Rising Wedge

Rising wedge forming on 4hr timeframe. I believe it is time to short USDTRY ... Not a financial advice.

gbpnzd has been bearish for some time but price has created two bearish flag patterns while staying in a consolidation period. Inside that period, a rising wedge occurred.

gbpaud has been in a downtrend for some time now. Price created a massive rising wedge while also creating a falling wedge as well.

chf/jpy bias is bearish and it has been for a very long time. Price has come up to resistance zone which has been respected three times in the past causing some nice moves to the downside. Price is followed by xabcd pattern, rising wedge and broken ascending trendline.

As the title said, short with these info: SL: 5500 Entry: Around 5250 TP1: 4650 TP2: 4450 TP3: 4200 The downtrend of BTC could be continue if the 89-EMA broke down with momentum.

$BTC is forming a bearish rising wedge on the 1 hour chart. Short if the bottom trendline is broken. Stop: 5220 (-1.85%) Entry: 5125 (0.00%) Target 1: 5075 (+0.97%) Target 2: 5030 (+1.85)

good position to sell, low risk do not forget to place your SL!!

I will focus on the rising wedge on the H1 Chart. Potential Breakout can be used as a selling opportunity. I will update according to the price action. Have a nice week!

Bitcoin will likely remain "bullish" for now, but the larger structure it's forming appears to be a rising wedge. If we continue to see volume drop off and the wedge mature it will likely resolve with a big move to the downside. Ideal short entry will be at trendline resistance near 3950-4000, or if the ascending trendline is confirmed as broken.

Update about my trade and analysis, Just put SL at Breakeven and enjoy the price running.. you can follow my target at your trade, disclaimer on. "FROM ZERO TO HERO TRADING GUIDE" @ZEROSKIFX

Short after breakout below wedge

potential rising wedge pattern. Targets are shown on the chart.

Seems like we are rising in a rising wedge which is a bearish wedge , and if we break down, target is around 4800

Not fully formed yet so mostly just an idea I'm playing with. I am expecting a BTC breakout of its ascending triangle which would pull ETHUSD up with it. From there I would expect a double-top on ETHUSD, maybe causing the break down of a rising wedge to happen

On the 4 hr we can see a rising wedge and also bear div on the RSI which suggest a dip is possible. The green zone around 5040 show some support. Looking at the fib we can see .382 and .5 at about 4760 and 4600 (which is also the bottom of the cloud). I am putting bids around the green zone and also .382 and .5 to buy the dip if it comes. Hope you like my content...

audjpy is in a consolidation period while hitting resistance zone, price created a rising wedge and it broke out.

Firstly, i had drawn pitchpork and fibo retracement on last big swing price action. In result, i found resistance and support lines. After that, i observed that there price action in rising wedge pattern. As well as MACD,Stoch and RSI indicators given a signal of short trade. Finally, in my opinion,S@P500 index price down out rising wedge while ought to do short trade.

Strong rising wedge for the S&P. Could this take a healthy fall back down...RSI implies it is overbought Also we had a parabolic move up from the lows of December/Jan...with no real healthy moves down for a recovery period on the way back up Hypothesis: price reaches near ATH to fail at resistant levels. If it price proves to move back down, I think it could...