Hey guys, Based on the chart we can have a good sell opportunity for AUDUSD. The scenario for selling is: 1. Downward trend 2. Breaking the rising wedge 3. Strong bearish Candle 4. Strong resistance area at the top Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
We can found a technical figure Rising Wedge in Spanish company Repsol S.A. (REP.mc) on a daily chart. Repsol S.A.s a Spanish energy and petrochemical company based in Madrid. It is engaged in worldwide upstream and downstream activities. In the 2020 Forbes Global 2000, Repsol was ranked as the 645th-largest public company in the world. It has more than 24,000...
Hi every one TESLA INC Tesla Stocks has formed a Rising wedge pattern! This Bearish Pattern might be able to Decrease The Price soon! no break out has happened yet so there are no confirmations but there is a Regular Bearish Divergence (-RD) on MACD which means the chance of a Bearish Movement is Pretty high! If the bearish Movement happens, the Price can...
Gonna be looking for a quick 10-20 percent pullback from here.
Hi! I just saw this rising wedge playing out. If this pattern plays out it could reach all the way down to 0.5 fib level ($49.7K) and the bottom of the wedge ($46.7K). If we broke above $52.9K this analysis fails.
check out your chart in 4H obviously we can reach but dont forget SL
Just need the weekly 21 ema to continue to hold support here and we can break bullishly up from this rising bull pennant here..if the weekly 21 ema continues at the current trajectory then the breakout point should be somewhere near where i posted the yellow dotted breakout target line....this should help lift us to 111k. Of course there is a chance that instead...
The next 2 weeks in the market will likely be a roller coaster ride of volatility and emotion for inexperienced traders/investors alike. I see red flags everywhere in the markets. Lots of bearish divergences, rounded tops, complacency, bullish sentiment. New high after new high in the traditional markets, with cryptos also on a nice rally. I've been keeping...
Hint: Rrising wedge patterns hint towards a bearish market. When the wedge aligns itself with the current trend, the probability is on the side of a market reversal. this post is just for testing of the chart pattern, rising wedge and not a trading signal.
- ZRX is very bullish on the weekly macro scale. - We have a rising wedge, that greatly holds support. - Bullish volume is higher and RSI is prepared for a pump! - Profit target 1:1 fib extension or top of the wedge - Check my related idea about 0X vs BTC below! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk...
BINANCE:BTCUSDT SHORT TERM We can see rising wedge on btc usdt ... Thats should be short-termed trend reversal . I think price can go down to 20.000 in short term ... Iam selling 30% CRYPTO now and if BTC falls more than 10.000USD i will sell another 30%... LONG TERM If my SHORT TERM thinking will be right ... it will be possible to form very BIG...
Hello traders, I'm still waiting for the retest to confirm bullish strength before looking for any higher and will stick to my plan. Please like/comment to show your support and get this TA post to 20+ likes to unlock the next one. 👍
On the currency pair chart British Pound vs. U.S.Dollar we see the pattern of the Rising Wedge. It is a bearish pattern! So we can assume that the price will fall today. The potential target is the weekly Pivot Point. At the same time, there is another area of increased distribution in this place, and the market is very happy to return to this area as well. The...
Hi, I hope you read my previous post and took an idea from my analyze. Today I tried to find the end of this rally by Bearish Expanding Triangle Pattern ( Main wave B from the corrective structure ). Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ Location🌊 : if you want to know about counting waves of Bitcoin from 😱 2.5$ 😱 until the end of the Main wave...
Many of the payment processors and banks i look at seems to have some sort of indication that it will be going down soon Visa is just one of many. Today will be the closing of the month for VISA and many others and like many others Visa will be bearishly engulfing on the monthly and breaking down a rising wedge.
Hello traders. Buyers failed to reclaim the wedge so technically speaking it was a retest after breaking down which at the same time trapped bulls into thinking we we're going higher. Over the weekend we could've dumped but think they were waiting for CME's to close yesterday so we didn't print a CME gap. Yesterdays daily close was the most beautiful thing I've...
BTCUSD This pattern will not confirm as a valid one if the price closes above $50K.