#EWT This beautiful falling wedge or #bullflag has all the mechanics of a #Wyckoff Accumulation Schematic built into it, which can be seen by #volume tells in all the right places. After The low was breached note the negligible #volume, then observe the volume on the first solid bullish candle to break through the #wedge. What we want to see after is the...
Stellar Move Incoming! Look For a Wedge Breakout ot start this move. and An Invere Shoulder Head Shoulder patter could extend back to the summer high.
Overview: JD (JD.com Inc.) appears to be forming a compelling technical pattern that suggests a potential reversal. The stock has developed a 2-day double bottom pattern, coinciding with a falling wedge setup, all occurring within the confines of a major descending broadening formation. Traders and investors should closely monitor these key technical levels for...
Today, let's explore the exciting developments on the CRO chart, where a recent breakout from a falling wedge pattern has set the stage for potential upward momentum. The coin is now consolidating beneath a critical resistance level, teasing the possibility of a decisive breakthrough. Here's a closer look at the current scenario and what to anticipate next....
Hello Traders ! Yesterday, The EURCAD Price Reached a 0.5 Fibonacci Retracement Level. Currently, The Price Formed a Falling Wedge Pattern. So Let's Expect The Bullish Scenario: If The Market Breaks The Resistance Line and Closes Above That, We Will See a huge Bullish Move... TARGET: 1.49050🎯
GBPUSD was trading in falling wedge. The price was reacting well the support and resistance of wedge and now has given the very healthy breakout .. Currently the price has given the breakout of falling wedge and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout...
AG is currently in a descending wedge with bullish RSI divergence. Wait for a break of upper trendline for entry, stoploss below last swing low. Will be moving SL to BE when safe to do so.
As can be seen in the chart, there is a falling wedge pattern in the chart, which is a naturally a reversal chart pattern and is regarded as an intrinsically bullish formation. This chart pattern is occurring at the important Fibonacci level of 38.2%, and the fact that we have bullish divergence between price and the stochastic oscillator in 4-hour timeframe adds...
$VELO will Reach to Find Footing ANew Heights! $VELO to $0.003888 GoGo $VELO #VELOCITY
ITR is currently in a descending wedge with bullish RSI divergence. Wait for a break of upper trendline for entry, stoploss below last swing low and will be moving SL to BE when safe to do so.
DXY was trading in falling wedge. The price was reacting well the support and resistance of wedge and now has given the very healthy breakout .. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to...
FPH has broken out of a descending wedge with bullish RSI divergence and has now had a retest at support and bounce. Enter a position, stoploss at last swing low with target of $22.69 or when starting to look weak and will be moving SL to BE when safe to do so.
Attention, crypto enthusiasts! We're closely monitoring BELUSDT.P on Binance, and it's showing all the right signals for an imminent pump. The coin seems to be gathering momentum, poised for a significant upward trajectory. A critical observation is the recent breakout from a triangular pattern, a classic bullish indicator. This development heightens the...
December 2021 marked a challenging period for Uniswap (UNI) as it navigated through a bearish flag pattern, experiencing a significant drop. Fast forward to the present, and UNI is staging a potential comeback. The charts reveal a pattern shift, transitioning from bearish flags to the formation of a much larger bullish structure—a falling wedge. Let's delve into...
USOIL was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 76.50 region. Will the bulls take charge again continue for leg higher?
BABA has broken out of a descending wedge and had a retest of support with bullish RSI divergence. Stoploss at last swing low and will be moving SL to BE when safe to do so.
LKE was in a descending wedge with bullish RSI divergence and now in a triangle. Look for a breakout of trendline for entry, stoploss at last swing low and will be moving SL to BE when safe to do so.