This is the anticipated structure (initially) that will be formed for the BULLISH Flag. One can never know what formation it can adapt to, never the less we have a starting point. Now its hit the key fib line, one would assume many buyers. Bullish Divergence in the 15 min.
Hi friends… I love this chart… It tells so many things in one quick glance. This is 4 hour time frame chart. In the first case, 24th to 30th July, we see strong bullish Price movement, completely unconfirmed by RSI (bearish divergence) and then we see a sharp fall in Price (would have a good time to exit any long position at this stage, maybe even consider a...
EURAUD Rising Wedge Pattern. Target Price 1.61072
A number of points to make. > Descending wedge in play with the probability or likelyhood to break out on the upside > Previous descending wedge did break up > EMA ribbon is hinting a constriction and a breakout near > We have a double bottom with an acting support line from the previous resistance, as per the red zone\line at 68.2% Its possible that its already...
Netflix opened lower today outside of the wedge made over the past few weeks. Today marked a backtest of the uptrending line on the wedge. Will look for a fail and continued downtrend.
Gold is just chilling in a consolidating range right now awaiting the next big breakout. We've been enjoying a nice, but jittery downtrend since September. But with a wedge showing it's nearly filled on both a smaller and larger scale, we can enjoy a nice move on either end. Ler's wait and see. For now, here are the TPs I marked up for this trade: BULL...
CGF looking vert bullish. Broke some key levels and heading up! Let me know your thoughts. GLTAH.
Seeing price break below wedge on 30min chart. Assuming point of distribution. Looking for marked targets.
Ravencoin has a fairly predictable pattern of creating sharp falling wedge and then breaking out of them violently. There was even another one that is not reflected on this graph as it happened before the coin was added to Binance. I don't have time for a very long analysis but as a long time miner and holder of RVN it seems from my experience we are due for a...
A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines
Wedge breakout reversal as taught in our telegram channel
Possible shorting opportunity the break of the wedge.. I am already short from somewhere near the top.. if there is a break of the wedge then i may open another position with a tighter stop loss AUD seems real weak right now and YEN is booming.. at least up until the rate decision ON THE 31ST OCTOBER!!! any questions feel free to ask Ben #PipGainFx
Hey tradomaniacs, welcome to another free signal of WEEK 38 NR. 13 How to trade: Wait for the breakout of the rising Wedge and the horizontal Support-Line! We want to see an S&R-Flip before we sell! ----------------------------- Type: Day-Swingtrade Sell here: 0,99050 Stop-Loss: 0,99555 Target 1: 0,98500 Target 2: 0,98180 Target 3:...
Observations: On the weekly chart, we see a regular Bearish Divergence On the daily chart, we see a pullback to the 20 (and up) or to be 50 EMA. BTC dominance trend is still bullish, the main trend and hence go with the trend Confluence with ALT coins recently either maintaining its range and in some cases breaking out of its downward wedge Macro...
Riding 50 week linear regression mean while squeezing toward the end of current wedge. Fib levels ATH/Local Low. Expect movement. Support: Non-linear regression (labeled), 61.8%, and lower bound standard deviation -1. Resistance: ~$10.8, $11.5
2019-08-14 : We've been following through with this pattern for a long time now and I think the point has finally come where we could possibly see some large movement in the coming weeks or days.
At this point, one can see that there are a number of WEDGES that are part of the overall MACRO (Ascending Triangle? to be confirmed) formation. As such, don't overstay your welcome with the recent, or 3rd Wedge formation as we have observed that people are prepared to go shorter than usual. Close up on the current wedge, behaves within the fib levels...