Ascending Broadening Wedge

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.

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

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

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) ...

NZDUSD Ascending Triangle (Continuation)

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: ...

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

Hey Guys, Happy Monday... We got one of the broadening types of wedge pattern and right now CoalIndia is moving between the upper n lower trendlines of wedge pattern. We can't trade at this moment using this pattern. But wait for the breakout,Once the breakout happens enter the direction of breakout. Sometimes due to volatility of market false ...

This is a buy setup for the MCDONALDS stock, I expect another up move after the retracement which is currently taking place. Good luck with your trading guys and thanks for the support!

EURCHF Ascending Broadening Wedge, Fanning of Moving Averages Ascending Broading Wedge is low on probabilities of bullish reversal, but it does happen and has historically with this pair. However, the price action typically moves down further as a false sell off before a reversal. Bulkowski The confluence of the fanning of the moving averages is also historical ...

Buy gold until $1331 as resistance trend line. Then sell gold as target at support trend line.

Two probably patterns 1. Head & Shoulders : Target #1 at 1108 2. Ascending Broadening Wedge : Target #2 at 1085 If breakout resistance trend line two patterns is invalid.

Percentage meeting price target for down breakouts is 58%.

Following up on a topic we covered in last week's Monday session. Here's a perfect example of how you can have a trading opportunity that is both Counter Trend & Trend Continuation at the same time. Remember gang, the market moves in fractals, meaning there are moves within moves and trend withing trends, within trends. Akil Stokes Chief Currency Analyst & ...

Good Monday traders. Here is the first setup of the week. We have a pure structure based shorting setup on FX:NZDUSD. The market is moving in the wedge currently and I am waiting the price to enter the Red Zone and fall all the way down. The reversal zone is between the structure resist and the fibs 61.8 with the confluence of look left structure. We should wait ...