How happy are you with the content on our FBS Telegram channel? Tell us what you love and what we could improve in the comments!
Anonymous Poll
49%
🤩 It’s awesome!
32%
😊 It’s good
11%
😐 Neutral
4%
🙁 Not really
4%
😡 Don’t like it at all
❤65💯15👍10🔥5🆒4😍3🥰2🤩2
Hey traders! Ready to sharpen your technical analysis skills? Let’s talk about one of the most reliable bullish patterns: the Ascending Triangle.
The Ascending Triangle often signals a continuation of an uptrend and hints at a strong bullish breakout ahead. Here’s how to spot and trade it effectively:
Look for a horizontal resistance line at the top and a rising trendline connecting higher lows below. This shows that buyers are steadily gaining strength against the resistance.
Patience is key. Wait for the candle to close above the resistance line — that’s your confirmation of momentum shifting upward.
After a confirmed breakout, you can enter a buy position. Place your stop-loss just below the breakout candle or the most recent higher low to control risk.
Measure the height of the triangle and project it upward from the breakout point — this gives you a realistic take-profit level.
Sometimes the price pulls back to test the former resistance, which now acts as support. A successful retest can offer a great second entry opportunity.
#education
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤103👍26✍13🔥7🤝5😎4💯3😍1🐳1🤣1
Here are 8 patterns worth keeping in mind:
A bullish pattern with two lows at roughly the same level — a sign of a possible upward reversal. A breakout above resistance confirms the move.
A bearish pattern with two highs at the same level — a signal of a potential downward reversal. A breakout below support confirms the decline.
A bearish pattern where the central peak is higher than the two side peaks. A breakout below the neckline indicates a reversal to the downside.
A bullish version of the previous pattern. A breakout above the neckline signals the start of an upward move.
A bullish continuation pattern shaped like a cup with a handle. A breakout above resistance signals the continuation of the uptrend.
The bearish counterpart, pointing downward. A breakout below support suggests the continuation of the downtrend.
A diamond-shaped pattern formed by converging highs and lows. A breakout upward signals a continuation of the uptrend.
The same formation, but a breakout downward indicates a continuation of the decline.
#education
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤99👍24🔥10🎉3⚡2✍2😍2💯2🐳1
#MarketNews
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤44👍12🔥7✍2⚡1🥰1🎉1😍1
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤59🔥22👍13🎉3⚡2😍2💯2✍1🥰1😨1🆒1
#TradeIdea
Please open Telegram to view this post
VIEW IN TELEGRAM
❤53🔥9👍6🥰2😍2🎉1🤝1
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤36👍14🔥7🎉3😍2🥰1
The asset is showing growth. The price is testing the level of a global downtrend on the weekly timeframe (1W) and has reached resistance at 154.36 on the daily timeframe (D1). If this level is broken, the trend may shift to a global uptrend with a potential rise to 158.00.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
❤44👍13🔥6✍1🥰1😁1😍1💯1
Tuesday, November 04:
Wednesday, November 05:
Thursday, November 06:
Friday, November 07:
A brief overview of US.Dollar:
#weeklydigest
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤47🔥8👍5🤝5😍2😎2🥰1🎉1
Please open Telegram to view this post
VIEW IN TELEGRAM
❤37👍10🔥5🆒3✍2😍2🥰1
The price is showing growth, with each low and high higher than the previous one. The asset has approached a critical resistance level at 1.4061. If this level is broken, the rise may continue toward 1.4173.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤40👍11🔥5✍2😍2💯2🥰1
#Motivation
Please open Telegram to view this post
VIEW IN TELEGRAM
❤91🔥25😁9😍9🥰2💯2😎2🎉1🆒1
#MarketNews
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤47👍11✍3🔥2🥰2⚡1😍1
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤32👍8😍5🔥3🥰3✍2🎉1🤩1💯1🆒1
The asset tested a strong support level at 47.50 and halted its decline. Currently, the price is moving toward resistance at 48.15. If this level is broken, the local structure will turn bullish, and a modest upward move can be expected.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤33👍13🔥5🎉3🤝3😍2🆒2🥰1
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍25❤18✍3🥰2🎉2💯2🤯1😍1🤝1🆒1
The asset failed to reach a new high and is now showing a decline. The price is near support at 63.50. The AO indicator confirms the likelihood of further downside.
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤25👍10🔥3🥰3💯3⚡2🆒2😍1