Sentences with phrase «contracting triangle»
A contracting triangle refers to a pattern made by the price movement of a financial asset or market. It shows that the price is moving in a series of lower highs and higher lows, forming a contracting shape on a chart. This pattern indicates a period of consolidation or indecision in the market, suggesting that a big price move or breakout is likely to happen soon. Full definition
There is a short - term contracting triangle pattern forming with resistance near $ 425 on the hourly chart of BCH / USD (data feed from Kraken).
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There is a crucial contracting triangle forming with support at $ 7,400 on the 4 - hours chart of the BTC / USD pair (data feed from Kraken).
There is a short - term contracting triangle pattern forming with resistance at $ 10.80 on the hourly chart of ETC / USD (Data feed via
There is a crucial contracting triangle forming with support at $ 7,400 on the 4 - hours...
There is a major contracting triangle pattern with resistance at $ 320.00 forming on the 4 - hours chart of ETH / USD (data feed via SimpleFX).
Yesterday's highlighted contracting triangle pattern with current resistance at $ 323 holds the key on the hourly chart of BCH / USD (data feed from Kraken).
To start with, it must be mentioned that apexes can only be referred to on contracting triangles.
There is a key contracting triangle forming with support at $ 5600 on the 4 - hours chart of BTC / USD (data feed from SimpleFX).
There is a new contracting triangle pattern forming with resistance at $ 11.00 on the hourly chart of ETC / USD (Data feed via Kraken).
It once again moved down, and currently there is a short - term contracting triangle pattern forming with resistance near $ 425 on the hourly chart of BCH / USD.
There is also a crucial contracting triangle forming with support at $ 7,400 on the 4 - hours chart of the BTC / USD pair.
This week's highlighted contracting triangle pattern with resistance at $ 320 was broken on the hourly chart of BCH / USD (data feed from Kraken).
There is a short - term contracting triangle pattern with resistance near $ 335.50 forming on the hourly chart of ETH / USD (data feed via SimpleFX).
There is a short term contracting triangle forming with resistance at $ 315 on the hourly chart of BCH / USD (data feed from Kraken).
It seems like there is a contracting triangle pattern forming with support at $ 645.00 and resistance at $ 690.00.
These separate waves can either be a combination of either a flat and a contracting triangle or a flat and a zig - zag.
The most common double combination that is looked at is the combination of a flat and contracting triangle and the least common is that of the combination of a flat and a zig - zag.
These combinations may also be found as part of the entire leg of a contracting triangle; this most likely will occur on a contracting tringle's first leg.
Once the contracting triangle is complete, you will still be able to find value and that will be in the apex of the triangle.
Let's start this discussion by identifying exactly what an apex is as it pertains to a contracting triangle.
This should give you a pretty good idea of how to find an apex when using corrective waves that have contracting triangles.
When you identify a contracting triangle after it is finished (this is where the price is no longer in the range), you will next look for the measured move.
When looking at a corrective wave that contains a contracting triangle to make a trade, you must note the importance of its apex.
There is a contracting triangle pattern forming with resistance at $ 11,400 on the 4 - hours chart of...
There is a crucial contracting triangle forming with support at $ 7,400 on the 4 - hours chart of the BTC / USD pair (data feed from Kraken).
There is a contracting triangle pattern forming with support at $ 600 on the 4 - hours chart of BCH / USD (data feed from Kraken).
There is a contracting triangle pattern forming with support at $ 600 on the 4 - hours chart of BCH / USD.
There is a short - term contracting triangle forming with current resistance at $ 450 on the hourly chart of ETH / USD (data feed via Kraken).
Yesterday's highlighted short - term contracting triangle pattern with resistance near $ 422 on the hourly chart of BCH / USD (data feed from Kraken) was broken.
There was a break above a contracting triangle with resistance at $ 12.00 on the hourly chart of the ETC / USD pair (Data feed via Kraken).
There was a break above a contracting triangle with resistance at $ 457 on the hourly chart of ETH / USD (data feed via SimpleFX).