$UTK.X if the price will have a breakout from the wedge and from daily resistance, and flip into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow...
#TRXUSDT 1W - TRON - FALLING WEDGE - Breakout , make a entry Long at back test 1. Entry Long: 0.02x$ 2. Stop loss: 0.015 3. Take profit: 0.06 4. Risk : Reward = 1:3
Bitcoin appears to be forming a falling wedge pattern.. On the KST it's clearly oversold and there's been a noticeable bullish cross where I've placed the blue downward pointing finger. Notice the RSI is continuously getting rejected at the blue sloping resistance of a rather Macro descending triangle, there have been multiple deviations but for the most part,...
#EOSUSDT Technical Analysis Update Falling Wedge Breakout EOS/USDT currently trading at $2.80 LONG ENTRY level: $2.75 to 2.85 STOP LOSS: below $2.65 Resistance level 1( Target 1): 3.04 Resistance level 2 (Target 2 ): $3.35 Max Leverage: 4X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment...
A power move with really big targets by the bulls could be incoming for this pair. But they need to break 1.3330 - 80 first as I think this is key for such bullish scenario.
Adaniport made a lovely cup and handle (Falling wedge) with RSI below 30 in daily chart... Getting resistance at 50% of Fib so it might test 61.8% i.e 301.50 and take support ,Hope it will give a super RR ... #Can be average till 301.50
IMO, We can see good jump when falling wedge and S/R zone converge
Wedge patterns have a tendency to break in the opposite direction from the trend lines, meaning, a rising wedge is more likely to break to the downside, and vice versa.
USOIL has been rejected countless times at the resistance line of the falling wedge, forming a larger wedge. This chart extends for some years so going long isn't always the most profitable, but is a viable opportunity. Oil becomes more scarce with time so it is expected that large growth will be seen once the wedge is broken. This could also be interpreted as a...
A long term falling wedge has formed on the AUDUSD pair, potential for more lows to be formed but long term this is wildly bullish. Simple chart pattern analysis.
In the first box, you can see Bulls needed a few weeks to make their move. The Bears needed many months trying to push for a 100% retraction that never comes. In the second box, you can see the same pattern. This time the falling wedge is way bigger than the first. Bullish divergence on volume (in billions), you can check it out on OBV - On Balance Volume. We...
We have a falling wedge on 4H and low RSI. Might be a buy opportunity to the top of the descending triangle.
Very interesting consolidation of the stock in the low 20's. The falling wedge pattern can be seen by connecting the peaks of breakouts along this downward trend. Note that the 20 cent level has provided excellent resistance in the past. The stock closed at 20 cents this Friday, this was the second time for the ticker. The previous time the ticker closed at 20,...
Tilray is worth a watch for a confirmed breakout. Reputation points please :)
We've had 2 clear falling wedges (yellow) over the past 3 months. We are potentially in the third falling wedge (yellow), with targets at the $4,100 area in mid-to-late March. Notice how each falling wedge has a decreasing slope, indicating more and more that we are in a clear accumulation/consolidation phase, where the bears are mostly out of steam but the...
Hello guys, what i see for GBPAUD chart it's ready to falling.. So i vote for SHORT 500-600pips ready to WIN. Keep CALM be positional trader for longterm investment.