AUDUSD H1 Broadening Top patterns & Short Setup SHORT AUDUSD @ 0.724 SL @ 0.727 (30 Pips) TP @ 0.7186 (54 Pips) RR: 1.80, SWING Setup! Enjoy our limited Content and Setups, leave us a like and Comment!!
USDCHF H4 Broadening Top patterns & Short Setup LEVELS SHORT USDCHF @ 0.99 SL @ 0.992 (20 Pips) TP @ 0.978 (120 Pips) RR: 6, SWING Setup! Enjoy our limited Content and Setups, leave us a like and Comment!!
Descending Broadening Wedge (Bullish), Also some Bull Divergence in the RSI. This is not financial advice, I'm a beginner and I've never charted these patterns before. The horizontal black line is the support since 2013 - which is now probably a big resistance. The bulls need to get the price above it in the next few days. -Hawk
Ominous portents. Broadening top in September led to the microcrash in October and US Equities have been struggling since. November usually one of the best months for stocks, has only been a down month in 3 years of past 20; those were in Bear Markets... Some very fine textbook chart formations appearing over past few months. The Zig-Zag Correction has led to...
First of all - Technical analysis of any sort is based on historical price action. Any future price action prediction is a theoretical view of an author in regards to speculated price movement. Trader/analyst/investor by using chosen set of tools hopes to gain profit from those trading pairs which seems to follow rigoristic criteria. Icon/Bitcoin is now one of...
BOX forming descending broadening wedge here. Might touch red circle first before seeing Target 1 or 2. Targets are set at previous support zones, which are now resistance zones.
cadjpy forms a broadening pattern, the price will drop during the trendline breakout
cadjpy forms a broadening pattern, the price will drop during the trendline breakout
Signs I think are showing us an opportunity to short again: -BTCUSD looks ready for the continuation downward to "C" heading for completion of the corrective wave down from $7400. -Price looks like its worked its way up then bounced back down from an area around the .5 & .618 fib retracement of the previous fall. -BTCUSD appears to be heading for...
After identifying a macro bullish giant broadening wedge with the price in a pull-back, we bolstered our previously existing shares by purchasing a 20% larger position. Continuing to hold within our long-term portfolio.
Traditionally, as seen historically with broadening descending wedges , we may see a breakout up to the low $7000s soon. These types of moves happen quite often in these patterns, 3 touches of the bottom of the wedge and 3 touches of the top followed by a partial decline before the breakout. Warning: I am currently in no position, I will wait for further...
Got this on the 39 minute chart, the crazy part about this is that the price target measurement lines up perfectly with the established trend line, let's see what she ends up doing.
SPX 30 min chart shows a megaphone/flag continuation pattern. Bounced off trendline support today. More bullish than bearish short term.
Its a 4h broadening wedge. I see it happening. It also works out good with my previous charts. Hope you make some nice profits gents. Goodluck to all!
the price is in a uptrend and have constructed higher highs and higher lows. on the chart we have a minute waves where wave ((iv)) is completed and the price is ready to move another leg up. if the price beaks the 0.89690 it could go back to testing the 0.89180 level and invalidate the current technical analysis. a cup and handle formation is also formed with...
Dear Friends :) No speech. No intros, no long stories, let's just jump in... Once again we are taking a look at our favorite coin. And once again we will take a look at the 4h BTC/USD Chart. We will never be tired of Bitcoin. And after a long day of sideways movement, Bitcoin has to make a decision very soon - and we are in for a treat! We will soon see...
If we were to complete the measured move within the broaden descending wedge, BTC will be bottomed around 14th, which is the same day as NY Consensus. Broaden descending wedge is a bullish pattern that targets right below 10K with over 70% chance.
Although we are in a downtrend from the 9/27 cross on the Daily this could be what breaks us out. We seem to be respecting the Ascending Broadening Wedge as depicted here: excellenceassured.com I am bullish with Consensus meeting today and New Moon in Taurus, the sign of the Bull Tomorrow, Tues. May 14th.