In a technical analysis forecast that could signal a turnaround for Apple Inc., the charts are indicating a potential shift in momentum. The falling wedge pattern observed is suggesting a consolidation phase that could prelude a bullish reversal, aligning with the optimism surrounding the company's innovative trajectory. With Apple's stock price currently testing...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 IDEA has been overall bullish , trading within the flat wedge pattern in orange. Currently, IDEA is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong demand zone $0.0026 - $0.003. 🏹 Thus, the highlighted blue circle is a...
The lines of support and resistance have been identified and due to having two resistances in the Long path, it is doomed to be short.
IMFA formed a right angled descending broadening wedge pattern. This is a bullish pattern with bullish breakout happened three sessions earlier. Price inched higher than the breakout candle high today forming an ideal entry today with stop loss just below breakout candle low. There was high volume during breakout and prior to formation of the pattern indicating...
DASHUSDT is forming a conglomeration of bullish assumptions, attitudes and patterns. It is possible that the coin is starting to see a buyer, but it all depends more on their potential and interest. On W1, the coin is trading almost at the bottom, which is the 22.6 area, and the strong support in this case is the 25.0 area. Relative to 25 a triple bottom is...
🏃♂️ DXY index is moving near 🔴 Heavy Resistance zone($105.88-$104.65) 🔴. 📈In terms of Classical Technical Analysis , the DXY index has succeeded in forming an Ascending Broadening Wedge Pattern and is currently completing the right shoulder of the Head and Shoulders Pattern . 💡Also, the Regular Divergence (RD-) between the right and left shoulders ...
HBLPOWER has seen a good reclaim of the 10 & 20 EMA after almost a consolidation of more than 10 days with 100% increase in volume on daily TF. The company has a minimum 50% increase in sales QoQ growth for the last 3 quarters and close to 150% increase in EPS. Good for swing traders. Can expect an upward momentum of a min of 20%. Entry - INR 490 (Trade...
In this chart we have observed a Rising wedge in which price is continuously rising and volumes are started shrinking. In this condition the buyers loose interest in buying on that high price. So as we spotted a Bearish Divergence and it will take a slight dip to the TP we suggested.
Hello,Traders! TESLA is trading in a Narrowing wedge pattern So IF we see a bullish Breakout we will be Expecting a further Move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Something a bit different from the 5th wave pivot. This B wave pivot from the bottom range of a rising wedge may result in the formation of the top right shoulder of a head and shoulder pattern. Worth watching for two reasons. The b wave up and the c wave correction. Raising wedge. Bearish ABC elliot wave. Bearish Head & Shoulder. Bearish B wave target 129 C...
⚠️Gold is currently on an upward trend globally. It’s adhering well to the expanding rising wedge pattern seen on the 4-hour chart. After hitting the resistance, gold began a corrective phase. This uptrend has been ongoing for over a month. There’s a support cluster at the base of the wedge and a flat support level. The market’s response here could lead to one...
OPUL is in strong bullish trend. As the market is consistently printing new HHs and HLs on higher TF , RWA is trending narrative and OPUL is RWA based coin. Currently the market is retracing a bit after last HH on daily and now forming bullish div on 1H, if this falling wedge will break then we will enter at breakout. If the market successfully sustain this...
BTC broke this wedge early this am on strong volume. Generally you want to see an entire thick bodied candle to confirm a breakout, this happened plus this additional massive candle. This is the upside I was hoping for with my CLSK call setup I entered last week. A strong reversal in stochastic is noted. OBV not pictured is back to a bullish trend. The BTC halving...
CHWY is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of support zone for entry, stoploss at last swing low and will be moving SL to BE when safe to do so.
Update for GBPJPY. Earlier, I shared a very bullish forecast for the pair on a daily. Analyzing the intraday price action today, I see strong confirmations of my predictions. On a 4H, the price broke and closed above a resistance line of a falling channel, retesting the broken trend line, the price formed a double bottom and violated its neckline. We can...
On the above 6-day chart price action has corrected 97% since August 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Stochastic RSI resistance breakout. 3) Regular bullish divergence as measured over the last 2-3 months. 4) Falling wedge breakout + support. 100% upside target projected. Is it...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 From a long-term perspective , CADCHF has been overall bearish, trading within the falling channel in red. 📈 From a medium-term perspective, CADCHF is in a correction phase trading within the rising wedge pattern in blue. 🏹 The highlighted red circle is a strong area to...