QNT is currently forming an ascending broadening wedge pattern on daily timeframe. An ascending broadening wedge is a bearish reversal chart pattern. Where the upper line is the resistance line and the lower line is the support line. As we can see in the chart that it´s moves increase with higher magnitudes. This pattern should be traded when the price breaks out...
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Welcome to this quick BTC update. In my previous BTC update, I clearly mention that BTC is at resistance so do not hold your longs and book profits in your long position. Hope you guys listed and save yourself in this dump.
Now, what's the next possible scenario from...
I have sold the $60 and $65 strike FEB 17th calls and bought the $75 JAN 20 Calls for a net credit and i am looking for MDT to pullback to atleast $55 in the next several weeks and it's overall target in time should even be well under $20 but i suspect we will get some bounces at $55 and $24 along the way.
NFLX has been in an uptrend and quite bullish and relatively strong
on the 2H chart an ascending wedge pattern is seen.
Moving Averages confirm the present trend as bullish with no crossovers
and the price above all of them.
Given the ascending wedge I will take a small position now at the trendline
resistance as a swing short. I will add to it if/when price ...
On March 7th, EUR/JPY made a low print of 124.40. Since then, the pair has been moving higher in an ascending wedge formation. On October 21st, the pair attempted to breakout above the top trendline of the pattern, reaching an intraday high of 148.40. However, Japan’s Ministry of Finance stepped in and intervened in the fx markets by buying Yen.
That was the...
Tracking this Ascending broadening wedge on XRP 15 min and a break down of this wedge could be pretty substantial. Proceed with caution and make sure stops are in place because if this does spill it's going to drip rather quickly...
We will be looking for a 3rd, possibly 4th tap of the resistance. Appying the 1% rule to this trade, i will split my overall into 2 trades. ...
1st trade will be the 3rd tap with a 35-40pip S/L.> as GBPJPY you will want a bigger S/L as it moves faster and most spreads reach for S/L's....
2nd trade will be the possible 4th tap of the resistance, to hopefully get...
XRP 15 min showing a very prominent Ascending wedge and currently forming a diamond top, Could see a breakdown to about .48 when looking at the Fibonacci retracement.
Just like in the lead up to the 2008 the REITs have been going up with no sign of slowingh down whilst inside of an Ascending Broadenign Wedge/Channel and has on it's 4th attempt gone above the Supply Line Breifly only to very quickly come back down again and now it's cracked below botht the 21 and 55 Month EMAs; The last time it's done marked the beginning of an...
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Bearish Wolfe waves forming inside an ascending wedge on the daily timeframe charts of the dollar currency index.
We have entered the monthly resistance band of the ascending parallel channel on the monthly charts and we have reached the top of a channel that we have been trading inside on the daily chart. We are approaching the...
Bearish Wolfe Waves forming inside an ascending wedge.
I would wait for price to break the upper Value Area of the volume profile of the current trading range to confirm short entry .
RSI but looks ready for a little move to the downside. Golden pocket on the fib marked as well.
Will trigger myself a high leverage short taking targets first at the golden...
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Welcome to this ETH update.
ETH is forming an ascending broadening wedge pattern in a 4hr time frame which is generally a bearish pattern. After a few hours, the ETH merge event is going to take place and IMO this is the sell the news event. Still, for confirmation, ETH needs...
hello friends,hope you all having a good day!
ETH touched our first target,then,broke out from this acsending wedge.manage your risk properly and set your orders!
good luck!
Large ascending, broadening wedge structure looks to be respected with today's backtest of the wedge's demand line. This comes after a test of the supply line almost two weeks ago and a nearly 9% draw down in price. Coupled with divergence on the oscillators, the more probable result from strictly looking at this TA would be a short term trend reversal to the...
hello friends.BTC looks a little scary right now forming a ascending wedge in 15m time frame.I don't expect BTC to drop much but might be profitable for SCALPERS .
I think this drop is a retest to 20k and a good place to go long.
PREVIOUS IDEA PATH IS STILL VALID!and expect much higher prices for BTC this week.
good luck all!
Elliot Wave continuing from the drop from 25200, ABCDE. Rising Wedge to about 20750-850 (not exact), then a drop from there to 18400-600 as measured from the last drop. Not a guarantee. I haven't entered a short, I might take a swing with my hedge account. Work-In-Progress. This doesn't mean, "short now" but for traders that already have established shorts from...
![BTCUSDT: Quick hit n run [risky] short](https://s3.tradingview.com/r/Rw9e9Zcp_mid.png "Quick hit n run [risky] short")
