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Trianglepattren

PBBank VCP aka cup & handle pattern. 20/Sept/22PBBank. Look like we have A VCP chart pattern. A chart pattern “refined” by famous Mark Minervini ( US 1997, 2021 investing championship winner) which got inspired by William J. O’Neil defined “Cup and handle” pattern..p/s or anything “chart pattern” you have “discovered/defined “? Making it “famous”?...Also the “cup & handle / VCP” pattern “closed” to 1 of variation of “triangle pattern” which is “ascending triangle “...with breakout. With rate hike all over the world. Banking sector might be “benefit” most. Price of PBBank could reach RM6.80 which is about 47.47% gain from current price level.
MYX:PBBANK
by SteveTan
Merge TimeETH 2.0 is here! Today, at around 3AM EST, Ethereum’s long-awaited transition from Proof-of-Work to Proof-of-Stake took place. Prior to the event, many were left wondering what the impact of this important occurrence would be on the market. Would a successful merge lead the way to a more bullish market outlook? Or would a failed merge lead to further capitulation and turmoil? At first glance, it appears the merge has been successful. This event will shift the Ethereum blockchain over to new Proof-of-Stake validator nodes which will require staking 32 ETH in order to become a validator on the network. For an investor, holding ETH is now more attractive due to the fact that it is now deflationary. This means that Ethereum is now the highest market capitalisation deflationary asset on the planet. The transfer off the legacy Proof-of-Work system is proposed to lead to around a 99% reduction in the energy consumption of the network. In short, this will make Ethereum much more efficient and allow for significant strides to be made towards crypto’s environmentally sustainable future. Additionally, with the current ESG narrative in investing, this improved efficiency could attract new institutional investors to the world of crypto who may previously have avoided the sector in order to maintain a green image. Another important implication of the merge is that the number of ETH tokens issued as block rewards will significantly reduce. Prior to the merge, around 13,000 Ether were mined each and every day. Now, this number will reduce to approximately 1,600 Ether per day. This is another bullish implication of the merge as there will be significantly less selling pressure on Ethereum from miners selling their rewards. From a technical perspective, it appears the market already had this event priced in as in the last few hours we have not experienced any significant volatility that many were expecting. On the daily timeframe, there is a clear example of a symmetrical triangle pattern. Traders will be watching this chart closely as a breakout above this triangle could light the way to new range highs. Conversely, a break below this triangle could result in more pain and a return back towards the $1,400 - $1,450 support range. Another important thing to note is the convergence of MA9 and MA50 with a crossing potentially imminent. MA9 crossing above MA50 would be a bullish signal and provide support to the idea that a breakout above the triangle would be the more likely scenario. 
by Coinrule
Triangle Pattern formation in 1 WTF!>Good formation of the triangle pattern happened but the most important thing we need to watch for is good Volume build-up! > The upper Trend Line should be broken with the good volumes is the only concern! >Good formation of 'V' Shaped Candle Sticks is happened just below the 20 DMA. >The 4 Supports Levels are significant because they represent the higher low's formed in the above triangle. >Let the break-out happen first, then entry is what I am planning or else if you want to enter it now go by the stop-loss I gave. >The Stop-Loss is some what more but it is favorable when compared to RRR which is '2.02'. >The first Target would be the 52w high. Let's Watch with patience!!! ***Container Corporation of India Limited (CONCOR) is under the ownership of Indian Railways, Ministry of Railways, Government of India.
NSE:TCILong
by AxionAjay
⭕️ GBPJPY ; Which direction is the triangle failing ❓🧐🔰You can see the analysis of the British Pound in Japanese Yen in four-hour time in the picture (GBPJPY - 4H)🔍 🔰As is evident from the image, the price moves in a triangle❗️❗️ ✴️In your opinion, which side will the triangle break from and which direction will the price go to the GREEN💚 side or the RED❤️ side❓❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 ____________📈TRADER STREET📉_______________
by TRADER_STREET
2
📉🐻Bears are waiting for an entry🐻📈BINANCE:BTCUSDT COINBASE:BTCUSD Hi traders, first look at my previous analysis and positions on ETHUSDT & BTCUSDT and AUDUSD & USDCAD. This current price growth in Bitcoin could be the pullback to the pattern-breaking range. A sell position in the red area can have a high chance of winning. Just don't forget to risk-free your positions when they reached the risk-free level. TP1 in green ==> for long position.(My previous analysis) TP1-2-3 in red ==> for short position. The optimum stop-loss for each position is on the chart. Please share ideas and leave a comment, let me know what you think. CrazyS✌
Short
by CrazyS
6
breakout levelwatch for breakout or breakdown in sasken technologies do not take stock too early if you feel it will definitely give breakout place position only when breakout happens or you can also wait little to watch for conformation like wait to close candle successfully above try to match price with volume breakout some time stock retest the breakout line try to enter over when price retest level or breakout trend line it will also reduce your stop loss points trade always with stop loss respect your SL do not over analyses after toking trade book each trade by only one single strategy although its booking as per comfort or by waiting for trend reversal
NSE:SASKEN
by ProfitPicks
USD/CHF -8/9/2022-• Triangle pattern explained + measurement method • On the weekly chart, while ago, a triangle formation can be seen • Breakout can be either way • In the above case, the breakout was to the upside, supported by strong fundamentals in favor of the dollar • Traders should wait for a successful breakout before placing any trade • Breakout was confirmed by several bars above the upper trend line resistance • Buy order is placed upon the breakout, and the measurement method is applied for profit taking • What is the measurement method? • It is the distance between the lowest point in the triangle and the first high, the widest distance in other words • In this case, the length is 700 pips, so we project this distance from the breakout point • We get the target around parity, which was reached accurately at a later stage
Education
by RamziAbouAbdallah-CMT