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Trianglebreak

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
AAPL WAITING FOR BREAKLINELooking for a final retracement down to complete the corrective wave 4. Dip buys in the $143-145 region targeting $150 and $155. We need to see breakline for confirmation. 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.
NASDAQ:AAPL
by legacyFXofficial
Aurora Cannabis Bull Run 36 USDAfter a long 5 wave downward movement which ended on 29 October 2020, Aurora fought itself back with an ABC upward correction on 30 November, it followed an ascending pennant with approx. 15 USD wärend during a 5 wave upward movement its goal had. Wave 5 ended on 11 February 2021 and it followed a renewed 5 wave downward movement to 17 May 2021. This was followed by an ABC upward correction followed by a 5 wave downward movement which ended on 20 July. Since then Aurora is in a range and runs into the top of a triangle formation. If the price would break out upward from the triangle, a Bullische SKS would be at approx. 19.54 in the confirmation and would have as a goal 36.06 USD Short alternative on a downside breakout from the triangle, I would see 5.34 as the next support for further upside moves and thus set my target for a short position at 5.50. RSI Neutral 45.77 CCI 20 -8.93 Neutral MACD Crosses Bullish from the lines Vortex diverges Bullish EMAS 20 50 200 Currently active as resistance
NASDAQ:ACBLong
by Highrisk221
4