Falling Wedge

cicconi cicconi DCRBTC, 240, Long , 15 hours ago
DCRBTC: DCR gonna do it again?
34 0 2
DCRBTC, 240 Long
DCR gonna do it again?

DCR looks to be making another big move up. There was no big selling after the recent move. MACD trending like the last big move. Falling wedge like last time. I decided to try out fib time extensions, even those line up well. Side note, I tried the fib time extensions out a little bit on this chart - they seem to work very well in backtesting.

CompassFTA CompassFTA USDJPY, 60, Short , a day ago
USDJPY: USDJPY shortterm falling wedge
35 0 5
USDJPY, 60 Short
USDJPY shortterm falling wedge

there seems to be a falling wedge with some opportunity to do some scalping on the bearish movement before it retraces then head further down. keep at high out to go long as well when it reaches previous support level. but for now go short and make some small profits.

waynebrueggemann waynebrueggemann EURUSD, D, Short , a day ago
EURUSD: EURUSD Daily Falling Wedge
63 0 10
EURUSD, D Short
EURUSD Daily Falling Wedge

Waiting for a short signal in the keyzone.

Kumowizard Kumowizard PRO EURCAD, D, a day ago
EURCAD: Where is the strength?
42 0 8
EURCAD, D
Where is the strength?

- Ichimoku has bearish bias, but since 16/February momentum and strength has disappeared. - It seem 1,38+ is a very hard resistance for this pair - Heikin-Ashi shows consolidation. haOscillator is above center line.haDelta+ is also flat, slightly below center line - EWO is bearish - MACD is below zero, but flat. May cross up --> lack of momentum, consolidation ...

FxWirePro FxWirePro PRO USDJPY, 240, Short , a day ago
USDJPY: USDJPY dives in falling wedge, bears pop up doji & shooting star
156 0 4
USDJPY, 240 Short
USDJPY dives in falling wedge, bears pop up doji & shooting star

USD/JPY plummets in falling wedge, bears pop up long leg doji and shooting stars – Stay short via tunnel spreads on bearish SMA crossover: The current price behavior of this pair has been sliding through falling wedge formation (refer 4H chart). Long-legged Doji and shooting star to evidence more slumps, current price have gone below 7EMAs on the weekly ...

ZainSaeed ZainSaeed USDJPY, 240, 2 days ago
USDJPY: USDJPY support for BUY
114 0 9
USDJPY, 240
USDJPY support for BUY

here we are on a good support if we see the previous zone we can see the same thing that is happen before the drop so i am looking form buy between 112.70 to 112.40 with the sl of 100 pips for target 200 as a first target and 300+ pips for the second target if we see a good price action signal here on support and confirmation also needed form price action on h4 ...

Wave-Trader Wave-Trader PRO EURCAD, W, Long , a month ago
EURCAD: EURCAD Up trend is emerging
1348 1 36
EURCAD, W Long
EURCAD Up trend is emerging

Hi fellows, we can see that impulse is forming at the bottom my longer term view is bullish on this pair. it seems to me that corrective bearish mover is about to end and new trend is emerging. My first target is with the falling wedge. I will look for buy on lower time frame if price start to form trend continuation patter. If i will see that i will update this ...

Technician Technician TOP CADCHF, 240, Long , 2 years ago
CADCHF: (J) Trade 9: Bullish Three Drives #Forex
3399 27 117
CADCHF, 240 Long
(J) Trade 9: Bullish Three Drives #Forex

Update: Target Reached without entry Trade Cancelled. =========================================================================== Trade 9: Pending Long CADCHF @0.7465 S.L @ 0.7420 T1 0.7520 T2 0.7585 For $29,798.94 Balance, Position size = 1.1 lot =========================================================================== Reasoning Retesting daily broken ...

Wave-Trader Wave-Trader PRO USDCAD, 240, Long , 11 days ago
USDCAD: USDCAD Buy on lows................!!!!!!!!!!!!!!!!!!!!!
2126 7 41
USDCAD, 240 Long
USDCAD Buy on lows................!!!!!!!!!!!!!!!!!!!!!

Hi fellows i am anticipating buy setup with in the falling wedge and looking for change in short term bearish trend...........................!!!!!!!!!!!!!!!!!!!!!!!!!!!

EXCAVO EXCAVO TOP NGAS, 180, Long , 5 days ago
NGAS: NATURAL GAS
882 5 52
NGAS, 180 Long
NATURAL GAS

NATURAL GAS i see reversal pattern - Falling Wedge

nikitafx nikitafx EURUSD, D, Long , 4 days ago
EURUSD: EUR/USD wave 5-ABCDE with bullish wedge breakout ?
188 0 9
EURUSD, D Long
EUR/USD wave 5-ABCDE with bullish wedge breakout ?

I would say that EUR/USD had already been bottomed because its bullish wedge pattern with 5-ABCDE was breakout since 4-E. The bottom was 1.0340. Green wedge was breakout with 1.0654's Spike & 1.04539's drop (but formed a Rejection candle at the older bottom level ) If 1.04539 won't be breached EUR/USD is heading for Big upward move. Nikita FX ...

BD_Trading BD_Trading XAUUSD, W, Long , 2 months ago
XAUUSD: GOLD Falling wedge
288 0 14
XAUUSD, W Long
GOLD Falling wedge

Looks like this is a falling wedge which it broke and now back to retest. Let's wait and see the price action at 1130-1150 levels.

MorshedMustafa MorshedMustafa GBPAUD, 240, Long , 4 days ago
GBPAUD: HEADING UP FROM MONTHLY SUPPORT
40 0 5
GBPAUD, 240 Long
HEADING UP FROM MONTHLY SUPPORT

Waiting for 4 hour close to retest wedge and head up. Simple risk reward set up, buying the breakout.

glennmercer glennmercer PRO EURAUD, 240, Long , 4 days ago
EURAUD: EURAUD Elliott Wave Count:  Falling Wedge on 4H = Buying Opp.
258 1 17
EURAUD, 240 Long
EURAUD Elliott Wave Count: Falling Wedge on 4H = Buying Opp.

This pair has completed a potential falling wedge. Until the first bullish is confirmed with a subsequent more powerful bullish impulse, however, it will be considered an aggressive long. I like a small aggressive position near the completion of an A=C zig-zag and a larger position at the conservative confirmation level. Keep in mind, though, that a drop below ...

StevenK.Fisher StevenK.Fisher NZDUSD, 60, Long , 5 days ago
NZDUSD: NZD/USD falling wedge ABC
45 1 6
NZDUSD, 60 Long
NZD/USD falling wedge ABC

NZD/USD falling wedge ABC

LoneFox LoneFox PRO USDTRY, 240, 11 days ago
USDTRY: USDTRY: Falling Wedge & Hitting Support
176 0 9
USDTRY, 240
USDTRY: Falling Wedge & Hitting Support

I have an order at 3.6048. Will update this idea everytime I see something or do

MihaiBot MihaiBot USDJPY, 240, Long , 19 days ago
USDJPY: USDJPY
133 0 1
USDJPY, 240 Long
USDJPY

AB=CD Pattern will complete, Falling Wedge Pattern

MorshedMustafa MorshedMustafa EURGBP, 240, Long , 5 days ago
EURGBP: TRENDLINE BREAKOUT ON THE 4HR
25 0 3
EURGBP, 240 Long
TRENDLINE BREAKOUT ON THE 4HR

Falling Wedge on the 4 hour. Trendline has been retested on the 4 hour.

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