Sunworks suffered a lot already, and the stock almost in the graveyard. I am following it a while, was a nice short on the way down. Finally posted a tiny bit more positive earnings compared to expectation.
Meanwhile a falling wedge formation created. Also moving in a big downward channel. There are two scenarios for counting the waves, one scenario suggests,...
Hey traders,
US30 has reached a demand zone, there is a big falling wedge pattern that has been forming, on the daily and weekly timeframes US30 is on an uptrend. Keep an eye on the bulls they are on their way to take over.
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On the chart we can see the falling wedge pattern.
Our strategy is to open a long position when the price breaks above the upper resistance.
Targets are shown on the chart.
NIO is shown on a 4H chart. It has been downtrending for 3 months. Howver, April and May
has high relative volume trying to reach the capitulation of a bottom. Thursday May 4th
marked a near term bottom. NIO is now rising and breaking out of a falling wedge drawn onto
the chart. It has crossed over the POC line of the volume profile ( This is the price...
Hey traders,
US30 is just breaking out of the falling wedge pattern which kept narrowing & narrowing until price finally mitigating making the chart balanced⚖️ A big move is on the way don't miss this opportunity as this could potentially make you a bag 💰.
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BTC classic reversal move > Inverted head & shoulders turning into cup&holders
Target cup&holder at the same level of previous mega falling wedge
Possible a bull flag move forming holder pattern at 0.5 fibo retracement zone
SHORT ENTRY NOW! and Long at bull flag confirmation pattern breakout TP +70%
Hey traders!
Nas has formed a clear falling wedge pattern, though the pair is on downward trend there is a divergence signaling a trend of change. Therefore, shortterm i see nas climbing some good pips.
JASMYUSDT is forming a falling wedge pattern on the 0.005 support area, which could potentially provide a bullish signal for traders.
A falling wedge is a chart pattern that occurs when the price of an asset forms a series of lower highs and lower lows, but the range between the highs and lows narrows over time. This creates a wedge-like shape on the chart, and...
As per #Bitcoin 1 Day #TA
Bitcoin weekly chart Still moving under #Bearish #Descending Triangle Pattern, while as per 1 Day analysis, from last 25 days moves under Falling Wedge Pattern, its last cut-off point is $21k on 11-12 March, after that some chances to be Retest again for $25k, but maximum chances to break next Divergence of $19.5k-$18.5k.
March to June...
Watching where we are currently which is following a definition of a falling wedge reversal pattern. Have an exciting day! Continuation? Or Reversal on the Hour.
HELLO PEPPS!
Gold has broke out of the falling wedge pattern on h1 and h2. This could be a potential signal that the bulls are in control at least to 1846 area i see the bulls taking over. Plus Gold is at daily orderblock and price could resume it is bullish momentum.
DODOUSDT has recently experienced a massive breakout from a falling wedge pattern.
The falling wedge is a technical chart pattern that occurs when the price of an asset is in a downtrend and begins to consolidate within a narrowing range, forming a wedge shape. This pattern typically signals that a bullish reversal is imminent, as the price is likely to break...
Price action and chart pattern trading
> Elliott wave downtrend falling wedge breakout
> Inverse head & shoulders reversal pattern with breakout
> Entry @ pullback B-wave retraced near neckline zone
> Target @ 0.386 retracement of (A) wave - volume profile point of control zone
> Stoploss @ the lowest head position -10% downside
> Risk reward ratio: 2:1
Always...
Hello traders. On this 1H analysis of NZDJPY, we have a falling wedge setup with a support level within the buy zone identified. There is good rejection from the support level and this area would be a good entry point for a long position. A good place where price may go next would be to the resistance level in the 83.800 region. A SL should be appropriately placed...
