Trianglepattren
FTM trading inside of a Triangle The price of an asset moves within a narrowing range over time, forming a shape that resembles a triangle. Given the possibility of a breakout in either direction, one trading strategy is to wait for a clear break of the triangle pattern in either direction before entering a position. This could be done by setting up buy and sell orders on both sides of the triangle, with stops and limits placed accordingly to manage risk.
It's worth noting that trading within a triangle pattern can be risky, as there's no guarantee that the breakout will occur in either direction or that it will be sustained. Therefore, traders should use proper risk management techniques and be prepared to adjust their positions quickly if the market conditions change.
DOTUSDTAssalamualikum everyone i hope all is well
Market is going to bearish but dotusdt break triangle pattern.
so according to technical analysis market will be going up.
there are some reason for taking this trade
* break triangle pattern.
** market retest triangle line.
**************GUD LUCK******************
How To Trade the Triangle Consolidation Pattern!Hey Traders today I wanted to take a step back and show new traders the proper way of entering the market when it's consolidating in a triangle. Triangles are very common in trading and know how to identify them on your charts is a great tool to add to your trading arnsenal. Triangles can lead to explosive moves in financial markets so lets dive in and break it down to a science of how to trade it.
Enjoy
Trade Well,
Clifford
NASDAQ 100 Futures short term goal The market is forming a triangle.
--> Wait for the nearest prior high or low to be taken off. And do a 100% symmetry projection to find the initial trade target.
If the price down breaks the triangle, the 1.0 projection will be taken from A to B, projected from E.
If the price up breaks the triangle, the 1.0 projection will be taken from B to C, projected from D.
And do notice the nearest prior low or high may not be D or E if the triangle continues.
**Not Financial Advice**
The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
KMA SPot Buying .KMA is so strong in these days . I am personally buying some here and holding for mid-term.
because it will give massive profit to us as soon as possible.
Nothing a best setup like this i found.
t'll go Parabollic
Short term target is 25% but long term target is 3x
it can fly like VRA.
If i need to do dca will let you Know.
BTCUSDTIt seems that we are at the end of an ABCDE triangle pattern. Wave C has risen to 38% of wave A from the triangle, and considering that the waves of a triangle pattern are one-to-one related, I expect wave E to rise to 38% of wave C, i.e. in The same price as it is now. The rest of the explanation can be seen on the chart.
📈Ethereum prediction during FOMC decision📉BINANCE:ETHUSDT
BITSTAMP:ETHUSD
Hey everyone, first take a look at my previous analysis and positions.
2 scenarios for the Ethereum
Price targets ----> 1-2-3 are on the chart.
For long targets ----> checkout previous idea.
Don't forget to risk-free your position.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
OXTBTC - Wedge Ranging for a While. Profits to be had!We can see the price of Orchid has tested it's strong downward trend line on multiple occasions historically, and has been rejected on every attempt.
In reality there's only a couple of months left until this final section of the wedge formation OXT seems to be trapped in finally closes up and the price would then have to find a new natural trend.
This can mean limited profits from lots of markets, but here we're seeing a very healthy 20-30% per swing from top to bottom of wedge, this is huge and you should expect some very healthy and quite predictable profits from this.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Potential Head and Shoulders Pattern A potential H&S Top pattern in Kotak Bank with neckline at 1630. Pattern target is at 1190.
Elliot Wave wise, Wave B (a triangle) seems near completion and Wave C which will be a five-wave decline is possibly next. Minimum expectation of Wave C is to be equal to Wave A which is at around 1490.
A negative divergence with momentum is seen on daily and weekly charts.
Note- Not an investment advice,
#BANKNIFTY INTRADAY LEVELS FOR TOMORROW !!!Hello to everyone
The price at crucial level. Downside breakdown and closing below the 39400--39300 will leads target of 38800 & 39400 in next coming sessions. Here sharing intraday levels to trade tomorrow.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
Set up forming?- NASDAQ LongPrice trending down to find support at 12264.2 level before a bull run up. About 700 points are to be made.