Building a position in unleveraged natural gas AMEX:UNG in $13-14's Divergence on price/RSI. Falling Wedge Would like to see price get over and hold above daily 50MA Will likely update once that is achieved After 50MA is achieved and held, breakout the wedge and target the 200MA daily for profit. Add on down days and be very patient with this one
What is a Falling Wedge ? A falling wedge is a bullish chart pattern. It typically occurs during a downtrend and is characterized by converging trendlines that slope downward. Here are the key features of a falling wedge pattern: Trendlines : A falling wedge pattern consists of two trendlines. The upper trendline connects the lower highs, sloping downward....
ADYEN : Many patterns and Divergence ROC On the Rise : Detection of : - 2 Falling Wedges -Gaps to Monitor On the decline : -FLAG ( H1) - Divergence ROC -ADX and Di bearish signal -GAPS to monitor
Hello, friends! This is ESS team. We got the KLAYUSDT chart for you! Let's do analyze together. 1. Now KALYUSDT is drawing a bearish extended wave. If it goes up and breaks through the top of the GREEN bearish extended wave and retest safely, KLAYUSDT has a good reason to rise up. 2. The drawn downtrend line is the trend line connecting the two high points...
CRYPTOCAP:DOT has been trapped in a falling wedge that started forming in March after almost touched the 12 usd mark, and just broke out yesterday printing a CHOCH and potentially drawing a higher low in the next hours. Currently the price looks extremely bullish to me and if the plan goes well, we could see it reaching 8 or 9usd very soon. Beware also that an...
Bitcoin is fluctuating within the triangle, so two scenarios can be considered
EDITAS could be in the bottoming process, I am watching it for a few years now. We have a falling broadening wedge, on which we had a breakout already. This is part of a bigger falling wedge (blue). It is techincally possible, we had put in the lows at 6.35 as a wave 5 (as an ending diagonal), which is part of wave V as a last wave, of the biggest Wave (II)....
HBAR Technical Analysis Bullish Falling Wedge pattern on HBAR. SL: 0.09
The recent delay in approving a spot Ethereum ETF by the SEC has dampened some of the bullish sentiment surrounding ETH. This news contributed to the correction from higher levels, alongside a broader crypto market pullback. Falling Channel/Wedge and the $4400 Target: The current chart pattern for ETH/USD does resemble a falling channel or wedge. This pattern...
RNDR Technical Analysis Falling Wedge Breakout SL: 6.859
ETHFI 15m TF Bearish Rising Wedge pattern seen. SL: 3.734
Multiple time frames analysis for EURUSD. Price action & important key levels. Potential scenarios. Trading plan. ❤️Please, support this video with like and comment!❤️
On the above 2-week chart price action has corrected 95% since early 2021. A few reasons now exist to consider a long position: 1) Price action and RSI resistance breakouts. 2) Support on past resistance confirms. 3) Trend reversal. A higher high prints. 4) The wedge pattern allows for a price action forecast to 130. Is it possible price action corrects...
Silver is testing a key daily horizontal support at the moment. I see a strong bullish reaction to that on an hourly time frame: I see a confirmed breakout of a resistance line of a falling wedge pattern and a double bottom formation. I expect a pullback at least to 26.64 ❤️Please, support my work with like, thank you!❤️
Hello dear friends, I hope you're doing well. Before delving into Solana and Bitcoin analysis, let me reiterate two important points for newcomers and myself: 1. If you haven't profited from market dips or experienced severe liquidation, take a few days off from the market. 2. Avoid entering the market for revenge, as emotional decisions could lead to further...
FX:NZDUSD bounces and strengthens towards MA-200 and resistance of the current trend on H1 against the backdrop of the dollar index correction. On D1 the medium-term outlook is clear. There are no prerequisites for the change of the global trend and most likely the fall after the resistance retest may continue. The dollar also at the moment does not give...
Divergence within Divergence. Weekly and Daily Bearish Divergence. Forming a rising wedge on the 4H chart, more divergence. It won’t be long now.
The Yen has taken quite a beating this year, but upon analyzing its price action I noticed it is currently inside a falling wedge which usually breaks upwards most of the time, so perhaps this pattern can help rescue it from further demise. We will know soon enough as its nearing its apex. *not financial advice*