Trianglepattren
GBPCAD - NEW BREAKOUT 📈Hello Traders 💖
On The Daily Time Frame The GBPCAD Broke The Major Key Level (Support Becomes Resistance Level)
and he Broke The Resistance Line ✔
Currently, The Price is testing 1.68195-1.68603 Support Level for Creating a new Higher Low 📈
If Price Stays Above The Key Zone, GBPCAD Can Continue The Bullish Move 📈
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TARGET 1: 1.69930🎯
TARGET 2: 1.71650🎯
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AUDCHF - NEW BREAKOUT !HELLO TRADERS !
On The Daily Time Frame The AUDCHF Price Reached a Support Level !
Currently, The Support Level is Broken and becomes a New Resistance Level 🔥
The Price Formed a Descending Triangle Pattern !
so, I Expect a Bearish Move 📉
i'm waiting for a retest...
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TARGET: 0.58800🎯
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Triangle Breakouts, Pump? Wait !!!This was the most trending coin in 2021. This coin will not come in trend again for next 2 years. But before we forget this coin, It will take final small pump. Waiting for Triangle breakout, Currently it's no trade zone. Below the Red line is risk. Above the green trend line is good to buy. Wait.... And follow me for timely updates.
USDCHF - NEW BREAKOUT !HELLO TRADERS !
On The Daily Time Frame The USDCHF Price Reached a Support Level !
Currently, The Support Level is Broken and becomes a New Resistance Level 🔥
The Price Formed a Descending Triangle Pattern !
so, I Expect a Bearish Move 📉
i'm waiting for a retest...
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TARGET: 0.88650🎯
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Ascending Triangle On ETH (BULLISH!!)
Hello guys ,Today i saw a low risk opportunity on ETH/USDT.
the price is on the bottom of the ascending triangle and if it doesn't break it you can do this scenario.
open your position after the price turn back.(wait for green candle,don't open your position fast !)
first target is about 1995.(it's safe to close your position)
but if it's going to continue the scenario , you can close your order on 2030.
supertrend is giving a buy signal too.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.
ALGN - Will earnings be the catalyst?ALGN gapped up strongly on Earnings beat during its last earning on 1st Feb23. It then subsequently corrected and partially closed the gap, finding support eventually @ 297 the previous neckline region (now tuned support) and also right at the 38.2% fib retracement of the big recent upswing AB.
Since it's last Earnings, the stock had been wedging in a range but what is clear is that the bogger trend is likley still on the upside as there was a Golden Cross that occured on 14 Feb (nearly 2 month ago) with both the 50 and 200 day MA sloping up now (mild slope for the 200 day MA as it will take a longer time to refect the new trend). Plus the fact that the stock has been holding above it's basing formation neckline.
Any dip back towards the neckline region (297-303) could be an opportunity to long. I suspect the coming earnings expected on 26th April could provide the catalyst to propel it above this trianglle pattern. However, trade earnings at your own risk.
If trade works out, I will be watching to scale out (partially) from 425 - 455, and manage the rest of the position with trailing stops.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!