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Trianglebreak

Berkshire Hathaway (BRKB) breakout the Triangle:The technical figure Triangle can be found in US company Berkshire Hathaway (BRKB) at daily chart . Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The Triangle has broken through the support line on 04/09/2021. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 50 days towards 260.16 USD. According to the experts, your stop-loss order should be at 291.81 USD if you decide to enter this position. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
CAPITALCOM:BRKBShort
by legacyFXofficial
Buys only on a breakout above 1817Gold continues trading sideways inside of a triangle pattern. We already had some false breakouts and possible entries. If you don't have a trade yet, then do not rush! Wait for a breakout above 1817 - a breakout means price closing above this level! Once we see a breakout we could then look for short term trades with targets at 1829. This is a significant resistance at which we could see participants collecting profits. Then if we eventually break above that level as well, we could again enter long expecting for price to reach 1855. Whatever the case is make sure to wait for a confirmation and use a smaller lot size in market conditions like this. If you're looking for more conservative trades, then wait for a breakout of 1829!
FX_IDC:XAUUSDLong
by ForexTrendline
22
VeChain - Quick updateVery quick VET 6hr chart update VET has broken UPWARDS from its Triangle Pattern. A successful 6hr candle close above the descending trend-line is crucial. A successful retest of the descending trend line as support will also be another great positive sign. With the Long Horizontal Support Area, VET was also in a potential Descending Triangle, so it's a really good sign that VET has broken above the descending trend-line. A successful close above will also invalidate the potential Descending Triangle pattern. VET is back above its Least Squares Moving Average (LSMA). A successful close ABOVE the LSMA is a potential Buy Signal. VET is back above its Bollinger Bands Middle Band Basis 20 Period SMA. VET is back above its Volume Profile Visible Range Point of Control. (VPVR POC). Note that Volume has increased and the last 4x 6hr Volume Bars have been ABOVE its Volume 20 Period Moving Average. The MACD Line (Blue Line) is still in the Negative Zone but note it has crossed back over the Signal Line (Orange Line). Expect a big move up if the MACD Line (Blue Line) crosses back over the 0.0 Base Line into the Positive Zone on this 6hr timeframe. A 6hr Candle close ABOVE the BB Middle Band, LSMA, VPVR POC and Descending Trend-line is crucial for continued upwards momentum. I hope this very quick post is helpful with your trading and hodl-ing. Notes: LSMA = Black squiggly line on chart Bollinger Bands = Grey Bands on chart VPVR POC = Long Horizontal Red Line Trend-Lines (Triangle Pattern) = Dashed Lines Support Area = Black Lines with Yellow Shading Volume Bar & Volume MA = You know where that is ;-) MACD = Bottom Indicator
BINANCE:VETUSD
by TradingThroughTheLens
1
COTI Analysis (LONG)Feeling super bullish on COTI atm, coming out of a red sunday having support on R/S flipped resistance and looking to breakout the triangle with Fibonacci at the 0.382 mark. I've been watching COTI for quite some time now and its always been hovering close to the R/S line and only broke out after the COTI listing news on Coinbase. This retracement will not go down to the 0.236 range so with everything being pretty much aligned I'm excited for this trade. Do you feel otherwise? Do you feel the same? Let me know what you think! Thanks for reading :) Chart: /VuU69qUP (I cant post links sorry haha)
Long
by YHFX_
ETH USDT: SELL @ 3252Hey Guys, hope you are all doing well. I've been away for the past few days, but I'm back now with full force. Welcome to today's trade as a part of "Aglogains - Daily Trade Series". The price broke out of the price the ascending triangle pattern to the downside. The RSI has also been showing weakness for the past few candles in the 1HR time frame. Taking these two conditions we have entered a short position at 3252. I'm following a new techniques of trading triangle patterns where the expected move should be equal to or greater than the breadth of the triangle. In our case it is around 120 points. But there is a resistance at 3200 - 3195 so I would look to book some profits at this levels or watch how the price behaves at this level closely. Entry: 3252 TP: 3152 (100 points, since my entry was after 20 points, and I'm expecting a 120 point move.) SL: 3282 (30 points) Will keep you posted on the progress.
Short
by Nihanth_Aglogains
2
XRPUSDT: triangle pattern broke to the upside, LONG OPPORTUNITY?XRP price today is $0.718515 USD , down 3.32% in the last 24 hours, with a 24-hour trading volume of $2,449,258,622 USD. On daily chart we can see how the descending triangle pattern started forming in May just broke to the upside testing the first resistance level at $0.78, where it got rejected. Now a pullback retesting the previous support at ~$0.66 is expected, and this can be a good entry opportunity for long trading. Following the triangle pattern , the aimed target should be $ 1.17, but personally I don't believe it would reach it in the short term, therefore I would set many "taking profits" at the previous resistance levels . RSI on daily chart is decreasing and is now headed to test the previous resistance identified at 46.6 level This is the reason I believe price will suffer a pullback up to $ 0.66 level, before rising again, range which corresponds also the the EMA of Keltner channel (on daily chart ). If this will happen, this can be considered a confirmation for going long as historically, whenever price broken the upper level of the channel immediately a pushback happened to the EMA level before retesting the upper boundary. MACD still looks bullish on daily time frame and Keltner channel is becoming thinner and thinner, a sign that volatility is decreasing. This usually happens before a big move to the upside. TRADING POSITION: Long ENTRY PRICE: < 0.66 TARGETS: 0.77 / 0.84 / 0.87 / 0.95 / 1.01 / 1.08 TARGETED PROFITS ARE HIGHLIGHTED IN THE GRAPH STOP LOSS: $ 0.58 While on daily chart the price looks bullish , on 4h chart we can see how MACD is under the trendline, price therefore is under the EMA of the Keltner channel and is now decreasing headed to test the lower boundary of it, this corresponding to the spotted entry price. Therefore, 4h chart allows us to understand with more certainty that price will suffer a decrease before our long targets being reached. Moreover the lower boundary of the channel on 4h time frame corresponds to the EMA on daily time frame, a possible confirmation that price won't go under that level. Let's see if XRP will perform as expected. For more ideas like these, please follow us on our social medias as well!
Long
by vf_investment
EURTRY bearish scenario:In this pair, technical analysis shows a technical figure Triangle. The Triangle has broken through the support line on 17/08/2021. EURTRY 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 9.5735. If you decide to enter this position, experts say your stop-loss order should be placed at 10.1869. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Short
by legacyFXofficial