Hello my Fellow TraderZ,
The day before I had shared the idea of
QNT forming an ASCENDING TRIANGLE and its possible move.
https://tradingview.sweetlogin.com/chart/QNTUSDT/BcSZ8vPd-QNT-Brewing-Up-for-next-HIGH/
Similar structure is visible on
ATOM #COSMOS on 1 HTF where price is ranging inside the ASCENDING TRIANGLE and constantly getting rejection from $13.2. Breakout Target would be around 6-11% Profit.
But also it is a bit confusing as it seems like it is also forming a Head & Shoulder pattern with the Trendline as the Neckline. Breaking of the neckline would give us the profit ~ 7-10% on Short.
https://tradingview.sweetlogin.com/x/JSqqUO9n/
As a trader our task is to trade on both the sides.
Let's see. Good Luck.
Happy Trading. CHEERS!!!
The day before I had shared the idea of
QNT forming an ASCENDING TRIANGLE and its possible move.https://tradingview.sweetlogin.com/chart/QNTUSDT/BcSZ8vPd-QNT-Brewing-Up-for-next-HIGH/
Similar structure is visible on
ATOM #COSMOS on 1 HTF where price is ranging inside the ASCENDING TRIANGLE and constantly getting rejection from $13.2. Breakout Target would be around 6-11% Profit.But also it is a bit confusing as it seems like it is also forming a Head & Shoulder pattern with the Trendline as the Neckline. Breaking of the neckline would give us the profit ~ 7-10% on Short.
https://tradingview.sweetlogin.com/x/JSqqUO9n/
As a trader our task is to trade on both the sides.
Let's see. Good Luck.
Happy Trading. CHEERS!!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.