A rising wedge is taking shape in CHFJPY, accompanied by a noticeable divergence on the chart. There's a likelihood of a reversal in the upward trend. I am prepared to enter the trade upon the breakout of the trend line. I'm curious to hear your thoughts on this setup. Cheers!
Short when the price break through the bottom trend line. Wait for confirmation. Monitor and close the trade if the trend changes and move above the trend line. Target price: 15.10
A breakout from descending broadening wedges. The upward trend had stopped. Action: Short Target: Support level Profit: Around 25%
On the above 10 day chart price action has corrected 86% since late 2021. A number of reasons now exist for a long position. 1) Price action and RSI resistance breakouts. 2) Support on past resistance confirms. 3) The falling wedge breakout forecasts a 100% near term move. 4) GRM support confirmed. Is it possible price action corrects further? Sure. Is it...
Looking for Impulse Up. DXY formed 1,2,3,4,5 & a now wait for wave b to get in with wave c. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments. Learn & Earn! Wave Trader Pro
Hello TradingView Family / Fellow Traders, 📈 AUDJPY has demonstrated an overall bullish trend, trading within the rising broadening wedge pattern in blue. Currently, AUDJPY is sitting around the lower bound of the wedge. Moreover, the 96.5 serves as a robust demand zone. 🎯 Therefore, the highlighted blue circle signifies a significant zone to consider for...
JTO is trading in a bullish pattern. The falling wedge has a higher probaability of breaking to the upside. If we get a nice breakout to the upside, I would be looking to target the POC above around $2.90. If we fail this support level, the next level below is around $2.105. there we have major confluence, which is the .886, .382, & Daily level. If that is...
✅EUR_CHF broke out of An opening wedge and The breakout is confirmed So I will be expecting A bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The the 30m chart the EURJPY is forming a potential falling wedge. On the chart infront, you can discover a bullish market structure Additional confluences: - Price has dropped to the support range created from the previous major high - The price is testing the 0.382 Fib. Have in mind that the 0.5 and the 0.618 levels are also in the support range so it is...
Hello TradingView Family / Fellow Traders, After breaking below the 45,000 local support, BTC traded lower, and it is currently sitting around the lower bound of the orange flat wedge pattern. Now, what's next? As long as 41,300 holds, we will be looking for trend-following buy setups. 📈 For the bulls to take over, we need a momentum candle close above the...
Hello TradingView Family / Fellow Traders, 📈 GBPCHF is overall bullish from a short-term perspective trading inside the rising wedge in red. However , it is currently sitting around a strong supply zone, thus we will be looking for sell setups. 📉 For the bears to take over and activate our sell setup, we need a momentum candle close below the last major...
What Altcoin has outperformed BTC by 1000% since February 2021? CRYPTOCAP:OKB Token from the OKX Exchange. Potential Set Up in coming months - Break out of the falling wedge - Bounce from the lower diagonal support Both to me offer entry points with defined stop loss's under the both trend lines. Lets keep an eye. OKX is one of the few exchanges that also...
What’s up future crypto millionaires CRYPTOCAP:SOL has found itself in a falling wedge which is a bullish chart pattern. The flagpole top matches with a 5th Elliott wave impulse followed by a perfectly followed ABC correction . I believe solana is on its way to make a 2-3 wave impulse followed by a short correction and a 5th impulse bringing us to the...
In this chart we're lookin at the strength in both buyers and sellers just like the previous upload. Except this time we zoom in a bit closer to analyze the current wave and where its heading. So far price action looks great as we head into the expansion phase once again. Momentum shows that there are only about 10% sellers out the 100% buyers in the last rally...
RATS/USDT is BRC-20 based token just broke descending channel in 6H time frame , by observing volume and bullish momentum 20% to 50% pump is expected. targets are given in chart.
It's JUST an IDEA that could work out../BTC is in a bearish market rn. the bull sentiment has fallen and mayor BTC bulls have realized it is not such an easy task, so until halving comes in July bulls could turn into July fools if they don't understand the smart money and clearances for the actual bullish move to work out there needs to exist a huge liquidity sweeper !
Keep your eye on this wedge pattern for QQQ. If it closes below the wedge line, there is a good chance it falls more.
The INDEX:DXY is hitting resistance of massive broadening wedge. Big move up or down coming. If it closes above the wedge line, look for it to climb higher. If it can't break through, look for it to retest the bottom of the wedge. If it starts to fall, stocks and Bitcoin will rally. INDEX:DXY COINBASE:BTCUSD NASDAQ:QQQ