View the Wedge Breakout. Wedge Breakouts allow a Trader to use a "small" stop loss. Due to its shape, wedge technical patterns offer high RMultiples.
LOOK FOR SHORT OPPORTUNITY AT 1.13584 FOR EURCHF.
Waited for break and close of candle. Entered after retest of the line. ---- Trade Journal Notes.
Expecting Wedge Break For NZDUSD on the H4 Chart.
EURCAD Wedge Pattern Retest of the Support Resistance Line. Enter at the retest of the support and resistance line. I just noticed a gap at price level 1.49848. Time 28 Sep 2018 and 01 Oct 2018 area. #Gap #SupportResistanceLine
Enter after retest of the support resistance line.
Great Fundamentals. Great Chart. Keeping a tight eye on this one.
Just playing with angles and potential trend lines. Nothing serious. I don't trade it and I made it only for fun/research purposes. It would be fun if it plays out ;-) Potential bottom according to this scheme is 5200-5350 on 2018-08-25 to 2018-09-04 and bounce back to 7400.
Dow is entering Wave B of A-B-C correction from 5th Ellliot wave peaked at 24401 from the 1-2-3-4-5 impulse up waves in ascending wedge: Two inverted hammers last week suggest pivotal juncture and bullish bias; sub-micro analysis of wave B will show slight retracement early in July with lift into next week (1-2-3-4-5- micro pattern projected onto Wave B, has been...
Just a quick look on the USDCAD and we can see that price formed an ascending wedge pattern. There are some important levels marked on the chart which would complete the ABCD swing, but that remains to be seen. Happy Trading, folks! Cheers!