Trianglepattren
EURAUD Buy1. Long-term trend - price ranging sidewards.
2. In the shorter-term the downward trend is expected to reverse as the price is about to hit the SUPPORT level as well as the merging triangle pattern.
3. the price level is likely to bounce back and froth between the resistance levels, but is expected to keep rising in the next few weeks.
USD/JPY- Triangle PatternUSD/JPY is making a symmetrical triangle and trying to reach the upper line of the triangle. The trend will hit an upper trendline of the triangle by crossing the following level 103.507 - 103.566 - 103.585 . After that, there will be a reversal, and the target will be 103.500 - 103.400 - 103.300 - 103.100 .
But if it does not stop to move upwards. And crosses an upper trend line, then it will hit the following levels 103.600 - 103.670 - 103.750 .
USDJPY SHORT NEWWe recognize a bearish channel so we go short, it helps us to know that we are breaking a triangle pattern.
Good luck!
FX:USDJPY
USDCHF, M15 Long or Shortin M15: If Price can break the Triangle to up & colored Area, can go up til End of yellow vertical line (second upper warning line(Dashed line)).
If can not: go down til second lower warning line (Dashed line).Now, there is a little -Divergence on MACD, if completed, the break down is more possible.
XRPUSDT Is inside a huge triangle 🦐XRPUSDT Is inside a huge triangle, and as we know the triangle is a continuation pattern.
IF the price will have a breakout upward from the triangle, According to Plancton's strategy (check our Academy), we can set a nice order
"A triangle pattern is a consolidation pattern that occurs mid-trend and usually signals a continuation of the existing trend. The triangle chart pattern is formed by drawing two converging trendlines as price temporarily moves in a sideways direction. Traders often look for a subsequent breakout, in the direction of the preceding trend, as a signal to enter a trade."
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURGBP updated bullish trend failedEURGBP failed to cross the flag pattern and its now forming its triangle structure and going to retest the bottom and it probably wins it and drop even more
USDJPY-Weekly Market Analysis-Dec20,Wk1In the market, one thing for sure when there is a consolidation there will be an expansion. Right now we have a sideway consolidation on USDJPY, I'm waiting for the breakout of the trendline to assume the trade in its direction.
What's amazing that the technical chart shows an alignment of what's happening in the US election. It seems like we will have a conclusion on the US election in the coming week.
NIO Ascending Triangle and Wedge UpHey folks, I kept seeing you enjoy my analysis so of course I will do another one and I think it could go even higher than JMIA.
Today I was just contemplating over all the news, youtube videos and so on and so forth about NYSE:NIO
I don't completely see from where people taken the 150$ target for NIO but...🚀🚀🚀
In all seriousness, we have good elevating factors on the 1HR chart, good support and I seek to break the resistance.
In the snapshot you clearly see somewhat of an undeveloped triangle that was showing to take down NIO due to Earnings.
Now we have the same baby triangle with resistance and support getting closer until we break it.
MACD is showing signs of running up just as it did the last time and I marked down the moves that I am pretty sure we might get that same area but better and get to 63$
AAPL 4h highly probable to be bullishAAPL in Nasdaq is going to be bullish due to bullish signs in volume - RSI - ADX - MACD and other classic indicators so we just need a confirmation from crossing the dynamic resistance from the trend
AUDJPY TRIANGLE SETUPA potential 300 pips to the downside on AUDJPY before the next bullish wave upside. It would be interesting to keep an eye.
DISCLAIMER:
This is only an idea and must not be taken as a trading signal.
Please leave a like or your comment below 😊.
Follow me for more updates.
Apple analysisHello! As you can see the market is in a triangle. Fun fact, most of our analyzes contain the triangle pattern :D. We will have to wait after a retrace when the price breaks the triangle. After the retrace we can take action.
EOS/USDT ( Symmetric Triangle in 1 Hour Chart)Symmetric Triangle Breakout
EOS/USDT currently trading at $3.54
LONG ENTRY: Only enter long after Symmetric Triangle Breakout in 1 h chart
STOP LOSS: I will update soon
Resistance level 1( Target): $3.95
Resistance level 2 (Targe ): $5.50
Resistance level 3 (Target ): $8.65
Max Leverage: 10X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts
EOSUSDT is trying to have a breakout from monthly resistance 🦐EOSUSDT is trying to have a breakout from monthly resistance.
IF the weekly candle closes above the weekly structure, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
INTEL now is a big opportunity!NASDAQ:INTC
* Declines stopped at a long-term weekly support line
* After a 37% drop, a huge company - so in my eyes this is a great opportunity to buy the dip.
* Breaking a small triangle descending
* A stock breaks up SMA20
EURGBP Triangle Pattern: Bears BreakoutHi Traders!
Since the month of November started the bears have been in control on higher timeframes. We've seen EURGBP form lower lows and lower highs on most timeframes but recently the market made a strong push up (from point A - 0.88616 to point B - 0.90044) forming a lower high and continuing in the overall market direction. In the last two days the market formed a higher low (point C - 0.89147) and a lower high ( point D - 0.89637) again confirming the triangle pattern on the chart. As we head into this week the market has broken out and retested showing that it is still moving bearish in continuation with the trend.
Thanks for viewing.
Disclaimer: Analysis is subject to market changes.
USDZAR Triangle PatternThe pair is still consolidating in a triangular formation. With the fundamentals favouring the recovery of the South African Rand(ZAR) we might see the pair break to the downside and continue the downtrend.
S&P 500 Triangle Pattern Breakout OpportunityS&P 500 forms a Triangle Pattern and breakout in either way gives you an opportunity to capture strong momentum.
GBPUSD Ascending Triangle of 4 hourGBPUSD has been in a upward momentum over the past weeks. We've seen potential reversals that failed so the pair is most likely to break on the upside and continue the trend.
Disclaimer: Analysis is subject to market changes.
