APL APOLLO TUBES - Rectabgular PatternNSE:APLAPOLLO in 2 Year Break Out. It has formed a Rectangular Pattern. If it's able to sustain above 1810, you can Target for 1900 and Exit.
Rectangular
GBPAUD, Long possibilityWe are at a point which we can consider end of a correction (rectangular structure). So, basically what we should do next week is as follows:
1st: We seek for a green candle, which we can consider as a go-long-trigger, on 1h chart in order to open a long position. (or another trigger that you, yourself use in your own trades.)
2nd: The top of our gray rectangular structure is our 1st tp basically. although, there is a good chance that price go through it. you can manage it as you seem fit for yourself.
cheers!
I think bitcoin is in one channel.
I guess many analysts confuse the bitcoin movement within a channel with the triangle pattern.
what is your opinion?
Is the triangle pattern correct or is bitcoin moving within a channel?
Maybe a rectangular pattern is going to be made?
I will be happy to write your opinion in the comments.
Analysis with rectangular trendAnalysis made with rectangular trendline. It respected the 200-level, so it is expected to drop more.
SELL
EP: 69.200 - 69.000
TP1: 68.800
TP2: 68.500
TP: 68.000
SL: 63.350
This is my personal trade and analysis as a beginner. Not a financial advisor.
GBPCAD Rectangular bottoms!Some rectangular bottoms have formed on the GBPCAD pair, i count 6 touches included wick ends on the first and looking for a 6th touch on the lower trendline on the second rectangular bottom.
DDAIF Rectangular bottomContinuous reversal points in this rectangular formation, will it continue at (5)? MACD looks bearish, however there is a bullish divergence on the MACD. Risky trade.
TOTAL2 Rectangular bottomRectangular bottom with a triple bottom, short term bullishness expected. Continuation of bearish trend will likely follow. First time using this chart pattern.
