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Trianglepattren

DJI LONG Until January 2024? *TrickyTriangle Gannzilla 35741.16 Bermuda Bahama bears run from the drama! Bull Market has picked up more steam a bull breeding pen in Pamplona. Watch out brittle European Bear, the American Bull will not be sitting dinner. Combined with Gann technicals and weekly triangle pattern, the current, uptrend is on. Macro setup from higher lows on the monthly chart indicates promise for a MAJOR 3 year continuation of the current (11 year bull swing ) on Dow Jones Industrial Average $DJI WOW. Bull market in full swing 2021.
TVC:DJILong
by tazerfleece
1
BANKNIFTY - Triangle formationBanknifty has been trading sideways for the past 3 trading sessions. At higher levels, it is facing supply pressure and at lower levels, demand is coming in. Now for tomorrow It can move in any direction, and there is a possibility of a trending move tomorrow, hopefully. Support levels - 39428-39462 - opening and sustaining this level, might open a breakout probability from the triangle pattern. However, gap down opening below 39420 or break below this level, could also mean a selloff, which can extend up to 38630 levels.
NSE:BANKNIFTY
by manuagarwal21
1
JICPT| Stronger headline inflation opens up room for gold! Hello everyone. After consolidating around $1760 for a few days, gold finally broke my rebound target of $1786 with stronger headline inflation released earlier today. On the weekly chart, we can see gold is approaching the downtrend line which is part of descending triangle pattern . I guess price would face strong selling pressure around $1808. On the daily chart, we can also note that $1808 is nearest pivot high aligned with the weekly structure mentioned above. If $1808 can be firmly conquered, gold will challenge the $1835 level for the fourth time . So, in a nutshell, I set an alert on $1808 for potential bearish pattern setup . I don't think it will easily pass the level because of the pattern on the higher timeframe(weekly). For whatever reason it passes $1808, I will look for bullish setup with target 1 near $1835 . What do you think of my rough trading plan ? Give me a like if you're with me.
FX:XAUUSDLong
by JICPT
DOTUSDT Consolidate and wait for entry!/Trading StrategyBYBIT:DOTUSDT 1H trend chart - With the strong support zone, that was formed from long-term neckline, and the upper downtrend line. Both keep price converging in a triangle formation, direction is still unknown. So just wait for a break from this triangle. If the upper downtrend line can be broken out, trading strategy as below. - Profit Targets: a) 35.320----Fib(1) b) 37.005~37.685----Fib(1.272~1.382) c) 41.510-----Fib(2) Stop losses: a) 32.430----Redhorizontal ray - Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
12