CAKE/USDT - descending broadening wedge projection
The possibility of a fall (50-60%) in the coming days and the opportunity of re-buying.
thepatternsite.com Broadening Formations, Right-Angled and Ascending: Trading Tips Measure rule: Compute the height from the highest peak (point A in the Measure Rule figure to the right) to the horizontal trendline (B) and multiply it by the above 'percentage meeting price target.' Add the result to the highest peak (A, upward breakouts) or subtract it from the...
Hello everyone, First of all excuse my english, plus, this is my first ever Tradingview idea I decided to publish. Yay! These days everyone talking about bear market is about to hit us, so I was like let me check $DJI and see if I can figure something :D I consider myself a beginner with technical charts & I really like classical pattern trading so I wanted to...
After the gap up opening tonight, S&P500 displays a cautious but noticeable uptrend in a broadening range. Expect slowly increasing volatility, but with proper entry and exit points, this does provide an opportunity to make profits both on the way up and on the way down.
I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 71% TARGET (EXIT) PRICE = 18.49 USD BREAKOUT (ENTRY) PRICE = 19.51 USD DISTANCE TO TARGET PRICE = 4.45% EMERGED ON = Nov 09, 07:00 AM (EST) CONFIRMED ON = Nov 10, 10:11 AM (EST) WITH CONFIDENCE LEVEL = 78% The Broadening Top pattern forms when a security...
I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 82% TARGET (EXIT) PRICE = 12.07 USD BREAKOUT (ENTRY) PRICE = 20.50 USD DISTANCE TO TARGET PRICE = 41.23% EMERGED ON = Oct 30, 12:00 PM (EDT) CONFIRMED ON = Oct 30, 03:39 PM (EDT) WITH CONFIDENCE LEVEL = 95% The Broadening Bottom pattern forms when a security...
Hi and welcome to my analysis on SAP (NYSE, USD). Yes, we had some news from the software provider that attracted sellers. Trading in Germany on XETRA is closed and no prisoners were taken... In my first chart you can see a broadening top in the stock. SAP was not able to activate this formation to the upside in September...the upper trendline produced heavy...
I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 77% TARGET (EXIT) PRICE = 77.06 USD BREAKOUT (ENTRY) PRICE = 75.17 USD DISTANCE TO TARGET PRICE = 2.53% EMERGED ON = Oct 07, 12:00 PM (EDT) CONFIRMED ON = Oct 07, 12:12 PM (EDT) WITH CONFIDENCE LEVEL = 87% Once the price breaks out from the top pattern...
I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 66% TARGET (EXIT) PRICE = 166.29 USD BREAKOUT (ENTRY) PRICE = 162.17 USD DISTANCE TO TARGET PRICE = 2.83% EMERGED ON = Sep 24, 12:00 PM (EDT) CONFIRMED ON = Sep 28, 09:30 AM (EDT) WITH CONFIDENCE LEVEL = 74% A broadening bottom can be characterized as a...
XRP is not my favorite project but my investments are diversified and I think XRP is a category in and of itself (I'm here for the tech and wealth). This is not financial advice, only my opinions based off my personal research. Firstly I love Descending Broadening Wedges, they are very effective for calling bottoms, I have a chart where I called the absolute...
The Major pattern is the Broadening pattern which stock is following since last year October 2019, it has almost doubled from then. but if you see from April2020, the stock was consolidating sideways forming channel pattern. So indirectly it contributed towards flag formation, it has broken upside. Technically, There are 2 Targets , Channel and Flag Formation T1...
$SPY $AAPL $SPX $QQQ $HD Picked up some September EXP puts on $HD because of this Megaphone top + RSI divergence.
In my point of view, we are in an Expending Triangule with 3 major options: A ➜ If June ends above the US$ 9,750, breaking the market structure, the next target will be our all time highest high near to US$ 18,000, but I think its is Improbable. B ➜ Closing June bellow US$ 9,750, we will still inside this long bear trend, aiming to test the bottom of the...
Broadening Wedge Patterns - “Megaphones” A Broadening Wedge is a range where the price is holding between two trend lines that are moving apart. The pattern is also named a “Megaphones” because of its shape. These chart patterns are similar to triangles, wedges, flags and pennants. Broadening Wedges can be either Bullish or Bearish depending on how...
Evening Trader’s What a historic day in Bitcoins price – assessing the situation, Bitcoin is trading in a probable broadening wedge pattern on the weekly timeframe. Points to consider, - Immediate trend parabolic - Resistance line tested - Moving Average support - RSI crossed 50 - Stochastics projected up - Volume tapering of BTC has had an insane pump...
please show support by liking this analysis. I am not a financial advisor and i do not recommend taking any of my trades because of the risk. This analysis is purely for entertainment only and a possible idea what could happen with the market. If you have any questions feel free to ask, i would gladly help. +BlackStockOfficial Rene Pungartnik
USOIL is trading in a broadening pattern. It just tested the support zone. If it is able to hold the support then it is likely headed for the top of the pattern. All bets off if the pattern is broken downwards. Disclaimer: Not a recommendation to buy or sell. Long term chart is also posted here.