price broke through a wedge pattern and formed AB=CD pattern which has completed. We expecting price to retrace at or around 0.5 Fibonacci and possibly form another AB=CD pattern towards upper resistance
Hello traders, we see an interesting pattern forming with the trading pair EOSUSD on the daily chart. After the hard decline from last year 2018, we see a healthy uptrend provided in the chart you see. EOS is forming an ascending wedge which you can see in blue on my chart. EOS is trading since december 2018 in this wedge and it isnt completed yet. In the red...
Ada a beautiful, and she has made us a lot of money. But on Bitmex its a he. His name is ADAM and he is 19! Those teenagers can be crazy, and it seems like, that is what we are about to witness.
We are SO Close to break out of this descending Wedge, low RSI, bullish momentum gorwing, which potentially can make you 58 % - With 10x Leverage its 580 %! Just...
EURUSD 1D BROKE LONG OUT OF A BULLISH WEDGE
PRICE NOW RETRACING BACK TO TOP WEDGE TRENDLINE
PRICE WILL EITHER BOUNCE BULLISH
OR RE-ENTER BACK INTO WEDGE PATTERN
LONG TRADE ENTER TWO POSITIONS
1ST POSITION TP IS RE-TEST OF HIGH @ 1.1348
2ND POSITION TP IS SUPPORT LEVEL @ 1.1550
FIND YOUR OWN SL
It looks like the USDJPY 4H is currently in a Triangle-Wedge.
Lookout for a breakout above and below at the trend lines we labeled.
We are doing a live triangle trading class on our TTT Strategy June 21st @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!
Welcome to this quick TA on ICX.
As you can see a wedge pattern has formed while price coils in towards converging Moving Averages. We can also observe price has broken above the all three MAs, returning back to the mean. The other key pattern printed is an impending GOLDEN CROSS formation, where the 50MA is testing the 200MA.
Three critical points to look out...
Welcome to this TA on XLM.
We can observe from the daily charts that we are experience a hell of a squeeze on the bollinger bands as the price coils in within a wedge at around 1500sats. We can only await a breakout or breakdown at this point.
However, is it going UP or DOWN?? That's the big question.
The 4hr charts give us a bit more insight into this. It...
ZRX broke its wedge configuration, bullish divergence on CCI and MACD and WaveTrends cross.
Buy : Current price
T1 : 4220 (23.6% Fib)
T2 : 4400 (50% Fib)
T3 : 4600 (78.6% Fib)
You may sell 33% of your position at each target !
Quick TA on Cardano ADABTC,
We see a tightening of the bollinger bands as the price coils within its wedge, signalling a possible breakout. Price has shown stability from the shorter to the longer MAs (50/100/200) in the subsequent days leading up to this squeeze, indicative of a likely break to the upside. Also note, the 50MA (in green) has crossed the 200MA (in...
The graph speak for itself, buy the breakout to target 23.6% and 38.2% Fib retracement
Buy : Wedge breakout
T1 : 2100 ( 23.6% Fib )
T2 : 2600 ( 38.2% Fib )
Stop : < 1150 after the breakout
You may sell 50% of your position at each target and put your stop-loss above the entry price once T1 is reached