The EURUSD is going up right now, but it looks like a dead cat bounce rally. It was a nice short-term bull market! We need to focus on the main direction of the trend, which is bearish. I think EURUSD will go up to 1.06311, where there is an extremely strong resistance that should be a reversal point. This is a once-in-a-lifetime chance to short EUR/USD!Follow...
BTC broke down from the respected trendline that was formed on the 11 Nov on the hourly time frame. Could this be a bear trap? BTC still setting higher low though. Now for the bearish scenario i would anticipate more downside to come as on the daily chart we have a large falling wedge pattern. Im looking at 16438.74 for a relief bounce. if that plays out. BTC 1H & Daily
The Bogdanoff twins claimed they participated in helping Satoshi Nakamoto build Bitcoin. Is this true or not? Let me know in the comment section right now! The question is, can this weekly chart's falling wedge and bullish flag predict Bitcoin's bottom? I think it's definitely possible and maybe even likely! Bitcoin is still very weak compared to the stock...
The security shows continuation of it's bearish trend after a sharp bounce from its bearish trend line. Sellers can seek the opportunity to sell on the dip till the next respected trend-line support of 67.7. (please note: the energy is formed a falling wedge pattern and might change its trend into bullish, so be mindful).
Crypton (CRPUSD) is a hidden GEM with a 100x profit potential. I recommend buying this coin before it's listed on exchanges! The current rank is only #895 on coinmarketcap; that's why there is a huge opportunity for growth! This coin is extremely powerful, not like others. Focus on low-cap coins with great potential. After purchasing this coin, it is...
Educational purposes only. Wanchain chart forming a falling wedge pattern after a volume/price explosion, it is a bullish pattern. Also 4H EMA is a good support level and a bounce is expected. Next a few days are important.
NDX looking crispy right now for a day trade. It has created a clear falling wedge pattern at support, which is a good confluence to make some pips. It has already taken liquidity and expect bull take over the NY session, drop what you think in the comment section.
What we can see on the chart is a falling wedge pattern. The price is still moving inside the pattern, once it breaks above the trendline it can be a good momentum to enter long. Do not forget to put the stop loss under the wedge. Target is shown on the chart.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Bitcoin is still very bearish because the current price is below the main trendline and below the swing low from June 2022. I am not buying bitcoin at this moment because I feel like it is too risky to catch the bottom like this. But if Bitcoin breaks above 21,480 USD, then I will do more research about the stock market and gold , and I may open an investment...
break a rising wedge in downtrend at TRON chart we have 3 scenarios n.1: pullback to the break point and falling down to the green area n.2: pullback to the trendline and make a falling flag than falling down to the green area n.3: close under the 0.052$ with bearish candles than complete 2legs of the falling I think we have 0.04$ for target at all green area :...
Hi dear community and the best followers. I hope you are fine. I appreciate your support, likes and comments. Today I'm looking at 3d chart of BTCUSD. As you know since 18 June 2022, I have been posting BTC bottomed and it is preparing for new Rally /new ATH/ before new recession and Fed Pivot starts. I expect new ATH by Q2-Q3 in 2023. If you check my other...
USOIL is breaking down! The trendline from 2020 has been destroyed by the bulls recently, and we can free fall to 61.76 without any problems. On the monthly chart, you can see a falling wedge, and all patterns should be retested. This is a chance to retest the wedge on the breakout point at 61.76 or even lower at the trendline. This chart is totally brutal,...
Hi dear community and my lovely followers. Today I'm looking at weekly timeframe and want to count Elliott wave from 2018 bear market bottom to the current price. As you see, I think the correction started from 2021 November is a wave 4, which consists of ABC corrections). At the moment BTC is going to complete 5 sub wave of C wave or it has already completed ....
Falling Wedge Breakout Formation of HH and HL Aggressive Entry @ current Level (360.06) Conservative Entry @ formation of HL, confluence with trendline support (355) Trade with specified Stop Loss TP levels are specified Ride the trend with trailing stop Loss
A nice example of connecting patterns on different sized candles On the 4H candles we can observe a triangle, after breaking through which we started to form a falling wedge on a smaller timeframe (15m). While the wedge was broken, a lesser-known dragon pattern was formed (I'm just starting to study it .. thanks to @sylviasylvia .. ) whose last target is...