Here is my latest structure analysis for Gold. Horizontal Structures Resistance 1: 1925 - 1935 area Resistance 2: 1942 - 1947 area Support 1: 1893 - 1907 area Vertical Structures Vertical Resistance1: Falling trend line Vertical Support 1: Falling trend line The market is currently trading within a falling wedge pattern. I believe that the market will...
XRP is currently retesting a major trendline from 2022, and this retest is exactly where you want to buy this coin! This trendline is also part of an ascending parallel channel on the daily chart, which strengthens the support. What's more, we have had a strong 0.618 FIB retracement on the LOG scale. We hit this level almost to the dollar, so if you bought at...
A rising wedge type of pattern can be observed in the weekly chart of HDFC Bank. Price has failed to breakout above the 1750 level 4 times in the past 2 years. Price seems to have broken down on the weekly chart from the pattern. Supports at 1580, 1530. Good medium to long term buying opportunity if it reaches around 1410 which is the 200 EMA on the weekly.
Hello,Traders! EUR-USD is trading in a Local downtrend and the Pair has formed a bearish Wedge pattern so IF we See a bearish breakout then A move down will follow Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅AUD_CHF is trading in a Downtrend in a falling wedge So I am bearish biased and I think that the pair Will keep falling down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello Traders, YGG might go up again. Funding is still negative, so one more short squeeze is possible before a hard drop. Please hit the boost button and follow me for more ideas. Thanks
Hello Traders, The news about C98 and DWF labs partnership just published today. So, we might see some crazy actions like YGG and DODO. Don't FOMO and buy the dip/pullbacks always. Please hit the boost button and follow me for more ideas. Thanks.
Breaking down from a wedge its high time to be ready for a high profitable short position.
The setup shown in this video is very bullish for vaccine stocks. It appears like covid is going to be the next catalyst to pull down the market which makes the vaccine stocks clear beneficiaries.
Hi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how the price a few moments ago declined to the 1910 support level, which coincides with the support zone. After this movement, Gold rebounded from the 1910 level and made impulse up to the 1950 resistance level and even after this continue to rise to the 1985 point. Later...
As you can see, ADA was in the falling wedge, the price was able to break the wedge, now the price is in the PRZ zone, which has the potential to grow. ➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed. ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
BINANCE:APEUSDT is trying to develop a bullish scenario. The prolonged bearish trend may end, but buyers will have to take and hold a few positions to do so While bitcoin is testing a strong support area and is in the correction phase, APE is breaking the descending wedge resistance and forming a local wedge. In this case, we are interested in resistance at...
BINANCE:SUSHIUSDT is forming a bearish wedge and after retesting the global bottom, the price starts to strengthen, breaking the resistance of the pattern A symmetrical triangle has been forming for the last few weeks, within which the potential is accumulating. Within the forming figure, the price is breaking the resistance of the global wedge, but is still...
BINANCE:RUNEUSDT is forming a prolonged downtrend. A global setup capable of changing the trend is being formed. After testing the bottom, the price starts to realize the bullish potential The rebound from 0.777 (market bottom) forms a bullish reaction on the background of bitcoin growth. An active strengthening and breakout of the global trend resistance is...
As in my last publication, the falling wedge played out beautifully as DIS rallied with amazing strength, amassing +4.8% yesterday. The option contract I recommended and alerted was up big time. However, today had a major sell-off (coupled with PPI data release) that looks like a retrace to test the upper trendline. A good bounce near the upper trendline of the...
This is a follow up to my previous PnF chart targets with an added pattern that being a "Descending Broadening Wedge"!
Hello,Traders! ETHEREUM has formed A bullish wedge pattern So I am locally bullish biased And IF we see a bullish breakout Then a move up will follow Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
there is a rising wedge both on one house and a 4-hour chart! plus there is a bearish divergence not that much but there is a slight divergence. this may mark an end to the bullish run and we may see a trend reversal. we can make short entries by placing sell-stop orders.