Ascending Broadening Wedge

GrowingForex GrowingForex PRO EURUSD, 240, Long , 21 hours ago
EURUSD: Long and short idea (ZR) 29/03/17
84 0 6
EURUSD, 240 Long
Long and short idea (ZR) 29/03/17

Dear Trader, 1-There are two types of channel on eurusd chart, First bullish channel and second bearish channel respectively. 2- If price doesn't break bullish channel as well as bearish channel then price may rally upto 1.0960- 1.0970, after reaching this level price may fall upto 1.0800-1.0790. 3- If price reaches to the level of 1.0800 from ...

CryptoCoinNomad CryptoCoinNomad DASHBTC, 60, Short , 16 days ago
DASHBTC: Possible DASH Downward Breakout
124 0 5
DASHBTC, 60 Short
Possible DASH Downward Breakout

We've been observing an ascending broadening wedge getting steeper upwards (perhaps far too steep). It now looks most likely that we won't reach the price at the top level of the wedge (~0.0809 / ~$81.50) without a significant pullback first.

andrew-profit-trader-winner andrew-profit-trader-winner JPYEUR, D, Long , 17 days ago
JPYEUR: JPYEUR Ascending Broadening Wedges Pattern
8 0 3
JPYEUR, D Long
JPYEUR Ascending Broadening Wedges Pattern

(Stop Loss @ 0.00855) equal to Support Area, less than than means price action enters bear market. (Take Profit @ 0.00864) inside the wedge, as my trade setup is Risk/Reward Ratio 4.66

andrew-profit-trader-winner andrew-profit-trader-winner JPYEUR, D, Long , 17 days ago
JPYEUR: JPYEUR Ascending Broadening Wedges Pattern
15 0 3
JPYEUR, D Long
JPYEUR Ascending Broadening Wedges Pattern

(Stop Loss @ 0.00855) equal to Support Area, less than than means price action enters bear market. (Take Profit @ 0.00845) inside the wedge, as my trade setup is Reward Risk Ratio 3:1.

PashaUstimenko PashaUstimenko EURGBP, W, Long , 22 days ago
EURGBP: EURGBP good long but ...
59 0 6
EURGBP, W Long
EURGBP good long but ...

We are green on M, W, D and even on 4h chart what give bullish view on this pair - so no doubts with direction. UP Price respect yearly ascending channell making HL and HH. UP Currently moving in Ascending broadening wedge and seems that ready to brake dynamic TL. UP BUT What about median line of this ascending channel, seem that it is play not the last role ...

DylanMorgan DylanMorgan PRO AUDCHF, W, Short , 2 months ago
AUDCHF: Weekly Outlook for AUDCHF
181 0 15
AUDCHF, W Short
Weekly Outlook for AUDCHF

There is an ascending wedge forming on the weekly chart of AUDCHF. I am expecting a reversal soon so keep your eyes out for a big move to the downside.

DylanMorgan DylanMorgan PRO NZDJPY, 60, Long , 2 months ago
NZDJPY: Amazing Setup on NZDJPY
151 1 12
NZDJPY, 60 Long
Amazing Setup on NZDJPY

Here I am looking for another leg up to continue the broadening ascending wedge on NZDJPY. Good luck and safe trading

DylanMorgan DylanMorgan PRO USDJPY, 60, 2 months ago
USDJPY: USDJPY Idea
129 0 12
USDJPY, 60
USDJPY Idea

Wait for the down move to form in order to initiate long positions to the upside. Good luck everyone

Wave-Trader Wave-Trader PRO USDJPY, 240, 4 months ago
USDJPY: Trend continuation VS Trend reversal pattern
3934 61 122
USDJPY, 240
Trend continuation VS Trend reversal pattern

Although both patterns formation is quite same. 1. Ascending broadening wedge ( Trend reversal pattern ) 2. Expanding triangle ( Trend continuation pattern ) Ascending broadening wedge forms with the divergence. If 1st impulse is sharp then it gives signal that trend is going to reverse. Expanding triangle forms most of the time against the divergence. If ...

mango mango GBPJPY, 240, Short , 4 months ago
GBPJPY: Looking for short position
82 0 2
GBPJPY, 240 Short
Looking for short position

Looking for short, with good risk reward trade. Price has hit the top of daily bearish trend line and formed ascending broadening wedge. A rising formation breaks out downward 70% of the time. We also have divergence on RSI.

ranggawardonce ranggawardonce XAUUSD, 60, 4 months ago
XAUUSD: Todays Roadmap
69 0 3
XAUUSD, 60
Todays Roadmap

Gold is in downtrend mode on H4 Lower time frame is making ascending broadening wedge,, we can trade buy until 1220-1222 before turning down into broken this wedge

chefdrewmem chefdrewmem GOLD, 240, 4 months ago
GOLD: ascending broadening wedge Price target 1242
94 0 2
GOLD, 240
ascending broadening wedge Price target 1242

ascending broadening wedge will return price to the price of formation beginning

InsiderB InsiderB AUDUSD, 60, 5 months ago
AUDUSD: Short Audusd : Broadening Wedge Breakout
382 0 19
AUDUSD, 60
Short Audusd : Broadening Wedge Breakout

Hi Guys, After consolidating for last few sessions, we got breakout in AUDUSD, wait till this hourly candle close and ensure it broke the broadening wedge lower trendline. After valid analysis initiate shorts in AUDUSD based on your risk reward with stops above previous swing high aiming for 0.7600's as Target 1 in Audusd. Note : Current Audusd ( hourly candle) ...

Kantardziski Kantardziski PRO SPHS, M, Long , 6 months ago
SPHS: Sophiris (SPHS) Multi-month Ascending Broadening Wedge - Bullish
89 0 1
SPHS, M Long
Sophiris (SPHS) Multi-month Ascending Broadening Wedge - Bullish

SPHS is in a multi-year ABW and with the latest partial decline, in addition to other important fundamental and technical factors, it will likely breakout upwards - To infinity and beyond!!

fxice fxice NZDUSD, 240, Long , 7 months ago
NZDUSD: NZDUSD Ascending Triangle (Continuation)
38 0 0
NZDUSD, 240 Long
NZDUSD Ascending Triangle (Continuation)

NZDUSD Ascending Triangle (Continuation)

FX123333 FX123333 PRO EURGBP, 240, Long , 7 months ago
EURGBP: EUR/GBP ANALYSIS WEDGE PATTERNS, POTENTIAL TARGET POINTS.
85 0 5
EURGBP, 240 Long
EUR/GBP ANALYSIS WEDGE PATTERNS, POTENTIAL TARGET POINTS.

Wedge pattern broke, the continuation of the trend must carry on moving, I believe the trends movement would be slightly bullish as the euro is gaining strength. I have placed targets of where the trend may roughly go. The current potential bullish wedge may be giving the trends formation in where the type of movement would be directed. Current point: ...

TraderMentality TraderMentality PRO MCD, D, Short , 7 months ago
MCD: $MCD ascending broadening wedge on daily
20 0 2
MCD, D Short
$MCD ascending broadening wedge on daily

$MCD ascending broadening wedge on daily w/ gap open below. Expecting move to fill gap to 105s.

TraderMentality TraderMentality PRO FDX, D, Long , 7 months ago
FDX: $FDX Inverted H&S
27 0 1
FDX, D Long
$FDX Inverted H&S

Potential inverted head and shoulders on $FDX daily into an ascending broadening wedge. Expecting a nice move up from here.

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