Hello Traders 🙋🏽♂️ 🟠 EP 182.765 🔴 SL 186.050 🟢 TP1 179.530 🟢 TP2 175.930 🟢 TP3 172.535 Please support us with like & comment & Follow Disclaimer --------------- Trading is risky we all take loses your responsibility is to not take more than 1% to 2% loss per trade and double your profits.
1.) The 50/200 day EMA are about to complete a death cross (the 50/200 day MA have already done so, not shown above) 2.) The weekly price action has formed a rising wedge 3.) Price stalled out at the first area of resistance, failing to reach as high as the candle close from July of 2021 4.) Weekly RSI has printed a head and shoulders pattern and looks like it...
SPY has reached the range highs and has shown signs of weakness not being able to breakthrough the highs. It has been rejected and is now at a vital dynamic support. If this break (which i think it will), a move to the golden pocket (orange lines) could follow. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the...
To tell you how much I was devastated when I posted my last idea and it did not play out. I admit my mistakes and that's how we all grow. I am no perfect guy and I am just here to take time and look at the charts. Sometimes looking at it for too long makes everything a bit emotional. It reaches to the point where my own opinion are not being followed and had no...
BINANCE:ZRXUSDT is forming a rising wedge, or a bearish wedge potentially could see a reversal from a day trading standpoint. In my technical analysis, the price has reached an essential key resistance level of $0.2720 or the .618 Fib retracement as shown in the chart below on a daily timeframe. RSI indicator is showing a bearish divergence wherein it forms...
BTC forming a rising Wedge pattern which is bearish if the pattern playouts then we can expect a down movement in price. . . .DYOR!!!!
FNGD to go back down to $8.50 before target of $10.51 Nxt I'm expecting a little retracement back to $8.51 with buy limits set from 8.88 down to 8.51 Take Profits at $10.17 and $10.51 Expect to retrace again and coil up. People will be talking about bears taking over, but the Santa rally will cheer bulls up and give them hope... meanwhile we are playing both...
BHARTI AIRTEL LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakdown of Rising Wedge Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 894-. ✅Can Go short in this stock by placing a stop loss above 953+.
TRENT LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakdown of Rising Wedge Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 2017-. ✅Can Go short in this stock by placing a stop loss above 2115+.
Let's start on the weekly and daily charts: The weekly shows an ascending wedge. A rising wedge is often considered a bearish chart pattern that indicates a potential breakout to the downside. Trading volume and RSI are also decreasing. => The sentiment is bearish on the weekly timeframe. On the daily, we are seeing consolidation areas. The current area might...
CADJPY analysis: 1. Time frame daily & weekly, currently price in a strong resistance area, but the upward movement in prices is starting to slow down. 2. Time frame daily, price has the potential to develop double top pattern which is a reversal pattern. 3. Time frame H-4, price has the potential to develop rising wedge pattern. Double top & rising wedge...
The pair is already in a strong downtrend on higher time frames. We are expecting further weakness which is signalled by the breakout of the rising wedge pattern. We can also see the formation of a new low and a breakout of a key level which further supports our directional basis
The pair is already in a strong downtrend on higher time frames. We are expecting further weakness which is signalled by the breakout of the rising wedge pattern. We can also see the formation of a new low and a breakout of a key level which further supports our directional basis.
Hi Traders! There is a rising wedge pattern on EURGBP, which signals a possible reversal of the bullish trend we have seen over the past two months. Price Action 📊 The market failed to break the previous resistance at the 0.87014 area, which led to lower highs and lower lows market swings, followed by a momentum break below the 20 EMA. This shows that there may...
USDJPY was trading in rising wedge pattern till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the inclining trendline of the wedge. Now the price is retesting the broken trendline and broken support level. it seems like the sellers can attack again this bearish confluence. If the sellers takes charge...
Hello Traders! On Tuesday 3 Oct, The USDJPY Price Reached a Resistance Level (150.315 - 150.160). -The Price Formed a Rising Wedge Pattern ! -The Support Line of The Wedge is Broken. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 146.630🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Technical Analysis: Bank Nifty down by over a percent today, it led me to analyse its long term charts and what I see is not that great (P.S-I am not an expert) Let's start with the big question, is it forming a Rising Wedge? It clearly looks like plus it has tested the resistance for over 6 years now. Now talking about the weekly chart of bank nifty, it looks...
Bitcoin continues to rally from the bottom of 24920 to 27137 and is heading towards 28650! This is going to happen; the bull market is absolutely awesome, and profits are huge! If you are following me, I have been bullish almost from the bottom of the last big dump while the majority is still shorting Bitcoin on futures, which can also be seen in the negative...