Divergence within Divergence. Weekly and Daily Bearish Divergence. Forming a rising wedge on the 4H chart, more divergence. It won’t be long now.
The Yen has taken quite a beating this year, but upon analyzing its price action I noticed it is currently inside a falling wedge which usually breaks upwards most of the time, so perhaps this pattern can help rescue it from further demise. We will know soon enough as its nearing its apex. *not financial advice*
CRYPTOCAP:BTC is almost at the reversal zone at 1.618 fib level 59,384USD. bullish divergence at the smaller timeframe while also forming a bullish falling wedge pattern.
On the above daily chart price action prints within a rising wedge pattern since first testing 3000 dollars. The rising wedge pattern is a trend continuation pattern. In 82% of cases it is observed the exit is bearish. The wedge pattern is also a reliable predictor of price action forecasts. Take a measured move from the failed support to the bottom of the wedge...
BYBIT:BTCUSDT.P Seems to be creating a nice Bullish Wedge, or am I just imagining things? No indicators, Purely Boxes, Lines, Arrows. Just in time for BTC's Last Leg before post halving parabolic.
A descending wedge in an uptrend has led to textbook breakout with Uranium X ETF ($URA) Could be a retest though at 20.50 Weekly chart has been used
Please do your own analysis. Falling wedge is a bullish chart pattern and target key levels are mentioned. Manage your risk according to your portfolio before taking any type of trade.
RECLTD formed a falling wedge pattern on daily chart. Looking at the angle at which the pattern has formed one can expect a slow climb towards the target. Moreover price has tested multiple support and resistance point that would act as a good support for price when it goes down. Both bullish swing and bearish swing were equal in power so skipping this one. Still...
While the sector is likely to rally here, I expect more holders to make their exit. Absent any major news from Roman or a Gov't statement from Niger regarding the property, it's unlikely to mount a reversal. Chart is showing a downward continuation pattern.
Reasons for bullish bias: - Falling wedge breakout - Bounce from strong support - Entry at LH breakout Here are the recommended trading levels: Entry Level(CMP): 195.70 Stop Loss Level: 136.71 Take Profit Level 1: 243.83 Take Profit Level 2: Open
According to the weekly trend of Bitcoin, this currency is in an ascending channel that has moved from the bottom of the channel to the top and has broken the middle line of the channel and want to move to the top of this channel (about 100,000 $).This is a buying opportunity for buyers and Bitcoin will not return to these areas because there is a lot of money...
According to the weekly trend of Bitcoin, this currency is in an ascending channel that has moved from the bottom of the channel to the top and has broken the middle line of the channel and want to move to the top of this channel (about 100,000 $).This is a buying opportunity for buyers and Bitcoin will not return to these areas because there is a lot of money...
Hi. KUCOIN:GTAIUSDT ➡️ the odds of another bullish Movement is Pretty high because the pattern which GTAI is in, Is a Bullish wedge Pattern! Since The break out has happened. ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢 Bullish Divergence 🟢 FALLING WEDGE 🟢The...
Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #GBPUSD daily time frame 🇬🇧🇺🇸 The market is trading in a bearish trend on a daily. After the price updated the low, we see quite an extended correctional movement. The pair is currently approaching a key horizontal resistance. The next bearish wave may initiate from the...
D: Uptrend, price broke below upward trendlinef and hit -27 on daily FIB 4H: Downptrend, price retraced 61.8% and hit -61.8% on 4H FIB 1H: Downtrend, price retraced 78.6% near 4H support/resitance zone. CURRENTLY: Price is heading into a wedge. I'm looking for price to eaither break obove trend and continue long to previous suport area OR Break below trend...
SUKU is on the brink of breaking out from its falling wedge on the 4-hour chart, targeting the golden Fibonacci range between $0.23 and $0.26. Historically, SUKU hit the $1 mark twice during the crypto bull runs of 2021 and 2022. The recent launch of SukuPay, a decentralized digital wallet that allows users in over 150 countries to transact using just their phone...
Here is my latest structure analysis and support & resistance levels to be focused on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️