apakah falling wedge breakout sudah valid?
yes dari analisa teknikal belum terlihat false break terhadap falling wedge patternnya.
jika falling wedge valid, maka pattern inverted HnS bisa jadi terbentuk.
mari menunggu dan menonton, biarlah market yg menentukan
When viewed as a whole with a daily time frame, the candle of this stock has many wicks. Starting from the dragonfly doji, gravestone doji, long-legged doji, and so on. Many candles you will find here. From now on, this means that a lot of the market uncertainty arises, and you must weigh your risk-return ratio carefully, or you will just be wasting money on...
Analysis based on Elliott wave principle
Long opportunity spotted after the A-B-C zigzag correction.
If this count correct then expect further upside movement which is wave 3 impulse. I highly expect price to reverse soon indicated by blue support line that coincides the 0.786 fibonacci retracement level and also RSI indicator shows a bullish divergence.
RECOMMENDATION: BUY ON WEAKNESS OR BUY ON BREAKOUT
Analysis: Based on my analysis, EURUSD in the Daily time frame is forming the Symetrical Triangle pattern that we know this pattern can be breakout in two sides, but I'm pretty sure that there's a rebound or a rejection in the strong support area. Hence, price will soar high until the neareast resistance at price...
The USDIDR also trends with its peers in Singapore and Thailand for continued downward movement. Although weakness in the past week is showing weaker signals in RSI and the bull bear crowd sentiment indicator, nearly all exponential moving averages suggest further continuation of the trend. In spite of this, price action is fast approaching a 2018 trend line which...
daily : forming big ascending channel that contain a descending channel / falling wedge pattern ,
price have potential to move up to complete the down wave from top of the ascending channel .
4h/1h: price sitting at the bottom of the falling wedge with 3rd touch .
wait for a clear rejection of the bottom pattern with "arc double bottom " or...
This is 100% technical analysis and 0% fundamental analyis. I would like to see for myself if TA can stand on its own.
By my count there is some strong bearish divergence shown on the RSI. Three higher highs have translated to lower highs on the RSI, indicating slowing momentum. When that slowing momentum is also coincident with what seems to be (I only spent 5...