btc in falling wedge reversal pattern for me its bullish
A short trade can be taken with stop loss Formation of HH, HL Breakout of trendline/Falling Wedge Completion of Harmonic Pattern Trail stop loss
Ethereum is creating a textbook wedge pattern, indicating a breakout soon. The only question remains, to which side? In my experience, these types of patterns are bad in prediction the direction of the next move. The way I use them is to guess on when the next move may occur. And as far as i'm conserned, we're nearing the end of this pattern, indicating we can...
INDEX:DXY CAPITALCOM:DXY TVC:DXY 💥wedge pattern💥 Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
ALGO breakout falling wedge in 4h timeframe. tp1:0.18 tp2:0.1933 sl:1645
Bitcoin could be about to breakout. If it does breakout from this small wedge then I am placing a long, not yet but if you do decide then here are the TPs and SL.. TP1: 16736.45 TP2: 16841.92 TP3: 17085.25 SL: 16472.33
i think we should reversal here because of 50 pull back parabolic wedge broad ch w so it was minor reversal and its DB with last Support ?
USD CAD is forming rising wedge and chances it may breakout on opposite sides. TP lines are marked for convenience. Only trade after breakout re testing. Hope good profits for everyone. Do comment and guide me if see some shortcomings. waiting for response and setup to work in our favours :)
Tesla broke descending wedge pattern on Thursday, December 22, 2022. There is heavy open interest at the $130 OTM strike price expiring 12/23/22. The stock has the potential to tap the bottom of the descending wedge pattern (yellow line) and fall down into the $90 range over the coming months. Also, gap fill below $100. We will see if gaps fill. Disclaimer:...
Descending broadening wedge. 2 year downtrend broke to the upside on the 3 month timeframe. $85 target for 2023, 200+ target for 2024-2025. Enjoy the ride !
Mphasis broke out of descending channel on weekly timeframe with good volumes. Also breaking out of multiple resistance zone of 2150-2155. Could be bought with mentioned stoploss & target.
$GBP - A break to either direction! Another day, another a great opportunity for us trades to take advantage of. We are currently choppy between the levels of: 1.22320 Highs - 1.21616 lows. A break to either direction! Have a great day ahead Trade Journal
AUDUSD is in a strong resistance area, touching the daily 200 DMA, a descending trendline, a 61.80 Fib, and a supply zone, We could see a wedge pattern with a divergence if we look closer at the price action. I believe we could see 0.66095 and 0.65534 this week, -------------------------------- Feel free to share your thoughts in the comments, and kindly support...
After a solid rejection from 17k area, a fine retest to 16.7 just makes sense. Be careful when adjusting stop loss and enjoy!
An ending diagonal is a special type of pattern that occurs at the end of the trend. Normally it causes a sharp reversal as it happened recently on USDCHF. The question is where we go from here? Well, we have five waves down on Swissy which means more downside is possible after a three waves up. And if that would be the case then Gold can rally further based on...
Hoping for a pull back into buying area and a bounce up
The EURUSD price is in Bearish Rising Wedge & Double TOP Pattern 🧐 The neckline is broken 🔥 the support line of the rising wedge is broken 🔥 so, i predict a bearish move 📉 i'm waiting for a retest 📈 TARGET: 0.95952🎯 ... if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
The GBPCAD price is in Bearish Rising Wedge & Double TOP Pattern 🧐 The neckline is broken 🔥 the support line of the rising wedge is broken 🔥 so, i predict a bearish move 📉 i'm waiting for a pullback 📈 TARGET: 1.51932🎯 ... if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!