Rising Wedge

EUR/RUB 1D Chart: Rising Wedge The common European currency is appreciating against the Russian Ruble in a four month long ascending channel that has recently began to transform into a rising wedge. Formation of the wedge began, when the currency exchange rate tried to slide to the bottom trend-line of the channel for the second time. During the ...

EURUSD approaching the resistance zone created by the Aug 2015 and the May 2016 highs. I see a rising wedge forming with the RSI showing that this move is exhaustive. Will look to go short if it breaks out of the wedge.

Advanced Semiconductor Engineering appears to be trading within a rising wedge as recent supply levels are being tested. If the current situation continues, its reasonable to assume that a drop in price to the 4.65-4.50 range may occur before demand levels are once again met. Any break below this results in demand levels at 4.00-3.50.

Trading plan is to finish the Weekly Rising wedge SL 1.33 TP1 1.20 TP2 1.125

Reasons for Short: 1) Bear Shark 2) Rising Wedge 3)RSI Bearish Divergence

Could be a great opportunity for a short.Watch 2788 and bottom of the rising wedge.

Short after price break the wedge and retest the structure.

As you can see price is nearing channel top after breaking through important resistance. In spite of this and the fact that we have confirmed bullish kumo breakout as well, price has formed a rising wedge. Will it break through the top of the channel or do a great retrace? Below is a closeup in 4H timeframe: https://www.tradingview.com/x/a1xlf48X/ Keep your ...

daily chart showing price pullback to prior support-high r/r for bearish continuation with multiple test of resistance 89.3x mid time frame showing bearish wedge breakdown-solid momentum breaking out of wedge monitoring price action on lower time frame to see follow-thru tech sector looking weaker also

QQQ is consolidating after it's plunge recently, and we see a higher low coupled with the test (and break) of the channel high. I believe traders will try to push price back to the supply zone in red. Yesterday's breakout was met with selling, pushing price back into range. This presents an opportunity for buy on the dip next time the upward blue trend line is ...

Rising wedge breakout

As requested by one of my Facebook page's followers, I've published a trading analysis for the USDCAD Forex pair. As shown on the graph represented to you, the US Dollar-Canadian Loonie Forex pair has been trading on a rising channel for quite some time. Whenever the prices hit the top/bottom of the rising channel, a substantial fall/rise follows. That being ...

I recently took several successful long trades on $EURUSD (https://www.tradingview.com/chart/EURUSD/daVnD48M-Long-EURUSD-via-bullish-Cypher-Pattern/) and I am still bullish on this pair, BUT I always ask myself "What do I see, what does it mean, what do I do based on those information?" I see a bearish Bat Pattern on the daily timeframe and a rising wedge with ...

This pair should face heavy resistance between 1.27691-1.27795, with a few key fib levels clustered around this area. This area has been a reliable support/resistance zone in the past. The current rise is simply a pullback from the drop post-rate hike and this pair seems to be trading in a rising wedge structure. I am anticipating a break down of this structure ...

Technical overview of nzdusd

Previous related idea BTCUSD made $2573.95 target. Then falling wedge. Now broke lower edge of recent rising wedge: about to drop? This is not advice.

AUDNZD LONG term rising wedge pattern (trend rejection)

POSSIBLE SELL OPP,LETS WAIT FOR CANDLESTICK INFO TO PLAY ITS ROLES.ALL IN ALL I'M SEEING A SELL