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!
Confirmed triple daily bearish divergence, price has broken demand line of a rising wedge pattern. Targeting two volume shelves which lie on the 0.382 & 0.618 fibonacci levels. Longer term position targeting a fill of the daily gap. #STNE
Don't you know? you got 2 pump it up. Wedge + bullsih divergences in the MACD and RSI
I will be accumulating Nova Royalty Corp👑 shares in the BUY ZONE 2.1-1.8 USD, as I think this zone will provide strong support. My 1st target will be 4.8, 2nd 9.8. ENTRY : Buy in the 2.1-1.8 USD zone SL : no SL, it's rather investment than trade TARGETS : 4.8, 9.8 Like👍 & Enjoy📺!
Analysis of #USDCAD The USDCAD might have reached its top, and now in the process of shifting trends, we could have a very valid sell setup as you can see the USDCAD broke out of the wedge pattern and now trading below its trendline support, which now become a trendline resistance. the market retested the trendline and now moving lower, if the daily candle...
I'm deeply in love, don't you know pump it up, you got 2 pump it up.mp3
Watching WTI this morning as we continue to see it tighten between the recent downtrend line and the high line from the daily down channel from a few weeks ago. The high line was respected from Oct 5th -7th, even though we haven't had a precise close on the 30min TF, price has rejected from that area so I think this is safe to view as a descending wedge.
Nice Rising Wedge pattern. Price broke bellow the borders of the Wedge. on the 4H chart Price breaks another Bearish Flag pattern giving more comfirmations for my short trade. Rich Spirit
Bearish Chart pattern forming on 4h / 1h timeframe indicating a potential uptrend reversal which could retrace to the 0.382 Fibonacci Level and beyond. This trade idea offers an excellent 5+ Risk to Reward Ratio for the remainder of the week and due to the UK's troubles of tax, political unreasonableness and general economic horror i expect this ...
After a 5 wave rally, the stock has corrected in a three-wave pattern. The correction has retraced 78.6% of the 35.03-47.19 rally and prices are rising again, breaking outside the wedge that has been forming since end of July. My take profit comes in at which the rally from the lows will be equal to the previous rally around 50.5 My stop is below the recent lows at 36.50
The technical figure Rising Wedge can be found in the daily chart in the UK company Unilever PLC (ULVR.l). Unilever plc is a British multinational consumer goods company. Unilever products include food, condiments, ice cream, cleaning agents, beauty products, and personal care. Unilever is the largest producer of soap in the world, and its products are available...
Spy is currently at the bottom of a Falling wedge on the Daily. Also when looking at MACD, RSI and Stoch RSI we can see that all 4 align for an upswing. When we zoom in on the Hourly we can also see 2 gaps that need to be filled, the 1st at 426 and the second at 373.
AbbVie Inc. Idea: Long Horizon: 1-2 months Target: $145 Entry range: $143-145 Stop order: $141 Technical analysis The share price has formed a short-term uptrend. If the local resistance level is broken through, there is a potential to move higher. Idea to increase the stock with the target of $145. Fundamental factor AbbVie is an American biopharmaceutical...