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Trinaglebreak

NZDUSD Triangle Breakout? 02.03.2023The Pair has formed a Triangle that was recently broken and the price is moving downwards. The green arrow shows the next support that was formed taking into account the size of the triangle. There a re no major news affecting this pair so we expect the pair to move in one direction today. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
Short
by Stuart_Cowell
3
BNB setup pattern with some fundamentalsso here's the chart as you can see, bnb is forming a ascending tringle pattern and looking bullish to me, it preformed pretty well and kind of out preformed most of the market after this flash crash, and mainly because of the very high trading volume that the market is experiencing and Eth is having a very big struggle with gas fees these days, and binance is having it's great run (all this is predections of why everything is happening) so we expect it to be up for the currenct time, BNB and things that are on BSC. so the techincals of the chart, it's simple, a nice ascending tringle is forming now and expect to bounce up soon, best time to buy is the in $480-500 area, and we may see binance coin jumps up to $570, it's next resistance line. leave a like if you liked this analysis and please do your own research, all this isn't a financial advise
Long
by adamtareq138
USDJPY - Triangle - BullishAfter a large upswing in the USDJPY, a Triangle pattern formed and price closed above the formation. This is a bullish signal. Notice that the Triangle formed right on the downward trend line from the daily chart. A successful move up in price could mean prices will continue moving up until much higher levels. Stop loss below point D. Take profit at length of AB. Make sure to notice resistance levels along the way and take profit there. Happy Trading!
Long
by nadavhurwitz
1
Banknifty Daily Review - 1 September 2020#banknifty - Index formed a spinning candle in today's session, spinning candle is an indecisive candle, which indicates both bulls and bears are struggling to take prices in their direction. The important thing to note here is that the previous day low is still protected and prices did not go below it. Secondly, the support that I identified, can also be seen held in the attached intraday chart, which is indicating that prices are forming base support and may trade in a range for a while. #Pattern Symmetrical triangle formation can also be seen on intra-day charts, hence breakout will decide the further direction in the index, However, odds of triangle breakout generally stay in favour of the previous trend. Hence 23590 becomes an important level, if broken, index may see 23000 and 22350 levels on the downside. Intraday resistance comes around 24057 and major Resistance levels remain the same as described in yesterday's post.
NSE:BANKNIFTY
by manuagarwal21