakout: The stock has seen a triangle pattern breakout on the daily time frame, which may indicate a potential price move in either direction. Mean (EMA) Diversion on Hourly time frame: The mean (EMA) has diverged on the hourly time frame, which may indicate a change in the trend of the stock price. Resistance/Target: The stock may face resistance at levels of 1060, 1108, and 1176. These levels may act as a barrier to the stock price's upward movement. Support: The stock may find support at levels of 948 and 912. These levels may act as a floor for the stock price and may provide some stability during times of market volatility. In conclusion, the daily report suggests that the stock may experience some price volatility in the near term, with potential for both upward and downward price moves. As always, it is recommended to monitor the stock closely and consider risk management strategies when investing.
NSE:TATACHEMLong
by Wolfout_Traders
USDJPY > Breakout is imminent, but Which Way It Will Go?Analysis of #USDJPY Hi traders, today we will have a look at #USDJPY Following up on my previous idea, as you can see the consolidation range is getting tighter and we can expect the market to break out soon. Check the previous Idea link for more details I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
20
STORJETH - After a Huge Short, you ready for a Huge Long Trade?We've just closed a truly epic downward move with Storj, netting 65% on this short trade through Crypto Tipster v2 - and we've jumped straight into a Long trade as the price appears to be bouncing off strong levels of support; there's not going to be much resistance (if any) for a good 50% gains on the flip-side! Keep your eyes on this space! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
SLong
by theCrypster