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Trianglebreak

EURUSD SELL - Chart patterns | Technical AnalysisEURUSD has broken its bearish cycle and we are about to head into a strong general Bullish Trend. As a day trader, The Daily, 4H, and 1H tend to be my go-to timeframes, and on these time frames, the market has broken to the upside, breaking through the trend, so a correction or retracement is imminent with the descending triangle acting as the pattern confirmation on the 4H. The Formation of the BEARISH Triangle on the 4H timeframe shows the incoming of a Bearish short-time move for next week. The PINBAR on the weekly time frame acts as a strong indicator for this to happen, I will watch out for the price action of the various support level that price might act on. I will wait for a break and retest of price on the triangle to the downside to get into my sell come next week.
Short
by MaximFxBoss
Everything As Expected. Hi dear traders, hope you are surviving the current bloodish wave in the market. Since we have forecasted the movement in almost an accurate rate we did survive the overall negative hype on the week. So What's going on Bitcoin? I am still bearish till something content-ful market impact took in place. For now, $12,200 area is the next strong resistance line if the current magnetic support lines at around $15,500 and $14,400 areas respectively are going to be breaking out. This is just to drop my greetings and my current market sentiment perspective. I will be back bringing you a detailed analysis sooner or later on. Stay safe and be strictive on your trades till market gets some space to breath.
Short
by cryptotalk_et
CEIX: Triangle breakout!Consol Energy Intraday - We look to Buy at 68.04 (stop at 64.15) Broken out of the triangle formation to the upside. This is positive for sentiment and the uptrend has potential to return. The measured move target is 79.00. Dip buying offers good risk/reward. Our profit targets will be 78.87 and 85.00 Resistance: 79.00 / 85.00 / 90.00 Support: 68.00 / 58.00 / 40.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:CNRLong
by VantageMarkets
USDMXN is breaking the supportsUSDMXN remains bearish and it’s now in a sharp intraday decline aboutwe have been warning about in the past. We see pair now breaking the trendline support and its falling below the important 19.70 level. This may cause more more weakness as a higher degree bearish triangle can come to an end. In fact, MXN has been one of the strongest even when USD was up vs GBP, AUD and NOK. So if these are ready to gain, or at least make a pullback, then we think that USDMXN can easily come much lower. Check where USDMXN is despite DXY bull run in the last 12 months. A bearish HS pattern also signals for more weakness on USDMXN. Grega
by ew-forecast
GBPUSD bullish scenario (just an idea)One can count 5 waves in the ascending triangle which shows that we should be breaking out to the top of the ascending triangle. (Breakout to the other side, than the 5th wave has closed). We have already broken out of the triangle and are testing another resistance line at 1.1478 right now. If we can clearly get over that resistance the triangle breakout is probably not a fake out and we can aim for the height of the triangle entry. Still there is another resistance at 1.2285 that we have tested in the past.
Long
by Yannick_Viewer
2
EUR/USD -25/10/2022-• Symmetrical triangle formation • This pattern is usually a continuation pattern, which means the breakout occurs at the same direction of the preceding move, in this case a break down resulting in lower prices • Sometimes, triangles can be reversal patterns • Traders better wait for the breakout to confirm the direction and the validity of the move • Price target follows the measurement method, which projects the height of the triangle from the breakout point • The height of the triangle is 600 pips • If the breakout occurs to the downside, target would be around 0.90
by RamziAbouAbdallah-CMT
2
XRP analysis... short positionhello guys... as you can see in my cryptocurrency charts i believe this market is bearish so far and continue downward movement until forming a strong and powerful reversal setup in high time frame like weekly or monthly! this crypto currency (xrp or ripple) formed a ascending triangle and break bottom line strong and continue downward movement until reach to its target (i showed as green area) this green area is on MPL... always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
Short
by melikatrader94
8
Symmetrical triangle on Matic/Polygon On Matic has there been a symmetrical pattern formed which shows a 50/50 of the price breaking to the upside of the downside. This said does the price trend show that the price is more likely to break to the downside as the market trend is bearish. Entry price: In the apex at 0.65. Stop loss: At 0.67, which is inside the triangle so when the triangle breaks to the downside but after the break to the downside starts trending upwards and is stopped by the stop loss. Target price: Is extrapolated from the triangle height/the upper trend line and this target price set at 0.349. This is also 45% gain if the prediction is successful.
MShort
by vf_investment
ETHUSD - Triangle target front ran?Update on Ethereum from my last post. ETH, along with the market is showing bullish strength after yesterday's dump. My target below was lower than what we got, swiftly reclaiming the range eq of the descending channel. I'm fine getting front ran or my target not reaching - the idea was that we dump from the triangle, which we got. I was however looking for a long entry on this dump and might have got front ran here, time will tell unless this level doesn't hold. Putting in potentially a nice retest of the market structure break almost across the board (BTC,ETH,Alts). I need to see follow through soon on this move up if it's going to convince me of a rally, not yet 'bullified' personally. Stay frosty! V
COINBASE:ETHUSD
by cryptovatsik
2