Descending Broadening Wedge

patrick186 patrick186 PRO EURNZD, D, Long , a month ago
EURNZD: EURNZD breaking out of bullish descending wedge
42 0 2
EURNZD breaking out of bullish descending wedge

EURNZD has broken out of its descending wedge this week... Easiest way to play this is to let price bounce off the 200/250 ema and 12/30/16 (thin green line) to then pullback to the top of the wedge where the 50/60 ema awaits. Fibs should end up being right in that same area. If this plays out we would also begin the formation of a head and shoulder pattern. ...

BTCana BTCana BTCUSD, 240, 13 days ago
BTCUSD: Descending broadening wedge pattern [4H]
241 0 2
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 ...

RogerS RogerS PRO XAUUSD, 60, Long , 2 months ago
XAUUSD: Gold - Descending Broadening Wedge
116 0 5
XAUUSD, 60 Long
Gold - Descending Broadening Wedge

Just an idea what might happen with today's Trump inauguration speech. Maybe a dump before the speech to 1190 levels to create the last wave E and then up to break the wedge upwards to go to 1220-30 levels. Sure will be volatile so ... do your own homework and trade safe ! --- Descending broadening wedges are continuation chart patterns formed by a channel that ...

SwissView SwissView PRO GM, W, Long , 2 months ago
GM: Sector Rotation: GM Descending Broadening Wedge
71 0 4
GM, W Long
Sector Rotation: GM Descending Broadening Wedge

If ever you like to predict the further direction of an overall stockmarket than keep an eye on any sector rotation as well. Since November we have seen Banks rising. If you follow this trading ideas you might see, that there is an ongoing rotation now into industrials. You see also huge consolidation patterns like in Tesla, GM or the German Automaker ...

pipizer pipizer DXY, 120, Long , 2 months ago
DXY: Descending Broadening wedge
56 0 8
DXY, 120 Long
Descending Broadening wedge

Look out for Descending Broadening Wedge break!

justatrader justatrader PRO EURUSD, 60, Long , 3 months ago
EURUSD: EURUSD, Inverse H&S + Descending Wedge
186 0 11
EURUSD, 60 Long
EURUSD, Inverse H&S + Descending Wedge

Targeting 1.0520 from a reversal off 1.03800. Invalidated on a H4 close below 1.0350.

Born2Bee Born2Bee XAUUSD, 240, Short , 3 months ago
XAUUSD: Descending Broadening Wedge
88 0 4
XAUUSD, 240 Short
Descending Broadening Wedge

If breakout up 1190 then buy. If it does not then sell target below 1160.

VladimirMendoza VladimirMendoza PRO USOIL, 20, Long , 4 months ago
USOIL: USOIL - Descending Broadening Wedge Pattern
43 0 0
USOIL, 20 Long
USOIL - Descending Broadening Wedge Pattern

FOR ME is the new pattern in USOIL after the strong droping today. Be alert and prepare you for long trade. :)

Wave-Trader Wave-Trader PRO USDJPY, D, Short , 5 months ago
USDJPY: USDJPY Expecting sell setup
3397 16 60
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.

Gab Gab XAUUSD, D, Long , 5 months ago
XAUUSD: GOLD - The sky is not falling on your head ... yet ...
105 0 4
GOLD - The sky is not falling on your head ... yet ...

In my opinion, we are still in a pullback since the beginning of July. The correction looks like an a-b-c (zig-zag). We are actually in the last wave to end Primary 2. Possible Fib. retracement from the top are 1250 (38.2%), 1211 (50%) and 1174 (61.8%). Actually, 1240 equals 162% of wave-a ... On a lower time frame, we can see a Descending Broadening Wedge ending ...

Goldfinga Goldfinga XAGUSD, D, Long , 5 months ago
XAGUSD: Bullish Descending Broadening Wedge
72 2 1
Bullish Descending Broadening Wedge

Will recalculate exact numbers when the pattern starts to trade at the Breakout price. There are 2 ways to calculate target price of Descending Broadening Wedges. Lets go with the Breakout Price rather than the Higest High. Breakout Price + ((High – Low) * 79%) = $36

FX123333 FX123333 PRO USDJPY, D, Long , 6 months ago
468 1 11

I suspect USDJPY has hit the double bottom of the previous low structure and has had a breakout to an extent, whereas we can see that this pair has been in the bear market for quite a while. The probability for the trend to create a new lower low is likely, however we can see that USDJPY is starting to consolidate with strong long positions. There has hardly been ...

TraderMentality TraderMentality PRO HAL, D, Long , 7 months ago
HAL: $HAL descending broadening wedge on daily
23 1 3
HAL, D Long
$HAL descending broadening wedge on daily

$HAL descending broadening wedge on daily. Looking for an upside exit.

TraderMentality TraderMentality PRO AMG, 60, Long , 7 months ago
AMG: $AMG descending broadening wedge on 60
7 0 2
AMG, 60 Long
$AMG descending broadening wedge on 60

$AMG Descending broadening wedge on 60. Pos divergence on RSI. Looking for a move higher.

TraderMentality TraderMentality PRO SYF, 30, 7 months ago
SYF: $SYF descending broadening wedge
14 0 1
SYF, 30
$SYF descending broadening wedge

$SYF in a descending broadening wedge on the 30. Looking for an upside move.

TraderMentality TraderMentality PRO JWN, D, Long , 7 months ago
JWN: $JWN descending broadening wedge
11 0 1
JWN, D Long
$JWN descending broadening wedge

$JWN descending broadening wedge on daily. But can it break the 200?

TraderMentality TraderMentality PRO MWW, D, 7 months ago
MWW: $MWW gap fill?
18 0 1
$MWW gap fill?

$MWW has some MAD volume today for a gap up out of descending broadening wedge. If it gets some legs, could fill gap to 4.10s. Very think above 3.50s. Could really move through that area. Although, coming into resistance.

TraderMentality TraderMentality PRO WYNN, D, Long , 7 months ago
WYNN: $WYNN has a date w/ a gap
60 0 1
WYNN, D Long
$WYNN has a date w/ a gap

$WYNN descending broadening wedge within channel up, to gap fill. Void if channel breaks to downside.

1234 Show More Ideas
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out