Broadening Wedge

Wave-Trader Wave-Trader TOP USDJPY, 240,
USDJPY: Trend continuation VS Trend reversal pattern
4060 61 126
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 ...

Wave-Trader Wave-Trader TOP NZDUSD, 240, Short ,
NZDUSD: NZDUSD This pair is forming same pattern again
1645 5 63
NZDUSD, 240 Short
NZDUSD This pair is forming same pattern again

Hi fellows, This pair is forming again the same pattern formation which we have seen in past. In past we sold under the trend line of flat channel. Currently we have the same pattern formation so look for sell under the trend line of ascending broadening wedge. In case price break up and extend the price ranges then this pair will remain bearish because it is ...

BTCana BTCana BTCUSD, 240,
BTCUSD: Descending broadening wedge pattern [4H]
274 1 2
BTCUSD, 240
Descending broadening wedge pattern [4H]

Short where you want, long where you like to. Last down move could be coming. Shorts may work out. However, if you've followed my previous chart which had shown all the possible role reversing level ( Resistance into support ) We've just touched the line and going back up again. I've known some traders bought in at the 1000s Level and you might want to hold even ...

Wave-Trader Wave-Trader TOP USDJPY, D, Short ,
USDJPY: USDJPY Expecting sell setup
3410 16 62
USDJPY, D Short
USDJPY Expecting sell setup

Hi fellows, i am expecting breakdown of this ascending broadening with some strong candles. If price break up the upper trend line clearly then i will look for change in trend and change in structure. Once price will hit my upper broadening wedge trend line then i will look for sell based on price action at my upper trend line.

JordanFreeman JordanFreeman CADJPY, 15,
CADJPY: Technical Outlook for CADJPY
26 0 8
CADJPY, 15
Technical Outlook for CADJPY

After topping out in late March, CADJPY began to correct after missed CPI estimates that came in as the lowest reading for the year. In the first few days of the correction, we say a right angled broadening wedge that eventually caused the even stronger bear correction. Once the correction finished over that next week, it bottomed out on the 24th of April 2017 ...

andberg andberg PRO XAUUSD, 240, Long ,
XAUUSD: 20170426 Possible Descending Broadening Wedge on XAUUSD H4
35 0 3
XAUUSD, 240 Long
20170426 Possible Descending Broadening Wedge on XAUUSD H4

Possible falling wedge breakout http://thepatternsite.com/fallwedge.html Inside Possible descending broadening wedge in formation http://thepatternsite.com/dbw.html

neckbot neckbot AUDCHF, 15, Short ,
AUDCHF: AUDCHF: I got broadening wedges in Atlanta.
40 7 7
AUDCHF, 15 Short
AUDCHF: I got broadening wedges in Atlanta.

Please.

hehe hehe SPX500, D,
SPX500: $SPX - The Good, the Bad and the Ugly.
397 5 12
SPX500, D
$SPX - The Good, the Bad and the Ugly.

... imo - the market is in the fourth wave: https://www.tradingview.com/i/7Vuh4SPV/ We have three equivalent scenarios : Three Falling Pekas, Expanded Flat and Descending Broadening Wedge. The effect will be seen after May 9. GL! http://thepatternsite.com/3fp.html http://thepatternsite.com/EWExpanded.html http://thepatternsite.com/dbw.html

theodor87 theodor87 USDCHF, 240,
USDCHF: Falling Wedge Formation
42 0 6
USDCHF, 240
Falling Wedge Formation

Price is making falling wedge pattern. Possible one more down move if price breaks ascending broadening wedge to down side.

alain7 alain7 PRO ETHUSD, 60, Long ,
ETHUSD: ETHUSD to hit 50s
117 0 6
ETHUSD, 60 Long
ETHUSD to hit 50s

Broadening wedge pattern formation on hourly chart. Its short term bullish continuation. We will see prices hit 50s in the next couple of day, subject to price breakout upper trend line with high volume to confirm.

GrowingForex GrowingForex EURUSD, 240, Long ,
EURUSD: Long and short idea (ZR) 29/03/17
100 0 19
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 ...

Dukascopy_Analyst Dukascopy_Analyst USDMXN, 240, Long ,
USDMXN: Bullish retracement to guide USD/MXN
88 1 4
USDMXN, 240 Long
Bullish retracement to guide USD/MXN

Ultimate highs at 21.96 sent USD/MXN packing in a double top formation, and the cross has been trading on a slip ever since. Trend-lines switched slopes, but the pair managed to remain inside the bounds of a channel down pattern for a month, losing amplitude for lows just recently, and creating a bullish setup. Due to the fact that the pair has just broken a ...

SuIXo SuIXo EURJPY, D,
EURJPY: Broadening Wedge
39 0 3
EURJPY, D
Broadening Wedge

A beautiful broadening wedge? Seems if fit the properties perfectly. Breakout target at 124 yens. Go long around 117. Close long if it doesn't close above resistance and wait for the next swing.

CryptoCoinNomad CryptoCoinNomad DASHBTC, 60, Short ,
DASHBTC: Possible DASH Downward Breakout
125 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 ,
JPYEUR: JPYEUR Ascending Broadening Wedges Pattern
18 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 ,
JPYEUR: JPYEUR Ascending Broadening Wedges Pattern
22 0 4
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 ,
EURGBP: EURGBP good long but ...
64 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 ...

wolfstreetswinger wolfstreetswinger NZDAUD, 240, Long ,
NZDAUD: nzdaud - broadening wedge
28 0 4
NZDAUD, 240 Long
nzdaud - broadening wedge

Possible broadening wedge on the nzdaud where we are at major weekly support a drop from here could see a fall to 0.8870 so i would expect a bounce on the long side.

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