Trade Setup in HDFC Bank . Rising wedge type pattern in HDFC Bank forming on 15min timeframe.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ETH update. ETH is not looking good here. Forming a rising wedge pattern in 2hr time frame and currently hovering near the resistance level. ETH has a strong resistance at $1250-$1280 level. If we successfully break down this rising wedge pattern then I'm...
Looking at the 4-hr chart for Ethereum, we could identify(?) a bearish trend with a correction forming as a r ising wedge . Do you agree with this analysis? If so, keep on reading... Now this can lead to a continuation, or a trend reversal. I have spotted three points of interest, waiting for a confirmation, before starting a long/short position. What is your...
Bitcoin is currently forming another rising wedge, as it did with the previous level of consolidation. I still see a bearflag forming all the same. The level we are at is much riskier than the one we dropped from previously... Be wary traders.
EUR/JPY on higher time frame has completed wave 5,currently working on completing wave 5.The major trend is Short on this asset,we will be looking for sell continuation patterns.
Pair: BTC/USDT Pattern: Rising Wedge Strategy: Breakout, Short if you think BTC is going to fall after this pattern.
This is a longterm analysis of a possible 3 year outlook for VET/USD using the 1 week chart. Here is a closer look at this VET/USD 1 week Chart. On this 1 week timeframe, VET has been back above its Least Squares Moving Average (LSMA) since the week of 7th March 2022. Note that a weekly close ABOVE the LSMA is considered a BUY SIGNAL for this indicator. VET...
After a decent rally in a bear market it looks like SOL maybe forming a bearish wedge. Will publish the after as always.
Target would be 2.58, very good profit. High risk high reward trade.
NSE:ASIANPAINT had a good run up until recently and now it seems to have been topped out. In Weekly chart, rising wedge structure is formed and volume has declined with it. It suggests that buyers are losing the grip and sudden fall to 2625 with heavy volume confirms the reversal. Buyers stepped in from 2625 level and took the price higher but subsequent price...
Ethereum was in a Rising wedge pattern and we would have expected the fall of ETH to happen pretty soon. Well right now the break out has already happened and a heavy bearish movement has already accurded. 1000$ is a pretty important support and if it's lost,well there will be no hope of turning back for bulls. Afterward we shall expected the price to reach 750$...
It seems like the Energy sector ETF $XLE is making an ascending bearish wedge. It's showing lots of resistance around the $82.9 area and hasn't be able to close above it for the past ~2weeks. I wouldn't be surprised if it has a fake breakout to the upside before eventually falling back inside the wedge. Keep an eye out for a break to the down side as the...
Hey guys, I think there is reason to take this into consideration. This huge rising wedge seems to be playing out right now.
XTZ is in a Rising Wedge Pattern. This is Of course a bearish Pattern which means we Should Expect the Price to Reach Lower Levels Even From Now! The Price can Decrease and It Should be Clear To you That No Break Out Has Happened yet So It is not Safe to Take Short Position (For Now!) There is also a Regular Bullish Divergence (-RD) on MACD which Strengthen The...
Price action and chart pattern trading > Rising wedge Elliott Channel pattern looks like minor wave 3 is on the way uptrend, estimated at 1.213 extension of its wave 1. > Entry @ pullback wave 4 may be possible at EMA10 - EMA20 ribbon zone > 1st Target @ minor Wave 3 and 2nd Target @ Int. Wave 3 for medium term trade > RRR: 2:1 minimum > Indicator: RSI slightly...
Short Setup for ALICEUSDTPERP Good RR 1:3 Already breakout from rising wedge support trendline, entry on retest
Hello again! I have this deep analysis on EURUSD on 2 possibilities to go short based in my analysis on trend analysis, chartism and mostly harmonic patterns. I'll explain the 2 scenarios I have and take notes for it to be possible. Possibily 1: Last week an ideal bullish AB=CD pattern with 0.618 : 1.618 ratios was formed and if it still goes up it could...