S32 is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of upper trendline or support zone for entry, stoploss at last swing low and will be moving SL to BE when safe to do so.
A few qualifications for this trade are... •Falling Wedge Pattern •“Hidden” Divergence on the MACD. If we start trading back above 1.0900 and the pivot zone, a target of 1.1150 (Median level) wouldn’t be unreasonable. I'm going to keep an eye on long positions and see if we can begin trading higher.
As we can see that candyusdt forming a falling wedge with bullish divergence after printing double bottom pattern. If the bulls took control , the possible resistance level are mentioned. NFA DYOR
The INDEX:DXY is hitting resistance of massive broadening wedge. Big move up or down coming. If it closes above the wedge line, look for it to climb higher. If it can't break through, look for it to retest the bottom of the wedge. If it starts to fall, stocks and Bitcoin will rally. INDEX:DXY COINBASE:BTCUSD NASDAQ:QQQ
Solana is approaching the med-term trend line which is also at the point of a huge symmetrical wedge. Solana is going to make a BIG move soon. History says trend is your friend so if that holds true look for a test of the top of the channel. If it breaks through the top of the channel and resistance trendline and closes above on the daily, look for a big move...
Looking for Impulse Up. AudNzd moving up soon. AN formed a bullish wedge pattern to move up. You have to wait for TL break out with strong bulls candle then get in on retracement. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the...
EUR/JPY - M30 Chart - Rising Wedge Formation Price Breaks the pattern now. its Good chance to sell. Lack of Major News: So far today, there hasn't been any major news impacting the EUR/JPY pair. Thank You.
BTC is currently in an ascending wedge with bearish RSI divergence wait for a break of trendline before taking a position with stoploss at last swing high with target at next area of support, moving SL to BE when safe to do so and then follow with a trailing stop looking for a bigger move down. Good luck traders.
✅GBP_CHF is going up now And the pair is forming a Bearish wedge pattern so After the retest of the Horizontal resistance above At 1.0845 I will be expecting A bearish breakout and a Local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
OHI has broken out of an ascending wedge with bearish RSI divergence now retesting support. Look for a break of trend on smaller timeframe for entry, SL above last swing high moving SL to BE when safe to do so.
Hi folks today I'm prepared for you Euro analytics. Some time ago price reached the trend line, after which it rebounded and started to trades in a wedge, where it soon rose to the resistance line, thereby breaking the 1.0900 support level, which coincided with the support zone. After this movement, the EUR made a correction to the support zone, and then rose a...
Looking for Impulse Down. GbpUsd moving down soon.It is on retracement now. You should look for entry on lower Time Frame. GU formed a bearish rising wedge pattern to fall. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the...
Hi folks today I'm prepared for you XAUUSD analytics. If we look at the chart, we can see how the price a few days ago declined from support 2, which coincided with the support zone to the trend line. After this movement, the price rebounded from this line and made impulse up back to support 2 and soon broke this level. Also, Gold started to trades in a wedge,...
EPC has broken out of a descending wedge with bullish RSI divergence just looking for a retest of support and bounce for an entry.
✅CRUDE OIL was trading in a Rising wedge pattern but then We saw a breakout and a retest Of the wedge so now I am Locally bearish biased and I think that a move Down will follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The chart currently displays a rising wedge pattern on BITSTAMP:BTCUSD , a configuration often preceding a bearish reversal. Despite the recent price decline, the market trend is still upward, and prices are consolidating within the expected range. Currently, the price is positioned in the middle of the wedge's range, indicating a neutral stance. Traders should...
AG is currently in a descending wedge with bullish RSI divergence. Wait for a break of upper trendline for entry, stoploss below last swing low. Will be moving SL to BE when safe to do so.
As can be seen in the chart, there is a falling wedge pattern in the chart, which is a naturally a reversal chart pattern and is regarded as an intrinsically bullish formation. This chart pattern is occurring at the important Fibonacci level of 38.2%, and the fact that we have bullish divergence between price and the stochastic oscillator in 4-hour timeframe adds...