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Hello,Traders! EUR-USD has finally reached A horizontal support of 1.075 And we are seeing a bullish breakout From the narrowing wedge pattern Which reinforces our bullish bias And makes us expect a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My TA suggests KUCOIN:GALAUSDT , is presently breaking out for a potentially massive festive rally as we head towards Christmas. This bullish outlook stems from the formation of two solid patterns that I have been seeing often in the Crypto markets and which have almost always preceded upward price movements. First, a cup and handle formation, with the cup...
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...
USO on the weekly chart over the past two and a half years makes a symmetrical triangle patter with the upper and lower trendlines drawn in. Price appears to be dropping out of the pattern in a breakdown and she now yet tested the prior support trendline as resistance. The Stochastic RSI and Zero Lag MACD are confirmatory. The Relative volatility indicator...
Hi Traders ! The USOIL Reached a Strong Resistance Level (79.72 - 78.47) The Price Formed a Rising Wedge Pattern. Let's Expect The Bearish Scenario: If The Price Breaks The Support Line and Closes Below That, I Will Sell on Retest... TARGET: 70.50🎯
As We Talked in The Previous Analysis: The USOIL Reached a Strong Resistance Level (79.72 - 78.47) The Price Formed a Rising Wedge Pattern. Currently, The Support Line is Broken and Now The Price Will Continue its Bearish Movement ! __________ TARGET: 70.50🎯
I think the rising wedge is a continuation of the double top bearish pattern. Looks like a retest of the broken support. I'm going to start shorting now, if I see a fake break out of the resistance I'll add. My SL triggers only if a daily candles closes above the resistance.
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.
I'm currently looking for long on EURUSD. Count is derived from h4,h1,m30. Entry to (5) Wave of Elliott Wave count. There is nice looking end of ABC in lower degrees. SL: Under Invalidation level = TOP of (1) TP: TOP of (3); Also posible TP on Higer level - use FIB Expansion from (1)+(2).
I believe we are in a squeeze currently. Price action has shown tremendous discipline up until today. Maybe I'm lucky, or maybe on crack, either way, I am having fun. Let's see what happens. Up or Down?
Hi folks today I'm prepared for you Bitcoin analytics. A few days ago price reached support 2, which coincided with the support zone and broke it. After the breakout, the price some time traded near this level and then tried to move up, but soon corrected the trend line. After this, BTC rebounded from this line to support 1, which coincided with one more support...
Recently, political change in India supports. direct indirect by the government. And the technical. chart showing. potential relative strength. chart pattern Sowing bullishness. So no doubt this chart will fly, Very clear monthly weekly chart undoubtful bullies. cmo sowing momentum. may be long time momentum will run on this chart.
Breaking thru both the trend line, as well as the tip of the rising wedge (even ON the hourly chart), SHOT looks to be onwards and upwards. This coincides with fundamental analysis research/very recent clinical studies involving the company and their product/s as well. Only looking slightly iffy on the hourly chart, and regardless of being dang near it's...
Price reacted on long term trendline. In the mid term it formed wedge pattern so possible some move up. Invalidation of this scenario after breaking down the trendline. Trade carefully!
Look to LONG Falling Wedge Reversal Pattern USD pull back to resistance = short term bullish trend change Buy the support being made
Watch the $6.75 level for a potential breakout to fill the gap around $7.