EGLD has been on a downward trend so long after it hits its all time high. Now expecting it to breakout of the falling wedge, HA candles are turning green and RSI coming out of over sold territory. As long as BTC stays positive the previous ATH can be seen quicker
The price is creating a falling wedge on the daily timeframe, after a bounce on the weekly support. On the lower timeframe, we can see that market had a breakdown from 4h support now new resistance How we can trade this scenario? I'd like to see a breakout from the falling wedge and 4h resistance with volume, Wait for a successfully flip of 4h resistance into...
SAWAD | Thailand SET Market > Financial Sector | Price Action & Chart Pattern Trading > A powerful breakout from weekly timeframe 3 drive harmonic pattern > Med term run trend ENTRY position with an estimated minimum target of 3 drive harmonic pattern > RSI bullish signal crossover MA above 50. > MACD golden cross signal above baseline Trade with affordable risk...
Wedge 1, retracement after run up, break out of pattern using underlying support, bounce off 200 MA, 12/26 EMA crossover, run up Wedge 2, retracement after run up, breakout of pattern using underlying support, bounce off 200 MA, 12/26 EMA crossover, run up Wedge 3, retracement after run up, breakout of pattern using underlying support, 12/26 EMA cross over...
So we just broke out and about to follow through with a retest of the rejection level. Price has been grinding downward for quite some time so it is likely a nice pullback or momentum shift that is about to occur. I have profit levels set in the picture as well as entry and stop loss levels. Good luck traders.
SIMAT | Thailand SET Index | Price Action & Chart Pattern Trading > Falling Wedge Reversal Pattern - Breakout with strong momentum candlestick > Entry @ Pullback position - strong resistance volume on top of breakout candlestick > RSI bullish cross up MA line above 50 > MACD bullish signal crossing up baseline 0 Trade with affordable risk ratio 3:1 Always...
Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! BTCUSDT : bitcoin was printing a descending wedge and meanwhile, a divergence between the price and MACD was seen. the price reacted to the very important support zone and then, braked the...
A textbook double bottom is forming in AMC . With no particular news coming out today regarding the stock, this is a opportunity to add to your long position. Some good news could see this stock back to $33.05.
1Inch USDT Price move in flowing way in 1st quarter of 2022.
NSE:CENTUM is forming beautiful price action patterns. Much of analysis is given on chart. Targets- 900/1000+ Sl- 500, Trail below preferred MA's DISCLAIMER: IDEA POSTED DURING OPEN MARKET. PRICE COULD LEAVE HUGE WICK.
F Ford is on the cusp of a breakout to the upside IMO: Sitting above its: (3day Chart) 20/50/100/200 MA 12/26 EMA (3day Chart) MACD strengthening the last 2 trading days (was about to flip but did not) Currently breakout out of its wedge for the past 1.5 months Recent consolidation in the 119-20 has been broken Ford yesterday (1/3/22) reached price...
SXPUSDT is testing the daily resistance inside a falling Wedge. IF the price is going to have a breakout from the daily resistance and retest as new support, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. ...
From my analysis this is clear as day an ascending wedge on GBPJPY. I'm expecting a pullback (IF price doesn't break 156.000 resistance retests and proceeds bullish) The bullish run looks to be exhausted from the wedge forming. From my experience it has to pullback to continue. Overall, my analysis indicates a pullback starting the new year but looking bullish...
IRPC |Thailand SET Index | Energy Sector | Price Action Trading Price Action | Bullish Breakout Chart Pattern | Reversal Wedge Indicator: > MFI - Money Flow-in support > RSI Bullish Signal > MACD golden cross - crossing up 0 Fundamental Factor: Oil price bullish trend Risk Ratio: 3:1 minimum Always respect your stop-loss Good Luck
After having a wonderful breakout of it's falling wedge, $AFRM has come back to retest the supply zone. This provides us with an awesome long opportunity. PTs : 113, 128.
This ticker has the potential to make an extremely explosive move over the coming weeks. Price is slowly and steadily increasing while also tightening, meaning we're due for a move. I'm biased to play this name towards the downside, but the volume gap above CANNOT be ignored. A break of 164 can aggressively send us upwards for the gap fill, resulting in some...
$AFRM had a wonderful falling wedge breakout alongside a reclamation of a former support turned resistance. I'm expecting this ticker to run over the coming days and weeks. PTs : 113, 128.
Bitcoin formed a head and shoulders on the daily and failed to materialize, providing us failed head and shoulders targets around 80-84 and 100k. We can back up confirmation of our failed HS by where we stopped along the initial correction after moving up, right at the top of our left and right shoulders. A secondary confirmation of the overall move was when...