We can see the configuration of a symmetrical triangle on the price of gold. An upward breakout is currently underway, volumes have been decreasing during the formation of this symmetrical triangle. A sudden increase in volumes remains possible, given the current context and the rather hawkish monetary policies of central banks which could promote a panic in the...
Symmetric triangles are a well known pattern, in which price forms lower highs and higher lows following two sloping trend lines that eventually intersect. According to Bulkowski identification guidelines, we should be looking for -duration of 3 weeks minimum -volume decreasing throughout formation -price touching both sides of the formation boundaries several...
Gann and Fib Fans lining up for confluence on various levels. Experimenting with triangles to find a BTC chart pattern.
Cardano price still stable, in this week, Cardano invalided the continuation of the down to $0.80 cents and the price it' s still into this accumulation zone. For that, Cardano holder are extremely optimistic in this cryptocurrency. We see that I have a bullishsetup that Cardano it's leading to $3 dollar, that it's my next prediciton to reach in Cardano....
Hello, I want to show you a short technical analsisi and simple. Now, I am watching and yesterday I make a technical analsis what EUR/USD is in this moment a formation in a armonic pattern. Now, in H4 timeframe the price doesn't have force to continue upper the price, look how so long is this wick and it's extremely important what kind of candlestick its. So, this...
RVN / BTC on the coin a month ago a downward wedge was formed, which was broken up. In this regard, a local upward trend for 1 month has formed. This trend gave a price increase of + 52%. Then the local uptrend changed to a downtrend and the price returned back to the purchase zone. Also in the purchase area you can see a huge shadow of 18%. They directed the...